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Does the pleasure you receive from collecting coins

BearBear Posts: 18,953 ✭✭✭
out way any monitary losses you may

suffer from your collection?
There once was a place called
Camelotimage

Comments

  • krankykranky Posts: 8,709 ✭✭✭
    I rarely sell anything, so I can live in blissful ignorance whether I might lose money.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • fcfc Posts: 12,793 ✭✭✭
    i was fortunate to begin collecting coins in an up market and was
    allowed to sell almost every coin for the same as i bought it or for
    a profit. Even my mistakes made a few bucks.

    i have been collecting different things over the years and I detest
    buying a collectible and losing money on it. part of the fun of a collectible
    hobby to me is buying smart.

    there are very few cases where i like something so much i am willing
    to instantly take a loss to aquire it. that does not make much sense
    to me and will patiently wait to buy it from a person taking that loss
    instead of me.
  • I really enjoy collecting. I've only been at it for 2yrs., but I have learned sooo much. Reading, studying, and admiring. I might as well say I LOVE collecting, and if I win or lose, it really doesn't matter, because I know in the end I have really enjoyed playing the game.image
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    Absolutely yes. I chalk any loss to the hobby. The history and details that I learn, the people I meet and talk to far out weigh any losses I may or may not have incurred.

    Doing photography I make up for any losses by getting to glimpse some real solid PQ stuff I might not ever get to see up close. This far out weighs any loss that I may or may not have incurred.

    ....

    .....

    ......


    That and it's just plain fun. image
  • BillyKingsleyBillyKingsley Posts: 2,661 ✭✭✭✭
    Absolutely! If it was not fun, I would not do it. Period!

    The only loss I suffer from is an empty wallet.
    Billy Kingsley ANA R-3146356 Cardboard History // Numismatic History
  • BearBear Posts: 18,953 ✭✭✭
    I have found that the most

    disturbing loss of all...was my mind.image
    There once was a place called
    Camelotimage
  • BECOKABECOKA Posts: 16,961 ✭✭✭


    << <i>I have found that the most

    disturbing loss of all...was my mind.image >>



    Is that the blur that happens during the day when you look up and all you see is silver disks? image
  • RYKRYK Posts: 35,798 ✭✭✭✭✭
    I mostly collect coins, so I can argue with other collectors on the forum.
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    While I have lost money occasionally on individual coins here and there, for the most part I am wayyyyy ahead. In fact, I think I could count on one hand the losers.
  • BearBear Posts: 18,953 ✭✭✭
    That's right, just pour

    salt on my wounds

    and rub it in real good.image
    There once was a place called
    Camelotimage
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭


    << <i>That's right, just pour

    salt on my wounds

    and rub it in real good.image >>



    Bear jerky? image
  • morgandollar1878morgandollar1878 Posts: 4,006 ✭✭✭✭✭


    << <i>

    << <i>That's right, just pour

    salt on my wounds

    and rub it in real good.image >>



    Bear jerky? image >>





    Marinated in honey and Jelly doughnuts, or just regular???image
    Instagram: nomad_numismatics
  • MisterBungleMisterBungle Posts: 2,308 ✭✭✭

    For me it a hobby, just something I do for fun.

    If I go out to play golf, I don't expect to make
    a profit. If I go out to a movie, I don't expect
    to make a profit. For some reason people
    expect coin collectors to make money.

    A dealer...sure, but not a true collector. If I
    make a few dollars, great. If I lose a few
    dollars, that's fine too.

    ~


    "America suffers today from too much pluribus and not enough unum.".....Arthur Schlesinger Jr.

  • gripgrip Posts: 9,962 ✭✭✭✭✭
    I spent 10K on a coin,than sold it and lost 4K.
    Than i spent 10K at the race track and
    went home broke...Buy coins and have fun.
  • anablepanablep Posts: 5,139 ✭✭✭✭✭
    I'm in this for the long haul.

    I'm not concerned about a few bucks here and there, but I'm not spending $1000's on coins, so I'm not losing large sums either.
    Always looking for attractive rim toned Morgan and Peace dollars in PCGS or (older) ANA/ANACS holders!

    "Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."


    ~Wayne
  • MowgliMowgli Posts: 1,219
    I hope so but since I've never sold a coin I reserve the right to change my mind.
    In the land of the blind the one-eyed man is king.
  • LakesammmanLakesammman Posts: 17,409 ✭✭✭✭✭
    Does pleasure out weigh the monetary losses ??

    It would be an unusual person that just plows money into collecting something w/o thinking of the financial consequences...... I collect alot of stuff and the $$ risk before pulling the trigger is always foremost in my mind, whether it's stoneware, lamps, furniture, cigar store indians, curreny or coins.

    Making money, or at least breaking even, allows me to keep collecting! image

    "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.

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