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True or false - A nice collection is not assembled by looking for good deals.
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<p>[QUOTE="GDJMSP, post: 766653, member: 112"]I would say that the way that Mike worded his question is perfectly fine. And I would say that his statement is true.</p><p><br /></p><p>But people tend to get hung up on such questions, sidetracked if you will, because they can't help but think that it is a comparison between expensive and inexpensive.</p><p><br /></p><p>It isn't that at all. How much the coin cost has nothing to do with it. It's not a comparison of $5 coins vs $5000 coins. The cost of any coin, regardless of the whether the amount is small or large, can be considered a good deal or a bad deal. If you pay $8 for a coin that typically only sells for $5 - then it's pretty easy to say that you did not get a good deal. And if you pay $6000 for a coin that typically sells for $5000 then that is not a good deal either. </p><p><br /></p><p>What Mike is saying here, and he can correct me if I am wrong but I'm pretty sure I'm not - is that you will not end up with a nice collection by bargain hunting. Always looking for the cheapest example of a given coin in a given grade in other words.</p><p><br /></p><p>Don't get hung up on thinking that a nice collection can only have coins worth a lot of money. You can have a nice collection where every coin in it grades Good - and you can have a nice collection where every coin in it grades MS66. One is not better than the other - both can equally be nice collections.</p><p><br /></p><p>But if you go about looking for $5 coins that you can buy for $3 - or if you go about looking for $5000 coins that you can buy for $3000 - then you are not going to have a nice collection in the end.</p><p><br /></p><p>To me, that is what Mike is saying; and never have truer words been spoken.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 766653, member: 112"]I would say that the way that Mike worded his question is perfectly fine. And I would say that his statement is true. But people tend to get hung up on such questions, sidetracked if you will, because they can't help but think that it is a comparison between expensive and inexpensive. It isn't that at all. How much the coin cost has nothing to do with it. It's not a comparison of $5 coins vs $5000 coins. The cost of any coin, regardless of the whether the amount is small or large, can be considered a good deal or a bad deal. If you pay $8 for a coin that typically only sells for $5 - then it's pretty easy to say that you did not get a good deal. And if you pay $6000 for a coin that typically sells for $5000 then that is not a good deal either. What Mike is saying here, and he can correct me if I am wrong but I'm pretty sure I'm not - is that you will not end up with a nice collection by bargain hunting. Always looking for the cheapest example of a given coin in a given grade in other words. Don't get hung up on thinking that a nice collection can only have coins worth a lot of money. You can have a nice collection where every coin in it grades Good - and you can have a nice collection where every coin in it grades MS66. One is not better than the other - both can equally be nice collections. But if you go about looking for $5 coins that you can buy for $3 - or if you go about looking for $5000 coins that you can buy for $3000 - then you are not going to have a nice collection in the end. To me, that is what Mike is saying; and never have truer words been spoken.[/QUOTE]
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