Options
What is your biggest obstacle as a collector?
AnkurJ
Posts: 11,370 ✭✭✭✭
EXCEPT Money.
I was sitting pondering the today while looking at my collection. What has been the most difficult obstacle to over come?
Personally for me, it has been deciding what to keep and what not to. With time, my collection seems to look more like a small hoard with a smattering of some not so nice coins. The majority of them have been sold, but a few stragglers do remain. It sometimes is a challenge to sell these coins for various reasons. One obviously is that lower quality coins are not easy to sell, and in many cases the result yields in a loss.
The other obstacle is being patient! John has told me that when you aren't looking for a coin, it will find you. But when you are on the hunt, there is a strong probability you will either overpay or buy in haste. This ties in to the patience thread I started last week.
What is your biggest obstacle? The reason I cut money out of the equation is that some coins cannot be found in truly pq condition even with a large bank roll.
AJ
I was sitting pondering the today while looking at my collection. What has been the most difficult obstacle to over come?
Personally for me, it has been deciding what to keep and what not to. With time, my collection seems to look more like a small hoard with a smattering of some not so nice coins. The majority of them have been sold, but a few stragglers do remain. It sometimes is a challenge to sell these coins for various reasons. One obviously is that lower quality coins are not easy to sell, and in many cases the result yields in a loss.
The other obstacle is being patient! John has told me that when you aren't looking for a coin, it will find you. But when you are on the hunt, there is a strong probability you will either overpay or buy in haste. This ties in to the patience thread I started last week.
What is your biggest obstacle? The reason I cut money out of the equation is that some coins cannot be found in truly pq condition even with a large bank roll.
AJ
All coins kept in bank vaults.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
0
Comments
Focus, focus, focus. I have to stop and think as every time I see something with nice toning I turn into
a non thinking irrational girl............saying......Ooooo got to have it, got to have it
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC
2) focus
3) time
4) patience
Maybe not enough hours in the day to spend on the net looking for varieties!
'nuff said...................
<< <i>3 daughters
Ouch
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......
2. Focus, I'm all over the place and am not good at being strict on what to buy, etc.
3. Patience
4. Compare myself to others collection which isn't a good thing, some collectors stuff make me want to quit lol
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
Gaining it takes time, effort, and a small amount of luck to find the right people along the way. I've learned a ton already, but there is a very long way yet to go.
This aspect of the hobby is puzzling in that people know coins are being messed with and who is selling them but it cannot be openly discussed.
http://www.shieldnickels.net
``https://ebay.us/m/KxolR5
Partner @Gold Hill Coin
2) Wife, she spends all my money
Timing when they do become available. Nothing feels worse when there is nothing, and then all of a sudden there are four commems available that you love, but can't swing them all.
<< <i>Access to real coins. There are no coin shops or coin shows within 60 miles of me and what they have is limited except for maybe some very small part time coin places. >>
I would hope in the Internet age this wouldn't be a problem. I know people that have amazing collections, but have never been to a show! This board and having all the major auction companies online makes that very possible to do.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
I need just 8 more die marriages (out of 123) for my Capped Bust Dime die marriage collection, and half of those should be fairly easy to find.
But tack on my specific collection requirements and finding "just the right piece", regardless of whether you have the cash at hand or not, increases the difficulty many folds.
I have never really had an issue with patience, because eventually the right coin I'm looking for will come along. I've definitely pieced out my collection to COMPLETELY
focus on this one collection, and I'm having a lot of fun working on it. Sometimes I just need to fill the hole with a less than remarkable specimen because finding a better
example is either too expensive at the moment or so rare that I should just take what I can get. For many of these coins I have been fortunate enough to upgrade those
less than remarkable original pieces, but some less than remarkable pieces still linger in my collection...and I'm fine with that, for now!
'dude
1. Finding a way to shut off impulsive buying is difficult, especially when I haven't found anything for my core collections in a while.
2. Five years ago, I started a numismatic literature collection as a way of maintaining my enthusiasm without buying coins that don't fit into my core sets.
I now have 2,000+ items in my numismatic library, occasional glares from my wife when new book boxes show up, and now I'm being sucked in by numislit. I can't win.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
You can see it in the "regular" auctions too. Time was a no problem Proof gold coin, for example, would appear in a Heritage Signature auction. Now they are lightly circulated or impaired Proofs. If you want nice piece, you have to go to Platinum Night and pay through the nose. I see more and more problem pieces appearing in auctions now that have never made it into a public sale years ago. Many good coins are going off the market, and they are not being resold very quickly.
My issue now is patience. I believe it is the factor that separates nice accumulations from great collections.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
-TEJ
It took 14 years for me to complete the 2nd finest Barber half set in MS. Had I waited 2 more years, I could
have had the finest.
Same with the MS Lib nickels. I sold my set 3 years too soon. If I had waited for the JHF set to go, I would have completed
the series in 66 or better, with 4 67's.
Today, I probably need 5 more years to finish the Early and capped bust halves. I have the knowledge, coins will become available,
but I need the patience to wait for them.
Lets see if I will
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>Finding a nice, original 1804 Large "8" over Small "8" Half Eagle at a realistic price.
'dude >>
J J Teaparty has one now on their website for sale. It looks fully priced but it looks decent to me.
So I pick singles as little goals within themselves.
<< <i>
<< <i>Access to real coins. There are no coin shops or coin shows within 60 miles of me and what they have is limited except for maybe some very small part time coin places. >>
I would hope in the Internet age this wouldn't be a problem. I know people that have amazing collections, but have never been to a show! This board and having all the major auction companies online makes that very possible to do. >>
That is true but sometimes I miss going to coin shops and shows, but I will admit that the internet is great for shopping to! By the way, you have some very nice coins on your site.
The other problem I have is when I upgrade I often don't want to part with the one I have, even though I need to sell it to make the new purchase affordable.
This reluctance to sell is reinforced when I look back at images of the coins I sold and ask myself "what the hell were you thinking?"
John, I have three daughters also. But mine are adults now and not nearly as expensive. I don't know how you manage. I had to put collecting on hold for 20 years.
Lance.
My below average eye sight is a hurdle. Because of that I will never be an above average grader. Those that are near sighted or with normal vision will always have a significant advantage over me when grading coins, no matter how much training I do.
Attitude is another big one. Some would tell me that it is my attitude. However, I find the drum beat of negativity, the constant whining, and the predatory nature of many collectors and dealers, to be a headwind to my enjoyment of the hobby. Unfortunately, my time on the forum and at the local coin club have reinforced some of the negative perceptions. Part of this is that coin collectors and dealers often have what I see as bizarre political and world views, and it shows in their actions, their talk, their treatment of certain kinds of people. It is not all collectors and dealers, by any means, and there are certainly some very nice people in the hobby. However, a good fraction of the hobby includes people that I would steer well clear of if there is a choice.
Lack of specific coins on market is.
The value limits my collection now days. I have been self employeed for the last 30 years and i have a hard time buying anything that does not hold value, make a return on investment. I would be fine if coins never increased in value but can not stand buying a coin today for 1000 that can not be sold tommorow for 900 to 1000. To make my collection work i have to dig and pass on a lot of coins i would like to own but the business side of me says no.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
The more I buy the more my collection looks like a mixture of different things.
"Keep your malarkey filter in good operating order" -Walter Breen
<< <i>My wife. >>
My condolences!
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
there CDN spread out on another and there junk in front of them
Steve
<< <i>
<< <i>My wife. >>
My condolences! >>
My my.
``https://ebay.us/m/KxolR5