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Old Sep 22, 2010, 06:45 PM   #46
AlexB
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Yes, welcome to the last phases of the bull market. Prices up, extreme competition, manic buying - bubbletime.

I give it a year though may last post Olympics 2008...and then, the larger the bubble the longer the pain.

BTW the best coins will still be highly prized/priced - why? because the money that buys them will be largely intact even after a blow-up.

Enjoy!

Brgds

Alex
Walking down memory lane - this was a pretty good call LOL

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Old Sep 23, 2010, 05:46 AM   #47
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Psychology of collecting

Cogito's post on the psychology of collecting certainly agrees with my less-than-professional observations. Collectors seem to be born to it; I have rarely if ever seen someone become a collector who simply decided to do so. There is, I think, some element of compulsion. For me, it allows a compartmentalization of personal tendencies to be rigid and overly organized. My collection allows me to burn off these behaviors privately and go on to be more creative and adaptive in other areas of life.

Some of us think we collect for beauty, some for value, some for rarity, some for academic insights into a past world, but I suspect the underlying reason for most of us to collect is that we cannot help doing it or at least cannot help doing it without serious negative repercussions on the rest of our lives.
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Old Sep 23, 2010, 09:02 AM   #48
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Cogito's post on the psychology of collecting certainly agrees with my less-than-professional observations. Collectors seem to be born to it; I have rarely if ever seen someone become a collector who simply decided to do so. There is, I think, some element of compulsion. For me, it allows a compartmentalization of personal tendencies to be rigid and overly organized. My collection allows me to burn off these behaviors privately and go on to be more creative and adaptive in other areas of life.

Some of us think we collect for beauty, some for value, some for rarity, some for academic insights into a past world, but I suspect the underlying reason for most of us to collect is that we cannot help doing it or at least cannot help doing it without serious negative repercussions on the rest of our lives.
One could argue that therapy is cheaper, but I get your point.
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Old Sep 23, 2010, 01:37 PM   #49
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Originally Posted by djmacdo View Post
Cogito's post on the psychology of collecting certainly agrees with my less-than-professional observations. Collectors seem to be born to it; I have rarely if ever seen someone become a collector who simply decided to do so. There is, I think, some element of compulsion. For me, it allows a compartmentalization of personal tendencies to be rigid and overly organized. My collection allows me to burn off these behaviors privately and go on to be more creative and adaptive in other areas of life.

Some of us think we collect for beauty, some for value, some for rarity, some for academic insights into a past world, but I suspect the underlying reason for most of us to collect is that we cannot help doing it or at least cannot help doing it without serious negative repercussions on the rest of our lives.
djmacdo,

Excellent points, and likely true in most cases (mine included).
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Old Sep 23, 2010, 03:04 PM   #50
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Cheaper therapy?

Therapy might be cheaper, but certainly not as much fun!
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Old Oct 5, 2010, 12:56 PM   #51
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Trust me, therapy might not be cheaper! Plus, many clinicians would suggest a hobby as a productive way to channel the compulsory anxiety. Collectors heal thyself!

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Old Jul 30, 2011, 01:45 PM   #52
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Worth vs. price

I think Zach nailed it exactly.

I also remember something a very wise dealer told me: a coin is worth as much as the second highest bid for it in auction.

Why do we collect? I have been doing it for well over half a century and read a lot about the subject, and still have absolutely no insight into why I collect.
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