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 Replies: 20 / Views: 2,195 |
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Valued Member
United States
103 Posts |
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Pillar of the Community
United States
1327 Posts |
I average about 25 dollars a week, but I know I am probably at the lower end of spending, just spend my allowance I give my wife and me for are hobbies. so I don't spend out of my budget. you might not get alot of reply do to the fact that alot of people don't like to have others knowing how much they spend
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Valued Member
United States
194 Posts |
I don't set a budget, I just look at different coins I like and eventually decide if I want to spend XXX on it. Sometimes I pick up different coin magazines and am happy to just look at the pictures. (Coin porn?) [:0] I do look through all my change too. That can be a good way to spend a saturday morning!
Great topic!
Margaret
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Pillar of the Community
United States
756 Posts |
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Rest in Peace
United States
3730 Posts |
I am an impulse buyer. However, living on pretty much a fixed income now, I would guess, at the most, I spend $500 a year. I buy a proof set and proof ASE from the mint, impulse buy when I'm at my coin store, and buy through the mail in order to keep my new darkside habit going. |
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Moderator
 Australia
16809 Posts |
I don't need to budget. My coin spending is under control. I can stop anytime I want to...  I just checked my budget database for last year's grand total on coin purchases and... [:0]    Maybe I should seriously consider this "budgeting" thing after all...  Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar Of The Community
Turkey
1205 Posts |
I am one of those who unashamedly buy on impulse!!
I see something neat, I try to get it. Don't think it could be any fun if it is 100% planned and organised.
I need to see an oppurtunity and either get happy to use it or regret that I couldn't and start "hunting" for it.
That's why I don't have a predetermined budget, think it puts a limit that I can never stay within anyway :LOL
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Pillar of the Community
Australia
1262 Posts |
Actually I can spend as much as I want as often as I want.....as long as the wife doesn't find out.  |
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Forum Kid
Kuwait
1523 Posts |
As a kid I hardly get to spend, maybe 15-10 every 2-3 months
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Pillar of the Community
Belgium
2078 Posts |
I keep telling myself I am not a Collector but an Investor  That may be largely true |
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Rest in Peace
United States
2684 Posts |
I don't "budget" per se for coins. If I happen to have a few cents left over from paying my bills, I cruise ebay (and Heritage and B&M if I get their auction catalogs on time) for coins I want (or "need" although this implies some biological imperative; I have absolute complete control over myself, coin-buying-wise. I also sell bridges to those with similar self-discipline. ). As a result of this carefully planned strategy, I end up binge-buying to the tune of well over a thou per year, often very well over, slopping over into the two thou plus category in some years. If I had a wife any longer and did this, I wouldn't have a wife any longer. [:0] Ageka, I also keep telling myself I'm an investor, but there are certain coins I absolutely had to have and paid so much more over market value that I will never recover my costs in my lifetime. This is a very good investment strategy for my nephew and niece who will someday inherit my coins. Fred |
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Pillar of the Community
Australia
1529 Posts |
Budget  What is that word again.... Blew my mine in January of each year....just too many issues that "I must have" |
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Pillar of the Community
Belgium
2078 Posts |
Fred With me the problem is that I see rare coins go by for 5% over their metal value and I go crazy not bidding on them Problem is it hurts to sell coins |
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Pillar of the Community
United States
772 Posts |
I have been in coins for just a few months and have spent quite a bit over the "....(Coin Sickness).........HELP I AM ADDICTED!!!!!!!" mark
If I see something that I can make money on right away, I buy it (which happens weekly).
That way once I realize I have too much in coins a couple weeks later, I have no problem selling off the stuff I do not have a big desire for and pocket a few extra bucks.
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Forum Mom
United States
5877 Posts |
$100-250. My vote is based on what I am allowed to spend for my collection, not for resale. Since BHD's and hammered coinage are not the cheapest coins to be had, I don't get to add a lot to my collection each year, but it's fun! |
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Valued Member
United States
393 Posts |
Try not to exceed an average of $50 month. Spend $150 this month and do without the next two months. Rick |
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Replies: 20 / Views: 2,195 |
Posted 03/12/2006 10:43 pm
