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Average amount spent on coins per year

marmacmarmac Posts: 1,437 ✭✭✭
in U.S. Coin Forum
I am curious on the average amount the average coin monger spends a year on coins.
I spent twice as much this year then last............3k for the year and it aint even over yet!
I will post another pic for the hell of it...........recent purchase

Comments

  • ARCOARCO Posts: 4,396 ✭✭✭✭✭
    8K - 10K a year with about 2/3 recycling back via sales to buy more coins.

    Tyler
  • KlectorKidKlectorKid Posts: 3,723
    2k is my limit, I am new but in 1/3 of a year I spent 1/3 of my budget so i think it is right for me. U guys probably pay more than 2k per coin image
    image
  • WisconsinWisconsin Posts: 645
    Usually about twice what I make. Thats what makes it all fun. Creative financingimage
    image
  • FrattLawFrattLaw Posts: 3,290 ✭✭
    Interesting post, my wife and I were just "discussing" this last night. My opinion, not enough, her's --- well you can just guess.

    So far I would say I spent $2-3,000 on coins and related expensives ie, postage, grading fees, publications, supplies.

    And so far I've managed to complete proof Ikes, SBAs & Sacs and now I've started a toned Peace set, which will probably cost more then the other 3 combined. I also managed to put together a Dansco Ike & SBA set as well as finish a Lincoln 09-81 Whitman Album and a LOC Toned Dime set 46-64

    Bargains are there to be found if you look hard enough.

    Michael

    MW Fattorosi Collection
  • RoverRover Posts: 157
    Last year- $35,532 oh and umm 60 cents. No kidding, I tracked it that close.

    Dan
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    Simply said, too much! Or wait, maybe not enough!imageimage

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • MastaHankyMastaHanky Posts: 933 ✭
    I'm also in the $2-$3k range...closer to $3k this year.
  • PTVETTERPTVETTER Posts: 5,937 ✭✭✭✭✭
    you want me to tell you what i spend where my wife can read it?image
    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭
    Maybe a few hundred- I can't afford all that much image... yet image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • gmarguligmarguli Posts: 2,225 ✭✭
    Spend in what sense? Does that include total outlay for coins and everything else? Slabbing? Coins intended for resale? Just personal collection? Trades?


    Last year- $35,532 oh and umm 60 cents. No kidding, I tracked it that close.

    The most stomach turning time was when I added up all my receipts and one month it totaled over $10,000. That was for slabbing fees only. image Thankfully, I've recovered from that and now slab in moderation. And to be fair, practically all those coins sent in for slabbing were for resale.
  • mr3holesinonemr3holesinone Posts: 444
    Unfortunately, for my check book, I spend more than half of what I make on coins, the rest on golf and a few sports cards now and then.
    Holes-in-One
    1. 7-17-81 Warrenton GC Driver 310 yards 7th Hole (Par 4)
    2. 5-22-99 Warrenton GC 6 iron 189 yards 10th Hole
    3. 7-23-99 Oak Meadow CC 5 iron 180 yards 17th Hole
    4. 9-19-99 Country Lake GC 6 iron 164 yards 15th Hole
    5. 8-30-09 Country Lake GC Driver 258 yards 17th Hole (Par 4)

    Collector of Barber Halves, Commems, MS64FBL Frankies, Full Step Jeffersons & Mint state Washington Quarters
  • wingedlibertywingedliberty Posts: 4,805 ✭✭✭
    About $8000.00/yr.
  • my3centsmy3cents Posts: 1,411
    wayyyy toooo dammmmmm muchhhh!!!!!!

    PSST: don't tell my wife, okay? image

    My Auctions
  • sumnomsumnom Posts: 5,963 ✭✭✭
    I'm with airplanenut on this one. image
  • bigbadchad777bigbadchad777 Posts: 1,835 ✭
    Between $10,000.00 - $15,000.00! image
  • relayerrelayer Posts: 10,570 ✭

    My coin jones was pretty bad this year. Let's just say I've spent $2,031.74 in shipping and leave it at that. image
    image
    My posts viewed image times
    since 8/1/6
  • Dave99BDave99B Posts: 8,529 ✭✭✭✭✭
    I try to keep in the $6,000 area, which is difficult at times......some years I go 40%-50% higher, especially if a difficult coin becomes available.

    Dave
    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • PushkinPushkin Posts: 2,029 ✭✭✭

    I don't want to know. Ignorance is bliss in this case.image
  • jbstevenjbsteven Posts: 6,178 ✭
    i would say roughly 20-25 k in the last 6 months. my wife does not care either! woooohoooo she is not one of those women who say where is all OUR money. I did give her a tummy tuck and liposuction (she had 2 kids) which set me back 9,000, but she is all happy now. Owning my own business at 32 sure is nice.
  • berylcoinberylcoin Posts: 365
    Is it possible to become physically/mentally ill from coin-budget-envy?imageimage

    I spend less than $500 at most, but I enjoy every cent spent (or bought).image

    BC
    Dip Happens...image
  • EVillageProwlerEVillageProwler Posts: 5,856 ✭✭✭✭✭
    I spend more than I should, and I will need to dramatically cut down on the spending.

    EVP

    How does one get a hater to stop hating?

    I can be reached at evillageprowler@gmail.com

  • coppercoinscoppercoins Posts: 6,084 ✭✭✭
    Roughly $8K, all raw, no slabbing fees.

    First year in three that I didn't sell a single coin. Didn't want to, and didn't have time to mess with it anyway. the upcoming online store will change all that dramatically.
    C. D. Daughtrey, NLG
    The Lincoln cent store:
    http://www.lincolncent.com

    My numismatic art work:
    http://www.cdaughtrey.com
    USAF veteran, 1986-1996 :: support our troops - the American way.
    image
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    This is a trick question, right? Who in their right mind will put on an internet chat room how much they spend, unless you have a really cute answer, right? Eleven posts gets "net $90K"? Must be a joke thread. image
  • gmarguligmarguli Posts: 2,225 ✭✭
    RegistryCoin, come on, this thread goes along with the "what zip code do you live in" and "where do you store you coins" threads. I'm sure there is no harm. Play along. image
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    ok, sorry. I spend all the money on coins, that doesn't go to anger management classes. image
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    No offense to Eleven Posts, or anyone else, but I just don't get it. Eleven Posts gets "play along" and our own respected Pat, for just one example, gets lambasted from all sides for his cuteness, one which, if you look back, I encouraged all of you to "play along" with. Interesting...
    Time for the damned "Barney Song"?

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