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<p>[QUOTE="Heliodromus, post: 8297629, member: 120820"]I have a slightly different but related take on it...</p><p><br /></p><p>For the bulk of my collection, especially less-rare types, I try to be patient and buy at prices where I think I have a reasonable chance of getting my money back when I eventually sell. I don't regard them as an investment as such (realize could go down in value rather than up), but neither as money spent and gone. Given that I collect LRB, some are very cheap and will probably always stay that way, not even covering postage costs. Hopefully the better coins might help defray that cost.</p><p><br /></p><p>OTOH there are times, for rarely seen coins, where my price sensitivity goes out the window and I'll quite happily "overpay" based on the rationalization that this is indeed "gym membership" or "golf fees" - money that has been spent on the hobby for the fun of it, with no expectation of ever recouping it.[/QUOTE]</p><p><br /></p>
[QUOTE="Heliodromus, post: 8297629, member: 120820"]I have a slightly different but related take on it... For the bulk of my collection, especially less-rare types, I try to be patient and buy at prices where I think I have a reasonable chance of getting my money back when I eventually sell. I don't regard them as an investment as such (realize could go down in value rather than up), but neither as money spent and gone. Given that I collect LRB, some are very cheap and will probably always stay that way, not even covering postage costs. Hopefully the better coins might help defray that cost. OTOH there are times, for rarely seen coins, where my price sensitivity goes out the window and I'll quite happily "overpay" based on the rationalization that this is indeed "gym membership" or "golf fees" - money that has been spent on the hobby for the fun of it, with no expectation of ever recouping it.[/QUOTE]
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