What is better - owning or pursuing a coin? I voted owning. The hunt isn't that much fun for me because I chase things that were not made in the millions (I'm not talking about ancients but military trade tokens). I cannot pick and choose tokens in the highest grade possible.
I think you can make a case either way for both common and uncommon items. I think it really just comes down to the person. Some like the search more while others prefer possessing more. Although the search can be fun at times, I too prefer finding and owning (as a result I voted "owning"). It's the climactic part of the whole collecting thing (for me). Admittedly however, the joy of owning sometimes wears off.
I probably shouldn't have included a third option of "both equally". Seems like an easy out when a little uncertain and not forced to decide.
Have to say "owning" also. The hunt consumes time & money. Some coins can take up a lot of both. While you can brag or tell stories of the hunt or how much money you spent or didnt spend on any given coin. Owning it you can admire your accomplishment at your choosing, as well as showing off your accomplishments.
I sometimes get an adrenaline rush when I find something I thought I'd never see "in the wild", by which I mean, not finding it in the catalogue of a major auction or in the showcase or on the website of a major dealer. A few instances that come to mind are: A lightly cleaned matte proof 1912 Indian Quarter Eagle I bought in an eBay auction for a few hundred bucks; (2) 1877 indians in an unsearched accumulation of mostly US coinage; A full gem 1969-D Jefferson Nickel with 4.75 steps . . . only a few dollars in a coin shop. I get much more excited over those than I do the items I target for purchase at shows or auctions.
If I didn't love to own coins, I wouldn't do it. But I also love the hunt, the bidding, the negotiating. The hunts have given me the privilege of doing business with some fine dealers and experts.
Absolutely, and sharing! I will be making a presentation of my Peace Dollar registry set in the fall coin show here in town. The pictures aren't finished - but the set is. My obsession over the last few years with Peace Dollars now sits on page 1 of NGC's registry sets. http://coins.www.collectors-society...etListing.aspx?PeopleSetID=174970&Ranking=ngc
I have a friend who says, "A collection is like a shark; it must move forward or die." I have another friend who collected in a particular area for a long time, got most of what he wanted and could get, wrote a book on it, and sold out. They apparently agree, owning is not enough. If the collection cannot move forward, it is time to sell out.
I'd say both with an exception, I love metal detecting, its the hunt, digging for the unknown. To pull a nice condition silver dime deep from the ground; well you cant beat it
There is nothing like the feeling of finding a gem in the rough when nobody else could - Condition Census VAMs in a Heritage auction, a Prooflike 1921 from Ebay in a lot of 3 for $40 when they were $15 each, a Gem Lincoln from images that made it look circulated. Few coins give me nearly as much enjoyment with ownership as they did in the process of finding them.
It took me 46 years to discover that it was neither one for me. I discovered, finally, that it was the study of coins that I really loved. Not owning them, and not pursuing them - but studying them, gaining knowledge about them. And then sharing that knowledge with others. Which is why in 2006 I sold my entire collection and completely stopped collecting coins.
Yeah, in 1960. Point being, I've always bought books. So no, I did not switch from collecting coins to collecting books. But I did continue to buy books for long after I stopped collecting coins. You can't study anything without books.