Do You Care What Your Coins Are Worth?

I have posted on this thread before but I wish to organize my perspective in a different manner:

I put a lot of information on the 2x2s that I put my coins in. This includes: year, denomination, country (if foreign), Actual silver weight in grams (if silver), silver % composition, and grade/designation (or details grade if applicable)

However, not ONE of the things I EVER write on a coin flip is its value. Simply put, there are two reasons:

1. Value changes all the time based on natural laws of economics
2. There is both dealer bid and dealer ask price. Which one should you even put? Of course, the more of a market the coin has, the lesser the difference, but there undoubtedly exists. This is especially relevant to foreign coins that I collect, as the market size on a particular foreign coin is virtually 0 so the retail and wholesale prices vary wildly.

Not really. If the choice is between a circulated but good looking coin or a mint state coin, I prefer the circulated one. It's nice to know that the coins at least got to live a little. That circulated coins are not worth as much (less expensive to buy) is a nice bonus. :)

Lets say I have an 1890H 50 cent coin, when I look at that coin I'm like "Cool, that coin was how a 50 cent coin looked in 1890" and because of inflation was more like the equivalent of a $10 or $20 bill.

My opinion is also that


I think I have mentioned this here before but the grades of coins I like range from VF-AU but my favourite one would be VF-35, right in the middle.

After I buy a coin and get it over with I don't need to worry about that ones price anymore, I too only have a rough guess on my collections actual "financial" value and for how important they are to me I don't even care. Even though most of them I have bought just in the last couple of years, for the fact that my coins are spending the rest of my life with me and my overall interest in them and the hobby itself they have became sentimental and will be even more once someone related to me gets them in a century.

Not only can I tell you what I paid for most of my coins but I can also recall how I got them, where I got them and things like that.

I don't care about what they are worth but I cant ignore it, what that means is that I still take very good care of them sense they are rare, discontinued, old, valuable and things like that but owning a coin only for what it is worth takes the fun out of actually collecting.