My wife has very expensive coin collecting tastes, she almost went home with an NGC Clark Grubber and Co $10 Territorial Colorado Gold in MS-62. That little gem was only $12K, but she works and makes her own money, we have no kids and no real debt aside from our home. Luckily, she thought twice. Whew!
I was going to quote some of these replies, but there are to many good ones to choose from. I do have one to add though. You know your a collector when you are cleaning out your car and find semi-key Indian head cents under the seats and get exited. untill you remember you have owned the car since new, and the fell out of your own coin board. ( it was a relief to reallize they weren't lost for good though.)
My wife only owns three coins, a 1910-S $5 in a bezel and chain, a Christmas gift to her, we had only been dating a couple of weeks, a 1562 Sixpence from England - just before we got married - an old tradition in Britain, and finally a 1908 $10 that upgraded her neckace on our 12th anniversary. Gosh, if she was into Clark Gruber & Co. gold, I would be happy as a pig in slop, then I could excuse spending that much more on myself. I think the only saving grace is that for the most part coins have never depreciated in value, they have only appreciated unlike so many other things I could have wasted dough on. Oh, we have kids. There went any hopes of owning a $4 Stella or a 1933 $10.
You know you're a coin collector when you lean across the belt at the grocery store, to see what coins they have in the till. This will make a lot of cashier's nervous, but I've found good stuff that way. I bought a few rolls of pennies a week ago just to go through out of boredom. I found a 1900 Indian Head. First Indian Head I had ever found in circulation. Obviously swiped by a child for gum or candy or something like that. Two years ago, I was stopping in small town banks in Northern MN, looking for half dollars. The banks in the Twin Cities never have them, and I'd had pretty good luck picking up silver halves up North. I found a bank that had $6000 of hand wrapped halves as they didn't have a roller for them. They had been taking them in from customers for a couple years. I made a deal were I bought them all, the only stipulation was that I would not return them to that bank. My biggest find was an 1898O Barber in good, about 20 Walkers, 40 Franklins and around 100 64 Kennedys and I forget how many 40%'ers. Anyway that little find netted me about $2000. Not bad for a day of fun. Vegas Vic
Actually, I hope we do get a Clark Grubber someday, but one that is a bit nicer and that day at the ANA we dumped some serious money already so we both put on the brakes a bit. For an MS-62 it sure was a nice coin, but a 63 would be nicer. When we got married in 2001 we used a circulated 1901 Barber Dime instead which is about what a sixpence would be in a specie driven economy of yesteryear. You are correct about coins that are high grade and rare, you never lose on them if you can afford the toll to get them. $4 Stellas and 1933 $10 Gold are all 6 figure coins that were five figure coins when I was growing up. Nice ROI if you could get them.
You're not a coin collector until you've SWORN up and down that your coin looks better in hand than the pictures/scans look = )
You know you truly ARE a collector when you keep a thin bladed pen knife and ALWAYS use it to pry up staple ends, turn over the 2X2 and use the knife to lift the staples out. .... ALL the staples!! (Even on the coin you now suspect is a fake!)