Home Forums General Discussion Numismatic spending habits

This topic contains 1 reply, has 2 voices, and was last updated by  Piles 2 months, 1 week ago.

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  • #84553

    Jesse
    Participant

    How much do you spend on your hobby (i.e., what’s your budget monthly, annually or at a single show)? What factors influence this spending?

    #86289

    Piles
    Participant

    I don’t have a budget and buy what I like. Lately it had been more medals and less inexpensive items as I like many others have slowly learned their lesson to not purchase over priced items on a whim or based on unsubstantiated ‘hype’. I get that there is a lot of expense in creating a coin or collectible that exceeds the mere face value or precious metal content and that they are also treated as works of art/masterpieces that are fun to show off and talk about.

    If it is something I really want the question is always ‘can I afford this?, do I care if the resale value plummets to 40% or less?, does it fit in with my collection and provide me with lasting enjoyment?’

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