I'm back to my box of twenty coins

Wondo

I may go back to just ten. I buy stuff I like, but when I get them home, they often don't compare. Once in a while a new family member sneaks in, but I cannot afford them all. Actually, my favorite is one of the less expensive coins I own.

Anyone else play such a musical chairs game with his/her coins. How many coins are in your primary collection? I currnetly only collect one series - $20 Libs. They are beautiful!!

CarlWohlforth

I like the concept of keeping only 20 coins. I have weeded my collection down a bit. But as a type collector I'm still looking at way, way more than 20 coins

Shamika

The more, the merrier!

Too much is not enough!

Gimme, gimme, gimme!

Greed is good!

originalisbest

I can agree with theory in concept from a purely investment-oriented point of view, but...

for most beginning collectors, it might be a mistake to save and save for a "biggie" but get taken as you haven't yet earned your stripes in seeing what makes a coin rare and a good (even if expensive) buy...

for a wealthy collector, sure, but what's a few inexpensive pieces in addition to your box of 20?

- one famous collector extraordinaire, Virgil Brand, certainly didn't heed the box of 20 advice!

Shamika

Virgil couldn't keep to 20 cabinets of coins!

ms71

I limit myself to one box of 20 also, but will probably add a second box before too long. I've been working on the first box for almost 5 years, and currently stand at 19 coins. I do not collect on an "investment" agenda at all, but it has made me a much more selective buyer and I don't have any coins that aren't "favorites".

BAJJERFAN

I have 6 or 7 blue boxes full.

mgoodm3

I need to pare down some of the unneeded coins I have. I'll probably give some away when I hit 2500 posts.

Shamika

mgoodm3,

Give them to me!!!!!

RWW

I have a tough time keeping it to 20. I have 7 or 8 boxes of coins that there is no way I would part with, and I'm always looking at adding to my collection. The problem is that there are so many beautiful coins out there and the series I'm working on take both time and money. So...20 just isn't enough. Now, 200...now that's a goal to aspire to!

BigMoose

I like the "box of twenty" idea. But my problem is that one box of twenty soon becomes a box of twenty early date Large Cents, and a box of twenty 1794 Large Cents, then a box of twenty proof Indian Cents, and a box of twenty proof Indian Cents with superb color, etc. etc. It really is a sickness!

291fifth

<< <i>I can agree with theory in concept from a purely investment-oriented point of view, but...

for most beginning collectors, it might be a mistake to save and save for a "biggie" but get taken as you haven't yet earned your stripes in seeing what makes a coin rare and a good (even if expensive) buy...

for a wealthy collector, sure, but what's a few inexpensive pieces in addition to your box of 20?

- one famous collector extraordinaire, Virgil Brand, certainly didn't heed the box of 20 advice! >>



Virgil Brand is a very interesting case. He just bought and bought and bought. I understand that at the time of his death there were nearly a month's worth of unopened packages of coins sent to him by various dealers. Several large dealers of the day apparently had to scale back their operations after his death because he represented such a large part of their business!

mozeppa

oh my! i have over 900 coins! 60% of those are graded....is it a rule?...must keep at 20 or fewer?

Robgetty

I've heard people talk about that sort of thing before for investments.
I just can't imagine doing it for any real collection. My modern proof
registry set needs 2 boxes, my complete type set is only around 30%
complete and needs multiple boxes. My 1872 year set has almost 40
coins and there are still many coins to go.

I couldn't imagine having to limit myself to only 20. Heck, how about
sets of lincolns, franklin halves, 2 cents, etc?

barberlover

The box of twenty theory has nothing to do with being rich or being an investor. It's about evaluating your holdings from an eye appeal point of view, are you happy with whats in the first box of twenty before you go onto a new box and buy coin 21. Thats what its about.

If being rich were part of it I sure wouldn't believe in it.

Les

Donovan

<< <i>I may go back to just ten. I buy stuff I like, but when I get them home, they often don't compare. Once in a while a new family member sneaks in, but I cannot afford them all. Actually, my favorite is one of the less expensive coins I own.

Anyone else play such a musical chairs game with his/her coins. How many coins are in your primary collection? I currnetly only collect one series - $20 Libs. They are beautiful!! >>




All kidding aside, there was a dealer in coinworld, I forget who, a few years back that advocated keeping only a "box of twenty". I always thought that was a very cool way to approach collecting but it never caught on.

Dollars

Box of 20

zenny

box of twenty:

all denominations of U.S. coins from 1/2 cent to $50, excluding $4 gold and $25, (includes 1 each of 3 cent nickel and silver but only 1 nickel, no half dime ), also included are one colonial, one commem and my favorite error coin.

exactly twenty, it's my denominational type set and eventually it will be all i own (yeah, sure), subject to intermittent upgrading and probably removal of 3 cent nickel so i can put one of Rick Kay's nice patterns in there.

z

Dabigkahuna

That is exactly how I do my Morgan Dollars!

Really! I only replace a coin in that box with one that I like better. Nothing gets sold until it becomes coin 21, for the most part!


Nothing "killer" in the box, there is even a common date in XF45 but they would likely be the ones I keep if I ever sold everything.

Larry
Dabigkahuna