Monday, September 23, 2013

Buying with the Right Mindset...Then You Wont Get Burnt!

Recently I came across few newbies in Numis family. Apparently they have been into this hobby just for a short while, say about 1 year ++.

However, most of these newbies, in my 2 cents worth opinion, were not really genuine collectors. In fact most of them were purely seasonal collectors, some were purely opportunists hoping to make fast cash.

Myself being a collector 1st, investor last, wish to pose these questions to those newbies.

Question 1:
What is the real intention of buying a particular numist item- For personal collection? For investment? For business purposes?

Question 2:
If you are buying for personal collection, how long are you willing to keep it in your collection? 20 years? 30 years?

Question 3:
If you are buying for investment purpose, have you considered the time frame required as well as the factors that will determine the rate of appreciation of the item?

Question 3
If you are buying for business purposes, are you able to resell easily or will it get your cash flow stuck?

One should be well aware that the route one has chosen will determine the strategies needed to acquire the item. It will also affect one's ability to collect in terms of knowledge and technique required prior to purchasing.

Tuesday, September 10, 2013

1925 British Trade Dollars

British trade dollars, used to be a very popular trading coins in SEA. Now is just a piece of junk that many may not even bother to look at!

Tuesday, September 3, 2013

1961H Malaya British Borneo QE2 50 cents MS64

Just another piece of 1961H MBB QE2 50 cents coin that I recently acquired. Still looking for the MS65, MS66 and MS67.

Monday, September 2, 2013

1961H Malaya British Borneo QE2 50 cents MS63

A piece of MBB QE2 50 cents coin that I got in my collection bought many years ago. This 1961H is not the rarest amongst all the years of issue. Maybe there are others which has much better grades out there.