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 Replies: 20 / Views: 2,736 |
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Valued Member
Guatemala
357 Posts |
If you truly like the coin, and have the resources, is there such a thing as too much?
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Moderator
 United States
23522 Posts |
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If you truly like the coin, and have the resources, is there such a thing as too much? No, not at all. Fortunately for me, I don't have the resources (  ), so at about $100 I come to a screeching halt. |
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Pillar of the Community
United States
2661 Posts |
Well that depends on the coin. For a $2.50 piece I'll pay in the $300-$400 range. A Franklin half, I can still get those for around $5-$7 still (at the pawn shop when they have them), and anywhere from $13- $59 for a half oz Australian Lunar for the wifey. |
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Pillar of the Community
United States
3592 Posts |
I'm with carl on this one when it comes to my collection.I like to get as close to FV as possible. I honestly don't have more than $50 in my early lincoln collection and need only the 14-d and 22-p. When it comes to resale, then everything is fair game if I can make a buck. And that's how I picked up my keys too, buying collections then reselling what I didn't need.My merc dimes are missing only the 16-d...the rest were bought at melt. To me it's the challenge...not just owning.
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Moderator
United States
189117 Posts |
Ken did give reason to exempt the key dates. The point, I think, is to declare what your barrier price for normal purchases. I said "More than $100" which I have done exactly twice, for the 1909-S and 1931-S Lincoln Cents (both may be considered key dates, but I think of them as semi-key). When spending less that $100, I seldom think twice (for example, my recently purchased 1827 CBHD). But when it is more than $100, it adds some time to the transaction. I spent several minutes (well past the point when I decided that it was the coin I wanted) convincing myself to pull out the cash for each of those Lincoln cents!  |
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Pillar of the Community
 United States
4085 Posts |
Yes, jbuck - you stated it perfectly - the "barrier" price for normal purchases - that's exactly what I was asking!
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Pillar of the Community
United States
1304 Posts |
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Throughout my collecting I've never paid over $250, so that's what I chose. I choose the same thing as that is the most I have spent so far on a single coin. I just try to buy the best that I can afford. |
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Pillar of the Community
United States
4989 Posts |
The most I have paid was $1,000 for an 1889-CC in VF-30 (PCGS) and $625 for a 1921 Peace dollar MS-64 (NGC). If I spot a deal, I'd probably go as high as about $5,000. Edited by fenton
01/08/2011 10:56 am
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Pillar of the Community
United States
8904 Posts |
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It totally depends on the coin. I seriously can't choose a number for you. If it's the last one to fill out the Dansco... Almost no price is too high!! (Until the wife looks at the checking account!)  |
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Pillar of the Community
 Canada
9865 Posts |
If we're talking spur of the moment impulse buy,$10 without hesitation.
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Valued Member
Philippines
386 Posts |
I guess any amount that could exceed the price of a Gold Rolex Daytona is already too much. Because buying the aforementioned watch for me, is already at its peak, and might as well go and settle for the two tones.
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Moderator
Australia
16844 Posts |
I'm always happier buying a hundred 10-dollar coins, than one $1000 coin, but if I "need" a certain coin and I have the money to spare, $1000 is my limit.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
4989 Posts |
Got to love Rolex - only investment that is worth only 40% of the purchase price 1 minute after you buy it.
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Valued Member
Canada
54 Posts |
There are some nice greek gold I would love,but they be $3000 UP.Oh well...
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Pillar of the Community
Australia
652 Posts |
I've paid $2,000 for 1 coin. If push come to shove, I would have think hard before spending more. An absolute limit this time of life would be $5,000
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Replies: 20 / Views: 2,736 |
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First Page
Posted 01/07/2011 12:42 am
