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Will coins appeal to auto collectors?

topstuftopstuf Posts: 14,803 ✭✭✭✭✭
I have done both and just wonder if coins are the "next" phase for car collectors.

I tend toward "yes" as they are both "prestige" items appealing to those searching to "out-do" each other and they are both made of metal which makes em "macho" (even though many ladies like em too)

I quit the cars because I got tired of watching them if we took em anywhere and insurance, storage, having to run them regularly, etc. Just a PITA.

Both have prestigious "shows."

And coins have the "portability" factor and ease of storage.

image

Comments

  • nOoBiEeEnOoBiEeE Posts: 1,011 ✭✭
    I wish I had the money to "collect" cars..image
  • XpipedreamRXpipedreamR Posts: 8,059 ✭✭
    I have a POS car...couldn't care less.
  • KoinlinkKoinlink Posts: 593 ✭✭✭

    Quite possibly. I recently sold this on eBay to someone who appears to be a car enthusiast:

    Auction Link

  • DeepCoinDeepCoin Posts: 2,781 ✭✭✭
    You have the ability to drive a car, unless you own a trailer queen. For me, I would rather have an XKE driver (Barrett-Jackson rated 3) than a trailer queen that you could not drive because you would kill the value.

    Coins have a different appeal to me, and I like both. Ken (Fairlaneman) would have some insight here from another car guy perspective.
    Retired United States Mint guy, now working on an Everyman Type Set.
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    nOoBiEeE

    "Wishes" come true if you do your part. When I started in coins, we had $4,000 to our name and two kids and a $154 mortgage that was hard to meet some months.

    "Money" is easy to get if you are motivated.

    When I was a kid, I turned down a dual-cowl Duesenberg touring car at a local JUNKYARD cuz it was $500!

    I sure wanted that car. Even as the rustbucket it was.

    Never worry about what you can afford. Want it bad and figger out how to get it.

    image
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Deep Coin

    I agree. Had no "trailer queens." But the nice "drivers" still attracted ...um... "parts seekers" and when going to lunch meant having to find the ....visible..... parking place, it was time for ME to quit.

    Also advancing age means less time to ENJOY waxing, dusting, vacuuming, washing, and such fun.

    And driving on today's streets is an exercise in vehicular dodgeball no matter WHAT the vehicle.

  • cladkingcladking Posts: 28,656 ✭✭✭✭✭
    At one time coins and stamps were far and away the most widely collected items and
    both became victims of their own success; stamps through a proliferation of new issues
    and excessive numbers of stamps being saved, and coins through the collapse of a spec-
    ulative market and to a far lesser extent the degree to which this hurried the transition
    to clad coinage. While coins may never again reign supreme it wouldn't be surprising to
    see them recapture much of their former glory. One can again find coin magazines on the
    shelves of retailers and folders are being sold at most major book sellers. These fact alone
    would seem to indicate there could be years of growth in the hobby.
    Tempus fugit.
  • NysotoNysoto Posts: 3,818 ✭✭✭✭✭
    Only a very small percentage of car nuts collect coins. I like both, have been more into coins the last five years, but there is a '39 DeSoto out in my barn waiting to be restored. I am getting very itchy to get started. Next Spring.

    I like original cars and original coins, I will keep the original interior on the '39 and my '50, just a brake overhaul and some engine work. It has the rare aluminum head option, the engine is original red color, surprising torque 180 ft/lbs for a '39.

    Not many car nuts will convert to coins.

    Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
  • razorface1027razorface1027 Posts: 4,242 ✭✭
    Sure! I can see it now...A nice $20 St Gaudens or even a nice MS-67 or 8 Morgan dollar as a hood ornament.image
    What is money, in reality, but dirty pieces of paper and metal upon which privilege is stamped?
  • NysotoNysoto Posts: 3,818 ✭✭✭✭✭
    Razor,

    The hood ornament of the '39 is well proportioned goddess, not unlike the draped bust coins I collect. Must be a subliminal connection of some sort.
    Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
  • RotatedRainbowsRotatedRainbows Posts: 2,085 ✭✭
    I seriously doubt there is any correlation between the two hobbies, I have never really considered coin collecting as a "Prestige" thing. About the only people who I know of who try to "out do" each other is the registry crowd. Coins Macho, never heard that one before.
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Oh coins are "prestige" all right. Otherwise why put "Eliasberg" on a slab? Provenance? BS. A document linking the slab number to the name would suffice. But do we want "sufficient?" Nope. We want the NAME blazing a loud "NEENER NEENER" to all observers.

    And coins are definitely "macho." I have dealt in antique cars, antique toys, Rolex watches, guns, coins, diamonds, Japanese swords, WW2 memorabilia and the guys who collect them seriously ..... STRUT!

    And is there ever a hierarchy! Let a "big spender" hit a show or a shop and he (or she) is treated like a KING!

    Metal, minerals, tin things, ANY item of extreme value for size or with a SHOW aspect.....BLAMMO!

    Part of it is perhaps "subliminal" but such stuff also attracts "eye candy" women. Believe it! I knew a coin dealer whose practice was to travel with a lady who attracted a whole BUNCH of ...."machos." And he sold a LOT of coins. I sometimes wondered if the coins were even LOOKED at.

    Ask your coin DEALER if this isn't true.



    image

    edited to add that this is not UNIVERSALLY true, but it is very profitable to be able to recognize certain ...er.... tendencies or behavior.
  • it's all good !! image

    image
    image
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    The car guys would have a coin show and shine. Wax em up and get em shiny, maybe strip 'em and get a new paint job.image
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • FairlanemanFairlaneman Posts: 10,423 ✭✭✭✭✭
    Will Auto's ever appeal to coin collectors ?

    In my case the fire did come back and a car was purchased for restoration in 1991. Coin collecting was a hobby that was present with me way before the Classic Car Bug hit.

    Actually many simularities exist betwwen the two hobbies. Many have been mentioned already so hashing them over again seems pointless. I guess that if you have to be cautious with either one, coins in the Bank constantly and the car within Sight constantly, not much fun would be had. If it even comes to the point where the coins cannot be seen or the car cannot be driven they, (coins,car or both), will hit the road.

    Oh Yea.....No trailer Queen here. If you cannot drive it, whats the point of having it.

    Fords Rule !!

    image

    Ken


  • << <i>Oh Yea.....No trailer Queen here. If you cannot drive it, whats the point of having it. >>



    Exactly !! I drive my '69 SS every day, rain, snow, or shine. (and here in Oregon you can get all three in the same day!)




    << <i>Fords Rule !! >>




    Ah well,.......Don't know if i can agree with that statement, but i have driven some fun Fords over the years.

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