What's the longest you've gone without buying a coin?

nwcs · May 4, 2003 2:49AM

Not because you were temporarily out of the hobby, but to save money to buy something special.

ms71 · May 4, 2003 2:55AM

Normal for me is about two to four months, it takes that long to recharge the war chest for the next purchase.

ARCO · May 4, 2003 2:57AM

Two to four months! Ooooh that would just kill me! I cannot go one day if a coin worth buying presents itself.

Tyler

nwcs · May 4, 2003 2:58AM

I've been one of those "take a little out each month" type of collectors. I've been thinking, though, of saving all that money till the end of August and buy me a really nice liberty $20 for my birthday. I figure I can get a MS-63 that looks nice for reasonable money. Just not sure if I'm patient enough.

Delayed gratification...

theboz11 · May 4, 2003 2:59AM

Just long enough to find something I just can't live without.

jdimmick · May 4, 2003 3:15AM

The time it takes for something to come available, that I want and more importantly that I can afford.

ms71 · May 4, 2003 3:21AM

When I got restarted collecting about three years ago, I would make acquisitions that later turned out to be mistakes. I let them go, usually at a small loss, and finally found what I really enjoyed - nice "PQ" type gold, mostly MS64, and gold dollars, also mostly MS64s. There's just no way I can afford more than a very few additions a year, so most of the time I'm waiting & studying while the cash slowly accumulates. It's really not as bad as it sounds, once you've discovered which coins really please you, and how long it takes to find a suitable candidate. I haven't bought a "mistake" in quite awhile, all the waiting makes you that much more selective.

cointagious · May 4, 2003 3:25AM

what time is it now?

jdimmick · May 4, 2003 3:30AM

I like your comment MS71,
I too learned several years ago, not to impulse buy for my collection. After making a few buying mistakes in past years. Ive learned to be more patient, and look for the piece that fits me next. I dont mind at all paying the stronger money for the right coin, and actually expect too, but waiting for it to come available is the key for me.

barberlover · May 4, 2003 4:26AM

When i sold my collection in the spring of 89, i had no intention of leaving the hobby, i just needed the money for wedding costs and furniture. However i did feel prices for the entire coin market were to high and due for a correction so after i was married i deceided to wait to see what would happen before buying another coin.

Within 6 months the crash started and i decided to wait for the dust to settle before reentering purchasing coins but the dust really didn't settle for years. From my last purchase in the spring of 89 to my next purchase was 10 years, but i wouldn't really call what i did leaving the hobby, more like a leave of absense. Les