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How Much Do You Spend On Coins Per Month?

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Pillar of the Community
Belgium
2078 Posts
 Posted 12/03/2006  08:49 am  Show Profile   Bookmark this reply Add ageka to your friends list
quote:
Originally posted by crystalk64

Well I used to spend tons of money, prior to my losing a job of 28 years, so now instead of buying everything that suited my fancy I must concentrate on specific coins and go from there! Money is NOT abundant at this time so I go with what I got and, with a little trading, I remain in the hobby. Today (YES TODAY) I brought home 3 Buffalo nickels which cost me $112.00, two 2006 proof Jefferson nickels at $3.00 each and a Buffalo Silver Round for 14.00. That pretty much wiped me out for a while!!!



Like many here I used to spend freely untill I was fired in 1996 a first time and end 2000 a second time
Now I am a temp
Pillar of the Community
United States
986 Posts
 Posted 12/03/2006  09:20 am  Show Profile   Bookmark this reply Add fengk to your friends list
It really varies for me. In October, I think I may have spent close to $250 on coins, just because there was a big show and lots of coins that I liked. Normally, it's around $50 to $100, although I'm looking to go on a big spending spree in March if I can convince my parents to take me to the ANA show in Charlotte. The months that I spend a lot usually follow months when I spend a little, so it equals out in the long run.
Member
United States
3242 Posts
 Posted 12/03/2006  10:57 am  Show Profile   Bookmark this reply Add amac44 to your friends list
In Coin World pg#92 this week they list how much it would have cost you if you had payed for all sets& coins for 2006 from the US MINT offered.
It would have cost you $14,804 for all gold ,silver & platinum coins
WoW
Pillar of the Community
United States
1327 Posts
 Posted 12/03/2006  11:37 am  Show Profile   Bookmark this reply Add djluster to your friends list
I picked 20-50 dollar range since that is what my budget allows right now. But when I first started but my amount was much higher the begining of this year but I think I spent more then I should have since it hurt the household buget but I have learned to control my self alittle more. It is very easy to get caried away when you first start collecting and that is what happened to me and now I have to put my self on a smaller budget to make sure all household bill get paid before coins. Plus with 3 young kid all under 5 most of my coin money goes to them. I hope one day I can have a 500-1000 a month coin budget if I want it but not at this time.
Pillar of the Community
United States
533 Posts
 Posted 12/03/2006  11:41 am  Show Profile   Bookmark this reply Add jcook54 to your friends list
One hundred dollars with the occasional splurge into the several hundred range. Usually if I have my eye on something more expensive, I try to go conservative with money in the month before I make the purchase.
Pillar of the Community
United States
7123 Posts
 Posted 12/03/2006  12:17 pm  Show Profile   Bookmark this reply Add Metalman to your friends list
I have a small bank account that I deposit small sums in as I can,, this account is specifically for coins, If I want something special then it may take a few months of saving to purchase it or it may take a few weeks. It never fails that once I buy one coin another is in sight and the cycle continues.


Rick
Valued Member
United States
393 Posts
 Posted 12/03/2006  1:05 pm  Show Profile   Bookmark this reply Add tnwalker10 to your friends list
I intend to spend about $100 each month in 2007.
Valued Member
United States
455 Posts
 Posted 12/03/2006  1:47 pm  Show Profile   Bookmark this reply Add TSmith3510 to your friends list
My monthly coin purchases depend on my mood. I don't have a fixed amount I spend. When I'm not busy enough and feel like I need a charge, I'll go online and order some stuff. Lately I've been dropping too much cash. If I had the discipline (and I don't) I would limit purchases to around $300 per month.
Pillar of the Community
Egypt
3470 Posts
 Posted 12/03/2006  4:22 pm  Show Profile   Bookmark this reply Add EgCollector to your friends list
It varies from one month to another specially if I sell some I use this money to buy another coins.

An average of 30$ per month is enough for me
New Member
United States
3 Posts
 Posted 12/26/2006  10:23 pm  Show Profile   Bookmark this reply Add thecattnextdoor to your friends list
i try n put $200, in to savings in the bank ,an about $600 a month in to great coin buying,..as the 401k retirement plans these days are full of to many risks,an great coins and gold seems to keep a great pace!,so others can buy stocks,i feel safe in collecting coins(of the u.s.)
Pillar of the Community
United States
1767 Posts
 Posted 12/27/2006  12:42 am  Show Profile   Bookmark this reply Add Mila_cent to your friends list
quote:
Originally posted by laxmaster92

0.1-20$
Just dont have enough money to be buying expensive coins. I rely on circulation and the help of alot of people from this forum!


***************************
I'm with laxmaster92.
I try to keep my spending below $20. Living on a fixed income doesn't give me much choice.
Most of my collection consist of circulated coins, as long as the dates are visiable and I can fill the slots in the albums, few are purchased if it's a priced I can afford.
Edited by Mila_cent
12/27/2006 12:44 am
Pillar of the Community
United States
4589 Posts
 Posted 12/27/2006  02:00 am  Show Profile   Bookmark this reply Add scoutjim99 to your friends list
As I agree with many of you, I may go without spending anything for a few months to maybe a $1000.00 In a day but that, is an extreme, extreme case. I cant even predict my self, If the money is there and something catches my eye, I will Buy it. With In reason of course
Pillar of the Community
United States
1626 Posts
 Posted 12/28/2006  12:47 am  Show Profile   Bookmark this reply Add Tpatna to your friends list
For the most part of 2006 I was in the 250 to 500 area, but for the last few months I am spending about 100 to 200.
Member
United States
3242 Posts
 Posted 12/28/2006  07:10 am  Show Profile   Bookmark this reply Add amac44 to your friends list
I spend about 80.00 per month but I also sell about 175-450.00 a mouth so it balances out
Pillar of the Community
United States
1703 Posts
 Posted 12/28/2006  07:59 am  Show Profile   Bookmark this reply Add TLS5933 to your friends list
quote:
Originally posted by ChristinaM

I usually spend $500 to $1000 per month. Some months that could be 50 coins and some months it could be one.




Same with me,could be one coin or 20.
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