Options
collectors come and go-oh well <-update & thanks see last post

I never thought I would have to hear the words I heard this afternoon. I have done a-lot over the years
trying to bring new collectors in, educate, learn at the same time (I did actually) but never thought someone
whom I got interested in collecting and spent so much time and effort would jump ship. It hurts.
15 going on 16, loves mountain biking and snowboard/skiing. Great grades in school general all around great
kid. Always shown interest in Jefferson's, and that being my choice it clicked great. I helped him put together
books, shared all kinds of finds and bought al-ot off this board for his collection. Well today that all changed.
Has new interests, and asked how upset I would be if he sold his collection right now, in his words " I really enjoyed
our time, and I do like collecting but I need a break and there is something I really want to do next month, so would
you be hurt if I sell my stuff"
so I am at a loss, first impression would be fund his whatever and sit on his holdings, but times as they are that is not possible.
I can package his stuff in a lot sale but selling items fast + numismatics never ='s good.
I need some ideas. fast
trying to bring new collectors in, educate, learn at the same time (I did actually) but never thought someone
whom I got interested in collecting and spent so much time and effort would jump ship. It hurts.
15 going on 16, loves mountain biking and snowboard/skiing. Great grades in school general all around great
kid. Always shown interest in Jefferson's, and that being my choice it clicked great. I helped him put together
books, shared all kinds of finds and bought al-ot off this board for his collection. Well today that all changed.
Has new interests, and asked how upset I would be if he sold his collection right now, in his words " I really enjoyed
our time, and I do like collecting but I need a break and there is something I really want to do next month, so would
you be hurt if I sell my stuff"
so I am at a loss, first impression would be fund his whatever and sit on his holdings, but times as they are that is not possible.
I can package his stuff in a lot sale but selling items fast + numismatics never ='s good.
I need some ideas. fast


Go BIG or GO HOME. ©Bill
0
Comments
Does he have the collection or do you?
BST Transactions: DonnyJf, MrOrganic, Justanothercoinaddict, Fivecents, Slq, Jdimmick,
Robb, Tee135, Ibzman350, Mercfan, Outhaul, Erickso1, Cugamongacoins, Indiananationals, Wayne Herndon
Negative BST Transactions:
not sure if age truly plays it's role but myself i found fascination like at 5
I may be going through this in a few years too, and hope I don't. Right now, mine is showing a renewed interest, but who knows for how long.
I started collecting again because of wanting to spend time with my son, and he is now re-interested for the same reason. He's younger though.
For the collection, what type of value do you think and what type of items (all PCGS and top grade? Common? Mixture of slabs?)
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>I bet his new hobby is girls!!!
Does he have the collection or do you? >>
He left it with me and promised he loves coins but needs to be following
hobby, and yes the mountain biking does include one real nice girl who
has been following him around
I really want to tell him to sell it as a lot himself, he needs to learn how the flip
flop affects his collecting in general but same time if I force him to sell them he will lose
out. I have him stacked with a full dansco, obw rolls, special mint stuff and loose stuff
off the boards here. While the dansco is not FS it has some killer strikes and color.
I pretty much set him up, all he had to do was make an MS book a MSFS book, obviously within
reason
Go BIG or GO HOME. ©Bill
Don't sell his collection...hold onto it just in case he becomes interested again. If not, you can sell it later when you're not in a rush. Take out a loan and make him pay it back. Or get a credit card in his name if possible and make him make the payments.
Or simply explain to him the nature of collectables and the reality of not getting much for your prized coins in a quick, must-sell situation.
Just remember- you gave him the spark that will forever be lit. all he will now need is a little O2 and that spark will ignite again
No Way Out: Stimulus and Money Printing Are the Only Path Left
where other interest may be
more important. Hopefully,
one day in the future he'll return to
collecting again. I wish he
would change his mind about
selling his collection. Please
keep it for the future !!!
<< <i>Bill,
I may be going through this in a few years too, and hope I don't. Right now, mine is showing a renewed interest, but who knows for how long.
I started collecting again because of wanting to spend time with my son, and he is now re-interested for the same reason. He's younger though.
For the collection, what type of value do you think and what type of items (all PCGS and top grade? Common? Mixture of slabs?) >>
In all honesty he has a ton of slabs, but does not know it
he gives me a reason otherwise. What he has in his collection now is mainly raw stuff but very nice-kid has a good eye
it breaks my heart
Go BIG or GO HOME. ©Bill
He will come back to coins in 10 to 20 years and you should feel proud of yourself for starting him off on the right track.
He will be back in coins at a latter date , no doubt
At least the kid asked. A lot of kids just take the stuff down to the pawn shop and get 20 cents on the dollar. Again, for those buying expensive coins for younger relatives, this is a common scenario. Many kids don't ask, they just sell and get next to nothing. Few kids are going to be coin collectors, very few will want to be serious collectors.
If you have his collection, I think it would be really cool if you told him you'd sell it for him. If you can afford to do so, pay him a reasonable amount of cash and say it was an easy sell. Don't really sell them though, keep them hidden away until he is in his late-20s/early 30s and give them back. Perhaps that'll help get him back into collecting at that time.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
And, in the OBW rolls, do you think there is anything really worth it? if not, put those on the BST with him or let him take to the bank.
Let him see the losses that may come in some of this.
For the danscos....how much do you think those would really go for, raw? That is always the question.
At this point, unless there are particular issues that would do super well slabbed, I wouldn't go that route (more money).
Special mint stuff? Such as ?
Loose stuff from the boards? Help him sell those...let those go as that is his new direction and if he doesn't have interest, then he doesn't.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
I knew it would happen.
<< <i>From what you listed that he has, what do YOU think it would go for?
And, in the OBW rolls, do you think there is anything really worth it? if not, put those on the BST with him or let him take to the bank.
Let him see the losses that may come in some of this.
For the danscos....how much do you think those would really go for, raw? That is always the question.
At this point, unless there are particular issues that would do super well slabbed, I wouldn't go that route (more money).
Special mint stuff? Such as ?
Loose stuff from the boards? Help him sell those...let those go as that is his new direction and if he doesn't have interest, then he doesn't. >>
Ron I know what to put out there and what not to, what can be replaced and what cannot. I have some input from ones watching it go down live that I should make him sell, take the loss and next time maybe he will know better than to think of a collection as quick cash-thats a mistake I made many years ago-its an ugly lesson sometimes but might need to be learned.
again, breaks my heart.
Go BIG or GO HOME. ©Bill
At least I still have my Grandfather and Great Grandfathers rifles... looking forward to passing them down to my son someday. I tell my wife not to pass the rifles until the kid is in a financially stable place in his life.
Pawn Stars...... has scared the crap out me. (This is my great great grandfathers.. (what ever) I want to sell it so I can go blow the money at the casino.)
In God We Trust.... all others pay in Gold and Silver!
<< <i>introduce him to a girl that collects >>
intoduce him to a PRETTY girl that collects.
<< <i>Youth...... he will want those coins back in 20 years. It's the cycle of life. I loss a pocket knife my grandfather gave me as a child....... I would pay a fortune of that pocket knife today.
At least I still have my Grandfather and Great Grandfathers rifles... looking forward to passing them down to my son someday. I tell my wife not to pass the rifles until the kid is in a financially stable place in his life.
Pawn Stars...... has scared the crap out me. (This is my great great grandfathers.. (what ever) I want to sell it so I can go blow the money at the casino.)
OMG rumors are true, you do stray ATS once in a while-hope all is well on your end
Go BIG or GO HOME. ©Bill
<< <i>How much we talking here hommie? >>
I have not put much in his hands, besides his danscos (2x 8113) he has a henning which can be replaced and he has one or 2 94 sms that were slabbed and had experiemnts and some other stuff obw rolls and jeff collectibles.
id figure he would get 200 for the whole lot on ebay in a fire sale. When the hobby started fire sales were not part of the lingo for a reason
Go BIG or GO HOME. ©Bill
I started collecting coins when as a 12 year old, I found a "really old" quarter in change and something told me to keep it. It was a 32 S. I'd go to bid boards, and when I could drive, I'd go to auctions.
At age 17, I took up running (something I still do), entering marathon events, etc. Then onto college, the CPA exam, etc. All of my coins just sat there. I bought 12 of the GSA CC $s in 1979, and eight of them were the ugliest Unc. Morgans I've ever seen. Put them away. Went to work for myself, and traveled internationally every chance I could.
Fast forward to 1996. The U.S. Central America gold coins were being displayed and auctioned at the hotel literally across the street from my office. I was curious, so I had a look. I've been back into it ever since.
I don't think the above is all that unusual.
On the whole, I made more money keeping my nicer material than the losses I incurred getting rid of my mistakes. One of the GSA CC $s is now in a PC 6 holder. Ditto re a 36 S Walker I bought at an auction in 1968. I traded 5 rolls of G-VG common date IHCs for a PC 5 RD 09 P IHC in an OGH.
"Seu cabra da peste,
"Sou Mangueira......."
If I wasn't't posting from my phone I'd link to "Angel Dee's Story" as posted here which that strategy reminds me of.
"Inspiration exists, but it has to find you working" Pablo Picasso
<< <i>Unless what he has is utterly irreplaceable, sell now and know he can start again later - possibly in an entirely new direction. >>
I like all coins but chose Jeffersons for a reason, I in my opinion would like to see him continue that route, same time I could see how I might have forced that hand so to say.
I did also turn him onto old british pennies and half pennies that mimick the judd lady by the seashore patterns- my mind is slow lately but that was one beautiful pattern whos judd number escapes me I know its started with a 14 lol.
(pattern trade dollar?)
if he turned into a pattern collector, id drop dead id be so happy
Go BIG or GO HOME. ©Bill
In honor of the memory of Cpl. Michael E. Thompson
<< <i>
<< <i>introduce him to a girl that collects >>
intoduce him to a PRETTY girl that collects.
Ah, the all important qualifier
If you have his collection, I think it would be really cool if you told him you'd sell it for him. If you can afford to do so, pay him a reasonable amount of cash and say it was an easy sell. Don't really sell them though, keep them hidden away until he is in his late-20s/early 30s and give them back. Perhaps that'll help get him back into collecting at that time.
This is exactly the same thing I would do!
<< <i>It's his life, why fight it? He should sell and move on. Years from now when his life changes again, for the who-knows-how-many-times later, he may come back to the hobby and will have a deep appreciation for everything he is now walking away from. >>
Tom even you should know the simpliest of collections still took blood n guts to be put together, its painful to watch.
for those who are wondering, he is selling out to go on a biking trip where the fun part is avoiding pain by avoiding trees while riding down a path in a free for all
geesh I used to catch frogs
Go BIG or GO HOME. ©Bill
<< <i> I have some input from ones watching it go down live that I should make him sell, take the loss and next time maybe he will know better than to think of a collection as quick cash-thats a mistake I made many years ago-its an ugly lesson sometimes but might need to be learned. >>
Fully agree with that. My brother had a HUGE comic book collection with MANY of the harder to find golden age comics, and in good (ie...very fine/near mint) condition. He was about that age and got interested in girls and motorbikes. Sold them all for just a few hundred bucks or less (lot of money back in the mid-70s). He still cringes when I remind him of some of them and what a SINGLE book will sell for nowadays ("I had one of those, and it was almost like new!")
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>
<< <i> I have some input from ones watching it go down live that I should make him sell, take the loss and next time maybe he will know better than to think of a collection as quick cash-thats a mistake I made many years ago-its an ugly lesson sometimes but might need to be learned. >>
Fully agree with that. My brother had a HUGE comic book collection with MANY of the harder to find golden age comics, and in good (ie...very fine/near mint) condition. He was about that age and got interested in girls and motorbikes. Sold them all for just a few hundred bucks or less (lot of money back in the mid-70s). He still cringes when I remind him of some of them and what a SINGLE book will sell for nowadays ("I had one of those, and it was almost like new!") >>
wow that must really hurt. My grandfather loved Lionel trains and was a serious collector, xmas 1967 he built me a big track downstairs setup with villages, trees you name it he had everything-set it up like he was going to use it himself. He died the next year, and I believe I sold it 2 years later for like 10 bucks-thats how bad we were with toys back then-need I say what that stuff would be worth now.
Go BIG or GO HOME. ©Bill
Sell the coins for him and he'll be back as an adult.
Maybe he never liked the coins, but he loves you.
Steve
"Got a flaming heart, can't get my fill"
<< <i>
<< <i>Unless what he has is utterly irreplaceable, sell now and know he can start again later - possibly in an entirely new direction. >>
I like all coins but chose Jeffersons for a reason, I in my opinion would like to see him continue that route, same time I could see how I might have forced that hand so to say.
I did also turn him onto old british pennies and half pennies that mimick the judd lady by the seashore patterns- my mind is slow lately but that was one beautiful pattern whos judd number escapes me I know its started with a 14 lol.
(pattern trade dollar?)
if he turned into a pattern collector, id drop dead id be so happy
No offense, but this kind of sounds like, you were collecting what you wanted.
Either way, collectibles shouldn't be the first option for discresionary spending. Does he have other savings, birthday money or a lawn mowing job?
He'll return one day and it may be sooner than you think.
Keep showing him neat stuff. He doesn't have to collect now...maybe he's just bored with what he has seen.
Some interesting coin will get him charged up....or try paper $. Show him neat vignettes.
Hope he is better at the biking tree thing......than Sonny Bono was at the Skiing tree thing!
8 Reales Madness Collection
Next time I set foot in a coin shop, I was 28, and didn't really get actively collecting again until I found eBay and this place about ten years ago at age 34.
The kid will probably be back, but will likely have other priorities for a while...
Liberty: Parent of Science & Industry
<< <i>I was a 15 year old long haired kid who was interested in buying a new stereo so I could rock to Led Zepplin, Aerosmith, Supertramp, Fleetwood Mac, etc. Sold my collection to my Dad, now deceased, so I could have the necessary cash. He gave it back to me about 15 years ago and I was really touched. It sat in my closet unappreciated until I turned 46 and, looking for a hobby, I rediscovered my passion for numismatics. Been back at it for about 6 years now and am hooked. All this you describe is normal for a teenager. I was sure glad my Dad looked out for me and, now that I have perspective on things, my collection is a way for me to remember/honor him beyond the normal rewards of collecting. >>
wow that is a great story
Go BIG or GO HOME. ©Bill
<< <i>I was down at the coin shop just about every weekend from age 8 to 14. I still liked coins after that, but didn't actively collect or follow them-- time and new money went instead to fast food, video games, movies, then later, to gas, beer and weed, and dates, and still later, to tuition, books, rent, travel, etc.
Next time I set foot in a coin shop, I was 28, and didn't really get actively collecting again until I found eBay and this place about ten years ago at age 34.
The kid will probably be back, but will likely have other priorities for a while... >>
First time I ever went to a coin shop was at 14 or 15 to sell my coin collection.
I was completely out of collecting except for looking and tracking clad coin movements until
I gradually reacquired the hobby starting at about 20. When I got a real job I got more serious
about having a hobby.