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Hypothetical: You can have it, but only you will know.

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  • lordmarcovanlordmarcovan Posts: 43,778 ✭✭✭✭✭
    Good test of people's collecting motives.

    That's a dealkiller for me. If I can't display it, brag about it, share it, or sell it, then pretty much all the joy has gone out of the equation for me and I'm still out a boatload of money. Sure, I can privately admire it, but if I am gonna do that sort of thing, I'll just go to a museum and look at their stuff without having to purchase it.

    This sounds like those perhaps apocryphal tales about famous stolen art masterpieces hanging in the secret galleries of uber-rich, corrupt collectors. I fail to see the point of it. Yeah, OK, so let's say you've got Rembrandt's Storm on the Sea of Galilee hanging in your basement vault, but only you can stare at it. After a while, where's the joy?

    PS- dinner with StainGuru might have been interesting, though. If it were an extended visit, he'd be sleeping on the hardwood floor in the living room where I have this computer, as we have no spare bedroom and don't even have a couch anymore. There is the cat-clawed recliner, though. He could fight the dog for that.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • holeinone1972holeinone1972 Posts: 5,368 ✭✭✭
    I cannot respond or I will lose my 193...... oh almost, you almost got me.
    image
  • BAJJERFANBAJJERFAN Posts: 31,256 ✭✭✭✭✭


    << <i>Good test of people's collecting motives.

    That's a dealkiller for me. If I can't display it, brag about it, share it, or sell it, then pretty much all the joy has gone out of the equation for me and I'm still out a boatload of money. Sure, I can privately admire it, but if I am gonna do that sort of thing, I'll just go to a museum and look at their stuff without having to purchase it.

    This sounds like those perhaps apocryphal tales about famous stolen art masterpieces hanging in the secret galleries of uber-rich, corrupt collectors. I fail to see the point of it. Yeah, OK, so let's say you've got Rembrandt's Storm on the Sea of Galilee hanging in your basement vault, but only you can stare at it. After a while, where's the joy?

    PS- dinner with StainGuru might have been interesting, though. If it were an extended visit, he'd be sleeping on the hardwood floor in the living room where I have this computer, as we have no spare bedroom and don't even have a couch anymore. There is the cat-clawed recliner, though. He could fight the dog for that. >>



    I would expect that those uber rich corrupt collectors get a thrill out of owning something that others would like to have. They probably are also connected enough to dispose of it secretly to a like minded person if they choose to. The artworks are likely one of a kind whereas the coins mite be one of a kind or one a few. Do you suppose that RYK has dibs on a 33 DE?
    theknowitalltroll;
  • MrEurekaMrEureka Posts: 24,405 ✭✭✭✭✭
    Now, a friend offers you the coin at a fraction of its market value and an affordable price to you under the condition that you can have it for the rest of your life, you cannot sell it, and it gets sold back to him or his estate at your purchase price upon your departure from the earthly forum.

    I'd do the deal. I figure that at some point before my demise, my friend is going to want his coin back, and it will cost him dearly.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • TahoeDaleTahoeDale Posts: 1,785 ✭✭✭
    RYK,

    I see your point, re the collecting thoughts of some. I think we all have
    collectibles that only we know about-- art, and bronzes for me and my family, that is
    displayed in our home, but not shared with others. And if the cost is fair( for the rental), and the coin is a
    monster, sure.

    I think it is Registry, internet and attendance at coin shows that has increased the desire to share. Before these
    events, many of us had no communication about our collections except with the dealers who sold them to us.
    TahoeDale
  • wondercoinwondercoin Posts: 16,997 ✭✭✭✭✭
    "at a fraction of its market value"

    define "fraction"

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • wondercoinwondercoin Posts: 16,997 ✭✭✭✭✭
    "I figure that at some point before my demise, my friend is going to want his coin back, and it will cost him dearly."

    Be careful Andy ... that is what Hawaii 5 0 episodes are all about!
    image

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭
    Sure! Only because, 1. Plenty of room in our house for Saintguru. 2. His investing advise is priceless. 3. I'm sure he has a car that would look great in our driveway.

    And speaking of saintguru...
    Has anybody ever noticed the uncanny resemblance between him and Mark Cuban (the billionaire Dallas Mav's owner)?
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
  • BAJJERFANBAJJERFAN Posts: 31,256 ✭✭✭✭✭
    I don't have any friends who are dumb enough to give me lifetime rental of a $100K coin for a hundreds bucks. Alas, I wish I did but they are all smarter than that.
    theknowitalltroll;
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Why pay ANYTHING? You're not getting anything. Under those conditions it isn't even yours to do as you please.

    I'd say maybe if I could hole it.
  • keyman64keyman64 Posts: 15,528 ✭✭✭✭✭
    PASS. Seems like a very silly headache to me. Something that would just sit in a SDB and never ever ever come out. Why would I take up valuable space in my SDB for something like that...something that isn't really mine.

    I'm afraid of no one...this has nothing to do with SG. image
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • NicNic Posts: 3,405 ✭✭✭✭✭
    Are you upset that you can't attend FUN?

    K
  • messydeskmessydesk Posts: 20,280 ✭✭✭✭✭
    Why don't I simply forgo the actual purchase and just say that I have such a coin, and then never prove it to anyone?
  • LongacreLongacre Posts: 16,717 ✭✭✭


    << <i>RYK: Have you contracted the dreaded LHPWS disease?



    [LHPWS = Longacre Hypothetical Posts Withdrawl Syndrome] >>



    As I write the words, gentle readers, Longscre is weeping because he is tapping out his response on a Kindle. It is nice, but I prefer the old fashioned books. I am also drafting my resolutions, which include participating more on the boards.

    As for this thread, there would be no fun because you could not share the coin. I would pass.
    Always took candy from strangers
    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)
  • RYKRYK Posts: 35,799 ✭✭✭✭✭


    << <i>Why don't I simply forgo the actual purchase and just say that I have such a coin, and then never prove it to anyone? >>


    Well, for one thing, that would be dishonest. Do people here really do that? I have always assumed that when people say they own a coin, they really do.

    I guess some collectors do get satisfaction from possessing the coins in their collection. Some do not unless they can show it off and/or make money on it. That is what I have learned from this thread.

  • RYKRYK Posts: 35,799 ✭✭✭✭✭


    << <i>I don't have any friends who are dumb enough to give me lifetime rental of a $100K coin for a hundreds bucks. Alas, I wish I did but they are all smarter than that. >>


    Dude, this is a fantasy. Get a clue. It ain't real life.
  • ranshdowranshdow Posts: 1,442 ✭✭✭✭
    I only do purchases with no strings attached. IF I own something, I prefer to own it outright.
  • stealerstealer Posts: 4,029 ✭✭✭✭


    << <i>it gets sold back to him or his estate at your purchase price upon your departure from the earthly forum. >>


    If I outlive the seller, can I keep it? imageimage

  • TwoKopeikiTwoKopeiki Posts: 9,845 ✭✭✭✭✭
    What? There's no satisfaction of the hunt, since the coin is given to you, and no satisfaction of teaching someone else about the history of the coin?

    Pass.
  • RYKRYK Posts: 35,799 ✭✭✭✭✭
    This is a very tough crowd. I expect that half of the folks here would find some reason to refuse the mega-lotto if they won it. image
  • cladkingcladking Posts: 28,720 ✭✭✭✭✭
    We call that "permanent loan" except there is "never" a gag order that goes with it.

    Yes. I very much appreciate having things on permanent loan and would love to have
    the 1964 clad quarter under these conditions. I'd prefer to own it outright and be able
    to show it off but just seeing it would be nearly enough. Just having it displayed with
    my clad quarters would be a hoot even if no one else knew.
    tempus fugit extra philosophiam.
  • cladkingcladking Posts: 28,720 ✭✭✭✭✭


    << <i>

    << <i>it gets sold back to him or his estate at your purchase price upon your departure from the earthly forum. >>


    If I outlive the seller, can I keep it? imageimage >>



    Yes. But only if he doesn't demand it back for his estate on his deathbed.

    Of course ownership might be mentioned in his will and the estate would
    expect it back.
    tempus fugit extra philosophiam.
  • I don't see the point in that.

    Also don't like things heldover my head.
  • joebb21joebb21 Posts: 4,769 ✭✭✭✭✭
    I always enjoy going to coin shows and looking at some of the really cool coins out there.

    but in this fantasy I dont actually own the coin and cannot actually say its part of my collection.

    i would purposely break the rules just to meet the Guru
    may the fonz be with you...always...
  • Aegis3Aegis3 Posts: 2,912 ✭✭✭
    Get rid of the SaintGuru clause, and I'd take it.
    --

    Ed. S.

    (EJS)
  • Mission16Mission16 Posts: 1,413 ✭✭✭
    What would be the point?
  • Mission16Mission16 Posts: 1,413 ✭✭✭


    << <i>Why don't I simply forgo the actual purchase and just say that I have such a coin, and then never prove it to anyone? >>




    BINGO.



    Y'all wouldn't BELIEVE the collection I have!

  • stealerstealer Posts: 4,029 ✭✭✭✭


    << <i>

    << <i>

    << <i>it gets sold back to him or his estate at your purchase price upon your departure from the earthly forum. >>


    If I outlive the seller, can I keep it? imageimage >>



    Yes. But only if he doesn't demand it back for his estate on his deathbed.

    Of course ownership might be mentioned in his will and the estate would
    expect it back. >>


    image

    Too many durn loopholes or I'd buy all of your guys' collections image
  • BAJJERFANBAJJERFAN Posts: 31,256 ✭✭✭✭✭


    << <i>

    << <i>I don't have any friends who are dumb enough to give me lifetime rental of a $100K coin for a hundreds bucks. Alas, I wish I did but they are all smarter than that. >>


    Dude, this is a fantasy. Get a clue. It ain't real life. >>



    I know that, but even in fantasies my friends aren't that generous.image

    Happy New Year to you.
    theknowitalltroll;


  • << <i>Get rid of the SaintGuru clause, and I'd take it. >>



    image
  • LMMLMM Posts: 92 ✭✭
    No I would have to pass as part of the fun is being able to do with it as you will!!!!
  • saintgurusaintguru Posts: 7,727 ✭✭✭
    I'll have you all know that I'm scintillating company. image
    image
  • UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭


    << <i>I'll have you all know that I'm scintillating company. image >>



    image
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
  • This is no good ... you die at the end!
    Let's try not to get upset.
  • cladkingcladking Posts: 28,720 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>I don't have any friends who are dumb enough to give me lifetime rental of a $100K coin for a hundreds bucks. Alas, I wish I did but they are all smarter than that. >>


    Dude, this is a fantasy. Get a clue. It ain't real life. >>



    I know that, but even in fantasies my friends aren't that generous.image

    >>



    All my friends are saints.

    None of them have loaned me any $100,000 coins yet though. image
    tempus fugit extra philosophiam.
  • scotty1419scotty1419 Posts: 930 ✭✭✭
    We collect coins for enjoyment. I'd do it.

    I'm happy to be a the guinea pig with a 1964 Peace dollar. PM with offers image
  • CoinosaurusCoinosaurus Posts: 9,644 ✭✭✭✭✭
    I'd take it. An AU-58 chain cent is just cool to look at, even if you can't share.

    But if I had to insure the coin as part of the deal, I would probably pass, it wouldn't be worth it.
  • breakdownbreakdown Posts: 2,252 ✭✭✭✭✭
    I'm a bit surprised at some of the answers but i guess i shouldn't be, given the ultra-independent nature of a lot of people in this hobby. Nothing wrong with that, of course, but as for me, i would love to be able to take out a rarity every i get to the SDB and twirl it around in the light.
    By the way, while we're hypothesizing, i would pick a 1917 proof Buffalo because then i would be the one person alive that knows that it exists (and sorry, no i am not convinced by the one in the SEGS holder). image

    "Look up, old boy, and see what you get." -William Bonney.

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