Along the line of Sanction's post about profit

Wardhaines · June 26, 2008 4:23AM

My very first coins were 10 1972 Ikes given to me on my 10th birthday in 1972 by my grandfather. I have them to this day and I credit that as having sparked my collecting.
I have never sold a coin in my life and don't suspect I will until I turn selling into a hobby on retirement in about 25 years. At that point I feel I can't help but make money off of coins that I will have held for 25 to 60 years. I am fully aware that there is a probability of the "profit" will end upbeing a some what poor investment as compared other ways I could have invested but hey, I like coins.

My question is- How many of you haven't sold a one. I imagine those who haven't are like me and just in it for the fun (short term at least).

lasvegasteddy · June 26, 2008 4:33AM

#1 all the way here but i do have ones i plan on never sellin if that matters as i had to sell some to get um...;-)

10th birthday in 72' yup that's me too...i think i started at 8 on my granny's farm in desoto missouri

bottomline...we're all collectors...some of us is always trading this for that or that for this...some have spaklett bottles full and proud of it...truly though...there's not an issue

some i know are boustfull about never spending a dime as all they have is from circulation only

some i know are trading their way up to the top and with coins that never were in circulation or available to them to buy direct from the mint as they're older then them

some never will or did sell a single coin

some will sell a bunch

we're collectors at heart

as here we are at a pcgs forum

one last lil side note is in if no one was selling how are the y/n's going to behold the classics if all the oldtimers got them all snatched up and apparently we are both the same age and still having fun and enjoying it

ricko · June 26, 2008 4:50AM

I do not sell my coins.... bullion, probably, at some time. Cheers, RickO

Raybob15239 · June 26, 2008 4:54AM

I sell my duplicates whenever I upgrade. I don't need two, right? Besides, when I sell a coin, I have money to buy a new one. In addition, when I first started collecting, I had no focus, so I had a bunch of sets started and never finished. I also had allot of modern crap (commems). I liquidated all the stuff i decided I no longer wanted to collect and concentrated on Morgans. I still have my Peace, Ike and Anthony sets and will likely keep them, but everything else is fair game for liquidation. Next to go will be my Barber Dime set (mostly AG/G and missing all the keys) and my Washington Quarter set (all BU, but missing a bunch of coins from the 30s). I still want to hang on to by IHP and Buff sets, even though I'll never complete them.

clarkbar04 · June 26, 2008 4:56AM

I don't buy stuff to flip anymore, I only buy to keep and sell when I see something for sale that I don't immediately have the funds for.

lasvegasteddy · June 26, 2008 5:20AM

truly wouldn't a person devoid of all profit aspects of this hobby in the end sell them for original amount paid???

erroid · June 26, 2008 5:26AM

There isn't a single piece that I wouldn't sell for a profit; I hold onto some longer than others, but only to maximize the return, or because I forgot about owning it.

cladking · June 26, 2008 8:23AM

I try to trade things that are selling for way too much for things people are giving away.

Along the line of Sanction's post about profit

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