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Replies: 71 / Views: 8,907 |
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Bedrock of the Community
United States
11951 Posts |
I am curious what other collectors think is a large collection. What makes you say wow .. that is a nice group of coins. I go from thinking I have a nice collection... to maybe just a good start. I try to go from accumulation to collecting, but I seem to fall back to buying bullion silver .. and State Quarters. I am very impressed by some members collections .. those that have many nice 19th century coins .. Moe's Seated and CBH coins and JustCarls Mercury dime and Lincoln cents are are collection I think any would be proud to own. Not sure how to even rate what a large collection is .. By dollar amount .. maybe 5K ... 10K ... 25K ... I am sure there are a few members that have 50K to 100K+ in coins. Or maybe number of coins .. how many thousands would it take to make a big collection. Of course 5000 Lincoln circulated wheat cents would not be as impressive as say .. 1500 Morgan dollars ..
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Moderator
 United States
23522 Posts |
That's kind of situational; I'd think differently of someone who collected with bullion value as a consideration, of course, than I would an Early copper specialist.
Either way, someone who could boast of 500 "keeper" pieces in their collection, of any type, would impress me. It's a lot of effort however you get there.
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Bedrock of the Community
Australia
21786 Posts |
To determine what you consider what a 'large' collection should be is a bit like considering someone else's wealth. I have what is probably what would be the World's largest collection of square coins by type, but most collectors would show little interest.
I have a collecion of about 100 U.S. silver dimes, which for me, is quite large, nevertheless I'll bet there are a large number of U.S. collectors that would reckon my collection small against the size of theirs, and I would agree.
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Pillar of the Community
Australia
4411 Posts |
I think it is very variable as others have suggested. I think it depends on what the collectors goals are.
It depends on the scarcity and value of the denomination/type they are collecting. I would say that if you decided on a type of coin that can be collected for an average of $50 a coin then 100 might be considered a decent collection. If the coins cost $5000 each and you have 10 I would say that was a bid collection. If they have little value above face then you might be looking at the thousands to have a big collection.
For me it seems to come back to a monetary value but I'm sure this is shallow. At the end of the day a collection can be small to one person who has no interest or knowledge of that coin type whilst it is huge to someone who does have the knowledge and can appreciate it.
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Valued Member
United States
309 Posts |
I agree that it depends on your perspective of collecting. Sometimes I just feel like picking up a couple of nice bullion peices and sometimes I feel like grabbing a nice colletible or two. It changes day to day or week to week. But either way I'm picky enough so that later I don't look at a coin and think "I wish I would have got something else". Of course there have been a few times that later I realized I could have gotten a nicer peice for the same price or less...that's the learning curve. 
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Valued Member
United States
259 Posts |
I recall Sap said he had like 8,000 coins or so. I consider that a real big collection. Now I have 5,000 wheat cents in two big bags in the garage. I don't even count that as "5,000 coins" -- just two bags of (searched) wheat cents. My proper collection is around 950 coins at the moment, and I plan to level off at about 1,000. Quality over quantity from now on.
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Pillar of the Community
United States
7840 Posts |
When I finish my 7070, I will have accomplished something major, a goal that I have had for thirty plus years. I really don't need more than one of each major type, unless I am going to use it to feed my appetite to improve my collection through it's sale. "Large" like beauty, is in the eye of the beholder. 
Edited by oih82w8 04/23/2012 8:09 pm
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Pillar of the Community
Canada
1554 Posts |
 In this Hobby it comes down to Quality and not Quantity, after all it is The Hobby of Kings! Glenn 
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Bedrock of the Community
United States
10284 Posts |
A large ( probably too large ) collection is one that you probably know whether you have a particular coin in it or not but it is sometimes pretty inconvenient to go look at it. A hoard is where one has no idea anymore what they have or where to find anything if they wanted to. 
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Bedrock of the Community
United States
20753 Posts |
Quote:Of course 5000 Lincoln circulated wheat cents would not be as impressive as say .. 1500 Morgan dollars .. As usual, depends. What if those 5,000 Pennies were all dated 09S, 10S, 11S, etc. And the Morgans were all just common, worn, dented, scratched coins. In that pile of Cents were a roll of 1909S VDB's. As to a large collection, that is entirely up to the individual. I don't think my collection is large, just big. And when I see some of the dealers at coin shows with several tables of coins, my collection sort of schrinks. One dealer I know at coin shows was explaining to me that without virtually hundreds of thousands of coins in his inventory, he would feel like he needs more. Naturally he also has a coin store. He usually has 4 of more tables of coins at every show. Now that is large. I have, for example, about 3,000+ Mercury dimes but I've met many collectors with triple that. In that mess is 12 completed Albums of them, yet is that large? A large collection of anything is just a lot of stuff except to those doing the accumulations. If I were to add up all the coins in my collection, it would probably scare me into stopping collecting. At one coin show everyone was talking about a sort of famous dealer there. He had several tables of Large Cents. Almost all in fantastically high grades. Not what most would say is a large or massive quantity but worth many millions anyway. So what is large to some is average or even small to others.
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Pillar of the Community
United States
2541 Posts |
I'm thinking I'd rather have 25 REALLY NICE coins than 1500 coins where 1400+ are mediocre or junk silver....
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Moderator
 Australia
16827 Posts |
Quote: I recall Sap said he had like 8,000 coins or so. I consider that a real big collection. That was a while ago. I'm afraid 'tis over 10,000 coins now.  Quote: Not sure how to even rate what a large collection is .. By dollar amount .. maybe... I would interpret "large" simply as a quantity, not in terms of value or any other parameter. The adjective to use for a collection consisting of a small number of high-value coins is "valuable", not "large". In my mind, for a true collector, the key thing with their collection is not really how "large", "valuable" or "complete" it is, but how much enjoyment they're getting out of it.
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
3294 Posts |
A large collection is smaller then a horde, but larger then a small collection :)
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Bedrock of the Community
 United States
11951 Posts |
Some very good responses so far. After reading over them a few times, maybe what I was really looking for would be " what would make a collection impressive to other collectors" I like Super Dave's idea of 500 keepers .. of course a keeper would be different for everyone, but I think I know what he means .. Quote: Quality over quantity glenz1 and chasinva69 .. are saying about the say thing. oih82w8 is also along the same line of thought .. set your collecting goal .. then keep working to make it better.
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Valued Member
United States
309 Posts |
I like that "how much enjoyment they are getting out of it".
That's what really matters.
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Moderator
 United States
16679 Posts |
As glenzy1 stated, I base it on quality vs. quantity. I have a fairly sizeable collection but only a third of that, I would call quality. I am constantly upgrading for much better, scarcer coins.
swcoin.ecrater.com
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Replies: 71 / Views: 8,907 |