What is your opinion regarding the current market prices?
Walkerfan
Posts: 9,479 ✭✭✭✭✭
What are you planning to do with your holdings?
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
What is your opinion regarding the current market prices?
This is a public poll: others will see what you voted for.
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Comments
I already have a custom made casket!
I have absolutely no plans to sell my collection EVER. My boys can deal with it after I'm gone.
Interesting you mention that as I’ve been thinking lately about the same thing. Perhaps a VW bug will hold me and my stuff and won’t take up that much space 🙀😉
🎶 shout shout, let it all out 🎶
I don’t think we’re in any kind of a bubble right now. Could be wrong, but I only spend disposable income in coins as collectibles so my downside is really small.
Am not ready to sell my collection since I like it and it makes me happy. The current market isn't dictating my decision.
That said, if you need money, then it's a great time to ensure making a profit or becoming unburied in one's coins!
"Got a flaming heart, can't get my fill"
I feel like we need some more options here? I am selling duplicates now but holding my main collection and still selectively adding when I can.
Whether or not prices are high depends on what you have, what you want to buy, and what you want to sell.
"Seu cabra da peste,
"Sou Mangueira......."
Since I am a YN I have to be very selective with what I purchase for my collection. It sometimes takes years to fill a spot in a set and I would never want to get rid of these coins, they represent a lot of time and research into finding the best one that fits in. I also think that the prices for attractive coins for any series are here to stay. Just another reason to hang on to them.
Coin Photographer.
I am a sell now (duplicates) to buy more now. I didn't see that option but voted sell now as it was the closest of the two. I am holding all my low pop gold, my basically bullion pre-33 coins and CAC gold for sure.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
I think that nominal prices are going to got up, but when you adjust for inflation, you might tread water or be a little bit behind. Since I am still in the buying mode, you might call me a fool, but at this point is more recreation.
I might buy my first expensive U.S. coin in a number of years. It's been on my radar for over ten years.
This may be a great time to unload your mistakes.
I really don't know.
My collection is mostly in the raw housed in Danscos and there's nothing fancy, so may sell if the price is right I s'pose.
With my youngest getting ready to go off to college soon and my oldest also heading for his master's program, am sort of on the fence since having three kids in university at same time can take it's toll. My wife has taken a brief hiatus from her second Master's program that she was pursuing because things were getting a bit too hairy for comfort.
Will know by summer I guess.
https://www.pcgs.com/setregistry/u-s-coins/quarters/PCGS-2020-quarter-quest/album/247091
I sold off about 80% of my holdings as it’s a great time to get rid of lower and middle end stuff. I was buying but the prices are getting ridiculous in gold dollars. I’ll ride it out for the most part now.
I am thinking about selling my roll of 1964 Silver Dollars.
Anybody remember this one? Listen to the lyrics...
https://youtu.be/G-Xt5DAwlfg
Spoken like true collectors. The Market ups and downs are just noise in this hobby. Nice coins should be purchased when they become available, anything else is just investing.
Full disclosure, I don't think you should sell your collections, except to me. :-)
Don't try to time the market, coins or stocks.
+1, I will buy the right coin if I can afford it. The trouble is being able to afford the right coin, I'm being priced out of this market as some others have also stated in threads about the market. But at the same time I'm not at a point where I want to sell it all.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I’ll buy them! Are the 1964D dollars??
I’ll pay top dollar my friend
I’ll keep them around a little longer.
Hoard the keys.
I will trade you two half-rolls of 1964 half dollars...
Sell now as prices are at an all-time high and may drop back down
I'm selling some coins I don't care about since prices are strong.
It's ALWAYS a good time to unload your mistakes!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Bingo
I am not planning on selling now or in the foreseeable future. Things could always change of course. I like my coins, that is why I purchased them. Cheers, RickO
I voted "Hold", but I'm also selling other collectibles (including coins) to fuel my coin hobby.
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
I would like to slowly sell off most of my collectible coins. I would then use the money to buy precious metals, and add cash to my accounts. My heirs have no interest in coins. I don’t want to burden them with liquidating my collection, which they know nothing about. I want to leave them with easy to liquidate precious metals and cash. That would be my ideal plan.
Don't ask me why I finally decided to use your post to say this, as this comes up here all the time!
How can someone even remotely consider an inheritance or gift as a better way to put it a burden? If the heirs want to do their due diligence, it could be a gift that keeps on giving! I can't tell you how many collectors I have met that started collecting from inheriting a collection!
I voted hold on, but I continue to sell here and there when my collection goals change, or when I may upgrade the occasional weak example I have that I purchased when my patience was weaker than it is now.
I have instructions in my trust to contact Heritage Auctions or Great Collections or David Lawrence to sell the coins. No big deal.
Are coins worth more, or the dollar less?
Are you collecting or investing?
Your answer to these 2 questions will tell you what to do.
Hold on and then pass on.
Wayne
Kennedys are my quest...
I have sold out of a lot of US material (pandemic & recent retail sales). It seems really expensive vs world. Unless I can buy US coins right not a buyer. Not gonna get in bid war for it. A lot of it reminds me of 89 before the big market crash. Don’t finance coins with credit card debt.
More interest in Currency and Mexico Coins. I have a bunch of currency I want submit PCGS.
I stand by what I posted above. What you say above may work for you, but makes no sense to me. If you want to leave a collection to heirs, who have no interest in coins, instead of liquid assets acquired through the sales of those coins, be my guest.
Death represents an excellent tax break. Having your heirs sell/divest your collection can be financially beneficial. I provide detailed instructions (with dealers or auction houses to coordinate the sale of my various series) to my heirs.
What prompted my responce was "burdon!" I take that as you are giving your heirs a "Pain in the Ass" if you leave them the gift of your collection! If they feel that way I would be happy to take the pain out of their ass!