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 Replies: 45 / Views: 5,988 |
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Pillar of the Community
United States
1903 Posts |
Poll Question
I am sure something like this has been done before, but I ask this to get a better feel of the collecting world as a whole. Being on the forum heading towards a year now, I find a discrepancy in the mentality of coin collectors that I never saw in the collector industry I came from. Where I come from people understand that lack of availability is what drives value and makes the hobby a worthwhile investment. In coins I get the sense that people want their coins to increase in value, but at the same time, be easy to get whenever they want them. I am just having a hard time wrapping my brain around why the majority of you collect coins...so here is my poll.......
Why do you collect coins?
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Valued Member
United States
406 Posts |
Quote:
lack of availability is what drives value and makes the hobby a worthwhile investment. I don't pretend to speak for anyone at all other than myself, but as far as I am concerned, lack of availability doesn't make the hobby worthwhile for me at all. What makes the hobby worthwhile for me is the sense of history that's embodied in the coins as well as the sheer simple fun of collecting. I will never sell my collection, therefore I will never make a profit off it. |
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Pillar of the Community
United Kingdom
2868 Posts |
I agree - it's option 3 as I never plan to sell my collection - I hope my son will take it over and add to it. The only financial interest I have is convincing my wife that they aren't expensive to buy at all.... :)
Edited by Bacchus2
03/02/2012 3:49 pm
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New Member
United States
18 Posts |
#3 for me as well. It's kinda sad but I normally collect the coins that are shiny or call out to me :-) Most of my coins that are worth some money for being silver I'm keeping for sentimental value since I got them from my great grandma. I also enjoy thinking of who could of owned those coins in the past.
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Pillar of the Community
United States
5823 Posts |
I buy silver bullion as a long-term investment I hope to profit from someday (or pass on to my son so he can profit).
I buy numismatic coins purely for the joy of owning them and hope I never have to sell them.
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Rest in Peace
United States
4078 Posts |
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The only financial interest I have is convincing my wife that they aren't expensive to buy at all.... :)[  I'm sure a number of us are in the same boat.  Excuse me members of the female gender.  |
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Pillar of the Community
United States
1302 Posts |
Considering most coins bought at retail have a 50% depreciation factor- you have a long way to go before you get your money back.
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Pillar of the Community
United States
1204 Posts |
Right place at right time , congrats !
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Moderator
 United States
187565 Posts |
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I collect them with out any plan of them being more valuable in the future  |
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Pillar of the Community
Australia
7096 Posts |
I didn't vote because you didn't add the choice 4. Just for the sheer fun of it   |
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Pillar of the Community
United States
1653 Posts |
4. It's challenging and very interesting.
5. History!
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Pillar of the Community
527 Posts |
I voted for the first option, but only because I am not a person who believes in get rich quick schemes. I honestly have not decided if I will even sell my collection.
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Moderator
United States
16677 Posts |
First choice for a few but mainly because I really enjoy this hobby and the history each coin breathes :)
swcoin.ecrater.com
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Valued Member
United States
284 Posts |
Barryg I think said it as close to my beliefs as can be. Bullion for investment and coins merely for collecting
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Pillar of the Community
United States
1195 Posts |
I've got 2 ASE's for the fun of their bullion value, the other one and the rest of the purchases and the circulated I have just for the fun of owning them |
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Valued Member
United States
385 Posts |
I only care about finding silver coin and collecting silver bullion, my current finances do not allow me buy numismatics lol, whatever I find thats good goes on ebay which would help accumulate some silver for me. |
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Replies: 45 / Views: 5,988 |
Posted 03/02/2012 3:48 pm
