Australian-Coins Forum

Just out of curiosity, How much per month does this hobby cost you

cannot be answered by me personally
 as some months nothing , then mint time comes around ,like perth silver bird series comes along and i go all out .
 i dont worry about the cost just now , if i like i buy it ,another example , i was offered 20 round,s at $ 10.00 ea so i took them even though i did not have $ 200.00  , so i owe my brother $ 140.00 still ..    ,, kel ,,

I was lucky enough when I returned to collecting to have a base of a couple of thousand coins to sort through.! Most of the money spent this year was on supplies (albums. 2x2s etc.) I did reward myself with two coins I had missing,but I have reached the stage where one has to decide on improving the quality of coins in the albums or head in a new direction. (sort of fallen in love with U.S. Morgans.)
I have also returned to photography as a consequence of posting coins so some funding went into new equipment.!
Regardless of money spent, the learning has been the biggest buzz.!:wavemulticolor:

I spend most of my disposable income each month. I cant get enough! The best thing about this hobby is you can make it cost as little or as much as you want. About this time last year my work dried up and i didnt have any money to spend on coins, that was ok i took to noodling. If it wasnt for that month or two where i noodled like a crazy man then i wouldnt have many of the varieties and errors i have. The money you spend on the hobby isnt necessarily proportional to the amount of enjoyment you can get from it.

Mostly I noodle, which costs very little. It only costs face value for what you keep, and you can always spend it again if necessary.

hehe, DON’T ASK MAN, I don’t want to think about it, I might realise how much I really do spend on my coin habit.

Well said enworb, I am the same, if you don’t have the money to spend, just noodle it doesn’t cost anything because you just put it back into the bank.

This month is the love coin so I will be getting that along with the bush baby coin, then its a few months to the next release so you just save up again.

Shhh.

Why do you want to know?

Dont tell anyone

Wot is noodling.?
I like 2 minute noodles!

Noodling is the art of eating noodles without burning ones chin......no, it the art of searching bulk coins inn the hope of finding a Mule or something like that....true.

Quote from: 'Robster' pid='6084' dateline='1357855736'I was lucky enough when I returned to collecting to have a base of a couple of thousand coins to sort through.! Most of the money spent this year was on supplies (albums. 2x2s etc.) I did reward myself with two coins I had missing,but I have reached the stage where one has to decide on improving the quality of coins in the albums or head in a new direction. (sort of fallen in love with U.S. Morgans.)
I have also returned to photography as a consequence of posting coins so some funding went into new equipment.!
Regardless of money spent, the learning has been the biggest buzz.!:wavemulticolor:

Oh ta - so it's decimal coins?
I do that at lunch time - got a beaut remembrance 2 dollar coin just the other day
And one time i actually won $100 on the pokie
Took the dollar coins home - the hubby got a nice rotated to 7.00 pm coin and the rabbit ears etc
Next day i took back the left overs - think that they thought i was a bit wacko!

If one can find a coin that is different from the rest, one cannot be a wacko.   I have found well over 500 error coins in my noodling.   No wonder I am really wacko after searching well over 2.3 MILLION $1 coins and thousands of 50c and 20c pieces..........

yeah AC - there are guys in our coin club who are constantly at the bank getting coins - take 'em home - sort and then take 'em back - just the good fun of the hobby
I collect pre-decimals - so I just exactly the same with the bulk lots that I buy at auctions - again, it is a big part of my hobby which I greatly enjoy

really , i dont know where to start and i cant find a place for new posting , so i will put it here and hope one of the mods will put it where it should be ..

 my question is ,what is a good place to sell coins with out getting ripped off ???

 lets say , i want to sell a mule 2000 dollar coin , ok  , i list it on ebay .. ok , it sells for $ 500.00 dollars , ok ,ebay then take 7.9% =
$ 7.90 per $ 100.00 dollars  == $ 39.50  , then the buyer pays by paypal , ok , i dont know their fees but let,s say $ 10.50 , ok , so now i have $ 450.00 for my mule rather then $ 500.00 , does that seem fair , not to me it does not . is there a better way to sell ??
  ok that may seem ok to some but if you were to sell a lot of unc and proof roos and some other coins and some notes also you could lose quite a few hundred dollars all up ..   ,, kel ,,

Quoteis there a better way to sell ??

You could try to sell on "quicksales" who I believe are very reasonable although I've never used them to sell.They also dont force you to use paypal as far as I'm aware,I'm pretty sure they are an Australian based auctionhouse

is there a better way to sell ??

where ever you sell someone will want their peice of the action.

ebays fees are pretty reasonable when you take into consideration how much exposure your coin gets through their site.

Quote from: 'enworb' pid='6172' dateline='1357974336'ebays fees are pretty reasonable when you take into consideration how much exposure your coin gets through their site.

true matt i understand  that but my main reason for asking was if i had a  set that i paid  $ 600.00 for in 1993 and then i wanted to sell it now 2013  , 20 years later , on ebay or anywhere else , what would you think would be a good starting price , considiering i have had it for 20 years and the fees i would have to pay out  to sell it ..

 just a query , that,s all   ,, kel ,,

Quote from: 'robbiegal' pid='6117' dateline='1357894898'Wot is noodling.?
I like 2 minute noodles!

like going through your change or buying $300 worth of coins from the bank and trying to find anything of interest.

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Quote from: 'robbiegal' pid='6146' dateline='1357944889'yeah AC - there are guys in our coin club who are constantly at the bank getting coins - take 'em home - sort and then take 'em back - just the good fun of the hobby
I collect pre-decimals - so I just exactly the same with the bulk lots that I buy at auctions - again, it is a big part of my hobby which I greatly enjoy

The stupid Scottish b*tch at our bank, gave me such dirty looks every time i went in to ask for 3 or 400$ worth, I gave up.

no offence against the Scottish, intended.  But she was!

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Quote from: 'stevo1962' pid='6169' dateline='1357972552'

Quoteis there a better way to sell ??

You could try to sell on "quicksales" who I believe are very reasonable although I've never used them to sell.They also dont force you to use paypal as far as I'm aware,I'm pretty sure they are an Australian based auctionhouse

I used to sell on Quicksales but, a few months ago I listed about 40 to 50 coins and kept it going for 6 weeks. Not one sold and I thought they were reasonable prices and cheaper than others sellers coins. So i withdraw the lot.

EBay now charge a flat fee for general items of 7.9% of the final value fee.   Paypal charge 2.4% plus $0.30 per item.

I to lose a bit of money by these charges but one can offer the following to prospective buyers:

1.   Direct bank deposit/credit-This alleviates any paypal fees.
2.   All sales forwarded by Aust Post reg Mail by buying the Registrtration Sticker in bulk, ($2.40 as against $3.20) and buying padded packages in box loads.   ($35.00/100 as against $0.80 single).   I ask for $6.00 postage and handling for all items that weight less that 100 grams.   If the sale exceeds 100 grams, then I go to the Aust Post postage calculator and adjust the costs from there.

One can make small amounts of profit this way but if the buyer uses PAYPAL, you can't stop them as the article is then protected by PAYPAl in case anything goes wrong.

It is purely up to you as to what you can do.   There is no way one can get around the EBay final pay charges that I know of.

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Lacey:   Try and up your bulk purchase of coins to say $500 lots.   Make arrangement ahead of time with the bank managers and tell them what you want the coins for.

Quote from: 'Goldseeker' pid='6186' dateline='1357982058'2.   All sales forwarded by Aust Post reg Mail by buying the Registrtration Sticker in bulk, ($2.40 as against $3.20) and buying padded packages in box loads.   ($35.00/100 as against $0.80 single).  

$135 for a box of 50, makes them $2.70 each until the next rise.

Quote from: 'keldaw' pid='6168' dateline='1357971866'really , i dont know where to start and i cant find a place for new posting , so i will put it here and hope one of the mods will put it where it should be ..

 my question is ,what is a good place to sell coins with out getting ripped off ???

 lets say , i want to sell a mule 2000 dollar coin , ok  , i list it on ebay .. ok , it sells for $ 500.00 dollars , ok ,ebay then take 7.9% =
$ 7.90 per $ 100.00 dollars  == $ 39.50  , then the buyer pays by paypal , ok , i dont know their fees but let,s say $ 10.50 , ok , so now i have $ 450.00 for my mule rather then $ 500.00 , does that seem fair , not to me it does not . is there a better way to sell ??
  ok that may seem ok to some but if you were to sell a lot of unc and proof roos and some other coins and some notes also you could lose quite a few hundred dollars all up ..   ,, kel ,,

can you use the 'wanted buy sell swap trade' and so on  thread here?

can you use the 'wanted buy sell swap trade' and so on thread here?

I can't see why not :good:

Quote from: 'trout' pid='6204' dateline='1357995311'can you use the 'wanted buy sell swap trade' and so on thread here?

I can't see why not :good:

good ideas , thanks everybody    ,, kel ,,

Thanks PPH-I have amended my records.