How much do you spend on a coin?

How much do you spend on a typical coin in your collection? Under $50? Under $200? Do many people spend over $1,000?
Just wondering.........

 

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I'm all over the place. lol

 

I go very high sometimes, but I also have modern coins that cost a very little. I am less concerned about the price of a coin and more about empty holes in albums. Some holes cost many thousands to fill while other holes cost face value. Both are coins that are not yet in the collection.

 

Never paid above $30 on a coin.

 

I try to never spend more than 75% of the bluebook value.

Edit: This is in an auction setting, of course.

 

I try to avoid impulse purchases over $1,000...

Now, if I have to shell-out a grand to complete a set, series, album, etc. then that's a different story...

I prefer turning around my cherrypicking profits to purchase coins to add to my personal collection.

-Brian

 

Same here. TC

 

Ive never spent more than £40 on a coin and id like to keep it that way. Although there have been plenty of times i wished i had a grand to blow on coins

 

Especially when attending a coin show, and being overwhelmed by all the coins you wish you could buy. When I attend, I never take more than $300 because buying coins is like an addiction (to me anyway), and I'll spend whatever I have in my wallet.

 

I'm not into high priced coins but I once paid $350 to complete my Indian Head Cent collection for a 1909-S. Although somewhat unexpected, I got an 1877 IHC at an auction for $62.50 that included nearly complete set of IHC's with the exception of four 60's and the two S's. Of course, the 1877 was less than a perfect coin with a very difficult to read date. It is a real 1877 with an VG-8 reverse but an AG obverse (perhaps even AG-1).

 

Most of the time I pay too much.....:yes:

 

I have a hard time going over $100. But I will get an ounce gold one day, so that'll be well over.

 

All depends on the coin I'm seeking to buy.

 

The most I spent was $300.

 

If you can afford it BUY it! On a TV I saw 1982-2007 Panda Silver Anniversary I bought it close to One K.
Here's the Video of it after One minute and 15 secons.
[video=youtube;OQ8QhIvxw-E]http://www.youtube.com/watch?v=OQ8QhIvxw-E[/video]

 

I do have some lower priced coins, but I usually spend between $500-$2000 per coin. With that being said, I do not buy many coins. I keep my collection small and high quality, but it does add up over the years. As my collections grows, I sell off the lesser pieces, and try upgrade to better stuff.

I do not collect sets, so I never have the need to fill a hole. I don't even collect specific series. I look for coins I like at a reasonable price. Since I don't buy many coins, it gives me a long time to Be patient, do my DD, and pull the trigger when all looks good.

This method is not for everyone, but it works for me

Also, as a side note, even with all this work, I still think I may have gotten hosed on the price side of my last purchase. I have been looking a year for a MPL, and I pulled the trigger on one last week. It didn't arrive yet, but I am now having concerns. When I get it I am going to post it and ask for opinions. Better to learn now, than repeat mistakes

Mike

 

I think its more about worth to me rather than value. For instance i have coins dating back to the 1600's and any one of those is worth more to me than a £1000 bullion coin, even though my coins cost a fraction of the price. If that makes any sense

 

All over the place. I have spent as little as $13 for a clad Kennedy proof, to over $2000 for certain of my Morgan dates. Average price paid is $272.00 as of May 2012.

 

I average $60-$150 a coin on ancients depending on the coin.

 

The 'typical' ones? Modestly. It's the blasted atypical ones that send me (and the wife) over the top......