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To All the Flippers, out there...

joeykoinsjoeykoins Posts: 14,854 ✭✭✭✭✭
edited January 29, 2023 11:09AM in U.S. Coin Forum

Hi guys,
Happy Sunday!
Yes, To All the Flippers!

:D
Which coins/Bullion are you unwilling to Flip?
Meaning, there are coins for flipping purposes.
Then, there are coins you buy for ONLY keeping them in your collection. Which ones are you holding most likely than others you are willing to sell/flip?
For me, they are the

Beautiful Libertads!

I'll TRY to keep these as long as possible. lol Although, one never knows when I might HAVE to sell?
Plus, there are those sentimental coins, of course.
How about you guys?
Plus, there are many others, such as this one.

"Jesus died for you and for me, Thank you,Jesus"!!!

--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.

Comments

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    Cougar1978Cougar1978 Posts: 7,615 ✭✭✭✭✭
    edited January 29, 2023 10:22AM

    Everything I have is for sale as in the biz. The quicker they turn the better. Coins / PM do not pay interest or dividends.

    So Cali Area - Coins & Currency
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    joeykoinsjoeykoins Posts: 14,854 ✭✭✭✭✭

    @WQuarterFreddie said:
    I hold on to the coins that have special meaning or sentimental value for as long as possible.

    I bought this one at Rick's pawn shop when I was in Vegas as a souvenir!🥳

    Very cool to keep!
    Unusual.
    B)

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
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    gumby1234gumby1234 Posts: 5,425 ✭✭✭✭✭

    @WQuarterFreddie If that $80 dollar sticker is the price you paid for a 1 Troy oz silver round then you will have to keep it for quite a while. Or sell and take a loss.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

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    Glen2022Glen2022 Posts: 843 ✭✭✭✭

    $80.00? No wonder Rick has so much money to spend.

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    jmlanzafjmlanzaf Posts: 31,873 ✭✭✭✭✭

    @gumby1234 said:
    @WQuarterFreddie If that $80 dollar sticker is the price you paid for a 1 Troy oz silver round then you will have to keep it for quite a while. Or sell and take a loss.

    https://www.ebay.com/itm/255880507089?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=g_A2NfwdRJS&sssrc=2349624&ssuid=I7BWTu72SVS&var=&widget_ver=artemis&media=COPY

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I have never been a 'flipper' of coins... I do sell some gold occasionally, but generally speaking, when I buy a coin, it is for my collection.... and there it stays. Though, some day.... Cheers, RickO

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    joeykoinsjoeykoins Posts: 14,854 ✭✭✭✭✭
    edited January 30, 2023 9:57AM

    @ricko said:
    I have never been a 'flipper' of coins... I do sell some gold occasionally, but generally speaking, when I buy a coin, it is for my collection.... and there it stays. Though, some day.... Cheers, RickO

    Great willpower, RickO.
    I try and try, but it seems to bite me.
    Which, isn't too awful.

    Cash Back, baby!

    90% of my cherry picks, are the first to go.
    They bring the most profits.

    Right now, I can honestly say, me personally.The keepers/flips are 60 to 40.
    60% - Keepers
    40% - Flippers

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • Options
    WQuarterFreddieWQuarterFreddie Posts: 2,548 ✭✭✭✭✭

    @gumby1234 said:
    @WQuarterFreddie If that $80 dollar sticker is the price you paid for a 1 Troy oz silver round then you will have to keep it for quite a while. Or sell and take a loss.

    Really? Ya think? The OP asked for our coins that we have NO interest in flipping not the other way around.

    As I clearly stated in my post the coin was bought as a souvenir from my first trip to Vegas not as an investment. Sentimental value for me is far greater than the price I paid for it.😎

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    jackpine20jackpine20 Posts: 139 ✭✭✭✭
    edited January 30, 2023 10:11AM

    Some time back, I purchased my first gold coin ... in a rare PCGS holder ... at a fair price. I loved the gold, but not the holder. Rather than return it to the seller with my lame excuse about a "loose" feeling doily holder, because that's how they come, I turned around and listed it right away on eBay. I inflated the price because I could. The flip took 20 days! $210 profit, after fees! This is my only significant 'flip', and it was by no means, premeditated. Edit- oops. Sorry, I misread the OP. Nothing in my collection is a candidate for a flip. I don't buy with that in mind.

    Matt Snebold

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    joeykoinsjoeykoins Posts: 14,854 ✭✭✭✭✭
    edited January 30, 2023 10:39AM

    @jackpine20 said:
    Some time back, I purchased my first gold coin ... in a rare PCGS holder ... at a fair price. I loved the gold, but not the holder. Rather than return it to the seller with my lame excuse about a "loose" feeling doily holder, because that's how they come, I turned around and listed it right away on eBay. I inflated the price because I could. The flip took 20 days! $210 profit, after fees! This is my only significant 'flip', and it was by no means, premeditated. Edit- oops. Sorry, I misread the OP. Nothing in my collection is a candidate for a flip. I don't buy with that in mind.

    Even bullion?
    Or junk silver even? I constantly flip these.
    Esp. when I win some Silver Eagles, Maple Leafs, low mintaged foriegn cartoonish coins? Or even when I coin roll hunt some half dollar silver!
    ;)

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
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    jackpine20jackpine20 Posts: 139 ✭✭✭✭
    edited January 30, 2023 11:23AM

    @joeykoins said:

    @jackpine20 said:

    .... Edit- oops. Sorry, I misread the OP. Nothing in my collection is a candidate for a flip. I don't buy with that in mind.

    Even bullion?
    Or junk silver even? I constantly flip these.
    Esp. when I win some Silver Eagles, Maple Leafs, low mintaged foriegn cartoonish coins? Or even when I coin roll hunt some half dollar silver!
    ;)

    @joeykoins, I don't own any bullion. I have my Grandfather's 10k HS class ring from 1931 that I would never dream of selling. That is my only gold. I have a small handful of 90% half-dollar silver that my mom paid face value for in the early 1960s. Again, I'll never sell.

    I have sold off all of my absent-minded accumulations of junk, some at a loss, but I don't think of it as a flip if my ownership is years long, and I have no record of what I paid. I have limited means and I only have six PCGS-certified coins. This, after cracking out my G04, 1795 $1, because I didn't like the way it was positioned in the holder. Sometimes, I like to hold raw history in my hands. I have the TrueView and the coin. That's all I wanted, anyway. I have a relative who stacks silver. I enjoy conversations with him.

    Matt Snebold

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    joeykoinsjoeykoins Posts: 14,854 ✭✭✭✭✭
    edited January 30, 2023 12:19PM

    @jackpine20 said:

    @joeykoins said:

    @jackpine20 said:

    .... Edit- oops. Sorry, I misread the OP. Nothing in my collection is a candidate for a flip. I don't buy with that in mind.

    Even bullion?
    Or junk silver even? I constantly flip these.
    Esp. when I win some Silver Eagles, Maple Leafs, low mintaged foriegn cartoonish coins? Or even when I coin roll hunt some half dollar silver!
    ;)

    @joeykoins, I don't own any bullion. I have my Grandfather's 10k HS class ring from 1931 that I would never dream of selling. That is my only gold. I have a small handful of 90% half-dollar silver that my mom paid face value for in the early 1960s. Again, I'll never sell.

    I have sold off all of my absent-minded accumulations of junk, some at a loss, but I don't think of it as a flip if my ownership is years long, and I have no record of what I paid. I have limited means and I only have six PCGS-certified coins. This, after cracking out my G04, 1795 $1, because I didn't like the way it was positioned in the holder. Sometimes, I like to hold raw history in my hands. I have the TrueView and the coin. That's all I wanted, anyway. I have a relative who stacks silver. I enjoy conversations with him.

    Oh? Great going. Keep up your frame of thinking. Very cool, too. This hobby is suppose to be that. Collect or do what YOU like, not what someone does. Congratulations on having your grandfather's ring. Must be a real treasure? Financially, as well as, sentimental. ;)
    Ever see something like this?

    Cool Bullion!



    25 individual grams of Silver. Each one , consecutively serial numbered.
    Also, has a hidden security item when placed under the Black light.
    B)

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
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    jackpine20jackpine20 Posts: 139 ✭✭✭✭

    @joeykoins said:

    @jackpine20 said:

    @joeykoins said:

    @jackpine20 said:

    .... Edit- oops. Sorry, I misread the OP. Nothing in my collection is a candidate for a flip. I don't buy with that in mind.

    Even bullion?
    Or junk silver even? I constantly flip these.
    Esp. when I win some Silver Eagles, Maple Leafs, low mintaged foriegn cartoonish coins? Or even when I coin roll hunt some half dollar silver!
    ;)

    @joeykoins, I don't own any bullion. I have my Grandfather's 10k HS class ring from 1931 that I would never dream of selling. That is my only gold. ….

    Oh? Great going. Keep up your frame of thinking. Very cool, too. This hobby is suppose to be that. Collect or do what YOU like, not what someone does. Congratulations on having your grandfather's ring. Must be a real treasure? Financially, as well as, sentimental. ;)
    Ever see something like this?

    Cool Bullion!



    25 individual grams of Silver. Each one , consecutively serial numbered.
    Also, has a hidden security item when placed under the Black light.
    B)

    @joeykoins Bullion eye candy! I love it! Back at ya! Behold, my Grandfather’s 10k High School ‘31 class ring! San Francisco, Sacred Heart College HS

    Matt Snebold

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    joeykoinsjoeykoins Posts: 14,854 ✭✭✭✭✭

    Wow!
    Beautiful.
    <3

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
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    oih82w8oih82w8 Posts: 11,893 ✭✭✭✭✭

    Just about every coin I have is available for a price. Usually the potential buyer does not want it bad enough to ship it out.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore...
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    daltexdaltex Posts: 3,486 ✭✭✭✭✭

    I have no interest in flipping. I buy coins because I want them, not because they are priced too cheaply. Having said that, I'm in the process of a trade (likely involving cash) of the vast majority of my coins, but it is not how I define a flip.

    It would likely be different if I attempted random cherrypicks or engaged in CRH. Not attempting to disparage anyone's method of collecting, but I have no interest in trying to find minor die varieties that some dealer has overlooked in series (and grades) in which I otherwise have no interest or searching 10,000 quarters looking for a "W".

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    WQuarterFreddieWQuarterFreddie Posts: 2,548 ✭✭✭✭✭

    @daltex said:
    I have no interest in flipping. I buy coins because I want them, not because they are priced too cheaply. Having said that, I'm in the process of a trade (likely involving cash) of the vast majority of my coins, but it is not how I define a flip.

    It would likely be different if I attempted random cherrypicks or engaged in CRH. Not attempting to disparage anyone's method of collecting, but I have no interest in trying to find minor die varieties that some dealer has overlooked in series (and grades) in which I otherwise have no interest or searching 10,000 quarters looking for a "W".

    Did you say W quarters?😴😯🤣😂

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