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Coins...Currency...Coins...Currency..Coins...

So,

Many of you may know me as being a young aspirational coin collector/investor who got into this world about a year ago..(Wow, time sure does fly!)

I've had many peaks and valleys throughout my experience here and at other places but never quit, never gave in to the pressures and I'm extremely thankful for that..

Here I am about a year later with a more than plentiful collection of in my opinion some of the finest looking coins one could own for being 24 years of age..

As of Long Beach this past February,

I think I've finally given into the vices ....

I don't know folks, I feel like Currency is something that's taking my breath away..

Don't get me wrong, I love my coins, but I just feel done with coin collecting in general.. I really do(At least for now).. and feel like moving onto greener pastures..(No pun intended)

What do you all think of this? Am I bad for turning on the hobby that welcomed me with open arms and basically raised me to be a more confident individual with coins? Or is this natural progression that almost everyone at some point in the coin world goes through... say.. a transitional period...

bnb

Comments

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    dohdoh Posts: 6,457 ✭✭✭
    Do what you like.

    But from an investment standpoint there are probably at least 100X more collectors of coins than of currency.
    Positive BST transactions with: too many names to list! 36 at last count.
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    mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Don't make the currency people mad in the currency forum is all I have to say... imageimage
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
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    Steve27Steve27 Posts: 13,284 ✭✭✭
    Many of the finest numismatists I know, also collect currency, so you're probably in good company.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
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    illini420illini420 Posts: 11,590 ✭✭✭✭✭
    Go ahead and start collecting paper, i'll stick with the copper, silver and gold!!!! image























    Seriously, collect whatever you like. I'd probably buy some currency too if I knew more about it. There are some awesome looking notes out there, that's for sure image
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    Actually, I was looking for more in depth comparisons on why coins over currency or currency over coins hence the funny title..

    Why?
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    BillyKingsleyBillyKingsley Posts: 2,661 ✭✭✭✭
    There's nothing wrong with doing both!
    Billy Kingsley ANA R-3146356 Cardboard History // Numismatic History
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    DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    A 100 year old silver coin that is still MS is really nice, but a 100 year old piece of paper in MS is a miracle. Paper fascinates me.image
    Becky
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    Musky1011Musky1011 Posts: 3,952 ✭✭✭✭
    My new Addiction....I am with you
    image
    Pilgrim Clock and Gift Shop.. Expert clock repair since 1844

    Menomonee Falls Wisconsin USA

    http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
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    GeomanGeoman Posts: 2,491 ✭✭✭
    I am with the others here................. collect what you like, and not what others say you should collect. It's a hobby for most people and should be fun!
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    NotSureNotSure Posts: 3,053 ✭✭✭
    I am with the others here................. collect what you like, and not what others say you should collect. It's a hobby for most people and should be fun!

    I agree....but you'll have to start posting in the U.S. & World currency forum, instead of here, with your newps!
    I'll come up with something.
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    ChrisRxChrisRx Posts: 5,619 ✭✭✭✭
    I like both (but coins a whole lot more.) It would be quite lonely to just collect paper.
    image
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    NotSureNotSure Posts: 3,053 ✭✭✭
    Does this mean you'd no longer be a coin dealer?
    I'll come up with something.
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    i go through slumps with coins and i usually get pulled into currency when that happens. currency is fascinating. but then i slowly get back into coins... it happens over and over again. they go hand in hand. but yeah, do whatever you want.. do anything
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    One year and your done - you need a new toy ? Such is youth! hahaha image
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    ChrisRxChrisRx Posts: 5,619 ✭✭✭✭


    << <i>One year and your done - you need a new toy ? Such is youth! hahaha image >>



    Hey now I am also 24 and I am not ever going to be "done!"
    image
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    << <i>Does this mean you'd no longer be a coin dealer? >>



    Not at all..

    All I do is sell stuff on ebay.. I mean, yeah I might be a power seller and all(due to my high valued items sold) but I'll still be doing that..

    Maybe I should be in for a name change.. BNB Coins & Currency? (JK, I don't plan on selling currency but knowing me you never know)
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    i don't know what i want for dinner here.... what should i do
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    << <i>i don't know what i want for dinner here.... what should i do >>



    Go for some Thai food.. Light on the Curry spices image

    Hope that's what you meant.
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    TheRegulatorTheRegulator Posts: 1,242 ✭✭✭
    Given the choice between metal and paper, I choose... I choose... both!

    image
    The Tree of Liberty must be refreshed from time to time with the blood of patriots and tyrants. -Thomas Jefferson
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    Not to sound wrong, but I think Currency has a much better attention to design detail.. I mean come on, who can argue that those $5 Educational notes aren't to die for?

    Don't get me wrong, some nice coins exist too.. But I don't know, Currency to me is like mini artwork.. Just so well designed..

    Thing is, Washington is quite the rockstar on a lot of early U.S currency.. Same portrait as the $1 and all!
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    do
    whatever
    you
    want
    to
    do

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    << <i>do
    whatever
    you
    want
    to
    do >>



    I'm trying to get a little debate here on Coins vs Currency and why..

    I already made up my mind, now I'd like to hear other people's thoughts on the two..
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    crazyhounddogcrazyhounddog Posts: 14,230 ✭✭✭✭✭
    It's all art, enjoy what turns you on....
    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
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    Musky1011Musky1011 Posts: 3,952 ✭✭✭✭
    currency is my choice right now

    As I get older my eyes are not as good as they used to be

    wanted a large note for a long time.......

    now I want more
    image
    image
    Pilgrim Clock and Gift Shop.. Expert clock repair since 1844

    Menomonee Falls Wisconsin USA

    http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
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    Currency in its self has a beautiful artistic essence of the times.

    Most coins also have that quality tho in more limited issues.

    You could compromise and do both with mating a currency with a coin,

    for example, mate an 1899 $1 silver cert. with an 1899 Morgan.

    But then again in all fairness Websters Unabridged says currency is coin or paper.

    So go the direction you think you need to go and remember both are intertwined.
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    PerryHallPerryHall Posts: 47,589 ✭✭✭✭✭
    Much of the large size notes issued by the U. S. is very artistic and colorful. The size of notes allow much more room for artistic expression. Also, many notes are quite historical--CSA notes, gold certificates, small denomination notes, Continental currency, broken bank notes, etc.

    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

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    jakebluejakeblue Posts: 316 ✭✭✭
    When I first started collecting, paper money was my first pursuit. Over time, I gradually started focusing on coins. I would suggest trying out a few notes to gauge your interest. I always structure what I am looking for. As an example, I still collect National Banknotes from a certain bank from my hometown. Here is a $10 note:


    image

    Or you could try some of the more popular ones like this 1901 Legal Tender $10 "Bison" note, which I think it one of the more beautiful denom designs:

    image[

    Boom...we win.

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    << <i>

    I'm trying to get a little debate here on Coins vs Currency and why..

    I already made up my mind, now I'd like to hear other people's thoughts on the two.. >>



    We'd LOVE to hear some of your thoughts instead of the constant wind-socking and trying to measure things through what other people have worked hard to learn and know.

    There are no shortcuts, no free lunches, and no riding in on anyone's coat tails. If you want to know things, read, study, learn and discuss. Asking questions is great, but usually asking a question leads us to better understand what we already know. If you don't know anything, then you have nothing to on which to gauge the answer that you received.

    As far as which to collect, who cares what everyone else thinks, collect what you like, because you want to, not because of value, or envy, or status.

    If you like currency, then by all means, collect currency. If you like Tinkertoys, go collect them, but for God's sake, learn something from the numerous forums that you have been purged from and try to just fit in, be nice, take criticism, and most of all listen to what others say, even when it doesn't sound right to you. There are better ways to contribute other than by asking "What do you guys think?" on every given subject.
    The shortest distance between two points in under construction. - unknown
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    << <i>

    << <i>

    I'm trying to get a little debate here on Coins vs Currency and why..

    I already made up my mind, now I'd like to hear other people's thoughts on the two.. >>



    We'd LOVE to hear some of your thoughts instead of the constant wind-socking and trying to measure things through what other people have worked hard to learn and know.

    There are no shortcuts, no free lunches, and no riding in on anyone's coat tails. If you want to know things, read, study, learn and discuss. Asking questions is great, but usually asking a question leads us to better understand what we already know. If you don't know anything, then you have nothing to on which to gauge the answer that you received.

    As far as which to collect, who cares what everyone else thinks, collect what you like, because you want to, not because of value, or envy, or status.

    If you like currency, then by all means, collect currency. If you like Tinkertoys, go collect them, but for God's sake, learn something from the numerous forums that you have been purged from and try to just fit in, be nice, take criticism, and most of all listen to what others say, even when it doesn't sound right to you. There are better ways to contribute other than by asking "What do you guys think?" on every given subject. >>



    See, I operate differently, Mike "Noodle".. I really do. I try to always operate on a positive energy field opposed to a negative/critical one..

    I encourage healthy debate because I love to read it, the on lookers I'm sure love to read it, and it's good for any forum..

    With that said, I have no problems going even further and explaining why I like currency and what I see the main differences are between the two. (Before I start, I don't base my opinions or decisions on what others do or say, however, I love to hear what others have to say on the matter just because it's fun and educational)

    Currency to me is like mini art(Like I've stated a few posts above which I suggest you go back to read), there is a much greater attention to detail and design than on coins. I feel if someone can collect nice expensive currency, they've truly made it in life.. I mean, if you're collecting your nation's past monetary history, doesn't that say a lot about you? I think so..

    On a less desirable point, paper does blow with the wind and is very easy to rips and needs to be protected extra carefully. Coins do not have that problem. They are solid chunks of metal with fine imprints on it that need less care to preservation than currency, but nonetheless they still need to be preserved efficiently too.

    Coins are very beautiful but I think one can only go so far especially if you are into the more modern 1900's and up designs like me.. I never was a fan of old 1800's designs and below.. I think they look too plain jane and basic.. However, with our currency, I don't feel that way. I can look all the way back to a Confederate note and find beauty in its attention to detail.. Yes, some of the fractionals do look like pieces of paper with writing on it, but there are lots of others that have prominent faces which I like...
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    << <i>


    Currency to me is like mini art(Like I've stated a few posts above which I suggest you go back to read), there is a much greater attention to detail and design than on coins.
    >>



    which I think is an excellent point! Particularly interesting when you consider the technology that was available to engravers of the time. (BTW- I read a lot more than I post everywhere I post.)


    << <i>
    I feel if someone can collect nice expensive currency, they've truly made it in life..

    >>



    actually success in life has very little to do with money



    << <i>
    I mean, if you're collecting your nation's past monetary history, doesn't that say a lot about you? I think so..

    >>



    What people collect speaks volumes about them. But collecting "A" is never better than collecting "B". It is all about enjoyment.

    Part of what I have always found bothersome (and it's not just you) is people who have and continue to look at coin collecting as an investment and work toward making it such!

    It is a pastime, a hobby. coins have value, but if you collect based on value, there is always a shinier bauble out there that makes yours look inferior. If you collect for enjoyment, then you will never be disappointed with your purchases because you like them.

    So what you over-graded it, you like it. You may have paid too much, but you like it. Coins have value, but coin collecting has very little to do with value. It's about knowledge and learning and relaxing, not worrying if CAC will say that your coin really is a MS-70 or not.
    The shortest distance between two points in under construction. - unknown

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