Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Most Expensive British Coin
>
Reply to Thread
Message:
<p>[QUOTE="baseball21, post: 2500539, member: 76863"]I would guess that's probably around the average for most people with an individual coin. It's a lot easier to have a decent chunk tied up in a collection as a whole and I would think your percentages probably aren't all that far off from the average collector. We all have probably stretched on some coins from time to time but for the most part stay within the ranges we can comfortably afford. </p><p><br /></p><p><br /></p><p><br /></p><p>It certainly can and does happen as people have different levels of tolerance for how much is tied up in one item or how much they are willing to put on credit. I didn't mean for it to sound impossible, I was more making the point that if that type of buyer left that segment of the market it probably wouldn't make much of a difference as the average buyer at that level has a higher net worth. </p><p><br /></p><p>In the case of the coin for this thread when you talk about 500k plus coins I would be willing to bet the average buyer at those levels is the 1 percent of the 1 percent, people with 10s of millions where outside economic conditions that the rest of us are greatly impacted by don't generally mean a whole lot to them. Sure it can reorder their wealth or increase or decrease it but they generally have enough money their families are set for generations.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 2500539, member: 76863"]I would guess that's probably around the average for most people with an individual coin. It's a lot easier to have a decent chunk tied up in a collection as a whole and I would think your percentages probably aren't all that far off from the average collector. We all have probably stretched on some coins from time to time but for the most part stay within the ranges we can comfortably afford. It certainly can and does happen as people have different levels of tolerance for how much is tied up in one item or how much they are willing to put on credit. I didn't mean for it to sound impossible, I was more making the point that if that type of buyer left that segment of the market it probably wouldn't make much of a difference as the average buyer at that level has a higher net worth. In the case of the coin for this thread when you talk about 500k plus coins I would be willing to bet the average buyer at those levels is the 1 percent of the 1 percent, people with 10s of millions where outside economic conditions that the rest of us are greatly impacted by don't generally mean a whole lot to them. Sure it can reorder their wealth or increase or decrease it but they generally have enough money their families are set for generations.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Most Expensive British Coin
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...