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<p>[QUOTE="1934 Wreath Crown, post: 2410444, member: 76965"]I would like to say "Yes do that' hoping you will use up some of your excess cash collecting different portraits and won't be able to outbid me on some coins that we might be competing for at online auctions <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie50" alt=":happy:" unselectable="on" unselectable="on" />. But I cannot justify saying that.</p><p><br /></p><p>I find that the problem with concentrating on portraits or series or Monarchs is that one tends to buy several unwanted coins. One might unconsciously expand the collection to Mints, dies, Reverse designs etc. etc. and then the list never ends.</p><p><br /></p><p>If one decides on a maximum budget for each coin then I suppose the objective would be to collect something for each portrait or year and one can possibly avoid the very expensive options like a 1908 Canada mint or an 1819 sovereign(unattainable for most of us).</p><p><br /></p><p>But if the objective is to build a desirable and valuable collection then IMHO, the focus has got to be on the most wanted and hence, rarest coins.</p><p><br /></p><p>I agree with your concept of buying other coins (half sovereigns, guineas, unites, angels etc.), if the price is right, and selling them for more to fund the original objective of ones collection. I often do that myself when I see a good bargain, but I try to resist the temptation if it will prevent me from buying what I really want.</p><p><br /></p><p>Over the years I have changed my focus from silver to gold coins but there are some silver coins that I felt I had to have in my collection and have patiently added them. I guess what I am trying to say is perhaps being flexible can be more rewarding both financially and in building a varied and interesting collection.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="1934 Wreath Crown, post: 2410444, member: 76965"]I would like to say "Yes do that' hoping you will use up some of your excess cash collecting different portraits and won't be able to outbid me on some coins that we might be competing for at online auctions :happy:. But I cannot justify saying that. I find that the problem with concentrating on portraits or series or Monarchs is that one tends to buy several unwanted coins. One might unconsciously expand the collection to Mints, dies, Reverse designs etc. etc. and then the list never ends. If one decides on a maximum budget for each coin then I suppose the objective would be to collect something for each portrait or year and one can possibly avoid the very expensive options like a 1908 Canada mint or an 1819 sovereign(unattainable for most of us). But if the objective is to build a desirable and valuable collection then IMHO, the focus has got to be on the most wanted and hence, rarest coins. I agree with your concept of buying other coins (half sovereigns, guineas, unites, angels etc.), if the price is right, and selling them for more to fund the original objective of ones collection. I often do that myself when I see a good bargain, but I try to resist the temptation if it will prevent me from buying what I really want. Over the years I have changed my focus from silver to gold coins but there are some silver coins that I felt I had to have in my collection and have patiently added them. I guess what I am trying to say is perhaps being flexible can be more rewarding both financially and in building a varied and interesting collection.;)[/QUOTE]
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