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 Replies: 27 / Views: 2,145 |
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New Member
United States
17 Posts |
Both. I enjoy collecting coins but I also only collect silver (a tiny bit of gold but it's pretty expensive to get too much of it) and copper pennies. I don't care for clad and plated stuff. So, it's both because of the metal content and I just like the coins. I also don't worry at all about slabbed coins. I want an example of a date or type, it doesn't have to be perfect...
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Pillar of the Community
United States
986 Posts |
I'm mainly do it for the hobby, and just because it's fun. But if you can also consider it as an investment because I mostly buy silver and gold coins.
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Pillar of the Community
United States
604 Posts |
I do both like everyone said if I need a quick buck bye bye silver dollar  |
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Pillar of the Community
United States
590 Posts |
Both. My silver eagles and rounds are my investments as well as a couple of gold bullion coins. I will sell them off when enough proffit can be made. My other coins will be passed on to my boys unless times get bad then to ebay with em. |
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Valued Member
United States
94 Posts |
For the most part, I don't view collecting coins as investing. I invest in stocks , bonds, and mutual funds. That being said, I mostly collect morgans and silver eagles which obviously retain the value of silver in them. My hope is to pass them on to my offspring down the road.
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Rest in Peace
United States
3730 Posts |
I sometimes think "investment" when it comes to justifying the purchase of coins. However, in 50 plus years of collecting, I have yet to sell a single coin.
My hope is to someday pass them all down to our three children.
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Pillar of the Community
Australia
1079 Posts |
for me it starte dout as a hibby, then I tried to make money of it. As I was doing this I lost the passion for the hobby.
Now it is back to the hobby of it, keeping in mind not to buy worthless coins.
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Valued Member
United States
157 Posts |
Hi everyone: It is my belief that numismatics should be approached primarily as a hobby. However, there are a few coins that do show nice returns over time, and for collectors hoping to enjoy the pursuit of finding coins AND have something that will be worth substantially more than what they paid for it at some point in the future, they should concentrate their efforts on acquiring those few coins. To that end, I've spent years researching long term value trends for US coins. My position is that coins that have demonstrated the best value increases over a long period of time are the coins that are probably destined to see the best percentage gains down the road. I have accumulated a ton of data that I'm happy to share with anyone who's interested. |
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Pillar of the Community
United States
1247 Posts |
I co-mingle the two that way I'm never wrong. If something goes up I'm an investor, if it goes up a lot I'm an "astute investor." If it goes down I'm a collector. If it spirals into the ground with a loud thud I'm a "purist." That's the beauty of it all. With stocks I'd be either right or wrong, black or white. But with coins it's all just beautiful shades of gray.  "Real books, unlike schoolbooks, can't be standardized. They are eccentric; no book fits everyone...." John Taylor Gatto |
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New Member
United States
15 Posts |
I'm new to collecting but I'm collecting what I like with a few extras now and then if I can afford it. Some day maybe they will be worth something for my grand children.
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Pillar of the Community
Australia
1262 Posts |
It is a bit of both for me. Collecting is now a hobby but I hope that when I retire and need some $$$$$$, then I may be able to sell some of the spares or maybe the lot. Depends on how much money I need.
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Valued Member
United States
380 Posts |
both for me, though considering 'money' needs; ie. selling when needed makes me a investor.though for the most part I enjoy the 'purist' collecting for the pure joy of it.. ~errorfinder~
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Replies: 27 / Views: 2,145 |
First Page
Posted 05/27/2006 12:33 pm
