@Boosibri said:
In the words of Robert Heinlein in one of my favorite sci-fi books:
Gospodin," he said presently, "you used an odd word earlier--odd to me, I mean..."
"Oh, 'tanstaafl.' Means ~There ain't no such thing as a free lunch.' And isn't," I added, pointing to a FREE LUNCH sign across room, "or these drinks would cost half as much. Was reminding her that anything free costs twice as much in long run or turns out worthless."
"An interesting philosophy."
"Not philosophy, fact. One way or other, what you get, you pay for."
I don't know who that Heinlein character is, but that quote sounds like something that a stranger in a strange land might say.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
This thread has all the ingredients of a tasty word salad, especially from the first post. Now where did I leave the bacon bits? I'm sure some will come along soon.
@Boosibri said:
In the words of Robert Heinlein in one of my favorite sci-fi books:
Gospodin," he said presently, "you used an odd word earlier--odd to me, I mean..."
"Oh, 'tanstaafl.' Means ~There ain't no such thing as a free lunch.' And isn't," I added, pointing to a FREE LUNCH sign across room, "or these drinks would cost half as much. Was reminding her that anything free costs twice as much in long run or turns out worthless."
"An interesting philosophy."
"Not philosophy, fact. One way or other, what you get, you pay for."
I don't know who that Heinlein character is, but that quote sounds like something that a stranger in a strange land might say.
I'll go with Q David Bowers: "By far the best returns have been made by those who have carefully built collections, and who have held them for the long term" Seems like sage advice to me.
@Eldorado9 said:
I'll go with Q David Bowers: "By far the best returns have been made by those who have carefully built collections, and who have held them for the long term" Seems like sage advice to me.
While that might be correct, it sounds like it pertains to collecting. The OP appeared to be talking about something very different from collecting.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@ErrorsOnCoins said:
I liked crushing the competition part, bold
I just crushed my competition sitting on the back porch reading all of this!😎
Those "new" mosquitoes suck
ya, the ones with the little white stripes are not native to our area, but just showed up in the last few years. Sneaky little bastards. The go in low.
I just called the city about my neighbors "green pool"
Errors-I agree. New breed & they are daylight biters. So when I'm around outside in the shade I take a squeeze bottle of isopropyl alcohol-put a pin hole in the foil seal & spray a 3ft circle around my feet. Or on my shoes or lower pants. As it evaporates the skeeters go elsewhere. Heathier than DEET. Redo ever half hour or so. Skeeters hate alcohol.
@ErrorsOnCoins said:
I liked crushing the competition part, bold
I just crushed my competition sitting on the back porch reading all of this!😎
Those "new" mosquitoes suck
ya, the ones with the little white stripes are not native to our area, but just showed up in the last few years. Sneaky little bastards. The go in low.
I just called the city about my neighbors "green pool"
Errors-I agree. New breed & they are daylight biters. So when I'm around outside in the shade I take a squeeze bottle of isopropyl alcohol-put a pin hole in the foil seal & spray a 3ft circle around my feet. Or on my shoes or lower pants. As it evaporates the skeeters go elsewhere. Heathier than DEET. Redo ever half hour or so. Skeeters hate alcohol.
I am going to try this! Will report back on success or failure
Well, I read about half the replies. I'm glad most of you decided to waste my time after I spent so long composing this. Further, I understand this is blind leading the blind. I am not a coin dealer. I'm probably the last person to give advice. But I'm tired of seeing people ask these questions in coin forums and get berated by self centered boomers.
The point is, markets sometimes exist wherein you can do whatever TF you want. This is one of those times and one of those markets that you can do it. Those are some of the things you can do during this type of market to max your gains. And yes, this isnt great during normal times, and is exactly why I said it likely isn't good for normal times.
I have never met a group of people so willing to work against their best interests. This hobby was dying and was where stamps were in 08. We have all been so incredibly lucky to have a massive influx of people to drag coin collecting out of its grave. Even if this half worked to a fraction of a % we would all benefit. I'm... speechless to have people in a dying hobby brought back to life by freak chance, not willing to have a half decent discussion.
Anyway, I was gonna delete this post, but I never wrote it for most of the people responding. I wrote it for the people who use Google for questions because snarky egotistical self-important narcissistic boomers waste their time. (I do not mean this to flame or troll anyone here specifically; there is no denying the one stereotype that exists in this hobby.. which is a stereotype for a reason).
Instead, I'm leaving the post. I made it because I'm tired of seeing new people struggling and making threads of "not making money" and "are coins REALLY selling well again?" and whatever else. They get answers in their threads similar to the posts I got here. There are people struggling to make profits at a time like this, and they shouldn't be.
This is all very sound advice. It's a long post. I know, I wrote it. I'm laying in bed right now with a jewelry tray full of free gold I got while making plenty of mistakes. I can't imagine how awesome this would have been if I was doing it right from the beginning, or knew more, or used even half the things I wrote out.
I wish someone wrote something like this for me a few years ago.
I guess I know what I'm gonna do next time I wanna help like this again... sit here next to my pile of free gold and laugh, instead.
@Azurescens said:
Well, I read about half the replies. I'm glad most of you decided to waste my time after I spent so long composing this. Further, I understand this is blind leading the blind. I am not a coin dealer. I'm probably the last person to give advice. But I'm tired of seeing people ask these questions in coin forums and get berated by self centered boomers.
The point is, markets sometimes exist wherein you can do whatever TF you want. This is one of those times and one of those markets that you can do it. Those are some of the things you can do during this type of market to max your gains. And yes, this isnt great during normal times, and is exactly why I said it likely isn't good for normal times.
I have never met a group of people so willing to work against their best interests. This hobby was dying and was where stamps were in 08. We have all been so incredibly lucky to have a massive influx of people to drag coin collecting out of its grave. Even if this half worked to a fraction of a % we would all benefit. I'm... speechless to have people in a dying hobby brought back to life by freak chance, not willing to have a half decent discussion.
Anyway, I was gonna delete this post, but I never wrote it for most of the people responding. I wrote it for the people who use Google for questions because snarky egotistical self-important narcissistic boomers waste their time. (I do not mean this to flame or troll anyone here specifically; there is no denying the one stereotype that exists in this hobby.. which is a stereotype for a reason).
Instead, I'm leaving the post. I made it because I'm tired of seeing new people struggling and making threads of "not making money" and "are coins REALLY selling well again?" and whatever else. They get answers in their threads similar to the posts I got here. There are people struggling to make profits at a time like this, and they shouldn't be.
This is all very sound advice. It's a long post. I know, I wrote it. I'm laying in bed right now with a jewelry tray full of free gold I got while making plenty of mistakes. I can't imagine how awesome this would have been if I was doing it right from the beginning, or knew more, or used even half the things I wrote out.
I wish someone wrote something like this for me a few years ago.
I guess I know what I'm gonna do next time I wanna help like this again... sit here next to my pile of free gold and laugh, instead.
You sound rather angry. When you make a post, you shouldn't be surprised when some disagree with you.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
However, I have always had a hard time grasping the fact that you can buy something and relist the item on the very same platform and sell for a higher price without literally buying the second it lists the first time around. The smarter buyers will recognize individual items.
If you are making money for your time then all the power to you. More money for more coins, or what have you.
@ricko said:
That may be the longest post I have seen on this forum. Good luck with your 'strategy'... Cheers, RickO
I started reading it the same time you did and I still haven’t finished. I hope it has a happy ending
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Comments
I don't know who that Heinlein character is, but that quote sounds like something that a stranger in a strange land might say.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
As "out there" as Heinlein's books got towards the end, it's a brilliant body of SF work. Have read them all, some multiple times.
Liberty: Parent of Science & Industry
This thread has all the ingredients of a tasty word salad, especially from the first post. Now where did I leave the bacon bits? I'm sure some will come along soon.
10-4,
My Instagram picturesErik
My registry sets
EBay is a harsh mistress
Latin American Collection
Time Enough for Coins
The Man Who Sold the Coins
The Coins Must Roll
To Sell Beyond the Sunset
Liberty: Parent of Science & Industry
The Number of the Pop
I Will Fear No Bodybag
The Collector Who Walks Through His Submission
Liberty: Parent of Science & Industry
I'll go with Q David Bowers: "By far the best returns have been made by those who have carefully built collections, and who have held them for the long term" Seems like sage advice to me.
While that might be correct, it sounds like it pertains to collecting. The OP appeared to be talking about something very different from collecting.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I’d rather own HON AMGN and CRM the day they were added to the DOW
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Errors-I agree. New breed & they are daylight biters. So when I'm around outside in the shade I take a squeeze bottle of isopropyl alcohol-put a pin hole in the foil seal & spray a 3ft circle around my feet. Or on my shoes or lower pants. As it evaporates the skeeters go elsewhere. Heathier than DEET. Redo ever half hour or so. Skeeters hate alcohol.
Well, my 2 cents is that this thread has > @streeter said:
I am going to try this! Will report back on success or failure
Well, I read about half the replies. I'm glad most of you decided to waste my time after I spent so long composing this. Further, I understand this is blind leading the blind. I am not a coin dealer. I'm probably the last person to give advice. But I'm tired of seeing people ask these questions in coin forums and get berated by self centered boomers.
The point is, markets sometimes exist wherein you can do whatever TF you want. This is one of those times and one of those markets that you can do it. Those are some of the things you can do during this type of market to max your gains. And yes, this isnt great during normal times, and is exactly why I said it likely isn't good for normal times.
I have never met a group of people so willing to work against their best interests. This hobby was dying and was where stamps were in 08. We have all been so incredibly lucky to have a massive influx of people to drag coin collecting out of its grave. Even if this half worked to a fraction of a % we would all benefit. I'm... speechless to have people in a dying hobby brought back to life by freak chance, not willing to have a half decent discussion.
Anyway, I was gonna delete this post, but I never wrote it for most of the people responding. I wrote it for the people who use Google for questions because snarky egotistical self-important narcissistic boomers waste their time. (I do not mean this to flame or troll anyone here specifically; there is no denying the one stereotype that exists in this hobby.. which is a stereotype for a reason).
Instead, I'm leaving the post. I made it because I'm tired of seeing new people struggling and making threads of "not making money" and "are coins REALLY selling well again?" and whatever else. They get answers in their threads similar to the posts I got here. There are people struggling to make profits at a time like this, and they shouldn't be.
This is all very sound advice. It's a long post. I know, I wrote it. I'm laying in bed right now with a jewelry tray full of free gold I got while making plenty of mistakes. I can't imagine how awesome this would have been if I was doing it right from the beginning, or knew more, or used even half the things I wrote out.
I wish someone wrote something like this for me a few years ago.
I guess I know what I'm gonna do next time I wanna help like this again... sit here next to my pile of free gold and laugh, instead.
You sound rather angry. When you make a post, you shouldn't be surprised when some disagree with you.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
It's not just the replies here... But, sorry for coming across crappy.
Us grumpy old men are suffering from micro-aggression!
Being labeled a “ snarky egotistical self-important narcissistic boomer” makes me butt hurt! 🤪😉
"Got a flaming heart, can't get my fill"
MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940
I believe your "free money" will prove to be expensive tuition.
Knowledge is the enemy of fear
It’s a tough crowd here Azurescens. Don’t sweat it. We must find our amusements during these crazy times.
"Got a flaming heart, can't get my fill"
My old Italian grandfather used to have a saying for this:
"You deserve everything coming to you"
I enjoyed your post and enthusiasm.
However, I have always had a hard time grasping the fact that you can buy something and relist the item on the very same platform and sell for a higher price without literally buying the second it lists the first time around. The smarter buyers will recognize individual items.
If you are making money for your time then all the power to you. More money for more coins, or what have you.
.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Well thought Mr Eureka !
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I started reading it the same time you did and I still haven’t finished. I hope it has a happy ending
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
He forgot the bit about cornering the PPE market during a pandemic and trading it for gold. We all remember that, right?
Free mushrooms too, right?
Unless one accounts for damp woods tramping time..
Liberty: Parent of Science & Industry