why i hate collecting coins

Guess what my garage cost me......

 

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I hate it when I can get the coin that I need to fill in the empty slot in my book but it is cheapest in a mint set. I get the set and can't bring myself to cut it open to put the coin into the empty slot. It happens way too often! I have a lot of mint sets.

 

1) SGS, or rather, the fact that some people out there claim to be experts and yet have a grading scale that ranges from MS-60 to PF-70 DCAM.

2) I like the old stuff, and the older the stuff, the more stuff it costs = ( So I don't have a lot of old stuff.

 

Hummmm interesting Thread King Spock!

What I once hated about collecting was that when you needed a particular coin who did you most often turn to? Yep your friendly dealer. That small gesture usually cost you 15-20% and if you had to sell for what ever reason it was another 20%..well I got smart and started buying gold bullion coins when the market was at $300 or so /oz....a few months ago it was around 1022.00/oz and I made up for all those losses!!

That is what I love about this hobby!!!


RickieB

 

i hate the fact that just because i wear sleeveless t-shirts, and have a lot of tattoos, and don't fit the typical "coin collector" look, doesn't mean I dont know what the heck i am looking at when i ask a to see a coin from a dealer at a show. I hate when i ask to see something and the dealer looks at me and says, "you know thats an expensive coin you want to see." this is usually followed by me throwing an F-bomb and walking away. twice this past weekend it happened. and i also hate sgs, and fakes. But i love this hobby, so i deal with it.

 

I hate that my brain only holds a certain ammount of knowlegde and that it has to be absorbed slowly over time. It's worth it though, anything worth doing is worth fighting for.
I'm starting to like self slabbers because they force a person to burn or learn. It's not just who has the most money this way, it's who knows what to do with the $ they have.

 

Maybe, although certainly penny = one cent in 99% of the populations mind. I dont know if cleaning = harsh cleaning to most peoples mind, even in this hobby. You can often tell what they mean by the context.

For instance above, I believe borgova probably was serious (in a joking manner) when he said the coins was not worthless...just worth less, If I am wrong about that, my apologies. I just see so many people stating that 'cleaning' ruins a coin...and I am not sure if the lions share of the people who say this DO mean harsh. Nor do I think new collectors or people looking for help with a coin would make that assumption either...When people are telling them DONT CLEAN THAT COIN!!!

But I shouldnt worry about it, I collect my way and for my reasons and how others see it or tell it isnt my concern. It may even help me if more and more people wont touch a cleaned coin, I get all the old coins to myself! sorry for the diversion. I dont want to start trying to enforce some subjective standard on people

 

First let me say: THAT COIN ROCKS. Second, that coin may be cleaned but it does not appeared to be harshly cleaned. Third, do you have a photo of what the coin looked like before it was cleaned. My guess is that it looks much much better now. And lastly, THAT COIN ROCKS.

You should do an exhibit of that coin in Ruben's museum. That way we would know what it is.

 

Rock on Brother!! Beautiful Coin!!


RickieB

 

I agree with lehigh = )

 

I hate WOW! I keep thinking it's an acronym for: "can you find the hidden screw job?" But the letters never match and there appears to be too many of them. :rolling:

 

You're right. Almost always when I say "cleaning", I mean "improper cleaning." I'll try to make the distinction in the future.

I think it may be a reflex so that I can have on the internet as many times as possible the message: "Don't clean your coins." This is intended for people who know nothing of the hobby, so that they don't hose themselves by destroying the value of their coins.

 

I hate that the hobby isn't professional or scientific enough and is run by its thought leaders like a local 5 and dime, and in the more general market can seem like the numbers racket. The amount of raw information about coins, metals, preservation et al is out there conveniently ignored at will. This results in a very fallible grading system, bad archival practices, and and a tainted marketplace.

Ruben

 

Wonder you referring to?
I dont "hate" anything about coin collecting.. yes there are some irritations/dislikes along the way... Someone i dont like (or maybe understand) pple hicking up the value of the coin ... watever i like i cant afford to buy (e.g. brit india, india state, swastika, old american etc) but that doesnt stop me from admiring it.. though it takes considerable time to get the stuff...sometimes lack of $ or let me put it this way its a tough to buy coins when there are other pressing needs.
e.g a 20$ 78Morgan is the most expensive coin i have ever bought ... and i love it... waited for a long time before i allowed myself to "buy" coins.. infact 08 was the first time i bought coins (in 16 years that i have loved and accumulated them, spend a royal 150-200$ )
funnily (pple can say oddly) I dont collect for the monetary value of the coin.. yep a weird statement, a paradox considering it will always have monetary value .. but i like to collect and save them... to hold them is always a pleasure..
this has always been considered to be a "hobby of the kings" but no one can stop a common man from emulating HRH... it takes time, efforts and patience to build a collection... but its fun
thx for starting this thread ... made me get up early on the new year' eve and reply happy new year..
Regards,
Mumbapuri:smile

 

i hate that this hobby is looked at as a hobby for nerds and dorks. i hate that people cant look at it for its historical value and importance to who we are as a country. I hate seafood, but boy do i love Bacon!!!

 

http://www.cointalk.com/forum/t44581/

http://www.cointalk.com/forum/t44320/

 

no

Cleaning always hurts a coin however it is often that for archival reasons it is sensible or even needed. The original surface might be so damaged, toned, or dirty that proper cleaning is by far a better choice. And this would be more so the case for a coin as nice as your which is over 210 years old.

Ruben

 

I only hate when collectors judge other collectors. My biggest pet peeve is when one collector says to another "you overpaid for that." I buy my coins based on eye appeal and I pay what they are worth to me. I know what the price guide says but I do not consider resale value for a profit at all when I puchase a coin. This is a hobby to me and I am completely fine if I lose 10-15% at time of resale. I chalk it up to the entertainment value of the hobby itself.

I just wish that collectors would stop judging each other and grading each others collecting habits. I spent $100,000 on a college education that I barely use, I don't mind spending money for a numismatic education. The only way to really learn about coins is experience. You can read all the books you want, but until you see the coins first hand, your education is not complete.

 

Amen!!!!!

 

and amen to bacon.