We are playing a dangerous game, aren't we?

I do not collect for investment value or what might be. Some of the greatest fun I have with the multiples of coins is giving them away to others. A nephew came this weekend to help get my Mother in Law's home, ready for sale. I came home a put together a small collection of 2-3 hundred coins to give him in addition to some pay for helping work all weekend. I watched as his eyes lit up with enjoyment when opening the box. I never counted what I gave him or sorted out the ones with value and the ones that did not. The questions started and we spent a good hour together talking about coins, condition , handling them , value, which I stressed to buy what you like. Now I do not care if people collect grasshoppers . If this is something they like doing, and find value in having any item, then that's great. So if your a silverstacker , coin collector , bug finder who cares . It boils down to whether your getting some enjoyment in what your doing , that I find the most important aspect of any collection, investment, or hobby. dillan

 

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The fun part. I agree. I forgot the Hunt part too.

 

I second your statement good sir! I am fairly new at collecting coins, and I never pictured myself doing so until I asked my 6 year old daughter to hunt for ugly pennies with me soon after I inherited it from fraternal brother who I had to care for his last 3 months in hospice. The gleam in my daughters eyes looks like a pro poker face that make opponents fold for her look shows to let me knows she is holding something that she thinks that may have value, but in reality I really have no clue. The feeling I get when I tell her that each one of the coins she finds, I will keep, which I have been, for they all are beautifully ugly, as ugly as pennies could be, for in my mind and he uglier the penny the more chances it could be a mint error. Though it would be nice to find a few more, the times we chat about coins, me talking and teaching her a bit of our history (thanks to google) for the references and good reads. Also how awesome it is to easily pick up a hobby with a companion who learns with you each time we turn over an old coin. To me the coins she finds are priceless, just for the memories of how excited she gets when she finds one that we both were looking for (some I threw in her pile of course for that quicker-pick-her-upper). And to parents who parent, coin hunting not only brought me and my daughter closer together, I also learned more about my daughter, learned more about her personality, her boiling point and her limits. But I am more very thankful for this hobby for what helped me teaching her what she was struggling most in, her class which was mathematics. My daughter came a long way last school year for her math was below average the first 2 quarters of her first grade year. But like how I always go for the underdog, numbers came naturally to her and thanks to coin collecting, teaching her basic match through something we both loved doing, I saw her from keeping her head down when her teachers asks the class to answer a math problem to her being semi-master in it with her head up high and her hand alwats up even before the teacher asks a basic math problem. She became a top notch student in her class to her teacher saying she is ready to take in 4th grade math. That is not all, she also learned how to handle, care, and respect money...she now also value hardwork and having a little understanding on the “you get out what you put in,” concept/way of life. Who ever knew I would be doing something I never pictured myself doing and loving each and every moment of it. My wife feels left out, though, but that is fine, for she dislikes pennies, and me and my coinneseuress is fine with that... In due time my daughter will know that every penny we set aside, is truly for her all along. Cheers and ladies and gents, you all know very well that we all know and put a price or seen a price to coins we often seek or find. Its the joy of the hunt, that feeling that you will find or get what you had been looking for that is missing in your collection. Though are drives are different, prices, and coinaging ways, but if coin collecting is a crime, we will all be at AA meetings standing up saying our name and coins being the reason we are all there... one after the other, including me and my daughter. True story.

 

I agree. I have a MS degree in geology and a BS in climatology. Global warming is the world's best example of exactly what you're saying. It's true that we are in a long term warming part of the cycle because we are still on the way out of the last ice age. And even though we are polluting the hell out of our planet, mostly because of overcrowding, we are not the cause of global warming; it's going to happen with or without us.
When you start a political aspect on a scientific discussion, that violates the rules. May I remind every one that Peter;s alternate site WWW.PARTISANLINES.COM was set up especially so discussions on politics, religion, and world events are not to be on this site.

I'd be interested in hearing more of what you have to say about radiation.

 

"Not many Hobbies have cash value when you go to sell". Certainly the thousands I spent at ski resorts or traveling are examples. When you buy better coins you pay through the nose. All of us should balance fun against how hard we worked to earn our coin money and want to get back a hefty portion of money for the hefty money we paid out. Stamp hobby publications are receiving increasing amounts of letters to the editor bitterly complaining about five and 10 percent offers on the catalog values of their collections. When they bought they paid two thirds of catalog or better on average.
Some of the sellers writing in said instead of accepting dealer offers they elected to sell on Ebay item by item. They report getting substantially more. That's what dealers do: sell one coin or stamp at a time and the money piles up. Not everybody has the temperament or time or patience to sell piece by piece. But, surprisingly, a number of collectors who went that route enjoyed their pieces all over again as they researched and prepped them for listing. They were having fun and making money.

 

Interesting thread, but I cannot help but to wonder how long it will take for the double standard to again rear its ugly head?

 

I still say coins are a fabulous way to “store” wealth. If we have any good sense we are only using our disposable income to buy them...... If I have a twenty in my wallet. It is gone by the end of the day. Say I use that twenty to buy a couple of nice Franklin halves. I may only get fifteen back when I sell them. But it’s more than I would have had if I used that twenty on more frivolous ventures.

 

I am sure you have been waiting, so go ahead if you wish.

 

We are being irradiated 24/7. The sun, a heat lamp, lights, cellphone. It is the definition of radiation. An MRI (Magnetic Resonance Imaging) was first and still is called an NMR (Nuclear Magnetic Resonance). They had to change the name because the word "Nuclear" scared too many people.

 

The best way to make money in coins is to buy the best coin you can at the lowest possible price. The younger you are and the longer you hold the better the outcome will be when you sell.

 

Well said. I bought the book before I bought the coins. Starting at age 6 my first coin purchase from blue berry money was a good 1918/7 Buffalo nickel for $20. I had it encapsulated years ago and is still the pride of my collecting hobby. As I got older, I read and read more specialized books. Over the years I know I have spent over $4,000 on reference books. It is still a learning experience. For many years I couldn't afford to buy the Best coins but I did become like "Collector Nut", a Borderline Hoarder. So now sitting in my safe deposit box ( I had to buy it for my small bank, $1,400 and 24 deep by 34 wide by 32 high) are 11 sets of Morgan Dollars minus the 1895, 12 sets of Peace dollars, etc, etc., you get the borderline hoarding idea. I also got a lesson in history, the minting process, and expanded to foreign countries and learned some of their history. When the VAM book came out or the Cherry Pickers Guide, I read and read and started cherry picking coin dealers at small town coin shows. Example: MS 61 1878 VAM 44A for $50, F15 1942/1-D dime $2 and many more cherry picks. All because I read the book, learned die characteristics, learned about counterfeit and altered coins, learned history and I tell young collectors to collect coins as a hobby, for the beauty of the coin, for the History of the country of origin and not to think about profit until they are ready to retire. Read, read, read. Start young, Learn from older collectors, buy the best you can afford, cherry pick even better, and live to retire with a profit. Happy collecting or hoarding of coins but read the book before you buy the coin.

 

Dictionary
par·a·graph
ˈperəˌɡraf/
noun
noun: paragraph; plural noun: paragraphs

1. 1.
   a distinct section of a piece of writing, usually dealing with a single theme and indicated by a new line, indentation, or numbering.
   synonyms: section, subdivision, part, subsection, division, portion, segment, passageMore
   "the concluding paragraph"
   report, article, item, sidebar, piece, write-up, mention
   "a paragraph in the newspaper"

verb
verb: paragraph; 3rd person present: paragraphs; past tense: paragraphed; past participle: paragraphed; gerund or present participle: paragraphing

1. 1.
   arrange (a piece of writing) in paragraphs.

 

Heck, why do you listen to these guys? Follow your heart and not theirs'.......

 

I don't listen I just tell you what I hear

 

There's a lot of "hear" out there. Once one may get stuck in reading/listening to certain perspectives they get further sucked in to those perspectives.

I recommend searching for all perspectives of something. Then comparing those perspective to Real numbers, real metrics, real information and real statistics and come to your own conclusion. But be careful of "statistics" as one can make any statistic that they want to prove a point.

After all .. May 18th the silver mining industry was rallying around a Silver Rally.
==> http://www.theassay.com/articles/indicators-point-silver-rally/

How do you think that's going ?

 

Prices go up: It’s time to buy!!! Don’t miss out!!!!

Prices go down: It’s time to buy!!! Don’t miss out!!!!

 

My apologies for my grammatical errors and the longest paragraph ever.

 

Nah, not even close.

 

What do you have for sale sir?