A continuation of my journal entry from 11/4...

Yes, this is a continuation of my journal from a few days ago. The impetus for this entry was an editorial (I think) that I read a couple of years ago. The writer made the point there is just too many Canadian coins being produced and that the RCM should have to cut back.

My feelings on the editorial are simple. Why would anyone complain about our great hobby, especially to complain there is too much of something. My point here is, unless my name is Eliasberg or Bass, I am never going to be able to afford a copy of every single coin. So what can we do?

Speaking for myself, I have to decide on limits. What do I want to collect (I have never met any coin or piece of currency I do not like) and how much can I spend? Really, right now, the amount I can spend will be very simple to calculate, I have about an average of $850 of expenses every month. So, approximately 1/4 of the excess of that per month will be my limit. Ok, then what to collect.

For examples here, I grew to love the Morgan dollar because my dad had saved several Morgans and Peace dollars. I think he loved, as I do, the feel of these big pieces of silver. Also, back when I was kid of 9 or 10 and was collecting, I thought the Liberty Nickel was the coolest thing since sliced bread. I still like them, along with Buffalo Nickels, Indian head cents and I have acquired an appreciation for the Large Cents and Half Cents. Competitive registry sets would too prohibitively expensive for me, so my solution is simple. I will either do some type sets, or use the Circulated Coin sets which only allow AU and below to be in the sets. Some of the coin series I like are fairly reasonable in grades of Fine to Extremely Fine. Or I can pick one really nice example of some of the coins I love and make a type set.

This will be my goal for the next few years and I am hoping to be able to report on my journey for many years to come. Thanks for reading. My picture for this entry is a scanned picture of the Canadian $10 silver commemorative of the first Canadian banknote.

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