Mathematics for coin collectors Analogy

Some of you maybe old enough to remember exam maths .... Which was about a bath filling up with two taps and an water escaping at a certain rate from the plug hole.

I feel coin collecting is like that - no sooner do I get some coins (drain away), then the coins that I need increase and there is more work to be done to fill up my collection. It's never ending ........

I suppose an end of a kind will come when there are no more round pound coins... Then I can catch up.

It would be pretty boring if there was an end. If you could just write a cheque and get the entire collection in one hit then you'd be left with nothing to do and you will have denied yourself the thrill of the chase and the satisfaction you get from tracking down a coin that's difficult to get that you've been needing.

Same as collecting TCG cards; that is why the makers must be careful with rarities and desire; as long as there are desirable cards but not enough to fill everybody's collections then your product will keep selling because of those that are trying to complete a collection. Then some time later you can release that same design in a cheaper way to get even more profit from those desperate ones. And repeat the circle.

Observing this you will realize that the hype is your worst enemy when buying coins, because they might lower their price a lot; but the opposite might happen. And that "might" is what hooks most collectors in a high spending spiral.

TCG cards?

Απόσπασμα: "neilithic"​TCG cards?

​https://en.wikipedia.org/wiki/Collectible_card_game

Απόσπασμα: "neilithic"​It would be pretty boring if there was an end. If you could just write a cheque and get the entire collection in one hit then you'd be left with nothing to do and you will have denied yourself the thrill of the chase and the satisfaction you get from tracking down a coin that's difficult to get that you've been needing.

​you make a good point, it wouldn't be as much fun it it were too easy would it - although it would be nice if I had enough money to write a cheque for everything I wanted.

I am still a novice, and focussed down on my collection, I started wanting to collect everything .

It is great fun though - and fellow collectors like you always help ?

Everyone starts collecting like that. You start collecting anything and everything until you find what you like and then you narrow your focus (well some people do, others continue collecting anything and everything.)

I narrowed my focus down to pre-1945 coins and coins made of unusual metals (tin, zinc, iron, lead, etc) But that doesn't mean I can't add things to collect if I find something else I like. I recently started collecting New Zealand and Australian trade tokens, Canadian bank tokens and British Conder tokens because I'm fascinated with the idea that tokens made by private entities were readily accepted as legal currency by the general population.....and lots of them have brilliant designs too, this is one of my favourites

I am collecting bi metallics which means it's one set in album but different countries too.

I a fair few world coins, but I never know whether to sell or swap to build up my collection. Most swappers refer to swaps as doubles, implying ( whatever they collect) they still keep anything they get.

so what do you think , should I sell some older coins to get more of the ones I collect eg IOM crowns , but I always think I'll regret it later on...

charles

Things like this are why the infinity term and logo were created.

If you pursue mathematics long enough, you will be given the problem where a hole in the barrel lets the water out, and a source refills the barrel at a constant rate. As the level rises, the pressure increases, and the water runs out faster. You will be asked to find the level of equilibrium.
My level is still rising.

Wow... These analogies for coin collecting roll in - that barrel one had me scratching my head

Απόσπασμα: "iknw07554"​Wow... These analogies for coin collecting roll in - that barrel one had me scratching my head

​Just some simple calculus

As long as you're not really sure what you want to collect, keep everything except your doubles. So you avoid regrets afterwards.

Απόσπασμα: "Essor Prof"​As long as you're not really sure what you want to collect, keep everything except your doubles. So you avoid regrets afterwards.
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​Unless you're talking about the pre-decimal Guernsey coins, keep them too.

Hahaha, yes, those doubles from Guernsey are nice coins, so indeed, keep them too. Unless you have those doubles double.

Απόσπασμα: "neilithic"​Everyone starts collecting like that. You start collecting anything and everything until you find what you like and then you narrow your focus (well some people do, others continue collecting anything and everything.)
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​I narrowed my focus down to pre-1945 coins and coins made of unusual metals (tin, zinc, iron, lead, etc) But that doesn't mean I can't add things to collect if I find something else I like. I recently started collecting New Zealand and Australian trade tokens, Canadian bank tokens and British Conder tokens because I'm fascinated with the idea that tokens made by private entities were readily accepted as legal currency by the general population.....and lots of them have brilliant designs too, this is one of my favourites
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​Love this Token neilithic.

Just started on my Canadian Tokens this month, latest pick-up.....

https://en.numista.com/catalogue/pieces4913.html

and those Condor Tokens are amazing!!!!

I hate you Numista....my collection is growing and my Bank balance is shrinking

Απόσπασμα: "neilithic"​Everyone starts collecting like that. You start collecting anything and everything until you find what you like and then you narrow your focus (well some people do, others continue collecting anything and everything.)
​
​I narrowed my focus down to pre-1945 coins and coins made of unusual metals (tin, zinc, iron, lead, etc) But that doesn't mean I can't add things to collect if I find something else I like. I recently started collecting New Zealand and Australian trade tokens, Canadian bank tokens and British Conder tokens because I'm fascinated with the idea that tokens made by private entities were readily accepted as legal currency by the general population.....and lots of them have brilliant designs too, this is one of my favourites
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​Neilithic,
maybe this link would interesting foryou?
here Canadian seller sells his coins for very cheap price. and canadian tokens as well. sometimes - for very good prices. He is trusted. and 100% honest, I was buying from him several times. Also he is Numista member, but not active anymore

https://www.facebook.com/groups/166189646877746/
best
D.