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Selling it all and starting over - Have you done it?

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  • ReadyFireAimReadyFireAim Posts: 1,835 ✭✭✭✭✭

    Cents
    Walkers
    world gold bullion
    saints
    The answer is yes but I kept one of the best of the earlier collections.
    Still love them all.

  • RayboRaybo Posts: 5,341 ✭✭✭✭✭

    Yes! And it was not my choice on one occasion.

  • savitalesavitale Posts: 1,409 ✭✭✭✭✭
    edited June 20, 2020 8:18AM

    @bidask said:
    Good news and bad news .

    I did that once and sold my entire US coin holdings fall 2016.

    I have more money in coins than ever before as I have been purchasing world coins especially Mexican 8 reales
    1823 -1897 .

    ( the entire series is only 1104 coins )

    I’m doing a registry 😄

    That will be a mighty impressive set when complete! This is along the lines of what I am thinking. In a way, there's nothing left to accomplish in US coins, unless you have millions of dollars to put in to it. So I'm looking at moving in a different direction.

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

    @Walkerfan said:
    I've never done that before.

    Only selling that I've done has been for upgrades and some duplicates.

    But I do know this:

    Once I sell.....That's it. I'm done.

    Why?

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

    @Raybo said:
    Yes! And it was not my choice on one occasion.

    Sorry to hear about that ...

  • bronzematbronzemat Posts: 2,666 ✭✭✭✭✭

    Yes, I had to sell the majority of my U.S. coins to pay for my grandmothers medicine, Zyprexa, after she hit her cap. I was really annoyed and bummed.

    Since her passing in 2012 I have slowly rebuilt the collection to mainly being my favorite types, some are even additions that I always wanted as a kid and never owned.

    It's a humble/budget-friendly collection, but I am happy & feel like it's complete.

    My U.S. coins are below:

    https://www.forumancientcoins.com/gallery/thumbnails.php?album=7351

  • HashTagHashTag Posts: 374 ✭✭✭✭

    I’m doing it now! And wow it’s invigorating. The hunt begins again. Except now with more money = nicer coins. I’m even attempting a digital album. Keep learning and keep moving forward.

  • WalkerfanWalkerfan Posts: 9,755 ✭✭✭✭✭
    edited June 20, 2020 11:08AM

    @savitale said:

    @Walkerfan said:
    I've never done that before.

    Only selling that I've done has been for upgrades and some duplicates.

    But I do know this:

    Once I sell.....That's it. I'm done.

    Why?

    Because, I really enjoy what I have and it would be too difficult and expensive to replace. To me that would be like demolishing a perfectly good house and then rebuilding it again. Makes no sense. Besides, I plan on going the Eric Newman route. :D

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • SmEagle1795SmEagle1795 Posts: 2,199 ✭✭✭✭✭

    @bidask said:
    Good news and bad news .

    I did that once and sold my entire US coin holdings fall 2016.

    I have more money in coins than ever before as I have been purchasing world coins especially Mexican 8 reales
    1823 -1897 .

    ( the entire series is only 1104 coins )

    I’m doing a registry 😄

    I did the same into ancients - it's dangerous!! (Although perhaps thankfully there is no registry set when you're this deep into the darkside).

    Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    I sold everything over a couple of years, until about six months ago, save for the bullion stuff, a few cool, favorite ancients and my glorious Box of 20 (actually: Box of 10+2 so far). I'm feeling much more streamlined; I enjoy frequently revisiting the coins I have, and it's all so much easier on the heirs!

  • santinidollarsantinidollar Posts: 1,056 ✭✭✭✭✭

    I’ve thought about selling all and starting over. Why bother though? I’d wind up buying my stuff back.

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭
    edited June 20, 2020 11:19AM

    Over the last few years I’ve slowly sold most of my stuff by private sale. I hope to sell the rest soon. It remains to be seen if I ever start over. There are too many concerns about market stability and market politics for me at the moment. I will reevaluate when the dust settles.

  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    edited June 20, 2020 12:07PM

    @savitale said:

    ... there's nothing left to accomplish in US coins, unless you have millions of dollars to put in to it. So I'm looking at moving in a different direction.

    Must be one hell of a collection millionS of dollars would be required in order to improve it!
    😉

    I've sold about 10% of my coins a couple of times over the years, and planning on doing it again pretty soon.

    It's a bit of work, but great to exchange dozens of nice coins for a couple of rare ones that I've dreamed of owning since i was 10.

    Liberty: Parent of Science & Industry

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

    I'm selling off my good stuff in a couple of weeks. All this unemployment doom and gloom has me concerned. May buy back later when economy gets back to pre march.

  • BobSavBobSav Posts: 937 ✭✭✭

    I've never sold everything but I have " walked away " from coins several times for years at a time,
    Bob

    Past transactions with:
    Lordmarcovan, WTCG, YogiBerraFan, Phoenin21, LindeDad, Coll3ctor, blue594, robkoll, Mike Dixon, BloodMan, Flakthat and others.
  • RarityRarity Posts: 1,450 ✭✭✭✭

    At one time, I had to beg my wife's niece to take my uncirculated 1896 and 1922-S silver dollars but she refused. In the end, she reluctantly took the 1896 dollar and gave me back my 1922-S. I also passed out 1958, 1961, 1962 proof Franklins to kids and gave away 1943 PDS zinc Lincoln cents in NGC-66, 1979-S PL PCGS-65 silver dollar, and 1963 PCGS PR-66 CAM Franklin. I did all that just to promote coin collecting :smile:
    Yes in 2005, I sold all of my gold coins ($10 Indian, $20 Liberty, $20 Saint G.) so that I could start from scratch. My only regret is I did not have the courage to take out a loan to buy a $30000 or $60000 $20 Liberty from Saddle Ridge hoard (I am a collector who only buy coins in the $3500 range or less).

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