If you could start over?

Bankerbob56

If you could recoup all the funds you've invested in a particular series and start over would you? If you would, what would you direct your attention to? Personally, I'd focus on Walkers and Buffalo nickels..... I've got a top ten collection of Washington Q (current finest), but I've always loved Walkers! They're the reason I got into the hobby.... But they were too pricey in higher grades when I got started so many years ago. Too pricey, I had a family to focus on, and limited funds......

Twobitcollector

YES...GOLD

BAJJERFAN

I'd do it in a heartbeat. Still stick with Morgans and Walkers, but would be more selective with the buying AND selling.

I would have kept my AGEs too.

This is assuming I could start over retroactively and not from now on which of course, I can always do.

LanLord

I would do it all over again.
I might not make the same mistakes, but I'm sure I'd make more than a few along the way.
It's the numismatic tuition that must be paid.

oih82w8

"Yes, there were times, I'm sure you knew
When I bit off more than I could chew
But through it all, when there was doubt
I ate it up and spit it out
I faced it all and I stood tall
And did it my way"

Paul Anka

ricko

"Yes, there were times, I'm sure you knew
When I bit off more than I could chew
But through it all, when there was doubt
I ate it up and spit it out
I faced it all and I stood tall
And did it my way"

Paul Anka

Yep, Paul Anka wrote it, but Frank Sinatra immortalized it.....

If I started over, I would do it the same way.... with one minor exception... I would have focused on gold earlier... while still doing the silver.
Cheers, RickO

Walkerfan

I would still do the Walkers and I would not want to have to start over, as it would be much too difficult if not impossible.

Yorkshireman

I would focus on 19th century gold and/or capped bust halves.
These are my current passions, but I suppose everyone (at least most people) goes through something of a collecting evolution.

Mine started with Morgans, then a type set, then toned Carson City Morgans, followed by gold, Seated Liberty halves, then Capped Bust halves, back to some gold.

The path taken by other collectors to get where they are is of great interest to me.

keets

I don't know that I would collect different things but I would certainly like to have started collecting seriously at a sooner time.

Walkerfan

I knew that I wanted to build a Walker set around 1994 or so and collected mostly raw coins then. I started my registry set in 2005 selecting only certified coins from that point on. I got really serious about it in 2009 and gained a a lot of additional experience and education, since starting in 2005. Sometimes, I wish that I'd have gotten very serious and more educated about 5-10 years earlier but looking back I think that I started at almost the 'perfect' time. God and luck have been good to me and I'd not change a thing----VERY few coin regrets.

If I had to start all over and choose a different series it would be Standing Liberty quarters, Liberty Seated Halves or Capped Bust Halves. I find them all to be quite intriguing.

CoinZip

Is Bullion a series?

ctf_error_coins

I would do it exactly the same.

Buy and sell on eBay the whole time while putting profits into unique super eye appealing coins for inventory on my error coin website.

eBay allowed me to build a business outside of eBay by using their excellent service.

Type2

It would all be A ok if I made the $$$ that I make today back then as well.

Walkerfan

<< <i>It would all be A ok if I made the $$$ that I make today back then as well. >>



Isn't THAT the truth...

DIMEMAN

Here's your chance people......to get out of moderns and bullion!!!

guitarwes

Gold
Load up on choice VF-XF pre-1923 Walkers
Draped and Capped Bust Quarters and Halves.

ColonelJessup

Oh mothers,
Tell your children
Not to do as I have done;
Spend your life in sin and misery
in The House of the Rising Sun . . . .

291fifth

Knowing what I know now I would not start collecting again. I would buy only as a dealer and only then if I believed I could move the product quickly and at a profit. I would not be interested in anything that required a long term hold as I feel that the coin market will decline in the future due to the move to a cashless society. The move to a cashless society will likely take place much sooner than most suspect. (I understand that Denmark is about to make this move and other European countries may not be far behind.) Once this happens in the US interest in coins will quickly fade.

CoinRaritiesOnline

I wouldn't change anything, except maybe that Flock of Seagulls hairdo in college.

Lakesammman

It's too hard for me to separate this from "hindsight is 20:20".

Had a lot of fun along the way. There are some coins I should never have sold but, they financed bigger coins I should never have sold, and so on.

clarkbar04

I learned from my failures which was having a collection with no focus. I have nothing left of my last collection and there are only 2 coins I'd like to have back.

This time I believe I am doing it right, at the young age of 39, after having collected since my teens.

I sure would have liked to buy a few more gold coins back in the early 90s with my summer job money rather than squandering it on a college education.

Walkerfan

<< <i> I would not be interested in anything that required a long term hold as I feel that the coin market will decline in the future due to the move to a cashless society. The move to a cashless society will likely take place much sooner than most suspect. (I understand that Denmark is about to make this move and other European countries may not be far behind.) Once this happens in the US interest in coins will quickly fade. >>



This has been hypothesized before and I don't really believe it. I do not doubt that we may be a cashless society someday (maybe soon) but I don't think it will hurt the coin market. It might even help it, as many rare, collectible & historic things are long obsolete.

DIMEMAN

I agree with Walkerfan. When they stop making coins it will affect only modern collectors......and they are a minority.

Won't affect Classic coin collecting at all!

AUandAG

I ignored Carson City coinage as I didn't think I had the money for them....If I started over I would have bought
far less and saved for the right coins. I would not have collected any small coins, just CC coins (silver and gold)


bob

Yorkshireman

<< <i>I wouldn't change anything, except maybe that Flock of Seagulls hairdo in college. >>



John,
Please say it isn't so...

Or, better yet, post a picture.

OKbustchaser

I wouldn't be able to afford to start over. The money I've put into the hobby the 40+ years I've spent collecting bust halves wouldn't come close to replacing my collection.

MrEureka

Why does it matter if you have to sell at a loss?

sparky64

I don't like to look back like this.
Hard to believe that there is anyone who wouldn't do some things different to varying degrees.

winky

Yes I would collect all seated coins. I would not start the last set, too long.

mr1931S

I would have saved the egg money for an 1894-S dime shunning baseball cards,comic books,etc.1959 Redbook price $3000.

ShadyDave

<< <i>Why does it matter if you have to sell at a loss? >>




Stings the ego

MidLifeCrisis

Yes, I'd do it all over again.

Not sure what I'd change though.

Maybe more focus...build a collection of Massachusetts silver or Fugios...or both!

ranshdow

Why does it matter if you have to sell at a loss?

Agreed it shouldn't matter. How else will you learn without taking a shot now and then?

joeykoins

Yes, my regret was tanking my Slabbed Morgans! I was up to a substantial amount before cashing them in. I probably would have been close to completing the series if I kept on going. Oh well, easy come easy go.