Ever sold off everything and started over?

nwcs

Just curious.

LucyBop

yeah......

cosmos66

I am thinking about it right now. I have been collecting morgans which are prohibitively expensive. I am tempted to try something cheaper.

jonesy

I'm thinking about it right now also. I should have obtained the tougher dates first!!

MrEureka

Yes, but it wasn't exactly my idea.

darktone

Right now I am in the process of selling all my less expensive coins and concentrating on better ones. I think I will have sold 75% of my collection by the time I am done. mike

foodude

Not everything, but large portions (e.g., 75% or so) a couple of times or so over the last 30+ years.

oldcameoproofsguy

Yes, I have... Twice.

greghansen

Trying to. I'm selling everything I have under $500. I'm moving towards being a subscriber to the 'Box of 20' rule. I'm going to have to ease my way into it though. I'll start by being a 'Box of 50' guy and see if I can work down from there.

jonesy

I'm thinking of a one coin, coin collection. Mabe a mint state early eagle??

ColonialCoinUnion

I'm working my way down from 125 coins to 50 or so, by dumping most everything that is easily replaceable, not that exciting, unlikely to dramatically appreciate, or just otherwise not some place I'd like to park my money.

Boy, I wish I'd started with that mentality.

goose3

I've been thinking about selling ALL of my coins , which are mostly true KEY date coins, and buying one or 2 real expensive ones.

mgoodm3

I could probably go down to 200 coins. I have too much of an emotional tie to sell some of my coins. Many were givin to me by my Grandmother and I would never part with those.

lordmarcovan

At least two or three times.

There were three coins I kept through thick and thin, for sentimental reasons, and will always keep, until I pass them down (actually, I already have passed one on to a nephew, so that just leaves the other two). Other than that, coins come and coins go.

Baley

I sold 90% of my coins in 1979 and early 1980, used the money a couple of years later to upgrade from a bicycle to a Camaro.

Will probably sell 50% of my collection once we have children to help upgrade from a condo to a house with a garage and yard.

jdimmick

I have done it before more than once. First when I was younger, I assembled a very nice VF/XF set of Indian head's (minus only the 77 and of course the 56FE) and set of Lincolns (minus th 09-s vdb) in similar grades. But I was approaching High school and sold the collection to buy a car stereo and other junk.

During this time, I had gotten out of coins for several years. Around the end of 1997, I was offered the chance to pick up another set of Indan heads, and after looking at the set, I realized that I had been missing what I used to really enjoy. ( Now being settled down, I decided to get back into it again. However, when I first collected in the early 80's Slabs were not herd of, and you purchased raw coins. The only certified coins I remember were the old AANAB / ANACS paper certificates for the better key coins mainly for authenticity purposes.

At first, not knowing the different slab company's and only being familiar with the ANACS name, I purchased a lot of ANACS graded coins. I chose to collect key-dates, because I never could afford these when I was younger. I remember saving all year just to buy the 1909-s Indian in xF-40 which was 118.00 at the time. I started picking up key dates in the various series. I would select the best grade I could afford. It got a little boring, because I could only get a few coins at a time becuase they were so darn expensive. And when I found an upgrade, it would eat me up selling back to a dealer to re-purchase the higher grade(that was before I became a member of Ebay)

About 5 years ago, I wanted to try something different, so I swithced over to type coins and was working on a 19th/20th century type set. I set up at a local show and sold every key-date coin I had in the first two hours. Then used the money to buy some type pieces, but later found out the hard way buying raw pieces takes experience.

So much for that, took a beaten on the type and went back to Key-dates, this time I was a lot more knowledgeable on grading and coins in general from looking at thousands of coins and spending a tremendous amount of time reading everything I could find, learning from others and going to shows, etc.

Now I purchase key-dates and really enjoy them. My collection is 100% PCGS which is my grading service of choice.

Lately, I have been trimming down my collection as others have said, selling off some of the stuff that is routinely available on any given day especially since the market is so hot!!! Like to get the most money while prices are strong in order to buy a few other pieces that I have been wanting. Can always go back an replace the ones that I sold, possibly even cheaper down the road. I am in the process of getting down to one PCGS box full of top knotch goodies, best of the best for my budget sort of speak. ex: Like my 01-s Barber .25, 1877 Indian , 16 SLQ, new 93-s $ upgrade??, etc.

jim

Shamika

NEVER!!!!!!!!!!

NHLfightguy

Yep...

barberlover

When I was young I would buy & sell based on inexperience and changing tastes, when I did it recently in 89 I sold everything to pay for my wedding & furniture. This year I sold off more then half my collection because financial circumstances dictated I do so. I am encouraged that every time recently I have sold coins, people have snapped them up and even gotton into bidding wars over them.

Les

callawayc7

Yup! I did it once in 1997. No reason why either, I just lost interest. Just got back into coins less than year ago again. I didn't have any "monster" coin but two coins I really regretted selling was a 1995-W SAE and a 1937 Buffalo Nickel Pr-67. Both coins now would cost easy 2-3 times what i sold it for then.

Fairlaneman

Yep in 88. Lost job and interest.

It might happen again is I am out of work again. Will try to keep all coins from 1916 thru 1931 but we will see.

Ken

Loki

Well I'm not selling off everything, but I am selling off a few things and picking up some old currency. Currency is cool! No collection should be without a few neat examples of old currency.

Skipper53

I've only been collecting for three years and my collection is just starting
to look organized.
I'll probably sell most of the coins which were my early mistakes.

Can't see selling everything unless I either lose interest or need cash fast.

Merc

I would never sell off everything. I've sold off a few things like circulated Morgans as I upgraded. Then I've sold off my high grade Franklins because I found the series boring. Then I used the money to buy better and rarer coins.

Dave99B

Heavens no!

Dave

AmericanSilverEagleCoins

Never sold a single coin in 25 years

flaminio

Yes, if by "sold off everything" you mean "had entire collection stolen by brother and sold for drugs". It took me twenty years to start back up again.

hoardmonster

I never was an educated collector at all until recently. Well I'm becoming a more educated collector anyway. But I always collected coins in one form or another. Several times I took my coins in to the local coin shops so that I could pay rent or at least eat. Usually I got about enough for one meal too.

1957joe

I sold ALMOST everything a couple of times. I don't think I could ever do it again. I will sell some things but most of what I have now will be passed on to my kids or to a young collector who shows a real interest in them.