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Message:: [QUOTE="AncientJoe, post: 2706445, member: 44357"]I've generally adhered to my wantlist. It's extensive, often referencing exact examples I eventually hope to acquire (even if it takes years of waiting), but it's helped keep me focused. They are prioritized in a few dimensions: Necessity, Cost, Carpe Diem. Necessity: Do I "need" this coin to "complete" my collection? There are a large number of "nice to have" coins on my list but they aren't essential. Cost: Pricey coins tie up budget and could prevent later purchases from being possible (every bid increment counts) so it's necessary to weigh the potential opportunity cost. Carpe Diem: The opportunity factor. How often will this coin come around? Is it rare enough to justify needing to jump on it immediately? If I'll see another 10 examples this year, perhaps it's better to wait. I rate each potential purchase on these factors and attempt to derive a "value for money" score which more or less drives how aggressive I will be on a particular coin. Or I ignore all of this and keep my hand up in the auction room.[/QUOTE]