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<p>[QUOTE="Billy Kingsley, post: 671005, member: 19456"]This is a topic I've considered in my head from time to time. </p><p> </p><p>The basis of what I have come up with is: It's not that World coins are cheap, it's that people pay too much for American coins! </p><p> </p><p>Mind you, I'm not complaining. I love both, but I can get a whole lot more for my money buying world coins then American coins. </p><p> </p><p>I find it patently rediculous to pay so much money for a coin that looks exactly like the next coin, but because somebody somewhere says it's better, people pay through their nose for it. I am not one of those people, and I don't play the grading game. Numerical grades mean nothing to me. Less then nothing. I only care about the coin(s) themselves, and weather or not they would look good in my collection. </p><p> </p><p>Some info: The most I've ever spent on a single coin is $25. This was for a USA 1856 Flying Eagle cent. Yes, it's old, 152 years old at the time I purchased it. However, I've been able to purchase Roman coins, almost 2000 years old, for $10. I just bought my first ancient Greek coin for $3! While I am not going to complain about that, it doesn't seem to make much sence, either. </p><p> </p><p>Since I have a VERY limited income, I will always be a low-end collector. Buying world coins, I can do alot more there. I once bought a pound of assorted world coins. It also cost me $25. I got over 100 new coins for my collection that day, ranging in dates from 1893 to 2005, with the bulk of them ranging from the 1960s to the 1980s. Yes, most of them are circulated, some of them are pretty nasty looking. I don't care, I love them! I also added more then 20 new countries to my collection that day. </p><p> </p><p>I collect everything- there's not been a coin or coin series I've come across yet that I don't like and wouldn't want to add to my collection. This in turn gives me almost unlimited leeway in what I buy. But the majority of my purchases will in the future be undoubtedly world coins. I am going to persue American coins as well. But I am going to quickly run into a wall where singe coins are out of my price range. For instance, I will never own gold coins. I just can't afford it. Not American gold, at least. Trade dollars, half cents, any Pre-Lincoln cents that still show any degree of redness, they are all out of my price range. Yet with world coins, many things come into my price range. Silver coins as large as the Morgan or Peace dollar are actually in my price range, on the world stage, in fact, I've already bought my first, an issue from the Austrian Netherlands from 1797. ANYTHING from the USA at that time is so far out of my price range, it's not even remotely humerous. </p><p> </p><p>Basing the prices of the coins on age alone, they should be comparible...but they are not. It goes back to my original theory, in that we, as Americans, tend to pay too much money for American coins. </p><p> </p><p>That said, it will not stop me from doing that very thing, in the very near future. :goof:</p><p> </p><p>Come January, all my other priorities are going to be caught up, and I will have enough money to spend on all my hobbies again; I've been on "just barely get by with hobbies" mode for quite some time...too long! (due to various unforseen circumstances) and that will finally be solved, come January. I am then going to devote at least $25 a month to buying new coins for my collection. On some months, I will get one "big" coin, on other months, I will get assortments of world coins, and get lots of coins for my collection. (For me, a "big" coin IS $25!) Maybe I will get enough that I will actually work on year sets of coins. I've already got multiple yearly examples of several types, some long, some short. I am 24 years old...this pattern starting in January <i>SHOULD</i> be permanent, providing nothing unexpected comes up, and even if it does, I will be saving money each month too, so it should not totally deplete my hobby money. I am truly excited about what the future holds, and even though 2010 will be my third year as a coin collector, it's when the collecting will really begin <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Billy Kingsley, post: 671005, member: 19456"]This is a topic I've considered in my head from time to time. The basis of what I have come up with is: It's not that World coins are cheap, it's that people pay too much for American coins! Mind you, I'm not complaining. I love both, but I can get a whole lot more for my money buying world coins then American coins. I find it patently rediculous to pay so much money for a coin that looks exactly like the next coin, but because somebody somewhere says it's better, people pay through their nose for it. I am not one of those people, and I don't play the grading game. Numerical grades mean nothing to me. Less then nothing. I only care about the coin(s) themselves, and weather or not they would look good in my collection. Some info: The most I've ever spent on a single coin is $25. This was for a USA 1856 Flying Eagle cent. Yes, it's old, 152 years old at the time I purchased it. However, I've been able to purchase Roman coins, almost 2000 years old, for $10. I just bought my first ancient Greek coin for $3! While I am not going to complain about that, it doesn't seem to make much sence, either. Since I have a VERY limited income, I will always be a low-end collector. Buying world coins, I can do alot more there. I once bought a pound of assorted world coins. It also cost me $25. I got over 100 new coins for my collection that day, ranging in dates from 1893 to 2005, with the bulk of them ranging from the 1960s to the 1980s. Yes, most of them are circulated, some of them are pretty nasty looking. I don't care, I love them! I also added more then 20 new countries to my collection that day. I collect everything- there's not been a coin or coin series I've come across yet that I don't like and wouldn't want to add to my collection. This in turn gives me almost unlimited leeway in what I buy. But the majority of my purchases will in the future be undoubtedly world coins. I am going to persue American coins as well. But I am going to quickly run into a wall where singe coins are out of my price range. For instance, I will never own gold coins. I just can't afford it. Not American gold, at least. Trade dollars, half cents, any Pre-Lincoln cents that still show any degree of redness, they are all out of my price range. Yet with world coins, many things come into my price range. Silver coins as large as the Morgan or Peace dollar are actually in my price range, on the world stage, in fact, I've already bought my first, an issue from the Austrian Netherlands from 1797. ANYTHING from the USA at that time is so far out of my price range, it's not even remotely humerous. Basing the prices of the coins on age alone, they should be comparible...but they are not. It goes back to my original theory, in that we, as Americans, tend to pay too much money for American coins. That said, it will not stop me from doing that very thing, in the very near future. :goof: Come January, all my other priorities are going to be caught up, and I will have enough money to spend on all my hobbies again; I've been on "just barely get by with hobbies" mode for quite some time...too long! (due to various unforseen circumstances) and that will finally be solved, come January. I am then going to devote at least $25 a month to buying new coins for my collection. On some months, I will get one "big" coin, on other months, I will get assortments of world coins, and get lots of coins for my collection. (For me, a "big" coin IS $25!) Maybe I will get enough that I will actually work on year sets of coins. I've already got multiple yearly examples of several types, some long, some short. I am 24 years old...this pattern starting in January [I]SHOULD[/I] be permanent, providing nothing unexpected comes up, and even if it does, I will be saving money each month too, so it should not totally deplete my hobby money. I am truly excited about what the future holds, and even though 2010 will be my third year as a coin collector, it's when the collecting will really begin :)[/QUOTE]
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