Coin Collector Journal - Captain Clipon

Member Journal Entry:

Satin Woes and Challenges

Posted: 7/5/2010 10:02:35 AM | Views:392

These coins are new and beautiful, but are they going to be worth collecting?

I have been working on putting together a Lincoln MS/SP69 set for about 6 months. My budget per coin has been $50.00 and , as low as that is, I have had pretty good success. The 2005's, for example, came in well below that mark, as well as the 06-P. I have acquired quite a few of the 09's using that yardstick with a little more footwork. I am confident that I can finish the 09's without breaking the budget too much.
The 06-D, 07's and 08's may be another problem altogether. The ONLY 06-D that I have found was over $500.00, and the 07's started at $1000. I am obviously not going to pay that for any coin in my overall collection. For me, it would be irresponsible.
So.... I have done the inexcusable. I have started filling in the holes with the MS/SP68's which can be had for a song.
My goal has not been to amass a group of coins that will fund my retirement, but to put together a challenging set of coins that I simply love.
On the other foot, there is still that concept of irresponsibility. Should I, with my limited budget and particular financial situation, be putting money into coins that may fall off the radar in the next few years?
I guess my answer (for now) lies in those 68's that I am using to fill in the holes.




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Recent Journals by Captain Clipon

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Death and Destruction   (Posted 03/21/2012 - Viewed 398 times)
Satin Woes and Challenges   (Posted 07/05/2010 - Viewed 392 times)
Broke my own rules   (Posted 04/21/2010 - Viewed 533 times)

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