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What Do You Consider To Be Expensive For A Coin?

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Earle42's Avatar
United States
10047 Posts
 Posted 04/07/2018  1:43 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Any price, unless I make my the hobby pay itself (which I do), is expensive for using household money. I don't do it.

I spend a lot of time looking for bargains and using those bargains/investments to afford what I want. The most I have used this system to get is the JFK 50th anniversary gold half. It cost me only enjoyed time with coins so I consider that half as having been something that profited me to go after rather than being "expensive."

My glass insulator collection also has all been "free."

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Costly TPG ineptitude and No FG Kennedy halves
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tdziemia's Avatar
United States
7963 Posts
 Posted 04/07/2018  2:29 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
Lots of interesting viewpoints!

I set aside my childhood collection (in which I am pretty sure I never paid more than $20 for a coin ... that goes back to, say, the mid 1970s) when I went to college, and got seduced anew by coins when I was in my 40s, with (fortunately) a different level of means.

I'd have to answer the question like a few other posters who considered thresholds like $500. In the 20 years that I've been collecting as an adult, I've bought maybe 10 coins which have taken me over that threshold. I have bid on (and not succeeded) on a few more.

So, that's an amount that really makes me think about how much I want the coin.

Like others, I have a few holes in my collection that are likely to take me beyond what I've ever spent, if I ever decide to fill them (a coin from the reign of Wladyslaw IV of Poland for example).

Through work, I am also exposed to the world of fine wine, and I sometimes wonder about how winelovers make similar decisions. I have a hard time imagining plopping down $50 or $100 on a routine basis for something that just goes in one end and out the other. But I guess that's what makes the world go 'round!

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fistfulladirt's Avatar
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4333 Posts
 Posted 04/07/2018  3:57 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I like gold.
It's not cheap
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
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jpsned's Avatar
United States
2217 Posts
 Posted 04/07/2018  10:47 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply
When I see a coin I'd like but can't afford it, it's expensive.
Edited by jpsned
04/07/2018 10:48 pm
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jpsned's Avatar
United States
2217 Posts
 Posted 04/07/2018  10:49 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply

Quote:
Through work, I am also exposed to the world of fine wine, and I sometimes wonder about how winelovers make similar decisions. I have a hard time imagining plopping down $50 or $100 on a routine basis for something that just goes in one end and out the other. But I guess that's what makes the world go 'round!


Winston Churchill once said, "It doesn't take all kinds, but there are all kinds."
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chesterb's Avatar
United States
1261 Posts
 Posted 04/10/2018  11:48 am  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply

Quote:
2017 was a buying year for me...However, I'm going to slow down in 2018


It's interesting revisiting this thread as that was my comment from the beginning of the year. Except, I haven't slowed down yet. I guess it's never too late!!
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