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Serving two masters

MidLifeCrisisMidLifeCrisis Posts: 10,569 ✭✭✭✭✭
I have been focusing on building a type set of pedigreed colonial coins for about three years now. I have always believed that staying focused in a very specialized segment of the hobby can lead to more enjoyment because you can become a subject matter expert to some degree.

But always appreciated a wide variety of other coins...particularly Indian gold eagles. I've also always had an attraction to the popular key dates that I could only read about when I was a kid.

So in the past couple of weeks I've started to focus on a side project of building a type set of gold coins in PCGS old green holders. I posted about this in another thread.

However, also during the past couple of weeks I have turned down the opportunity to buy well-pedigreed colonial coins so that I could focus on my side project.

I'm obsessive and it shows in how I collect. It's really hard for me to serve two masters simultaneously in this hobby.

I'm reminded of the old MASH TV show and the character of Dr. Charles Emerson Winchester III. He was very arrogant and he would say "I do one thing at a time. I do it very well. Then I move on."

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Comments

  • messydeskmessydesk Posts: 20,367 ✭✭✭✭✭


    << <i>I'm reminded of the old MASH TV show and the character of Dr. Charles Emerson Winchester III. He was very arrogant and he would say "I do one thing at a time. I do it very well. Then I move on." >>


    He would also condemn his bunkmates' one track minds.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    My best advice would be to try to keep things in perspective. You are the master, not the coins or the collecting themes. If you are not enjoying collecting, and/or it becomes a source of stress or anxiety, it's time to take a break and make some changes.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Excellent advice RYK, and applies in many areas of life. Too many do not follow this course, and the result is unhappiness, depression or worse. Cheers, RickO
  • BillJonesBillJones Posts: 34,896 ✭✭✭✭✭
    I've got three projects going at one time.

    The hardest is my gold type set, which I would like to complete, but in this market finding a nice 1796 No Stars quarter in AU is a challenge. A couple years ago they were all over the place at the major shows, but it was not in my budget then.

    Next is to complete my early commemorative gold set (1903 - 1926). That one is within two (maybe one coin) of being complete.

    My third project is to continue to buy 19th century presidential compaign tokens, medalets and medals wherever they turn up. Since I've got over 500 pieces now, it's harder for me to locate additional varieites, but it's a collection I can build for not that much money in most cases.

    I collect for the fun of it, and I'm not hung up the color of the label in the slab (OR even if it's certified when it comes to my political token set; I prefer those pieces to be raw.) or who owned it before me. Prior ownership nice information if it's available, but it's not a driver for me. I'm much more interested in the coin, token, medalet or medal.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Shouldn't it be "Serving Three Masters" Mrs. MidLifeCrisis, Pedigreed Colonials, and now OGH Gold imageimage

    As you mentioned OGH Gold is a Side Project so passing on the opportunity to buy well-pedigreed colonial coins for you Primary set may come back and haunt you image

    Side Projects are just brought to the front line when there's boredom due to no hunting action on your Primary set.

    OGH Gold for type especially if you seeking common dates will always be available... well pedigreed coins you missed may not resurface for years.

    It might be good to spend the weekend reevaluating you collecting goals image

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • jmski52jmski52 Posts: 23,307 ✭✭✭✭✭
    I vascillate. I love all that crap and I'd collect it all if I could.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • SaorAlbaSaorAlba Posts: 7,593 ✭✭✭✭✭
    I serve two masters, and unfortunately they are not my coins but rather my teenage daughters that purloin my iPod, want money all the time etc. And one of them wants my coins!
    Tir nam beann, nan gleann, s'nan gaisgeach ~ Saorstat Albanaich a nis!
  • MidLifeCrisisMidLifeCrisis Posts: 10,569 ✭✭✭✭✭


    << <i>Shouldn't it be "Serving Three Masters" Mrs. MidLifeCrisis, Pedigreed Colonials, and now OGH Gold >>


    Good point! image
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭
    MLC,

    I applaud those that can do just 1 thing, and do it very well. However, in this day and age, I think that we are all bombarded with enough variety that it is hard to stay singularly focused. I know I can't.
    I have to do multiple things. Some I do very well, others I like to learn from.

    I don't think there is anything wrong with taking your primary to a high level but realize that you need to spice things up a little (hence, having a Mid-life Crisis image ) and do a little bit more on the side.

    So, run with it, buddy, run with it.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • LeeGLeeG Posts: 12,162
    More than one collecting goal is fine. The important priorities should be: patience, buy the right coin, and buy the best you can afford. Upgrades, if need be, will hopefully come with time.
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭


    << <i>More than one collecting goal is fine. The important priorities should be: patience, buy the right coin, and buy the best you can afford. Upgrades, if need be, will hopefully come with time. >>



    Lee, while I generally agree with all of that, one thing that I have found is that "buy the best you can afford" is open to interpretation.
    There are times when I could buy a MS63 but would rather buy an AU58 (set consistency, budgeting, etc). While I could go higher, I get just as much, or more, satisfaction lower.

    I do agree that upgrades do show up over time (I really hate that sometimes...wait months and months, or longer, buy a coin that fits and doesn't come around often, then.... sis boom bah....upgrades to that coin are popping up out of the woodwork.)

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • I enjoy working on multiple projects or having a side project such that when
    one project gets stalled, I can work on another.

    At one large show, I was fortunate to find coins in each of my three main
    projects (type set, Ireland set, and Netherlands set), but that's nor the norm.
    Usually I can find only one thing for one set if I am lucky.

    Mark
    The Secret Of Success Law:
    Discover all unpredictable errors before they occur.
  • keyman64keyman64 Posts: 15,563 ✭✭✭✭✭
    Mark,

    I had two different interests when I started back up in May. I was primarily focused on my Mercs....but was messing around just a little with Liberty Nickels.... Then some Mercs became available that I wanted and I didn't have enough cash at the time so I made a decision.... I sold the Nickels and a few of my crappier Mercs so I could focus on what was bringing me the most joy. Until my income gets into another bracket, I will focus on one set at a time. I will get back to the Liberty Nickels, but for for now it will have to wait. I'M ON A MISSION!

    Greg
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
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  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Sell a kidney and do both?
  • MidLifeCrisisMidLifeCrisis Posts: 10,569 ✭✭✭✭✭


    << <i>He would also condemn his bunkmates' one track minds.

    Shouldn't it be "Serving Three Masters" Mrs. MidLifeCrisis, Pedigreed Colonials, and now OGH Gold

    So, run with it, buddy, run with it.

    ...that being said, knowing your tastes in colonials if this one had the look that you are known for ...it would still GO FOR IT!!!

    Sell a kidney and do both? >>


    Thanks for the responses all. I smiled a lot and laughed out loud a couple of times as I read them.

    As for the colonials I passed on...I said they were well-pedigreed. I did not say they were rare. In fact, one would have been a duplicate of a coin I already have in my collection (for type, but not variety). And one I'd already owned once and it was offered back to me. Both were nice coins, but I didn't need either of them.

    And now you know the rest of the story. image

    I am still building my pedigreed colonial type set, one coin at a time, making sure each one has that look (thanks for the compliment Realone!). But just as I occasionally buy a 55 DDO Lincoln because they are cool, my OGH gold type set is a fun way to spice up my collecting.
  • SkyManSkyMan Posts: 9,539 ✭✭✭✭✭


    << <i>

    << <i>Shouldn't it be "Serving Three Masters" Mrs. MidLifeCrisis, Pedigreed Colonials, and now OGH Gold >>


    Good point! image >>



    I was gonna' point this out, but Broadstruck beat me to it.

    I guess that since you (MLC) used the Mash TV show for a quote, I'll use another TV show, "Rumpole of the Bailey", where he talks about, "She who must be served"...
  • MidLifeCrisisMidLifeCrisis Posts: 10,569 ✭✭✭✭✭


    << <i>"She who must be served"... >>


    Indeed!

    image
  • bidaskbidask Posts: 14,047 ✭✭✭✭✭
    Its ok its ok

    To serve 2 masters that is.....

    Who ever said coin collecting has to be rational.....image?
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • RTSRTS Posts: 1,408
    I'd reconsider the side-project and stay focused on the Colonials.
    image

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