Does anyone really collect for the love of coins

[newmisty]

They are the 2007 Australian nugget. I don't think a collectors item. But I like it, except for the back side. ha

I have always liked the nuggets and new roo designs. Clean and purdy.

[Irons]

I have always liked the nuggets and new roo designs. Clean and purdy.

I like the ones that say nugget on them too. I had a few of them around here somewhere.....

[Gold Rush]

With all this talk about roos and nuggets..I checked my fractional stash, and came across these in it..(2) 1999 1/10oz nuggets, & a 2010 1/10oz roo...I forgot I had them..I would hate to see what it would cost to get the years I don't have to build a set..

[Irons]

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Roos?

[smooth]

...................
Roos?

Freaking Hoor's

[platinumdude]

Here is the 2007 nugget. Found on the internet. Better picture than I can take.

[platinumdude]

http://www.coinweek.com/auctions-new...ublic-auction/

That would be a nice coin to the collection.

[newmisty]

...................
Roos?

Is that one on the far right center an 87' Nugget? I don't have one with the actual nugget on it...yet.

[crypse]

It's definitely more than just an investment for me. I definitely love my collection. I enjoy expanding and perfecting it. Certain treasures I love to just sit back and admire them.. Some things I will never part with.

[Irons]

Is that one on the far right center an 87' Nugget? I don't have one with the actual nugget on it...yet.

Yep, any of the early actual nugget coins are kind of hard to find.

[MrLucky]

I have a good stamp collection dating back some 60 years when grandpa .....

I have a box of stamps from my father who collected when he was a kid (1920's). There are books upon books of 1st day issues, full pages, squares of 4, etc. I haven't gotten around to trying to catalog it yet. Mostly because he took them to a stamp dealer back in the 80's who browsed through them and told him to "just use them as postage". But I still think there may be something good in there. Just haven't had the time.

But back to the original topic of this post. I collect just because I like to collect. Nothing is purchased with the intention to "flip". If I could, I'd take them all with me. But I'll end up dividing them into 3 piles to pass down to the next generation. They all seem to appreciate coins. Or at least they say they do. But if I need the money to live on, then all bets are off.

But as much as I like coin collecting, I also like boating.

[~BS]

Have most of the 1/10 gold nuggets/roos from the 80s/90s.

been working on my set of kooks. Have most except for 1998 and a bunch of the ones in the 2000s

[Irons]

Have most of the 1/10 gold nuggets/roos from the 80s/90s.

been working on my set of kooks. Have most except for 1998 and a bunch of the ones in the 2000s

Those are really beautiful BS,

I started collecting Kooks then gave up and sold them. The premium I paid didn't carry over for crap.

[azxcvbnm321]

I think coin collecting is one of the few hobbies where you won't lose a whole lot of money doing. Gardening is expensive, there is absolutely no way for you to produce vegetables and food as cheaply as you can buy it in the market for unless you own a commercial farm. I briefly tried to garden after my friend showed me his. It's a lot harder and more costly than I imagined. I thought that you could just plant seeds and water once in a while and you'll have good plants. Wrong! It's a lot of work and people either buy seedlings, which is expensive, or transplant them from indoors to outdoors, which takes a lot of time and effort.

As I kid I collected baseball cards that are now almost worthless. I have unopened boxes of basketball cards that are worth less than when I bought them 20 years ago.


That's why my coin collection is based on precious metals that will at least retain some value no matter what. I like Morgan Sliver Dollars, unbelievable that you can get a 100 year old coin in AU condition for less than a $10 premium to the metal content. I've been looking at Indian Head $5 and $10 gold coins. PM coin collecting is one of the better hobbies money wise. You can sell your coins at lower cost than selling baseball cards for example, where the spread is horrendous.

[Master_Ho]

I think coin collecting is one of the few hobbies where you won't lose a whole lot of money doing. Gardening is expensive, there is absolutely no way for you to produce vegetables and food as cheaply as you can buy it in the market for unless you own a commercial farm.

So true - we beat our heads against walls ot grow a few servings.........

That's why my coin collection is based on precious metals that will at least retain some value no matter what. I like Morgan Sliver Dollars, unbelievable that you can get a 100 year old coin in AU condition for less than a $10 premium to the metal content..

That IS pretty amazing till you realize there are plenty of old Roman coins that go cheap cause they are so common and numerous..........and thats pretty much the story with Morgans NOW but I think there will be a day when silver goes to the moon and those old Morgans will be worth a lot more for both their metal values and their realative scarity.

Cheers!

[AG Stacker]

As I kid I collected baseball cards that are now almost worthless. I have unopened boxes of basketball cards that are worth less than when I bought them 20 years ago.
...You can sell your coins at lower cost than selling baseball cards for example, where the spread is horrendous.

I have the same unfortunate experience. I remember being 8 or 10 years old going to collectables shows with my dad and wondering why all the old men had coins and all the younger guys had baseball cards.

Wisdom.

If only I spent my FRNs on a gold nugget instead of the '88 Topps set.

[cpthnsolo]

If only I spent my FRNs on a gold nugget instead of the '88 Topps set.

LOL my first set was an '87 Topps set so I know exactly what you mean . If it weren't for the strike in the early 90s, and the dishonest thief that I worked for briefly in a card shop back then, I would probably still be a baseball fan and card collector. It's somewhat amazing to me how cheap some of the vintage cards are if you're not looking for perfect cards. I still have a precious few cards from the 80s and at this point will never part with them.

[samwiii]

It's funny, but the coins I have that are worth about the least are the ones I will never get rid of and mean the most to me. That would inlcude my complete collection of Lincoln cents (sans 1909 S VDB ) and my 2-cent penny, 3-cent nickel, and 3-cent silver.

When my boys were learning about money in school, I would have them purposefully miss one of the "what are the fewest number of coins" questions. Of course, they knew why. After the teacher sent back the graded work with the one error, I would have them return to school the next day with physical proof that their answer was indeed correct. Of course, that always ended in a fun show-and-tell session. Interestingly enough, not one of their teachers (and each boy had a different one) had any idea that our nation had 2-cent or 3-cent coinage. Now that all of my boys are in middle school, I'm going to miss doing this little exercise in "fun with odd old money".

[Dude]

Funny that you mention baseball cards. I collected a few in the 60's and 70's. Low volume compared to the 80's and 90's when you could get complete box sets and people stashed them. The old ones were played with and most quality specimens are quite rare. Then the whole market cratered. I'm sniping some older collections on eBay just for the fun of it right now. I got a few graded cards to check it out, but I like clean, bulk collections. Picked up a few collections of signed postcards from the 50's for a buck a piece. I still have the coins...

[~BS]

Those are really beautiful BS,

I started collecting Kooks then gave up and sold them. The premium I paid didn't carry over for crap.

Yeah, gold nugs/roos buy and sell for around the same premium as ages. I wouldn't pay more than that.

silver kooks tend to sell for a higher premium on ebay. I've seen them go from $35 - 50 (before fees, etc), so I try not to pay more than $35 for them. They're capped by mintage, and there weren't more than 300k - 350k made every year, so that tends to prop up the prices. Of course ebay is about the only place you can get the premium back on them. A dealer will probably pay same as he pays ASEs.