Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Anyone collect the Roman gold Aureus?
>
Reply to Thread
Message:
<p>[QUOTE="DonnaML, post: 7324973, member: 110350"]It really depends on your priorities and collecting goals. I'm sure that there are many collectors of ancient coins here with annual incomes/net worth far, far less than $200K/$1M, who spend at least $4-5,000 per year buying coins. Like yours truly, as one example! In other words, less than what many people with modest incomes and net worth spend on vacations and automobiles and house renovations and who knows what else. And are perfectly capable of doing so without putting themselves at risk financially. If they'd rather buy one aureus per year instead of 50 coins per year at about $100 apiece, what difference does it make? In ten years, they could have a nice little collection of Roman aurei. I certainly could have bought a number of aurei in the last few years for the exact same total expenditure I've spent on "lesser" coins. And I suspect that my collection, although much smaller, would be more valuable. But I've chosen not to. (I do sometimes reminisce fondly about the days back in the mid-1980s when I was in my late 20s and single and had no children and was paying a comparatively modest rent for my Upper East Side NYC apartment -- in other words, a Yuppie! -- and could, and did, buy 17th-18th century British gold guineas for a few hundred dollars each, at a time when I was probably making about $50K annually. Others I knew spent their disposable income on cocaine; I spent it on nerdy things like old books and coins and antiquities!)[/QUOTE]</p><p><br /></p>
[QUOTE="DonnaML, post: 7324973, member: 110350"]It really depends on your priorities and collecting goals. I'm sure that there are many collectors of ancient coins here with annual incomes/net worth far, far less than $200K/$1M, who spend at least $4-5,000 per year buying coins. Like yours truly, as one example! In other words, less than what many people with modest incomes and net worth spend on vacations and automobiles and house renovations and who knows what else. And are perfectly capable of doing so without putting themselves at risk financially. If they'd rather buy one aureus per year instead of 50 coins per year at about $100 apiece, what difference does it make? In ten years, they could have a nice little collection of Roman aurei. I certainly could have bought a number of aurei in the last few years for the exact same total expenditure I've spent on "lesser" coins. And I suspect that my collection, although much smaller, would be more valuable. But I've chosen not to. (I do sometimes reminisce fondly about the days back in the mid-1980s when I was in my late 20s and single and had no children and was paying a comparatively modest rent for my Upper East Side NYC apartment -- in other words, a Yuppie! -- and could, and did, buy 17th-18th century British gold guineas for a few hundred dollars each, at a time when I was probably making about $50K annually. Others I knew spent their disposable income on cocaine; I spent it on nerdy things like old books and coins and antiquities!)[/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
>
Anyone collect the Roman gold Aureus?
>
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...