<< <i>I do not agree with that statement unless he was just trying to slow you down from buying coins on credit cards just in case you are a compulsive spender.
Heck, yesterday, I finalized a sale of ONE coin for $575,000 and today, I am looking over inexpensive circulated bullion mercury dimes I bought at 90 cents each from a friend and seeing if I can upgrade the coins within my 2 circulated sets I started when I was 7 years old.
So far I was able to upgrade one of my 1930 mercury dimes! I am happy!
This is a hobby in which the rich, middle class, poor can meet and still be equals. This hobby is a great hobby in which you can even collect what people no longer care to pick up from the ground!
By the way, I do not consider myself rich. >>
You finalized the sale of a single coin for $575,000 and you do not consider yourself rich? Maybe I should find a new hobby too.
<< <i>I do not agree with that statement unless he was just trying to slow you down from buying coins on credit cards just in case you are a compulsive spender.
Heck, yesterday, I finalized a sale of ONE coin for $575,000 and today, I am looking over inexpensive circulated bullion mercury dimes I bought at 90 cents each from a friend and seeing if I can upgrade the coins within my 2 circulated sets I started when I was 7 years old.
So far I was able to upgrade one of my 1930 mercury dimes! I am happy!
This is a hobby in which the rich, middle class, poor can meet and still be equals. This hobby is a great hobby in which you can even collect what people no longer care to pick up from the ground!
By the way, I do not consider myself rich. >>
You finalized the sale of a single coin for $575,000 and you do not consider yourself rich? Maybe I should find a new hobby too. >>
Real estate agents finalize sales for million dollar houses (or at least used to ) and not all of them are rich...
That being said, I think Oreville is rich, but shy
I was recently told that I should find a new hobby...that I am not wealthy enough to be a coin collector. I was told this by a fellow COLLECTOR of all people.
Did that person even allow you to gaze upon the laces on his boots while you talked? I'd be interested in what he collects, just to make sure that I never bump into him.
Talk about making someone feel small...not only am I apparently poor...but what I do as a hobby is also apparently nothing more than a pipe dream. That cuts deep.
You need to think about why his comment made you feel small. What the hell business of his is it anyway, and why does it even bother you?
Accordingly, I am wasting what little extra money I have on things I can't afford.
If you think so, then I guess it is so.
Seriously, this is the type of attitude that allowed me to make the decision a long, long time ago that I wouldn't be collecting Morgans - the dealers who were selling them made it seem like a club that I didn't want to join anyway.
I still don't collect Morgans and I have nothing against collecting them, but I do still collect cents, nickels, dimes and quarters out of circulation and I still enjoy collecting them very much.
Q: Are You Printing Money? Bernanke: Not Literally
No... and there are some very astute numismatists that do not have "world class" expensive collections... take a look at what Chuck Daughtrey has done with Lincoln Cents... and his initial reason for going with Lincolns, was that they were generally available for pretty cheap and he could afford it on his budget...
Tell him that you appreciate his advice and recommend he try some new hobbies too, ensuring his continuing stature as the well rounded Renaissance man that he obviously is. You could recommend skydiving with Playboy plamates--they don't jump, just pack your parachute. After that some deep sea cave diving might be good...or helicopter blade dancing is a good challenge for such an outstanding individual. --Jerry
<< <i>I was recently told that I should find a new hobby...that I am not wealthy enough to be a coin collector. Talk about making someone feel small...not only am I apparently poor...but what I do as a hobby is also apparently nothing more than a pipe dream. That cuts deep. Accordingly, I am wasting what little extra money I have on things I can't afford. I was told this by a fellow COLLECTOR of all people.
Is coin collecting truly for the rich? >>
No. Just start with coins you find in pocket change or buy a few bags from your bank. Otherwise, choose a hobby that isn't out of your range. For example, there are still plenty of garbage dumps, public or private, that were filled up 100 or more years ago. Get a shovel and potato fork and start digging. If you're lucky, you'll soon have a good start toward an old bottle collection. Believe me, there's nothing as thrilling as digging up a $100 bitters bottle for free. I know. I've been there and would still be doing it if not for my arthritis! JT
It is health that is real wealth, not pieces of gold and silver. Gandhi.
I collect all 20th century series except gold including those series that ended there.
If that's it, then it makes sense in context. A man has got to know his limitations. I am not willing ot go out on a limb like TDN; therefore, I will never own a 1913 Liberty nickel. The 1793 half cent is not available to everyone. Neither is an NFL contract or a supermodel girlfriend. BFD. In this hobby, my opinion FWIW one should identify what you both like and can reasonably afford in attractive, collectible grades. People do burn out fast by either not being focused in their collecting or being too agressive in setting and pursuing ridiculous goals. This hobby is supposed to be fun, relaxing recreation.
#1, but here's some better advice. Unless you are dirt poor (in which case, find another hobby), or dirt cheap, save your money and look for something better (higher grade).
Frankly, I don't see how we got to "Wow...I was told I should find a new hobby................is coin collecting truly for the rich............"
Especially when in a subsequent post, he considers finding a nicer coin for less than $1,000.
I'm not sure that I understand the complaint.
Q: Are You Printing Money? Bernanke: Not Literally
Whever told you that is a classless jerk. I suppose I shouldn't collect coins either since I don't own a 1792 half disme, 1794 dollar, 1870-s $3 gold piece or a 1943 copper Lincoln cent.
Real estate agents finalize sales for million dollar houses (or at least used to ) and not all of them are rich...D >>
Good point. I retired as a real estate agent about 4 years ago. Deals over $500,000 were fairly common for me. However, my commision was only a very small fraction of the sale amount.
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
Woooahh...this wasn't a board member that said that...while he wasn't kind about the half cent, it has nothing to do with this forum. I hope everyone understands that. It happens to be someone from my hometown. This got way out of hand.
I guess friend was a stretch...more like aquaintence, he never was much of a nice guy to tell you the truth. The context is as follows...In order for me to purchase coins, I have to sell other coins that I am willing to part with. I have no incoming budget for coins except for a couple bucks here and there. I told this fellow that I couldn't buy a particular coin until I was able to sell some of the coins I already have...enter comment about not having enough money to be a collector and that I might consider finding a new hobby. End of story.
<< <i>Woooahh...this wasn't a board member that said that...while he wasn't kind about the half cent, it has nothing to do with this forum. I hope everyone understands that. It happens to be someone from my hometown. >>
<< <i>Woooahh...this wasn't a board member that said that...while he wasn't kind about the half cent, it has nothing to do with this forum. I hope everyone understands that. It happens to be someone from my hometown. >>
Ask yourself a few questions, if the answer to any of the below is yes than you too can be a coin collector.
Do you have an income? Do you have the ability to buy or find coins? Have you ever seen a coins? Do you know what a coin is? Is your heart beating? Are you breathing?
Funny... The most interesting parts of my collection are coins or medals or tokens that cost less than $100.
My top five in my collection...
1)A Versailles Peace Medal for $70 that makes me think about the sacrifice some poor soul made a hundred years ago.
2) An Australian WW1 medal that my wife wears on a chain that cost $10.
3) A clashed Snow 9 Flying Eagle in VF for $66 that is unique and interesting to look at without using a loupe.
4) My most recent, I forgot to retract an esnipe bid and won 20 Peace Dollars. It provided me with a couple of hours of enjoyment not to mention that six of them were VAM's. Looks like I might have to start a circulated VAM collection! One was a Top 50 and I might have one more I need to attribute. All at about $13.50 each.
5) A Daniel Webster Hard Times Token for $20 that is ironic in that it mirrors much of what we are going through today.
At times my work is seasonal. I try to buy the things at a good price and enjoy them. If I need to sell them later at least I have enjoyed them for a while and will perhaps profit when I sell them. I find over the past year or two I have been buying more of what I enjoy and less high end expensive stuff, but still streatch for something special.
<< <i>...In order for me to purchase coins, I have to sell other coins that I am willing to part with. I have no incoming budget for coins except for a couple bucks here and there. I told this fellow that I couldn't buy a particular coin until I was able to sell some of the coins I already have.... >>
Some hobbies, such as collecting Porsches, do require significant money. There are series and grades of coin in which almost anyone can afford to collect.
You can also raise funds by gathering Taco Bell napkins and selling them to the doctors.
people will say all sorts of stuff about anything and everything. the key is to not listen to those things that dont help you. if you wonder about those things, just consider the source.
After reading through this thread I can see the context now. Yeah... your acquaintance is sort of an abrasive dipstick but in at least a narrow context he does have a point... even if it’s just the one at the top of his head. Selling part of my collection to fuel the purchase of the last key date I wanted for my Lincoln Cent collection is just part of how I collect but this still took quite a bit of time to accomplish and I had significant help from the metals market along the way. This was my first (only) purchase over $1000 to date and I passed up a lot of sub par 1909-S VDB’s along the way until I found a coin that I truly enjoy looking at. Only you are going to know your level of commitment and I think this is where your acquaintance made an assumption… perhaps an erroneous one? If you’ve demonstrated to this person in the recent past that you lack this level of commitment, then he might have a point and you may have to readjust your collecting goals to better reflect your budget and willingness to save for key coins in your collection. On the other hand, you’ve classified this person as an “acquaintance”. I have a hard time believing that someone I’ve just met is going to be in a position to make an informed decision about my level of commitment to coin collecting… or anything for that matter. Half Cents are a difficult area of collecting, and 18th Century copper type is even more difficult. Only you are going to have a handle on your level of commitment to this very difficult market.
Leo
Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;
<< <i>I was recently told that I should find a new hobby...that I am not wealthy enough to be a coin collector. Talk about making someone feel small...not only am I apparently poor...but what I do as a hobby is also apparently nothing more than a pipe dream. That cuts deep. Accordingly, I am wasting what little extra money I have on things I can't afford. I was told this by a fellow COLLECTOR of all people.
Is coin collecting truly for the rich? >>
Sounds like the collector you were listening to has self esteem issues and measures their success and compares their worth in high dollar collections of some sort (you didn't say what they collected or if they have a collection). Perhaps a carryover from a poor family life as a child because it sounds extremely narrow minded, almost juvenile.
"May the silver waves that bear you heavenward be filled with love’s whisperings"
"A dog breaks your heart only one time and that is when they pass on". Unknown
Well looks like the cash your getting ready to rake in from ebay will fund some purchases, I was watching that 1820 quarter but its went up higher then i thought it would so i guess i'll pass.
Don't let anybody sour you on your collecting interests. Collect what you like and can afford. I like and collect the new Presidential dollars in proof from proof sets. One of my friends just shook his head whenever I told him what I was collecting and handed me a 2008 proof set. The greatest expense I have had so far is the Intercept Shield Album. They might not be rare or expensive, but I like them.
Fall 2026 National Battlefield Coin Show September 11 & 12, 2026 at the Eisenhower Hotel Ballroom, Gettysburg, PA. Early Bird passes Thursday September 10, 2026 from Noon to 5pm $25 each. WWW.AmericasCoinShows.com
interesting and inexpensive collections that in time
became quite valuable. All it took was a little education,
some good reference books, an eye for quality, the ability
to see potential and beauty in coinage and the
passage of time. As examples:
SMS Coins in high grade and DCAM....If you started in 1965, these could have been collected on a fairly inexpensive basis.
Cents in Gem BU Red from the 50s and 60s
Quality type coins in really top of the line in VF to XF in the 70s and 80s.
These three examples could have been started at inexpensive levels and would have increased very nicely in value while at the same time affording one a great deal of fun as well as the excitement of the chase.
Some of the really wonderful collections, were put together over many years of patient selective and intelligent collecting. Over time the cost was reletively moderate and the rewards were indeed great. One does not become the owner of a neet collection overnight. Rather it is a sum of knowledge, taste and time, but not necessarily great amounts of money, that few of us ever have.
Comments
<< <i>I do not agree with that statement unless he was just trying to slow you down from buying coins on credit cards just in case you are a compulsive spender.
Heck, yesterday, I finalized a sale of ONE coin for $575,000 and today, I am looking over inexpensive circulated bullion mercury dimes I bought at 90 cents each from a friend and seeing if I can upgrade the coins within my 2 circulated sets I started when I was 7 years old.
So far I was able to upgrade one of my 1930 mercury dimes! I am happy!
This is a hobby in which the rich, middle class, poor can meet and still be equals. This hobby is a great hobby in which you can even collect what people no longer care to pick up from the ground!
By the way, I do not consider myself rich. >>
You finalized the sale of a single coin for $575,000 and you do not consider yourself rich? Maybe I should find a new hobby too.
<< <i>
<< <i>I do not agree with that statement unless he was just trying to slow you down from buying coins on credit cards just in case you are a compulsive spender.
Heck, yesterday, I finalized a sale of ONE coin for $575,000 and today, I am looking over inexpensive circulated bullion mercury dimes I bought at 90 cents each from a friend and seeing if I can upgrade the coins within my 2 circulated sets I started when I was 7 years old.
So far I was able to upgrade one of my 1930 mercury dimes! I am happy!
This is a hobby in which the rich, middle class, poor can meet and still be equals. This hobby is a great hobby in which you can even collect what people no longer care to pick up from the ground!
By the way, I do not consider myself rich. >>
You finalized the sale of a single coin for $575,000 and you do not consider yourself rich? Maybe I should find a new hobby too.
Real estate agents finalize sales for million dollar houses (or at least used to
That being said, I think Oreville is rich, but shy
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
Did that person even allow you to gaze upon the laces on his boots while you talked? I'd be interested in what he collects, just to make sure that I never bump into him.
Talk about making someone feel small...not only am I apparently poor...but what I do as a hobby is also apparently nothing more than a pipe dream. That cuts deep.
You need to think about why his comment made you feel small. What the hell business of his is it anyway, and why does it even bother you?
Accordingly, I am wasting what little extra money I have on things I can't afford.
If you think so, then I guess it is so.
Seriously, this is the type of attitude that allowed me to make the decision a long, long time ago that I wouldn't be collecting Morgans - the dealers who were selling them made it seem like a club that I didn't want to join anyway.
I still don't collect Morgans and I have nothing against collecting them, but I do still collect cents, nickels, dimes and quarters out of circulation and I still enjoy collecting them very much.
I knew it would happen.
42/92
whole lot. (three years and still not done). BTW the person who told you this is a real ass!!!
And, #2 - read in context, it was neither mean nor inappropriate.
What thread was that? It's always nice to get things in context.
I knew it would happen.
<< <i>#1 - It wasn't a friend - it was a board members' post...
And, #2 - read in context, it was neither mean nor inappropriate.
What thread was that? It's always nice to get things in context. >>
Read here, 5 posts down.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
<< <i>I was recently told that I should find a new hobby...that I am not wealthy enough to be a coin collector. Talk about making someone feel small...not only am I apparently poor...but what I do as a hobby is also apparently nothing more than a pipe dream. That cuts deep. Accordingly, I am wasting what little extra money I have on things I can't afford. I was told this by a fellow COLLECTOR of all people.
Is coin collecting truly for the rich? >>
No. Just start with coins you find in pocket change or buy a few bags from your bank.
Otherwise, choose a hobby that isn't out of your range.
For example, there are still plenty of garbage dumps, public or private, that were filled up
100 or more years ago. Get a shovel and potato fork and start digging.
If you're lucky, you'll soon have a good start toward an old bottle collection.
Believe me, there's nothing as thrilling as digging up a $100 bitters bottle for free.
I know. I've been there and would still be doing it if not for my arthritis!
JT
I collect all 20th century series except gold including those series that ended there.
<< <i>
<< <i>#1 - It wasn't a friend - it was a board members' post...
And, #2 - read in context, it was neither mean nor inappropriate.
What thread was that? It's always nice to get things in context. >>
Read here, 5 posts down. >>
If that's it, then it makes sense in context. A man has got to know his limitations. I am not willing ot go out on a limb like TDN; therefore, I will never own a 1913 Liberty nickel. The 1793 half cent is not available to everyone. Neither is an NFL contract or a supermodel girlfriend. BFD. In this hobby, my opinion FWIW one should identify what you both like and can reasonably afford in attractive, collectible grades. People do burn out fast by either not being focused in their collecting or being too agressive in setting and pursuing ridiculous goals. This hobby is supposed to be fun, relaxing recreation.
NSDR - Life Member
SSDC - Life Member
ANA - Pay As I Go Member
save your money and look for something better (higher grade).
Frankly, I don't see how we got to "Wow...I was told I should find a new hobby................is coin collecting truly for the rich............"
Especially when in a subsequent post, he considers finding a nicer coin for less than $1,000.
I'm not sure that I understand the complaint.
I knew it would happen.
<< <i>
<< <i>
<< <i>
Real estate agents finalize sales for million dollar houses (or at least used to
Good point. I retired as a real estate agent about 4 years ago. Deals over $500,000 were fairly common for me. However, my commision was only a very small fraction of the sale amount.
<< <i>Woooahh...this wasn't a board member that said that...while he wasn't kind about the half cent, it has nothing to do with this forum. I hope everyone understands that. It happens to be someone from my hometown. >>
In that case I say kick him in the nuts
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
<< <i>
<< <i>Woooahh...this wasn't a board member that said that...while he wasn't kind about the half cent, it has nothing to do with this forum. I hope everyone understands that. It happens to be someone from my hometown. >>
In that case I say kick him in the nuts
Do you have an income?
Do you have the ability to buy or find coins?
Have you ever seen a coins?
Do you know what a coin is?
Is your heart beating?
Are you breathing?
My top five in my collection...
1)A Versailles Peace Medal for $70 that makes me think about the sacrifice some poor soul made a hundred years ago.
2) An Australian WW1 medal that my wife wears on a chain that cost $10.
3) A clashed Snow 9 Flying Eagle in VF for $66 that is unique and interesting to look at without using a loupe.
4) My most recent, I forgot to retract an esnipe bid and won 20 Peace Dollars. It provided me with a couple of hours of enjoyment not to mention that six of them were VAM's. Looks like I might have to start a circulated VAM collection! One was a Top 50 and I might have one more I need to attribute. All at about $13.50 each.
5) A Daniel Webster Hard Times Token for $20 that is ironic in that it mirrors much of what we are going through today.
at least I have enjoyed them for a while and will perhaps profit when I sell them. I find over the past year or two
I have been buying more of what I enjoy and less high end expensive stuff, but still streatch for something special.
<< <i>...In order for me to purchase coins, I have to sell other coins that I am willing to part with. I have no incoming budget for coins except for a couple bucks here and there. I told this fellow that I couldn't buy a particular coin until I was able to sell some of the coins I already have.... >>
Heh, that situation sounds awfully familiar.....
You can also raise funds by gathering Taco Bell napkins and selling them to the doctors.
the key is to not listen to those things that dont help you.
if you wonder about those things, just consider the source.
Leo
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
the high end collector
can play nicely with the
low end collector
and both can have a good time doing it
<< <i>I was recently told that I should find a new hobby...that I am not wealthy enough to be a coin collector. Talk about making someone feel small...not only am I apparently poor...but what I do as a hobby is also apparently nothing more than a pipe dream. That cuts deep. Accordingly, I am wasting what little extra money I have on things I can't afford. I was told this by a fellow COLLECTOR of all people.
Is coin collecting truly for the rich? >>
Sounds like the collector you were listening to has self esteem issues and measures their success and compares their worth in high dollar collections of some sort (you didn't say what they collected or if they have a collection). Perhaps a carryover from a poor family life as a child because it sounds extremely narrow minded, almost juvenile.
"A dog breaks your heart only one time and that is when they pass on". Unknown
interesting and inexpensive collections that in time
became quite valuable. All it took was a little education,
some good reference books, an eye for quality, the ability
to see potential and beauty in coinage and the
passage of time. As examples:
SMS Coins in high grade and DCAM....If you started in 1965, these could
have been collected on a fairly inexpensive basis.
Cents in Gem BU Red from the 50s and 60s
Quality type coins in really top of the line in VF to XF in the 70s and 80s.
These three examples could have been started at inexpensive levels and
would have increased very nicely in value while at the same time affording
one a great deal of fun as well as the excitement of the chase.
Some of the really wonderful collections, were put together over many years of patient
selective and intelligent collecting. Over time the cost was reletively moderate and the
rewards were indeed great. One does not become the owner of a neet collection
overnight. Rather it is a sum of knowledge, taste and time, but not necessarily great
amounts of money, that few of us ever have.
Camelot