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Just how desireable are your coins?
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January 1 is an excellent day to sit down and evaluate your coin holdings. What coins have real potential for the future? Why do they have that potential? Which coins are nice but are going nowhere? Why? Which coins should be sold-off as soon as possible because you should never have bought them in the first place?
Once you raise some money thru the sales just what are you going to do with it?
Perhaps it's time to think about the "box of 20"?
Once you raise some money thru the sales just what are you going to do with it?
Perhaps it's time to think about the "box of 20"?
All glory is fleeting.
0
Comments
8% - filling the hole but looking for an upgrade.
2% - What was I thinking??
We'll use our hands and hearts and if we must we'll use our heads.
As an investment? Hardly any. But I like them.
Perhaps it's time to think about the "box of 20"?
NEVER. Of my two "serious" collections, one will probably need to contain over 3000 coins by the time it's "finished". The other will contain over 100 coins. IMHO, the "box of 20" only makes sense as a marketing gimmick.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Please stay away from Tree related coins, medals and tokens. Thank you very much.
We'll use our hands and hearts and if we must we'll use our heads.
I already got rid of the others that didnt meet this criteria
Finally made it into a box of 20 (I call the keepers)
jim d
I also have a few that I call my tradin material, keep a few on hand just to trade/buy and sell for fun. Stuff like 09-s vdb in xf, 1886 lib nickel in Vf, 21-d merc in fine. 1898-o Morgan in 65, stuff like that . Most of the people I trade around with locally are looking for 10.00-500.00 material.
1. Type collector - bought by slab grade and less concerned with super eye appeal. I kept stuff I should have returned.
2. Started buying high eye appeal coins that were not part of my type set
3. Now a highly critical type collector who returns about 75% of what I buy sight unseen.
I've sold of the stuff that is really lame and drives me crazy. I've got some type set fillers that will someday upgrade (for example, my Peace and Morgan Dollars are MS64), but overall I'm happy with 80% of my collection. I only buy 10-20 type coins per year, so I can afford to hand pick only coins that meet my criteria. Fortunately, as a type collector, I don't feel the burning desire to fill a date with a coin that may not be desirable.
NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.
Type collector since 1981
Current focus 1855 date type set
<< <i>Maybe we should all put our coins up for sale on the BS&T board and see what kind of interest they generate and then go from there. >>
A few of mine may be popping up in the coming weeks...need to get a few good scans...
I used it to help pay for a new car.
I've gone through all the corrections you mentioned. I chased the value coins, the coins that will go up in value, and all that stuff. And in the end, I wasn't enjoying coins as much anymore. All I could see was dollar signs.
Now, though, my collection is being purged of all but a few higher value coins. I'll have about a dozen or two of nicer $50+ coins but the rest will be <$10 each. All raw unless I find a way to make a quick profit through a cherry pick and slab. And I'm enjoying this a lot more!
It's one thing to know "collect what you enjoy." It's another thing to discover what it is that you actually do enjoy. And I'm happy with my niche and happy not to speculate or compete against anyone.
Experience the World through Numismatics...it's more than you can imagine.
-My holdings consist of 40% kinda cool coins; 40% cool coins, and 40% Cool Coins!
peacockcoins
rainbowroosie April 1, 2003
I got my Lincolns in an auction. I'm about to find out...
Here's a warning parable for coin collectors...
To me it's a question more geared to a stock portfolio. I realize that many here are investors as well as collectors and I am not drawing judgment on that.
I am enjoying numismatics not having to be concerned about the ups and downs of the market, or what may or may not be in vogue this year.
Clankeye
Consists of:
1881 2.5$ PCGS AU55- just cracked it out...
1890 2.5$ PCGS XF45
1895 2.5$ NGC PF 65 Ultra Cameo
1805 5$ PCGS AU53
1811 5$ PCGS VF35- just cracked this one out too...
1813 5$ PCGS AU50
1837 5$ PCGS AU53
1803 10$ PCGS AU53
About 15 Original F-XF Barber Halves
About 5 Original G-XF Seated O mint halves
My central coast collection of National Bank notes:
Pacific Grove AU Small size Type 2
Monterey VF Small size Type 1
Salinas XF Small size Type 1
Some various Federal Reserve Bank notes and Federal Reserve notes...
I dont think that I have one coin/note that I dont truly enjoy or wouldnt put up against someone elses for eye appeal...
I think that I have finally learned what it is to be picky...and am happy about it..
Vr.,
John
siliconvalleycoins.com
To me it's a question more geared to a stock portfolio. I realize that many here are investors as well as collectors and I am not drawing judgment on that.
I am enjoying numismatics not having to be concerned about the ups and downs of the market, or what may or may not be in vogue this year.
Clankeye
ditto.
Liberty: Parent of Science & Industry
BTW all of the coins in the secondary collection are Cool. Whats the Deal with that ?
Ken
#1's ("lucky to have"): 7
#2's ("good, solid coins; would buy again today"): 17
#3's ("okay coins, would not buy today"): 6
#4's ("sell, ASAP"): 2
<< <i>Looking at, or thinking about my coins the way this question is phrased just doesn't really apply to my participation in the hobby anymore.
To me it's a question more geared to a stock portfolio. I realize that many here are investors as well as collectors and I am not drawing judgment on that.
I am enjoying numismatics not having to be concerned about the ups and downs of the market, or what may or may not be in vogue this year.
Clankeye
ditto.
ditto ditto.