I'm getting worried. (sorta...kinda...but then again)
topstuf
Posts: 14,803 ✭✭✭✭✭
I had Russ dump almost ALL my fairly common coins (colloquially referred to as "dreck")
Then...... I culled a bunch a little bit later and took every coin that I didn't IMMEDIATELY ....pull out every time I lifted the lid on the box. And sent them to Great Collections.
THEN...... I have just recently pruned out duplicate.... DESIGNS! e.g. I sent the Capped Bust 5 away because I have the 10 and it's easier to see. And the heraldic eagle dollar cuz I got a small eagle to look at the design (love the draped bust design)
Oh, and the HE dollar even had a bean.
And now....................there's a COIN SHOW....TOMORROW.
And I'm saying, "meh" ![]()
Is this how the interest fades at the end?
The whole shmear was prompted by my reticence to hold on to coins during a period when not even the GRADE may hold.
While I never put the nest egg into coins, I just do not.....enjoy.....holding anything while its "value" is questionable.
And...... to me..... that is an intolerable situation and I am thinking it will be a VERY short time til I go....OUT
Waaaaahhhhhhh..... I loved coins for so damn long and now..... phffffftttt. ![]()
Comments
Please post a BST add when the $5 Capped Bust goes up.
Ah well, the world will probably "little note nor long remember" my 5-10k a month I was spending on coins.
Well NOT NO MORE !!
On a serious note, I do think early federal coinage is one of the areas where the supply is not likely to explode as few survivors remain. These are genuinely scarce to rare depending on the issue, even the so called "common dates."
Actually, it ...is... serious.
I'd estimate I've culled a conservative 40% of my stuff ....OUT.
Gone, done with....finito. SOLD!
And, strangely, with no regrets.
It went up last Sunday. It should soon be in the hands of a nice optimist.
Sounds like you have lost the collector gene along with most of the things that drive the members who still have it like:
Oh, wait - there is no mention of value here. That's what "good, solid. investments" are for.
PS Those who still have the gene will be glad your coins are back on the market!
I have no concern with an explosion of supply. My weird brain sees the "supply" coming from existing coins that are simply losing credence due to mistrust of the current "grade."
I could be wrong. I think not, though.
I haven't lost a SHRED of the collector instinct.
I have lost ...faith... in the durability of standards that have held but no longer do.
I have a cool 1914 Canadian $10 that should arrive today.
I'm redisovering an old flame that I had when I was an international antique TOY dealer with 4 page ads and attending shows that were pure fun.
I just got a new TOY car. That's FUN!
I'll still hold my coins with "panache" Like my Chain Cent. Lower grade and not CAC'ed but I don't care on that one because (in my mind) the Chain Cent transcends classification within its STRAIGHT grade and it would take a BEEG outlay to upgrade it even a tiny bit.
As I said, I have kept the Draped Bust stuff because I like the design.
And some other stuff.



Sans beans.
Concern about the value of your holdings, coins in this case would not be an influence in my holding or disposition of them. Coins at their best are little relics of history that we can claim ownership of for a time. Same is true at their worst.
Okay..... your gold star is on the way.
Now you can return to normalcy.
It was on the BST noting that it was at GC prior to the end of auction.
Sorry you missed it. VERY cool old gold toner.
Some people have graduated to collecting photos and other numismatic information instead of coins themselves.
I think he would prefer a gold CAC sticker.
Y-y-you mean.... LEARN STUFF? aaackkk.
Yes, and write books to share knowledge
Although I have for years kept a file of fantasy coin pix.
Very cool. I think a lot of people use Pinterest for that now
You are likely to find another niche in market where the economic returns ( losses) are in line with what you feel the enjoyment value is. Could be bullion coins , dark side coins, Dan Carr pieces, old school dansco 7070 etc. you have the collector gene, but you also have a perceived value gene... Many are in a similar boat. Love the coins, don't mind the hobby costing some $, but don't want to be played for a sucker.
I was hoping this was an April fools thread, but it's not April!

Nor is it fooling.
Great post!
Love the coins, don't mind the hobby costing some $, but don't want to be played for a sucker.
That's your real issue...I soured on coins as a younger man (before TPG) when I went to sell the MS 64s that I bought at the big NYC dealer and was told that they were only 63s and that they had problems and they were worth 50% than I paid for them...
It's OK to sell big parts of your collection. Really. Especially if you're becoming more selective.
pm sent.
It's always good to get rid of coins that don't hold your interests. There's no one more qualified to do that job than the guy who actually accumulated them.
My younger brother refurbishes Lionel train sets. I'm seriously thinking of having him put a nice set together for me. We had a couple sets when we were kids. My grandson is old enough now that he might like it.
I knew it would happen.
Collectors come, collectors go,
and some just peter out you know...
But coins will stay, through thick and thin,
Collectors out or collectors in....
In other words... the field of numismatics - and coins - will continue. When your interest returns, the coin market - and hobby - will still be there. Cheers, RickO
I guess I shouldn't have titled the thread "worried" because I am well aware of the motivation.
"Amazed" or "shocked"might be more accurate. I can hardly believe the QUICK turnaround in my mind re:my coins. I actually used to REGULARLY peruse the lot and my mental processes were fairly predictable and usual. I mean, POW.... don't care anymore. Wow! I would not have thought this possible.
As anyone who reads my posts knows, I see some dire consequences to the current sticker debate.
I can't think of ANY reason to be ...pleased... to have a factor that will just about "have to" be a negative on prices if not appearance.
Like I said, I never had the "family jewels" in my coins. But I had some confidence that the slabs pretty much guaranteed authenticity and grade (which determines price)
What's to keep a NEW service from being even STRICTER than CAC and convincing collectors that there is a NEW "standard of excellence" to reckon with?
I dunno. I just see a future fraught with more and more confusion and exclusion..
Just a ....personal.... "feeling."
So the COIN is no different. So, when does the sale of a coin one formerly considered "okay" or even "great" hinge upon whether someone else agrees with that assessment? How long til dealers get tired of lying or ...pretending .... not to KNOW whether said trinket has been submitted for scrutiny?
Yes. For me it has been SUDDEN."
And surprising. Dang. Never wudda thunk it a few years back.
But... MY.... interests have had a polar shift.
I held a golf club in my grip so much, I finally threw it in the freaking lake.
``https://ebay.us/m/KxolR5
I see so much in this thread . . . concerning the future of stickers but also a larger picture. I soooo much want to be positive, but I am a realist, and do coins for love and interest . . . not having a 'big' dog in the fight. I believe that gives me a bit of objectivity. Working within this hobby and enjoying it for the last 25 years seriously, and 50 years informally . . . . . I have a small bit of time involved. In that case, and with those caveats . . . . .
I am worried.
Drunner
If this came about all of a sudden it can come back just as quickly. Or not, who knows.
It sounds like you're worried about things out of your control so that being the case moving on sounds smart for peace of mind. Personally none of the things you worry about even cross my mind. The hobby, for me, will always be about finding coins I love and trying to buy them for a price I feel fair. Anything else is just noise and out of my control so I don't worry about it.
Like Eagle Eye or PQ?!
Relative to Eagle Eye, CAC is the new service. So there's nothing to prevent a new service but it needs expertise, money and general business savvy.
Well, philosophically, I'm hoping you are right. Coins have given me (or I've taken from them) decades of enjoyment, experience, and learning. It's also the reason I am ...holding.... STILL.... the coins that I really searched for a long time to find a satisfactory and even exceptional "look."
I ain't a-gonna do sumpin I'll regret as I ...have... done that before. Not to THIS extent, but welllll.....
I never expected this to happen, either.
Will you be selling your fantasy rounds that so many including the doer hype so much on here. And go to matching Hawaii shirts with the other dudes?
When I translate that, maybe I can answer it.
You did better than me from the big NYC store. When I was 16 years old, ~10 years before TPG's I bought two "Gems", a 91-CC Morgan and 21 Peace dollar. The 91- CC resides in a details holder and I lucked out with the 21, it's in a 62 holder.
IMO, if there is a "new" service, it is going to swing back to the time of "NO TRACE OF WEAR" as these truly Mint State coins are out there and should bring more of a premium than they do now.
You're absolutely right. I didn't read carefully enough. I think PQ is newer than CAC, but still not new in a strict technical sense.
I don't play flip, dip or snipe. I don't like to buy, sell and gripe.
I buy what I like..I don't give a damn if it's worth more or less in the future.
This is a hobby to me...........and one I truly love,
Pete
All 11 of them?

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This is from a different perspective, though it relates to people questioning continuing in the hobby.
It is an old thread titled "The scary place" from 2009 that always stuck in my mind. Particularly because of experiencing at shows more than once a feeling similar to what SeaEagleCoins described well at about the 7th post down. It is quoted after the link. The rest of the thread is also quite interesting to me.
The occasional different perspective described and questioning collecting (and more) is something I think is a healthy thing now and then. Time will tell whether your view is a permanent change away from coins starting or just something temporary or a change into a whole different but related direction.
A number of times I have looked at coins thinking "what are these round things and why would I even want to own them" only to quickly become interested after a few moments. So I guess a change away from collecting could happen very fast.
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The 'scary place'
https://forums.collectors.com/discussion/734333/the-scary-place/p1
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SeaEagleCoins posted August 13, 2009
Reminds me of a show several years ago... I had a short lull of activity at my table and was able to just watch... folks prowling the aisles... deals going on... all the "action"... and I had no emotions involved... just a casual observer...
And suddenly...the whole scene just looked absurd to me... people with money in cases being sold to other folks for other money... and knowing that if push came to shove... no one could eat any of it... it was just metal and paper except for the fact that a bunch of folks had decided it was worth more than that...
I started chuckling...and said outloud to no one in particular... "Gotta love this country... we have so much affluence that we actually pay money to buy money" and then laughed a little louder... some folks nearby heard me and looked at me like I was carrying the plague or something... another person just smiled... and the dealer across from me hasn't talked to me ever since that day...
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"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
Good thing all your posts are crystal clear.
Sometimes the toves get all slithy.
Actually, there may be some denominations, dates, and mints with only eleven coins with no trace of wear. As you know, for many others, there are NONE!
The fact that you are the major contributor of your own thread kind of implies that you may not believe it is as dead as you expected. Like who bought all those coins you sold?
sweet moffat
Yeah, that's true. Maybe more an attempt to convince myself that this is what I ....want... to do.
So far, that's as true as it can get, but as you note, the acquisition was a process of too many years to just blithely walk away from.
But... that ...may.. be on the way. *
Too soon to tell. I don't "miss" what I have sold. Doubt I will. THAT is at least some progress.
*I'm still not motivated to even LOOK at what I've kept. VERY strange.
IT IS STAYING !!!!


i'll be sure to look out for that one when it comes up for sale
Sorry to hear about your declining interest. Personally, I have a few hobbies or passions (aside from work) and when one becomes a bit stale, I focus more of my attention on another. I think many people with that enjoy coins have the inclination to pursue many forms of entertainment that falls under the umbrella of collecting. So if it were me, I'd leave my core coins in the bank/safe, think of some of the other interests I've thought about pursuing in the past and give them a shot. If in a year or two you still have no desire to pursue coins, consider letting the rest go.