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<p>[QUOTE=&quot;coppermania, post: 812517, member: 18304&quot;]I was discussing the nature of coin collecting with a co-worker and he called the hobby GREEDY. At first I was shocked and defensive but I didn&#039;t have much of a defense.</p><p>&nbsp;</p><p>I had to admit that although I enjoy building sets and searching for rare coins of merit, the process is at times less than friendly. On the surface, some collectors pretend to be knowlegeable and caring people in the search of numismatic perfection, but underneath there is a tone of how best to squeeze a dollar out of each other. We all see the threads about how much a coin is worth and what is the best way to get the most out of it instead of just appreciating it for being an antique. We all know that when we buy a coin we instantly lose 20 % as an aquisition fee and if we ever go to sell a coin, then be ready to take another 20 % hit. Although there is no shame in making a buck on a coin, if the intentions are honest, nobody likes to get soaked on a coin deal. I believe that this type of trading brings out the worst in people and it is every man for himself. And that is assuming all coins are authentic and not doctored. Is there more there than friendly competition?</p><p>&nbsp;</p><p>My answer to my co worker on why I collect was that my collection represents sacrifice and effort along with a sense of order in a well matched set. Over the years I&#039;ve dearly paid my tuition and I&#039;ve created an inner circle of trustworthy dealers that I rarely trade outside of. But I had to admit that in my experience, the collecting world can be a hostile one. Your thoughts? Matt[/QUOTE]</p><p><br /></p>

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