Isn't it funny how life changes can turn your coins into little piles of cash just waiting to be use

TheLiberator

I thought I needed some cold hard cash on hand recently and it is amazing how my proof merc started to look like 700 bucks to fill my need! I actually had the money elsewhere but it started me thinking about that and I thought it interesting. Has anyone else ever had this feeling or experience? What about those of you that have HAD to sell? What was it like?

Longacre

Fortunately I have never had to sell anything, but I do find it enjoyable to trade/sell my lesser expensive stuff.

RYK

Yes, coins that were solid components of my collection have become trade-bait when a more expensive and more interesting coin is on the radar screen. Fortunately, I have not (yet) had to sell a coin for a real life financial need.

jdsinva

I had one instance back in 1992 when I had graduated from college and was suppose to start work at a company in the middle of the month. I tendered my resignation at my then current job to coincide with the start of my new job. As it turned out, the people from the new job called me a few days before I was suppose to start and asked that I start at the end of the month. Needless to say, that BU 1909-S VDB of mine gave me the extra cash to carry me through my unexpected unemployment.

ccrdragon

Just sold off my clad roosies to support a change in collecting tastes...

291fifth

In the final analysis, cash is always king.

Goober

I do look at it in that fashion, but usually along the lines...."If I had no job tomorrow, where would I come up with my mortgage." It would kill me to sell, but I could do it to survive.

sumdunce

I had sold some of my PCGS registry mint sets (look at the second finest 1954 to see one of the original sets and then the top 1954 set I built later as a replacement) to get an old 392 Hemi rebuilt.

I hated parting with the coins but really wanted the Hemi for my 1933 Dodge.


Edited to add mint set rankings.

EJB

Never sold any coins, swaped a lot of them though, good deal sometimes, and sometimes not so good a deal. If I had to sell, shure I would but I'd probably start a new collection, Maybe....

braddick

Shortly after graduating from BYU back in the early 80's I took a job offer back east. While there I was re-aquainted with coin collecting. I built, within a period of a couple of years, a neat partial type set starting out with a VG Chain cent and moving forward.

Jump ahead to the mid-eighties and I move to Southern California with my new wife. We needed to come up with 16K (unheard of now!) for a downpayment on a home and sure enough, most of my collection was first to go.

What was cool was the local Dealer, after the house deal was done, allowed me to buy back some of the coins I had sold him (at 10% over my selling price to him) when it was discovered we had been originally a bit overly cautious and had some left over funds after the close of escrow. Those coins began a new budding interest in long term collecting, but I'll always be grateful for that first mini-collection that allowed us to buy a home.

beartracks42

I am in the middle of selling off my Morgans. I am using the funds to improve other interests in the coin market. I am keeping my CC's and the 1878's. It has not been as traumatic as I expected.

KurtHorn

I know what you are going through. Years ago I just had to own a new Suzuki Intruder 800 motorcycle. Sold my silver dollar collection and bought it. Broke my heart haven't been able to bring myself to collect dollars since. Now dollars I come across, I sell.

Good stuff,... now I keep it put in my safe deposit box where it's not so easy to access.

FrankHKP7

You're right on the money Liberator. I'm currently eying up a new Omega watch. My coins and trains are starting to look like thousand dollar bills!!

Frank

ibzman350

Haven't sold anything yet, andj ust thinking about selling my "stuff" gives me the jidders, you see I like to accumulate.

Did my first trade yesterday, traded some lower mint state PCGS coins for one higher MS as an upgrade.

the trading thing didn't hurt at all

Herb

Stuart

I enjoy trading coins that are no longer core to my collecting interests, to use the monetized cash to add coins that I would like to have to expand my Morgan Dollar Registry Sets which are my current collecting focus.

As my collecting interests eveolve and change over time, I find it enjoyable to trade up for new coins, as opposed to always paying cash for them. Here are 2 1881-CC's (PCGS MS-64 PL and MS-63 Toned) which are recent examplesof a pretty coins that I was able to trade for at a local coin show.

JrGMan2004

<< <i>Yes, coins that were solid components of my collection have become trade-bait when a more expensive and more interesting coin is on the radar screen. Fortunately, I have not (yet) had to sell a coin for a real life financial need. >>

I'm kinda the same way... I have two collections... my "Core Collection" which is pretty much coins to stay with me for a good amount of time unless someone offers me some obscene amount! Then, there's my "Fringe Collection" which are coins that I buy more on impulse, but that I like... they tend to stay with me for a little while, and I enjoy them while I have them But, unless I absolutely fall in love and it's moved to the 'Core Collection', it's always considered trade for something new and more interesting

ClausUrch

The trick is not to get to the point where you must sell. More times than not, when you need to sell your coins, you end up taking a beating.

LeeG

Needed money to remodel my house in preparation for sale. Coins had to go. I didn't have anything great or too expensive but didn't want to part with them but a man's got to do what a man's got to do so they went Bye Bye. Now I've got an even better collection going so things turned out well

nwcs

Yeah, right now 50 slabs are looking like a big part of a new heat pump for my house...