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Do You Collect For Quantity Or Quality?

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tdreiling's Avatar
United States
77 Posts
 Posted 04/09/2014  3:36 pm Show Profile   Bookmark this topic Add tdreiling to your friends list Get a Link to this Message Number of Subscribers
Let's say you have $100 to spend on coins. Are you the type that buys 1 nice coin for $100, or as many worn wheaties as you can get? Why? Just a new collector curious to know the opinion of others.
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Tom Goodheart's Avatar
United Kingdom
856 Posts
 Posted 04/09/2014  4:03 pm  Show Profile   Bookmark this reply Add Tom Goodheart to your friends list Get a Link to this Reply
One coin for me. Though $100 won't go very far for what I collect.

Basically I realised that I enjoy better condition coins more. Even rarities I've bought, the poorer coins just don't give me the pleasure that they once did. So now I generally hold out for nicer. Though it's not quite as much fun buying half a dozen coins a year as it was when packages kept arriving in the post every few days!
Edited by Tom Goodheart
04/09/2014 4:32 pm
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Domain555's Avatar
United States
1804 Posts
 Posted 04/09/2014  4:05 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply

Quote:
Let's say you have $100 to spend on coins. Are you the type that buys 1 nice coin for $100, or as many worn wheaties as you can get? Why? Just a new collector curious to know the opinion of others.


I collect Eisenhower dollars.

For me it would be 100 Ikes, at FACE

In the past, I have been able to get them by the bag. Bags coming a little slowly these days.

Looking for Errors, Type (1) 1976, and 1972 (P). And of course any (Hopefully) MS-?

Having reasonably good luck on Error coins. Got a small amount of Lamination, and Missing & Partial CLAD Layers, at a LCD last month. Paid a $.10 premium for those.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 04/09/2014  4:27 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
I collect for quality and what I find interesting.
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Tbone's Avatar
United States
1839 Posts
 Posted 04/09/2014  4:37 pm  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply
Quality over quantity all the way for me.
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matthewvincent's Avatar
United States
3486 Posts
 Posted 04/09/2014  4:46 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
At my level of sophistication, quality.
Even a beginner should learn why obtaining nice pieces pays off in the long term.
(Even though it hurts at the time of purchase.)
One does not regret spending for a nice coin and one is never sorry for having done do.
If I were advising you, td, it would be: [given $100]
1 coin for $50
2 coins at $20 each
$10 for digging through the bargain boxes.

For a beginner, both a wise investment and just plain fun!
The best of both worlds.
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panzaldi's Avatar
United States
18641 Posts
 Posted 04/09/2014  8:22 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
I always buy for quality. I have my list of needs and look for the highest grade I can for my budget. I'll sometimes save for a year just to buy one coin. I am not in a hurry to fill all the holes
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persistnt's Avatar
Canada
726 Posts
 Posted 04/09/2014  8:42 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
Me ,,,probably get 8 to 10 coins maybe even 15 for a Hundred bucks ........
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keepcalmandcoinon's Avatar
United States
865 Posts
 Posted 04/09/2014  8:44 pm  Show Profile   Bookmark this reply Add keepcalmandcoinon to your friends list Get a Link to this Reply
Definately quality. I enjoy the scarcer and oddball type stuff you usually don't see so sometimes I can't afford it but I'm always looking for deals on those types of coins.
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NathanASE's Avatar
United States
1511 Posts
 Posted 04/09/2014  8:48 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
I'm in for the "quality" vote as well. Though honestly with specifically $100, I'd probably save for a while longer, lol.

Though I do also collect circulation sets/folders as well... But obviously those are free.
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 04/09/2014  9:06 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
A bit of both. As I put together my U.S. coin type set, I have to gather up 100+ coins. What makes that more difficult is all in PCGS holders.

I got the tough things first, like Bust dollars and the likes, so mostly I have the moderns and the golds left.
I have to get a Zincoln, the new Jefferson design, and all other modern hoo-ha that I'm not interested in. That's nearly 30 coins for what I consider modern (also adding the different varieties of 2009 Zincolns, ASE, State Quarter, ATB Quarter, more)
So at this point it is quantity. It's hard to buy quality moderns
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jayman1970's Avatar
United States
274 Posts
 Posted 04/09/2014  9:12 pm  Show Profile   Bookmark this reply Add jayman1970 to your friends list Get a Link to this Reply
When I first started collecting coins it was definitely quantity over quality. Over the years my collecting habits changed, now I collect Bust quarters in XF-AU range. At this point it is more about quality and I only purchase a few of these a year, and maybe one or two of other series that catch my eye!
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 04/09/2014  9:14 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
jayman1970, I think this is the case for most people. It definitely was for me.
Bedrock of the Community
United States
20753 Posts
 Posted 04/09/2014  9:44 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Both. I like certain coins such as Mercury dimes so I sort of collect as many as possible. It really depends on the coin. I dislike Jefferson nickels so only have about 6 Albums of those.
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ExoGuy's Avatar
United States
4415 Posts
 Posted 04/09/2014  9:48 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Quality can translate to condition, rarity, historical interest and other forms of special appeal for a given collector. IMHO, those who "collect" by "virtue" of quantity are more likely to be investors and/or accumulators ... dare I say hoarders? I don't mean this to sound negative ... more simply put, a matter of style.

I once bought a coin collection, the majority of which was 1960-90's mint and proof coins that I did not want. I had to buy it so as to acquire a Civil War era collection that the seller had. My point herein is that it's not always simple to separate quality from quantity. Then too, if I see a quantity of coins that is offered well below market value, I'll buy it. In the long run though, I seek coins and tokens that I find to be of historic interest and have a story to tell.
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Joe2007's Avatar
United States
3843 Posts
 Posted 04/10/2014  12:02 am  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
It doesn't have to be just quality or quantity. You can allocate most of your coin budget to a few choice higher end coins while still collecting some inexpensive stuff on the side.
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