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JRH · June 16, 2011 12:54PM

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AUandAG · June 16, 2011 1:01PM

I sold off a complete Morgan set, less the '95, in the past year. Took decades to put it together. Do I have
seller's remorse? At first yes, big time, but then as time went on I became quite comfortable with the money
in the bank. Paid the mortgage down big time and now the monthly P&I is $211. I feel like I did the right
thing in selling. I'm still collecting just going in a different direction (CC gold). Never gave up the urge for
nice or rare coins!

bob

truthteller · June 16, 2011 1:20PM

<< I've put my Toned Morgan collection up for auction. It took me many years to put the collection together and a couple of them are unique "one of a kind" coins. I'm not sure but I may be getting "seller's remorse". Anyone ever sold some "one of a kind" pieces and later regretted it. Did you ever pull them from the auction or buy them back ?

I had originally collected them to leave to my children, but none of them was ever interested in coins and they are now grown and still not interested. Oh well, it's probably too late to do anything now. Any perspectives or thoughts welcome. Thanks. >>

I placed some "one of a kind" coins up for auction. I was very, very sad to see them go. Then, I got the check from Heritage for megabucks and wasn't so sad anymore.

TRUTH

derryb · June 16, 2011 1:30PM

where might one view your collection?

keyman64 · June 16, 2011 1:40PM

One idea is to keep ONE or TWO prized examples of what you built and sell the rest. That way you get the best of both worlds...a bit of a compromise?

crypto79 · June 16, 2011 1:40PM

I sold my gold type set to buy trade dollars and then proceed to see gold go from 500$ an ounce to .............

JRH · June 16, 2011 2:01PM

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lava · June 16, 2011 2:42PM

Don't sweat the small stuff. The next great coin is always just around the corner.

MercCrazy · June 16, 2011 2:46PM

<< 

<< where might one view your collection? >>

Is it OK to mention the particular auction on this board......I don't want to break the rules. Or, should I just answer PM's. >>

Put a thread in the BST... anybody interested will know where to look.

coindeuce · June 16, 2011 2:47PM

<< 

<< where might one view your collection? >>

Is it OK to mention the particular auction on this board......I don't want to break the rules. Or, should I just answer PM's. >>

There is no restriction on providing a link to the auction website from a BST post.

JRH · June 16, 2011 2:56PM

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ricko · June 16, 2011 11:07PM

No sellers remorse here... I have never sold a coin...

Cheers, RickO

JRH · June 17, 2011 2:06AM

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LotsoLuck · June 17, 2011 3:19AM

It has been said that the selling of coins is part of collecting. A way of understanding the full spectrum or something like that.

Raybob15239 · June 17, 2011 4:40AM

Of course you feel some seller's remorse. Its only natural. I have sold coins that I kicked myself afterwards, but I moved on. I have never regretted selling a coin once I got pas the first couple of days of thinking that I should not have... Are there some I wished I had back? No, not really. Then again, I've never sold a coin that I was "emotionally invested" in. I would have serious seller's remorse if I sold any of my VAM discovery coins... and I would have deep, deep regret if I ever sold this one particular heavily circulated common date Morgan (that was my grandfather's and my very first Morgan that got me started collecting.)

Bear · June 17, 2011 4:44AM

I do not think that there is a single coin collector that has regretted selling

a favorite coin probably many more times then once. However, the reason is

usually a matter more important at that time then the need to retain the coin.

We always seem to be running out of money just as some major and somewhat

unexpected event raises its head. Sometimes the expense is for a happy thing

and sometimes the expense is for a not so happy thing. But there are always

new coins to buy and new favorites to make.

ctf_error_coins · June 17, 2011 4:52AM

The only coin that I have sold that I really liked was my 2006 American Buffalo Gold Proof.
I sold it to help pay for the coin below which I really, really like.
I also realized that the gold buffalo was just a widget.
So no regrets here.

yellowkid · June 17, 2011 4:59AM

<< One idea is to keep ONE or TWO prized examples of what you built and sell the rest. That way you get the best of both worlds...a bit of a compromise? >>

I have done that through a number of different types of collections, I have examples from things I haven't collected in ten years, but just a few from each. I highly recommend it!

JRH · June 18, 2011 10:54AM

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JRH · June 23, 2011 4:46AM

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TomB · June 23, 2011 5:15AM

There are some beautiful and truly unique coins in that group; good luck with the sale.

JRH · June 23, 2011 10:57AM

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halfcentman · June 23, 2011 11:22AM

<< I've put my Toned Morgan collection up for auction. It took me many years to put the collection together and a couple of them are unique "one of a kind" coins. I'm not sure but I may be getting "seller's remorse". Anyone ever sold some "one of a kind" pieces and later regretted it. Did you ever pull them from the auction or buy them back ?

I had originally collected them to leave to my children, but none of them was ever interested in coins and they are now grown and still not interested. Oh well, it's probably too late to do anything now. Any perspectives or thoughts welcome. Thanks. >>

IMHO, NEVER leave your coins to your kids if have zero interest. If it is auction-quality material and substantial, make sure you sit in the back of the room so all of your friends don't "disappoint" you!

Having control over disposing of your collection if at all possible is the best way to go. Even with the most meticulous plans, there are many nuances to selling that your family will not know about, and it's easily exploitable by even the fairest of dealers and entities.

Of course, if that's the case, I would recommend highly a trusted individual to act as your representation in these matters if something happens to you suddenly.

I know of a case of an auction that was held almost 10 years ago by a reputable firm (please do not ask me to mention any more). The estate was offered the services of a highly-respected numismatist, now deceased. If they had paid his expenses and modest me, they would have made it 20 times over.

Greg

JRH · June 24, 2011 2:35PM

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JRH · July 7, 2011 11:30AM

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