Poll: Would You Still Collect?

Well, I collect for the a few reasons. I absolutely love finding nice coins or buying them. I love the challenge collecting brings forth, and its alot of fun filling up just one more hole. I have always been this way, love to complete sets etc... Its a great hobby during the winter when I cannot bass fish :) I have 8 dansco's staring and yelling at me each night to find some more coins to slap in there. One by one, I enjoy it. I am about 8 months into this hobby, and I havent thought for one second that I didnt like it. I know i'll be 85 and collecting.

I always tell my wife that I might be spending money now, but in the long run, I can get it all back if I sell it. You and I both know that that'll never happen, but its nice to know its there if needed. I'm definetely not in it for investing, but at the same time coins keep my interest knowing the value may rise eventually. There are soo many little things with coins that keep my interest.

My collection is far from most of this forums members, but like I said, I'm new and I'm working on your common sets most of you already have. I probably spend around $150-200 a month ebaying etc. I'm never bored thats for sure. I've always loved to read up and research things as well, how perfect is this hobby for me.

I cant wait to see my collection in 40 years. :)

I collect coin for fun and I do sell some too. but coin collecting has been in my family for 2 generation my father hand down his coins to me and when I was young Santa always would bring 4 set 2 mint sets & 2 proof set. then at 10 yr old I was ordering mint&proof sets myself and have done so till this day.
I just hope when my son get the collection he keep the family coin to pass down!

For me it has a lot to do with the hunt and the acquisition. I get excited about putting coins in albums and seeing them finally completed. I have OCD and once I decide I am going to have something I will find it.

Coins are a finite commodity. Mintages determine key dates and hoarding or ignoring low mintage coins determines conditional rarity. There are only so many key date coins to go around. This drives market values (I'm getting to a point here...). We want 1909-S VDB's and 1916-D dimes. Think about if you found a 1945 Mercury dime in the street. That would be very cool but the excitement would diminish. Now, what if it was a 1916-D? Your heart would race, you would check it over and over again, you would post here and there would be a lot of dancing bananas. It's the same piece of metal but it evokes a different response. Value, rarity, condition, etc. play a part in every collectors spirit regardless what they collect or they may otherwise claim. What's the point of collecting something without a challenge.

Just my opinion.

Jim

I think you'd have to be a madman to collect coins only for profit ever...... If your obsession is "money" then it won't matter what the subject is you're collecting ! Eventually the love of the hobby has to reign supreme. You fall in love with certain coins, or you favor certain historical things that the coins can relate to. Of course, I always want "deals" but I'll rarely pay less than what they're worth...... And I DO relish the thought that an ancestor of mine WILL POSSIBLY BE GLEEFULL AT MY ATTEMPTS TO PUT TOGETHER A WORTHWHILE "HOARD" for them........ some will always be valuable and definately grow more so with time.....others very little and maybe even a little less over time. My collection will/does have many many different coins and era's to it. But yeah.......I want there to be some "value" to my collection.....I want my attempts to be "worthwhile" for the future. So in that sense I "do" care about "value" I guess........ But GAWD !! It really is the LOVE of the hobby though !

i like collecting coins because of the coins, although honestly being able to at least get what I paid for them helps me justify the expense, if coins were something that I could never get close to what I paid for them it would be alot harder for me to spend money on it. I view coins as a hobby that "holds" my money, rather than consume it like most hobbies, and I realize coins are a pretty lousy investment, which is why I dont have much money in them.

I opened my safe yesterday and had a nice visit with my coins. My visits always fill me with a sense of accomplishment mixed with a twinge of guilt and remorse. Some of my coins are in need of upgrading and I find it very difficult to tell them that after so many years in my keeping that they will be replaced with a more attractive coin. Coin collecting isn't for serious investors; there is too much emotion involved and it can cloud your judgement!

afernbaugh

I started collecting in the mid-1950's, and profit has never been a consideration. When I'm gone, I hope my collection will be passed on to my kids and grandkids.

My wife enjoys collecting also, but she looks on her coins as an investment which might make her some money when she becomes older.