Are you a collector or investor?.

GDJMSP, I would have to disagree with you on the coin dealer idea. I have known many dealers, and currently deal closely with 3. I agree with you that their main motive is profit, but I believe something got them into the industry in the first place besides money. I really don't think that you can be around coins that much, and become that knowledgable in coins, without having at least some appreciation for them. Even if there sole purpose is profit, which I do not doubt is true for most, some part of them appreciates the coins themselves. I make it a habit to ask any dealer I buy from what their favorite series is, and how they got into coins, and try to get them talking about it, when they are not busy. (selfishly in a way, this does help me to get to know them, which can lead to better deals.)

For example, I asked that of my current favorite dealer and he started telling me about how much he loves standing liberty quarters, and about his dad's coin collection, and I swear to you he started getting misty eyed. (if he was acting, he deserves an Oscar) This is a very good business man with a thriving coin business with two locations. I would tend to argue against what you say about dealers GDJMSP, no matter what the first impression of the dealer is. I think people are more complex than that, even if they don't know it themselves, lol.

 

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Yes!!!! I agree 100%

 

I think that most coin dealers love coins for the best business to be in is one that you know and love. With that said one can love coins and sell them with no interest in collecting them.

Note: If I remember correctly, my brain was a steel trap before the kids, National Dealer once posted and this would be a rough power phasing that he does not keep any coins that moves thru his store but takes pictures of them and gets a kick out of once having them in his possession and having the ability to buy them to sell them.

 

As I understand it, Christian Gobrecht adopted a design by artist Thomas Sully.
The Seated Liberty figure was strongly influenced by contemporary designs of Britannia.
It is said that the model for Britannia was the Duchess of Richmond, who was mistress to King Charles II.
The original design, however, harked back to the Roman Empire, when coins had been produced showing a seated figure symbolizing the submission of Britain to Rome. The Romans in turn had taken the general motif from Greek coinage of an earlier period.

 

collector or investor

i think i am a collector and also i am an investor. how many %. who care?.

 

investor or collector?.

i am a very aggressive investor and yet i never sell any coins. i keep investing or buying. and i enjoy having coins. so maybe i am a collector too.

 

amen.I can't bring myself to part with any of them,even the bullion coins that have gone up.
What started out as a little side hobby six years ago,is now a five figure collection that necessitated purchasing a safe .

 

Im 99% collector and 1% investor. My only investments are finding coins at a cheap price and then reselling them at a higher price. Sure, I cherrypick, but at my young age and without a lot of money its the only way to go. Cherrypicking has helped make my coin collection very large and has proved to be a valuable tool. Collecting is one of the most exciting things about coins and then seeing their prices go ever higher only makes it a little more worthwhile. I've not sold any coins yet, but I am planning on selling my low grade, U.S. coin, duplicates soon.

 

100% collector. Never sold a coin in well over 50 years now.

 

Collector or Investor?

I'm a little of both. Some may also consider me a "hoarder", because if there's I particular coin I really like, I don't want just one, I want hundreds-- if not thousands of them!! :smile

 

Count the quotes:

You're not alone...

Again, Same here. I just love the cool looks of money that is, like, 85 years old.

Same here.

No nickels? Where do you think my roll of Westward Journeys came from?!

 

I think you can categorize me as a collector/hoarder. I can't save money any other way so I purchase coins and then 'hope for the best'.
I do really appreciate the beauty of a PR69 ASE , and I have many proofs,...None have been graded as yet. But, you buy from the Mint, and get in on the first day offerings,...sure you pay a premium,...But they are beautiful and they are real. My Grandkids have embraced the State Quarter craze and always want the loose change I have, little do they know that I have them all stashed away for them at a time when they may be able to enjoy the face value,...or perhaps sell them for a well deserved reward after I am gone. In the meantime, I continue to add to the collection, and hope it becomes an investment!!
I keep a stash of quarters just for the kids when they visit,...they love to look for the shiny ones.

 

Purely a collector really... I think it would be nice if the coins I had went up in value, but I'd feel no worse about me collection if they didn't. Have no intention of selling any if I can help it. The only reason I'd consider selling any of my coins would be to use the proceeds to buy even more, lol. Even that would be a hard decision.

I love finding underrated and undevalued coins, not because they'll go up in value, but it's a nice cehap way to add nice coins to my collection.

 

I would say I am 2/3 colector and 1/3 invester. I try to get the semi and key coins in the series I collect. I also try to collect alll the semi keys and keys I can get but only up grade the others.

 

collector or investor?.

i am consider both. and i always buy plentiful.

 

I would have to say i invest to collect, i buy the coins that look like they will go up, then spend the money made to buy coins. My favorite thing to do is buy 3, sell 2 keep 1. Usualy those 2 will pay for that one, and it works out nicely.

 

I would say 90/10 collector/investor. However, I have yet to sell a single coin. Guess that makes me a collector....

 

I'm a little bit of both. I collect because I love coins. At the same time, I'm hoping that the value of my collection appreciates over time (a long time, that is).

However, I'll also jump at the chance to make a quick buck by some speculation. That's why I bought several 2005 Legacy sets and Marine Corps commemoratives and flipped them for over twice what I paid for them. But I also kept one of each for myself.

I also purchased some Double Eagles before gold hit $500, and if it keeps climbing, I'll probably sell some of them.