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Do you collect expensive and inexpensive coins?

WondoWondo Posts: 2,916 ✭✭✭
In other words, what is the ratio of the top $$$ coin in your colelction to the bottom $$$? Mine is about 25:1. $25 bucks spent on my most expensive coin to the $1 dollar on my least. Does anyone care?
Wondo

Comments

  • RussRuss Posts: 48,514 ✭✭✭
    I'm poor, so I only collect inexpensive coins.

    Russ, NCNE
  • I care.image

    My ratio is about 400,000:1. My priciest coin is about $4,000. My cheapest is a penny I just pulled out of circulation and stuck in a Whitman folder.image
  • My most expensive coin is a 1994-P Proof Silver Eagle still in packaging worth about $100.My cheapest are worth face value.
  • jdimmickjdimmick Posts: 9,668 ✭✭✭✭✭
    Depends on what you call expensive. This can very greatly depending on ones financial status.

    I can say this after returning to coins about 7 years ago, my tastes have greatly changed. When I first re-entered the coin buying seen, I was merely trying to obtain as many key-coins as possible from several of the different series. As I did this, I also kept an eye out for upgrade candidates along the way. As time went on, I found my self spending more money on pursuing upgrades than seeking addditional dates. The higher in grades I went, the more money per coin I was spending. But by doing this, I really began to appreciate the quality of owning higher graded/choicer key-dates, even if this meant a reduction in the number of coins I owned. Today more than ever, I am very selective in the pieces I buy, and even though the number of coins I have has reduced, the quality has greatly improved.

    jim d
  • GeminiGemini Posts: 3,085
    I'm on Social Security...I now pick up pennies from the floor when there is someone around to help me get back up...
    A thing of beauty is a joy for ever
  • WondoWondo Posts: 2,916 ✭✭✭
    I am trying to keep absolute $$$ out of this - everyone's budget is different. My most expensive coin cost me 25 times what my least expensive one did.
    Wondo

  • rainbowroosierainbowroosie Posts: 4,874 ✭✭✭✭
    I buy "expensive" coins -- I sell "inexpensive" coins.............image
    "You keep your 1804 dollar and 1822 half eagle -- give me rainbow roosies in MS68."
    rainbowroosie April 1, 2003
  • nwcsnwcs Posts: 13,386 ✭✭✭
    I only collect inexpensive coins now. I find I'm happier not chasing things and letting rich people buy expensive coins. There are many great coins they ignore. image
  • <<I'm poor, so I only collect inexpensive coins.>>

    I second that!

    Craig
    The Rede we live by: If it harms none, do what you will.
    image
  • merz2merz2 Posts: 2,474
    I also have a few pricey coins,but definitely the low value coins out number them.I don't mind having both.
    Don
    Registry 1909-1958 Proof Lincolns
  • RGLRGL Posts: 3,784
    I like to turn inexpensive raw coins into expensive slabbed gems! image (Expensive to me, anyway ... I know it's all relative)
  • relayerrelayer Posts: 10,570

    I guess it depends on your definition of expensive.

    Anything I can't afford is a bazillion dollars, so I only collect coins under a bazillion dollars.
    image
    My posts viewed image times
    since 8/1/6
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>I like to turn inexpensive raw coins into expensive slabbed gems! >>



    And, I like to help him with that! image

    Russ, NCNE
  • DHeathDHeath Posts: 8,472 ✭✭✭
    I like to turn inexpensive raw coins into expensive slabbed gems! image

    I've tried that, and just never have any luck.image
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • haletjhaletj Posts: 2,192
    I collect Lincoln Cents 1909-date, so I have an 09-s vdb and 14-d right there along with 1945-s or 1970 or 2003
  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    Yes I do. image

    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • Yes, I do -- probably at about a 100-1 ratio. I buy some more expensive coins for my gold type set or my uncirculated liberty nickel set, both of which have been my focus since I re-started collecting a year and a half ago. But I want to get "back to basics" and work on some circulated sets that I was pursuing as a kid and gave up on long ago. Variety 3 liberty seated dimes in lower circulated grades, for example. I think this will give me a chance to hone my numismatic skills without relying on the crutch of the grading services (since I'd inevitably buy these raw), and will help me finish out a mini-set that I haven't touched since I was a kid. I've always loved those dimes with arrows at the date...
  • image

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