| Author |
Replies: 18 / Views: 3,341 |
|
Valued Member
Canada
62 Posts |
I was asked the other day about what would be a good mix or ratio for someone to consider when starting a coin collection . my own is about 90 % Canadian , 5 % American and 5 % world coins . What might be other considerations or ratio's to consider when collecting ? , I also realize that the are collectors for purely interest and those who do it as an investment . Thanks for your consideration of this topic .
|
|
|
|
Valued Member
Canada
99 Posts |
In my case it is 100% Canadian. That is what interests me so that is what I collect. Ultimately it is what interests you is what you should collect so whatever that breakdown is. I personally just have no interest in US or world coinage.
|
|
Pillar of the Community
Canada
1823 Posts |
 My collection is 99% canadian coins paper money, some eagles, pandas, koalas.
Edited by yingyang 02/14/2014 09:13 am
|
|
New Member
United States
27 Posts |
Im American so my collection is predominantly American coins id say 70% with 10% Canadian and 20 % world
|
|
Pillar of the Community
Canada
2366 Posts |
I primarily focus on Canadian (about 20 binders) but I also have a binder each for the Lasqueti Mint (just because it's so cool), UK (I was born there), US (lived there for a year), Australia (started when I inherited my great uncle's 'pocket change' he had kept from being a British soldier in WWII), Germany and the precursor German States (ditto), and one for the rest of the world (I want to complete a set of at least one coin from every country at some point when I'm further along with the Canadian stuff).
|
|
Pillar of the Community
Canada
3049 Posts |
There's really no right or wrong answer.. it all comes down to what YOU like.. some people only do cdn (or country of origin) coins.. some will even specify to a certain denomination.. and some even specify to only certain date ranges for that denomination...
You can make this hobby as broad or as specific as you want....most important thing is to enjoy it..
I would also suggest that you look at this as a hobby... I'm not really sure how many people ever really make a living off of this... sure some good coins their value will go up over a period of time.. but does that price increase exceed the rate of inflation or your basic ROR if you were to put the same amount of money into an index ETF? I would guess for most coins... nope!
So spend what you can afford.. enjoy the hobby and people you meet.. love and give priority to your family... and you'll do just fine...
Ohh and btw.. welcome dave
|
|
Pillar of the Community
Canada
3692 Posts |
Thread's title could be more specific. I say that kindly. But now that I'm here: I go maybe 70% CA, 19% US, 14% MX, 2% Misc/World?
Edited by Libertad 02/14/2014 12:22 pm
|
|
Pillar of the Community
United States
844 Posts |
I'm American. My coin collection is about 50% U.S. and 50% world coins. I may have 20 Canadian coins. Up until a few years ago world coins made up about 90% of my collection. I have since started to attempt complete sets of U.S. coins which is what has brought my collection closer to 50/50.
|
|
Pillar of the Community
United States
1300 Posts |
Im american my collection is 100% american modern coinage aside from two Seated Liberty coins comm's silver proofs clad proofs roll hunt finds star bills off center bills I did get some cadians as I live not far from the border I am not sure what to do with maybe one day I will chase coins of our northern neighbors!
|
|
Valued Member
 Canada
62 Posts |
I have found that my own personal experience is that I prefer coins that have some uniqueness about them such as some of the wonderful coins of the New Zealand Mint and the NIUE coins as part of my world items and I try to purchase silver coins as they have a beautiful look when viewed under a bright light . I hope too see the RCM follow some of ideas of these mints as they are truly nice coins and interesting ideas .Below are a few such coins , my only regret is that I started collecting late in life ( I,m 54 and started 3 years ago and it seems every year the coins just get better and better ) . 2014 NIUE Love is Precious- Wedding Anniversary Valentines 1oz .999 SILVER COIN http://www.ebay.com/itm/2014-NIUE-L...em338a59adfdNiue 2013 1$ Love Tree. Proof Silver Coin http://www.topworldcoins.com/niue-2...-silver-coinBULGARIAN ROSE 1oz Silver Proof Coin 2$ Niue 2010 http://www.powercoin.it/lang-en/new...ue-2010.html
|
|
Pillar of the Community
United States
4233 Posts |
I can't imagine starting from scratch as a new collector and trying to decide what to collect or what the ratio should be. Mine is probably 50% Canadian, 25% US, 25% other world coins. I got into Canadian because I happened to get some fairly high-value coins from my grandfather as a kid, and I started filling in holes, mainly George VI. Lately I've been picking up Thai coins because my spouse is Thai and I got a few from her late father. Also picking up some silver when I see a good deal on something less known, because I love big silver. But like I said I can't imagine starting fresh without some anchor coins to expand from.
|
|
Pillar of the Community
United States
898 Posts |
My collection is 95+% american because I like seeing the history of my own currency. I have a handful of world coins but do not care for them too much. I am slowly going to attempt to open up to collecting more Canadian coins. Its really what interests you.
|
|
Bedrock of the Community
Canada
11922 Posts |
My collection is probably around 46% world, 44% Canadian, and 10% American.
|
|
Pillar of the Community
Canada
726 Posts |
 I am a Canadian - I guess 70% Can,15 %USA, 10 %world, 5% Brit, .............As yu can tell I love coins and tokens...  Great topic by the way.... 
Edited by persistnt 02/14/2014 7:49 pm
|
|
Pillar of the Community
United States
593 Posts |
I probably have about 50-50 US and Canadian.
Plus a bunch of older foreign from many different countries. Mostly British obsolete starting with a 1797 cartwheel and farthings my grandpa brought from England as a boy in the 1880`s. If it looks good or interesting I save it
|
|
Valued Member
Canada
158 Posts |
I'm probably 70% canadian, 20% American, 10% world........world being pandas, kookaburras, kangaroos, Britannia's, etc. I have no interest in circulating world coinage, strictly bullion. American coins I will only collect if graded, and I love the old Morgans.....if anyone has a couple CC's kicking around they want to donate to my safe I'd gladly take them lol. Canadian coins I'm trying to get one of each coin in MS condition.....big hill to climb for sure.
|
| |
Replies: 18 / Views: 3,341 |