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<p>[QUOTE="dougsmit, post: 1679505, member: 19463"]This thread has brought up several interesting points on the philosophy of collecting ancient coins. Some of us value smooth surfaces above 'grade' or lack of wear. I certainly would rather have a F-VF Crispus or Delmatius than an EF of the same coin with rough surfaces. In my mind, coins wear naturally but the porosity or roughness created by improper cleaning or burial in soil polluted with chemical fertilizers is just not appealing. </p><p><br /></p><p>Another difference we have is the relative values of what and when we buy coins. I have a want list but most coins I buy are targets of opportunity - things I happened upon that struck me as worth having even though that morning I did not know on that morning that I might be buying it that afternoon. Others of us go to a coin show certain that we will buy a specific coin to fill a specific need. If we go with the idea of buying a Crispina we will not consider a Lucilla and certainly not consider a Caligula even if we find a great bargain on a real beauty. I'm currently on vacation and happened across a decent as of Tiberius which I did not have. Now I do. </p><p><br /></p><p>'When' also applies to price. People like medoraman and I already have 'enough' coins so we are not likely to buy something not very special for twice what we consider a fair price. In fact, a coin has to be a little special or we will not pay half of a fair price. Beginners with six coins are more likely to feel driven to buy number seven even if the price is more than what we might find the coin if we spend a year looking. I rarely pay 'fair' prices for coins. If something is a special want and not likely to show up again anytime soon, I may pay double retail. If it is not special to me and something that I don't mind never owning, I'll expect it to be 1/4th retail. Many of my common, ordinary, boring coins (I have at least a thousand) came to me in groups containing something I did want or in moments of weakness when I felt like I wanted something new and forgot that I would regret the purchase before the sun sets. </p><p><br /></p><p>When we give advice on this venue, we each assume that you are more like we are than is probably the case. I hope you each will find a way of collecting that serves you well and allows you to be happy with what you buy. Moreover, I hope I have enough sense to stop buying things I don't want at prices I didn't want to pay. After all these years, I doubt that I will wise up completely. Avoiding the regrets we get when we buy wrongly or leave behind things we wish we had bought is the hardest part of the hobby for me. I wish you well.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1679505, member: 19463"]This thread has brought up several interesting points on the philosophy of collecting ancient coins. Some of us value smooth surfaces above 'grade' or lack of wear. I certainly would rather have a F-VF Crispus or Delmatius than an EF of the same coin with rough surfaces. In my mind, coins wear naturally but the porosity or roughness created by improper cleaning or burial in soil polluted with chemical fertilizers is just not appealing. Another difference we have is the relative values of what and when we buy coins. I have a want list but most coins I buy are targets of opportunity - things I happened upon that struck me as worth having even though that morning I did not know on that morning that I might be buying it that afternoon. Others of us go to a coin show certain that we will buy a specific coin to fill a specific need. If we go with the idea of buying a Crispina we will not consider a Lucilla and certainly not consider a Caligula even if we find a great bargain on a real beauty. I'm currently on vacation and happened across a decent as of Tiberius which I did not have. Now I do. 'When' also applies to price. People like medoraman and I already have 'enough' coins so we are not likely to buy something not very special for twice what we consider a fair price. In fact, a coin has to be a little special or we will not pay half of a fair price. Beginners with six coins are more likely to feel driven to buy number seven even if the price is more than what we might find the coin if we spend a year looking. I rarely pay 'fair' prices for coins. If something is a special want and not likely to show up again anytime soon, I may pay double retail. If it is not special to me and something that I don't mind never owning, I'll expect it to be 1/4th retail. Many of my common, ordinary, boring coins (I have at least a thousand) came to me in groups containing something I did want or in moments of weakness when I felt like I wanted something new and forgot that I would regret the purchase before the sun sets. When we give advice on this venue, we each assume that you are more like we are than is probably the case. I hope you each will find a way of collecting that serves you well and allows you to be happy with what you buy. Moreover, I hope I have enough sense to stop buying things I don't want at prices I didn't want to pay. After all these years, I doubt that I will wise up completely. Avoiding the regrets we get when we buy wrongly or leave behind things we wish we had bought is the hardest part of the hobby for me. I wish you well.[/QUOTE]
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