Do you collect expensive and inexpensive coins?
Wondo
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
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Russ, NCNE
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.
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
rainbowroosie April 1, 2003
I second that!
Craig
Registry 1909-1958 Proof Lincolns
The Ludlow Brilliant Collection (1938-64)
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.
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<< <i>I like to turn inexpensive raw coins into expensive slabbed gems! >>
And, I like to help him with that!
Russ, NCNE
I've tried that, and just never have any luck.
and it sets us apart from practitioners and consultants. Gregor
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"