If you were offered 10K in bit coin to stop collecting regular coins, would you do it?
braddick
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10K in bitcoin deposited into your Paypal account, yet you must stop collecting/dealing/accumulating coins in any fashion for the duration. If it is discovered, you broke this agreement; you would have to pay double in return. Would you do it?
If not 10K, what amount would be necessary?
peacockcoins
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I make 5 to 10k per year. So, 100k and I'm out.
Just to be clear token are not coins…. Right?
But I need 10,000 bitcoins.
I have considered similar questions... Would you sell your entire collection for FMV * 1.2?
For me, it was my employer offering ~ 1 year salary to take early retirement. I like my job, so I decided to get the 1 year salary AND get to keep my job. And get another year, and another!
As for your question, I have a negative bias toward cybercurrency. But even if it were cash money, I think I'd rather keep my options open.
am
In a heartbeat, then I would have the money and be free to collect damaged parking lot coins.
Should I send you my paypal info now or later. 
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
yes, because I have pretty much already stopped. Pat, do you need my e-mail address for the deposit??
My problem would be I'd spend the 10K on a coin and thus turn around and owe 20K, having then lost the wager.
peacockcoins
My numismatic acquisitions have been almost nil over the past year or so, and I'm probably more interested in currency than coins now, so I'd at least consider it. $10k might not be enough for me to shut the door "for the duration", but I'm sure I'd agree to it for $100k.
i'll quit collecting when i'm dead
till then i'll keep collecting
Check out my coins for sale at the link below mid-priced (read carefully)
** https://photos.app.goo.gl/VLi1NBeJuE7UTkCE7**
100k is my price. 10 doesn’t go very far anymore
Founder- Peak Rarities
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After receiving my recent “no-grade, cleaned” from PCGS for a coin that I paid a lot for and it was confirmed by several experts as a high grade and really nice specimen - at this point I quit anyway. I have never been this upset or disappointed... (and I’m out big money).
Maybe you could take the offer again as a double or nothing... and still have the coin...
10,000 bit coins. That id do.
Cash those widgets in. Maybe buy property all over the world, a jet...do some philanthropy. I'd forget about coins just about instantly...
1 bitcoin is $61,112.48 as of this post. so, IF you are talking 10,000x that. i would not only stop collecting regular coins (would cause night sweats) i would hop on a rocket and be willing to leave the planet and recolonize elsewhere. how much are tickets on the Avalon?
OR are you just talking about 1/6th of 1 BTC? in which case hellz no.
Give me the Bitcoin and I’ll just move to bullion or stamps or ? 😂
🎶 shout shout, let it all out 🎶
NO
A: The year they spend more on their library than their coin collection.
A numismatist is judged more on the content of their library than the content of their cabinet.
Nope.
$500k and you have a deal.
If I quit my day job and focus on coins full time, I bet I'd make that in 7-8 years. $500k pushes my retirement date up a whole dang decade though, and that would be worthwhile.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
Man there have been a lot of weird questions on the forum lately. Seems like discussing coins has become passé.
To answer your question, no.
No
Quite a few folks in shock around here. I’ve noticed humor level is off. Not so much funny to those who got poor quality coins. 🤔
Not to mention those who gambled and didn’t do so well on this flip.
🎶 shout shout, let it all out 🎶
Flipping and collecting are two entirely different endeavors, IMO.
Yes sir and unhappy folks in both crowds. This shall pass 🙏
🎶 shout shout, let it all out 🎶
I would stop for $100k. Then I would start collecting Yap stones.
LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album
You're only out money if you sell it in that slab, crack it out.
I wouldnt stop doing coins If I was offered 100k in cash either
No thanks!
"Got a flaming heart, can't get my fill"
Nope - no bit coin for me. Cash is king.
Strictly cash and carry. Stockpile gold and silver coins. In a major war (nuclear exchange / emp, cyber attack) online most likely offline for sometime or permanently - bit coin would be useless / worthless. Acctg wb old school posting the books. My best offer on slabbed coins, stickered coins - melt.
Successful survivors would have - Guns, Ammo, fortress safe house secluded away from radiation area (underground bunker ideal), Cash, Bullion Coins, and food.
There's a price for everything I suppose. I'd miss it, and the people, but there would be a price.
To steal a recent phrase, I'm not sure there's a big enough blank check (but unlike him, I never say never, because someone might offer me a big enough one).
When you say ... for the duration? ... so once I sell the bitcoin I can start collecting again??
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
Count me in. I'm getting close to selling off my collection and I could use an excuse for getting into bitcoin.
No way.
2 million, maybe
Not true. Unless the slab is incorrect, a cleaned coin is a cleaned coin and will sell for cleaned money.
No. Tangible assets are more fun than digital assets.
If multiple experts agree then resubmit the coin. It's highly doubtful multiple experts come to the same conclusion about a coin and are all wrong and it's cleaned.
It sounds as if you bought a coin with dollar signs in your eyes and ignored the red flag that a "big money" coin was sitting there raw for no reason and you simply had to just buy and reap the benefits of having it graded. Sorry if that comes off harsh but your post reads very entitled for lack of a better word.
For the OP, even though I've been enjoying the hobby without actually buying coins for some time now I'd still say no. $10k doesn't change the future outlook for me much at all and I have no clue when the itch to actually buy coins will come back and I'll regret it.
Like it or not, Crypto currency is not only not going away, it may displace our current central bank system with a Decentralized Financial (DeFi) system that bypasses our current banking system. I converted US$$ to BitCoin in late August this year and my BitCoin has increased in value over 30% to date.
Only problem is that PCGS does not grade crypto........yet.
OINK
Nope.
Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014
Sure, but don’t be surprised if Mrs_Spud’s collection suddenly ends up with about $10,000 more coins in it soon thereafter 😉
Mr_Spud
Yep, then I can focus on other hobbies such as antiques or antique sterling silver from Ireland . 10k. Could get me some nice additions
Sounds like your hired experts disagree.
Hell no.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
They could just send out empty slabs with a label because that's all your going to get if you try to slab it! Kindda hard to grade what you can't see.
Guess y’all missed this:
https://pcgs.com/news/worlds-most-valuable-numismatic-item
"Got a flaming heart, can't get my fill"
No. I will collect real money until the day I die.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
The OP is a bit confusing... Ten thousand bit coins or just ten thousand dollars of bitcoin (i.e. just a fraction of one). If the former, of course... If the latter, no way. Cheers, RickO
If someone paid me 3x retail for my collection and covered the capital gains taxes on the promise I would never buy another coin I would. I would just collect from circulation and be a roll hunter. Very easy loophole that
Absolutely not. Not for any amount of imaginary currency. I collect (or more appropriately, hoard) for the historical reasoning behind each coin. And I can hold them in my hand.
Odd question. I am fortunate that my career and decades of regular investing have afforded me the ability to say I have more than I can reasonably need. Not crazy money, but better than the average bear. For that reason, I can honestly say there is probably no amount of money that would convince me to give up a hobby, any hobby, that I enjoy. Certainly not the amount mentioned in the original post. Now if you were to offer to make me 25 years younger, then we can talk.
Indian Head $10 Gold Date Set Album
Nope, not even close
I'd have to be offered much more than I currently own to take an offer like that, so no.
Coins you truly love are priceless.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc