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How Much Do You Spend On Coins Per Month?

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crystalk64's Avatar
3147 Posts
 Posted 12/02/2006  9:41 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
dsking you will make much more money in this hobby, if you buy wisely and pay attention to mintages, than any bank will pay you to use your savings! The American people could probably straighten a whole lot of things out but find it easier to just take a beating than to fight back. Good luck with your "hunt" and I do hope I will be able to help you out some day!!!
Valued Member
madman12000's Avatar
United States
141 Posts
 Posted 12/02/2006  11:21 pm  Show Profile   Bookmark this reply Add madman12000 to your friends list Get a Link to this Reply
well, I guess the answer is whatever I feel I can afford. Anywhere from 20-200 dollars. Aaah, to have varying disposable income.
Valued Member
ClearwaterCoins's Avatar
United States
177 Posts
 Posted 12/03/2006  12:32 am  Show Profile   Bookmark this reply Add ClearwaterCoins to your friends list Get a Link to this Reply
quote:
Originally posted by Bryan1315

clearwatercoins are you collecting half dollar commems or dollar commems or both? and are you collecting early commems or modern commems or both?



Bryan1315

I am currently collecting the Dollar Modern Commemoratives. When I get all of the Modern Commemoratives then I will start looking for the Early Commemoratives.
Pillar of the Community
ageka's Avatar
Belgium
2078 Posts
 Posted 12/03/2006  08:49 am  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
quote:
Originally posted by crystalk64

Well I used to spend tons of money, prior to my losing a job of 28 years, so now instead of buying everything that suited my fancy I must concentrate on specific coins and go from there! Money is NOT abundant at this time so I go with what I got and, with a little trading, I remain in the hobby. Today (YES TODAY) I brought home 3 Buffalo nickels which cost me $112.00, two 2006 proof Jefferson nickels at $3.00 each and a Buffalo Silver Round for 14.00. That pretty much wiped me out for a while!!!



Like many here I used to spend freely untill I was fired in 1996 a first time and end 2000 a second time
Now I am a temp
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fengk's Avatar
United States
986 Posts
 Posted 12/03/2006  09:20 am  Show Profile   Bookmark this reply Add fengk to your friends list Get a Link to this Reply
It really varies for me. In October, I think I may have spent close to $250 on coins, just because there was a big show and lots of coins that I liked. Normally, it's around $50 to $100, although I'm looking to go on a big spending spree in March if I can convince my parents to take me to the ANA show in Charlotte. The months that I spend a lot usually follow months when I spend a little, so it equals out in the long run.
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amac44's Avatar
United States
3242 Posts
 Posted 12/03/2006  10:57 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
In Coin World pg#92 this week they list how much it would have cost you if you had payed for all sets& coins for 2006 from the US MINT offered.
It would have cost you $14,804 for all gold ,silver & platinum coins
WoW
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djluster's Avatar
United States
1327 Posts
 Posted 12/03/2006  11:37 am  Show Profile   Bookmark this reply Add djluster to your friends list Get a Link to this Reply
I picked 20-50 dollar range since that is what my budget allows right now. But when I first started but my amount was much higher the begining of this year but I think I spent more then I should have since it hurt the household buget but I have learned to control my self alittle more. It is very easy to get caried away when you first start collecting and that is what happened to me and now I have to put my self on a smaller budget to make sure all household bill get paid before coins. Plus with 3 young kid all under 5 most of my coin money goes to them. I hope one day I can have a 500-1000 a month coin budget if I want it but not at this time.
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jcook54's Avatar
United States
533 Posts
 Posted 12/03/2006  11:41 am  Show Profile   Bookmark this reply Add jcook54 to your friends list Get a Link to this Reply
One hundred dollars with the occasional splurge into the several hundred range. Usually if I have my eye on something more expensive, I try to go conservative with money in the month before I make the purchase.
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Metalman's Avatar
United States
7123 Posts
 Posted 12/03/2006  12:17 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
I have a small bank account that I deposit small sums in as I can,, this account is specifically for coins, If I want something special then it may take a few months of saving to purchase it or it may take a few weeks. It never fails that once I buy one coin another is in sight and the cycle continues.


Rick
Valued Member
United States
393 Posts
 Posted 12/03/2006  1:05 pm  Show Profile   Bookmark this reply Add tnwalker10 to your friends list Get a Link to this Reply
I intend to spend about $100 each month in 2007.
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TSmith3510's Avatar
United States
455 Posts
 Posted 12/03/2006  1:47 pm  Show Profile   Bookmark this reply Add TSmith3510 to your friends list Get a Link to this Reply
My monthly coin purchases depend on my mood. I don't have a fixed amount I spend. When I'm not busy enough and feel like I need a charge, I'll go online and order some stuff. Lately I've been dropping too much cash. If I had the discipline (and I don't) I would limit purchases to around $300 per month.
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EgCollector's Avatar
Egypt
3470 Posts
 Posted 12/03/2006  4:22 pm  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply
It varies from one month to another specially if I sell some I use this money to buy another coins.

An average of 30$ per month is enough for me
New Member
thecattnextdoor's Avatar
United States
3 Posts
 Posted 12/26/2006  10:23 pm  Show Profile   Bookmark this reply Add thecattnextdoor to your friends list Get a Link to this Reply
i try n put $200, in to savings in the bank ,an about $600 a month in to great coin buying,..as the 401k retirement plans these days are full of to many risks,an great coins and gold seems to keep a great pace!,so others can buy stocks,i feel safe in collecting coins(of the u.s.)
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Mila_cent's Avatar
United States
1767 Posts
 Posted 12/27/2006  12:42 am  Show Profile   Bookmark this reply Add Mila_cent to your friends list Get a Link to this Reply
quote:
Originally posted by laxmaster92

0.1-20$
Just dont have enough money to be buying expensive coins. I rely on circulation and the help of alot of people from this forum!


***************************
I'm with laxmaster92.
I try to keep my spending below $20. Living on a fixed income doesn't give me much choice.
Most of my collection consist of circulated coins, as long as the dates are visiable and I can fill the slots in the albums, few are purchased if it's a priced I can afford.
Edited by Mila_cent
12/27/2006 12:44 am
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scoutjim99's Avatar
United States
4589 Posts
 Posted 12/27/2006  02:00 am  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
As I agree with many of you, I may go without spending anything for a few months to maybe a $1000.00 In a day but that, is an extreme, extreme case. I cant even predict my self, If the money is there and something catches my eye, I will Buy it. With In reason of course
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