What is the most you've paid for an individual coin

Some of you may have seen that I've decided to have a very narrow focus to my collection. I'm only collecting the tradesmen tokens that circulated in New Zealand in the mid to late 1800s. There are only 100 or so of them, but even the most common tokens are $20 or so in F grade, up to over $1000 for the rarer tokens. This makes a real change in mindset for me, as I'm going from buying mainly bulk lots with the odd low cost individual coin, to buying only 2-3 higher price coins per month.

I'm about to pay $200 for a token of medium rarity, that will be the second highest I've paid for an individual coin. The highest was $350 for an Australian 1934 Melbourne Centenary Florin back when I was collecting world silver coins. I paid that much because it was the last florin I needed to complete the set, the coins seem to increase in value...and it's just a damn beautiful design



I can see that within a year or so I will have collected all the lower rarity tokens and I'll be left with all the medium rarity coins that sell for hundreds, and the rare ones that I'll likely not get for a long time, if at all. So that brings me to my question. What is the most you have decided to pay for a coin that you really want/need for your collection? Can you see that increasing as your collection grows?

580. For a first spouse 10 dollar gold. Low mintage.

$500 for a ms63 $2.5 gold piece

450 usd for Peruvian 1/2 sol 1974 (small variant). Less than 50 pieces known, afaik.

The most I've paid for a single coin so far is not much to be honest. Maybe about 50€ tops.
The interesting part is the most I've spent in a couple months time! So, I decided to save up and I'm going to buy either a Pinto (https://en.numista.com/catalogue/pieces35718.html) or for a Meio Escudo (https://en.numista.com/catalogue/pieces25666.html). It's going to be my first gold coin purchase and they are super cute. At my lcs they have them for about 150€ and 180€ respectively. I'm stoked to get one!

$830 for my South African Proof Set



However in a coin by coin break down, I worked out I paid around $450 for the Gold sovereign.
Since I don't own it anymore (Sold it)

The next was the $70 I paid for my Russian rouble from 1899. (Sorry no photo).

I generally buy sets and lots rather than single coins, and most single coins cost around $30 or so like these

With coins I won and own still

$374 + $6 Shipping for this (About 200 Euros, £180 and US 225)

Worth every damn cent!

2017 US Palladium Eagle 1oz, I paid $1150 each the day they dropped, bought two, sold ONE for $2800 recently.


Funny thing is my local coin dealer said "dont buy it, it wont ever sell", BOY was he EVER wrong about Palladium. I mentioned several times the element is coming to light because of new applications, but nooooo, he did not listen.

$70 or thereabouts (2000 RUB), for an 1818 ruble in April 2011 (during the silver price peak).

I came close to this figure several times in Russian currency terms (most recently when I bought a really worn 1922 ruble for 1800 RUB, or about $30, this February), but not in US dollar terms, where the second largest is probably still the $40-odd (1200 RUB) that I paid for an 1699 fourpence (either in 2011 or in 2012 - I forgot).

The most I've paid is $150+s&h for a 2002 proof 1/4 oz gold eagle, which I bought direct from the mint. Gold was a bit more affordable back then. It now has a melt value of about $418, but would probably sell for a bit more.

Other than gold, paid $117 for a 1878 silver Ruble in AU.

I don't often buy coins that are more than $40-50 and I never feel like I need to buy anything. If I make more in the future, it could certainly increase how much of my budget I'd be willing to allocate to my hobbies, but I don't think it's going to increase too much.

If it helps, my next most expensive was $167 and then $103. Again Halfcrowns over 200 years old.

Then a whole lot between $50 and $70 - mainly my better and historic halfcrowns of GB

The average better coin is $20 - $40 and I buy a lot of coins costing just a few dollars.

I have also bought a few collections that cost between $20 and $200 and equate to cents a coin.

30€ by a with the help of a finnish collector

I’m still not economically independent so my collection is fairly mundane.

The most I’ve paid for any coin is an Elagabalus denarius. Marked at 600 HKD, I actually ended up paying 500 HKD. (That works out to be about 50 pounds.)

Quote: "neilithicman"​I can see that within a year or so I will have collected all the lower rarity tokens and I'll be left with all the medium rarity coins that sell for hundreds, and the rare ones that I'll likely not get for a long time, if at all. So that brings me to my question. What is the most you have decided to pay for a coin that you really want/need for your collection? Can you see that increasing as your collection grows?

​You answer your own question yourself. The individual value of a single coin increases as more as you already have the cheap ones. And the more you reach the goal, the more you're desperate getting the ones missing

I can go quite high when in this position

$330 for a 1872 U.S. Liberty Seated dollar in fine condition.

I think its this one for around 30 €

$0.50 for Kennedy halves for my date run (I like cheap collecting)

For a single coin - new contender and I don't expect it to be topped for a LONG time.



My English Commonwealth Halfcrown cost me $504 ($498 + $6 Postage and Handling) when I bought it for my birthday a month ago.

As far as I am concerned, its worth every cent and a lot more.

Can’t remember exactly but it was circa £700 on a Gold Coast 1 Ackey.

i miss it still... but I feel privileged to have owned one, even for a short time :)

I bought this 1900-O NGC MS63 Morgan for $58 from a distant coin shop last week. I plan on getting all the 1900-1904 coins minted in New Orleans in graded UNC condition. (Except the 1903-O (dont have that much currency!))

(Do you have that book?)

Quote: "Mark240590"​Can’t remember exactly but it was circa £700 on a Gold Coast 1 Ackey.
​
​i miss it still... but I feel privileged to have owned one, even for a short time :)

​Hope you got your money back when you sold it off

$1526 for an AU 1904 US gold $20 back in August.

Started a US gold type set and wanted to get the big boy out of the way first.

$90.00 for a 40 Centovas Puerto Rico Coin.

$225 Canadian for this one..........

Do you guys not have wives?

Quote: "13coinmike"​2017 US Palladium Eagle 1oz, I paid $1150 each the day they dropped, bought two, sold ONE for $2800 recently.
​
​
​Funny thing is my local coin dealer said "dont buy it, it wont ever sell", BOY was he EVER wrong about Palladium. I mentioned several times the element is coming to light because of new applications, but nooooo, he did not listen.
​

​Love your story. You had faith in your strong belief and sold it for an awesome profit.
Brilliant

Quote: "ellemerob"​Do you guys not have wives?

​Nope, happily gay and want to stay that way.

Quote: "ellemerob"​Do you guys not have wives?

​Yes, and she's the first supporter of my addiction, the one who would say : "come on, if you think you might not see another one this nice in your lifetime, you should buy it"

Awesome that Moneytane is in a similar boat to me! I don’t quite have autism, but I’ve struggled with severe ADHD for most of my life. Only started subsiding about 2 years ago when I finally began taking an effective medication. I was taking another medication before that, which was effective, but the side effect was extremely severe depression. It’s mostly gone now, but it still comes up from time to time and I have to go back on my meds...

I thought I just had autism, but now it seems that I might have ADHD too.
(Russian medicine struggles at recognizing either, and I don't want a schizophrenia diagnosis for my troubles, so I hadn't officially confirmed either yet.)

And my recent trip to the Taganka coin market yet again confirmed what I've known for a while - paying only a little for each individual item doesn't help you when there's a lot of them. No item I bought came up to over $5 individually (and only one coin even came close, most were in the $0.5-3 range), yet I spent well over $100 that day.

Quote: "January First-of-May"​I thought I just had autism, but now it seems that I might have ADHD too.
​(Russian medicine struggles at recognizing either, and I don't want a schizophrenia diagnosis for my troubles, so I hadn't officially confirmed either yet.)
​
​And my recent trip to the Taganka coin market yet again confirmed what I've known for a while - paying only a little for each individual item doesn't help you when there's a lot of them. No item I bought came up to over $5 individually (and only one coin even came close, most were in the $0.5-3 range), yet I spent well over $100 that day.

​Excellent way to spend $100

Quote: "BluHawk"​

Quote: "January First-of-May"​I thought I just had autism, but now it seems that I might have ADHD too.
​​(Russian medicine struggles at recognizing either, and I don't want a schizophrenia diagnosis for my troubles, so I hadn't officially confirmed either yet.)
​​
​​And my recent trip to the Taganka coin market yet again confirmed what I've known for a while - paying only a little for each individual item doesn't help you when there's a lot of them. No item I bought came up to over $5 individually (and only one coin even came close, most were in the $0.5-3 range), yet I spent well over $100 that day.

​​Excellent way to spend $100

​Well, yes, if you can afford to spend that much. I could (having recently finally got paid for assorted work I did over the last year), but it was a close thing.

(At least I got my first Draped Bust large cent, and my first coin of William and Mary, and my first Scottish coin, and 10 other new issuers, and a lot of assorted banknotes that I hadn't even started to enter.)

5000 euros for a 5,000 euros coin that I sold 5000 euros ...
https://fr.numista.com/catalogue/pieces40624.html

Not a big spender here but I managed to snag this capped bust half for about $70 USD last year. Most of my silver coins don't exceed $10-15.

The most Ive paid for 1 coin is $142.50 for a British Trade Dollar.
I dont usually collect coins from the U.K., but this particular coin is the highlight of my collection.