| Author |
 Replies: 21 / Views: 3,996 |
Page 2 of 2
|
|
|
|
Moderator
 United States
23531 Posts |
quote:
Originally posted by crystalk64
Okay how about this? I just this week purchased a foreign coin (modern era) with a total striking of only 40 proofs! I purchased the coin strictly to sell in hopes of coming up with a little extra hobby money for some U.S. coins and currency I am currently seeking. The price I paid was only one tenth of book value and after contacting a collecting friend in Europe I have found the coin is worth more than my book states. Regardless of what it finally sells for would you consider this a good deal?
Yipeee for you sounds like a great deal to me rggoodie
aka Richard
"catch em doing something right"
|
|
Rest in Peace
 United States
954 Posts |
We sure have some interesting perspectives on what is considered a "Deal". Since I asked the question, and had time to think on it, I better throw a opinion your way.
My idea of what a Dealis pretty simple. Anytime I find a coin and a price that I want and am willing to pay I got a deal. When both the dealer and I walk away happy.
catman
|
|
Forum Mom
United States
5877 Posts |
To me, a "deal" is finding a coin that you love, setting a price in your mind that you are willing to pay, and finding it at less than that maximum amount. It doesn't have anything to do with market or retail value as far as I'm concerned. I see those values as guidelines anyway. It all comes down to: What is the coin worth to you?  |
|
Valued Member
United States
382 Posts |
Let's not take the word ((need)) too literally, be "need" I mean want for my collection. I think if you are collecting a series like I am weather you use the word need or want, same thing. To complete the set you need certain coins, if not don't try to complete a set. I don't want to get into a long story of how I got my philosophy but here it is, if I want something, and can afford it, I buy it, that simple. I won't pay an insanely high price for anything, but some are high, some are low. what can you do? Sure I look for lower prices but if I can't find them well...... That's the way the mop flops.
Let not get into deep philisophical thought here, we are just collecting coins!! How do you like them apples.
Tony
|
|
Forum Mom
United States
5877 Posts |
quote:
Originally posted by tonphil1960
Let not get into deep philisophical thought here, we are just collecting coins!! How do you like them apples.
[:0] Besides, philosophical discussions make for great conversation! If you think about it, there is definitely something that sets collectors aside from the rest. I'm still trying to figure out what it is in our personality that makes us collect - whether it be coins or any other collectible. There are plenty of people out there who don't collect anything! That is a concept that I have always found hard to understand because I have always collected something. Even during the years that I wasn't focusing on my coin collection, I was working on a collection of something. Right now, it's more numismatic reference books; partially because of the knowledge that can be gained - but sometimes I like to just look at them and hold them in my hands and reorganize them. That's when I realized it was also a collection. So there's your philosophical discussion  |
|
Valued Member
United States
382 Posts |
I hear you Susan, I am a collector af many things too. I am an avid Military modeler, figure painter and history buff, when my builds are done they go into a collection. In addition to collecting coins I have just started to collect minerals too. You would be suprised at the amount of people involved in this! As for books, yes indeed. Many things to collect. I just hope that my kids take as good care of my things as I do. Tony |
|
Forum Mom
United States
5877 Posts |
Something else I've noticed is that people who have the "collector bug" tend to take better care of things. That might be part of what sets collectors apart from packrats. Most collectors have some type of organization to their collection (whether it's one that other people understand or not). There is definitely a personality/character trait that sets collectors apart.
|
|
Valued Member
United States
382 Posts |
Yes, and being borderline OCD and a perfectionist, I really go nuts with the stuff I have. LOL Tony ^_^ |
|
Forum Mom
United States
5877 Posts |
quote:
Originally posted by tonphil1960
Yes, and being borderline OCD and a perfectionist, I really go nuts with the stuff I have. LOL
Tony ^_^
Funny you should mention that. That seems to be another shared trait.  |
|
Valued Member
United States
382 Posts |
Well, I manage to drive everyone else nuts, but it keeps me happy. Like my father taught me, a place for everything and everything in it's place. Now there's somehting I took literally! Too literally! Tony ^_^ |
|
Forum Mom
United States
5877 Posts |
I was a lot more like that before I had kids. Then, it was either adapt or go crazy. |
|
Pillar of the Community
 United States
5953 Posts |
A Deal is where both seller and buyer agree on a price. Both parties may or maynot be happy with the outcome. Therefore any coin purchase is a "deal" just my Two Cents worth. |
|
Valued Member
United States
382 Posts |
It is almost like when my son asked me if we live in the "middle-class", I told him, "Sure we're middle-class...I make a dollar more than somebody else, and somebody else makes a dollar more than me."
A deal to one may not be to another. Also, I have bought coins for a good dollar years ago that was pretty much (at the time) "fairly" priced, but today, those very coins look like great deals!
|
|
Pillar of the Community
United States
1247 Posts |
I think it depends on what your collecting at the moment and the conditions that your collecting under. Right now I'm collecting military tokens, so a deal to me is just finding what I'm looking for whether it's retail or not. Back in the middle 80's a deal to me was just getting what a seller said a coin graded at. And that only happened about 25% of the time and never at whole sale. One time and one time only a seller sent me and AU58 that was Unc and even today is in an old ANACS as a MS62. This happend shortly after the ANA adopted the AU58 grade and I suppose the dealer saw something that wasn't really there and it called AU58. I really doubt that such things happen often. I think in most cases if you just get what you paid for and for what you really want rather than some "alternate" that you really don't want, your doing well. Edited by longnine009
02/08/2005 8:02 pm
|
|
Pillar of the Community
United States
867 Posts |
If you find something you like, you can afford it, and you'll get enjoyment out of having it- then it's a deal!  What is it about coin collectors and OCD? I seem to think I have a bit of that myself. I go nuts on my co-workers if they move anything on my desk.  Rachel [:p] |
|
Page 2 of 2
|
Replies: 21 / Views: 3,996 |
Page 2 of 2
|
First Page
Posted 02/04/2005 09:50 am
