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When Do You Buy Your Coins?

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rggoodie's Avatar
United States
23484 Posts
 Posted 11/04/2019  06:38 am Show Profile   Bookmark this topic Add rggoodie to your friends list Get a Link to this Message Number of Subscribers
Poll Question
Some buy for special occasions.
Some buy on impulse.
Some avoid months because of holidays, tax bill, tuition etc.

What Month
do you purchase most of your coins?

Poll Choices
 January
 February
 March
 April
 May
 June
 July
 August
 September
 October
 November
 December
 When I get the impulse

rggoodie
aka Richard
"catch em doing something right"
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triggersmob's Avatar
Australia
9375 Posts
 Posted 11/04/2019  06:47 am  Show Profile   Bookmark this reply Add triggersmob to your friends list Get a Link to this Reply
For last 2 years it has been November, because that's when the Royal Australian Mint travelling circus comes to town.
We use to be able to buy bags of coins for face value at any time and just pay for postage. They have stopped that now and will only do coin swaps in person. It saves you postage, but the queues can be long.

Steve :)
Edited by triggersmob
11/04/2019 06:49 am
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oriole's Avatar
Canada
5239 Posts
 Posted 11/04/2019  07:04 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Your poll is incomplete. It needs:

-"I do not buy in any particular month"

This applies to me. I buy when the coins are available at the right price, which in shows or the LCS could be any month of the year.
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rggoodie's Avatar
United States
23484 Posts
 Posted 11/04/2019  07:56 am  Show Profile   Bookmark this reply Add rggoodie to your friends list Get a Link to this Reply
Same as when I get the impulse?

Maybe the poll should be when Don't you buy coins
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Russian Federation
5172 Posts
 Posted 11/04/2019  08:01 am  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
The overall plurality is probably still April, after the big purchasing spree in April 2011.

Lately, though, I suspect that the answer is mostly December (with a bit spilling out into November and January), because I get nearly as much money for my coin budget in November (around $200 or thereabouts) as the rest of the year combined (when it's mostly scraps of parental allowance, plus a trickle of interest from my old math contest prizes).


Overall, my answer is the same as oriole's - with the caveat that it also matters when I get the money to buy said coins, and last year that was November and this year it would probably also be November.

Generally, I much prefer the May-September period (and to a lesser extent also April and/or October), because it's not so darn cold and/or wet everywhere (which makes it easier to go to LCSs and coin fairs, especially the outdoor Izmaylovo Vernisage - you try sorting through bargain bins when it's below freezing), but I tend to spend most of my November haul so quickly that there's almost none left for summer.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 11/04/2019  08:06 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Almost always when I see a cherry picking opportunity.

Applies to public numismatic auctions as well.
In these sorts of cases, I lodge a single low fixed price bid for the item, and as a result, I usually miss out, but a cherry pick win when I am fortunate.

In terms of the vote:
-any of the above.
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T-BOP's Avatar
United States
18456 Posts
 Posted 11/04/2019  08:18 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
You forgot to add: " when my funds warrant it " There is no magic month for me . When I have a little extra money I'll pick up a coin or two .
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United States
20753 Posts
 Posted 11/04/2019  09:24 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
You need to add many other possibilities. For me it's if and when I can find something I need.
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 11/04/2019  09:37 am  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
When I firstly find a coin I like, and my budget allows it
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CitationSquirrel's Avatar
United States
1026 Posts
 Posted 11/04/2019  10:08 am  Show Profile   Bookmark this reply Add CitationSquirrel to your friends list Get a Link to this Reply
I pretty much buy my coins whenever. My decision is actually more tied to availability of funds than to the calendar. For example, I haven't purchased at lot of coins in the past month, because I've been waiting to pick up some funds. But, I haven't been resting on my laurels. I've been "reading the book" (studying and researching coins and currency). I've also been watching auctions of coins that I might have bid on if I had the money in order to learn more about pricing.
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DeLoss's Avatar
United States
110 Posts
 Posted 11/04/2019  10:41 am  Show Profile   Bookmark this reply Add DeLoss to your friends list Get a Link to this Reply
I've never been to any auctions or shops . All of my coins came from finds , family or pure luck . I Am going to start looking for a silver dollar to buy . I like the one with the flowing dress and eagle on the back . Possibly a few small Gold coins or gram bars . I let a Flowing Dress silver dollar and 12 1964 Kennedy's go last year before I knew about coins and now I cringe thinking about it every day .
I'd buy if the price was right and I liked the coin .
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Canada
605 Posts
 Posted 11/04/2019  10:55 am  Show Profile   Bookmark this reply Add Coin-Flipper to your friends list Get a Link to this Reply
Best answer for me is -almost always- as well ( depending on the funds )
Winter / Spring / Summer / Autumn
Edited by Coin-Flipper
11/04/2019 10:58 am
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hfjacinto's Avatar
United States
7273 Posts
 Posted 11/04/2019  11:12 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I buy coins when I have money saved up, no specific month.
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179 Posts
 Posted 11/04/2019  11:19 am  Show Profile   Bookmark this reply Add James Hicks to your friends list Get a Link to this Reply
Whenever I have the money.,
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T-BOP's Avatar
United States
18456 Posts
 Posted 11/04/2019  11:47 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
I've never been to any auctions or shops . All of my coins came from finds , family or pure luck . I Am going to start looking for a silver dollar to buy . I like the one with the flowing dress and eagle on the back

I believe your talking about the Walking Liberty half dollar ,a very beautiful design with Miss liberty in a flowing dress on obverse and a good looking Eagle on reverse .
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jbuck's Avatar
United States
187702 Posts
 Posted 11/04/2019  2:41 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I instinctively selected October before I realized "When I get the impulse" was an option.
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