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Last coin of 2014: Trajan's Column denarius
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<p>[QUOTE="AncientJoe, post: 2110929, member: 44357"]Is there really a need to spit upon any mention of someone who seeks out their own personal quality by assuming coins are being held solely for "investment" purposes? I would have thought that sometime in my hundreds of posts on this forum it would become evident that I'm not some "speculator" looking to flip coins.</p><p><br /></p><p>This approach would never be offered by an "investment advisor" as it causes far fewer coins to be purchased over all. It instills an awareness that there are a lot of coins available, and that there will be opportunities to buy others if one is patient. Everyone has a finite budget, so why tie up funds in a coin you somewhat like when there might be one coming up in a month that ticks all of the attributes you're seeking? I don't intend to sell my coins, and even if I did, it wouldn't change my approach.</p><p><br /></p><p>I take offense, on behalf of the expert numismatist (not "investment advisor") who taught me the mentality of holding out for coins that meet everything for which you're looking. I truly don't understand the biases held by some members here: people should be able to collect as they please, slab coins as they please, buy common coins, buy rare coins, buy low grade coins, or buy high grade coins. If I don't like coins with edge splits, and a coin is an otherwise great example, I'll pass on it, when others will gladly buy it. There's nothing wrong with buying these coins; edge splits are just a "but" to me.</p><p><br /></p><p>Obviously, there are coins that are rare or obscure enough where it isn't possible to wait for a better example, but does trying to find coins that speak to ones self without factors that bother them really preclude someone from "collecting" and owning coins to enjoy them? Does it really put them somehow into this negative class of "investors" (which I can only assume means "someone who spends more than $X")?</p><p><br /></p><p>I'd suggest this approach for anyone spending $1/year or $50M/year. If that makes everyone seeking their personal view of quality an "investor" then we'd better watch out![/QUOTE]</p><p><br /></p>
[QUOTE="AncientJoe, post: 2110929, member: 44357"]Is there really a need to spit upon any mention of someone who seeks out their own personal quality by assuming coins are being held solely for "investment" purposes? I would have thought that sometime in my hundreds of posts on this forum it would become evident that I'm not some "speculator" looking to flip coins. This approach would never be offered by an "investment advisor" as it causes far fewer coins to be purchased over all. It instills an awareness that there are a lot of coins available, and that there will be opportunities to buy others if one is patient. Everyone has a finite budget, so why tie up funds in a coin you somewhat like when there might be one coming up in a month that ticks all of the attributes you're seeking? I don't intend to sell my coins, and even if I did, it wouldn't change my approach. I take offense, on behalf of the expert numismatist (not "investment advisor") who taught me the mentality of holding out for coins that meet everything for which you're looking. I truly don't understand the biases held by some members here: people should be able to collect as they please, slab coins as they please, buy common coins, buy rare coins, buy low grade coins, or buy high grade coins. If I don't like coins with edge splits, and a coin is an otherwise great example, I'll pass on it, when others will gladly buy it. There's nothing wrong with buying these coins; edge splits are just a "but" to me. Obviously, there are coins that are rare or obscure enough where it isn't possible to wait for a better example, but does trying to find coins that speak to ones self without factors that bother them really preclude someone from "collecting" and owning coins to enjoy them? Does it really put them somehow into this negative class of "investors" (which I can only assume means "someone who spends more than $X")? I'd suggest this approach for anyone spending $1/year or $50M/year. If that makes everyone seeking their personal view of quality an "investor" then we'd better watch out![/QUOTE]
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Last coin of 2014: Trajan's Column denarius
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