Do you ever decide to sell your collection, and then.....

jmski52 · October 14, 2014 1:42AM

and then you take the coins out to look at them, and then you decide that they are too nice to sell?

Pokermandude · October 14, 2014 2:43AM

Not my whole collection, but when I'm at my bank box picking nicer pieces to bring to shows, I have that "problem" with most of the nicer pieces. Especially anything that would be difficult to replace due to rarity/eye appeal/etc.

Walkerfan · October 14, 2014 2:54AM

Anyone who is so quick to sell out deserves to live with the consequences.

Nice coins are NOT anywhere near as easy to find as they once were and are getting tougher with each passing year.

renman95 · October 14, 2014 3:01AM

I'm having that problem right now. I just have to focus on my goals to get over it.

BillJones · October 14, 2014 3:20AM

I have not experienced that since I don't sell coins that often these days. I have been fixated on a "problem" in my mind, have made much of it in my thoughts and then found that when I REALLY looked a coin that it was rather trivial relative to the state of preservation of the whole coin.

As for selling my collection, I know that I have quite a number items that would hard to replace in today's market with what I'm perceiving as some depressed prices. The trouble with low prices is that the guys who have the nice coins won't offer them for sale unless they perceive that the lower prices are here to stay for the foreseeable future. Temporary drops in price might look like opportunities, but usually they aren't because there is nothing to buy at those levels.

Here is an example. The 1808 quarter eagle is one of the top type coins in the U.S. series. I bought this one at the top of the market, and I'm probably "buried" for the moment. This piece is graded AU-50, but when I look at what's available in AU-50 holders at the lower prices, they always seem to have a problem, like a big, noticeable mark that would bug me if I owned the coin. Given the issue with the marks, it makes you wonder how much the prices have really fallen.

Broadstruck · October 14, 2014 3:37AM

I have coins I've considered selling for quite a few years and I get overwhelmed when I bring them home from the bank and take them all back.

So far I've gotten as far as moving invoices into a folder marked "Sell" for items which should be sold

19Lyds · October 14, 2014 4:21AM

<< <i>and then you take the coins out to look at them, and then you decide that they are too nice to sell? >>

Well.........no.

But I do get reminded of what my original intentions were.

Unknown · October 14, 2014 4:27AM

This content has been removed.

johnny9434 · October 14, 2014 4:31AM

i dont know about the whole collection but there part of it that i do. it never pans out

MidLifeCrisis · October 14, 2014 4:48AM

The one time I did sell my entire collection, the decision was deliberate, quick, and actually pretty easy...like I had flicked some switch in my mind and was ready to move on.

Of course, I came back about a year later, but I was much better off because of the experience.

jmski52 · October 14, 2014 5:41AM

I have that "problem" with most of the nicer pieces. Especially anything that would be difficult to replace due to rarity/eye appeal/etc.

I have coins I've considered selling for quite a few years and I get overwhelmed when I bring them home from the bank and take them all back.

Exactly!!!

That's what I'm sayin'. I've been contemplating selling for about 2 years, and then I turn around and buy another coin, as nice as I can afford. It's not a Large Cent collection that competes with the "big boys" but it's become a pretty nice set over the years, if I do say so myself.

I know that the market's not hot. I know that selling is always a roll of the dice, too. I know that if I dump my set now, I won't be able to get them back for anywhere in the same neighborhood for what I've paid, so it would have to entail a "no looking back" attitude on my part.

Question for MidLifeCrisis - why'd you come back, and why do you say that you're better off for the experience?

MidLifeCrisis · October 14, 2014 6:58AM

I came back because I like old coins. There were (and still are) many things about the hobby that I don't like, but I still really enjoy owning a tangible piece of Amercan history and collecting old coins is the most fun way I've found to do that.

I'm better of for the experience because I was able to put the money to other good uses; because I was able to prove to myself and to my wife that I could sell everything, make some money, and walk away; and because it enabled me to come back a year later and start over with a fresh perspective and a different collecting focus.

oih82w8 · October 14, 2014 7:20AM

Earlier this year I sent about a dozen to GC to raise some "bill money", most of them I thought would have brought a pretty penny, but the buyers/bidders thought otherwise...I wish that I could have kept them.

seanq · October 14, 2014 1:34PM

I sat down a few nights go to list a coin for sale, searched the Forum to find the images I'd posted of it, read all the great comments about it, and changed my mind.

My interest in the hobby in general has waned since I changed jobs at the beginning of the year, and I don't have the time to browse eBay for cherries like I used to. We're also looking at buying another home early next year, so the temptation to sell has never been greater.... then I take the coins out to sell them and I remember why I love collecting them.

Sean Reynolds

ARCO · October 14, 2014 1:47PM

<< <i>Anyone who is so quick to sell out deserves to live with the consequences.

Nice coins are NOT anywhere near as easy to find as they once were and are getting tougher with each passing year. >>

Ouch, kick a man when he is down.

I sold off a complete Barber set. It cankers my soul now

joeykoins · October 16, 2014 3:31AM

<< <i>

<< <i>Anyone who is so quick to sell out deserves to live with the consequences.

Nice coins are NOT anywhere near as easy to find as they once were and are getting tougher with each passing year. >>

Ouch, kick a man when he is down.

I sold off a complete Barber set. It cankers my soul now

>>

Sounds like my regret selling my complete Buffalo Nickle collection. Kicking myself everyday. Even contained some Buff. varieties. Oh well?

Sonorandesertrat · October 16, 2014 9:13AM

I have sold my coin collection repeatedly over the course of 4 decades of collecting (with some periods of inactivity). Whenever I decided to sell coins, it was a decision that was not casually made (except for the initial time, when I was a teenager). In essence, I was done with the coins and almost never regretted a sale. The sole regret of mine concerns two British sovereigns I bought when I was 10---I bought them from QD Bowers at a coin convention that my grandmother took me to.

Do you ever decide to sell your collection, and then.....

Comments

Leave a Comment