Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Affordable collecting options/themes
>
Reply to Thread
Message:
<p>[QUOTE="IdesOfMarch01, post: 2276501, member: 39084"]The key word in the above sentence is "investment." If you're really looking at ancient coins as an investment rather than a hobby, then you'll understand the perspective of Doug's statement.</p><p><br /></p><p>But an alternative perspective is that as a new, eager collector (rather than an investor), you're much more likely to over-enthusiastically outspend your budget because you want to buy everything you like. In these circumstances, a budget is a helpful thing and in many cases will keep you focused on buying coins you truly like rather than just want to have. Budgets are especially necessary if you're bidding at an auction rather than purchasing from a dealer. Just don't be so penny-pinching that you let a really desirable or hard-to-find coin get away just because it's a budget-breaker.</p><p><br /></p><p>Finally, it's always good advice to "...not feel the need to spend every cent available every two weeks..." Patience is a HUGE virtue when collecting ancient coins.[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 2276501, member: 39084"]The key word in the above sentence is "investment." If you're really looking at ancient coins as an investment rather than a hobby, then you'll understand the perspective of Doug's statement. But an alternative perspective is that as a new, eager collector (rather than an investor), you're much more likely to over-enthusiastically outspend your budget because you want to buy everything you like. In these circumstances, a budget is a helpful thing and in many cases will keep you focused on buying coins you truly like rather than just want to have. Budgets are especially necessary if you're bidding at an auction rather than purchasing from a dealer. Just don't be so penny-pinching that you let a really desirable or hard-to-find coin get away just because it's a budget-breaker. Finally, it's always good advice to "...not feel the need to spend every cent available every two weeks..." Patience is a HUGE virtue when collecting ancient coins.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Affordable collecting options/themes
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...