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Do You Have A Coin Budget ?

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Valued Member
ouzo66's Avatar
United States
60 Posts
 Posted 02/23/2008  1:10 pm  Show Profile   Bookmark this reply Add ouzo66 to your friends list Get a Link to this Reply
I'm in the binge group. Spend a lot one week and then not very much for a while. It depends mostly on when I find something on ebay or have time to go to the coin shop.
Pillar of the Community
1sikevo's Avatar
United States
1130 Posts
 Posted 02/23/2008  1:15 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply
Well, I went a little overboard on my budget.
What started out as a quest for a single gold coin (my Half Eagle)6 months ago is now a monster addiction with enough money spent to almost buy a house in some parts of the country.
Bedrock of the Community
United States
20753 Posts
 Posted 02/23/2008  4:53 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
My budget is simple. I open numerous savings and checking accounts in numerous banks. I have one for each different type of situation and also for special request like rolls of coins I just say yes I have an account here. One of those accounts is for coins only. If it gets to low so that I may have to pay a fine or something, so ends buying coins.
Valued Member
robert18's Avatar
United States
57 Posts
 Posted 02/23/2008  5:42 pm  Show Profile   Bookmark this reply Add robert18 to your friends list Get a Link to this Reply
the $25 a week sounds like a good amount, I think I need to put myself on a budget. lol
Valued Member
GFR3's Avatar
United States
473 Posts
 Posted 02/23/2008  5:44 pm  Show Profile   Bookmark this reply Add GFR3 to your friends list Get a Link to this Reply
I spend a third of the money in my Paypal account. I sell LEGO via the net and bank two-thirds and spend the other third. Doing it this way is real fun because you never know just what you can get. I might get a $300 order or might get a $5 one--you never know.

I used to set aside $50 a pay check but that didn't work to well...i'd spend too much regardless, "borrow" from next pay check, etc etc. I like the LEGO way best!

--Gary
Valued Member
dcarver9183's Avatar
United States
168 Posts
 Posted 02/23/2008  10:15 pm  Show Profile   Bookmark this reply Add dcarver9183 to your friends list Get a Link to this Reply
i don't like being a target...
Valued Member
svtPONY95's Avatar
United States
70 Posts
 Posted 02/23/2008  10:31 pm  Show Profile   Bookmark this reply Add svtPONY95 to your friends list Get a Link to this Reply
I budget about $40 a week but usually save it to buy big purchases !
Pillar of the Community
j_h_s's Avatar
United States
1934 Posts
 Posted 02/24/2008  09:34 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
a what?

Pillar of the Community
jeremymh's Avatar
United States
543 Posts
 Posted 02/24/2008  10:26 am  Show Profile   Bookmark this reply Add jeremymh to your friends list Get a Link to this Reply
I try to utilize about $30 a week for my budget.
Valued Member
Zulu's Avatar
United States
60 Posts
 Posted 02/24/2008  11:30 am  Show Profile   Bookmark this reply Add Zulu to your friends list Get a Link to this Reply
I set aside $15.00 a week. I also put my spare change in a container and cents I do not save from roll searches.
I usaully only get 3 to 5 dollars of cent rolls a week to search. Roll are not included in the budget. I also collect toy soldiers, sometimes it is hard to choose.
Valued Member
gbchaosmaster's Avatar
United States
328 Posts
 Posted 02/24/2008  5:43 pm  Show Profile   Bookmark this reply Add gbchaosmaster to your friends list Get a Link to this Reply
If I had a coin budget like that, I'd be in some major debt.
Valued Member
Rainman's Avatar
United States
294 Posts
 Posted 02/24/2008  6:39 pm  Show Profile   Bookmark this reply Add Rainman to your friends list Get a Link to this Reply
Wow. I'm so surprised that this topic got so many replies .Thanks for all the input .I think after reading some of the replies maybe a moderator could start a new category coin Anonymous .

Seeking:Member for 15 days now and 45 post (not quality) can I use the S word yet .Sell

Rainman
Valued Member
Pennypusher's Avatar
United States
486 Posts
 Posted 02/24/2008  7:05 pm  Show Profile   Bookmark this reply Add Pennypusher to your friends list Get a Link to this Reply
Since I am 16 I do not have to pay living expenses so any money I get I am free to spend it on coins! One week I might buy a slabbed coin for $80. and the next week a few silver bullion coins or some Wheaties for $15. After I bought my prized 1793 Half Cent at the 08 coinshow in Orlando I didn't buy coins for several weeks! Often I will sell coins for a little extra scratch. -PP
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JimR's Avatar
United States
1490 Posts
 Posted 02/24/2008  9:03 pm  Show Profile   Bookmark this reply Add JimR to your friends list Get a Link to this Reply
Well I usually spend $20-$25 per paycheck on Walking Liberty halves or Kennedy silver that I can get off ebay for under the current melt value. I look at this as part of my savings and it also takes care of my coin fix.

Other purchases per week/month vary based on the extra income that I get from my work.
Valued Member
MLFLY's Avatar
United States
130 Posts
 Posted 02/24/2008  9:37 pm  Show Profile   Bookmark this reply Add MLFLY to your friends list Get a Link to this Reply
I save money here and there, occasionally sell things and then sometimes do extra well at work. That money usually goes with me to shows. If I've managed to put more away than I thought I could, then I will fix a show budget. Feeling guilty about going overboard would reduce my enjoyment of the hobby. Plus, taking time to get something of high quality and semi-rare makes the reward that much greater for me.
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