Does anyone have any stories/experiences with "Whale" collectors? If so tell us.........
SanctionII
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.........the details.
By "Whale" (or Elephant) I mean a person who has such large amounts of discretionary money that he or she is not concerned with the price of a coin and instead is interested only in acquiring the finest coin(s) in the area he or she is interested in (i.e. US Classic Proof Gold). The Whale may be a novice or an experience collector.
I suspect that Whale collectors can be persons who:
a. take an interest in the hobby and collect intensely for a period of time, grow bored with the hobby and sell quickly;
b. take an interest in the hobby and become life long collectors; or
c. fall somewhere in the middle of a. and b.
I also expect that if a Whale collector hired you to bird dog coins for him or her and upon finding a suitable coin(s) purchasing them for the collector would be very fun for the bird dog, at least initially.
By "Whale" (or Elephant) I mean a person who has such large amounts of discretionary money that he or she is not concerned with the price of a coin and instead is interested only in acquiring the finest coin(s) in the area he or she is interested in (i.e. US Classic Proof Gold). The Whale may be a novice or an experience collector.
I suspect that Whale collectors can be persons who:
a. take an interest in the hobby and collect intensely for a period of time, grow bored with the hobby and sell quickly;
b. take an interest in the hobby and become life long collectors; or
c. fall somewhere in the middle of a. and b.
I also expect that if a Whale collector hired you to bird dog coins for him or her and upon finding a suitable coin(s) purchasing them for the collector would be very fun for the bird dog, at least initially.
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Comments
Will the moderator please shift this thread to the US Coin Forum.
Even the very wealthiest of collectors rarely, if ever, throw caution to the wind and say pay whatever it takes, especially when the dollars get into 5 figures and up.
I have represented many advanced wealthy collectors and I always discuss price ranges with them. I also listen to the tone of the conversation and can adjust to the upside for coins that I know that they must have.
I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.
eBaystore
Some people will pay premiums, but very few, if any, have no concern over price.
Strangely, J-1776 and the Amazonian Set have not done well at auction in the past. Today, I would think that J-1776 would do really well, but the Amazonian set might not do well at all.
Doggedly collecting coins of the Central American Republic.
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<< <i>A short lived whale, I remember when I saw an el primo Indian Half Eagle or Gaudens $10, $20 that I would bet John Kutasi would pick it up. Most of the time I was right up until he decided to sell and start a new business venture. Not sure if he has ever gotten back in or not. >>
I remember him. He was a Compleat Whale, and built one of the most fabulous collections of $10 Indians in existence. A true numismatist of our generation in every sense of the word. I wonder if he will come back to collecting.
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>
<< <i>A short lived whale, I remember when I saw an el primo Indian Half Eagle or Gaudens $10, $20 that I would bet John Kutasi would pick it up. Most of the time I was right up until he decided to sell and start a new business venture. Not sure if he has ever gotten back in or not. >>
I remember him. He was a Compleat Whale, and built one of the most fabulous collections of $10 Indians in existence. A true numismatist of our generation in every sense of the word. I wonder if he will come back to collecting. >>
Wasn't he the one who had some interesting conversations with Laura on this here forum? Was his coin the one who had a chance meeting with the magical felt pad? (I may be way off on that last one?)
I've got a few whale stories - I'll have to think of a funny one to relate.
That whole ordeal brought about some 100 (300?) plus post threads lol
<< <i>You are correct about the felt pad being associated with the Kutasi $10 Indians.
I've got a few whale stories - I'll have to think of a funny one to relate. >>
This has GOT to be good........I will be waiting...
<< <i>
<< <i>You are correct about the felt pad being associated with the Kutasi $10 Indians.
I've got a few whale stories - I'll have to think of a funny one to relate. >>
This has GOT to be good........I will be waiting... >>
Bruce, we are still waiting
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I don’t love money . I do love the Lord God.