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$500,000 collections?!

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    STONESTONE Posts: 15,275
    No, but hoping someday

    12-13 years

    No
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    123cents123cents Posts: 7,178 ✭✭✭
    No, Yes, No.
    image
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    saintgurusaintguru Posts: 7,728 ✭✭✭
    yes
    no
    yes
    image
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    coinlieutenantcoinlieutenant Posts: 9,328 ✭✭✭✭✭
    Don,

    My personal opinion is that you wont make too many friends here on this board asking questions like this. I am not offended, but I think most here will find it elitist.

    As for me,

    No
    Yes
    Yes

    I agree with whomever said to watch the posts here...posts speak for themselves. I would guestimate that 50% of dealers and 20% of collectors here know there way around numismatics enough to hold their own, at least in their own area of expertise.

    John
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    saintgurusaintguru Posts: 7,728 ✭✭✭


    << <i>Don,

    My personal opinion is that you wont make too many friends here on this board asking questions like this. I am not offended, but I think most here will find it elitist.

    As for me,

    No
    Yes
    Yes

    I agree with whomever said to watch the posts here...posts speak for themselves. I would guestimate that 50% of dealers and 20% of collectors here know there way around numismatics enough to hold their own, at least in their own area of expertise.

    John >>




    This is the ultimate paradox of this board. Some here love to see pics of monster coins, love to talk about sales of monster coins, but act as if a scourge has entered the forum when someone actually says they own one of these! Coins aren't about BRAGGING. Everyone has their budget, and the envy and pettiness I've witnessed towards higher end coins/sets is such a contradiction. All I care about is good LOOKING coins.

    I have commented on many less expensive coins with the same fervor as I have on big coins. This resentment that some have is the big green monster, and to those who don't have the ability to accept the dichotomy of collectors here should start a "Little Coin Forum" so they can insulate themselves from the bitter taste of "other people's coins"!

    Carry on....I'm going through my pocket change filling my Whitman folders now. image

    image
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    saintgurusaintguru Posts: 7,728 ✭✭✭
    ttt....responses?
    image
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    USCGCraigUSCGCraig Posts: 1,008 ✭✭
    Two
    Yes
    One Million Dollars (with my right pinky extended and toughing my lip as I say this in my best Dr. Evil)
    Coast Guard Craig

    Looking for Denmark 1874 20-Kroner. Please offer.
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    tradedollarnuttradedollarnut Posts: 20,608 ✭✭✭✭✭


    << <i>ttt....responses? >>



    Sorry - we're all off hanging coin doctor 'conduits' in effigy.... image
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    UncleJoeUncleJoe Posts: 2,552 ✭✭✭
    no
    yes
    no

    Joe.
  • Options
    saintgurusaintguru Posts: 7,728 ✭✭✭


    << <i>

    << <i>ttt....responses? >>



    Sorry - we're all off hanging coin doctor 'conduits' in effigy.... image >>



    This has been a GREAT market for effigies this year!

    BUSH
    THE POPE
    MOC
    BOOM

    Man...I wish I owned an effigy company! image
    image
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    I aspire to a half million collection... but have a long ways to go.
    Been collecting for 28 years, but only seriously (meaning with money to spend on it) the last 3

    By the way, I've never found it boastful when folks post 100k+ coins they bought. It's all in the hobby. I love seeing a really well struck or colorful buff worth $100, and I love seeing SG's saints, and some of the other 100k+ coins I've seen posted here. This forum would be a dry, listless place without seeing the full spectrum of coins and talking about them. Plus, I would not assume that the wealth of the collector (or lack of wealth) can be assumed from the value of coins purchased alone. I suspect there are collectors worth many millions who collect small change coins for fun, and also suspect that there are big dollar coin collectors that have stretched themselves to the limit for those coins.
    It's all good! I've never felt anyone here acts elitist.
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    RYKRYK Posts: 35,800 ✭✭✭✭✭
    This is the ultimate paradox of this board. Some here love to see pics of monster coins, love to talk about sales of monster coins, but act as if a scourge has entered the forum when someone actually says they own one of these! Coins aren't about BRAGGING. Everyone has their budget, and the envy and pettiness I've witnessed towards higher end coins/sets is such a contradiction. All I care about is good LOOKING coins.

    I have commented on many less expensive coins with the same fervor as I have on big coins. This resentment that some have is the big green monster, and to those who don't have the ability to accept the dichotomy of collectors here should start a "Little Coin Forum" so they can insulate themselves from the bitter taste of "other people's coins"!

    Carry on....I'm going through my pocket change filling my Whitman folders now.

    ttt....responses?


    Okay, I will bite. I also enjoy looking at and learning about coins in all price ranges on the forum, from cool coins found in pocket change to 1849 Double Eagles (IMO, the most valuable US coin) and everything in between.

    Recently, someone called me out in one of my threads as being an elitist for starting a thread about gold coins, since many forum members cannot afford to buy one, let alone assemble a collection of them. My response was similar to yours. I suggested that perhaps going forward we should only discuss coins that we find in pocket change, lest we offend our brethren who cannot afford to actually purchase coins. Of course, that is ridiculous, but to the point. We cannot (and should not) draw a monetary line above or below which coins should not be discussed. We should just STOP DISCUSSING MORGANS! image Just kidding, of course. image

    At any rate, a propos to the OP, I think that it is inappropriate to solicit forum members as to the value of their collections. If you hang around long enough, you will get an idea of who among the regular players has what and who among the regular players knows what. You would not go to a co cktail party and ask all of the guests how much they make and what their IQs are, would you?
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    saintgurusaintguru Posts: 7,728 ✭✭✭
    Rob

    This is a COIN Forum...the COIN market is about small and BIG coins, and the BIG coins make the news and are a reality.

    I will not be called an elitist because I have a bigger coin collection thatn some, nor will I attempt to steal all of Dippeddollatnut's coins...this week, because he is an ultra-elitist.

    image
    image
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    << <i>You would not go to a co cktail party and ask all of the guests how much they make and what their IQs are, would you? >>



    My IQ was AT'd back in the 60's! image

    And my answer is:

    No
    Yes
    No
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    Dog97Dog97 Posts: 7,874 ✭✭✭
    Simply put:
    no
    yes 35 years
    no
    I spared you the lecture about asking personal ??s because I took it more personal when saintguru made unsolicted & unprovoked comments about my dichotomy.
    Change that we can believe in is that change which is 90% silver.
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    saintgurusaintguru Posts: 7,728 ✭✭✭


    << <i>Simply put:
    no
    yes 35 years
    no
    I spared you the lecture about asking personal ??s because I took it more personal when saintguru made unsolicted & unprovoked comments about my dichotomy. >>



    Help me out with that one please? It's vague.
    image
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    << <i>I spared you the lecture about asking personal ??s because I took it more personal when saintguru made unsolicted & unprovoked comments about my dichotomy. >>



    Wy would one have to have their dicho removed anyway?

    image
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    Nope.

    Uh uh.

    Negative.
    image
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    saintgurusaintguru Posts: 7,728 ✭✭✭


    << <i>

    << <i>I spared you the lecture about asking personal ??s because I took it more personal when saintguru made unsolicted & unprovoked comments about my dichotomy. >>



    Wy would one have to have their dicho removed anyway?

    image >>



    Fungal infection? image
    image
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    Cool, another elitist thread…
    image
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    saintgurusaintguru Posts: 7,728 ✭✭✭


    << <i>Cool, another elitist thread? >>



    Amazing, considering that Laura isn't even posting!image
    image
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    MFHMFH Posts: 11,720 ✭✭✭✭
    Yup
    Yup
    Yup


    Yupper to all three qustions.
    Mike Hayes
    ~~~~~~~~~~~~
    Coin collecting is not a hobby, it's an obsession !

    New Barber Purchases
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    Dog97Dog97 Posts: 7,874 ✭✭✭
    Aint I a idiot. I googled my dichotomy & found out it has nothing to do with size.
    Change that we can believe in is that change which is 90% silver.
  • Options


    << <i>Rob

    This is a COIN Forum...the COIN market is about small and BIG coins, and the BIG coins make the news and are a reality.

    I will not be called an elitist because I have a bigger coin collection thatn some, nor will I attempt to steal all of Dippeddollatnut's coins...this week, because he is an ultra-elitist.

    image >>



    Hey saint...
    You should know, its not the size of your collection that counts...

    But whether or not its in plastic...image

  • Options
    Amazing, considering that Laura isn't even posting!


    They moved your thread... image
    image
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    saintgurusaintguru Posts: 7,728 ✭✭✭
    They moved THREE threads!!

    image
    image
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    dorkkarldorkkarl Posts: 12,691 ✭✭✭


    << <i>How many people on this board actually own $500,000 or more in coins?

    How many have been collecting for at least 10 years?

    Or, how many have bought and sold over $500,000 in the past 10 years? >>

    very possibly, definitely, almost certainly not

    K S
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    silverpopsilverpop Posts: 6,935 ✭✭✭✭✭
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    ricmanricman Posts: 313 ✭✭✭
    Not even close
    Yes
    No
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    Not quite, but I may get there in the future

    Yes, for many years

    No, but we'll see in the future
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    yes
    yes
    yes
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    FinallyHereFinallyHere Posts: 821 ✭✭✭
    Those of us with valuable collections would probably prefer to remain anonymous.
    Besides, I was raised to believe that one should not discuss what things cost or are worth !!!

    A smart feller this Sunnywood guy....he musta met my grandma along the way and she was a wise woman image

    Mike Printz
    Harlan J. Berk, Ltd.
    https://hjbltd.com/#!/department/us-coins
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    JJMJJM Posts: 8,128 ✭✭✭✭✭
    no

    yes

    no
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly, justindan
  • Options
    not even close
    it'd be kinda hard, since I'm only 14
    again...answer like above

    For the experience part of it- I've been seriously collecting coins for around 8 months, although I did amass a collection of world coins when I was around 7-8.
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    KonaheadKonahead Posts: 1,476 ✭✭✭
    image

    7 years

    image
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
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    SwampboySwampboy Posts: 13,233 ✭✭✭✭✭
    My IQ was AT'd back in the 60's!

    Ditto that , plus a lot of bike riding in the 50s with no helmet!
    image

    No
    Way yes
    No

    "Inspiration exists, but it has to find you working" Pablo Picasso

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    WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    Value is in the eye of the beholder...collected US coins WAAAAAY before gradings services arrived on the market. MS-65 Franklins were selling for $12 to $15 apiece back then...pre 1979 for sure! Wished I had the foresight to add about 200 of those beauties instead of just the complete set and then move onto other coins. Dang...Walkers were inexpesnsive too! The only coins series that has held its value since I've been collecting is the Morgans. Yesterdays experts were right...buy low/sell high.
    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
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    coinlieutenantcoinlieutenant Posts: 9,328 ✭✭✭✭✭
    Jay,

    The point I was trying to make is that if Don wanted to gauge the amount of experience one had in the hobby, his last two questions were a bit more pertinent than his first.
    Any moron can go out and spend 500K in coins and have a "500K collection". That doesnt give an indicator as to how much experience that person has.

    The middle question certainly does as time is a gauge of experience.

    So, asking about how much ones coins collection is worth, I think could be judged as an elitist comment by some. And Don must feel a bit of the same way since he thinks that the dollar value of ones collection was commensurate with numismatic knowledge...I simply disagree.

    The rich are afforded a certain amount of latitude...always have and always will. A poor man that is crazy is simply called crazy...but the rich crazy man is "eccentric" image

    I love to see expensive coins posted here...I cant hang with TDN and you and other million dollar+ collectors, but I still love seeing the coins...except for saints, which are ugly. image

    John
  • Options
    Any moron can go out and spend 500K in coins and have a "500K collection". That doesnt give an indicator as to how much experience that person has.

    Absolutely correct. I wasn't thinking of it that way when I wrote it, more along the lines of someone who had been steadily accumulating over the years. My intent was that somehow the 3 questions would cover all the bases.
    Don Willis
    Premium Numismatics, Inc.
    myurl
    800-596-COIN
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    orevilleoreville Posts: 12,292 ✭✭✭✭✭
    I never thought of my collection as having valuation. I always think of my collection as having coins I always wanted as a kid.

    But then again, there are so many more coins I would like to have that I have adored as a kid. I am certainly not alone in this.

    Even the greatest collectors of our generation always lack some coins they always wanted as a kid. But that is what keeps them as well as us going!

    My opinion:

    How many people on this board actually own $500,000 or more in coins? 25

    How many have been collecting for at least 10 years? 600

    Or, how many have bought and sold over $500,000 in the past 10 years? 100


    A Collectors Universe poster since 1997!
  • Options
    saintgurusaintguru Posts: 7,728 ✭✭✭


    << <i>Jay,

    The point I was trying to make is that if Don wanted to gauge the amount of experience one had in the hobby, his last two questions were a bit more pertinent than his first.
    Any moron can go out and spend 500K in coins and have a "500K collection". That doesn’t give an indicator as to how much experience that person has.

    The middle question certainly does as time is a gauge of experience.

    So, asking about how much ones coins collection is worth, I think could be judged as an elitist comment by some. And Don must feel a bit of the same way since he thinks that the dollar value of ones collection was commensurate with numismatic knowledge...I simply disagree.

    The rich are afforded a certain amount of latitude...always have and always will. A poor man that is crazy is simply called crazy...but the rich crazy man is "eccentric" image

    I love to see expensive coins posted here...I cant hang with TDN and you and other million dollar+ collectors, but I still love seeing the coins...except for saints, which are ugly. image

    John >>




    A question is asked, but if you answer "affirmative" you are either an elitist or indiscreet, or a rich guy. That's a hell of an objective setup, in my opinion. I'm not an elitist, I'm very discreet and I'm not rich by modern standards. But F* me because I answer yes!

    FWIW I probably collected as much as anyone here when I was 7-15 years old. I had stacks of Whitman folders, rolls of warnicks, all kinds of stuff...and 98% of it was collected by searching in the early-mid 60's.

    If you people continue to discredit or play proletariat/bourgeois re. collecting coins, you can count me out. The guy with the great coins is A-OK when he's posting "WOW" pics or giving away great coins, but just don't talk about your collection, right?

    This board is full of more petty jealousy, uninformed accusers of every type; lynch squads, whiney babies and as of late, crooks. And you guys have the NERVE to accuse the OPEN FORUM of being unwanted participants. I'll stand in front of anyone and tell you that this band of gypsies here is much more dysfunctional as a group as the OF ever was.

    You THRIVE on the "set-up". Man...I have seen hundreds of threads where a question is asked and as soon as the one dissenter stands up, WHAM!...he's eaten by green cowpie flies in mere minutes. This is not the coin forum I started on a few years ago. I'm not saying that all people are like this, but the mass hysteria among a significant percentage here is classic lynch mob mentality. This is a cyber version of The Lord Of The Flies and I would suggest to many of you that if you can't accept high end collectors with grace and appreciation, then either shut your mouths or you're going to lose them as participants. I'm sure your union boss, the Honorable Mark Feldimage, will have a nice lecture railing about this topic, but this is MY minute on the soap box and I've listened to enough.

    You can close your eyes and deny that the sky is blue, but it ain't gonna change.
    image
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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>

    << <i>Jay,

    The point I was trying to make is that if Don wanted to gauge the amount of experience one had in the hobby, his last two questions were a bit more pertinent than his first.
    Any moron can go out and spend 500K in coins and have a "500K collection". That doesn’t give an indicator as to how much experience that person has.

    The middle question certainly does as time is a gauge of experience.

    So, asking about how much ones coins collection is worth, I think could be judged as an elitist comment by some. And Don must feel a bit of the same way since he thinks that the dollar value of ones collection was commensurate with numismatic knowledge...I simply disagree.

    The rich are afforded a certain amount of latitude...always have and always will. A poor man that is crazy is simply called crazy...but the rich crazy man is "eccentric" image

    I love to see expensive coins posted here...I cant hang with TDN and you and other million dollar+ collectors, but I still love seeing the coins...except for saints, which are ugly. image

    John >>




    A question is asked, but if you answer "affirmative" you are either an elitist or indiscreet, or a rich guy. That's a hell of an objective setup, in my opinion. I'm not an elitist, I'm very discreet and I'm not rich by modern standards. But F* me because I answer yes!

    FWIW I probably collected as much as anyone here when I was 7-15 years old. I had stacks of Whitman folders, rolls of warnicks, all kinds of stuff...and 98% of it was collected by searching in the early-mid 60's.

    If you people continue to discredit or play proletariat/bourgeois re. collecting coins, you can count me out. The guy with the great coins is A-OK when he's posting "WOW" pics or giving away great coins, but just don't talk about your collection, right?

    This board is full of more petty jealousy, uninformed accusers of every type; lynch squads, whiney babies and as of late, crooks. And you guys have the NERVE to accuse the OPEN FORUM of being unwanted participants. I'll stand in front of anyone and tell you that this band of gypsies here is much more dysfunctional as a group as the OF ever was.

    You THRIVE on the "set-up". Man...I have seen hundreds of threads where a question is asked and as soon as the one dissenter stands up, WHAM!...he's eaten by green cowpie flies in mere minutes. This is not the coin forum I started on a few years ago. I'm not saying that all people are like this, but the mass hysteria among a significant percentage here is classic lynch mob mentality. This is The Lord Of The Flies and I would suggest too many of you that if you can't accept high end collectors with grace and appreciation, then either shut your mouths or you're going to lose them as participants. I'm sure your union boss, the Honorable Mark Feld, will have a nice lecture railing about this topic, but this is MY minute on the soap box and I've listened to enough.

    You can close your eyes and deny that the sky is blue, but it ain't gonna change. >>



    Well said.

    This place is like a poker table where the $1/$2 players can sit down with the no limit players. It would be nice if smoe of the players quit their b1tching.
  • Options
    This board is full of more petty jealousy, uninformed accusers of every type; lynch squads, whiney babies and as of late, crooks. And you guys have the NERVE to accuse the OPEN FORUM of being unwanted participants. I'll stand in front of anyone and tell you that this band of gypsies here is much more dysfunctional as a group as the OF ever was.

    imageimageimage

    You've been here much longer than I, but so far I can't argue with your comments!

    The point of this exercise was to use some objective criteria to establish levels of expertise.

    Others suggest 4% meet one or more of the criteria. Lets see how the responses continue
    Don Willis
    Premium Numismatics, Inc.
    myurl
    800-596-COIN
  • Options
    lkeneficlkenefic Posts: 9,340 ✭✭✭✭✭
    ...I'm in the "no, yes, no" group as well...L
    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
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    None of your businessimage
    yes
    yes




    << <i>Cool, another elitist thread… >>



    Unfortunately the majority of Americans can never understand someone being able to spend $5,000.00, $50,000.00, $500,000.00 or $1,000,000.00 on a coin. It's just human nature to throw stones at those who can.

    I've made the mistake of telling friends on occasion (if they asked) what I actually paid for a coin....big mistakeimage

    It has nothing to do with being an elitist, it has to do with an individual having the financial capacity to do things that most others just dream of.

    It's no different for these collectors to fill a hole with a $50,000.00 coin as another collector filling a hole with a $50.00 coin. Everything is relative.


    We're all collectors and we all love coins. Just at different levels.




    I should add that many of the most knowledgeable collectors I know have collections under or around $100K.

    Size doesn't always matterimage





    Please visit my website prehistoricamerica.com www.visitiowa.org/pinecreekcabins
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    Darn fine rant, SaintG. image

    As good as any in recent memory.
    Brevity is the soul of wit. --William Shakespeare
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    saintgurusaintguru Posts: 7,728 ✭✭✭


    << <i>Darn fine rant, SaintG. image

    As good as any in recent memory. >>



    Thank you Bard. That was the watered-down version. image
    image
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    PerryHallPerryHall Posts: 47,528 ✭✭✭✭✭


    << <i>I've made the mistake of telling friends on occasion (if they asked) what I actually paid for a coin....big mistakeimage >>



    What was their reaction? Did they think you had money to burn so they tried to hit you up for a loan? Did they try to have you committed?


    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    relicsncoinsrelicsncoins Posts: 8,280 ✭✭✭✭✭
    I've been collecting off and on since about 1977.

    JJ
    Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
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    << <i>What was their reaction? >>




    First it's shock, then it's awe, then it's disbelief and they say something like.......No Way........and you confirm what you paid, then they go quiet.

    Please visit my website prehistoricamerica.com www.visitiowa.org/pinecreekcabins

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