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being a coin collector and the richest man in the world would be awful!

mozeppamozeppa Posts: 4,431 ✭✭✭
everyday your wife would come home from shopping and you'd say "what didja buy?".....then you both say "everything"image




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Comments

  • lathmachlathmach Posts: 4,720
    If you were very rich would you get the same pleasure from collecting?
    I wouldn't.
    Buying rare coins if I were very rich would be like buying washers at the hardware store is for me now.
    What challenge is there when you can buy anything?

    Ray
  • MWallaceMWallace Posts: 4,294 ✭✭✭✭✭


    << <i>What challenge is there when you can buy anything? >>



    The challenge is in the search.
  • PerryHallPerryHall Posts: 46,612 ✭✭✭✭✭


    << <i>If you were very rich would you get the same pleasure from collecting? >>



    Yes. Just because you're rich doesn't mean it would be easy to collect the major rarities. There are other rich people out there competing with you and most major rarities are in tightly held hands.

    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

  • speetyspeety Posts: 5,424


    << <i>

    << <i>If you were very rich would you get the same pleasure from collecting? >>



    Yes. Just because you're rich doesn't mean it would be easy to collect the major rarities. There are other rich people out there competing with you and most major rarities are in tightly held hands. >>



    For most series, obtaining the finest pieces is more about the opportunity and timing then the actual cost of a coin. If the Childs 1804 or the J-1776 came back around I think the price would be stunning. But even the biggest of buyers would have one helluva time trying to convince their owners to sell.
    Want to buy an auction catalog for the William Hesslein Sale (December 2, 1926). Thanks to all those who have helped us obtain the others!!!

  • garsmithgarsmith Posts: 5,894 ✭✭
    << being a coin collector and the richest man in the world would be awful! >>

    I could live with it image
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Soon everyone would know that you are interested in the top coins. There would be no search, there would be a line at your door. --Jerry
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,408 ✭✭✭✭✭
    Limitless wealth may not guarantee coin collecting satisfaction but I would certainly give it a try. image
  • intenceintence Posts: 1,255
    some day...... some day
    image
  • WalmannWalmann Posts: 2,806
    << being a coin collector and the richest man in the world would be awful! >>

    There are many people out there more than willing and able to help you out of that dilemmia, curing you of your richness.
  • RedTigerRedTiger Posts: 5,608
    As an aside Warren Buffett was a childhood coin collector. He had albums that he filled with coins from his newspaper route. I don't believe he collects anymore. Bridge, and some other computer games take up his leisure time. I do wonder if he still looks at his change (yes he does get change as he does buy things himself).

  • derrybderryb Posts: 37,470 ✭✭✭✭✭
    i'd be collecting exotic cars (and women)

    The price of gold is set by faith, or lack of, in the currency it is priced in.

  • notwilightnotwilight Posts: 12,864 ✭✭✭
    I guess the first think I would do is buy PCGS to be my screeners...
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    I assure you it isn't.


    Steve
    Good for you.
  • crazyhounddogcrazyhounddog Posts: 14,024 ✭✭✭✭✭


    << <i>Soon everyone would know that you are interested in the top coins. There would be no search, there would be a line at your door. --Jerry >>


    image
    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.

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