Not that I'm going to Google you and find your house to break into (I might if you don't respond to this post)... But seriously, what kind of price tag would something have to have in order for your wallet to notice? For me anything over $50. But then again, I am a YN. Just not an awesome 11 year old collector.
For more expensive coins anything under $300 I would consider in my budget. I really like to stay under $200, though.
My wallet notices $50. However, if I am looking at decent large cents, then I need to start thinking $150 and more. At that point, I would say is the threshold of expensive for me right now.
Its personal I suppose. I have one coin that if I ever found one for less than $1500 I liked, (Fine grade is all), I would buy it. I have others on want lists for around $800. For most items, though, I like to be around $100-200 for nicer items.
My monthly budget for coins is $50-$100. So if I wanted a really nice rarity, I'd have to go without buying for a few months. And that's just not possible....
For me, it is more about the overall budget, and not one particular cost. Anything over $600 a month, and my wife might start to notice. :devil: However, certain things happen that will wipe out the entire budget. Car troubles, doctor visits, etc...
Humans spend massive amounts of energy in order to contain entropy as described in the second law of thermodynamics, but in most cases with a futile outcome. Thus, a GOOD coin; with minimal energy spend in good keeping; it only gets better with time. Some may consider it even superior to a very good French wine, which makes it priceless.
I set aside a certain amount each week as "hobby money". If I see a coin I want and the funds are there, I'll buy it. If not I cheat, and still buy it. The most I ever spent on a single coin was $360. Normally $40-$100 is my range.
Now that I am relegated to living off of Social Security, expensive to me is anything the government won't pay for. Chris
It depends on what it is. A $100 candy bar is expensive. A $100 car is cheap. A $100 2012 penny is expensive. A $100 1889 CC Morgan is cheap. As for what my wallet (wife) notices, I'd say about $1,000. I'll spend < $1000 on an impulse buy. Anything over $1000 usually gets researched and slept on.
What I am saying, what else in live gets better (also in monetary value in most cases) with time with minimal effort and how much is that worth?
This is a tough one, since I've not spent more than $40 on a single coin yet. Sets of coins, I've gone to about $80 so far (not counting trades I've done through CT so far). Spending over $100 on a single coin to me at the moment still seems painful, but then again I'm a cheap moderns guy right now. When I need to fill that last few spots with a high grade or variety, then we'll see how much pain I can endure. But, I've no problem laying down $300-500 for a good bullion deal here and there, but then again, that's not a single item.