When are too many coins enough for your coin collection.

YaHa

Well sitting down at the table last night making a few dollars on the Maryland Million horse races and even came home to a few big hits on College football parlays my wife looked at me in discust.

I know you guys don't want to hear about my finances, but the reason everything took place yesterday is more funds came my way. I don't smoke, drink ackyhall or do drugs. So what I leading up to is I stopped by a coin shop on the way home and bought another 5 oz's of Bullion Gold coin.

My wife tells me last night although everything is good with our money hun, what if your health gets worse how do I get rid of all of your GOLD and other coins. I told her I had a guy and it's all in there with my collection. So she says to me but why not put the money in the bank/savings, I told her I can't answer that.

So thanks for reading my rant about pleasures that honed on me yesterday, but fellows when is enough, enough on buying coins for your collection?

Thanks, I will hang up and read your posts without responding. George

ibzman350

he wife asks me the same thing all the time and she says "when you die how am I gonna get rid of all that junk?"

Junk ??


I plan to put contact information of a forum member in the "junk" and hopefully things will work out.

More likely though I'll be getting ride of the junk if my economic situation doesn't improve soon.



Herb

garsmith

Right now Gold isn't failing banks are, keep it where you got it buy more if you can.

golfer72

Where did you get the Bullion? I cant find any.

TwoSides2aCoin

There are never enough.

BlindedByEgo

I don't know what your belief system is, but some people I know who seek answers might pray, and others might meditate.

I believe that the answer to your question will come through discussion and negotiation with your wife.

RYK

I will answer the question in your title, not respond to the OP.

When I got to the SDB and come across valuable coins that I forgot I owned, I know that it is time to scale back. I have had this happen a couple of times in the last several years.

sumdunce

I never hit what I would call "too many".

Also, I need to put in some information in with my coins so whoever pries them from my cold dead hands may have an idea of what to do with them. Although I still love my first suggestion to my wife "Throw them all in a fire and sell the metal as scrap". I do hope she understood that to be tongue-in-cheek!



S

cladking

If too many coins were ever enough they'd come with an expiration date
or be available in limited numbers per customer.

lordmarcovan

<< <i>When I got to the SDB and come across valuable coins that I forgot I owned, I know that it is time to scale back. I have had this happen a couple of times in the last several years. >>

Same here. That's always an indicator. My concept of "valuable" coins is probably laughable next to RYK's (I wish I had some of what he forgot!) Nevertheless, I knew it was time to either scale back or get organized when I discovered stuff like a VG10 1875-S 20c piece that I had forgotten I owned (or more accurately, thought I'd sold several months previously- one doesn't entirely forget one's twenty-cent pieces unless one has way, WAY too many coins.)

doh

<< <i>I don't smoke, drink ackyhall or do drugs >>


I'm all for not smoking and drinking, but, George, please go back on your medication.

TwoSides2aCoin

As long as there is Whitman™, I'll have an empty hole

Dog97

<<<When are too many coins enough for your coin collection>>>
When I look at my collection and instead of giving me that warn fuzzy happy feeling of pleasure & satisfaction my mind feels confuse, cluttered & distracted and feel like throwing it all out the window because it makes no sense.
Just like it is now because I have so many doodads, oddities, unfinished collections and things that caught my attention at the time. Looks like Sanford & Son arraigned my collection.
It's a sickness I tell you.

NHSBaseball

I love it- collection organized by "Sanford and Son"....

DoUPlayOnePocket

I think I might consider it too much if my collection was being transported in an 18-wheeler, and it was stopped at the scales on the interstate for being overweight.

Chris

fc

I think a collection has become to big when you forget what exactly
you own.

I have 5 core coins right now and one lowball coin. The rest is junk
in boxes. I like it that way. Nice and simple. When I add another coin
it will be one I cannot forget.

lordmarcovan

Yep, when you start making "discoveries" and going, "Wow, I don't remember this one," or "Geez, I thought I'd sold this last spring," it's probably time to sell off some stuff.

I'm there.

Now, if I can quit gabbing on the forums and get some of this stuff ready to sell, it'll be grand.

Bear

It does not really matter how many coins

you own. It is always the next coin you

will buy, that is the thrill and excitement

of collecting.

lasvegasteddy

<<<I have 5 core coins right now and one lowball coin. The rest is junk
in boxes. I like it that way. Nice and simple. When I add another coin
it will be one I cannot forget. >>>

dang fc i almost thought someone here too has only 6 coins at this time

my problem is along way from having too many....but there's hope

Walmann

Coins are like friends, you can never have too many.

Although both may cost you more than a bit at times.

Broadstruck

<< <i>I love it- collection organized by "Sanford and Son"....
>>

MillerJW

My wife was even talking about buying gold as a backup for our savings as banks are starting to fail!! But then again a few hundred dollars doesnt buy much gold

droopyd

if you can't easily carry what you have if you need to evacuate your house for whatever reason, you've got too much.

RYK

Based on current events, I am not sure if I have too many, but I certainly have enough.

lcoopie

if you need a database program to keep track of them

krueger

An amazing story!

A collector friend of mine passed away about 10 years ago. The dealer he consigned his collection to, to sell upon his death told me it

contained over 40,000 coins, and many banknotes!! He was buying so much, he had to at times, hire a full time cataloger sitting in his living

room, and this guy was always there when I visited.

There were both U.S. and many many world coins. He traveled all over the world sight seeing and buying coins.

Before his death he told me who the dealer was and that I should go there and buy for my collection.

I was able to aquire all of his U.S. philippine collection which was extensive, and it really improved mine.

He also had a whole room just full of coin books. Oh I forgot to mention his token collection and U.S. pattern collection both of which sold a

at major auctions ( not part of the 40,000+ coins).

Krueger