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Collectors: who collects and intends to never sell or otherwise dispose of a single coin in your col

SanctionIISanctionII Posts: 12,563 ✭✭✭✭✭
I am sure there are some persons who collect and never get rid of any of their coins.

I have traded and sold some items in my collection, but still have the bulk of my acquistions. Eventually I will dispose of more and use the money for other things................., or maybe just use it to buy nicer coins.

For those collectors who do regularly dispose of coins in your collection, how long did you collect (months, years, decades) before you finally started to dispose of coins in your collection?; and what was it that caused you to start disposing of some of your coins?

Comments

  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    I don't sell many of my coins, but when I do it's one of two cases:

    * Upgrades, whether by type or by date/mint;

    * Coins I think are fairly easily replaceable during periods of time when I need to raise some money, either for other coins or other reasons.

    Other than those two situations I don't sell my coins.
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    i'll sell things to make room for something new
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • OKbustchaserOKbustchaser Posts: 5,546 ✭✭✭✭✭
    I have never sold a coin; I never intend to in the future. I have, however, traded dupes to other collectors. I simply don't understand "collectors" who are continually churning their collection. If you didn't want the coin why buy it in the first place?
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    What I consider to be my permanent type set collection, I never sell a coin until an upgrade has been secured. The final "keeper" set I will enjoy until the end of my days, but to retain every single coin even when better ones have been located would be silly, for I would have many duplicates, and still no coin for many tougher types.

    Liberty: Parent of Science & Industry

  • PerryHallPerryHall Posts: 46,800 ✭✭✭✭✭
    Selling to a dealer at wholesale to raise money to buy at retail is counterproductive. If you buy a coin, make sure you want it, you like it, and you want to keep it.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • lkrarecoinslkrarecoins Posts: 2,137 ✭✭✭
    My original collection with my Dad, never....The fate of those will be determined by my daughter.

    Anything aquired after that I have no real attachment to, and will give away, trade, or sell.
    In Loving Memory of my Dad......My best friend, My inspiration, and My Coin Collecting Partner

    "La Vostra Nonna Ha Faccia Del Fungo"




  • It is painful for me to sell anything, even junk silver that I find from time to time. But sometimes, to my dismay, economic reality requires disposal of some of my holdings.

    Recently,I read an article in Parade magazine titled 'Are You A Packrat?' which according to psychologist Randy Frost of Smith College, hoarders "feel a heightened sense of responsibility for making sure an object's potential isn't wasted. They become attached to it, as if it were part of their identity." I think I suffer from this affliction.
    Enjoy each day as though it was your last.
  • LanLordLanLord Posts: 11,723 ✭✭✭✭✭
    I have collected since the late 60s, I have sold probably fewer than 10 coins total since I started back then. I would say I still own 99. percent of the coins I have purchased with the intent to collect. Actually if you exclude the coins that my idiot older brother stole and sold for drug money, it would be more like 99.999%.

    I never want to sell unless there is a severe reason, illness, kidnap, something like that.

  • LeianaLeiana Posts: 4,349
    I get very attached to my coins. They are my friends.

    -Amanda
    image

    I'm a YN working on a type set!

    My Buffalo Nickel Website Home of the Quirky Buffaloes Collection!

    Proud member of the CUFYNA
  • rdunnitrdunnit Posts: 340 ✭✭
    I used to not sell any of my coins but finances have forced me to sell some things now and in the past. There are coins that I will never sell no matter what the circumstances. Coins that are not worth much as far as intrinsic or collector value, but are priceless to me because of who gave them to me.
  • 291fifth291fifth Posts: 24,670 ✭✭✭✭✭
    I know a collector of foreign type coins who has been collecting since 1964 and now has about 4600 different types. So far as I know he has never sold any of the coins from his main collection (though he has sold duplicates.) I doubt if he will ever sell the collection.
    All glory is fleeting.

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