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How do your other hobbies stack up against coin collecting....return-wise?
DNADave
Posts: 7,346 ✭✭✭✭✭
I'm off for a few days of bowhunting in the appalachians. The damage so far:
New boots $89.00
Extra deer stamp $21.00
Bear stamp $10.00
Handwarmers $20.00
Arrows $140.00 (Dang carbon arrows are expensive)
Broadheads $80.00
Food $150.00
Gasoline $100
If I get a deer, $60 to have it cut up.
If I get a bear, how much is a tanned bearskin rug my wife wants?
Return.....memories and a few pounds of venison if its a good week.
New boots $89.00
Extra deer stamp $21.00
Bear stamp $10.00
Handwarmers $20.00
Arrows $140.00 (Dang carbon arrows are expensive)
Broadheads $80.00
Food $150.00
Gasoline $100
If I get a deer, $60 to have it cut up.
If I get a bear, how much is a tanned bearskin rug my wife wants?
Return.....memories and a few pounds of venison if its a good week.
0
Comments
Who is John Galt?
Many successful BST transactions with dozens of board members, references on request.
<< <i>I have lost far less money with autographed Steelers memorabilia.
What's with that Patriots helmet in the background?
That reminds me-- I need a new set of clubs next season: sticks
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>I have lost far less money with autographed Steelers memorabilia. >>
What do you do to make sure they are real? From what I've read autographed sports memorabilia is very heavily counterfeited.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>I have lost far less money with autographed Steelers memorabilia.
What's with that Patriots helmet in the background? >>
We crush those for fun.
What do you do to make sure they are real? From what I've read autographed sports memorabilia is very heavily counterfeited.
I purchase from a reputable seller, who guarantees the products will certify, who passes PSA screens (I spot check the items), who photographs the players signing your items and encloses the photos along with your purchases, and is well-known in the industry as a legitimate seller.
In that hobby, 95% (or more) of the resell price is lost when you open the cars...and 100% of my cars are opened as soon as I get them, unless it's a spare copy specifically to hang on the wall...So for instance the car I spent $65 on (the most I've spent for a single car), since I opened it the most I could sell it for if I am lucky would be $10 but more likely $5-7. The cars that cost less then $10, which is most of them, would sell for a dollar or less. I know of a dealer who sells loose cars for a quarter.
But I don't care...I will never sell them. Heck, I'll probably be buried with them.
I would have a lot more money for hobbies if food was not so darn expensive.
K
Let's see about the others.... I used to like playing sports, but tore an ACL.... that was costly
I like amateur astronomy, and bought a telescope that cost me about $2k including accessories, and I have to drive 50 miles out into the country to use it, which costs gas money. No profit there, except good memories.
I like metal detecting, and that one turns a profit, but should it be included as a sub-category of coins?
I like playing cards, but usually don't play for money, so no significant gain or loss there.
<< <i>If I had a hobby that was more profitable than coins and just as much fun, I'd spend all my time doing that instead.
I like amateur astronomy, and bought a telescope that cost me about $2k including accessories, and I have to drive 50 miles out into the country to use it, which costs gas money. No profit there, except good memories. >>
Light pollution sux... do you still do it? GPS and go-to? Just curious to hear from a fellow stargazer...
Orchids and seashells have limited returns.
Old cars... done quite well on them I have.
Motorcycles... well... umm, you see...
Yamaha R1: Bought new, sold for loss a year later.
Ducati 916: Bought it a year old, put $7000 in mods into it, laid it down on the FL turnpike due to a jerk with no insurance... lost my shirt.
Ducati 996S: Stopped riding it because then girlfriend threw a fit, then I got sick, been sitting in a friend's garage in FL for years. Needs $3K+ worth fo work to ride it again, worth 1/3 of what I paid if that.
Ducati 750 Supersport: Paid $3100, probably worth $4k
I'm batting .250....
Let's see...
Coins? Stuff I have bought recently I suppose I could sell for overall, break even or better, stuff that I have is otherwise bullion type stuff I bought in 01/02 so, well..
Then I got the notion to drag the remains of my old 6 inch reflector out from the tangled mass of vines etc that had overgrown it...where I had pretty much thrown it a decade before. Of course, the aluminizing was just about gone from the mirror, but the mount cleaned and repainted very well, and I had no trouble making new legs for the mount. THEN, managed to score a brand new Edmund Optics 6 inch F10 mirror on ebay for the pittance of $47. NO ONE had bid! That thing retails for $300...so it was a good deal. After repainting the tube, put it all together and suddenly I was back in 1972 again...a 51 year old 14 year old kid.....and the optical quality of this put that Meade to shame.
Still, it was too much scope for me...and I didnt use it too much. Then, one day, I was looking at the website of Surplus Shed...and they had old A. Jaegers 3 inch F 15 refractor objectives...for all of $20! Needless to say, I jumped on this, and two days after I got it had a pretty serviceable telescope made from large cardboard packing tubes, a pipe fitting mount and a tripod I made here...
And wowzer that thing kicks butt. Talk about optical quality, and its just so ez to use, nice and light, no fuss no muss, just point and look. I use it nearly every clear evening (if the mood strikes) and have star hopped to find my favorite two targets, Uranus and Neptune. A. Jaegers made some splendid glass and to find that lens for only $20 was a real gift.
So..........I guess as far as my other hobby (besides the old cars)...amateur astronomy has been around for as long as coins with me, and after all those scopes, all that money, my main one now cost me all of about $35. Quite a return for the dollar!
<< <i>I have lost far less money with autographed Steelers memorabilia.
Is that a green bean sticker or gold bean sticker on the "5" of "58"?
In honor of the memory of Cpl. Michael E. Thompson
How uncivilized and deplorable.
I am shocked that this is still allowed.
Camelot
Skiing has been a financial drain, but a lot of fun, even throwing in the torn ACL.
Fishing has been a fairly small financial drain, but a lot of fun.
Astronomy/stargazing has been a minimal financial drain, but a lot of fun.
Collecting space memorabilia is too early in the acquisition phase (I only started in 10/07) to have had any major change one way or another. The good Lord willing I'll hopefully be collecting it for another ~25 years and I expect that I'll do alright with my purchases.
U.S. Type Set
WS
<< <i>BEAR! Your gonna shoot a bear?
How uncivilized and deplorable.
I am shocked that this is still allowed. >>
He doesn't just shoot them. He skins them and eats them!!
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>I'm off for a few days of bowhunting in the appalachians. The damage so far:
New boots $89.00
Extra deer stamp $21.00
Bear stamp $10.00
Handwarmers $20.00
Arrows $140.00 (Dang carbon arrows are expensive)
Broadheads $80.00
Food $150.00
Gasoline $100
If I get a deer, $60 to have it cut up.
If I get a bear, how much is a tanned bearskin rug my wife wants?
Return.....memories and a few pounds of venison if its a good week. >>
Return on hunting whitetail is priceless.
I hope you are a very good golfer (breaking 80?) and get to play a lot if those are your weapons of choice. I would look at game improvement irons. They will be much easier to hit. Look at putting a couple of hybrids in your bag if you don't already have them. The pros are starting to use hybrids over long irons much more often now; almost no pro uses a two iron any more.
1. 7-17-81 Warrenton GC Driver 310 yards 7th Hole (Par 4)
2. 5-22-99 Warrenton GC 6 iron 189 yards 10th Hole
3. 7-23-99 Oak Meadow CC 5 iron 180 yards 17th Hole
4. 9-19-99 Country Lake GC 6 iron 164 yards 15th Hole
5. 8-30-09 Country Lake GC Driver 258 yards 17th Hole (Par 4)
Collector of Barber Halves, Commems, MS64FBL Frankies, Full Step Jeffersons & Mint state Washington Quarters
Ken
I love long irons. The 2 is a sweet little club.
Ken
``https://ebay.us/m/KxolR5
Money wise ... not as good.
K
My 1866 Philly Mint Set
https://www.smallcopperguy.com
<< <i>
<< <i>I have lost far less money with autographed Steelers memorabilia.
Is that a green bean sticker or gold bean sticker on the "5" of "58"?
Actually, Tom, since you asked, for several years, Jack Lambert has been placing his own gold hologram sticker on any items he autographs. It also means that it is a lock upgrade to a Dick Butkus jersey.
:::sigh:::
demand for TN Titans sports memorabilia has dropped noticeably this year
Here's a flight from a master with an electric heli pulling a couple thousand watts at times. The damage at the end was maybe $80.
Trex 600 at 22v-3600ma-30C
To answer the Op's ?, Nothing has brought the financial returns that coins have, and with that income I've pursued the real fun (imho) for free.
My current craze is stoneware - check back in 20 yrs and I'll let you know how I did.
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>I'm off for a few days of bowhunting in the appalachians. The damage so far:
New boots $89.00
Extra deer stamp $21.00
Bear stamp $10.00
Handwarmers $20.00
Arrows $140.00 (Dang carbon arrows are expensive)
Broadheads $80.00
Food $150.00
Gasoline $100
If I get a deer, $60 to have it cut up.
If I get a bear, how much is a tanned bearskin rug my wife wants?
Return.....memories and a few pounds of venison if its a good week. >>
What type of arrows & broadheads are you using? Why don't you just cut the deer up yourself and save $60? Its not hard and makes it taste that much better
Hobbies are Hobbies .
That's it.
Finance is and should not be a hobbie.
<< <i>It seems to me that when a hobby is about making money, it becomes a business - no longer a hobby. I never sell coins.. I enjoy them. My firearms collection would bring in an incredible sum of money, however, I do not sell them either. My marble collection is the envy of other collectors and have been offered thousands of dollars for just a couple of them... I don't sell them either. Cheers, RickO >>
Rick, if you won't sell the marbles for thousands of dollars, I think you lost your marbles.
Whatever you are, be a good one. ---- Abraham Lincoln
<< <i>
<< <i>It seems to me that when a hobby is about making money, it becomes a business - no longer a hobby. I never sell coins.. I enjoy them. My firearms collection would bring in an incredible sum of money, however, I do not sell them either. My marble collection is the envy of other collectors and have been offered thousands of dollars for just a couple of them... I don't sell them either. Cheers, RickO >>
Rick, if you won't sell the marbles for thousands of dollars, I think you lost your marbles.
Antique marbles are quite collectible and there are numerous books on the subject. Some are worth the price of a new car. Believe it or not there are marble shows where dealers and collectors get together and marble collector organizations and clubs. There are also marble doctors that will remove small nicks in marbles to enhance their values.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Ive been in and out of amateur astronomy since about age 10. Really got serious about it as a teen...and put together a 6 inch reflector using an F 10 mirror, and an Edmund mount. I used that in 1972 for the Mars opposition and got some REALLY good detailed drawings. That scope showed more detail than I ever thoght possible. Of course, the dream was a Refractor....and many a lawnmowing afternoon was spend dreaming of the day I would save enough money up to build an F 15 6" refractor. That never did happen though, but several years ago I worked a trade with one of the customers in my business for my product traded him for his purchase of a Meade LXD 55 6 inch F8 refractor...delivered to my doorstep. A marvel of low priced Chinese engineering and optics, it uses a lot of pieces that are "good enough" in quality. However, after spending more time trying to get the go to mount set up correctly, and less time spent behind the eyepiece...together with the monster weight of the leviathan....interest waned rather quickly. It was just TOO much scope for me, and plus not having a permanant location for it...I had to bring it out of storage, put it together, get it all aligned etc etc....just a LOT of work.
Then I got the notion to drag the remains of my old 6 inch reflector out from the tangled mass of vines etc that had overgrown it...where I had pretty much thrown it a decade before. Of course, the aluminizing was just about gone from the mirror, but the mount cleaned and repainted very well, and I had no trouble making new legs for the mount. THEN, managed to score a brand new Edmund Optics 6 inch F10 mirror on ebay for the pittance of $47. NO ONE had bid! That thing retails for $300...so it was a good deal. After repainting the tube, put it all together and suddenly I was back in 1972 again...a 51 year old 14 year old kid.....and the optical quality of this put that Meade to shame.
Still, it was too much scope for me...and I didnt use it too much. Then, one day, I was looking at the website of Surplus Shed...and they had old A. Jaegers 3 inch F 15 refractor objectives...for all of $20! Needless to say, I jumped on this, and two days after I got it had a pretty serviceable telescope made from large cardboard packing tubes, a pipe fitting mount and a tripod I made here...
And wowzer that thing kicks butt. Talk about optical quality, and its just so ez to use, nice and light, no fuss no muss, just point and look. I use it nearly every clear evening (if the mood strikes) and have star hopped to find my favorite two targets, Uranus and Neptune. A. Jaegers made some splendid glass and to find that lens for only $20 was a real gift.
So..........I guess as far as my other hobby (besides the old cars)...amateur astronomy has been around for as long as coins with me, and after all those scopes, all that money, my main one now cost me all of about $35. Quite a return for the dollar! >>
When I was a kid I built a 6" reflector... I was fortunate, I was raised in Bellmawr, which was the next town over from Barrington, where Edmunds was. Friends and I would often bike over there, at that time they had a back room filled with all kinds of military surplus optics and other neat stuff that was a blast to go through. There's a guy Paul Rini who still builds and sells eyepieces from surplus Edmunds lenses, he's still in Barrington as well as far as I know, they aren't Nagler's but very nice wide field eyepieces for a fraction of the price.
I don't get out as much with them as I like to, but now the cooler dryer weather is upon us down here I expect to get out more. Have a 9.25 Celestron GPS and a Markes Ludes 6" refractor on a Celestron go-to equatorial. Both are a pleasure to use and continue to give lots of enjoyment. I never tire of looking at the usual suspects like M42 and M17, and one of the great joys about living this far south is being able to see the globular cluster Omega Centauri (NGC 5139)!
I have a HO railrad set that I mess with in the backroom. Every dollar I put into it is down the drain, but it's fun ...
My political button collection of pinbacks .. I have no idea what they worth since the "Red Book" for this hobby has been updated since 2004. Once more they are just fun ...
The major cost is boots and pants.
The Mysterious Egyptian Magic Coin
Coins in Movies
Coins on Television
<< <i>I go hiking in the woods and hills.
The major cost is boots and pants.
You forgot the cost of bug repellent.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire