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The Cost of Your Coins. Fess up here.

FairlanemanFairlaneman Posts: 10,424 ✭✭✭✭✭
in U.S. Coin Forum
Has this ever been brought up ?

Are you basically what I would call cheap, buying a coin only when it is a real deal ? Frugal, using caution and buying only when you think the coin and price are right ? Or do you use No caution at all, buy the coin no matter what when you want it ?

I fit into the Frugal section of this and sometimes sliding into the Cheap section. Nice coins have been passed up when the price and myself do not agree. The therory that another will come along is used.

Ken

Comments

  • mdwoodsmdwoods Posts: 5,549 ✭✭✭
    I try to be like the second choice but in reality I'm more like the last choice.image
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.
  • prooflikeprooflike Posts: 3,879 ✭✭
    I'm chep to frugal, but have been the latter at times.
    image
  • LucyBopLucyBop Posts: 14,001 ✭✭✭
    I'm as cheap as they come, don't wanna part with a cent!
    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
  • LakesammmanLakesammman Posts: 17,417 ✭✭✭✭✭
    I'm both. When a great coin comes along, I'll spring for it. With the common coins (needed to fill out a date set), why not squeeze every cent out of the deal??
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • FairlanemanFairlaneman Posts: 10,424 ✭✭✭✭✭
    Parting with a cent is easy. Parting with a Dime is darn tough. More opinions are probably available on parting with quarters, halves and dollars.

    Ken
  • Dave99BDave99B Posts: 8,608 ✭✭✭✭✭
    For my own collection, if I had to pick just one, I'd say "No caution at all, buy the coin no matter what when you want it". For buy/resale purposes, well, that's a different story.

    Sometimes I'm downright foolish. But only when I see something that won't be coming along soon. For those babies, I open up the pocketbook VERY WIDE ...

    Dave
    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • beartracks42beartracks42 Posts: 2,834 ✭
    I tend to be frugal most of the time...looking for the right coin at what I feel is an affordable price.

    But, every now and then, I go completely nuts!!! Just ask my wife.image
    Gary
    image
  • nwcsnwcs Posts: 13,386 ✭✭✭
    I buy the coin I want when I want it. image I don't wait to buy certain coins. Although periodically I'll sell some coins to buy something better.
    Blog and Pics
  • joejewelerjoejeweler Posts: 589
    I've heard that about Lucy......but i like her anyway! image



    << <i>I'm as cheap as they come, don't wanna part with a cent! >>

    The Ex-"Crown Jewel" of my collection! 1915 PF68 (NGC) Barber Half "Eliasberg".

    Once again resides with Legend, the original purchaser "raw" at live Eliasberg auction. Laura and i "love" the same lady!

    image
  • LucyBopLucyBop Posts: 14,001 ✭✭✭
    you bully... thats not what I meant''''



    BANN'D!!!!!!
    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
  • jonesyjonesy Posts: 5,031
    Okay now!! Don't pick on Lucy. You might find yourself at a big disadvantage!!imageimage
    Glenn
  • cladkingcladking Posts: 28,701 ✭✭✭✭✭
    My philosophy has always been buy anything that is offered too cheap and
    never sell unless offered too much. "Cheap" is a relative term and like
    "beauty" is only in the eye of the beholder. Sometimes "cheap" is many
    multiples of bid and "too much" is unobtainable.

    Of course for some coins we treasure even "too much" isn't nearly enough.
    Tempus fugit.
  • jonesyjonesy Posts: 5,031
    Huh?
  • jonesyjonesy Posts: 5,031
    image
  • VonZipperVonZipper Posts: 707
    Frugal, I try to pay with greenbacks that way I don't have to part with any coins.imageimage

    Pennies make dollars, and dollars make slabs!

    ....inflation must be kicking in again this dollar says spend by Dec. 31 2004!

    Erik
  • RELLARELLA Posts: 961 ✭✭✭
    Some coins bargain basement (although I'll refuse a LQ coin even if the price is nice).

    Most coins reasonable (PQ coins at normal retail price through dealers I deal with A LOT).

    Some coins so far over full retail most anyone would think I am crazy (super PQ coins).

    RELLA
    Do not fall into the error of the artisan
    who boasts of twenty years experience in his craft
    while in fact he has had only one year of experience...
    twenty times.
  • ConstellatioCollectorConstellatioCollector Posts: 1,909
    I am the first to admit it... I will spend the extra few bucks for quality!!! I really don't want the low quality coin.

    Jim
    Constellatio Collector sevenoften@hotmail.com
    ---------------------------------
    "No Good Deed Goes Unpunished!"
    "If it don't make $"
    "It don't make cents""
  • constructconstruct Posts: 932
    I am cheap sliding into frugal.
    The strangest things seem suddenly routine.
  • Cam40Cam40 Posts: 8,146 ✭
    I cant afford to be frugal..........lok thats an oximoron.

    I mean I think I have to just buy it and maybe upgrade in the future.
    I feel like if I dont buy now, then either it will go up in price or I may not have another opportunity
    to snag the piece I,m looking at.

    With this idea though I,m soon to be flat broke if I get much more into this hobby.
  • DennisHDennisH Posts: 13,997 ✭✭✭✭✭
    I'm neither... but I am picky as all get-out.

    And when a coin comes by that is everything I want, I don't often let something as minor as price get in the way of adding it to my collection.
    When in doubt, don't.
  • paigowjohnnypaigowjohnny Posts: 4,257 ✭
    one of my coin club buddies summed it up...." Coin collectors are the cheapest people I know..." image
  • barberloverbarberlover Posts: 2,228 ✭✭
    i go with my instincts, no rule is set in stone for a coin that grabs me. But there is a practical side to it to, for example; if it's a nice coin for the grade but i think i can find one just as nice for less, i'll pass.

    If it's a coin that cannot easily be replaced and it's highend i will pay what i think the dealer paid plus a fair profit margin, for such a coin i will try to obtain it above sheet values within reason, but i won't pay double bid for a coin unless i think it was undergraded.

    Everyone thats seen the coins i have has said i have a good eye, so maybe being practical is not the same as being a tight wad, after all, dealers aren't selling me coins at cost, so they must think i'm paying them fairly. Les
    The President claims he didn't lie about taxes for those earning less then $250,000 a year with public mandated health insurance yet his own justice department has said they will use the right of the government to tax when the states appeals go to court.
  • python1python1 Posts: 789
    Frugal, but does depend on the coin and the need of the coin at the time. Call me Cheap...image
    Dennis

    My Dimes

    << If it's worth doing, it's worth doing right the first time! >>

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