The most undervalued aspect to coin values is.....

dorkkarl

..... enjoyment. plain & simple.

too many of us are too worried about measuring the coin against other people's coins, ie how does my collection rank against others? did i pay too much? was it graded too high? will it go up in value?, could i have gotten a nicer 1? is it in the right slab? should i be collecting what's hot? what do i need to buy to bump my registry set? is it cleaned? what everyone else going to think of it?

enjoyment of your coins can't be quantified, but you'll know it when you experience it.

i don't think your enjoyment of your coins is really possible as long as your more worried about what others think than you are about what YOU think, of your coins.

when you get down to it, even grades don't really matter. if the coin is going to go into YOUR collection, all that YOU like the coin.

K S

Fairlaneman

No way is it enjoyment. Which Plastic it is in or if it is better than the next guys is really what is under valued. Plain and Simple.





Ken

MrEureka

Karl, I disagree!

Virtually NONE of us would buy anywhere near as many coins if we didn't enjoy them. We must place a tremendous value on the enjoyment factor!

Clankeye

Karl--

As you used to say "bingo!"

I posted this in a thread yesterday, and I stand by it:



<< <i>I've been doing this off and on for more years than I care to admit, and the longer I do it the stronger my conviction grows that the rewards are totally personal. And to seek any kind of blessing, or validation from outside sources is bound to lead to confusion and unhappiness. >>



I am finding an enormous amount of pleasure in coins these days. And I am finding it in areas that would have astounded me even a year ago.

Don't let your collecting get stagnant.

Don't feel compelled by anything other than your own desires to purchase a coin.

Don't listen to guys like Clankeye.

Clankeye

Baley

I think there's plenty of enjoyment in coins, it's just that folks enjoy coins (and other stuff in their lives) differently; each collector approaches the hobby from their unique perspective. Some actually enjoy the measuring aspect of coins: the grades, prices, and by variously exploiting and complaining about the vagaries of the graders and the markets. Some collectors prefer quiet study and reflection, learning about the applied science of minting little disks of metal into coins, and what happens to them afterwards. Some participants enjoy noise and controversy and like to "stir things up". Some coin buyers thrive on the competition for rank and the "chase" of "scores" "rips" and "upgrades" and "snipes" when buying and count profits when selling, some collectors assemble collections of amazing depth and scope and structure, others have accumulations of coins they "bought just because they liked. And none of the above is mutually exclusive; a collector can ENJOY a blend of activities, and will myself admit to enjoying all of the above, and many other things about coins, their beauty, history, artistic merits as well as financial values. But I do see what dorkkarl means, if you read some of the threads on here sometimes you might get the idea that some folks "just don't get it" but again that's just an opinion and maybe it's me who dont get it.

dorkkarl

baley, my point is the measurement against someone else's standards. listen to the questions folks ask of dealers on the bourse floor these days.

"what's bid?"
"what's the pop?"
"is it a shot-64?"
"has that been cleaned?"
"you think that would cross?"

sometimes, i hear these questions asked before the person has even looked at the coin in-hand!

K S

coinkat

dorkkarl:

Unfortunately, I have to agree with you on this one. However, I will defend those that are concerned about spending good, hard earned money that just what to make sure they are not getting taken to the cleaners...(and the poor pun was intended)