Do you know any deep pocketed collectors who collect coins merely to acquire new trophies...........
SanctionII
Posts: 12,636 ✭✭✭✭✭
............ and who quickly lose interest in the acquired coins?
For example: a person who spends substantial money to buy a completed collection of MS Morgans, who puts the collection in a Safe Deposit Box upon acquiring the collection, who looks at the collection only once and who sells the collection the following year.
I have no doubt these types of collectors who collect trophies just because they can exist. I suspect that the hobby does not give these types of collectors much enjoyment.
For example: a person who spends substantial money to buy a completed collection of MS Morgans, who puts the collection in a Safe Deposit Box upon acquiring the collection, who looks at the collection only once and who sells the collection the following year.
I have no doubt these types of collectors who collect trophies just because they can exist. I suspect that the hobby does not give these types of collectors much enjoyment.
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Every coin I collect is a "new trophy" however my pockets usually stop at about my hip bone!
Other's pockets go all the way to their toes!
The name is LEE!
Check out the Southern Gold Society
<< <i>............ and who quickly lose interest in the acquired coins?
For example: a person who spends substantial money to buy a completed collection of MS Morgans, who puts the collection in a Safe Deposit Box upon acquiring the collection, who looks at the collection only once and who sells the collection the following year.
I have no doubt these types of collectors who collect trophies just because they can exist. I suspect that the hobby does not give these types of collectors much enjoyment. >>
Not much enjoyment looking at your coins once a year.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i>Does the guy who bought the 1933 Double Eagle count? >>
Since that specific buyer remains anonomous, this is a question that cannot be answered.
However, I wonder if he/she has lawyers submitting idea's to the US Government on how to prevent the latest 10 eagles from getting monetized as it would represent a loss for his "investment" dollar.
The name is LEE!