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Do you hoard coins? What types? Why?

rmorganrmorgan Posts: 249 ✭✭✭✭
edited November 26, 2018 9:38AM in U.S. Coin Forum

They say coin collecting is about assembling a set of coins (type set, year/mint, theme, error coins, etc.).

In contrast, coin hoarding is about saving every attainable coin (typically of a type that is no longer made or seems scarce) with no plan of assembling it into anything and no concept of a goal or completion. Examples: wheat leafs, a box of buffalo nickels, multiples of the same variety such as a small date or “Bugs Bunny” Franklins.

I always throw a new-found wheat leaf in a box, but I have no plans for them. I just gained access to a number of silver coins, and I am fighting the urge to hang on to them even though I don’t need most of them for my sets.

Do you hoard anything? If so, what? Why do you keep coins that have no planned place in your collections?

My strategy is about collecting what I intend to keep, not investing in what I plan to sell.

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Comments

  • AlongAlong Posts: 466 ✭✭✭✭

    Silver Roosevelt dimes

  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭

    Yes :/

    08, 09 S mint IHC in 63/64 RB. Lots of red.

    1921 Peace 1$ struck with proof dies. With booming luster. MS60 to MS63.

  • 1630Boston1630Boston Posts: 14,095 ✭✭✭✭✭

    I recently 'disposed' of my hoarded coins :smile:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko

    Bad transactions with : nobody to date

  • CCGGGCCGGG Posts: 1,267 ✭✭✭✭✭
    edited November 26, 2018 12:33PM

    When I started collecting I thought quantity was the way to go, now I realize it's quality. 40+ years ago, I'd estimate that I had at least 10,000 coins that I called my collection. Now, (excluding SE's) I'd estimate my collection has shrunk by over 95% in numbers but those are now hoarded.

  • MattTheRileyMattTheRiley Posts: 806 ✭✭✭✭

    Gotta catch em all!

  • rmorganrmorgan Posts: 249 ✭✭✭✭

    I've come to believe that my instincts of hanging on to anything that seems scarce is to my detriment. I recently sorted through a few hundred Walking Liberties, and while that was a lot of fun, the urge to hang on to all these has no focus - How many multiples of a given date do I need? So I'm trying to convince myself to set goals and focus on collecting sets, then letting go of all those extras. Letting go of what I have is not easy for me.

    My strategy is about collecting what I intend to keep, not investing in what I plan to sell.

  • Cougar1978Cougar1978 Posts: 8,612 ✭✭✭✭✭

    Slabbed MWG close to melt and Classic Commems - Oregon, Texas, Long Island, Civil War Issues favorites

    Coins & Currency
  • privatecoinprivatecoin Posts: 3,559 ✭✭✭✭✭

    Yes. Anything with melt value, a bonus with numismatic value.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • MoldnutMoldnut Posts: 3,112 ✭✭✭✭

    I look out for 1916 dimes and 1917 T1 quarters.

    Derek

    EAC 6024
  • CladiatorCladiator Posts: 18,156 ✭✭✭✭✭

    Ikes

  • BarberianBarberian Posts: 3,883 ✭✭✭✭✭

    @MorganMan94 said:
    I can never pass up Columbian halves that are cheap... Purchased #500 just a few weeks ago.

    You too?! I use them as fillers for my Dansco half dollar albums when the only example of a date is in a TPG holder. I may buy a blank Dansco album for halves and fill it with nice circulated Columbian half dollars.

    3 rim nicks away from Good
  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
    edited November 26, 2018 6:44PM

    Yes for anything and everything pretty and because it satisfied my fancy ;)

    <3Pretty hoarder <3

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    :D ....... and Oh .... I always managed to make room (place) for it :*

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Presently hoarding only pre-1834 US gold coins. One day they'll be worth a bundle !
    ;)

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    @Along said:
    Silver Roosevelt dimes

    So you are the one! ;) Do you have any varieties?

  • savitalesavitale Posts: 1,409 ✭✭✭✭✭

    I'm not a hoarder. But I have seen a few estate sale coin auctions where the owner clearly had hoarding tendencies. Hundreds of rolls of 90%, circ Lincolns, a dozen albums of Franklin halves, etc. I hope they brought joy to their owner.

    LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album

  • jedmjedm Posts: 3,113 ✭✭✭✭✭
    edited November 26, 2018 9:00PM

    Yes, the round kind, and why not? (Edited to add what type)

  • SethChandlerSethChandler Posts: 1,719 ✭✭✭✭

    Sometimes it hard to say no. When you collect something, its hard to say no when you come across an extra or another, because you appreciate how tough they are.

    Collecting since 1976.
  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    Yes-to a small degree. I have my share of colorful 1913 Variety One Buffs.

  • OKbustchaserOKbustchaser Posts: 5,537 ✭✭✭✭✭

    Comment from my first (late) wife at a coin show with me..."But Sweetheart, didn't they make those coins any other year?"

    Yes, I have a problem with 1827 half dollars.

    Just because I'm old doesn't mean I don't love to look at a pretty bust.
  • rmorganrmorgan Posts: 249 ✭✭✭✭
    edited November 27, 2018 7:09AM

    @koynekwest said:
    Yes-to a small degree. I have my share of colorful 1913 Variety One Buffs.

    Maybe that is not hoarding. Maybe it is a set -- a set purposefully comprised of toned 1913 Variety One Buffaloes. Seems to me to be eye-appealing, impressive, and meaningfully themed.

    My strategy is about collecting what I intend to keep, not investing in what I plan to sell.

  • ReadyFireAimReadyFireAim Posts: 1,832 ✭✭✭✭✭
    edited November 28, 2018 9:41PM

    I have this compulsion regarding the 1920 saint.
    Fortunately, most of them look like doggy-doo-doo.

    My Saint Set

  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    @rmorgan said:

    @koynekwest said:
    Yes-to a small degree. I have my share of colorful 1913 Variety One Buffs.

    Maybe that is not hoarding. Maybe it is a set -- a set purposefully comprised of toned 1913 Variety One Buffaloes. Seems to me to be eye-appealing, impressive, and meaningfully themed.

    I guess that could be true.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I collect coins... I have done sets and series... I now collect what attracts me. That being said, I do not sell coins... So, does that make me a hoarder? Actually, I do not give an obese rodents derriere what anyone calls me... :D I just enjoy collecting coins...and will continue. ;) Cheers, RickO

  • lkeneficlkenefic Posts: 8,279 ✭✭✭✭✭

    When I was "the tooth fairy" I used to accumulate vf to au Morgans, Peace dollars, and halves. Once silver got to over $30 / oz, the hoard went away...

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    I do not really hoard, but I do consider myself a Market Maker in a very few select major error types :o

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    I used to hoard 1876 3 cent nickels.
    I don't recall how it started but eventually I stopped and dribbled them out a few at a time.
    I did OK in the long run with them but probably could have done better with something else.
    Then I went through a period of grabbing every nice coronet head 1/2 cent that was priced reasonably and had original chocolate color.
    I did better with those.
    And let's not bring up the 1973 Ike's......oops.....I did it again lol

  • SoldiSoldi Posts: 2,177 ✭✭✭✭✭

    I once owned more of these............last coin I could find to fill a Dansco years ago in EF -AU condition. Found that coin raw in Baltimore.........I probably have more.
    _All I can add is .......don't go in or near coin collecting establishments, don't associate with known collectors.......etc.
    _

  • COCollectorCOCollector Posts: 1,343 ✭✭✭✭✭
    edited December 1, 2018 1:32PM

    Hoard coins? Not so much. Lots of half dollars, but I wouldn't call it a hoard. Few duplicates. And very few sacred cows... buy, sell and trade. It's a hobby.

    Even my "collection" of various silver bullion isn't much of a hoard. And they hold no sentimental value: When silver hits $30/oz, I'll sell.

    OTOH, I've got quite a hoard of tools. Gotta keep it all don't-ya-know.

    Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, coin22lover, coinsarefun, jwitten, CommemKing.

  • blitzdudeblitzdude Posts: 6,309 ✭✭✭✭✭

    Yes, gold ones, the obvious

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    Yes!
    Mostly Barbers.

    Dimes: 3,122 pieces, including 9 complete sets, various grades.
    Quarters: 2,859 pieces: including one complete set, 1896 S #33 pieces, still shooting for a full roll; 1913 S #13 pieces
    Half Dollars: 2,232 pieces, including: #24 pieces: 1914 P.

    So, do I hoard: yes.

    and other sets.

    all in the bank

    Frank

    BHNC #203

  • MWallaceMWallace Posts: 4,291 ✭✭✭✭✭

    @MorganMan94 said:
    I can never pass up Columbian halves that are cheap... Purchased #500 just a few weeks ago.

    I too hoard Columbian Expo Halves, though I don't have anywhere near the 500 that MorganMan94 has.

    http://www.SmallDollars.com
  • ARCOARCO Posts: 4,422 ✭✭✭✭✭

    @Treashunt said:
    Yes!
    Mostly Barbers.

    Dimes: 3,122 pieces, including 9 complete sets, various grades.
    Quarters: 2,859 pieces: including one complete set, 1896 S #33 pieces, still shooting for a full roll; 1913 S #13 pieces
    Half Dollars: 2,232 pieces, including: #24 pieces: 1914 P.

    So, do I hoard: yes.

    and other sets.

    all in the bank

    Dang! I knew there was at least someone out there hoarding Barber coins. And here I thought I had a problem hoarding Barber halves. I am not even in the same hoarding universe as you.

  • UnknownUnknown
    This content has been removed.
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    I got ya beat on Half's and mine are all PCGS graded! B)

    @Treashunt said:
    Yes!
    Mostly Barbers.

    Dimes: 3,122 pieces, including 9 complete sets, various grades.
    Quarters: 2,859 pieces: including one complete set, 1896 S #33 pieces, still shooting for a full roll; 1913 S #13 pieces
    Half Dollars: 2,232 pieces, including: #24 pieces: 1914 P.

    So, do I hoard: yes.

    and other sets.

    all in the bank

    @Treashunt said:
    Yes!
    Mostly Barbers.

    Dimes: 3,122 pieces, including 9 complete sets, various grades.
    Quarters: 2,859 pieces: including one complete set, 1896 S #33 pieces, still shooting for a full roll; 1913 S #13 pieces
    Half Dollars: 2,232 pieces, including: #24 pieces: 1914 P.

    So, do I hoard: yes.

    and other sets.

    all in the bank

  • savitalesavitale Posts: 1,409 ✭✭✭✭✭

    @Treashunt said:
    Yes!
    Mostly Barbers.

    Dimes: 3,122 pieces, including 9 complete sets, various grades.
    Quarters: 2,859 pieces: including one complete set, 1896 S #33 pieces, still shooting for a full roll; 1913 S #13 pieces
    Half Dollars: 2,232 pieces, including: #24 pieces: 1914 P.

    So, do I hoard: yes.

    and other sets.

    all in the bank

    Yup, 8,000+ Barbers, that's a hoard. I very much respect that hoard.

    LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album

  • savitalesavitale Posts: 1,409 ✭✭✭✭✭

    @CharlotteDude said:
    I have a thing for Half Eagles

    OK, now I want to hoard a little.

    LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @CharlotteDude said:
    I have a thing for Half Eagles

    Impressive.

  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    @ARCO said:

    @Treashunt said:
    Yes!
    Mostly Barbers.

    Dimes: 3,122 pieces, including 9 complete sets, various grades.
    Quarters: 2,859 pieces: including one complete set, 1896 S #33 pieces, still shooting for a full roll; 1913 S #13 pieces
    Half Dollars: 2,232 pieces, including: #24 pieces: 1914 P.

    So, do I hoard: yes.

    and other sets.

    all in the bank

    Dang! I knew there was at least someone out there hoarding Barber coins. And here I thought I had a problem hoarding Barber halves. I am not even in the same hoarding universe as you.

    :)

    Frank

    BHNC #203

  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    @amwldcoin said:
    I got ya beat on Half's and mine are all PCGS graded! B)

    @Treashunt said:
    Yes!
    Mostly Barbers.

    Dimes: 3,122 pieces, including 9 complete sets, various grades.
    Quarters: 2,859 pieces: including one complete set, 1896 S #33 pieces, still shooting for a full roll; 1913 S #13 pieces
    Half Dollars: 2,232 pieces, including: #24 pieces: 1914 P.

    So, do I hoard: yes.

    and other sets.

    all in the bank

    @Treashunt said:
    Yes!
    Mostly Barbers.

    Dimes: 3,122 pieces, including 9 complete sets, various grades.
    Quarters: 2,859 pieces: including one complete set, 1896 S #33 pieces, still shooting for a full roll; 1913 S #13 pieces
    Half Dollars: 2,232 pieces, including: #24 pieces: 1914 P.

    So, do I hoard: yes.

    and other sets.

    all in the bank

    all graded?

    Wow, that takes up a LOT of space.
    :)

    Frank

    BHNC #203

  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    @savitale said:

    @Treashunt said:
    Yes!
    Mostly Barbers.

    Dimes: 3,122 pieces, including 9 complete sets, various grades.
    Quarters: 2,859 pieces: including one complete set, 1896 S #33 pieces, still shooting for a full roll; 1913 S #13 pieces
    Half Dollars: 2,232 pieces, including: #24 pieces: 1914 P.

    So, do I hoard: yes.

    and other sets.

    all in the bank

    Yup, 8,000+ Barbers, that's a hoard. I very much respect that hoard.

    T/Y

    Frank

    BHNC #203

  • SurfinxHISurfinxHI Posts: 2,522 ✭✭✭✭✭

    Unopened GSA morgan dollars with original mailing labels.....

    Cant resist them....

    Dead people tell interesting tales.
  • FranklinHalfAddictFranklinHalfAddict Posts: 686 ✭✭✭✭✭

    @Treashunt said:

    @savitale said:

    @Treashunt said:
    Yes!
    Mostly Barbers.

    Dimes: 3,122 pieces, including 9 complete sets, various grades.
    Quarters: 2,859 pieces: including one complete set, 1896 S #33 pieces, still shooting for a full roll; 1913 S #13 pieces
    Half Dollars: 2,232 pieces, including: #24 pieces: 1914 P.

    So, do I hoard: yes.

    and other sets.

    all in the bank

    Yup, 8,000+ Barbers, that's a hoard. I very much respect that hoard.

    T/Y

    11,000 to be more precise but not exact.

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