To save or not to save

lunytune2 · April 9, 2016 7:33AM

I have been working on liquidating rookie mistakes and novice collector material of late. Is there any reason to keep circulated or uncirculated State quarters from the first year ? Wheat pennies ? A roll of Susan B dollars . How about some raw commems in 2x2's ? I need opinions , have at it guys !

cladking · April 9, 2016 7:48AM

I'd get rid of all DE quarters except nice BU's and especially the Phillys.

Get rid of wheaties. If you have more than a few hundred you can get about 3c each for them.

Dump small dollars except for nice BU's '79-S and '81's.

There's no sense hanging onto junk because inflation wipes out the value.

TigersFan2 · April 9, 2016 9:45AM

I have a bunch of bicentennial quarters as I've never spent one since 1976.

bronco2078 · April 9, 2016 10:17AM

Originally posted by: cladking
I'd get rid of all DE quarters except nice BU's and especially the Phillys.

Get rid of wheaties. If you have more than a few hundred you can get about 3c each for them.

Dump small dollars except for nice BU's '79-S and '81's.

There's no sense hanging onto junk because inflation wipes out the value.

Ahem don't forget near date 79p they are worth 8 bucks each on ebay

braddick · April 9, 2016 11:10AM

A wonderful rule of thumb: If non collectors within any field are saving something (like bicentennial quarters) then it is safe to assume there will be no future appreciation.

mariner67 · April 9, 2016 11:14AM

Dump it all.

BeeMan · April 9, 2016 12:26PM

I am in the same position. I have been accumulating things since 1975 and am ready to let it go.

Bob1951 · April 9, 2016 2:01PM

I have 100 Bu bank wrapped rolls of 1962 Lincoln cents-nobody wants them. The dealers do not want to be bothered with junk stuff. They tell me to take them to the bank. One of these days I just may do that-at least I will have $50.00 to spend on other coins then.

mannie gray · April 9, 2016 4:13PM

Bob, you could get much more than face for the rolls on eBay if they're OBW.

mannie gray · April 9, 2016 4:14PM

Originally posted by: braddick

A wonderful rule of thumb: If non collectors within any field are saving something (like bicentennial quarters) then it is safe to assume there will be no future appreciation.

+1

Boosibri · April 9, 2016 4:14PM

Get rid of it all. Not even a seconds pause.

mannie gray · April 9, 2016 4:14PM

Originally posted by: cladking

I'd get rid of all DE quarters except nice BU's and especially the Phillys.

Get rid of wheaties. If you have more than a few hundred you can get about 3c each for them.

Dump small dollars except for nice BU's '79-S and '81's.

There's no sense hanging onto junk because inflation wipes out the value.

+1 also

TommyType · April 9, 2016 4:27PM

I'd say only you can answer that. (Really helpful, huh?)

Basically, if you enjoy them, the memories, sharing them with friends and relatives, there's no shame in keeping them. I think many of us have "real" collectable coins, and "random stuff" too. Both can be fun.

If they are just taking up space, and creating an annoyance, then clear the table.

The fact that you are actually asking might indicate the second option is where you are leaning? No shame in consolidating, either.

TopographicOceans · April 9, 2016 7:05PM

Getting rid of useless clutter is always a good idea.
The same thing applies to coins.

I bought some bags of SBA dollars from the mint in the 80's and took them to a coin shop to sell about 15 years ago. They had zero interest and said I should just deposit them in the bank.

So I went and listed them on eBay and sold them for a small premium over face value.

david3142 · April 9, 2016 9:15PM

I still save every wheat penny so I wouldn't spend those. If you have enough for them to be considered clutter then you have enough to sell for a profit. Also, which Commems do you mean? The early silver ones are absolutely worth saving.

lunytune2 · April 9, 2016 11:40PM

Modern commemoratives , late 90's early 2000's

david3142 · April 9, 2016 11:53PM

If you mean saving vs spending then obviously don't spend the Commems, but if they are no longer of interest, you could certainly sell them (and all of the others, but you won't get much, if any, above face value for most of it).

lunytune2 · April 10, 2016 12:17AM

Sell for sure . They just take up space now , no interest to me . I would rather use the funds towards other coin purchases that I enjoy , as little as those funds may be.

ricko · April 10, 2016 5:21AM

I have a couple of gallons of wheaties.... stacks of mint sets (proofs, uncircs)....been thinking of clearing it out.... maybe a massive BST unload in the future. Cheers, RickO

Shamika · April 10, 2016 5:38AM

I tend to keep super nice BU state quarters. Everything else goes.

cladking · April 10, 2016 6:53AM

Originally posted by: TopographicOceans

Getting rid of useless clutter is always a good idea.

The same thing applies to coins.

I bought some bags of SBA dollars from the mint in the 80's and took them to a coin shop to sell about 15 years ago. They had zero interest and said I should just deposit them in the bank.

So I went and listed them on eBay and sold them for a small premium over face value.

These are bringing a pretty good price now days.

...Go figure.

You were probably better off dumping them after figuring for inflation/ opportunity costs/ postage to ship them.

IrishMikey · April 10, 2016 7:00AM

One option for some of the stuff -- I have been giving out Wheaties and low-grade Buffalo nickels at Halloween for years, instead of candy. Most of the kids love them, and who knows -- they might produce a few collectors. Other than that, unless you have a corner in your basement that you can just pile up stuff in, move 'em out.

Cougar1978 · April 10, 2016 7:04AM

unless silver or gold dump all

WaterSport · April 10, 2016 7:32AM

Here is a classic situation of why many folks have an accumulation, rather than collection. While there are no rules in or hobby, a lot of folks think they are going to have something worth something someday...the reality is your extra stuff is holding you hostage from being bale to actually buy something for your collection you need. Dump it all.

WS

291fifth · April 10, 2016 7:47AM

Dump it and don't look back.

keyman64 · April 10, 2016 8:02AM

Originally posted by: mariner67

Dump it all.

+1

To save or not to save

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