When collecting interests are killed by budget ristrictions

Discussion in 'Coin Chat' started by GobrechtReich85, Dec 14, 2014.

  1. GobrechtReich85

    GobrechtReich85 Active Member

    A Collector walk into a coin shop and the owner greets you:

    Shop Owner: "Hello, welcome to Goldvine Numismatics. How may I be of assistance.

    Collector: "I'm just looking to add something to my collection."

    Shop Owner: "Alright. What are your particular interests?"

    Collector: "I like Draped Bust silver coins graded Very Fine or higher, Draped Bust half eagles, particularly the small eagle reverse varieties, Gobrecht Dollars graded proof 63 or higher, California territorial gold, mid to late 19th century silver proof coins, particularly of the Seated Liberty design graded proof 64 or higher in deep mirror cameo or nice colorful toning, proof and DMPL Morgan Dollars graded proof and mint state 66 or higher and Massachusetts Pine, Oak and Willow Tree coinage."

    Shop Owner: "Okay, and how much were you looking to spend today?"

    Collector: "I've got about fifty bucks."
     
    Mainebill, spirityoda, Jaelus and 2 others like this.
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  3. bigjpst

    bigjpst Well-Known Member

    Shop Owner: Well sir, it's your lucky day. I have several auction catalogs in the back with pictures of all the coins mentioned. Have a blast drooling on the glossy photos.
    :D
     
  4. 19Lyds

    19Lyds Member of the United States of Confusion

    This dialogue doesn't sound like the collector "interest" has been killed. It sounds as if the collector only has $50 to spend. But s/he's still "interested".
     
    jgreenhood, krispy and spirityoda like this.
  5. spirityoda

    spirityoda Coin Junky

    $50 to spend will not get you those grades geez get real.
     
  6. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    I've go 3_4k to put as a down payment
     
    jgreenhood likes this.
  7. wcoins

    wcoins GEM-ber

    Shop Owner: We have all those in stock and will accept $50. But you would have to pay in GEM BU 1909's VDB's.
     
    Seattlite86 likes this.
  8. d.t.menace

    d.t.menace Member

    This collector has a worse problem than just buget restricitions. He sorely needs some education.
     
    GobrechtReich85 and spirityoda like this.
  9. physics-fan3.14

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

    He sounds well educated and has great taste - those are all fine things.

    He just doesn't have any money.... :(
     
  10. Seattlite86

    Seattlite86 Outspoken Member

    Sounds like the interest isn't killed, just the ability to acquire more coins within the interest.
     
  11. Bill1517

    Bill1517 Active Member

    Pick out the coin from the stock you want. Use the 50 bucks for a downpayment and put it on layaway. Pay x amount each month until paid off. Otherwise, buy the catalog or collect lesser items......
     
  12. Coin Monger

    Coin Monger New Member

    This collector has great tastes, but is completely out of touch with reality. If someone here can demonstrate how to legally acquire any of these coins on his budget, you can be my mentor.
     
    Seattlite86 likes this.
  13. saltysam-1

    saltysam-1 Junior Member

    He must be collecting more modern stuff if fifty dollars can buy him coins in those grades. He could opt for CWT or eBay or China.
     
  14. GobrechtReich85

    GobrechtReich85 Active Member

    Well, some of those things are $30,000 or more. So I don't think $50 would be an accepted down payment. It would take so long to pay off that the dealer would ending losing money. If someone made down payments of $50 a week or $200 a month on an item that expensive it would take at least twelve and a half years to pay off. It's a good thing I like other less expensive stuff. To me, coins of that caliber are to be admired from a distance. A lot of people like and can appreciate fine art but most don't have the means to afford an original Monet or Rembrandt. This would be a similar situation.
     
  15. John Anthony

    John Anthony Ultracrepidarian

    Plot twist: it happened in 1914.
     
    Seattlite86 likes this.
  16. Conder101

    Conder101 Numismatist

    You will notice in the OP the Collector said he LIKED those things, (So do I) but he never said he COLLECTED them. I like a lot of those type of things as well, but I collect early large cents in Fr-2 and AG-3 and 18th century British tokens if somewhat hgher grade. $50 can put a down payment on one of those cents and can often buy the tokens outright.
     
  17. green18

    green18 Unknown member Sweet on Commemorative Coins

    Auch Tung.......
     
  18. green18

    green18 Unknown member Sweet on Commemorative Coins

    Spelling probably dangerously wrong......
     
  19. saltysam-1

    saltysam-1 Junior Member

    You will also notice the collector is yourself. The last four words in the opening sentence are: "the owner greets you".
     
    Last edited: Dec 15, 2014
  20. green18

    green18 Unknown member Sweet on Commemorative Coins

    Well , let's receive him, good fellow that he is.......
     
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