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<p>[QUOTE=&quot;ambr0zie, post: 7721885, member: 80952&quot;]Good subject. </p><p>Before collecting ancient coins I was under the impression they are much more expensive. I had no idea that you could steal nice coins for 10-20-30 EUR. After starting to study some budget auctions I decided there is a place there for me. </p><p><br /></p><p>I now possess 215 ancient coins, all catalogued and exactly 195 bought after I decided to go for ancients. Usually I take into consideration about 30 coins that tick a box somehow in an auction and I end up buying between 10 and 15 (some of them impulse purchases because the ones I&#039;m after quickly disappear in the pockets of richer bidders <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />)</p><p><br /></p><p>I don&#039;t hunt expensive coins and I participate in auctions with low start prices. Usually I inform myself about a reasonable price and I don&#039;t go past 70-80% of it.&nbsp; </p><p>Funny enough, the coin I spent the most on was 75 EUR + fees. I say funny because that one was overpaid, I wanted it badly and I should have waited another auction as it wasn&#039;t rare. However, 75 EUR was not a disaster. If I see a coin going up in the sky, I don&#039;t care too much - I don&#039;t have a clear subarea of collecting so no coin is an absolutely must have. </p><p><br /></p><p>However, even if I don&#039;t go after expensive coins, buying 10-15 coins a month is a knock in the budget. I can&#039;t complain too much as the biggest invoice was 520 EUR (before Christmas, I bought myself some presents <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> ). But spending 2-300 EUR each month is something that needs to stop. </p><p><br /></p><p><br /></p><p>I saved some money last month as I&#039;m going on vacation. So just one coin for me, but that one was found locally, by accident and costed 15 EUR. After this, I will probably buy 2-3 coins per month and not every month. And if I really want something - as last 8 months were &quot;OK, what auction do we have this month?&quot; Most likely I will not be able to complete a 12 Caesars set too soon or get expensive coins but I don&#039;t find this very disturbing. I am happy with what I got so far, beginner&#039;s rush is about over, I have completed about all the goals I had.</p><p>I never use money from the savings account, although I will try to add more to my savings account instead of buying coins. </p><p><br /></p><p>I can see that my girlfriend is not 100% happy but we discussed this at the beginning of the relationship. Everybody needs a hobby. I don&#039;t smoke, I don&#039;t drink, especially after Covid era, I rarely eat out, I don&#039;t have a car (didn&#039;t feel the need for one) so this is my major knock in the budget. Even if I love coins, the priorities are paying the mortgage, utilities, food and all the other important stuff.</p><p><br /></p><p>Paying too much can be dangerous. I know a guy, modern coin collector. Noticed he was selling modern coins at low prices. And he was buying modern coins at high prices. Asked him why and he explained me something like &quot;I know I have a problem but when I see a certain coin I need to have it, I can&#039;t sleep at night, I just NEED it.&quot;</p><p>So he sold previous coins (ones that he also NEEDED months or years ago) cheaply, to get funds for buying new coins that he <i>needed</i>. Or worse, last time I heard about him he was trying to sell some furniture from the house. He <i>didn&#039;t need it. </i></p><p>I try not to judge but I surely don&#039;t want to end up like this.[/QUOTE]</p><p><br /></p>

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