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US Coins Forum This forum dedicated to the discussion of United States Coins.

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Old 06-21-2008, 03:33 AM   #1 (permalink)
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Need a little help on a dicision...

Well, it seems I've totally lost intrest in collecting coins. I hardly ever even glance at the coins I have, let alone check every penny I see like I used too. Now heres the debate.


To sell or not to sell?

I could keep for years and give to children, grandchildren, neighborhood kids, ect, but we just moved, and my mom could really use the extra cash.

So. What to do?

Thanks,
Grant
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Old 06-21-2008, 03:58 AM   #2 (permalink)
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Originally Posted by Grant View Post
Well, it seems I've totally lost intrest in collecting coins. I hardly ever even glance at the coins I have, let alone check every penny I see like I used too. Now heres the debate.


To sell or not to sell?

I could keep for years and give to children, grandchildren, neighborhood kids, ect, but we just moved, and my mom could really use the extra cash.

So. What to do?

Thanks,
Grant
If you need the money and dont have an interest in coins anymore sell them. Just make sure you do your homework and get the max value possible out of your coins
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Old 06-21-2008, 04:23 AM   #3 (permalink)
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My advice: Sell 9 out of every ten coins you own. Keep your best ones.

Good luck in whatever you do...Mike
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Old 06-21-2008, 08:46 AM   #4 (permalink)
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I agree with leadfoot, keep a few of the better coins. And maybe one day you will be interested again. If you read a lot of the intros - they start out - "I use to collect and now I am getting back into it". You would have a good place to start.
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Old 06-21-2008, 09:52 AM   #5 (permalink)
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All smart advice above. If you don't at least save a few, I guarantee you will regret selling all. It took me 40 years to return to the hobby and I realize that is forever, but you may take considerably less time to remember your former passion. Once you do, you'll be glad to save a few things that gave you fond memories and is a connection to your past.
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Old 06-21-2008, 10:39 AM   #6 (permalink)
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keep a few of the better coins. And maybe one day you will be interested again
I agree 100%
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Old 06-21-2008, 05:24 PM   #7 (permalink)
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its a same to see you go, I enjoy your posts. I agree, keep a few of the better ones, that way if you come back to it, Youll have a nice stepping stone, and you wont be kicking yourself for selling a 400 dollar coin "back then" instead of the new 1200 price tag
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Old 06-21-2008, 05:27 PM   #8 (permalink)
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If you dont need the money dont sell !!!! I think you will always regret it.
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Old 06-21-2008, 06:54 PM   #9 (permalink)
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If you dont need the money dont sell !!!! I think you will always regret it.
THANK YOU. Cheryl
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Old 06-22-2008, 02:09 AM   #10 (permalink)
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Yeah, I've got some presidentail dollars slabbed and certified, some mint condition quaters and a 1943 mint steel penny (I'm not good on Grading). So I could keep those.


Thanks for the help guys.

Maybe I'll be back in a week, month, or a couple of years. We'll see
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Old 06-22-2008, 02:26 AM   #11 (permalink)
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I agree with not selling. I sold some of my better coins many many years ago and I regret it now.
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Old 06-22-2008, 02:34 AM   #12 (permalink)
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Unless you really need the money because you can't make ends meet, Don't sell your collection. As far as not being interested in coins as long as there is a "spark" left in you it coulld become a "fire"
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Old 06-23-2008, 12:07 PM   #13 (permalink)
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Hobbies interest

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Originally Posted by Grant View Post
Well, it seems I've totally lost intrest in collecting coins. I hardly ever even glance at the coins I have, let alone check every penny I see like I used too. Now heres the debate.


To sell or not to sell?

I could keep for years and give to children, grandchildren, neighborhood kids, ect, but we just moved, and my mom could really use the extra cash.

So. What to do?

Thanks,
Grant
Grant, human nature that hobbies come & go... I've had hobbies that I just lost interset in and usually a lot of money invested. I sell to some-one into that hobby and move on. COINS however, are an investment as well as hobby. Good Luck, Ozark
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Old 06-23-2008, 12:43 PM   #14 (permalink)
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COINS however, are an investment as well as hobby. Good Luck, Ozark
Ozark:

I cannot disagree more. Coins are NOT an investment but a hobby. It is those that try to make money on coins that typically end up losing it. Collect what you like and if it's value never changes or goes down, you always have something that you like. Most other scenarios leave you with less than you started. If you collect to make money, chances are, you will lose on the deal. There are dealers losing money every day on coins, and they have a wealth of knowledge.

I personally almost never sell coins and therefore will leave the value of my coins to my heirs, they will be the ones to determine what type of investment I made.
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Old 06-24-2008, 12:21 AM   #15 (permalink)
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I buy/sell ...

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Ozark:

I cannot disagree more. Coins are NOT an investment but a hobby. It is those that try to make money on coins that typically end up losing it.
It began as a hobby/collecting, then become a means of extra income buying/selling. I invest money into coins that I'm sure will resell for profit. I collect for fun . I invest for profit. Coins at bargin price don't come easy. Ozark

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