Well guys, I think it's time. I've had a lot of fun here over the years and learned a lot about coins. Ancients were fun and all, but I just don't think they present the same investment opportunity that bullion and top-pop modern slabs bring. I mean honestly, who can look at some moldy old tetradrachm and compare it with a frosty, DMPL Ike dollar? No contest! So I'm selling it all. I'll probably put it in various auctions, mostly ebay. My plan is to split the earnings more or less evenly between top-pop Kennedy's and Ikes, and pour the rest into gold and copper bullion, while still keeping enough aside to buy as many of the new mint releases as possible. I might take a hit, but I'm sure I'll make it all back within the first few months. It's been fun.
Lol, Eng beat me to it. Come on Bill, not the strongest effort.... Detecto has a really good one going on right now, but I am not entirely sure it IS an April Fool's joke. Btw, in honor of us ancient geeks, can anyone tell what the origin of "April Fool's" is? Its actually more medieval than ancient, but close enough.
I thought you'd be liquidating it all and dumping the cash into Brilliant Uncirculated rolls of State Quarters! Now there's an investment! Of course people would have seen through THAT ruse even more quickly.
I wish I was as rich as you are. I've decided to do the same thing, except I'm going to be hunting through my loose change till I find that error that's worth billion and billions.
Thanks for saving me the time and effort, before I even got into it. If I come across an ancient, I'll turn and walk away swiftly. I mean, who needs a damaged coin that has a piece cut out of it. I can get a Lincoln cent that's been professionally clipped by the mint, instead. For all your advice and help, let me send you some colorful Canadian quarters. That'll start you off on the right path. http://trojaki.blogspot.ca/2012/06/tetradrachma-atenska-z-okresu.html
I fell for it until the write up got ridiculous but I have an excuse. Over the years I have known several people who worked for big coin dealers who sold off their collections and moved along into the business. Most notable, perhaps, were Kerry Wettstrom (once collected Alexandria; later bought the Celator) and Barry Murphy (Septimius Severus to VAuctions and Triskles Auctions). David Sear does not collect coins. The question is whether a dealer needs to collect or whether handling tens of thousands of other people's treasures is enough. I would have loved to have worked for one of the big boys and been able to flip decadrachms to see who goes out for lunch. I'd be broke now (even worse than I am) and I would have no coins to call my own. Hearing another 'numismatist' sold his collection was not all that far fetched.
I fell for it too, largely because I still read US coin forums and several people have sold their classic coins in favor of MS70 moderns...
According to The Simpsons, it has to do with people who still celebrated the new year in April as opposed to those who celebrated Jan. 1, but I don't know if that's true.