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A whole lot of nothing VS a little bit of gold.
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<p>[QUOTE="Detecto92, post: 1778107, member: 75105"]When I switched from collecting USA coins to GB coins, I fell prey to the collecting method I like to call "a whole lot of nothing".</p><p> </p><p>Although I have a few nice coins, I have over 200 coins worth less than $5 each. </p><p> </p><p>However, looking at a few collections from the coin club, and from people's estate at an auction, I see the same thing for about 80% of the time.</p><p> </p><p>Masses of low value coins.</p><p> </p><p>In fact, I attended an auction once that sold for over 30,000 dollars when it was all said and done. It was just common stuff. No $500 barber dime, no UNC 1909-S VDB, just rolls of common date morgans, buckets of wheats, etc. There was some gold, but average dates and grades. </p><p> </p><p>So I've kind of kicked myself for doing this again. </p><p> </p><p>Instead of spending $200 on 100 coins worth $2, I'm going to spend $200 on a really nice coin.</p><p> </p><p>My question for the forum, have you ever fell victim to this? Or do you just have a small selection of really nice coins?[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1778107, member: 75105"]When I switched from collecting USA coins to GB coins, I fell prey to the collecting method I like to call "a whole lot of nothing". Although I have a few nice coins, I have over 200 coins worth less than $5 each. However, looking at a few collections from the coin club, and from people's estate at an auction, I see the same thing for about 80% of the time. Masses of low value coins. In fact, I attended an auction once that sold for over 30,000 dollars when it was all said and done. It was just common stuff. No $500 barber dime, no UNC 1909-S VDB, just rolls of common date morgans, buckets of wheats, etc. There was some gold, but average dates and grades. So I've kind of kicked myself for doing this again. Instead of spending $200 on 100 coins worth $2, I'm going to spend $200 on a really nice coin. My question for the forum, have you ever fell victim to this? Or do you just have a small selection of really nice coins?[/QUOTE]
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