Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Redbook values and cleaned coins
>
Reply to Thread
Message:
<p>[QUOTE="saltysam-1, post: 1815417, member: 23368"]As a gambler, you consider it an entertainment expense. You have the memory of it and the money you spent, but nothing else. Now if you consider memories as collectable, then it could be considered a hobby. Coins , however, have a physical presence. Different rules for different folks. One major difference is you can resell the coin but you can't resell the memory. If someone gets caught up in auction fever when buying a coin, labeling them an idiot or uneducated isn't the proper term. But they probably will admit to themselves it was irrational behavior. Just as gamblers do when they chase their losses. There needs to be control over your actions, even if it's the coin to complete your set. Perhaps rare coins have their own exception as well. Again, different rules for different folks. If the gambler bets the mortgage money or the collector uses it to buy a coin, then there may be another problem here that has to be addressed.[/QUOTE]</p><p><br /></p>
[QUOTE="saltysam-1, post: 1815417, member: 23368"]As a gambler, you consider it an entertainment expense. You have the memory of it and the money you spent, but nothing else. Now if you consider memories as collectable, then it could be considered a hobby. Coins , however, have a physical presence. Different rules for different folks. One major difference is you can resell the coin but you can't resell the memory. If someone gets caught up in auction fever when buying a coin, labeling them an idiot or uneducated isn't the proper term. But they probably will admit to themselves it was irrational behavior. Just as gamblers do when they chase their losses. There needs to be control over your actions, even if it's the coin to complete your set. Perhaps rare coins have their own exception as well. Again, different rules for different folks. If the gambler bets the mortgage money or the collector uses it to buy a coin, then there may be another problem here that has to be addressed.[/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
>
Coin Chat
>
Redbook values and cleaned coins
>
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...