How much $$$ will you spend

LovethoseIndians

This is sort of a "pulse" type poll into the economy of the hobby

nwcs

I put myself down for $500-1000 which is significantly less than last year. But this year I'm going to lead more with my head than with my heart on purchases.

airplanenut

I hope to beat $500

LovethoseIndians

I have spent wayyyy too much the past three years (around $13,000 in that period). I have one "key" (1916d Merc) to buy this year and after that I am going to fill some albums like Ike's, and Jeff's that are much, much cheaper

LovethoseIndians

Interesting that most so far are in that 500-1000 column

Conder101

I'm in the over $4,000 group, I'm almost halfway there already and there is another Conder token auction coming up in two weeks.

LovethoseIndians

I was with you the past three years ($13 grrrr)....Now I need a new bathroom and a roof

LucyBop

i'm too poor.... can't buy a thing!

Fairlaneman

You forgot the " No Clue" option. Available correct coins makes this decision if money is spent. No coins nothing spent.

Ken

agentjim007

Not much this year. I'll sit back and watch this super nova, ardent, baking, blazing, blistering, boiling, broiling, burning, calescent, close, decalescent, febrile, fevered, feverish, feverous, fiery, flaming, heated, humid, igneous, incandescent, on fire, ovenlike, parching, piping, recalescent, red, roasting, scalding, scorching, searing, sizzling, smoking, steaming, stuffy, sultry, summery, sweltering, sweltry, thermogenic, torrid, tropic, tropical, very warm, warm, white hot market take my coins to the stratosphere.

PutTogether

This year the money I would normally spend on a watch is getting re-directed into the coin fund. That should put me at around 5K

JohnZ

I spend about 10K a year, and if I could, I'd spend more.

More more MORE!!!

BillJones

I'll be over $4,000 if I can find the coins rate the expenditure. Last year I spent more than that on the one big coin I purchased for myself last year, an 1811 half eagle in PCGS AU-55.

No, you can't buy coins like this for Gray Sheet bid, not even when you are a dealer.

Tsimmerdown

My budget is going to be $100 / month, so if I spend 300, that eats up 3 months worth of budget. However, I may make that a "net budget" as in my gross spending might actually be higher. If I sell some items that get replaced by nicer items, this income should get added back into the budget, since it simply lowers the price I paid for the upgrade. Therefore, my budget should really be set as purchases - sales = $1,200. So if I buy $1,500 worth of stuff, and sell $300 worth of stuff, I should still be OK, right?

However you want to justify it!

mgoodm3

Around 10K

dddangerousdan

I put $100-500. It will be a lot more if I find a job.

DAN

RiffRaff1967

501 - 1000. Wish I could spend more than that, but I think that I do pretty good given my budget.

LovethoseIndians

Thanks for playing, and its rather interesting to see that budgets are across the board. When I first started collecting $5.00 was a lot for any one coin....Now I don't think there is a coin that I have purchased (other than Ike's) for less than $50.00

Merc

I'm not sure how much I will spend exactly. I dont' really plan or budget for it. I buy when a nice coins comes along and seems to be a fair price. Still, that put me on the high end of your poll.

Shamika

Clearly, the poll needs a better spread. Over half of the 61 respondants are planning on spending more than $4K this year. Hell, I'll bet more than a third will spend more than $10K.

LovethoseIndians

Good point Shamika

boz

Voted the (f) option, but that is no where near what I'll spend this year. Multiply by 5 and maybe it will be close.

flaminio

I agree with Shamika -- there needs more of a spread. I'm already over $2000, and January's not even over yet.

Also -- there's no "Less than $100" category -- and I'm sure some folk fit in that category, Ghod love 'em.

LAWMAN

agentjim: too bad you couldn't think of any good descriptions of the over-hyping of the market. NOT. ROTFLMAO

relayer

I've spend $2,236.44 so far this year - and it's only January

nepbrs44

Tuff to figure out a budget but it sure would help.......my spending this year could go between 3-6k just depends on what I see and want...........well come to think of it I better stay away from want that could make it 20k!!!

Neptune

Not as much as I want, and less than before, as money is re-directed also, to pay off my other investment . . . the farm!