How many "Strong hands" are not as strong as they used to be?

SanctionII

If I sold out my collection, I would not receive a large enough amount of money to make it worthwhile for me to sell (though I have disposed of some junk recently).

In that respect my coins are, I guess, in strong hands.

What about you? Do you find your hands are not as strong as they were last year?

291fifth

Not as strong.

Not as willing to buy either, as I feel the market is fully priced or overpriced at current levels.

renomedphys

My hands are strong enough, and I realize that I would have to be crazy to loosen them up anytime soon. I'm not about to sell my coins at current levels, or anything resembling a loss. That said, were I offered a fair value for any of my coins, I would be hard pressed to turn it down. Cash is a precious commodity these days.

OKbustchaser

I have never sold a coin in over 40 years of collecting. While would I start now during a downturn in prices?

Coxe

Depends on the coins and how many sellers are out there with similar material. There are always buyers and particularly for the best and rarest stuff. This is an exceptionally bad market for common widgets. Reasonable (by price) liquidity is impossible to delineate, at least for me, right now. I know that if some really important material came to market it might actually benefit from the current situation as a lot of cash that had previously been spent more frivolously has been sidelined and is available. People, dealers and collectors, are typically very selective right now. Yes, some are completely out as far as buying is concerned....but not all are.

CoinJunkie

<< <i>I have never sold a coin in over 40 years of collecting. >>


That is an amazing statement! You are a true collector. May I ask how many pieces you
have amassed in that time?

TwoSides2aCoin

Two

ambro51

Ive sold a bare few...but that $ went right back into other coins, so does that count?

Broadstruck

When ever I hear the term Strong Hands I always think of John Steinbeck's Of Mice and Men...

Curly wears a glove of vaseline to keep his hand soft for his coins.

KlectorKid

<< <i>When ever I hear the term Strong Hands I always think of John Steinbeck's Of Mice and Men...

Curly wears a glove of vaseline to keep his hand soft for his coins. >>

Russ

I recently sold, so my hands are weak.

Russ, NCNE

tradedollarnut

<< <i>I have never sold a coin in over 40 years of collecting. >>



Honestly, I think this is a horrible policy. You get quite an education by selling.

tydye

My hands got a little weaker when I contracted spring fever and moved some focus to my other hobby - classic cars

KentuckyJ

> You get quite an education by selling


I agree. I've sold a bit and cleaned house in the past few years. Selling has been a real eye opener. Some good, some bad, all info I needed to know. My hands now are strong but I could change directions without too much wind blowing. I can't say keeping the collection intact is my absolute #1 priority.

stman

<< <i>

<< <i>I have never sold a coin in over 40 years of collecting. >>



Honestly, I think this is a horrible policy. You get quite an education by selling. >>



I understand what you mean TDN, but I wouldn't call it a "horrible policy" for everyone. I think OKBustchaser has a very good handle on what he's doing. And what he's doing is his way. Besides the fact that he knows what he's doing in his series of interest.

Bear

My hands are strong.......

It's my mind that's weak.

DUIGUY

<< <i>My hands are strong.......

It's my mind that's weak. >>

notwilight

My collection is in strong hands, no interest in selling and still picking up a piece every now and then...maybe even tonight. --Jerry

RaginsteveK

I'm overbought; I'll be selling some- win lose, or draw ---

buying at good prices, for a collector- is often buying at bad prices for a trader.

anticipate v. l. profit, if any- on many coins I'm about to sell over the next few weeks. (some are coins that "bother' me, for any number of reasons. they're as good as gone, profit or not)

Coxe

<< <i>

<< <i>I have never sold a coin in over 40 years of collecting. >>



Honestly, I think this is a horrible policy. You get quite an education by selling. >>



....unless of course you have acquired all of your coins through the safe venue of cable TV.

OKbustchaser

<< <i>

<< <i>I have never sold a coin in over 40 years of collecting. >>



Honestly, I think this is a horrible policy. You get quite an education by selling. >>



Do I have dogs in my collection which aren't worth (at least to someone else) what I paid for them? Absolutely. the difference is that I knew that when I bought most of them. Admittedly, many don't learn that until they try to sell them.

Honestly, I think it would be a horrible policy too if I were interested in what the market thinks about my coins. I'm not, though. I couldn't care less what anyone else thinks any particular coin from my collection is worth. I bought them with disposable entertainment dollars. The average coin that I buy costs no more than another person might use to take a companion to a nice dinner and a concert/play a couple of times a month. The highest priced coins that I own cost less than what someone else might blow on a weekend in Vegas. As far as I am concerned the money I spend on coins is just as gone as the money those other people spent on their passtimes.

tradedollarnut

Even if one doesn't want to part with any of one's coins, it's still an educational process to attempt to at least get offers on them.

oldhobo

<<anticipate v. l. profit, if any- on many coins I'm about to sell over the next few weeks. (some are coins that "bother' me, for any number of reasons. they're as good as gone, profit or not) >>

Remind me to not bid on any of your coins