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 Replies: 20 / Views: 2,187 |
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Valued Member
United States
420 Posts |
Hello,
So, I have not posted in a few days as I haven't had any questions but then something popped in my head just this morning. I'm a beginning collector experiencing my first rut. I spent way over my month's budget at a coin show at the beginning of the month of November. I'm going to a coin show next Saturday but not planning on buying anything. Once I got all my pictures and inventory done I was at a loss? Has that ever happened to anyone else? What do I do now until I buy my next coin or set?
Thanks,
Rich Rich M. - Collector since 2008
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Pillar of the Community
United States
591 Posts |
Roll search lol. Thats what I do
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Pillar of the Community
Australia
2830 Posts |
... or read books on coins; or re-read them.
Peter
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Bedrock of the Community
United States
12437 Posts |
 When not actively buying or looking for coins, that is a great time to do some reading to learn more. |
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Moderator
 United States
187702 Posts |
Two good ideas listed.  I will add magazines or other periodicals to the reading list. |
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Pillar of the Community
United States
591 Posts |
Hehe I failed to mention read as I do it on a regular basis so it's part of my routine.
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Pillar of the Community
United States
1179 Posts |
Roll hunt would be a good idea. I am not a huge reader, so that'd be my choice.
So you have pics of all your coins and all inventoried? And how can you go to a show and not buy anything, I could never!
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Pillar of the Community
United States
869 Posts |
Quote:What do I do now until I buy my next coin or set?
What I do is a lot of roll searching,sell a few of my extras,study and take notes on prices(window shop) and also what to look for when grading(full steps,full bands,ect) on that specific coin you plan on buying next month.
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Pillar of the Community
United States
2540 Posts |
1) Take out your coins;
2) Look at them under a loupe;
3) Put them away;
4) Repeat above, starting at #1.
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Valued Member
United States
300 Posts |
Read and Research, check Barnes&Noble for new issue coin mag's
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Pillar of the Community
United States
5318 Posts |
and me, research on a new topic solves my ruts--so far. |
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Valued Member
United States
77 Posts |
I don't know how anyone can go to a coin show without buying something. That's like a kid in a candy shop but he can't have any candy. I mean it's not right. I would at least buy a $5 to $10 coin just so I wouldn't feel horrible when I left.
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Moderator
United States
187702 Posts |
Of course I should have mentioned that I frequently visit CCF and live vicariously through other members as they discuss their latest acquisitions!  |
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Valued Member
United States
311 Posts |
Quote:
I don't know how anyone can go to a coin show without buying something. That's like a kid in a candy shop but he can't have any candy. I mean it's not right. I would at least buy a $5 to $10 coin just so I wouldn't feel horrible when I left. No kidding! Especially if it costs gas and possibly entry fees to get there. If nothing else, I'd be hanging out at any dealers with boxes of cheap-cheap foreign coins to go through. Personally, I have a really hard time motivating myself to do cataloging... but there's always time to roll-hunt :) |
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Bedrock of the Community
United States
10284 Posts |
Quote:
insideout ..... Roll search lol. Thats what I do That made me laugh! Good thing about collecting coins is that it doesn't have to be rare coins. I can always find another Jefferson worth keeping for 5 cents. When times are good I collect the more expensive stuff but there's always the pocket change that's worth looking at if that's all ya have. I have heard it said that if you hang around the Barber shop long enough, sooner or later you'll get a haircut.  Maybe take only so much to the coin show and make it a game to see how much you can do with it. It could be an educational trip. I have gone and bought nothing a couple times. But they few and far between. |
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Valued Member
United States
429 Posts |
There is no way to learn everything about a certain series of coins in a small amount of time so doing research on the series you collect would be a great idea. See what varieties and other rare items you can research and maybe go test them out by doing a little cherry picking at the show.
I have only been to one show in my life and remember someone doing this and having no idea what he was doing. I finally asked someone and they said he was cherry-picking, which put a very confused look on my face. The person went into greater detail to say that he most likely specializes in a few different coins and looks through displays of dealers that look as if they do NOT specialize in that series. Through out the day I kept seeing him and would try to follow him when I could to see exactly what he was doing. After a few hours I was finally at the table next to him and was able to see exactly what he was doing and how we was very polite to the dealers. At that table he asked the dealer if the prices were set and what if he found a variety, the dealer laughed at him and said if you find it then I deserve to lose it. Sure enough he bought two coins and went to show the dealer what they were which made the dealer go white and start looking at the rest of his coins. So what is the point of this story? The point is that he did not learn this over night and spent a lot of time doing research and that day it really paid off for him and could for you at the next show. I know my wife would not complain about me buying a coin if I bought it for a small fraction of what it was worth.
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Replies: 20 / Views: 2,187 |
Posted 11/17/2008 11:31 am
