Twenty from the Pandemic

Discussion in 'Ancient Coins' started by Andrew McCabe, May 18, 2021.

  1. Andrew McCabe

    Andrew McCabe Well-Known Member

    Perfect reply Joe

    Many of the provenances, such as an Apostolo Zeno, were found by me prior to bidding or buying. I discovered very old provenances on both the aurei, one to 1873, the other to 1920s. That costs literally nothing given many of the resources are freely available online
     
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  3. Andrew McCabe

    Andrew McCabe Well-Known Member

    My income is below the average for a 50 year old engineer in the UK. I'm retired and on a limited pension. I worked as an engineer in a major industry for a career. So this shd encourage. Started buying high end coins when earning under $50k and my income is heading down to that level again.

    I do however sell existing coins of lesser pedigree or rarity or quality to buy new ones. And I add value by intensive research work. Which helps lower the effective cost of purchases and boost that of sales.

    Gotta use every tool in your toolbox
     
  4. ambr0zie

    ambr0zie Dacian Taraboste

    What I said was just a joke - hope you were not bothered.
    Any collector would be proud to have coins in these conditions, rarities + provenance.

    But for a collector with limited budget and who doesn't sell coins, they're out of reach.
    I am very glad when I see topic like this anyway :)
     
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  5. Limes

    Limes Well-Known Member

    Thank you for sharing these additions. Despite the increase (fact or fiction?) in prices realised during these times - which has been much discussed on this board - it's good to see you've been able to add these magnificent coins to your collection during these troubles times.

    I was unfamiliar with some of your rarities, so it's been fun attributing them and reading about the history behind some of them. For me, the Norbanus aureus is a favorite, precisely because of the history behind the coin.

    I like your modus operandi. True, it's possible to, with proper research, to find old provenances on coins. I must attempt that one day, enjoyable pastime when I retire in 30 years or so :)
    In the meantime, let me contribute by showing my budget brutus, a similar type as shown lastly in your second post.
    0.6_2.png
     
  6. Andrew McCabe

    Andrew McCabe Well-Known Member

    Nice Brutus indeed! Mine comes from the Nordheim collection sold 1931

    Continually get asked the question posed or hinted at above - how to afford a top quality collection on a middle class income. US median is $65k. So what I did was spend 10% of my fairly median income on coins from age 25 or so. Then from age 50 I started upgrading to super high quality by selling more coins than I bought, typically selling 100 each year and buying 30. Those sales allowed me to up my spend on ancients from say 10% to say 50% or more of income and thus buy such lovely coins.

    I think anyone planning a great collection in the long term has to work out how to get there. It often involves selling to upgrade
     
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