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?
<< <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
<< <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!!!
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).
Comments
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
<< <i>What challenge is there when you can buy anything? >>
The challenge is in the search.
<< <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
<< <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.
JH
Proof Buffalo Registry Set
Capped Bust Quarters Registry Set
Proof Walking Liberty Halves Registry Set
I could live with it
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
There are many people out there more than willing and able to help you out of that dilemmia, curing you of your richness.
The price of gold is set by faith, or lack of, in the currency it is priced in.
Steve
<< <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 >>