Lots of great attitudes here about keeping cars in perspective. It makes me wonder though. Are coin collectors/dealers smarter than the general public, cheaper, or just saving money to buy more coins?
I drive a 1988 Dodge Dakota with 176K miles and the front wheel wells mostly rusted out. I'm not going to impress anyone with that. (I think my girlfriend isn't too fond of riding around in it, but tough. ) I bought the company a 2003 Ford Escape. Pretty good gas mileage and fits all our crap in when we go to shows. Also blends in well and doesn't stand out from the crowd (which is ideal).
FWIW: My three best customers drive a 1991 Subaru, a roofing truck, and a 1986 Ford pickup in that order. They spend thousands with us every year. The people who pull into the parking space in Mercedes, BMWs, Audis, etc. generally spend less than $20.00.
To some, a car is just a method of transportation. Most want one that is dependable and gets decent fuel milage so it is affordable to operate. Other people are very passionate about cars and collect them just as those here collect coins. You shouldn't judge someone by the brand of car that they drive either. You can buy a used BMW and repair and maintain it yourself and it would cost less to own than a new pickup truck.
I know people who drive a nice car and live below their means (they could afford much more but prefer what they drive) and I know others who are close to living in their car because they are overextended.
When I had a table at a coin show, I pulled up in a Chevy Blazer. It was newer, nice but not overly expensive or flashy. It was also practical because I couldn't fit all of the coins in my fun car!
Perception is not necessarily the truth!
I'd keep playing. I don't think the heavy stuff will be coming down for quite a while!
<< <i>To some, a car is just a method of transportation. Most want one that is dependable and gets decent fuel milage so it is affordable to operate. Other people are very passionate about cars and collect them just as those here collect coins. You shouldn't judge someone by the brand of car that they drive either. You can buy a used BMW and repair and maintain it yourself and it would cost less to own than a new pickup truck. >>
Being one passionate about cars and coins I can tell you there are some very similar aspects between the two. Both have been on good bull market runs and in both the timing on purchase is a big deal. It was mentioned earlier that cars are a depreciating asset but like coins in a way that is only for certain cars and certain condition. I am sitting on paper gains in cars bigger than my coin collection.
Also nice seing another vette JZ, I will try and post mine when home from work.
One of the guys I do business with can buy and sell most people He drives a new econo car. Another who is simply referred to as "the giant" drives a 3 year old domestic vehicle and no it's not a luxury car. I can recite many many people who have real income and real assets who are very similar.
One guy I know who has very little assetts and makes less than 50K a year drives a brand new "leased " ( rented ) auto.
<< <i>Ridiculous... to judge a person by their car tells more about the individual making the judgement than the person driving the car. I suppose these would be the same people who buy wine according to the attractiveness of the label or the name on the bottle. Ridiculous. Cheers, RickO >>
Well said. Over the years, some of the wealthiest people I have known were often the ones driving the least pretentious automobiles, and the biggest posers I have known were typically the ones with the most expensive cars. >>
I'm going on a lunch date today with a lady who claims to be the ceo of a large "beauty" company. I'll be driving my focus. We'll see.
<< <i>Ridiculous... to judge a person by their car tells more about the individual making the judgement than the person driving the car. I suppose these would be the same people who buy wine according to the attractiveness of the label or the name on the bottle. Ridiculous. Cheers, RickO >>
Well said. Over the years, some of the wealthiest people I have known were often the ones driving the least pretentious automobiles, and the biggest posers I have known were typically the ones with the most expensive cars. >>
I'm going on a lunch date today with a lady who claims to be the ceo of a large "beauty" company. I'll be driving my focus. We'll see. >>
1993 Jeep Wrangler...stock with hardtop and soft top. No a/c, straight 6 engine. Very easy to maintain...I have owned it since new and I gotta tell ya, I would consider getting a/c if I did it over again. I had never bought a car before and some of my friends talked me into 'ya don't need no stinkin' air conditioning, it's a Jeep'....it's was OK for me as the heat doesn't really bother me too much but when I first got married my wife and I lived in El Paso and she would have to pick me up from work 'cause we only had one vehicle...and sometimes she would have to wait 45 minutes sitting in 110 degree weather for me to get out from work...as soon as we could afford it we bought an Explorer with a/c!
Still drive the Jeep everyday...for me a car is a piece of machinery to be driven so having a Porsche or something like that is not a priority...a nice car is great but during the spring, summer, and fall my Jeep with the top off is nice enough for me!!
<< <i>Notwilight - Place that lady on your BMW Bike and whip off into the afternoon breeze for some Mai Tais down at the pier! Wondercoin >>
Good suggestion Wondercoin but for the following:
1. The BMW bike is the one the unlicensed non-english speaking red light runner took out from under me. It's in Motorcycle Heaven. 2. I have to go to work this afternoon. We have a testing program. I need my day job for a few more years. So no mai tais. 3. I've found that motorcycles are chick repellent for women over 30 unless they are into harleys and I haven't moved on to dating chainsmoking tatted women who outweigh me....yet.
People who obsess over whether their coin has enough luster to go MS68 rather than 67, are willing to drive themselves and their family around in an unsafe, air polluting, old azz POS car. I don’t get it.
Now driving around in that air polluting, unsafe, ’59 Vet that JZrarities posted, that’s a different story.
I got a 1990 toyota celica and my dad has a 1994 chevy pickup. Could we get nicer more expensive cars, sure but it sure seems like a waste of money compared to other ways to spend it...
Although it is a weird feeling to think that almost every newP we buy is worth more than i payed for my car ($2k)...
Want to buy an auction catalog for the William Hesslein Sale (December 2, 1926). Thanks to all those who have helped us obtain the others!!!
My 2001 S-10 pickup has been paid off for about four years. I should get at least another five or six years out of it. Less money into cars more money into miserly endeavors.
was discussing with a PCGS board member that when he visits PCGS every so often, he sees coin dealers driving VERY expensive cars such as Bentleys, high end BMW's, etc.
I wouldn't be surprised if these vehicles are being leased with unreported cash proceeds from sales of coins.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
<< <i> was discussing with a PCGS board member that when he visits PCGS every so often, he sees coin dealers driving VERY expensive cars such as Bentleys, high end BMW's, etc.
I wouldn't be surprised if these vehicles are being leased with unreported cash proceeds from sales of coins. >>
Maybe its a S.Calif. thing..I was at PCGS a couple weeks ago in a real nice Bentley that I own..Also in the stable are several Ferrari's and I love driving them too..For the longest time I drove an old El Camino to work..after a while I thought..Heck I work hard and enjoy driving nice cars and am in a car related business..so i enjoy em and have ZERO regrets..I do not care how I am perceived for driving what i enjoy..The sounds of a ferrari at speed are pleasing to me..the torque and lines of that bentley make me smile..I neeed to smile more.. Bruce Scher ps..sometimes i ride a mortorcycle to work, its usually when its hot outside.. pss i bet more unreported $$ i spent on coins than cars...by far
My collecting has no relationship to the cars I drive, but for the record my daily driver is a black 2002 Mercedes ML320 SUV and my toy is a blue 2007 Mercedes SLK350.
Retired United States Mint guy, now working on an Everyman Type Set.
I get to drive this once a year to the Woodward Dream cruise in Michigan it is my little brothers 1973 Z28 CAMERO (HIM ON THE LEFT) HE had it since he was 17 now 45 SWEET BAD AZZ RIDE I have a 2000 jimmy 4x4
This thread seems to confirm that it is indeed a Southern California thing (or Palm Beach/Sarasota, FL areas) .
Sothern California rarely has snow to ruin the cars with salt, etc. Nearly every northern area would prevent a fancy car from being driven 4 months every year due to the salt on the roads, etc?
By the way, where is the picture of the famous coinraritiesonline station wagon?
My automobile philosophy borrows from my father's. He was an orthodontist, whose lifeblood was referrals from general dentists. Because of this, he always drove less car than he could afford to look "hungry" and not show up his referring dentists.
Similarly, as a radiologist, I depend on referring physicians for my livelihood and do not want to show them up. I drive a car that is safe, fun, and not too flashy. One of my former partners, who did not feel the same way, after going through a divorce, purchased a late model Maserati and an older Rolls Royce. Soon after, I heard quite a few snide remarks in the hospital community which reflected poorly on all of us, and I was a bit embarrassed over the whole affair.
Until 1998, I always had a used car (American ones except for one). Got an American SUV, a regrettable purchase btw, and have driven it ever since....usually between 4,000 and 7,000 miles per year. Yes, I could have a trendier toy (the kinds that are usually leased not owned by others) but have always viewed automobiles from a utilitarian perspective. It's my and my cargo's conveyance. I want it safe, reliable, functional, and not a burden in fueling and maintaining. I LOL at those people who define themselves by their vehicles. (Watched two supposed professionals...and engineer and a marketeer...practically go to blows over whose car was faster at a retirement party once. The marketeer threatened to knock my lights out for suggesting that it didn't matter at all anyway. I am sure the guy was heavily into steroids...a typical gymrat metrosexual.)
And I am in San Diego, which is firmly embedded in Southern California.
I drive a 1984 red Mazda RX7 GSL-SE with 148,000 miles on it. I ordered the car new, and I put on almost every one of those 148,000 miles. By now, it fits me just right. My concern is what happens when I get hit by some soccer mom in a big SUV.
I collect Capped Bust series by variety in PCGS AU/MS grades.
For me, a car is nothing more than a way to get from point A to point B. And, because point B is often a coin show, I need it to get me there as inexpensively as possible. Edited to add: 1996 Mazda Protege.
Comments
2006 Mini Cooper S Convertible
I also race a stock car in the summer.
WIfe's: Honda civic
Fun car: 2003 M3
Lots of great attitudes here about keeping cars in perspective. It makes me wonder though. Are coin collectors/dealers smarter than the general public, cheaper, or just saving money to buy more coins?
FWIW: My three best customers drive a 1991 Subaru, a roofing truck, and a 1986 Ford pickup in that order. They spend thousands with us every year. The people who pull into the parking space in Mercedes, BMWs, Audis, etc. generally spend less than $20.00.
https://www.civitasgalleries.com
New coins listed monthly!
Josh Moran
CIVITAS Galleries, Ltd.
I know people who drive a nice car and live below their means (they could afford much more but prefer what they drive) and I know others who are close to living in their car because they are overextended.
When I had a table at a coin show, I pulled up in a Chevy Blazer. It was newer, nice but not overly expensive or flashy. It was also practical because I couldn't fit all of the coins in my fun car!
Perception is not necessarily the truth!
<< <i>To some, a car is just a method of transportation. Most want one that is dependable and gets decent fuel milage so it is affordable to operate. Other people are very passionate about cars and collect them just as those here collect coins. You shouldn't judge someone by the brand of car that they drive either. You can buy a used BMW and repair and maintain it yourself and it would cost less to own than a new pickup truck. >>
Being one passionate about cars and coins I can tell you there are some very similar aspects between the two. Both have been on good bull market runs and in both the timing on purchase is a big deal. It was mentioned earlier that cars are a depreciating asset but like coins in a way that is only for certain cars and certain condition. I am sitting on paper gains in cars bigger than my coin collection.
Also nice seing another vette JZ, I will try and post mine when home from work.
One guy I know who has very little assetts and makes less than 50K a year drives a brand new "leased " ( rented ) auto.
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
I like the older more experianced vehicles myself .
and nobody does it better than
Always Looking for Raw Proof Lincoln Cents !!
Top 10 Cal Fractional Type Set
successful BST with Ankurj, BigAl, Bullsitter, CommemKing, DCW(7), Downtown1974, Elmerfusterpuck, Joelewis, Mach1ne, Minuteman810430, Modcrewman, Nankraut, Nederveit2, Philographer(5), Realgator, Silverpop, SurfinxHI, TomB and Yorkshireman(3)
<< <i>
<< <i>Ridiculous... to judge a person by their car tells more about the individual making the judgement than the person driving the car. I suppose these would be the same people who buy wine according to the attractiveness of the label or the name on the bottle. Ridiculous. Cheers, RickO >>
Well said. Over the years, some of the wealthiest people I have known were often the ones driving the least pretentious automobiles, and the biggest posers I have known were typically the ones with the most expensive cars. >>
I'm going on a lunch date today with a lady who claims to be the ceo of a large "beauty" company. I'll be driving my focus. We'll see.
<< <i>
<< <i>
<< <i>Ridiculous... to judge a person by their car tells more about the individual making the judgement than the person driving the car. I suppose these would be the same people who buy wine according to the attractiveness of the label or the name on the bottle. Ridiculous. Cheers, RickO >>
Well said. Over the years, some of the wealthiest people I have known were often the ones driving the least pretentious automobiles, and the biggest posers I have known were typically the ones with the most expensive cars. >>
I'm going on a lunch date today with a lady who claims to be the ceo of a large "beauty" company. I'll be driving my focus. We'll see. >>
Damn! You better borrow my Maserati!
Top 10 Cal Fractional Type Set
successful BST with Ankurj, BigAl, Bullsitter, CommemKing, DCW(7), Downtown1974, Elmerfusterpuck, Joelewis, Mach1ne, Minuteman810430, Modcrewman, Nankraut, Nederveit2, Philographer(5), Realgator, Silverpop, SurfinxHI, TomB and Yorkshireman(3)
Wondercoin
Still drive the Jeep everyday...for me a car is a piece of machinery to be driven so having a Porsche or something like that is not a priority...a nice car is great but during the spring, summer, and fall my Jeep with the top off is nice enough for me!!
K
<< <i>When I set up at the local coin show, I sometimes drive this:
Ready for a fast getaway with a lot of loot.
<< <i>Notwilight - Place that lady on your BMW Bike and whip off into the afternoon breeze for some Mai Tais down at the pier! Wondercoin >>
Good suggestion Wondercoin but for the following:
1. The BMW bike is the one the unlicensed non-english speaking red light runner took out from under me. It's in Motorcycle Heaven.
2. I have to go to work this afternoon. We have a testing program. I need my day job for a few more years. So no mai tais.
3. I've found that motorcycles are chick repellent for women over 30 unless they are into harleys and I haven't moved on to dating chainsmoking tatted women who outweigh me....yet.
Now driving around in that air polluting, unsafe, ’59 Vet that JZrarities posted, that’s a different story.
CG
I drive one of these...mine is a bit dirtier at the moment! And it is SILVER...and I like SILVER....so maybe you on onto something!
Although it is a weird feeling to think that almost every newP we buy is worth more than i payed for my car ($2k)...
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
I wouldn't be surprised if these vehicles are being leased with unreported cash proceeds from sales of coins.
"Seu cabra da peste,
"Sou Mangueira......."
<< <i> was discussing with a PCGS board member that when he visits PCGS every so often, he sees coin dealers driving VERY expensive cars such as Bentleys, high end BMW's, etc.
I wouldn't be surprised if these vehicles are being leased with unreported cash proceeds from sales of coins. >>
SHHHHHH!!!
Bruce Scher
ps..sometimes i ride a mortorcycle to work, its usually when its hot outside..
pss i bet more unreported $$ i spent on coins than cars...by far
I drive on the EDGE!!
Robert.
HE had it since he was 17 now 45
SWEET BAD AZZ RIDE
I have a 2000 jimmy 4x4
the_northern_trading_company
ace@airadv.net
Sothern California rarely has snow to ruin the cars with salt, etc. Nearly every northern area would prevent a fancy car from being driven 4 months every year due to the salt on the roads, etc?
By the way, where is the picture of the famous coinraritiesonline station wagon?
Fools and their money...
<< <i>I once test drove a Rolls Royce. Very poor ride, mushy steering, Ford parts.
Fools and their money... >>
I enjoyed riding in your Porsche Cayenne...or was it a Toyota?
Similarly, as a radiologist, I depend on referring physicians for my livelihood and do not want to show them up. I drive a car that is safe, fun, and not too flashy. One of my former partners, who did not feel the same way, after going through a divorce, purchased a late model Maserati and an older Rolls Royce. Soon after, I heard quite a few snide remarks in the hospital community which reflected poorly on all of us, and I was a bit embarrassed over the whole affair.
<< <i>
<< <i>I once test drove a Rolls Royce. Very poor ride, mushy steering, Ford parts.
Fools and their money... >>
I enjoyed riding in your Porsche Cayenne...or was it a Toyota?
You mean the one with the parking ticket on the windshield?
And I am in San Diego, which is firmly embedded in Southern California.
NSDR - Life Member
SSDC - Life Member
ANA - Pay As I Go Member
<< <i>More importantly, I would like to know how Jerry's date went.
She didn't represent her age very accurately. I felt like I was out with my mother. She's nice, but then again so is my mother. Still looking.
Now she drove a new Mercedes and brought a $5 indian (XF lightly cleaned) for me to look at. She had no problem with my Focus. --jerry
2003 Ferrari 575M
2000 Ferrari 360
2005 Mercedes CL65
occasional drivers
1968 428 Cobrajet fastback Mustang
1968 390 California Special Mustang
go ahead.........judge me.
<< <i>daily drivers:
2003 Ferrari 575M
2000 Ferrari 360
2005 Mercedes CL65
occasional drivers
1968 428 Cobrajet fastback Mustang
1968 390 California Special Mustang
go ahead.........judge me.
Hey Mullet- when did you get the 390?
my 1st 'ride' in life= 1967 SS396 Chevy Camaro- oh it was a rocket and probably the best car i had- NEW.
moons later- a 1968 Mustang 390 police interceptor motor aka California Special- another fine hot rod for its time.
I should kept both- todays value = more than a 93-S morgie in 63!
OK- Jason- you have been judged.