Coins to invest in??

Awww... ND's in love.
How sweet.

Somebody better pinch him.

 

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Then you don't know GD. I doubt very much that GD will sell many of those. The only time he does sell is when he's shifting focus and the money from selling one lot get put straight into the next lot. He sold of his US coins to focus on World coins. GD likes his history and he spends a long time searching for that right example.

I'm less fussy i just buy what i like the look of, or what i can afford. If i had $5000 you can bet your bottom drawer i'd be looking for a coin at the top end of that, so i'd look everywhere for a $5000 coin that i've always wanted. I rarely think of resale i just think of buying expensive coins that i might never have the chance of owning again. Coins with history, coins with character, coins with a nice price tag.

I sell em cheaper once i've had enough anyway.

 

Well if you ever get fed up of your continental Ryal imitation you know where i am...

 

Oh this noble/ryal thing is spreading. Well i'm trying to decide whether to get another noble of a different king, or get another annulet issue, but this time an half noble and put together a c.1422 denomination set, by class.

London mint annulet issue Noble - farthing (and you know the half noble and the farthing are gonna be the killers).

 

The halfs are rarer. They go for the same kinda price as the full thing, usually about 2/3rds of the price. That's if you can even find one!

Quarter nobles are much easier to find.

 

So based upon knowledge and studing one can be determined to be a serious collector ?

Im afraid I will have a small disagreement with this senario,,, actually using the reference made to the humble beginnings that have been listed,,

worn out coins collected at the beginning of the ride,

If this in fact started the collector inside you then at what point did you become serious, was it with the purchase of the first book? was it when the first spark was ignited by the first coin ?

or were you a serious collector when you learned your first historical fact ? or maybe it was when your library grew beyond your collection ?

based upon the theory that only those who study the minute details of the history of any given coin or several coin designs,uses and inception can be serious then in fact no one with less than a life time can be considered serious.

This type of judgement can only lead to the very new, almost new, moderately new,and in many cases the not new at all,collector seeing this hobby as a for the rich and well learned hobbist,after all you cant be serious unless you spend the money (which not all collectors have) on the many and varied books that are written, published and sold which seldom agree on anything but the most basic of facts, (mintage years,composition,designer,and such)

I for one believe the seriousness of this hobby comes from the heart not the head,,I may be way off base here,but that is how I feel when I read posts such as these that put a hard line on what makes a person serious about any given hobby.or activity,,,

 

Did you get to know which king it was?

There are some rare muled dies from the Henry V/VI periods, and some very rare classes, it could have been one of those.

If it was King Henry IV then the half noble is much much rarer than the noble. Both are rare but the half cheapest price you'll ever get one for is £4000-£5000 if you can ever find one. Whereas a noble of that king can be bought for £1,600-£2000 min.

 

Mine cost me about $1800 and that is at the cheaper end of the noble spectrum. For GVF coins you'll not get one cheaper. Infact it can be anything upto $10,000 or more if you're onto Henry IV or Richard II.

Richard II is a key reign. As is the Edward IV heavy coinage variant.

 

I believe seriousness comes from how dedicated you are to the hobby. Be that dedication through checking you change for ever detail, dedicated through knowledge persuit or dedicated for spending cash on them.

None serious would be the casual collectors who collect a bit heere, a bit there, stop collecting... then come back, then stop. Then start again.

Or ones that are only into coins as part of their investment portfolio, that wouldn't really be serious either i shouldn't imagine.

I think the following question would determine how serious you are;

"How much time/money do you spend on coins and coin related topics?"

 

Don't get serious collectors confused with élitist collectors.

 

Sylvester

Ok lets set the mark !

5 1/2 hrs. a day as a minimum for time .

and lets be conservative- 4.000 dollars a month as a minumum for expense,Purchasing, attending coin shows etc.

or lets try this your serious if you have collected consistently ,meaning bought or added at least one coin per month for 25 years.This of course does not include any coin bought that was subsequently sold ,even if the proceeds were used to purchase more coins.

Do you qualify? I dont !!! based on this minimum mark that I have set as a guide for what would be a serious collector . Based on your criteria .

I hope you can tell that Iam being sarcastic in my remarks, but the cast that you have set in your post as a bench mark for (seriousness) leaves both points open to a personal judgement of what constitutes each.

I repeat (seriousness) is a heart condition ,not one of economics. or positional time management.

in other words the Husband, Father who works two jobs to see to the means of his family and can only buy one coin a month or 3 coins a year and spend 2 hours a week sometimes ,can be just as serious as the retired or better employed collector with 5 or 10 times the time and money.But just does not have what it takes to reach the mark.

 

Let me apologize if I did not make my statement clear. I do not believe one has to be an expert to be serious. One doesn't have to spend 40 hours a week studying coins. Study time can be limited to reading various articles or every referrence book printed.
Serious to me, is one that takes the time to learn. Now that knowledge isn't based on how many facts you can recall off of the top of your head. It is a love for what you do.
You could be serious about damaged or holed coins. There is no monetary standard by which one can be judged in relation to coin collecting.

The best example that I can give is Mr. Q. David Bowers. Here is an expert by most standards, and yet he collects Civil War Tokens and Currency from the north east. He routinely spends 10 to 25 dollars on a coin. It isn't the dollars in your pocket that make you better than another.

 

Who said anything about $4000 per month?

I stated 'seriousness from time/money spent on coins'.


As far as i'm concerned if you regularly direct any of you wage to buying coins (no matter how small), but you regularly make allowances for coin purchases then yes you are serious. Even if it's only $25 per month.

If you don't spend a cent of coins, but spend an hour a week sat at a desk with a big pile of Lincs looking for a certain date, or errors or whatever, then that makes you serious.

If you put in time, effort and money on a regular basis no matter how small and you are dedicated to it then you're serious.

Too many people equate serious with élitist. Like you just did.

Some of the most serious collectors out there collect Lincoln cents from change, but they're not élitist collectors.

Elitist collecting are those that spend say $4000 per month and spend years studying one area in minute. They arenot just serious about the hobby but totally dedicated on a level that might be more prone towards obsessive minutæ. Of course élities can also simply be show offs that have cash to blow, but then they aren't specialists!

 

I became a "serious" collector in my own mind when I switched from accumulating coins with out any goal, to having specific collecting goals which I worked toward with purpose. For example, my first real goal many years ago, was to put together a set of Mercury dimes, without the 16-D.

I just don't like to see multithousand dollar coins marketed for "serious collectors". Having the money to buy these does not itself make one serious.

 

Just amounts to being an élitist snob...