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 Replies: 50 / Views: 6,365 |
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Pillar of the Community
United States
4337 Posts |
I think there is a level of insanity with this hobby. There has to be, we're spending, in some cases, hundreds and hundreds of dollars on a single coin that really has no value beyond what the next person MIGHT be willing to pay for it.
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Pillar of the Community
United States
6370 Posts |
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Moderator
 United States
188560 Posts |
Good one.  |
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Valued Member
United States
129 Posts |
My brother jokingly put it all into perspective about a month ago when I spent $175 on a SLQ......he said "you spent $175 for $0.25 cents!" made me think for a second!
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Rest in Peace
 United States
18456 Posts |
I remember when I was about 12 years old I was visiting my grandmother , she had a coin shop 2 blocks away from where she lived. so I walked to the shop ,bought a 10-S Lincoln in what we would call now EF-40 for $10 . when I showed my grandmother the coin she asked how much was it. her response was : ARE YOU CRAZY ? $10 for a penny !  So I guess we were insane then ,and still insane today.  Edited by T-BOP
02/22/2016 2:35 pm
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Valued Member
United States
129 Posts |
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Pillar of the Community
United States
591 Posts |
This very thought crossed my mind yesterday when I handed over five crisp $20 bills in exchange for a 95 year old DIME! Bought a 1921 Mercury dime (Fine) at the local coin show. My five year old daughter wanted to pull it out of the flip after my wife and girls asked what I had bought. I had to ask her please not to, just to look at it through the plastic. ugh. |
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Pillar of the Community
Canada
2781 Posts |
as long as there are more insane people coming along to buy our paper and metal discs when the time comes then all is well.
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Pillar of the Community
Russian Federation
5174 Posts |
I have a bunch of cheap ancients (LRBs and stuff like that), and like to show them off, so in my case the situation is often nearly the opposite: "Wow, this thing was really made almost (or over) two thousand years ago? And you paid what, five (or three) dollars for it? I can't believe it! Are they insane?"  |
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Rest in Peace
United States
18456 Posts |
Excuse the off topic, but I was never into ancients ; why are they so inexpensive when some are over 2,000 years old ?  |
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Pillar of the Community
United States
4963 Posts |
Because there are tons of them (for common stuff, at least). There's one dealer I often see at shows who, in addition to higher quality coins, has several junk bins with more common Roman and Arabic pieces for just a dollar or two each. I bought several coins from him when I was a kid.
Edited by Numisma
02/23/2016 6:06 pm
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Pillar of the Community
United States
982 Posts |
 Quote:
Excuse the off topic, but I was never into ancients ; why are they so inexpensive when some are over 2,000 years old ? Just think, T-BOP, two thousand years from now collectors will be asking: Why are State Quarters so inexpensive when some are over 2,000 years old?  Edited by captainrich
02/23/2016 6:23 pm
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Moderator
United States
188560 Posts |
Quote:Just think, T-BOP, two thousand years from now collectors will be asking: Why are State Quarters so inexpensive when some are over 2,000 years old? Ouch!  |
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Valued Member
United States
96 Posts |
Put me down for both. I'm crazy about coins & obsessed with collecting them!
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Pillar of the Community
Canada
5241 Posts |
The desire to collect is a powerful instinct. It is not so much insanity as human nature. Most people collect something of one sort or the other, and the same ideas apply: Subtle differences to the untrained eye can make huge differences in value to the trained eye.
There is no particular reason to state that it is better to collect types vs. by date/ mint or any other way. What you collect is a matter of taste, preference, or availability within your budget.
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Replies: 50 / Views: 6,365 |
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Posted 02/21/2016 9:14 pm
