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<p>[QUOTE="AncientJoe, post: 1806279, member: 44357"]I'm always surprised at how people misinterpret the suggestion to buy coins which are of good quality for the grade and type as being mutually exclusive from being a collector, and instead just "investing in coins" (which I presume means buying something and throwing it a box and never caring about it?) Regardless of who you are or why you collect, the purpose of my post was that quality is a very important consideration. It doesn't matter if you are buying EF coins or culls, quality for the grade and type is crucial. Of course not everyone has the same budget, but I highly doubt anyone posting on a coin forum cares only about what the coins will sell for when it comes time to sell. I look for coins with no "but" - I can't say to myself, "This would be a perfect coin for my collection BUT it has X wrong with it". This will vary depending on who you are (some people like graffiti, some don't mind if it is off-centered) but this is exactly why I can't buy coins sight-unseen: everyone has slightly different criteria which will denote if they will/will not like a coin.</p><p><br /></p><p>The other part of my post with wanting to buy coins which I'll be willing to hold on to for 20 years isn't related to the appreciation in value - who knows what individual types will be doing in 20 years - but rather, it's a quest for long-term consistency and buying coins which I like enough to not want to resell in the near to long term. Everything has an opportunity cost: having $6 tied up in one coin is $6 less which you have to buy the next one which may come around. I want to have a collection where I would be willing to take every piece to my grave and be proud of it along the line.</p><p><br /></p><p>To medoraman's point, if you have no ability to access coins in person and trust Frank Robinson's opinion, then that's fine, but based on the OP's line of "I don't think the Gordian will stay will me long though since I already have a better example", it seems like this was a bit of a surprise and it would have saved some future effort to have waited for an example they preferred.[/QUOTE]</p><p><br /></p>
[QUOTE="AncientJoe, post: 1806279, member: 44357"]I'm always surprised at how people misinterpret the suggestion to buy coins which are of good quality for the grade and type as being mutually exclusive from being a collector, and instead just "investing in coins" (which I presume means buying something and throwing it a box and never caring about it?) Regardless of who you are or why you collect, the purpose of my post was that quality is a very important consideration. It doesn't matter if you are buying EF coins or culls, quality for the grade and type is crucial. Of course not everyone has the same budget, but I highly doubt anyone posting on a coin forum cares only about what the coins will sell for when it comes time to sell. I look for coins with no "but" - I can't say to myself, "This would be a perfect coin for my collection BUT it has X wrong with it". This will vary depending on who you are (some people like graffiti, some don't mind if it is off-centered) but this is exactly why I can't buy coins sight-unseen: everyone has slightly different criteria which will denote if they will/will not like a coin. The other part of my post with wanting to buy coins which I'll be willing to hold on to for 20 years isn't related to the appreciation in value - who knows what individual types will be doing in 20 years - but rather, it's a quest for long-term consistency and buying coins which I like enough to not want to resell in the near to long term. Everything has an opportunity cost: having $6 tied up in one coin is $6 less which you have to buy the next one which may come around. I want to have a collection where I would be willing to take every piece to my grave and be proud of it along the line. To medoraman's point, if you have no ability to access coins in person and trust Frank Robinson's opinion, then that's fine, but based on the OP's line of "I don't think the Gordian will stay will me long though since I already have a better example", it seems like this was a bit of a surprise and it would have saved some future effort to have waited for an example they preferred.[/QUOTE]
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