Would you pay $183.000 for one coin?

Discussion in 'Coin Chat' started by meandyou4ever0, Sep 27, 2026 at 2:28 PM.

  1. meandyou4ever0

    meandyou4ever0 meandyou4ever0

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  3. longnine009

    longnine009 Darwin has to eat too. Supporter

    Yes but it would only be for political and economic beliefs not collecting. The only trophy coin I'd buy for collecting joy would be the Ford or Newman CSA half. Since either one would likely go in the millions, it doesn't exactly pose a buying dilemma at the moment.:confused:
     
    Last edited: Sep 27, 2026 at 3:45 PM
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  4. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    If I had the money, sure.

    I do well for myself, and have been fortunate to buy several coins worth a bit of money. If I had more money, I could spend more money.

    Just buy within your budget and your interests, whatever that might be.
     
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  5. -jeffB

    -jeffB Greshams LEO Moderator

    Yes, but only if I could immediately flip it for a profit that made it worth all the upheaval. Spending six figures on any one item isn't something I do, with the sole exception of the house we've been living in for the last 30 years. Not interested in effectively re-mortgaging the house for anything less than a very profitable very sure thing.

    And since this was sold in a high-profile auction, the chances of my doing that are pretty much zero by definition. If someone wanted it enough to spend $200K or more, they would've just outbid the winner.
     
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  6. Pickin and Grinin

    Pickin and Grinin Well-Known Member

  7. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    The thing is, these sorts of coins are not usually bought by people trying to flip it. They are buying because they are collecting. People with this much money are buying a $183k coin like you and I would buy a $183 coin. They just have a lot more money!
     
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  8. chrissy1955

    chrissy1955 Well-Known Member

    Sounds like something serious collectors might be willing to do and by serious, I mean those with serious amounts of money. As a casual collector, IF I was in the aforementioned group, a coin with historical significance would merit the purchase. I've never been moved by just simply the rarity of something.
     
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  9. -jeffB

    -jeffB Greshams LEO Moderator

    I'm not a "serious collector" of anything at the moment, I guess. But even if I do become one, I won't be playing in the six-figure market. Not even five-figure.
     
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  10. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I don't know, if I had coin cash in 6 figure zone, I would have a lot of 5 figure coins.
     
  11. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Depends on what your goals are, doesn't it? We've all got different goals. This particular individual seems to have the goal of building the all-time finest Walker collection. If your goal is different, this coin isn't for you...

    If I had hoards of cash, I personally would pay out for a prooflike Walker, Buffalo, and Saint. But my goals aren't your goals.
     
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  12. fretboard

    fretboard Defender of Old Coinage!

    Yep but only if I was a millionaire! lol.gif
     
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  13. meandyou4ever0

    meandyou4ever0 meandyou4ever0

    You and me both!
     
  14. KBBPLL

    KBBPLL Well-Known Member

    If $183k is your hobby money for one coin, you're way more than a millionaire. I know there's no hard rules, but let's say the most I've ever spent on a coin was .0004 of my net worth. Apples to apples, I'd have to have $500 million before I'd spend that much on one coin.

    Which I wouldn't do anyway, honestly.
     
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  15. ToughCOINS

    ToughCOINS Dealer Member Moderator

    A lot of coins of that caliber are bought by dealers who have buyers willing to pay even more.
     
  16. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Well….. I been a blessed old man and have been able to afford some of the coins I dreamed of my whole life. I have spent four figures for several of my better coins….. But if I were a fellow with six-seven figure checking accounts, I could certainly see myself spending six figures for something as special as a 1792 half disme or a continental dollar perhaps. History just oozes from pieces like that.
     
  17. ToughCOINS

    ToughCOINS Dealer Member Moderator

    If you have a third of a hoard, I'll keep my eyes peeled for a prooflike Walker, Buffalo, or Saint ;).
     

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