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Navaho Weavings And Coins? Interesting Conversation.

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Prethen's Avatar
United States
3233 Posts
 Posted 09/10/2007  12:11 pm Show Profile   Bookmark this topic Add Prethen to your friends list Get a Link to this Message Number of Subscribers
I had an interesting conversation with a guy that collects Navaho weavings and it actually relates to coin collecting. He stated when he first started collecting them, with minimal knowledge, he found a lot that he liked and the prices were reasonable. Once he started really learning about them, he discovered things like how much a tighter weave makes a difference in the quality (and price) and how "authentic" it is if it has a "spirit line". Now, armed with this knowledge, the his hobby got a lot more expensive and challenging.

I'm sure this relates to virtually any collecting hobby. Knowledge is king. Once you start understanding what you collect, you'll never view your collection the same again. Hence, what's not a problem coin to you today, will likely become one tomorrow. And, of course, finding those nice, original, eye-appealing, problem free coins is quite challenging and could be a bit more expensive.
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 09/10/2007  12:26 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
It may be harder & more expensive to find nice, original, eye-appealing, problem free coins, but it's worth the extra effort. Over the last few months I have sold off most of my common date, low grade coins, & used the money to buy "better" coins. I don't have anywhere near the quantity that I used to have, but quality has gone way up.

There are 2 advantages(IMO) to doing this. First, the "better" coins will always outperform common coins in terms of holding, or increasing, value. Second, I have found that I enjoy my coins a lot more now. I get a lot more enjoyment out of looking at my 1864 AU 2 cent piece than I did out of the several silver halves(that were only worth bullion value) I traded for it.
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nohope587's Avatar
United States
5953 Posts
 Posted 09/10/2007  12:36 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
Don't remind me.... I still don't know what I was thinking.... I am glad however that it has gone to a good home and will not have to spend any more time locked away in my cataloged 2 Cent folder
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