Poll: Selling older coins to buy modern ones

Neptune

I have acquired a bunch of Morgan Dollars, and I don't really like them. I think they are fugly. I am not interested in collecting this series. I do, however, like a lot of the (EEK!) more modern coins. Example: 'some' of the coins from the RCM/Canada, as well as a few other (YIKES!) darkside designs/silver.

I am trying to decide if it would be wise or stupid to sell all the Morgans and buy what I like to look at instead. Please help me decide if this is foolish or not. <ENTER POLL>. Comments welcome/don't be too hard on me.

Russ

Moderns are expensive pocket change for suckers.

Russ, NCNE

coinfreak499

But the coins that you like sell the coins you don't; no matter what year.

Baley

I'm considering selling all my pre-1816 coins and concentrating on 1987-1999.

RYK

Collect what you enjoy, modern or classic, even bottle caps or peep show tokens. Whatever!

ziggy29

Collect what you enjoy -- that's the bottom line. Just educate yourself about the coins you are interested in, and the market for those coins, before sinking a lot of Benjamins into them.

wam98

Having fun collecting coins by collecting something you like and enjoy would be more important than having something you don't care for anymore, IMHO.

alergar

You are collecting for yourself, so keep the ones you're happy with and get rid of those your not happy with.
Don't listen to people neging moderns, it's your collection not theirs.

Best of luck with what ever you decide to do.

NumisMe

It's really very simple...
If you are collecting for imvestment purposes, then you need to keep the older ones.
But, most of us are collecting for personal enjoyment, so you need to do what makes you happy.
It doesn't matter what you collect, or how many, just as long as you get something out of it.
Have fun and enjoy it.
If you happen to make a little money out of it along the way, Great. If not, at least you had fun doing it.



Don't listen to the likes of Russ.



Edited for spelling

AuldFartte

<< <i>I'm considering selling all my pre-1816 coins and concentrating on 1987-1999. >>

cladking

Collect what you enjoy. If you think Morgans have a good chance for increases then you might
want to save them anyway for "investment". I believe that the increases in the last few years in
moderns will continue, but that doesn't make them a good investment. Only time will tell.

MadMonk

Collect what you enjoy, but be wise.
I see moderns that are too pricey.
If you ever expect to get fair money back the possibility for disappointment risk is higher IMHO.

Neptune

Moderns are expensive pocket change for suckers.

Russ, you don't have to be so nice about it.

Didn't you notice that I put in a sentence for you...........

Comments welcome/don't be too hard on me

goose3

if you are wanting to collect more modern coins and not numbers on plastic, then sell them and collect what you like.

BAJJERFAN

Based on wuts bin sed hear 3 schmillion 9 hunnert n atey too tousand tree hunnert n fore tee nein times already buy wut you like and sell wut you don't like. You are obviously concerned with the value appreciation of the Morgans versus the moderns and this is causing you smoe angst. You didn't say if you put any money into this Morgan ackwizishun so its hard to say wut to do for sure. I voted the middle wun.

michael

collect what YOU like with money you can afford to lose or with discretionary income


michael

ER

The only "modern crap" I like are the commems ( except for the Olympics and that Shriver )

Gemini

Hmmm... I have a different train of thought. I am thinking of selling my old coins to buy even older coins...

LeeG

The pleasure coin collecting brings is from gazing in wonder at the coins "You" enjoy! If you don't collect what you enojoy, where's the pleasure? Lee

jdimmick

I am actually doing the opposite, selling off key dates like 32-d's washington's, 93-s morgan's etc, and going back into earlier coinage like seated, Bust etc.. Just started this week at the FUN show.

jim

airplanenut

While I personally wouldn't do that, I'm not you, and your collection is about YOU and your likes. Go ahead and sell them--the hobby's most fun when you like what you have.

Jeremy

PS- Just give the board members first dibs

coynclecter

There are a lot of attractive moderns that don't cost a whole lot. You don't need to spend moon money for top pops. You probably don't even need to sell the oldies to buy a lot of nice inexpensive moderns.

I for one would not look at the moderns to provide a big appreciation. History shows it takes at least 30-40 years before most coins start on a true(non_dealer manufactured) upward trend.

greymars

Let me know what you have in case you are selling Morgans

zzzz

IchBIN mit Russ einverstanden. Warum zahlen Sie grosse Dollars für eine obere Bevölkerung von 10 Münzen, wenn 3 Monate später it's eine obere Bevölkerung von 80 hat?

Il blasphemy di It's nel mio parere a seel più vecchio più experiencenced le monete per la roba di rifiuto moderna.






Of course, as always, this is IMHO ...