Wise thoughts about numismatics/coin collecting

[Prosit]

A regular person can own coins... but coins own the coin collector.


Dale

[bububoy]

@dale perfectly said and well COINED !!
mahe

[aarkay]

Hi...

Never run after to buy any coin...the coin ,if destined, will choose you...by running after any coin one tends to overlook the sense of proportion...and ultimately pay a lot more than intended...like in share market...keep a price  for purchase... further unlike shares which one buy and sell, the coins are for keeps...

Aarkay

[malj1]

When buying coins which are scarce(those which you probably encounter once in a couple of years on ebay or your dealers or friends) and you intend to buy it, pay the future price, never the yesterdays price.. you will regret haggling and not buying it !
mahe

You pay over the odds for a very rare token on eBay and then the same seller then puts another and better example which sells for 99p.   

[aarkay]

You pay over the odds for a very rare token on eBay and then the same seller then puts another and better example which sells for 99p.   

Hi...

Malj1....well said....ebay has a typical American business out look...Caveat Emptor... "buyer beware" attitude...

Aarkay

[Gusev]

Thinking on the real cost of the coin (collector "mistershilling").
1. The coin possible to estimate.
The estimate in different directories always different.
2. The coin has a price.
But this price is regulated by supply and demand.
3. Any price would be is subjective.
Coins of Japan does not need to me. I do not collect them. But someone has paid for this coin two prices. It is his theme.

Axiom "mistershilling":
Coins do not have a real cost

[bububoy]

Universal Fact:
"No two coins are the same"

Even if they are from the same era, ruler, mint, material, weight, grade, shape, size; there will always be a difference which is not visible even to the keenest of eyes !

mahe

[Figleaf]

While quite true in the vast majority of cases, you will find it difficult to find two uncirculated coins that are different. The irony is that the sameness is a security feature that is useful for circulation coins, but not for proofs.

Peter

[Gusev]

"No two coins are the same"

The first law of expertise.
Do not look for the exact similarity. Look for similarities in the details.

Igor

[Prosit]

The next coin you want is always more exciting then the one you just got  :-)

Dale

[aarkay]

The next coin you want is always more exciting then the one you just got  :-)

Dale

Hi...

You said it....like so many other things in life...

Aarkay

[Gusev]

The second law of expertise.
Quality the expertise is directly proportional to the competence of the experts, but in inverse proportion to their amount.

[Bimat]

Minimum rarity of any coin on eBay is RRRR

Aditya

[Gusev]

A law is third expertise.
An expert will "pay" his error from his own reputation, but a customer disburses expert error from the own pocket.

[Figleaf]

The best way to determine if plastic contains softener, harmful for a coin is: if the coin in it is expensive, the plastic contains softener. If the coin is cheap, the plastic is safe.

This is actually one of the many laws derived from Murphy's law.

Peter