I'm wanting to sell (A nice Chunk) of my holdings...

LeeBone

...but, it's just not the time I realize.

Browsed the Bay and submitted low bids and won the past 2 auctions I bid on.
Mixed emotions is all I've really got out of all of this.

AUandAG

Yep, the curse of ebay is upon you Lee.

bob

LeeBone

@AUandAG said:
Yep, the curse of ebay is upon you Lee.

bob

chesterb

@FSF said:
Sadly, I don't think the time is ever going to be any better than now. Looking toward the next few years, the economy is only going to decelerate and likely go into recession so no one will be buying then. Looking further out, there will be fewer and fewer collectors and eventually, literally, no coins being produced though that is probably at least a couple of decades off.

Unfortunately, this is where things seem to be headed based on what I've been seeing and hearing.

ChristopherCoins

In my view top pop very expensive coins are they only thing that have upward price potential. I am a weekly bidder at auctions and CAC none finer coins seem to be the only ones going up in price.

thechrisophercollection.net

LeeBone

Aw, F*@k...
Yep, I'll just hold on to them another 20 years... Hope my health holds up

DNADave

@LeeBone said:
Aw, F*@k...
Yep, I'll just hold on to them another 20 years... Hope my health holds up

Agree. Nobody knows what the future holds

blitzdude

No sign that a buyers market isn't going to become even more of a buyers market but nobody knows. Now could be the best time to sell in the next 20 years. What types of coins are you wanting to sell and what's the reason if you don't mind me asking?

topstuf

@ChristopherCoins said:
In my view top pop very expensive coins are they only thing that have upward price potential. I am a weekly bidder at auctions and CAC none finer coins seem to be the only ones going up in price.

thechrisophercollection.net

CAC has nothing to do with it. I've even read that right dang here. Just buy the coins you like and have fun because it's a dadgum hobby and so what if nobody wants to buy coins.
Harrumph and cave-in emptor.

topstuf

I think I'll revise my "two years max" prediction for the demise of any coin without a sticker.

BryceM

Being a contrarian often pays off in the long run. Coins have been dead and buried many times in the past. I imagine they’ll be shining brightly again someday despite all the reasons stated. Will this be the the last, greatest, final permanent slide of a age-old hobby? Maybe, but maybe not.

That said, now might not be a great time to pretend that this is a serious investment.

Unknown

This content has been removed.

Timbuk3

I hear you loud and clear, good luck !!!

LeeBone

@blitzdude said:
No sign that a buyers market isn't going to become even more of a buyers market but nobody knows. Now could be the best time to sell in the next 20 years. What types of coins are you wanting to sell and what's the reason if you don't mind me asking?

As FadeToBlack mentioned, thinning out is a good suggestion. I have pretty much covered the spectrum of coins, dreck to decently valued ones, (1-3k). All the way from Half-Cents right on up to $20 Gold. Been collecting since I was a kid but really got into it again about 30 years ago. Getting older now and just not having "the fun" as before. Still nice knowing that when I run into someone and coins come up in conversation if they ask me if I have a certain Key Date or a certain Type coin, I probably can reply that I do. That just hardly ever happens though. Box of 20, or 40 , sounds like something I'll end up doing. Peace..

Cougar1978

It’s a buyers market at this time but could turn around on dime possibly triggered by some event resulting from migration from equities to hard assets.

I retail many items from my eBay store. If auction blow out generally won’t start lower than 5 to 10 pct below CDN Bid (does trick on most). If doesn’t sell may drop opening a buck or two / rinse and repeat.

At shows may price blow out items at bid plus 10 pct. This is the lowest I would go at a show.

Zoins

@ChristopherCoins said:
In my view top pop very expensive coins are they only thing that have upward price potential. I am a weekly bidder at auctions and CAC none finer coins seem to be the only ones going up in price.

thechrisophercollection.net

At least top pops seem to be strong. The market is bifurcating or even trifurcating. Some things are struggling while others are still strong.

Check out this auction I recently lost:

https://forums.collectors.com/discussion/1010613/strong-results-for-proof-like-pilgrim-jubilee-so-called-dollar#latest

Gazes

@FSF said:
Sadly, I don't think the time is ever going to be any better than now. Looking toward the next few years, the economy is only going to decelerate and likely go into recession so no one will be buying then. Looking further out, there will be fewer and fewer collectors and eventually, literally, no coins being produced though that is probably at least a couple of decades off.

I guess it also depends on what you have. If it is mostly mid grade Morgans which have most of its value in silver, I suppose one could wait for a PM upsurge. But any such event will be very short lived in my opinion. If you have trophy coins, they'll probably be okay for awhile, especially in light of the fact that other assets will likely not appreciate for the next decade or so since RE, stocks, bonds are all overvalued IMO. If you have run of the mill $100-$10K type coins, I don't see the climate getting any better.

You make a lot of assumptions in there. First, you say the economy is "only going to decelerate and likely go into recession." If you are sure of this then you are the smartest man alive. I don't think anyone has a good idea what will happen to the economy in the next several years. It has been very good for awhile now (the economy, not the stock market---and stocks are only off a couple percent for 2018---not depression type numbers). You also assume there will be fewer collectors. Collecting has changed and the internet has played a big role. I see lots of young people involved in collecting but not in the traditional ways (ie. shows, etc). You also state that "no coins" somehow will impact collecting. We no longer have gold coins in circulation---has that hurt the collectability of gold coins? People don't create art like the Old Masters Paintings---how are those prices? Have you also noticed that a billionaire has taken up coin collecting and is putting together one of the greatest collections ever?

My only point is you make some very big assumptions and then jump to the conclusion that the coin market may never be better. I disagree.

blitzdude

Well glad to hear the reason you are selling is not because you need the money. Take your time, don't let the bloodsuckers lowball you.

hchcoin

@FSF said:
Sadly, I don't think the time is ever going to be any better than now. Looking toward the next few years, the economy is only going to decelerate and likely go into recession so no one will be buying then. Looking further out, there will be fewer and fewer collectors and eventually, literally, no coins being produced though that is probably at least a couple of decades off.

I guess it also depends on what you have. If it is mostly mid grade Morgans which have most of its value in silver, I suppose one could wait for a PM upsurge. But any such event will be very short lived in my opinion. If you have trophy coins, they'll probably be okay for awhile, especially in light of the fact that other assets will likely not appreciate for the next decade or so since RE, stocks, bonds are all overvalued IMO. If you have run of the mill $100-$10K type coins, I don't see the climate getting any better.

I will be buying

BAJJERFAN

@blitzdude said:
Well glad to hear the reason you are selling is not because you need the money. Take your time, don't let the bloodsuckers lowball you.

AMEN!

Walkerfan

I'm not worried. I'm in it for the long run. I buy quality, rarity and eye appeal and I won't get suckered by any sharks. I don't think but I KNOW that I will do well.

MilesWaits

Go for it, Lee..
As a sidenote, my bullion coins feel just fine at current value.

ricko

More doom and gloom.... Coin collecting is mainly a hobby, and a business for some. The market goes up and down... in all fields.. coins, stocks, real estate, art etc.. If an individual, such as the OP, is jaded, then either sell or put the collection in storage. You will either come back to the hobby, or sell the whole thing at some point. As far as value, that depends on many things...and for hobbyists, it should not be considered an investment. Markets change...values go up and down due to interest, the economy and other factors. You have collected for years... take a break, talk with some friends, get another interest for a while. The point of a hobby is to enjoy the subject/activity. If that is gone, move on. Cheers, RickO