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My First Journal

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Naked Angel

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Hello everyone, I have been an NGC member for a few years now, and a lurker on the chat boards.  I have never posted on there, or created a journal, but I wanted to create a journal to document my progress.  I recently realized that I had made a tremendous amount of progress this year on my collection of Mexican Libertads.  Like a lot of people, when I first stated collecting I didn't really have a focus.  I just bought a lot of random "junk", like silver bars and rounds, silver bullion coins from different mints around the world, and the occasional gold bullion bar or coin.  That all changed several years ago when I bought my first silver Libertad.  I was instantly hooked.  Over the last few years I stopped buying random stuff and when the budget allowed, made an effort to create a collection of Libertads.  Late last year I decided it was time to get serious about my collection (in a having some serious fun kind of way, lol).  My goals were to cycle through the junk from my early days of collecting and turn that into what I really wanted.  I also had to keep it "budget neutral", because when the wife sees too much money being spent on coins, its a bad day for me.  Now admittedly I have taken a loss on some of the random bullion, but I suppose that is the cost of education.  One highlight was getting a 1 oz gold American Eagle graded, which came back MS 69, and then selling it to raise money for a 2018 1 oz Gold Reverse Proof Libertad.  That was the best decision I've ever made when it comes to coins.  That was sent off and came back an RP 70, and it's the most beautiful coin!  I recently did an inventory check and realized I've added 30 coins to my collection this year so far.  By my standards that's a great year!  Also, my registry sets don't yet reflect my actual collection, because I have probably only 1/3 of my Libs that are graded.  That will be a goal for next year.  I hope to write often about my collection or Libertads in general.  So thanks to anybody who cares to read this, and if you want, leave a comment.  Until next time... 

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Welcome to the world of journaling where the focus is more geared towards the journey. What a wonderful choice you have made to shift your focus to Libertads and congratulations on that gold reverse proof 70! Just as you are, I am struggling to keep my budget in check. When I was working I told my wife that coin collecting was the more hands-on fun part of my retirement portfolio and saving for the future. Now that I am retired, I have shifted gears and I sell some to buy some. Ahh, the joys of this hobby. Of that you are very well aware. Just one more thing, when you get a chance would you upload some pictures of that Libertad? I would love to match the coin to the great description!

Gary

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Thanks for the comment gherrmann44..it’s funny you should say that about your retirement portfolio.  That’s what I tell my wife too, that I’m not just buying for kicks and giggles, it’s part of our retirement.  It doesn’t always sway her, lol.  Fortunately I’m far from that day.  Here’s the PF 70..

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EF3BCBF4-0BBC-4100-ADE6-CA6528B5B204.jpeg

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28 minutes ago, Naked Angel said:

Thanks for the comment gherrmann44..it’s funny you should say that about your retirement portfolio.  That’s what I tell my wife too, that I’m not just buying for kicks and giggles, it’s part of our retirement.  It doesn’t always sway her, lol.  Fortunately I’m far from that day.  Here’s the PF 70..

I almost have the opposite understanding with my wife. I make it very clear that, while some of my purchases have a fair amount of gold or silver value supporting them, I'm not banking on them going up in value and I hope I never have to sell them.

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Hey Naked Angel, beautiful libertad!!!  Congrats on finding a set you want to work on, hope you start working on your registry, it becomes very fun!

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