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snitchard's Avatar
United States
420 Posts
 Posted 05/10/2018  1:18 pm Show Profile   Bookmark this topic Add snitchard to your friends list Get a Link to this Message Number of Subscribers
Hello,

I recently found my way back to collecting and in telling non-collectors I always get some variation of the question - What is the point of coin collecting?

I personally don't collect for any kind of profit or monetary gain, in fact over the last 10 years I have spent more acquiring what I have than it is worth.

My coins are stored in a secure locked cabinet and I rarely look at them after I have put them in the cabinet. I feel that I should look at them more. How often do you look at your coins?

What is the point of coin collecting?
How often do you look at your coins?

Rich
Rich M. - Collector since 2008
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John1's Avatar
United States
56855 Posts
 Posted 05/10/2018  1:29 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
What is the point of coin collecting? For some it is simple enjoyment for the hobby, and for others it is a profit thing.
I am somewhere in the middle.
How often do you look at your coins? I look through my collection/hoard every few years to weed out some of them and to simply enjoy my finds.
Hope that helps you some.
John1
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 05/10/2018  1:33 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
For your first question , I just love collecting coins . I guess part of it is the history behind most of the coins I have as I'm a raw classic collector .
For your 2nd question , I hate to admit that I don't look at them as often as I would like to . Seems like when I buy coins for my albums or loose leaf books is the only time I get to look at some of my coins .
Rest in Peace
Crazyb0's Avatar
10197 Posts
 Posted 05/10/2018  1:40 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Rich, everyone has their own reasons for collections, that's for sure. Many of us just plain enjoy the relaxation we find from looking at/thru coins. I enjoy the completed product of a nice set. I don't have many high dollar coins, those of worth are in a safe, but the rest are in albums, no one else sees, have no interest among family, so just me.

If asked, I toss that same question back, "Why do YOU fish, (play baseball, video games, collect husbands/wives,...). If those who ask are or become offended, they really arent your friends or are looking at pointing out "your faults" as they see them.

I seldom look at many of mine but find venues here at CCF a means to share some now and again with the few who may actually appreciate that time together. The games threads, or just plain braggadocio threads, get me digging to search for just "that" coin. And, its fun to me, so what's it to ya buddy? Is my total attitude.

Edited by Crazyb0
05/10/2018 1:43 pm
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Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 05/10/2018  1:41 pm  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply
Well for Me I am the opposite, most coins in My collection purchased in the last two years (When I started taking this hobby more seriously) I have mostly underpaid but then at the same time My collection is far from organised.

As for why I collect? I'm still trying to figure that one out Myself, as I would guess a lot of collectors are as well. My best guess is (for Myself) that I just find them interesting, the history and the things said coin may have been through.

Another reason could be (again, just referring to Myself here) that numismatics are something I would like to do as a living and also to spread the coin collecting hobby with others.

Sorry if My response is all over the place, but other will probably chime in as well.



Happy collecting.
Bedrock of the Community
United States
20753 Posts
 Posted 05/11/2018  08:24 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
People are sort of like Pack Rats. We collect and store all kinds of things and no one really knows why. And usually people will say it's just a hobby. So what is a hobby? I guess it's a past time thing that just gives you something to do with money you should really be saving for a retirement. There are those people that just don't want anything laying around. I used to know a family that all said if something sits for over 5 years, get rid of it. They had no tools, no old cloths, no collectables of any kind. And then there are those like me that collect anything and everything. A security blanket maybe? NO one really appears to know. One nice thing about coins is unlike other hobbies, you can spend your hobby. Can't do that with Beanie Babies or Hot Wheel cars or those sporting cards.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 05/11/2018  08:43 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I collect all coins, from the invention of coinage 2,600 years ago, until present.
Coins are the 'hardware of history', to which we all can have affordable access to.

If you are interested in U.S. financial, economic and cultural history, then the collection and study of U.S. coins is a good way of making an appropriate statement towards that interest.

My collection is essentially a 'hardware' statement to World financial economic and cultural history of Man, over the last 2,600 years.

That sounds pretty high falutin', doesn't it?
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Collects82's Avatar
United States
1316 Posts
 Posted 05/11/2018  08:52 am  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
I collect because I enjoy the hunt, the beauty of the coins, the history of the coins and the macro history they represent. I appreciate them as symbols of a great story. My collection also has a personal twist, so there a bit of me in them. My collection is a an extension of me and my passions. Hence I think it's FUN!

Most of my collection fits into a couple boxes. I have them out for one reason or another every month or two. Even if I get it out for a practical reason such as inserting a new addition, it's impossible for me to not stop and gawk at my collection for a few minute s. I simply can't avoid that temptation. Too much awesomeness in my hands at that point :p
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chafemasterj's Avatar
United States
6514 Posts
 Posted 05/11/2018  09:21 am  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply

Quote:
Coins are the 'hardware of history'


Great line Sel_69I

I find coin collecting very zen. It's my time. I'm an introvert so some alone time with a bunch of old coins is right up my alley.

The second question's answer is fairly often. I really enjoy the numismatic games on the Forum.

http://goccf.com/t/302056

http://goccf.com/t/294596

These give me a reason to look through stuff to find what I know I have somewhere.
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
Edited by chafemasterj
05/11/2018 09:32 am
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Finn235's Avatar
United States
6130 Posts
 Posted 05/11/2018  09:25 am  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
I've always been fascinated by history. I started out with magpie-like hoarding of shiny things, but I am learning to let go of that all to get focused, using collections to build historical narratives.

I have also found my calling in an obscure field of medieval Indian coinage (my avatar) where I hit the wall in our current knowledge, and have made it my mission to trailblaze to a new understanding.

And "security blanket" certainly applies here - coin collections are by far one of the most liquid things to collect should disaster strike and you need cash fast!
Valued Member
United States
439 Posts
 Posted 05/11/2018  5:48 pm  Show Profile   Bookmark this reply Add TSOTL to your friends list Get a Link to this Reply
I'm just in it to meet women.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 05/11/2018  9:57 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I think you are going to be disappointed.
Far more fellas that collect coins than femme fatales.
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chafemasterj's Avatar
United States
6514 Posts
 Posted 05/12/2018  03:11 am  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply

Quote:
I'm just in it to meet women.


Made me chuckle.
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
Rest in Peace
Crazyb0's Avatar
10197 Posts
 Posted 05/12/2018  04:08 am  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply

Quote:
I'm just in it to meet women.


Classic! Ribald at it's best, deserves a prize!


How-Do-I-Answer-This-Question
Bedrock of the Community
United States
20753 Posts
 Posted 05/15/2018  11:07 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I wonder what people say to those that collect rocks? How about beer can collectors?
Interesting story on TV not long ago. Ever hear that saying "she sells sea shells by the sea shore"? It appears there was a lady once with no income so she collected stuff by the sea shore and sold them. It appeared many of the items she found and sold were olden bones and things that started people knowing about dinosaurs. And she never got famous or rich for her discoveries.
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Wade's Avatar
Canada
2781 Posts
 Posted 05/17/2018  12:52 am  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
I started hoarding coins that I found in the houses I demolished, and once came across a very rare off metal error.
After researching it here, I fell in love with the community as well as the coins.
I sold the error to a member here, and used the funds to finance a real collection (rather than a random hoard).
Since then I came to appreciate the history of each and every piece.

This might sound weird, but after demolishing over 1,000 buildings you can start to feel the 'aura' or 'life' in these buildings. Some are ready to go, and other's fight you, but with all there is a definite "presence" in each and every one.
I have found the same to be with coins, which is why I gravitate to circulated examples... they seem to retain a memory as if they were alive.
I love to hold a 200 year old coin in my hand... you can almost hear the voices of the past, and imagine how many times it was spent, and what it bought...
I guess my journey is more spiritual than others, but either way it works for me.

Edited by Wade
05/17/2018 12:58 am
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