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What is your thoughts on the weird way I collect coins? Go ahead, I'm thick skinned. LOL
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<p>[QUOTE="dougsmit, post: 3372735, member: 19463"]I see no reason to be concerned about any coins you buy that you do not intend to keep long term and for those of us on Social Security, that could well be for the rest of our lives. I suggest spending only the same kind of money you would spend on entertainment or dining out (fine restaurants or fast food) and don't worry about what others think. Don't spend the money you need for necessities. Melt value is a meaningless number unless you melt the coin. Collector's value is meaningless unless you sell the coin. I only collect ancients and do not spend nearly as most on coins as my peers. If the market were to drop by 90%, my coins would still be as important to me as they are now but I'd be happy to buy more new ones. When it stops being fun, stop doing it. Worrying about your hobby is not my idea of fun.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 3372735, member: 19463"]I see no reason to be concerned about any coins you buy that you do not intend to keep long term and for those of us on Social Security, that could well be for the rest of our lives. I suggest spending only the same kind of money you would spend on entertainment or dining out (fine restaurants or fast food) and don't worry about what others think. Don't spend the money you need for necessities. Melt value is a meaningless number unless you melt the coin. Collector's value is meaningless unless you sell the coin. I only collect ancients and do not spend nearly as most on coins as my peers. If the market were to drop by 90%, my coins would still be as important to me as they are now but I'd be happy to buy more new ones. When it stops being fun, stop doing it. Worrying about your hobby is not my idea of fun.[/QUOTE]
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What is your thoughts on the weird way I collect coins? Go ahead, I'm thick skinned. LOL
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