I never thought this day would come(sell my entire collection?)

Perhaps you have a family member that would purchase your coins from you for a period of time, in other words sort of like collateral for a loan. Maybe your ...wife... can get rid of the payment by getting rid of the car and opting for something more affordable. Part of letting go I imagine is putting your hand over your mouth and letting her make a plan without your involvement.

So, back to the coins, perhaps a family member, a friend, or your local coin shop, would make the loan based on the collateral of the coins, with a set time at which you purchase them back. Perhaps your mom or dad..

Good luck, and gee, you cleaned your house 7 times? Don't do that!!!!!!!

 

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Perhaps, you should get a loan. If there isn't a physical place near you, then consider that there are several businesses that offer the service through the Internet. (Personally, I would go to locate an intractable usurer in an attempt to negotiate a successful loan.)


EDIT: prior to this post, I didn't read post #21 conversing about a loan...sorry! (My ascendant in Sagittarius damaged me.)

 

Sagittarius? Gosh Porsche, that's ME!

(Sorry, just had to say so!)

 

Ok, I see that I put way too much story into this post. How's this;
I need to sell all of my coins at no profit, but not too great a loss. I'm ok with selling them all, because it would be a welcome challenge to start a whole new collection with more knowledge & a unified direction of interest. Thanks for all the advice folks.

 

In your collection what type of coins do you have?

 

Well, alot of people have been telling you don't sell your coins. How about if you just sell the bullion and/or junk silver? Would that possibly be enough? That stuff is easy to move. And it is easy replaceable. The coins that have more value as a collectible could be a little harder to track down if you're ever trying to rebuild your collection.

 

Quite the hodge podge really, your usual Morgans, peace, ikes, trades. A few bust halves, a lot of every half from seated on to current. same for quarters, dimes, & half dimes. handful of trimes & 3c nickels, lots & lots of nickels. Cents/half cents from 180? on up. 15 or so varied whitmans, couple shoe boxes full of proof sets/mint sets. couple shoeboxes full of wheats. some errors. some nice Brazillian silver, some other foriegn 19th 20th century silver. 1883 kingdom hawaii dime/quarters, Shoebox full of rolls, that may scratch the surface. heck, I don't know. I never got around to cataloging on a spreadsheet, just dozens of notebooks.

 

But, I want to sell it all. I may keep one random coin, just like a little spark to keep the gods happy, LOL

 

I like post #21 by Lucyray. Sounds like a great idea to me. You'll get the cash you want now and still be able to retain possession of your coins later. Try that first. Right now, I'm afraid your decisions may be structured on emotions rather than logic which shoots your vulnerability meter through the roof. And as mentioned earlier, there is the option of selling to CoinTalk members which would take some time for transactions to be completed, but at least you'd get an honest deal. So, just would hate to see you lose your collection and you be sorry for it later. Giving up your collection is only going to cultivate more remorse and resentment. A little now, much more later.

 

Sorry to hear about your ex's problems. Trust me, I went through a similar issue years ago and I can feel the stress in your posts. I suggest you take care of yourself otherwise you're gonna lose too much $$ and then your gonna kick yourself in the bum later. It may be better just to focus on yourself and stay away from her as much as possible. I know you want to help her and that's fine, you can still help her. I'm just sayin', don't throw her a life preserver just yet. Wait until her car payment is due and be ready to help. Let's say you buy her a $1000 car, she will still have the car payment to make and you will still be there for her to ask for help. It just sounds like she's already worked you over so it's time to stop treating her like it's alright. Help her when she needs it. By buying her a $1000 car you're solving or trying to solve her problem. My ex left a trail everywhere she went and your ex doesn't sound any different. good luck, whatever you decide.

 

Zach, i think the best thing for you to do now is to get a lawyer and tell him all your issues.. We may not be able to help you here, all we can do is give you some words of encouragement.. and still the decision will be all laid in your hands.. I feel for you man.. but I think this is not the best place to talk about this.. sorry for that, but that will be the most appropriate thing I can say to you.. :thumb:

 

I don't like this situation. It sounds to me like you need to put on the brakes and think about it a little more. Any time I hear about someone selling coins to create a short term fix, I have to wonder what the long term result will be. You can't control her job situation. If you sell a bunch of your collection in a rush (at possibly a loss) to cover her car this month, what will she do next month? Or 6 months from now? If she ends up losing the car 6 months from now anyway and you sold a bunch of your stuff so she could have it for one more month, I would think you're not going to be a happy camper.

I can't even get myself to sell coins to pay for other hobbies where I would benefit myself! lol I always find an excuse for why something can't be sold, like a hoarder. When stuff comes up, I pretty much treat it like the collection does not exist.
My other hobby is trying to keep enough cash and credit on hand so that I don't need to sell anything for whatever comes up. Some spend every last dime on their collection and then have to sell the moment a car repair comes up or they need a new appliance. I won't do it because I don't want to sell my 'real' money.

Good luck with this though. I believe you need to think longer term. Not just this month. We don't need to know but I'm left to wonder what the cause of the separation is about? She had a place to live. Did you initiate this and now you feel guilty? If she initiated it, I wouldn't sell a penny. Also, if she lets the bank know what's going on it may buy her some time, depending on the bank.

 

craigslist is the fastest way. you will just have to deal with lowballers trying to find a deal though. i sold about 23k retail for 20k in under two weeks.

 

I don't know if your divorce is final, or if a court has divided the property as you said (below), but if what you wrote is accurate and final in the courts, in my opinion, you owe her nothing. It sounds like she has already misappropriated and wasted a lot of money. She's a big girl now. Let her stand or fall on her own. Any obligation you may have had is over now. You have no guilt in the outcome. Keep your coins. If you give in on this, she'll just keep riding you until you, too, have nothing.

 

Divorce sucks...been there.

I would say, keep your collection. Throwing money towards first & last month rent on an apartment for her is really stupid if she has no job. As for buying her a car for $1k, if you really thinks it would help her some then do it if you want to.

What happens to the current car (the challenger)? Are you going to keep it and make the payments? Is it going to get repo'ed or turned in? If you cosigned, you are responible also.

 

I just had another thought. She doesn't want to be with you, but still needs and wants your wallet? If this is the case, she's a (ab)user.
If you allow her to use you like that, well, enough said.

 

Yes, keep your personal problems off of public forums. I come here to discuss coins, not to read a Dear Abby column.

 

then dont read it.

 

It's just as easy to say, then don't post it. We could go back and forth all day. The wise decision is, leave it off a "coin" forum that is actually public to the world.

 

One can't know what to read and not read until one reads it.