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Collecting while married...

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Revenant

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That much discussed and debated 1875 came in the mail Tuesday.

I over-spent my coin budget a little bit to get it with the agreement that I wouldn’t buy anything for a month or so while my budget caught up with the spending. It’s a deal I’ve made in the past and one I made again because I’ve been worried that the current run-up in the gold price could continue and that could make the coins more expensive to buy in another month or so. Even so, it was a modest over-reach of my budget, just $200 or so.

Like others I don’t think I’d get away with taking out a loan, a HELOC, or a mortgage for a coin, but I can pretty easily get away with buying something on the first day of a credit card billing cycle and making the bank give me a 50 day interest-free loan, because, why not? Add in the cashback and they're basically paying me to use the card.

The collecting budget is going to be a little more generous in the final third of the year now that the short-term cash crisis caused by Sam’s birth is resolving - this is in no small part because my wife started a side-hustle that is already paying off in a big way. I'm hoping this might let some projects that are currently tabled to move forward again.

My wife, ever one to tease me, joked Monday night saying, “So I get to keep it for a month until you’ve paid for it, right?” Like it was a layaway purchase. She does these things specifically to get a reaction out of me, but I usually don’t take the bait and didn’t this time. I just shrugged and said, “sure, if you want to.”

For me, the important part was securing the coin for the set at a price I was happy paying. But, I’m still the father of two young sons. I don’t usually get hours to sit and look through coins anyway. It’s not uncommon for the coins in this set to spend a month or two in their box and not come out for air. So, the idea of this coin spending a month in a different box just doesn’t illicit a big response from me. Getting the coin in September or October still gives me more than enough time to get it in the registry set and get pictures taken and posted.

But, it was all just to tease me anyway. She wanted me to take it when it arrived and enjoy it and she had no interest in keeping the thing shoved in her underwear drawer for the next month. So, the coin has joined the rest of the set, physically and electronically.

The coin itself is quite attractive. I have a feeling I may actually like it more than the PCGS MS67 in overall look and I think the strike and / or die-state might even be nicer. Both this new MS66 and the PCGS MS67 have some die polish lines apparent on some parts of the field.

I ended up being very happy that I didn’t try to wait and get that other MS66 in the old fatty holder when it was re-listed. Not only is the one I got a very nice coin, but the seller relisted that other one yesterday for $150 more than they were asking for before - $600 for the coin, when I picked up this one for just under $400. That was surprising.

Sam will be 7 months old in a week. He’s about 13 pounds now - over 4 times his birth weight. He’s lagging behind on some developmental milestones but he’s making progress and getting physical therapy sessions every 2 weeks to track his progress and advise on how to help him  learn. But, he’s a happy baby most days. He slept his way through New York City with his mom last week.

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I'm on the sell coins to buy coins agreement with my wife. I've bought several coins this year already and just completed a $2000.00+ coin sale with a few pleasant surprises and some not so pleasant. I'll post about the whole experience soon. Gary

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yeah I have to show I am always packing up envelopes and selling coins on Ebay and saying "sad to see this one go, had it since 2010" real loud in front of her.  And whenever fedex comes, it's just another catalog.  NGC is great because when coins come, maybe they were already mine to begin with

It is good to take your coins out, in natural sunlight, especially since yours are gold.  I haven't done the research, but I suspect regular gold in sunlight viewing is therapeutic even through the slab.  

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Quote

My wife, ever one to tease me, joked Monday night saying, “So I get to keep it for a month until you’ve paid for it, right?”

Priceless! I love it. :bigsmile:

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3 hours ago, deposito said:

It is good to take your coins out, in natural sunlight, especially since yours are gold.  I haven't done the research, but I suspect regular gold in sunlight viewing is therapeutic even through the slab.  

Good lighting is definitely important, both for photos and general viewing. I have, on occasion, just turned on the LED flash on my phone just so I could have a strong light that I can manipulate / move to really look over a coin. I did that with the new one when it came in.

I have a special NGC storage box that I call "the gold box" that has all 16 of my ngc-graded gold coins - 8 of which are part of this set. I keep them together specifically so I have one go-to box for looking at all the gold. Some of my other projects - like my modern 1 oz silver bullion coins - occupy several full boxes on their own. One of these days I need to bite the bullet and put labels on some of these boxes so I can find certain coins I like to look at faster.

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