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<p>[QUOTE="chip, post: 801152, member: 19122"]I am hard pressed to point to a single most important lesson that coin talkers have taught me. It may be a lesson inadvertently taught. What I mean by that is that hanging around the site soaking up the atmosphere, I think the lesson I most learned is that if a person starts to make the hobby an investment strategy, you are bound to be somewhat disappointed, and to lose out on the fun the hobby can impart.</p><p><br /></p><p>It seems to me that those who enjoy the hobby the most are the people who are less worried about wether or not they can sell that coin for a bit more than what they paid for it, and instead look to the history, the beauty, or just the patriotism of holding old coinage. Now no investment minded collector has ever said, I sure do not enjoy the hobby very much, I would probably enjoy just having a few million dollars more than having a nice collection.</p><p><br /></p><p>And this observation has absolutely nothing to do with what series, or paper money, or anything else that anyone collects. Sure it would be nice that if you sell off part of your collection to receive a bit more than you paid, but if you make that your main goal then it seems that all sorts of other things pop up, you cannot really fraternize with other collectors, it seems like the end is that you tend to downgrade anything else that another has, and make what you have to be worth more.</p><p><br /></p><p>Grading can get pathological, not merely subjective, every seller is trying to take you to the cleaners, every buyer is trying to steal from you, where is the enjoyment in that?</p><p><br /></p><p>It may not be the most important part of collecting coins, but it helps me to enjoy the hobby, no reason to wring the last cent out of every deal, nor to try to beat the dealer down in price on everything.[/QUOTE]</p><p><br /></p>
[QUOTE="chip, post: 801152, member: 19122"]I am hard pressed to point to a single most important lesson that coin talkers have taught me. It may be a lesson inadvertently taught. What I mean by that is that hanging around the site soaking up the atmosphere, I think the lesson I most learned is that if a person starts to make the hobby an investment strategy, you are bound to be somewhat disappointed, and to lose out on the fun the hobby can impart. It seems to me that those who enjoy the hobby the most are the people who are less worried about wether or not they can sell that coin for a bit more than what they paid for it, and instead look to the history, the beauty, or just the patriotism of holding old coinage. Now no investment minded collector has ever said, I sure do not enjoy the hobby very much, I would probably enjoy just having a few million dollars more than having a nice collection. And this observation has absolutely nothing to do with what series, or paper money, or anything else that anyone collects. Sure it would be nice that if you sell off part of your collection to receive a bit more than you paid, but if you make that your main goal then it seems that all sorts of other things pop up, you cannot really fraternize with other collectors, it seems like the end is that you tend to downgrade anything else that another has, and make what you have to be worth more. Grading can get pathological, not merely subjective, every seller is trying to take you to the cleaners, every buyer is trying to steal from you, where is the enjoyment in that? It may not be the most important part of collecting coins, but it helps me to enjoy the hobby, no reason to wring the last cent out of every deal, nor to try to beat the dealer down in price on everything.[/QUOTE]
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