Much of my story isn't too different from yours, Ed.
My VERY first sword was a piece of junk decorator sword that I found in our shed when I was 10. My dad had apparently bought it, also when he was around 10, for roughly the price of 10 cents. It really was junk, but at that age it was the greatest find in the whole world. The thing was covered in rust, but he helped teach me how to clean it all off (no jokes about how that knowledge seems to have been lost on me, please.
), and since I was a huge medieval nerd already at that age, the sword was something quite magical to me. It was completely blunt, so my parents had no issues in letting me have it.
My second sword was another piece of junk that my dad had picked up in Saudi Arabia. It was made of copper, with a leather hilt. My dad bought it when he was young and in the airforce, and he said he bought it from some street peddlers because he thought it probably was going to help them eat that night. Again, it was worthless, but at the age of 11, it was amazing to me. It was also not very sharp, so my parents let me hang it on my wall.
My first modern production sword was given to me for my 13th birthday. I had been doing Aikido at that point, and what I'd wanted the most for my birthday and Christmas gift combined (December birthday) was a katana. I'd been drooling over the swords at this "Asian" specialty store in Springfield Mall, and there was one particular one that I wanted soooooo badly. It was a cheap stainless steel wall hanger, but I didn't know any better. My parents weren't sure about letting me own a sharp sword, but they decided I'd proved myself responsible enough, so they ended up getting it for me.
Throughout my teen years, I ended up purchasing a few more cheesey stainless steel katana, because I thought they were awesome and I didn't know any better.
Eventually I started reading online about "battle ready" swords, and realized that was the way to go. And I started reading more and more about the properties of "real" swords. Then, in college, I started working for Cheseapeke Knife and Tool in Fair Oaks Mall, which let me handle all sorts of different low-end production swords (though at the time, I didn't think they were low-end). I bought a CAS Agincourt sword, which was quite exciting, because it was the first lightweight sword I'd ever owned. I eventually bought several other CAS swords.
When I started training in Western Martial Arts, I started having more and more of an interest in swords that were based on historical examples, particularly in performance. I started getting into Del Tin, but they just didn't quite fit the bill. Then I found out about Angus Trim, and bought the Christian Fletcher Type XVI (which, I realize today, wasn't really a type XVI...). That was what I consider my first really serious sword purchase. I owned several Angus Trims after that. I was more concerned there with performance than historical accuracy and looks at that stage of my collecting, because I was starting to view the market having four main categories: 1) Wallhangers, 2) Pretty, but only semi-functional, 3) Angus Trim (Excellent functionality, not that pretty), 4) Full custom that I'd never be able to afford. So Angus Trim seemed the way to go for me, especially because by this point my main interest was the martial arts aspect of the sword.
Nathan Robinson sold me my first A&A, which was the Italian Three Ring rapier. And from there, I was hooked on historical accuracy with my swords. Gus's swords were still great, but man, A&A had both the performance *AND* the historical looks. And the more I started leaning towards historical accuracy, the more I started appreciating the various other aspects of the historical pieces. The performance was certain important, but I started having a strong appreciation for the art that historically inspired pieces had, and started having a better understanding of historical originals.
Then Albion launched their Next Generation line, and man, I went a little crazy there for a while.
I bought six within one year (not an easy feat for someone with a fencing instructor's salary), taking advantage of their "buy six in a year, get the seventh free" deal.
In that time, I also started going semi- and full custom. And I have been tempted far more than once about buying an antique or seven.
And what has this all taught me? That, damn, I'd be rich if I never picked up this hobby.