How do you collectors with significant others do it?

DUIGUY · March 30, 2005 1:08PM

I finalized hocking the house today, and purchased two cc dmpl morgans today also. How would you
break this news to your spouse? This would take a real pro. Would like to hier from both sides of the wedding ring.

OKbustchaser · March 30, 2005 1:20PM

YOU'RE GOING TO TELL HER!???

Jim

DUIGUY · March 30, 2005 1:24PM

She will find out anyway! Not tonight but next week for sure. So how do you go about this? Get some
Hummer catalogs to put around the house?

WhiteLighnin · March 30, 2005 1:24PM

I have never bought a coin without asking my (Coin collecting) wife's opinion....and she has only told me ONE time..not to buy a coin...and it turned out she was right....I am lucky, my wife has a better eye, and a better collection than me.......

I really feel for you all that don't have a spouse that collects and enjoys this hobby as much as you do....it is alot funner to have a wife that is also your partner in your coin collecting.....

OKbustchaser · March 30, 2005 1:42PM

Really I am lucky enough to have a wife who understands. Of course, the fact that she has her collecting interests on which she spends at least as much helps. Otherwise, I would have to just put my foot down and tell her that that was the way it was going to be. (Yeah right!)

Jim

beartracks42 · March 30, 2005 1:53PM

My wife goes to every show and auction with me. She is also a off and on collector. She likes dimes and seated quarters. I always tell her when I buy something from a website or dealer. It works very well. She also has over 1000 beanie babies in hercollection.

CardsFan · March 30, 2005 2:18PM

My wife isn't very supportive of my hobby and usually makes fun of me and the coins I buy. I control the money though so she has no idea what I actually spend.

XpipedreamR · March 30, 2005 2:24PM

I guess it's nice to be single

mozin · March 30, 2005 2:27PM

If your wife does not understand and appreciate your coin collecting your best route is to keep your mouth shut about ANY purchases you make. If, as you say you hocked the house, remember doings like that might lead to divorce where your wife gets everything, certainly including your coin collection. If you know she would not approve and you know you cannot keep it from her forever then don't buy the coin.

Myqqy · March 30, 2005 2:30PM

My wife and I each get a set amount of personal spending money each month, so I can spend that money any way I want to. She enjoys seeing what I purchase each month......

Newmismatist · March 30, 2005 4:12PM

1. I show her the neat coins I buy.

2. I tell her when I get a "good" upgrade.

3. I buy her whatever she wants.

Must be number 1 that does it!

1977topps · March 31, 2005 1:25AM

Here's how it is with my wife:

Me: "Honey look at this cool coin I just got!"
Her: (Pretends to ignore me)
Me: "Honey, check this out!"
Her: (Looks up, eyes roll deeply back into head, sighs)
Me: "Isn't it a beauty?"
Her: (Nods head, resumes ignoring me)
Me: "Hey kids! Look at the cool coin daddy just got!"

Barry · March 31, 2005 1:35AM

1. Wife knows I don't spend beyond our means.
2. I make it a point to show her Ebay sales that I've made money on.
3. When she wants to buy something I don't disagree.
4. While I show her some of the stuff I buy, I don't make a point of it unless she asks.

Hedger · March 31, 2005 1:37AM

Do what?

mgoodm3 · March 31, 2005 1:52AM

My wife is bored by coins, but she like to see what I may buy. She will pick out the one that she likes best. As long as I don't spend too much, I can do what I want.

kranky · March 31, 2005 2:05AM

My wife knows I will not spend recklessly so doesn't really care what I buy; in fact, she often asks why I haven't gotten any new coins for a while! She likes checking out what I get and patiently listens to the entire play-by-play. But in any event I would never hide anything from her. That's not good.

CarlWohlforth · March 31, 2005 2:11AM

Fortunately my wife enjoys collecting and is very supportative of me.

We each have some money we can spend any way we want and we have seperate checking accounts and credit cards as well as joint accounts for bills. This helps reduce loads of arguments. After all if she criticized my spending I would probably look closer at hers

paigowjohnny · March 31, 2005 2:15AM

Just tell her the Morgans are "fungible"...just like her jewelry

JrGMan2004 · March 31, 2005 2:17AM

I don't have a significant other yet... but I would think the best way to counteract a big purchase, is to present her with some jewelry of approximately the same value... that way, she thinks you do care about her more than your coins, and you're spending as much on her as yourself...

RYK · March 31, 2005 2:42AM

1. Wife knows I don't spend beyond our means.
2. I make it a point to show her Ebay sales that I've made money on.
3. When she wants to buy something I don't disagree.
4. While I show her some of the stuff I buy, I don't make a point of it unless she asks.

Same here.

Longacre · March 31, 2005 2:48AM

Having a wife that has no knowledge of the market helps too. All the coins that I buy are "cheap", which, speaking in relation to the rarities out there, is true. I don't define "cheap" to her, though.

100proof1957 · March 31, 2005 2:58AM

Well,i had my significent other on her hands and knees last nite !

know what she said ?

" COME OUT FROM UNDER THAT BED AND FIGHT LIKE A MAN !"

eyore · March 31, 2005 3:21AM

she always has a fit when I buy a coin. she sees no value in them .just wait to I get to the realy big dollar commemoritives ie missouri, hawaiin,ect...

clackamas · March 31, 2005 3:25AM

Since she will probably outlive you let her know that when you pass and she sells it she could go on a 5 month cruise with the cash. I don't talk on day to day purchases with my wife, but when I make a multi thousand dollar coin from time to time I am sure to let her know and she does not object to the pallet jack pulling a big box off of the USP truck.

BillJones · March 31, 2005 3:30AM

We have always had an arrangement when I got X dollars a month to spend on coins. The money was deposited in a separate bank account, and I managed it, the "hobby account." I can go for months at a time without buying anything. During those periods I saved money. BUT with the right item came along I could pounce.

If something really great came up, we could talk about some "advance payments" when I borrowed against future month's allowances. But that was unusual.

itsnotjustme · March 31, 2005 3:45AM

My wife knows what I spend. She also knows I made some money on sales. I make a decent income, and we have what we need and still save. Thus it isn't an issue.

Of course I get the occaisional "You spent $400 on a quarter?"

LincolnCentMan · March 31, 2005 3:50AM

When I actually spent personal money on coins, I would (BEFORE THE FACT) ask the wife how much money from the savings she wanted to split. When she'd say something like, "How about $200 so we can each have a hundred." I'd ask her if she wanted (what ever she'd been wanting at the time), then ask if she'd like to split $2000.... or what ever number divided by two would get that coin for me.

David

TonedPeaceNut · March 31, 2005 3:52AM

Once in awhile you have to show her a "profit" from some sales so she understands that the coin hobby is a two way street. That way you can always tell her you sold some things to buy new things!!

TPN

CardsFan · March 31, 2005 3:52AM

<< <i>I don't have a significant other yet... but I would think the best way to counteract a big purchase, is to present her with some jewelry of approximately the same value... that way, she thinks you do care about her more than your coins, and you're spending as much on her as yourself... >>

This doesn't work unless you're loaded because it basically doubles your coin budget (less coins), the best thing to do is get them a gift and make them think that it is comparable to what you are spending. My wife is into designer purses so I let her get one every 2 to 3 months. It makes me feel less guilty but it is still a fraction of what I spend on my collectibles.

Barry · March 31, 2005 3:59AM

Something else to add...

If you own a Chain Cent, show your wife Mark Ferguson's Coin Values column in the latest Coin World (arrived today.) He shows a VF20 Chain saying it has appreciated from $8500 in 2000 to $30K today. The obvious question she then asked, "Do you have one of those?" I answer, "Yup," and see the smile.

PhillyJoe · March 31, 2005 4:04AM

First coin purchase I showed her was a 1999 silver proof set. "Only a fool would pay $30 for a handful of change." That was over 5 years ago. She still thinks it's my only purchase. Purchases and seperate credit card come to the office. Secretary knows the safe deposit number & location. (I do not let her get or make my coffee. ) My wife & I haven't argued about coins in 5 years. Life is good.

Joe

Nysoto · March 31, 2005 4:05AM

I am fortunate to have a wife who has collected antiques and jewelry for many years. She has her collections, I have mine, as long as the other bills are paid first, and debt is not used to buy coins, she is fine with it.

MrHalfDime · March 31, 2005 4:18AM

Twenty-two years ago my wife said that I would have to decide - it was either her or the coin collection. I still miss her on occassion.

Life is good.

How do you collectors with significant others do it?

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