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<p>[QUOTE="robinjojo, post: 8321025, member: 110226"]The whole point of collecting coins, ancient or modern, is to undertake a journey of discovery and fulfillment through an appreciation of history, art and the acquisition of knowledge and understanding through the study of these "time travelers", uniquely human activities. </p><p><br /></p><p>As collectors we have divergent interests quite often, which can often inform and broaden the perspective of fellow collectors, especially through a forum such as CT. That helps make the collecting of ancients and other coins even more enriching.</p><p><br /></p><p>That is the primary focus of collecting, in my view. The discussion of how one goes about acquiring additions of one's collection is guided by, again, area(s) of interest and one's economic circumstances. A collector may have a desire for collecting the tetradrachms of Syracuse, an expensive undertaking even in mid grade. On the other hand a collector may be interested in the more attainable bronze coinage of Heraclius, with all of the overstrikes inherent with his coinage. </p><p><br /></p><p>In either situation experience and knowledge play important roles in how a collector goes about deciding what to buy and what to pass on. Unless a collector happens to be a Silicon Valley billionaire with an unlimited budget, this applies to the vast majority of everyday collectors, whether sitting in a coin shop or at a dealer's table at a coin show or at an auction.</p><p><br /></p><p>I am against buying coins as investments. The future is unknowable. We can try to predict that the value of a given coin, or even stock, that will grow at a certain rate over, say, a twenty year period, but that is really a guess, perhaps a sophisticated one, but a guess nonetheless. History has taught us how fallible our predictions can be. </p><p><br /></p><p>As for me, I generally have mid-grade coins, many located in spots throughout the house, mingling with the dust bunnies, some waiting to be researched, others waiting to be boxed (they are remarkably patient!). I guess that I need to stipulate in a trust what is to be done with the collection after I leave the house feet first, and that is something that I've procrastinated over many years, but, for me at least, making a ton of money is not a consideration.[/QUOTE]</p><p><br /></p>
[QUOTE="robinjojo, post: 8321025, member: 110226"]The whole point of collecting coins, ancient or modern, is to undertake a journey of discovery and fulfillment through an appreciation of history, art and the acquisition of knowledge and understanding through the study of these "time travelers", uniquely human activities. As collectors we have divergent interests quite often, which can often inform and broaden the perspective of fellow collectors, especially through a forum such as CT. That helps make the collecting of ancients and other coins even more enriching. That is the primary focus of collecting, in my view. The discussion of how one goes about acquiring additions of one's collection is guided by, again, area(s) of interest and one's economic circumstances. A collector may have a desire for collecting the tetradrachms of Syracuse, an expensive undertaking even in mid grade. On the other hand a collector may be interested in the more attainable bronze coinage of Heraclius, with all of the overstrikes inherent with his coinage. In either situation experience and knowledge play important roles in how a collector goes about deciding what to buy and what to pass on. Unless a collector happens to be a Silicon Valley billionaire with an unlimited budget, this applies to the vast majority of everyday collectors, whether sitting in a coin shop or at a dealer's table at a coin show or at an auction. I am against buying coins as investments. The future is unknowable. We can try to predict that the value of a given coin, or even stock, that will grow at a certain rate over, say, a twenty year period, but that is really a guess, perhaps a sophisticated one, but a guess nonetheless. History has taught us how fallible our predictions can be. As for me, I generally have mid-grade coins, many located in spots throughout the house, mingling with the dust bunnies, some waiting to be researched, others waiting to be boxed (they are remarkably patient!). I guess that I need to stipulate in a trust what is to be done with the collection after I leave the house feet first, and that is something that I've procrastinated over many years, but, for me at least, making a ton of money is not a consideration.[/QUOTE]
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