The recent thoughts by Revenant1 on their choices following the eventual appearance of not one but two examples of a long sought after 1877 Netherlands 10 Gulden coin prompted me to post my first journal entry although the nature of my dilemma is somewhat different.
As a collector of world coins one of the challenges over the years has been to improve the quality of my collection, however, the number of suitable examples appearing at auction here in the UK is extremely limited with the consequence that most of my purchases are from auctions in the US and continental Europe with some from even further afield (e.g. Australia, Hong Kong and Japan).
Although the Buyers Premium and shipping costs can vary dramatically between auctions they are known in advance, whether the purchase will incur import duty should also be considered in what is now very much a global past-time, however the recent biggest uncertainty is currency valuations which seem to be more eratic than ever. Having recently paid invoices in USD, Euros and Swiss Francs my dilemma is do I pay immediately to get the coin in my hands as fast as possible or wait a few days and hope the exchange rate moves in my favour? or risk it going in the wrong direction - as the £ seems to be doing a lot at the moment.
As coins often provide a tangible insight into the ever-changing history of the world, coupled with (many) years between the appearance of some issues which then may or may not match availability of funds, I expect I will probably carry on regardless and live with the 'excitment' of the currency markets. I can not see myself returning to collecting only UK issues although I would appreciate a more stable exchange rate rather than having to contend with +/- 5% depending on the day of the week!