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What prompts you to buy or sell a coin ?

TwoSides2aCoinTwoSides2aCoin Posts: 44,697 ✭✭✭✭✭
in U.S. Coin Forum
Feel free to explain.
I have a few things that trigger my buying and selling modes, but I'm just curious how others are driven.

``https://ebay.us/m/KxolR5

Comments

  • jessewvujessewvu Posts: 5,065 ✭✭✭✭✭
    Easy. How much money I have or how much money I need. image
  • BarndogBarndog Posts: 20,518 ✭✭✭✭✭
    I buy when a better coin than my set piece becomes available. Don't care if it is lower in numerical grade, all that matters to me is being problem-free and more eye appealing
    JR Newsletter Online Edition
  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭
    Lately I have been promted to buy a coin when I thought it was a good deal (a NGC ER MS 69 2008 W ASE reverse of 2007 from MCM For $125 shipped). I sold it when I felt the coin may spot and I was worried it could lose its value at $525.00. I thought it was a good deal again in PCGS First Strike 69 for 420 bucks, so I bought another one. Then I worried about spots again when I realized I could get $600.00 out of it with a little help from Microsofts cash back program and sold again.

    This is the story of one coin and may not reflect what makes me buy or sell other coins.

    image
    imageQuid pro quo. Yes or no?
  • fcfc Posts: 12,796 ✭✭✭
    rarity. i want a rare coin. i cannot stand widgets. - buy

    sell - i get tired of a coin because it has a problem i dislike or i grow
    into more of a niche area. i want quality (rarity) over quantity (widgets).
  • NHSBaseballNHSBaseball Posts: 2,470 ✭
    When I see a coin I really like in my "new" series, it prompts me to sell some coins in my "old" series.
    "College men from LSU- went in dumb, come out dumb too..."
    -Randy Newmanimage
  • garsmithgarsmith Posts: 5,894 ✭✭
    <<What prompts you to buy>> WANT
    <<or sell a coin ?>> NEED
  • Coll3ctorColl3ctor Posts: 3,359 ✭✭✭
    Electrical brain impulses image
  • MercMerc Posts: 1,647 ✭✭
    Buy: it is an interesting and good looking coin, and I have enough money for it. image

    Sell: I feel the prices will drop soon and not recover. A good example is the MS65 FBL Franklins when the pops started rising quickly.
    Looking for a coin club in Maryland? Try:
    FrederickCoinClub
  • OKbustchaserOKbustchaser Posts: 5,556 ✭✭✭✭✭
    Buy: I want it and have enough extra cash to pay for it.

    Sell: I died.
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
  • dohdoh Posts: 6,457 ✭✭✭


    << <i>Easy. How much money I have or how much money I need. >>


    image
    Positive BST transactions with: too many names to list! 36 at last count.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,697 ✭✭✭✭✭


    << <i>Buy: I want it and have enough extra cash to pay for it.

    Sell: I died. >>



    image pure collector.

    ``https://ebay.us/m/KxolR5

  • Dog97Dog97 Posts: 7,874 ✭✭✭
    When I need money because I found something else I want to buy.
    So I try to sell of my least favorite low price coins to make $$$. Usually my least favorite stuff is everybody else's least favorite stuff too and I have to end up selling some better stuff & keeping the junk.
    So as a result my collection consists of really really undesirable stuff and really really nice stuff, not much midrange.
    Change that we can believe in is that change which is 90% silver.
  • pennyanniepennyannie Posts: 3,929 ✭✭✭
    I have 2 groups of coins. 1st group is my long term collection. When a coin i need comes along i buy it, if a nicer coin comes along i buy that also. If another coin comes along that is priced right i buy it also.

    So now i have multiplies and those get sold when i need cash, or something comes along... My 2nd collection of coins is always for sell if the price is right. I just bought those to look, see and study.
    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • UnknownUnknown
    This content has been removed.
  • ShamikaShamika Posts: 18,785 ✭✭✭✭
    1. Upgraded a coin.

    2. Made an improvement with-in the same grade.

    3. Need for money to buy a "bigger" coin.

    I used to hang on to exceptional coins even after upgrading a particular date/mm. That, however, became expensive and I try not to hold duplicate.



    Buyer and seller of vintage coin boards!
  • mozinmozin Posts: 8,755 ✭✭✭
    I sell a common coin when I no longer like it. It makes no difference whether or not I need it for my set. Rarer coins I tend to hoard.

    I buy anything I like if the price is right. If it is a dup, I tend to pay a little less than for one I need for my set. I enjoy lots of dups for REDBOOK varieties I especially like.
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • crypto79crypto79 Posts: 8,623 ✭
    money
  • FairlanemanFairlaneman Posts: 10,426 ✭✭✭✭✭


    << <i>So I try to sell of my least favorite low price coins to make $$$. >>



    No Chit.......image

    Ken
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    I'm usually prompted to sell when I look around at all the crap I've accumulated and then wonder why I have it all!




    Once I sell it all, I get money and then I start buying it all back again!






    and so the cycle continues on......... image

    Rarely do I sell with a specific intent that doesn't get side tracked by some other good looking coin.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • MidLifeCrisisMidLifeCrisis Posts: 10,584 ✭✭✭✭✭


    << <i>rarity. i want a rare coin. i cannot stand widgets. - buy

    sell - i get tired of a coin because it has a problem i dislike or i grow
    into more of a niche area. i want quality (rarity) over quantity (widgets). >>


    I like this answer. image
  • BAJJERFANBAJJERFAN Posts: 31,468 ✭✭✭✭✭
    I buy cuz there is a greedy possessive little voice inside of me that says I just gotta have it, even tho I could probably live very well without it. I WANT it but I really don't NEED it and there is a certain measure of smug satisfaction in having something that someone else wants. I sell cuz sometimes the "you need money" voice yells out too.
    theknowitalltroll;
  • YaHaYaHa Posts: 4,220 ✭
    Instinct. What my budget will allow at the time of searching. Lastly need.image
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    It's very simple. I buy a coin if I like it and sell it if I no longer appreciate it.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • thisnamztakenthisnamztaken Posts: 4,101 ✭✭✭✭✭
    I sell:

    1. When the values for a series I have duplicates in are in an upward trend, or
    2. I upgraded a particular coin and therefore sell the lower grade one to recoup some of what I paid for the upgrade.
    I never thought that growing old would happen so fast.
    - Jim
  • lasvegasteddylasvegasteddy Posts: 10,447 ✭✭✭
    a coin that has a future to it stirs my trigger finger

    some coins are replaceable whereas some are not

    i sold my 14 pr64r/b matty in name of getting the 65-67 sms ms66dcam jeffersons

    i'll see more 14 mattys offered then a 65 or 66 sms dcam jefferson any year as these are everyday coins

    it's great when i don't have to sell one quick as something rare popped up
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


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