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What do you consider to be expensive for a coin?  
 

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 Posted 01/12/2018  5:57 pm  Show Profile   Check Collects82's eBay Listings Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
Over $50, I better say something to my wife beforehand.
Over $100, I need to have a collecting need I can explain to my wife.
Over $200, I better be able to convince her its a true rarity.
Over $300, we're talking I might not see it again for a loooooooooooong time and its a PERFECT fit for my collections.
I've never gone over $400.

I've exceeded $300 maybe twice. Exceeded $200 only a handful of times. Exceed $100 from time to time. Most if it stays to double digits.
My hoard of '82s is up to 121! 182 x 1, 282 x 1, 682 x 1, 782 x 2, 882 x 1, 982 x 3, 1182 x 7, 1282 x 2, 1382 x 1, 1482 x 3, 1582 x 9, 1682 x 10, 1782 x 29, 1882 x 33, 1982 x 18
Edited by Collects82
01/12/2018 5:58 pm
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 Posted 01/12/2018  6:16 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
Great thread! I have to agree with most, it's all relative. The most I paid for a single coin, was a couple of hundred for a $5 gold coin, but that's why I have many incomplete sets. I stumbled into a complete set of early Lincolns that I got for only $400 about 10 years back, otherwise it'd be incomplete too.
"When a strong man, fully armed, guards his house, his possessions are safe."
- Luke 11:21
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 Posted 01/12/2018  6:43 pm  Show Profile   Bookmark this reply Add Ariette to your friends list Get a Link to this Reply

Quote:
I stumbled into a complete set of early Lincolns that I got for only $400 about 10 years back, otherwise it'd be incomplete too.


That sounds like a great deal! The 1909-S VDB is probably worth more than that alone.
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 Posted 01/12/2018  6:44 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
This is an interesting thread for sure. I was taken by mox's "average value" statistic, so I'll run it on my stuff this weekend.
"The value of something is what you can sell it for the same day you bought it."

Edited by Coinfrog
01/12/2018 6:46 pm
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 Posted 01/12/2018  6:55 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply

Quote:
The 1909-S VDB is probably worth more than that alone.


Assuming it isn't a fake!
Having a sense of humor is the greatest thing God gave you! Have fun using it!

Working on Whitman Large Cent date set album 1793-1857 (31 pcs of 64 total)
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 Posted 01/12/2018  7:02 pm  Show Profile   Bookmark this reply Add Ariette to your friends list Get a Link to this Reply

Quote:
Assuming it isn't a fake!


True, I suppose one has to be especially careful when it comes to key dates. I saw an article on NGC's website that said the 1909-S VDB Lincoln was their most commonly encountered counterfeit coin. Collecting date and mint mark sets isn't my cup of tea, but I don't think I'd take my chances with a raw key date like that in any case.
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 Posted 01/12/2018  7:11 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
That's how & why I got it so cheap, I was taking a risk, but it was later certified.
"When a strong man, fully armed, guards his house, his possessions are safe."
- Luke 11:21
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 Posted 01/12/2018  8:36 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I can spend $25-50 for coins all day long. $100 is doable but starts to be felt in the pocketbook. $250 is a coin I really have to think about. $500 makes the pocketbook start smoking and anything over $1000 it bursts into flames.

I have only ever bought one coin over $1000 and can count the $500+ ones on one hand.
Edited by KenKat
01/12/2018 8:37 pm
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 Posted 01/12/2018  8:42 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

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Whenever I hit 1000 coins I sell my least expensive coins.


Very interesting idea--it forces you away from being an accumulator of coins.
"It certainly strikes the beholder with astonishment, to perceive what vast difficulties can be overcome by the pigmy arms of little mortal man, aided by science and directed by superior skill." --Henry Tudor (the lawyer not the king)
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 Posted 01/12/2018  9:31 pm  Show Profile   Bookmark this reply Add thisistheshow to your friends list Get a Link to this Reply
More than $25 for any one coin is too much for me right now, only because I currently do most of my buying by cherry picking at LCS's.
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 Posted 01/12/2018  10:22 pm  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply
2017 was a buying year for me. I think I improved my collection quite a bit. I consolidated and sold a few and replaced them with some nicer pieces. However, I'm going to slow down n 2018. It's just a hobby and the family is on a budget. KenKat's pocketbook analogy is pretty much spot on for me.

I try to focus on nice, original circulated coins in order to stretch my buying power. A nicely toned EF coin is a joy to look at in my opinion.
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 Posted 01/12/2018  11:02 pm  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
2017 was a "buying" year for me, too. However, I only started collecting in late 2016.

The most I've ever paid for a single coin was $125. The vast majority of my purchases have been less than $10/coin. That's easy for me to do and justify. In the $10-$20 range, I have to think about it a bit more. Between that and my most expensive, there's not much to speak of at all.

This year will bring some purchases in the $50-$100 range, but that's stretching it to do more than a few times a year.

Since 2017 was my rookie year, I also spent a good amount on supplies including several Whitman/Dansco albums and lots of 2x2s and 20-pocket pages.

On the flip side, I also made money by selling coins, including a change find and a couple of cherrypicks. That's something to consider in the equation for those who sell coins.
"When you make the finding yourself - even if you're the last person on Earth to see the light - you'll never forget it."
-Carl Sagan

My Want List: http://goccf.com/t/282022
Edited by spruett001
01/12/2018 11:04 pm
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 Posted 01/12/2018  11:44 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
I have collected inexpensive coins for 40 years.
But lately I have been buying nice quality coins.
$500 is expensive to me.
$1,000 takes some planning and a few months.
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 Posted 01/14/2018  12:26 am  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
For me anything over $3,000 requires a double dose of pepto and a Xanax.... and a stiff drink followed by another.
Hi, my name is MikeF and I suffer from Seated dollar fever. Starting a twelve step program next week. I currently have a graded early copper collection for sale. http://goccf.com/t/304984
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 Posted 01/14/2018  12:33 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
$2000 is a no-brainer though?
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