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 Replies: 66 / Views: 9,109 |
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Pillar of the Community
United States
3479 Posts |
Actually $1,500 hundred purchases are normally a no brainer. That's the level I feel most comfortable with. $2,000 purchases still make me feel like my underwear is a couple sizes too small.
Everyone has a comfort level/price point that they feel comfortable with paying for any one given coin. Mine would be in the 1,000 to 1,500 range for high end coin purchases.
Edited by MikeF
01/14/2018 01:02 am
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Bedrock of the Community
United States
12477 Posts |
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$2,000 purchases still make me feel like my underwear is a couple sizes too small.  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Valued Member
Slovenia
459 Posts |
My top buy was about 150 € for a coin (gold). However my comfort zone lies around 40 €. Anything above it, I really think it through. And there's the metal factor: for some reason, I hesitate to pay, let's say 20 € for a copper coin, but 40 € for a silver one seems totally normal to me.  |
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Valued Member
 United States
397 Posts |
I feel uncomfortable paying more than $100 for a single coin. Which is why I haven't completed a single Mercury set yet. The 16D and the over dates are more that I want to spend, even though with proper planning I can afford them. We'll see what the next few years brings.
Of course, my brothers still think I have the first dollar I earned - 45 years ago!
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Moderator
 United States
189767 Posts |
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Of course, my brothers still think I have the first dollar I earned - 45 years ago!  |
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CCF Advertiser
United States
1533 Posts |
I don't have the first dollar I've ever earned, but I do have the first dollar I've ever bought, so that's something I guess. I'll spend $5,000 on a coin once a year or so, adding a coin at one of the FUN or Long Beach show auctions. I once had to spend over $10,000 on a coin to finish the Standing Liberty quarter set and it really gave me pause. I don't plan on ever doing that again. |
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Pillar of the Community
United States
1788 Posts |
Me being 15 years old, I consider anything over $100 expensive.
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Pillar of the Community
United States
5029 Posts |
Ploopy I am not 15 and $100 is still expensive to me  |
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Moderator
United States
189767 Posts |
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I don't have the first dollar I've ever earned, but I do have the first dollar I've ever bought, so that's something I guess. I sill have the first two dollars that started my coin collection.  |
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Pillar of the Community
United States
1788 Posts |
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Ploopy I am not 15 and $100 is still expensive to me I don't consider it a lot of money when I actually have money in my wallet, but when I'm broke even a $5 coin seems expensive  |
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Pillar of the Community
United States
2923 Posts |
This is a tough question. "Expensive" can be quite the relative term... When I was young, I considered anything over $25 expensive. Today, anything over about $100 would be expensive to me. I've only breached that barrier about 15 times. I've crossed $500 twice.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Bedrock of the Community
United States
12477 Posts |
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Ploopy I am not 15 and $100 is still expensive to me Same here! Everyone has their specific personal financial situation and it dictates purchases to a major degree. It takes all of us to make the Community. For instance, I can't afford Capped Bust half-dollars, but where would I be if no one else could and no one posted them on CCF for grading, authenticity and questions? I think we are all benefiting. In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
01/17/2018 03:16 am
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Moderator
United States
15531 Posts |
Expensive is whatever amount your personal financial situation dictates.
I believe that most of us would agree that 'too expensive' is any purchase (coins or otherwise) that has a negative impact on your ability to meet your other financial obligations.
The general trend in life is that as we age and accumulate wealth, the yardstick for expensive adjusts accordingly.
Purchases of all types that at an earlier age were a cause for pause become easier ... which is why we eventually can afford a college education, to purchase a house and cars, etc.
When I started collecting at age 7 on a paper route budget ... expensive was any coin over about $2.
Somewhere in my 30's as I picked up the hobby again ... expensive was somewhere in the $100 range.
Now in my mid-50's the yardstick has again adjusted accordingly.
I suggest that wherever you are in this continuum of financial life it's not about the price of the coin but the amount of enjoyment you receive from the hobby at whatever level you can afford to participate at the time.
Edited by nickelsearcher
01/17/2018 04:55 am
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Moderator
United States
189767 Posts |
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I believe that most of us would agree that 'too expensive' is any purchase (coins or otherwise) that has a negative impact on your ability to meet your other financial obligations. Well said. |
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Valued Member
Taiwan
192 Posts |
Being 18 and in a developing country, it may take me more than a month to buy a $30 coin.
$32, $26, and $15 (converted to USD) are the purchasing price of my most expensive coins.
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Replies: 66 / Views: 9,109 |
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Posted 01/14/2018 01:19 am
