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Replies: 32 / Views: 4,899 |
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Valued Member
United States
77 Posts |
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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Pillar of the Community
United Kingdom
856 Posts |
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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Pillar of the Community
United States
1804 Posts |
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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Pillar of the Community
United States
8137 Posts |
I collect for quality and what I find interesting.
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Pillar of the Community
United States
1839 Posts |
Quality over quantity all the way for me.
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Pillar of the Community
United States
3486 Posts |
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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Bedrock of the Community
 United States
18641 Posts |
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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Pillar of the Community
Canada
726 Posts |
Me ,,,probably get 8 to 10 coins maybe even 15 for a Hundred bucks ........
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Pillar of the Community
United States
865 Posts |
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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Pillar of the Community
United States
1511 Posts |
 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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Pillar of the Community
United States
1531 Posts |
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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Valued Member
United States
274 Posts |
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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Pillar of the Community
United States
1531 Posts |
jayman1970, I think this is the case for most people. It definitely was for me.
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Bedrock of the Community
United States
20753 Posts |
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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Pillar of the Community
United States
4415 Posts |
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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Pillar of the Community
United States
3843 Posts |
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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Replies: 32 / Views: 4,899 |