What defines expensive to you?

Discussion in 'Coin Chat' started by FE21, Dec 28, 2012.

  1. FE21

    FE21 Member

    Not that I'm going to Google you and find your house to break into (I might if you don't respond to this post)...
    But seriously, what kind of price tag would something have to have in order for your wallet to notice? For me anything over $50. But then again, I am a YN. Just not an awesome 11 year old collector. :cool:
     
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  3. bsowa1029

    bsowa1029 Franklin Half Addict

    For more expensive coins anything under $300 I would consider in my budget. I really like to stay under $200, though.
     
  4. COINnoisseur

    COINnoisseur Professional Amateur

    bsowa1029 said it for me. anything over $200 is too much
     
  5. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    My wallet notices $50. However, if I am looking at decent large cents, then I need to start thinking $150 and more. At that point, I would say is the threshold of expensive for me right now.
     
  6. medoraman

    medoraman Supporter! Supporter

    Its personal I suppose. I have one coin that if I ever found one for less than $1500 I liked, (Fine grade is all), I would buy it. I have others on want lists for around $800. For most items, though, I like to be around $100-200 for nicer items.
     
  7. marid3

    marid3 Member

    Same here.
     
  8. Coinstruck

    Coinstruck ANA BR-3167585

    My monthly budget for coins is $50-$100. So if I wanted a really nice rarity, I'd have to go without buying for a few months. And that's just not possible....
     
  9. gbroke

    gbroke Naturally Toned

    For me, it is more about the overall budget, and not one particular cost. Anything over $600 a month, and my wife might start to notice. :devil:

    However, certain things happen that will wipe out the entire budget. Car troubles, doctor visits, etc...
     
  10. Hunt1

    Hunt1 Active Member

  11. Derick

    Derick Well-Known Member

    Humans spend massive amounts of energy in order to contain entropy as described in the second law of thermodynamics, but in most cases with a futile outcome. Thus, a GOOD coin; with minimal energy spend in good keeping; it only gets better with time. Some may consider it even superior to a very good French wine, which makes it priceless.
     
  12. Copper Head

    Copper Head Active Member

  13. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    Derick, you just confused me. Please clarify.
     
  14. sonlarson

    sonlarson World Silver Collector

    I set aside a certain amount each week as "hobby money". If I see a coin I want and the funds are there, I'll buy it. If not I cheat, and still buy it. The most I ever spent on a single coin was $360. Normally $40-$100 is my range.
     
  15. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Now that I am relegated to living off of Social Security, expensive to me is anything the government won't pay for.

    Chris
     
  16. Blaubart

    Blaubart Melt Value = 4.50

    It depends on what it is. A $100 candy bar is expensive. A $100 car is cheap. A $100 2012 penny is expensive. A $100 1889 CC Morgan is cheap.

    As for what my wallet (wife) notices, I'd say about $1,000. I'll spend < $1000 on an impulse buy. Anything over $1000 usually gets researched and slept on.
     
  17. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    Chris, you are very, very funny. I am sure you sneak in a cool medal every now and then.
     
  18. Derick

    Derick Well-Known Member

    What I am saying, what else in live gets better (also in monetary value in most cases) with time with minimal effort and how much is that worth?
     
  19. Coinstruck

    Coinstruck ANA BR-3167585

    I should say that my monthly budget of $50-100 is what I can spend without notice of course. ;)
     
  20. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    Aaaaaaaah, I get it!
     
  21. Prime Mover

    Prime Mover Active Member

    This is a tough one, since I've not spent more than $40 on a single coin yet. Sets of coins, I've gone to about $80 so far (not counting trades I've done through CT so far). Spending over $100 on a single coin to me at the moment still seems painful, but then again I'm a cheap moderns guy right now. When I need to fill that last few spots with a high grade or variety, then we'll see how much pain I can endure.

    But, I've no problem laying down $300-500 for a good bullion deal here and there, but then again, that's not a single item.
     
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