Great collections are formed by pushing the limits
Billet7
Posts: 4,923 ✭✭✭
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Billet7
Posts: 4,923 ✭✭✭
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Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.<< <i>a good eye forms a great collection >>
So pushing the limits of visual quality forms a great collection. No?
There are many ways of pushing the limits.
<< <i>Great collections are often formed by those that sacrafice much over a long period of time. Those that form these great collections often have great patience and/or the willingness to upgrade when the opportunity presents itself. For those that do not have great financial resources, patience, blood, sweat and tears are often common factors. >>
A lot of truth to this, not all of the great collectors were wealthy, but of those who weren't a huge sacrifice was required.
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Regards, Larry
<< <i>Great Collections are formed by Ian Russell. >>
Laura might disagree!
<< <i>Great collections are formed over time, and being in the right place at the right time.
Regards, Larry
PATIENCE. Patience and a good eye form great collections. It has been shown that given enough of these two ingredients, money is secondary (or tertiary?).
Matt
Empty Nest Collection
<< <i>
<< <i>Great Collections are formed by Ian Russell. >>
Laura might disagree! >>
Maybe to be more specific GreatCollections.com was formed by Ian Russell.
Opportunity is often more important than price
I like my small efforts toward my basic U.S. type collection, but I'm sure that the opinionated crowd here would enjoy picking it apart and telling me how great thou not. It isn't a "great collection", but to me it is a great joy because I enjoy looking at it and marvelling at the art and history of what I own.
"Got a flaming heart, can't get my fill"
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Edit to add: Pushing the limits sounds a bit like using a bunch of credit to accomplish such a task.
I'll pose a very basic question for forumites to ponder before the post their replies.
The question is: What is the definition of "GREAT" in the term "Great collections"?
For the majority of collectors [all except those who (without substantial personal effort, labor and learning) have inherited or otherwise acquired collections that have been assembled by others], forming a great collection will most likely require time, work, knowledge, effort, luck, opportunity, passion and cultivation of sources/contacts/methods in addition to resources.
Yup my Credit Cards are maxed out. ;0
just kidding
Great collections are formed by pushing the limits
It takes more then money and persistence but they are a start.
2) You need to have the patience to wait until you find what you are looking for at a reasonable price
3) You need to have the contacts which make the quality material available to you before it either disappears or gets marked up three times so it is no longer affordable.
An unlimited source of funds does not guarantee a great collection. I've seen some collections which I will not name here which were built this way. Note - I don't consider a collection of coins in which the buyer is upside down financially in a major way to be a great collection, irrespective of the coins which are held.
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>Sinply put: the art of taking or executing on that one opportunity if allowed to be presented on only the material that stands miles above all other examples. >>
That was simply put?
I would say a great collection contains coins of limited availability of exceptional quality that cohesively bond together to exceed the sum of it's parts through focus and passion.
I Had one of those opportunities recently on two rare date pop top USPI coins.
I had to get aggressive or never see them again as I had never seen these dates in these high grades before.
It Took two months of negotiations on price and discussions about the pieces to convince the owner /dealer to sell. I Stepped up on the price I was willing to pay (Opportunity is worth some dollars)
Passed on other opportunities to focus my funds. It paid off. My registry sets got a big boost in points.
Krueger
<< <i>and understanding what others don't in your series of choice. >>
Pushing the limits of knowledge...knowing what others don't can definitely help in forming a great collection.
<< <i>Pushing the limits of knowledge...knowing what others don't can definitely help in forming a great collection. >>
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
If you simply push the limits of what you'll pay for a coin, you'll have an expensive collection, not necessarily a great one, otherwise you'd see "great collections" built from Littleton and TV shopping.
If you push the limits of how much one person knows about a series, you still have to leverage this information asymmetry by appling that knowledge and being able to act upon it.
And with respect to what constitutes a great collection, if one simply equates collection greatness with registry points, the only limit that need be pushed is what will be paid. That approach will likely seem more simplistic as one pushes the limit of their depth of knowledge about what they're collecting.
Building anything that is considered great, be it a collection, a building, a symphony, or a piece of software, also requires a goal and a strategy for achieving that goal. Given a goal and a plan, the limits that are pushed may simply be your personal limits of patience and perseverance.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
What the "public" views as a "Great Collection" is the result of either targeted or broad marketing.
I can collect Eisenhower Dollars endlessly and still not have what would be considered a "great collection". However, if I can assemble a "Top Pop" collection, then it could be considered great. It would be even "greater" (to me) if that could be done via "raw" coins and submissions without having to "purchase" the top pops from someone elses "great collection".
Non Top Pop collections require coins with great eye appeal to all viewers, not just those that appreciate the series.
But then...........who is to judge whether or not a particular collection is "great"?
The name is LEE!
<< <i>Great collections are formed by living in the mid 1900's and having a nearly unlimited amount of funds.
Of course you're referring to Louis Eliasberg.
The name is LEE!
Well said, IMO, coins that are rare, of high quality, and/or special in other ways, often sell for more than listings in price guides. They also often sell for more than previous auction records for coins of the same type and date or for more than auction records for different coins that are seemingly equivalent. Great collections are generally not formed by collectors who are looking for ‘bargains’ or who try too hard to pay no more than ‘market prices.’
What are Auction Prices?
Natural Toning, Dipping and Coin Doctoring, Part 1
``https://ebay.us/m/KxolR5
Necessary, but not sufficient.
<< <i>
<< <i>a good eye forms a great collection >>
So pushing the limits of visual quality forms a great collection. No?
There are many ways of pushing the limits. >>
I think that is one out of many factors of forming a great collection. I would dare to say that most of us are in constant motion of forming great collections all our lives.
I would say to build a great collection you better make friends with the inner circle and hope they do not make you the whipping boy.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"