Anyone else taking some time off from buying?

Early_Milled_Latin_America

In my case I have to pay the tax man for the next 8-12 months or more (property taxes + income taxes + school taxes). So will be taking some time off buying and save a little each month. Looking forward to been able to buy again on a regular basis sometime in 2026. Sucks but it is what it is when you are not a rich person.

pcgsregistrycollector

I've been holding off since December 2024, mostly because of debt and my priorities being elsewhere. Life happens, and sometimes collecting has to take a back seat. I'm hoping to slowly ease back into it once things settle down, but for now, it's all about staying focused and being patient.

golden

I have been taking time off from buying only because I cannot find anything that I need.

Aspie_Rocco

I have made a serious effort to stop buying for a while, I am saving up for an auction in a few weeks and only buying exceptional deals and cherry picked varieties.

coinbuf

I have cut back on coin purchases quite a bit in the past two years vs the prior 15+ years. I see more selling and even less buying in my future.

Morgan13

I had a major setback over the winter. We had our boiler break down and the man who came to fix it said it is "condemed". Simply put, no longer safe to use. So we had to lay out $15,000.00 so I am taking a break from purchasing.
Work is picking up so things should improve.
All I want is a nice common date cameo Morgan. Thats my only goal for this year.
I'm even selling off a few things to get that proof.
If it doesn't work out this year there's always next year.
From what I have heard proofs are not to hard to find.

Early_Milled_Latin_America

I have 2 coins I would make an exception and buy if I can but that is it. Both are not expensive (a few hundred each max). Both rarely ever show up for sale could be years between sales or longer.

Cranium_Basher73

Other than a little silver from the mint, i only bought one coin this year. Nothing really stands out right now for me.
With the summer FUN show next weekend (I've only been to the Michigan state shows) and the release of the 2025 high relief gold creeping up, I'll probably wait until after I get the high relief. Unless something really catches my eye.

Relaxn

Well being scammed by the situation here sure puts a damper in my coin budget.

But no worries Bajjerfan was hacked so bygones are bygones.

WCC

There is only one coin I see now I am planning to buy. Otherwise, I actually hope nothing else comes up that I really want in my primary collection but if it does, I will consider it.

jfriedm56

Nope. Plan on continuing to buy if there’s something that interests me, and in my case, there are many of those options available. Looks like so far, I’m the only one in this thread that has and is continuing to buy.

JimW

Still buying if there is a good deal, but mostly looking at the last 4 to complete my 7070.

PROMETHIUS88

@jfriedm56 said:
Nope. Plan on continuing to buy if there’s something that interests me, and in my case, there are many of those options available. Looks like so far, I’m the only one in this thread that has and is continuing to buy.

I'm hoping to buy more stuff. Key date stuff and anything that catches my eye... and the wife's. Hope to pick up some additional currency this year as well.

renomedphys

Typical summer doldrums

124Spider

I stopped upgrading a couple of years ago, so went from buying a lot of coins every year to buying very few.

I don't see that changing. I enjoy the chase for a particular coin that has struck my fancy, and I'm happy to wait many months between purchases. I have only bought two coins this year (but what coins they were!), and I expect to buy two more before the end of the year.

It's a different kind of fun, and it's silly for me to be spending a huge amount of money every year on coins, at my age.

BillJones

Not here. In the past week, I’ve come second in three auctions, my usual. I did win one. I’ve got three dates left in my one a year cent set, 1793 to date.

alefzero

I am trying, since completing my die variety + die state early dollar set. But I pushed myself into doing the St. Gaudens set now, getting close the halfway. So I guess spending will continue.

BustDMs

Things just seem to find me……..

Copperindian

Take off from buying? NEVER! I’m a serial buyer of nice coins….

lkenefic

I just went to Baltimore after a near year long break from buying. Bought a couple of raw pieces to finish albums, sold a coin, and bought from an EAC dealer the last piece (certified) for my Middle Date run of Large Cents. I'm still expecting payment for some contract work, so I don't think my buying days are quite over...

alaura22

@jfriedm56 said:
Nope. Plan on continuing to buy if there’s something that interests me, and in my case, there are many of those options available. Looks like so far, I’m the only one in this thread that has and is continuing to buy.

Add me to the list, still looking and trying to buy

DisneyFan

I'm having more fun advising some good friends as to whether they should bid on coins they find at auctions. They send me the links and I give them my opinion. Later they tell me the results. It's a lot of fun spending other peoples' money.

rte592

Cut way back as I'm trying to build a larger bankroll for my vacation and still haven't paid off the last gold piece.

seatedlib3991

As a matter of fact I have decided to completely stop buying coins. 2 days after I die. James

Copperindian

@seatedlib3991 said:
As a matter of fact I have decided to completely stop buying coins. 2 days after I die. James

Good one, but how are you buying one day after you die?

Walkerguy21D

Plenty of dry powder available, but lack of desire and lack of specific coins has had me on hold since Winter FUN. But maybe I’ll get reinvigorated, and find something at Summer FUN.

seatedlib3991

Called pre -set bidding. James

lkenefic

@Walkerguy21D said:
Plenty of dry powder available, but lack of desire and lack of specific coins has had me on hold since Winter FUN. But maybe I’ll get reinvigorated, and find something at Summer FUN.

I've gotten to the point where the lack of specific coins is the bigger driver of my not buying...

WCC

"Afford" is a relative term. My coin budget comes out of what's left after I pay myself first. Recently been spending more on travel. I've almost never taken funds out of savings to buy a coin and don't intend to do that for the foreseeable future.

erscolo

It comes down to what I am seeking and what is out there. I have been working quite a bit on finishing graded uncirculated sets from 1934 through 1943. I have several in 1934 still needed, a couple in 1935, one in 1936 and one in 1942 left to go, but right now I am not actively looking. I just finished a complete set of graded proofs 1942 through 1998 with a 1951 Franklin Half Dollar, so I am enjoying that accomplishment and admiring the coins.

Walkerguy21D

@lkenefic said:

@Walkerguy21D said:
Plenty of dry powder available, but lack of desire and lack of specific coins has had me on hold since Winter FUN. But maybe I’ll get reinvigorated, and find something at Summer FUN.

I've gotten to the point where the lack of specific coins is the bigger driver of my not buying...

That, and seeing specific coins like Chain and 1799 large cents in AG deets holders going for >$5k….even with dry powder, do I REALLY want to tie it up in stuff like that?

Coins3675

I have cut back on purchases of coins that I don't really need for my collection even if they are cool. (i.e. Rainbow Toned Morgan even though I collect Barber coinage)

Catbert

I’m playing catch up due to needing to pay off auction layaway purchases. They weren’t cheap and will take time to resolve. As such, I’m broke!!!

Elcontador

I finally got my Flowing Hair Dollar from Dangerous Dan early this year. Have bought all of three coins in the last ten years. There's very little I'm looking for re my type set, and these coins rarely show up, and are expensive.

Put a new roof on the house last year, and this year, I'm taking a once in a lifetime trip this fall. Three years ago, a king penguin actually walked up to me and introduced itself. No fear. Have a big pic in my office. Can only have experiences like that in person, and that's if you're very lucky.

messydesk

I take time off buying between each purchase. Not sure how much time, as it tends to vary. Sort of like the "We have gone x days without an accident" signs in factories.

Tramp

I just retired from second career, so buying has slowed to a trickle expectedly. Fortunately, most of the really expensive coins for my collection have already been added. However, if a coin for my collection comes to market at the right price, I'll be buying. Patience is a must in this hobby; the military helped in the hurry up and wait mentality.

Walkerfan

I haven’t purchased anything numismatic in nine months. Was paying off some other debt to boost my credit score, because I needed to buy a brand new car. And so…I did just that very thing a little over a month ago. Now, I’m starting to look at coins again. I will slowly get back into it. Probably when summer is over…When the weather turns gray, then I seem to spend more time online and looking at coins. 🪙

Coinscratch

I almost never buy graded coins and when I do I almost always lose. I am infatuated at making coins, moderns because they’re the easiest. After 8 years I finally come to realize that I’m not a collector and never have been.

My driving force has always been about profit. I couldn’t care less about looking at a coin for very long. And after all the stories about what to do with my collection before I die and the heirs and so forth coupled with the fast emerging crypto market and my wins sitting there collecting dust the decision to sell everything was very easy.

I will continue to make modern wins as I do enjoy the process and the challenge but will quickly convert to crypto for my retirement and/or kids whichever comes first. Now let’s pray I never lose the keys.

DisneyFan

@Coinscratch said:

My driving force has always been about profit. I couldn’t care less about looking at a coin for very long. And after all the stories about what to do with my collection before I die and the heirs and so forth coupled with the fast emerging crypto market and my wins sitting there collecting dust the decision to sell everything was very easy.

I will continue to make modern wins as I do enjoy the process and the challenge but will quickly convert to crypto for my retirement and/or kids whichever comes first. Now let’s pray I never lose the keys.

Now you've got to tell us the secret to making money in crypto!

alaura22

@DisneyFan said:

@Coinscratch said:

My driving force has always been about profit. I couldn’t care less about looking at a coin for very long. And after all the stories about what to do with my collection before I die and the heirs and so forth coupled with the fast emerging crypto market and my wins sitting there collecting dust the decision to sell everything was very easy.

I will continue to make modern wins as I do enjoy the process and the challenge but will quickly convert to crypto for my retirement and/or kids whichever comes first. Now let’s pray I never lose the keys.

Now you've got to tell us the secret to making money in crypto!

You buy it.............

skier07

@DisneyFan said:

@Coinscratch said:

My driving force has always been about profit. I couldn’t care less about looking at a coin for very long. And after all the stories about what to do with my collection before I die and the heirs and so forth coupled with the fast emerging crypto market and my wins sitting there collecting dust the decision to sell everything was very easy.

I will continue to make modern wins as I do enjoy the process and the challenge but will quickly convert to crypto for my retirement and/or kids whichever comes first. Now let’s pray I never lose the keys.

Now you've got to tell us the secret to making money in crypto!

Don’t buy crypto

Coinscratch

@DisneyFan said:

@Coinscratch said:

My driving force has always been about profit. I couldn’t care less about looking at a coin for very long. And after all the stories about what to do with my collection before I die and the heirs and so forth coupled with the fast emerging crypto market and my wins sitting there collecting dust the decision to sell everything was very easy.

I will continue to make modern wins as I do enjoy the process and the challenge but will quickly convert to crypto for my retirement and/or kids whichever comes first. Now let’s pray I never lose the keys.

Now you've got to tell us the secret to making money in crypto!

Start buying it about 10 years ago...

Coinscratch

As usual I'm late to the party.

Bikergeek

@Copperindian said:

@seatedlib3991 said:
As a matter of fact I have decided to completely stop buying coins. 2 days after I die. James

Good one, but how are you buying one day after you die?

Maybe @seatedlib3991 is holding out some hope for a quick resurrection? But the last famous one took 3 days, as I recall... :-)

seatedlib3991

@Bikergeek . Actually, since at just about any given time I have one or more bids floating around out there, the odds i win a coin while dead aren't that bad. Even now i have a bid in the July 13th and the July 20th auctions at GC. James

jmlanzaf

@Copperindian said:

@seatedlib3991 said:
As a matter of fact I have decided to completely stop buying coins. 2 days after I die. James

Good one, but how are you buying one day after you die?

Takes time to process the credit card

TennesseeDave

I haven't bought a coin in several years due to the sky-high prices!!! The coins (XF-AU Trade $'s) I used to pay $400-500 are now $1000+. I only need 3-4 coins to finish my everymans set of circulated Trade dollars. The 73-CC is the most expensive one I need and I'm always looking, but it's hard for me to pay 3-4K for a coin I used to could get for 1K.

Smudge

Not actively buying or selling.

Walkerguy21D

@TennesseeDave said:
I haven't bought a coin in several years due to the sky-high prices!!! The coins (XF-AU Trade $'s) I used to pay $400-500 are now $1000+. I only need 3-4 coins to finish my everymans set of circulated Trade dollars. The 73-CC is the most expensive one I need and I'm always looking, but it's hard for me to pay 3-4K for a coin I used to could get for 1K.

I’d been casually wanting to upgrade my 7070 coin from XF to a nice AU for quite a while, but never found the right coin. When I got more serious a couple years ago, I couldn’t believe what AU coins were going for - and I’m just looking at the common dates!

pcgsregistrycollector

@Tramp said:
I just retired from second career, so buying has slowed to a trickle expectedly. Fortunately, most of the really expensive coins for my collection have already been added. However, if a coin for my collection comes to market at the right price, I'll be buying. Patience is a must in this hobby; the military helped in the hurry up and wait mentality.

Thank you for your service.

@TennesseeDave said:
I haven't bought a coin in several years due to the sky-high prices!!! The coins (XF-AU Trade $'s) I used to pay $400-500 are now $1000+. I only need 3-4 coins to finish my everymans set of circulated Trade dollars. The 73-CC is the most expensive one I need and I'm always looking, but it's hard for me to pay 3-4K for a coin I used to could get for 1K.

Same here. Remembered when I could go to the LCS and cherrypick buckets of silver for keys. Now I can
t even do that if i tried

WCC

@TennesseeDave said:
I haven't bought a coin in several years due to the sky-high prices!!! The coins (XF-AU Trade $'s) I used to pay $400-500 are now $1000+. I only need 3-4 coins to finish my everymans set of circulated Trade dollars. The 73-CC is the most expensive one I need and I'm always looking, but it's hard for me to pay 3-4K for a coin I used to could get for 1K.

I'll pass with a similar situation, and it's likely I will if I can even find the coin. As much as I like my primary interest, I'd rather not complete it.