You Can't Take It With You.........
DBSTrader2
Posts: 3,498 ✭✭✭✭
..... and They (the kids) Can't Take It With THEM.................
Dealing with all the records and memorabilia & clutter this past year since my Father's passing, as well as taking a good look at what we'd leave behind for our kids to deal with when our time comes, I've come to the realization that we have amassed way too much "stuff" to saddle our survivors with.
As such, I've started trying to toss old, unnecessary records, create piles to donate and/or sell at a garage sale or flea market, etc.
And I've started thinking about what to do with my coin collection.
My thought all along has been that, while not valuable, my collection is an extension of myself and one of my loves growing up. It connects me with my grandparents, alongside whom I first started collecting, as well as represents old coins that just aren't made anymore. My plan continues to be to pass them along to both sons for them to hold onto and hopefully add to over their years & then pass them down to their kids.
At the same time, however, I have once again started questioning the logic of holding onto some modern stuff, such as the set of state/territory quarter rolls I have set aside for each of them. I seem to ponder this every few years or so, but it seems much more appropriate now that one son is ready to move half-way across the country to start his career, and the other is a year away from possibly having to make a similar decision.
While both appreciate my collecting, neither has the same "bug" as I did when I was their age. The idea of sending them off weighed-down by 50+ rolls of quarters they'd have to drag with them from place-to-place, many of them not worth much more than face, just doesn't make sense to me. Add into the mix my continuing vision issues, which has really interfered with my ability to look at & appreciate my coins' inherent beauty (the glare off any coin, if it catches me right, can ruin the rest of my day, vision-wise, unfortunately), and maybe it's time to let go somewhat.
Previously, I posted questions to fellow Forum members re: the best way to sell/cash these rolls, given the reality of their overall value. While the first year or 2's worth of rolls came primarily from the Philly Mint via the local Fed window, once that source dried up, I got most of the remaining rolls either from the local bank (still uncirc, and primarily H/T), and a few from trades/purchases. And a few came from banks, but H/H or T/T, so they're just my or the bank's word for them. Most rolls are Philly mintmark (except, it seems, when they were hard to find or more valuable, when I seemed to end up getting Denver rolls.....). I'd have to go thru them again to see exactly what I have, with which mintmark, and whether each is Mint/Bank/human-wrapped, in order to know their true value or offer them to anyone.
I still am fighting past the the idea that I walked down to the Fed or over to the bank for many years/releases, or paid a premium for others over time to achieve a complete set of all State & Territory quarter rolls - - and have sunk more into acquiring them than I'd likely ever recoup. And I'd hate to just turn them in to the local bank at face, knowing they'd either just give them out as change to average customers who'd just break them up and spend them, or to someone knowledgeable at the bank who'd turn around and make a profit off selling them vs me. Not to mention I'd be dooming a full collected set to being broken-up....... In many ways, that bothers me the most.
In the past, a Forum member or two has offered to buy the whole collection off me at somewhat over face & shipping costs, and taking into consideration some of the more valuable roll prices - - which I just wasn't ready to do at the time. While I truly appreciated the offers at the time, I thought it was kind of a waste for them to have to pay for shipping for many "worthless" rolls as a favor to me (although I'm sure it's still worthwhile to someone more educated than I in looking for slab-able coins, even in "average" rolls). I just wasn't ready to pull the trigger. Maybe I thought deep down inside that my boys would finally take more of an interest in them......
But reality and practicality may finally be hitting home, and I may finally be ready to move on, and either look into selling everything outright to a local dealer at a coin show (if they're even interested or willing to give me a fair price), or to a Forum member (either complete, or just "cherry-picking" the more valuable rolls & turning the rest in to a bank). Or, I may contact my old co-worker with whom I made so many trips to the Fed & bank before I retired, and see if he needs/wants to buy 2 more sets for his expanding brood of grandkids.........
Other Forum members' thoughts on the subject?
Dealing with all the records and memorabilia & clutter this past year since my Father's passing, as well as taking a good look at what we'd leave behind for our kids to deal with when our time comes, I've come to the realization that we have amassed way too much "stuff" to saddle our survivors with.
As such, I've started trying to toss old, unnecessary records, create piles to donate and/or sell at a garage sale or flea market, etc.
And I've started thinking about what to do with my coin collection.
My thought all along has been that, while not valuable, my collection is an extension of myself and one of my loves growing up. It connects me with my grandparents, alongside whom I first started collecting, as well as represents old coins that just aren't made anymore. My plan continues to be to pass them along to both sons for them to hold onto and hopefully add to over their years & then pass them down to their kids.
At the same time, however, I have once again started questioning the logic of holding onto some modern stuff, such as the set of state/territory quarter rolls I have set aside for each of them. I seem to ponder this every few years or so, but it seems much more appropriate now that one son is ready to move half-way across the country to start his career, and the other is a year away from possibly having to make a similar decision.
While both appreciate my collecting, neither has the same "bug" as I did when I was their age. The idea of sending them off weighed-down by 50+ rolls of quarters they'd have to drag with them from place-to-place, many of them not worth much more than face, just doesn't make sense to me. Add into the mix my continuing vision issues, which has really interfered with my ability to look at & appreciate my coins' inherent beauty (the glare off any coin, if it catches me right, can ruin the rest of my day, vision-wise, unfortunately), and maybe it's time to let go somewhat.
Previously, I posted questions to fellow Forum members re: the best way to sell/cash these rolls, given the reality of their overall value. While the first year or 2's worth of rolls came primarily from the Philly Mint via the local Fed window, once that source dried up, I got most of the remaining rolls either from the local bank (still uncirc, and primarily H/T), and a few from trades/purchases. And a few came from banks, but H/H or T/T, so they're just my or the bank's word for them. Most rolls are Philly mintmark (except, it seems, when they were hard to find or more valuable, when I seemed to end up getting Denver rolls.....). I'd have to go thru them again to see exactly what I have, with which mintmark, and whether each is Mint/Bank/human-wrapped, in order to know their true value or offer them to anyone.
I still am fighting past the the idea that I walked down to the Fed or over to the bank for many years/releases, or paid a premium for others over time to achieve a complete set of all State & Territory quarter rolls - - and have sunk more into acquiring them than I'd likely ever recoup. And I'd hate to just turn them in to the local bank at face, knowing they'd either just give them out as change to average customers who'd just break them up and spend them, or to someone knowledgeable at the bank who'd turn around and make a profit off selling them vs me. Not to mention I'd be dooming a full collected set to being broken-up....... In many ways, that bothers me the most.
In the past, a Forum member or two has offered to buy the whole collection off me at somewhat over face & shipping costs, and taking into consideration some of the more valuable roll prices - - which I just wasn't ready to do at the time. While I truly appreciated the offers at the time, I thought it was kind of a waste for them to have to pay for shipping for many "worthless" rolls as a favor to me (although I'm sure it's still worthwhile to someone more educated than I in looking for slab-able coins, even in "average" rolls). I just wasn't ready to pull the trigger. Maybe I thought deep down inside that my boys would finally take more of an interest in them......
But reality and practicality may finally be hitting home, and I may finally be ready to move on, and either look into selling everything outright to a local dealer at a coin show (if they're even interested or willing to give me a fair price), or to a Forum member (either complete, or just "cherry-picking" the more valuable rolls & turning the rest in to a bank). Or, I may contact my old co-worker with whom I made so many trips to the Fed & bank before I retired, and see if he needs/wants to buy 2 more sets for his expanding brood of grandkids.........
Other Forum members' thoughts on the subject?
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Comments
This may be best for the main forum instead of BST...until you're ready to sell with prices and pics.
Good luck!