Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics 300,000 items to help build your collection! Royal Estate Auctions - $1 Coin Auctions








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Collection Or Obsession?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 29 / Views: 2,777Next Topic
Page: of 2
Pillar of the Community
Learn More...
nohope587's Avatar
United States
5953 Posts
 Posted 02/05/2011  8:16 pm Show Profile   Bookmark this topic Add nohope587 to your friends list Get a Link to this Message Number of Subscribers
Collection or obsession?
On Monday I am making my annual trip to the Safety deposit box. I need to add last years additions to my variety set.

Seems last year I spent way too much. I am beginning to think my wife has a point when she says I'm obsessed.
Do you think my coin habit has gone beyond the realm of hobby into obsession?

Collection-Or-Obsession?

Edited by nohope587
02/05/2011 8:19 pm
Pillar of the Community
United States
1231 Posts
 Posted 02/05/2011  8:28 pm  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
All those purdy 2 cents. It's never an obsession
Moderator
Learn More...
nickelsearcher's Avatar
United States
15445 Posts
 Posted 02/05/2011  8:39 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
They all look great to me .... welcome to the world of coin passion.

David
Take a look at my other hobby ... http://www.jk-dk.art
Pillar of the Community
Zohar444's Avatar
United States
1429 Posts
 Posted 02/05/2011  8:54 pm  Show Profile   Bookmark this reply Add Zohar444 to your friends list Get a Link to this Reply
Better than drugs or alchohol.
Pillar of the Community
tumbleweedtrumpet's Avatar
United States
1418 Posts
 Posted 02/05/2011  8:54 pm  Show Profile   Bookmark this reply Add tumbleweedtrumpet to your friends list Get a Link to this Reply
What we have is a numismatic passion. Coins are worth exactly what it says on the reverse - the history is worth more.
Pillar of the Community
specksynder's Avatar
United States
1080 Posts
 Posted 02/05/2011  9:15 pm  Show Profile   Bookmark this reply Add specksynder to your friends list Get a Link to this Reply
Y'know, in my case (and I know this isn't true for all collectors by any means), I would sell back any or all of the collection if a financial emergency arises. You can't do that with the money we've spent of many other "hobbies" (movies, eating out, clothes, ...)

Nice collection, but the way!
Valued Member
thecoinczar's Avatar
United States
455 Posts
 Posted 02/05/2011  9:20 pm  Show Profile   Bookmark this reply Add thecoinczar to your friends list Get a Link to this Reply
You can never buy too many coins for your collection! Obsessed? Not a chance!
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 02/05/2011  9:20 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
I'm worse = )
Pillar of the Community
Coinstar's Avatar
United States
1510 Posts
 Posted 02/05/2011  9:28 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
I just dropped $60 on morgans today--so dont worry
Retired USAF 1983-2003
Valued Member
Meldercat's Avatar
Canada
268 Posts
 Posted 02/05/2011  10:16 pm  Show Profile   Bookmark this reply Add Meldercat to your friends list Get a Link to this Reply
What the difference between collecting and an obsession.
Can you afford to buy the coins?
Would you sell them?
Can you live without them?

Yes = collection. No = obsession.
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 02/05/2011  10:18 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
What a magnificent obsession! You never know, your wife may clean up on those when you kark it! Perhaps that explains her toleration.
Valued Member
schnauzer's Avatar
United States
212 Posts
 Posted 02/05/2011  10:20 pm  Show Profile   Bookmark this reply Add schnauzer to your friends list Get a Link to this Reply
Don't listen to the wife. Zohar444 is right on. You could be doing alot, alot more other things that are much, much worse. Collection and a passion, as stated above, are what you have. People who don't like coin collecting, don't understand it. If you love what you are doing and enjoy it, keep doing it. Looks like you got some really neat stuff!!
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 02/05/2011  10:25 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I believe you are walking a fine line between the two but I also believe you are in good company because I think we all straddle the fence every now and then. With me the fence seems to be torn down and its easy to cross over without ever knowing you are in foreign territory
Valued Member
Meldercat's Avatar
Canada
268 Posts
 Posted 02/06/2011  12:34 am  Show Profile   Bookmark this reply Add Meldercat to your friends list Get a Link to this Reply
The key question here ... how much do you love your wife?

Priorities my friend. Priorities.

Pillar of the Community
Learn More...
nohope587's Avatar
United States
5953 Posts
 Posted 02/06/2011  08:09 am  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply

Quote:
Y'know, in my case (and I know this isn't true for all collectors by any means), I would sell back any or all of the collection if a financial emergency arises. You can't do that with the money we've spent of many other "hobbies" (movies, eating out, clothes, ...)


Should the need arise I would have no problems selling the collection. I also realize I would be lucky to get 50% of what I paid for it if I needed to sell. I suspect a lot less than that as dumping a large amount of one type of coin on the market at any one time will have an adverse effect on the price.
My collection was always intended to be part of my retirement fund and I will have no qualms about divesting it later on in life. I would just like to complete it first. Not likely to happen.


Quote:
I'm worse = )

I doubt it. At least you diversify


Quote:
What the difference between collecting and an obsession.
Can you afford to buy the coins?
Would you sell them?
Can you live without them?

Yes = collection. No = obsession.


The answer to that one is yes ( I think...)


Quote:
The key question here ... how much do you love your wife?

More than you would know. She has no interest in coins but has taught herself the basics of Mr Longacre's 2 Cent coins to the point that she can spot certain varieties with the naked eye. She always goes to shows with me. I think mainly because they have jewelry on sale at most..
Pillar of the Community
Metalman's Avatar
United States
7123 Posts
 Posted 02/06/2011  08:38 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Nice collection nohope, I know when I spend a couple hundred bucks for a Lincoln Cent my wife looks at me like I'm crazy and then she has buyers remorse for me for a couple of weeks and then she asks me if I can get my money back from the coin if I needed to, my answer is always no, but I can get close.

a few weeks later it's forgot until the next time.

obsession, not really, I think it is better described as passion.
  Previous TopicReplies: 29 / Views: 2,777Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.33 seconds to rattle this change. Forums