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Why I'm selling 95% of my collection - Details Update in OP

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  • hchcoinhchcoin Posts: 4,829 ✭✭✭✭✭

    It's been fun watching you collect and post from afar. Although I don't post much anymore, it is people like you that make this hobby great. I helped a family liquidate a typical life time collection after the collector had passed and Bryce was kind enough to purchase a group of circulated peace dollars in a blue whitman album to help out after I posted about it. Great guy. Good luck in the future. Take it from me, this is a hard hobby to completely walk away from. It is like your hometown, you may have wanted to leave at one point but you can always return and it just feels like home.

  • CryptoCrypto Posts: 3,737 ✭✭✭✭✭

    May you have smooth winds at your back

  • FlyingAlFlyingAl Posts: 3,454 ✭✭✭✭✭

    Bryce, I'd be willing to read a post three times as long as the one you wrote if it contained the same excellent knowledge. I hope you keep posting here for the benefit of all of us, but I hope this new turn in your life holds new frontiers for you. There comes a time for all of us to step back, and it takes a lot of knowledge and awareness to know when that time is.

    Best of luck to you!

    Coin Photographer.

  • AUandAGAUandAG Posts: 24,801 ✭✭✭✭✭

    Loved your posts and it was great to interact with you on coins and other stuff. Stick around, at least Lurk.
    I never regretted selling off my core collection but still do dabble on widgets I enjoy.
    Be well, stay safe,
    bob :)
    PS: I agree with the family comment.

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • lkeneficlkenefic Posts: 8,169 ✭✭✭✭✭

    Best of luck to you! Please consider hanging around on this Forum. I look forward to reading your posts... lots of insight brought about through years of experience!

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    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.
  • BAJJERFANBAJJERFAN Posts: 31,134 ✭✭✭✭✭

    Amazing how easy it is to let go if you want to. The best thing about having them is that there is always someone who wants the coins as much or more than you did.

    A man has to do what man wants to do.

    theknowitalltroll;
  • Pnies20Pnies20 Posts: 2,377 ✭✭✭✭✭
    edited July 8, 2023 11:25AM

    @BryceM said:
    Really nice and thoughtful comments everyone. I plan on checking in here quite frequently, and, as I said, there’s an excellent chance I’ll be back in the hobby at some point with great gusto.

    I’ll post the ones I’m keeping later today when I get home.

    Cool. Was just wondering what made the cut for your keepers.

    I’m going to guess one is your Gettysburg commem!

    BHNC #248 … 130 and counting.

  • WalkerfanWalkerfan Posts: 9,457 ✭✭✭✭✭
    edited July 8, 2023 11:37AM

    Interesting and thought-provoking post. I read every word.

    I've enjoyed interacting with you, as well as, your contributions here.

    You must do you.

    I wish you luck and hope to see you involved, at some level, down the road.

    I, too, am involved in other hobbies, but contrarily, Numismatics seems like a safer bet to me, so I have been spending more of my resources (time, energy, etc.) on it, lately.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • MidLifeCrisisMidLifeCrisis Posts: 10,547 ✭✭✭✭✭

    @BryceM said:
    Ready for a long read?

    Nice post...worth the time it took to read it.

    I've built and then sold two collections in recent years. Working on a new and different collection now. Sometimes, other aspects of our life require our attention and resources. Like many here (most?), my involvement in this hobby increases and decreases and changes over time. I think that's healthy.

    All the best to you in whatever your future holds.

  • Jzyskowski1Jzyskowski1 Posts: 6,650 ✭✭✭✭✭

    Well buddy
    That’s a heck of a post. Thanks. I sometimes think of cashing out but then I remember I’m still young to collecting. I’ve got to attend my first coin show. Start selling on eBay. There’s much more to do but I hope I have the clarity and composure of your post.
    Good luck

    🎶 shout shout, let it all out 🎶

  • morgandollar1878morgandollar1878 Posts: 4,006 ✭✭✭✭✭

    That was a great post. Part of life is about changing priorities and you must do what you need to and what you feel is right. As much as you enjoy this hobby I'm sure you will be back into it when the time is right.

    Instagram: nomad_numismatics
  • bidaskbidask Posts: 14,017 ✭✭✭✭✭

    @MrEureka said:
    Excellent post. Clarity of purpose is a beautiful thing, but it’s not always easy to get there. Only took me about 60 years. Lol.

    60 years to think or do what ?

    Me thinks of Eric Newman and Clyde Hubbard .

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • ProofCollectionProofCollection Posts: 6,411 ✭✭✭✭✭

    @BryceM said:
    Here's the first coin I ever purchased, at the time of issue:

    That is true for sure.

    I invite all collectors to take an honest look at the finances behind collecting. Even when I've made "a bunch o' money" selling, the actual yearly return on investment lags considerably behind almost every traditional investment class. The difference represents the "rent" you pay to own and enjoy these coins. To this point I've been perfectly satisfied, but the balance has shifted. Time to act.

    You are definitely correct about the past few decades. However, I do believe that all asset classes have their cycles and I do think "the time is coming" for rare coins again.

    In fact, I do have a working theory that if the new CBDC (central bank digital currency) comes out and the worst fears about it come true (that they government uses it to limit or control our purchases of certain items), that a serious black market will emerge in which case people use junk silver to transact outside of "the system" and this serves to reignite the industry of rare coins. Maybe I am crazy.

  • kazkaz Posts: 9,210 ✭✭✭✭✭

    I've always enjoyed reading your posts, which are logical, insightful, and carefully composed. I hope you will continue to contribute to the forum. I'm sure the sale of your collection will "meet or exceed" expectations! Best wishes for all your future endeavors, whatever they may be.

  • ThreeCentSilverFLThreeCentSilverFL Posts: 1,694 ✭✭✭✭✭

    The Chase IS Fun. Enjoyed all of your posts. Thanks!

  • OnastoneOnastone Posts: 4,019 ✭✭✭✭✭

    I don't like posts that warn of a "long read", but this wasn't unbearably long, and unanimously well received. You are a respected member here, hope you don't disappear completely and wind up on that "Who's Missing" thread!

    So, what's for sale and where are you selling? Any wonderful Peace dollars left or are those already gone? :)

  • 124Spider124Spider Posts: 966 ✭✭✭✭✭

    Terrific post!

    What particularly resonated with me was your exhortation to collect what you want, rather than what you think you should collect; I'm having far more fun with my box of 20 than I ever did collecting series.

  • marcmoishmarcmoish Posts: 6,315 ✭✭✭✭✭

    What a great thought provoking post.

    I'd rate it a 10, likely one of the finest written ones for the year.

    I'll second what @kaz wrote, it's exactly what I would want to say!

    I've always enjoyed reading your posts, which are logical, insightful, and carefully composed. I hope you will continue to contribute to the forum. I'm sure the sale of your collection will "meet or exceed" expectations! Best wishes for all your future endeavors, whatever they may be.

  • Thank you for the thoughtful post. I am on the opposite end of the spectrum where I’m slowly ramping up more and more time and money in the hobby.

    Looking forward to seeing what you plan to keep! I’m mostly focused on my type sets and from your posts it seems you were also focused on type sets so will be interesting to see what you keep.

  • NysotoNysoto Posts: 3,818 ✭✭✭✭✭

    Good analysis for reasons to sell. I might sell some in a few years - could get down to a box of 100.

    Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
  • breakdownbreakdown Posts: 2,192 ✭✭✭✭✭

    I think the most important thing is that you have given an important decision due consideration and decided on a rational course. A collector's personality traits can get in the way of doing things in a rational way.

    I have sold 90 percent of my collection twice but I keep coming back and then I start collecting something else.

    "Look up, old boy, and see what you get." -William Bonney.

  • IkesTIkesT Posts: 3,345 ✭✭✭✭✭

    @BryceM said:
    I will probably sell this one, but I hesitate slightly. It's just a gosh-darn honest example of lightly successful gold from a minor branch mint:

    image

    If it's even lightly successful, you should probably keep it. ;)

  • FlyingAlFlyingAl Posts: 3,454 ✭✭✭✭✭
    edited July 9, 2023 5:57AM

    Gorgeous array there @BryceM. The two commems are just stunning, and I'd be surprised if they graded anything lower than 67 today.

    Coin Photographer.

  • toyz4geotoyz4geo Posts: 1,484 ✭✭✭✭✭

    @BryceM said:

    I am on the fence about this one, because SLQs just don't come like this. Probably I will sell it, and let someone else enjoy it, and possibly get it into a higher-graded holder:

    image

    I remember this one. I remember it on the BST then it was gone (if my memory is still working). I was fortunate enough to purchase the 1917 P type 1 MS66FH it replaced.

  • Pnies20Pnies20 Posts: 2,377 ✭✭✭✭✭

    Man. That Gettysburg commem is just 🤌🏼

    So is the 1869 dollar.

    BHNC #248 … 130 and counting.

  • braddickbraddick Posts: 24,180 ✭✭✭✭✭

    Even his clad Ike is mesmerizing.

    peacockcoins

  • nwcoastnwcoast Posts: 2,880 ✭✭✭✭✭

    Wow Bryce.
    I was going to ask what that 5% you were keeping was comprised of!
    Great choices! And, of course- the ANCIENTS! I suspected that you wouldn’t be parting with those.
    As usual, your writing and reasoning are well thought out, insightful and brilliantly expressed.
    I’ve always valued your viewpoints and considered them, like your choice of coins-top tier and way up there!
    Thank you for sharing your wisdom and lessons all along the way.
    Please don’t be a stranger here..

    Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014

  • RobertScotLoverRobertScotLover Posts: 974 ✭✭✭✭✭

    Gorgeous keepers, that is for certain.

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    All are lovely, and I like how all were hand picked for quality.

    You referenced third party grading changes that you weren’t very keen on. Are you referring to the introduction of CACG?

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    P.S. Was the Gettysburg a CRO coin? It looks familiar.

  • The_Dinosaur_ManThe_Dinosaur_Man Posts: 997 ✭✭✭✭✭

    This is one of my favorite posts ever. All of it well said.

    Custom album maker and numismatic photographer.
    Need a personalized album made? Design it on the website below and I'll build it for you.
    https://www.donahuenumismatics.com/.

  • WCCWCC Posts: 2,635 ✭✭✭✭✭

    "the opportunity cost of owning these things has just gotten too high for my comfort."

    I don't collect at the same financial level, but this is one of the primary reasons I don't and won't buy coins I was interested in previously, even where i can afford it. Too many coins are too expensive for what it is as a collectible, and I don't buy coins for financial reasons either.

  • skier07skier07 Posts: 4,062 ✭✭✭✭✭

    @BillJones said:
    Great post!

    I am sorry to see that you will probably diminish your role here, but I understand that for you, it’s time to move on to other hobbies.

    The one area where you and I differ is in the acquisition verses “having” areas. When I was a dealer, and looking to flip the inventory, the buying part was fun. As a collector, it isn’t. Going to major shows and working the bourse is fun, but major auctions are not. They are work toward a goal. If I could buy everything via private treaty, I would do it. I have gotten quite good at interpreting auction photos, but it’s not perfect.

    As the “having” part, for me that is far better than buying. The reason is I am always studying and writing about what I have. I now have six binders and counting that cover my collections. I have written and compiled them for Imperial Roman coinage, British kings and 19th century presidential campaign tokens. I have yet to compile one for my U.S. coins, so I have a lot more to do. I am also always tinkering with exhibits, and the binders are always changing. It’s like having a full time job in retirement.

    The having part is not a ton of fun when you live in a metropolitan area and your collection is in a SDB and you hardly ever see your coins.

  • OAKSTAROAKSTAR Posts: 7,724 ✭✭✭✭✭

    Wow!! This has gotta be some kind of record around here! Nuff said! 👍🏻 👍🏻

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • ProofmorganProofmorgan Posts: 762 ✭✭✭✭✭

    Well said and definitely wish you the best with your new shift in priorities. Looking forward to still seeing you around here and also look forward to the day you reignite your collecting.

    Thanks again for reuniting me with an old friend.

    Collector of Original Early Gold with beginnings in Proof Morgan collecting.
  • DCWDCW Posts: 7,464 ✭✭✭✭✭

    Sorry to see you selling, but I can certainly understand your point of view. From the looks of what you're keeping, you will still have a substantial collection, though. Just scaling down, which is healthy in all aspects of life.
    The Gettysburg commemorative, as others have noted, is a standout piece. I think you will be glad you paid up for that one. Not only is it very eye appealing, but it is a memorable acquisition that will be easy to sell. Even here on the forums if offered.
    Good luck, Bryce!

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • WiscKauWiscKau Posts: 185 ✭✭✭✭

    SUPER Post!!

    I'm a bidder once you let us know where your selling your collection!!!!!!!

    :)

  • coinkatcoinkat Posts: 23,399 ✭✭✭✭✭

    Excellent post- not all coins in an OMG state of preservation bust the budget. While I admire and respect your choices, there is so much to be seen and appreciated at a far less cost of acquiring and the ownership costs over time will simply not be what it is for what has been posted. You might consider artistic and historic merit in both US and World coins and medals. You just might be surprised at what exists and what really makes a statement as to what matters.

    Best of luck in your future endeavors.

    Experience the World through Numismatics...it's more than you can imagine.

  • coinkatcoinkat Posts: 23,399 ✭✭✭✭✭

    Just an image to document what exists- Sweden at a different point in World History

    Experience the World through Numismatics...it's more than you can imagine.

  • Aspie_RoccoAspie_Rocco Posts: 3,259 ✭✭✭✭✭

    This is a magnificent and eloquent post/thread and it has been added to the forum resource thread. You are a cherished and appreciated member @BryceM

  • fluffy155fluffy155 Posts: 268 ✭✭✭✭✭

    I'd buy that clashed 1795 in a heartbeat, what a neat piece. I've never seen a clash on a flowing hair that clear before.

  • 1630Boston1630Boston Posts: 13,917 ✭✭✭✭✭

    Congrats on your decision.
    .
    I'm sure this could keep you interested for years to come.
    boston
    .

    @BryceM said:

    • It is enormously possible that I'll jump in with both feet again at some future time. I'm probably done with type collecting and collecting by series, but a really meaningful "box of 20" sort of project could be fun.

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • percybpercyb Posts: 3,328 ✭✭✭✭

    Nice collection!

    "Poets are the unacknowledged legislators of the world." PBShelley
  • bagofnickelsbagofnickels Posts: 349 ✭✭✭✭

    @BryceM always enjoy your posts. What gorgeous coins you have, especially those you are keeping. Thank you for sharing all of this with us.

  • crazyhounddogcrazyhounddog Posts: 13,997 ✭✭✭✭✭

    Very well written and I applaud your decision. I’m right there with you. I think it’s time to take a long break from the hobby and sell most of my collection.
    Great post,
    CHD

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • NeophyteNumismatistNeophyteNumismatist Posts: 1,078 ✭✭✭✭✭

    @BryceM - Your OP has so many great points to contemplate, and your perspective is amazing. Thanks for making me stop to think, and I wish you all the best in your next adventure.

    I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.

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