I don't know whether its ok to ask this question, I'm sorry if I'm not supposed to. Just curious, whats the highest priced coin you bought and for how much?
Lets just say for a long time it was $125 and then when I got my S VDB it went up alot higher than that. Speedy
Mine's a 1999 1/4 oz. Gold Eagle. Got it for $105, already graded by PCGS at MS68. I thought it was great, and bought it. Since then, I learned that gold has gone up to about $440/oz, so I've actually made a profit by a small margin, if I decide to sell it! ~AJ
1991 1/2 oz American Gold Eagle...Mitage of 24,100 only...I paid $775.00 six months ago. It is now ranging from 900.00 to 1000.00 if you can find one. OUCH!!! RickieB
The most expensive coin I have gotten is a 1805 Draped Bust Half Cent for $155 which is a bit too much for the coin, but I didn't know it at the time, heh. Of course, condition is everything. Regardless, I really like it.
One dollar more than some of the posts here and one dollar less of others... Don't you know we would rather talk about our sex lives than our net worth? BTW...this is NOT me, but pretty much explains why people are hestitant to share in this thread.
So I guess if you think its worth the price and can afford you should go for it. After all you might not get that chance again. Thank you for everyones's input.
For Love or Money? We usually do not discuss this for a couple of reasons. Security is one. Pride of ownership is another. For commodity coins, like the 1909-S VDB mentioned, the prices are pretty much the same for everyone ... except when they are not. We have all lucked out on good deals, being in the right place at the right time, having a dealer who knows your interests, cherrypicking, being first in line at the Mint, and so on. Prices change over time. Some things get cheaper: prices on numismatic collectibles have run up and then collapsed several times in the last 40 years. Then, you have the collector ethic. I am an ANA certified exhibit judge. At our conventions, we give awards for museum-style displays of numismatic material. The rules and the judge's guidelines lean against the person who walks into a coin store with a wad of cash and walks out with a rarity -- and no understanding. Anyone can do that. We give much higher marks to people who search, who study, who create value by adding knowledge to the material. This is hard for some collectors to understand. The famous 1804 Dollars are just "novodels" specially made coins for friends of officials at the Mint. The Russian imperial mint had a little industry of its own doing this and the word "novodel" is a Russian word that is applied to fakes like the 1804 Dollars, the 1913 Liberty Nickels and so on. What gives them value is the writing about them. Most collectors think they buy "what they like." Actually, they buy what they know about. So, if you discover something in your pocket and you research it and write about it and show why it is special, you have created value. That counts for a lot in numismatics.
I can see your point, but just the same, I am proud of the fact that I bought an MS68 1/4 oz AGE for $105, whose value has risen. I have no problem telling people that's the coin I've bought with the highest price tag. I'm a college student, and I've been collecting American coins made from 1900-2000, and this is one of those that I needed. It makes a great addition to my collection, it's my first gold coin, and I am also proud of the fact that I was able to make some extra money this summer so that I could purchase it! So, we may not always talk about what our highest priced coin was, but I see no problem with it if you also got a good deal on a quality coin. You always have the option of NOT posting here about your highest priced coins. ~AJ
I guess I never thought of all that. Obviously, most of you here have spent wayyyy more on one coin, than I have on all the coins in my collection. If I wanted to, I could drop $10K on a particular coin, however I'll never do it. In another thread, someone was discussing high priced cents, and along those lines, I don't care how rare or incredible a cent is, I won't ever pay $50K+ for one. I guess the dollar amount is of interest, as I'm always amazed at how much certain coins go for. I really like many of the early coins (U.S., pre 1800) and looked at getting some... until I saw the price. Just not going to happen. Some people spend thousands of dollars on DVD collections, others on exotic cars. Some buy coins. To me, it's not a [urination] match, rather just what people *choose* to spend their money on. I do watch some Ebay auctions and am amazed at how much some things sell for.
