Coin Community Family of Web Sites
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?

Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Price Threshold Of Pain

Next Page | Last 15 Replies
 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 32 / Views: 1,387Next Topic
Page: of 3
Pillar of the Community

United States
3514 Posts
 Posted 06/02/2020  8:42 pm Show Profile   Bookmark this topic Add jimbucks to your friends list Get a Link to this Message
Poll Question
At what price point is your "Threshold of Pain" exceeded when it comes to a coin purchase?

Poll Choices
 $100
 $500
 $1000
 $2500
 $5000
 $10000
 $25000
 $100000
 >$100000

Pillar of the Community
Learn More...
United States
8844 Posts
 Posted 06/02/2020  8:48 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
Voted $100.00
Actually it is less than $100.00 for me. Probably start hurting at $35.00.
But it depends on the coin, if it's a steal of a deal, no pain I feel.
I only recall buying a couple over $500.00 and they were gold.
My favorite album!
Image hosting is provided by CCF. Thank you for your generosity!
World's Fair Exposition Medals and Tickets
http://www.coincommunity.org/galler...p?album=2020
Pillar of the Community
Learn More...
United States
4168 Posts
 Posted 06/02/2020  8:54 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I'd say around $1,000 is my limit, a few purchases I made is still what is called sleeper's.

The Mercury Dimes Specialist!
Current project: US Dansco 7070 Album
Buy & Trade list
Pillar of the Community
United States
4038 Posts
 Posted 06/02/2020  9:03 pm  Show Profile   Bookmark this reply Add CoinHunter27 to your friends list Get a Link to this Reply
I voted $100 but I normally don't go over $30. I'm most comfortable cherry-picking around $15-$20. That way I don't break the bank trying to find a nice variety.

-CH27
"Time is the coin of life. Only you can determine how it will be spent" -Carl Sandburg

Collector of Varieties and Errors of all kinds

Pillar of the Community
United States
7107 Posts
 Posted 06/02/2020  9:05 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
I try to keep each type coin under 1k, but for some types if you want a suitable example you'll have to spend 2-3k
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
Valued Member
United States
364 Posts
 Posted 06/02/2020  9:08 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
I can't answer that. It really depends on the coin. Is your pain point going to be $25,000 for a
1927-D $20 in mint state?
Valued Member
United States
350 Posts
 Posted 06/02/2020  9:18 pm  Show Profile   Bookmark this reply Add DeputyMax to your friends list Get a Link to this Reply
I said $500.00 because that's close to the most I've ever paid for a coin, but since I retired my limit has gone down dramatically, to less than $100.00.
I never met a man I didn't like - Will Rogers
I never met a half dollar I didn't like - DeputyMax
Pillar of the Community
United States
1987 Posts
 Posted 06/02/2020  10:06 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
My most expensive coin was my 1909 S VDB at over $700, other than that one, all have been under $500. I will state that after $200, I start considering a lower grade.
Pillar of the Community
United States
3280 Posts
 Posted 06/02/2020  11:52 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
Grapes stated my view, it depends on what you are going after. However for "everyday" purchases anything around $300.
Bedrock of the Community
Learn More...
United States
13615 Posts
 Posted 06/03/2020  09:18 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Hmm ,I didn't see a $5 category so I have to opted out of this one .
Proud Member of The Black Sheep Squadron !
Pillar of the Community
United States
4726 Posts
 Posted 06/03/2020  09:48 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Through research I decide how much I think a coin is worth.
Anything above that causes me pain and it would be unusual for me to pay a higher price.

So my pain level is on a case-by-case basis.

There is one higher level called "no way can I afford that".
No pain involved there.
Describe it as if there were no picture.
Picture it as if there were no description.
Bedrock of the Community
United States
16657 Posts
 Posted 06/03/2020  12:56 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
In general I seldom pay more then $250, but I have half a dozen pieces I have paid $1000 for, one at $2500, and two at $5000. (You don't get chain cents or 1793 caps at $250.)

If you limit the discussion to moderns (the heading of this sub-forum) then under $100.
Gary Schmidt
Edited by Conder101
06/03/2020 12:59 pm
Moderator
Learn More...
United States
87665 Posts
 Posted 06/03/2020  1:39 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I used to say $100, but finishing the Dansco albums has me creeping close to $500. I am sure I will have to test the $1000 limit to finish my Mercury and Lincoln sets.


Quote:
If you limit the discussion to moderns (the heading of this sub-forum) then under $100.
I went just a bit over $100 once for one PCGS Ike.
Valued Member
Canada
479 Posts
 Posted 06/03/2020  1:48 pm  Show Profile   Bookmark this reply Add Cdncoins to your friends list Get a Link to this Reply
I am in a similar spot as Jbuck. For the most part it is under $100, with some exceptions. I have a few key dates left that will mean loosening the wallet to acquire.
Valued Member
Canada
474 Posts
 Posted 06/03/2020  2:09 pm  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply
I voted $500 to reflect my current feelings, but since I plan on (hopefully) being a big name numismatics dealer someday, that number is subject to change lol.
Pillar of the Community
United States
854 Posts
 Posted 06/03/2020  5:20 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
Depends. I'd have a hard time spending over $500 if it's not gold.
Page: of 3 Previous TopicReplies: 32 / Views: 1,387Next Topic  
 
To participate in the forum you must log in or register.

Coin Community Member eBay Sales

Certified Coins   Certified VAMs   Certified Errors  




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 - 2020 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 - 2020 Coin Community Forums
It took 0.78 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05