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A "Question" For Senior Or Advanced Collectors!

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glenzy1's Avatar
Canada
1554 Posts
 Posted 11/01/2010  7:12 pm Show Profile   Bookmark this topic Add glenzy1 to your friends list Get a Link to this Message Number of Subscribers
We get to a point in our collecting Hobby where our Collection has evolved over time. Sometimes changing vastly as a result of upgrading, which brings me to my "Question"!
If you could go back in time to when you started collecting, knowing what you know today, what would you change, if anything?

Glenn Pinto
Bedrock of the Community
United States
10284 Posts
 Posted 11/01/2010  7:21 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
I would have bought as many of the key dates and semi key dates I could afford of the series I liked in the best condition possible. Just like the old timers told me to do back then and I should have listened. At least I did somewhat.
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guppie1160's Avatar
Canada
307 Posts
 Posted 11/01/2010  7:51 pm  Show Profile   Bookmark this reply Add guppie1160 to your friends list Get a Link to this Reply

Quote:
I would have bought as many of the key dates and semi key dates I could afford of the series I liked in the best condition possible. Just like the old timers told me to do back then and I should have listened.




yes if I could do it all over again 30 years ago the key dates were a lot less expensive
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carmykle's Avatar
United States
2448 Posts
 Posted 11/01/2010  8:54 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply


A-


"Who you callin senior and advance you young wippersnapper"

LOL

Actually, I'd have kept a lot more coins. I mean LOTS MORE!
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1cent's Avatar
Canada
1051 Posts
 Posted 11/01/2010  9:18 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
I'm not particularly senior or advanced, but I agree with wheezy. The sooner you can knock the keys you really want off the list, the better. It's possible we may get a little bit of a pullback in prices now though, and if we do it's a great opportunity.
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nohope587's Avatar
United States
5953 Posts
 Posted 11/01/2010  10:17 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
I would have acquired the knowledge first before acquiring the coins. Instead of doing it the other way around like I did. Had I known what I know now when I started, my collection would be a lot closer to completion than it is now.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/02/2010  03:22 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I would change nothing.

I started on top quality Australian pre decimal, that eventually included a gold type set, all from the Sydney Mint and an EF Adelaide Pound. It took me about 4 years to build this set, and along the way I developed a love for ancient coins. The Oz. coins were sold and became the deposit on my first house.

I have been into ancient coins for about 40 years, and the learning curve is just as steep as when I first started. I have well over a hundred reference books on ancient coins now, including a complete set of the Roman Imperial Catalogue (RIC). I do have a few nice ancient gold coins.

I just enjoy the CCF now in all other areas of numismatics, and I have been successfully tempted to get a few nice U.S. and world coins, from ancients to modern.
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Pandesalapi's Avatar
Philippines
386 Posts
 Posted 11/02/2010  07:26 am  Show Profile   Bookmark this reply Add Pandesalapi to your friends list Get a Link to this Reply
Though I am not that senior yet, Maybe I would have concentrated more on the gold ones to include rarities and key dates.
One thing I realized, coin collection is an endless insatiable wants. You tend to get the best possible piece everytime you buy your latest acquisition that often times you forget the real value in them...The real value in every coin is how much the other person is willing to pay for the item. We are lucky these days that we are able to surf the net in verifying the current prices in auctions and we are all even luckier because now we have CCF. through this, the change in me exist because I am now more carefully assessing the coin before acquiring it.
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timsumrall's Avatar
United States
1256 Posts
 Posted 11/02/2010  10:40 am  Show Profile   Bookmark this reply Add timsumrall to your friends list Get a Link to this Reply
Whatever I think I would do then, I should be doing right now! Just this week, I was thinking about "what if" my dad had bought uncirculated rolls at face 40 years ago and what the return would have been. Well, why shouldn't I do the same thing right now. It's no different. Do it, do it now!

Also, "cheap" is relative. A dollar went a long way 40 years ago!


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collectall's Avatar
Canada
610 Posts
 Posted 11/02/2010  2:51 pm  Show Profile   Bookmark this reply Add collectall to your friends list Get a Link to this Reply
When I collected in the 60's silver was still plentiful.Then came 1967 & 1968.I thought about hoarding but never bothered.
So if I were to go back,YesHoard all the silver I could lay my hands on.
U.S. wheat cents were quite easy to find too!(Back to 1909)+ Buffalo nickles + Mercury dimes etc. etc. etc. (O.K. I'm finished)
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rodime's Avatar
Canada
276 Posts
 Posted 11/02/2010  3:39 pm  Show Profile   Bookmark this reply Add rodime to your friends list Get a Link to this Reply
@Timsumrall: Yeah, problem is ... the mint is cashing in on collectors these days.
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nod2003's Avatar
United States
3294 Posts
 Posted 11/02/2010  3:43 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I would have started roll hunting halves 10 years ago.
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vermontensium's Avatar
United States
16679 Posts
 Posted 11/02/2010  3:55 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
From a pure investment standpoint, like wheezydog, I would have acquired as many key date coins that I could afford.
From a passion and love for coin collecting standpoint, I would have been more organized with my collection. I am paying for that now. If I can offer a piece of advice for newbies, it would be organize and inventory early!
swcoin.ecrater.com
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timsumrall's Avatar
United States
1256 Posts
 Posted 11/02/2010  4:29 pm  Show Profile   Bookmark this reply Add timsumrall to your friends list Get a Link to this Reply
Agreed Rodime and big time! But I was thinking BU rolls as opposed to mint. I have to try hard not to buy mint :)

One thing I would do different. I would have latched on the family collection 20 years earlier and preserved it. Too much crust :(
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big777bill's Avatar
United States
376 Posts
 Posted 11/02/2010  4:35 pm  Show Profile   Bookmark this reply Add big777bill to your friends list Get a Link to this Reply
If I'd have known back then what I do now I would have kept all that silver spent on comic books and candy! The organization of my collection and buying key dates as mentioned above. I would have probably bought much more than I did, especially silver and gold.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/03/2010  01:35 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I know a guy as as kid who bought comic books and candy as well. Only he kept his comic books, and that collection of comic books is mighty valuable now!

I wonder if he kept the candy as well, how much that would be worth today?
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