Any other coin collectors never sold a coin?

I sold off pretty much my entire collection when I was a kid. I didn't have much, but I got into model trains and airplanes, and there was this guy down the street from my house who would buy silver.....

I began collecting again in my early twenties and have never sold a coin since. Pretty much every one has a reason for being in my collection, and I'd rather just buy another one than part with what I already have.

 

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like others i have never sold a coin traded some gave some away .mostlywhen they get home they are home to stay. at least until i ame gone and my wife and kids can decide what to do with them then.

 

It took me a long time to ever sell a coin and I did it because I needed silly things like food. My collection was much smaller then and it really hurt but what can one do? It was silver quarters picked up at face by the way.

As time went on my collection grew and I started to sell dupes to get OTHER coins. That did not hurt too much.

Then I got into currency at face value and thought "this is great!" I don't care about this stuff so it's easy to sell.
Then I started reading more and became a currency hound for a few years (still am to an extent). So that really started to suck.

Now I rarely sell unless I buy at a good price to sell and finance something else. I buy things that I am NOT interested in or have multiples of that particular item.

Collecting can be bad that way. We love them but have to part at times to love something even better.

 

I sold three Morgan GSA's in 1997(?) and been ****ed at myself ever since. I have finally accumulated a full set of Morgans and planned on selling it but now I think I have fallen in love with it. The wife says she bets it goes to the grand kids and she is likely correct.



"If your glass isn't always full find a smaller glass."

 

I have never sold one either but I have given a very few away to close friends and family. I have only been collecting for five or six years now but have invested close to $100K. I am only a working man but one who works every day and does not take vacations and saves money every chance I get. At least I am not like Ebenzer Scrooge who laughs and lets his coins flow through his fingers. Once I buy a coin I look at it one time and then it goes into the locked box.

For me the fun is in the hunt and then I bag the quarry. Then I forget about it and decide who is going to be the next victim (coin) for the locked box. This might sound cruel for the coin but they will survive until another generation.

 

Its very rare that I sell coins, it generally only happens if I acquire better specimen. I only once sold coins I 'needed'. Two ASE's, a '96 and a '99, to a dealer to finance my purchase of a lovely Postumus sestertius.

Also, certain individuals on this forum have gotten me interested in buying coins cheap to sell them later. Darn you all. Lol.

 

Never sold a coin yet. Been collecting for well over 60 years now and at one time not long ago, had way to many coins. Then a doctor said "Stage 4 Cancer". I gave away about 25% of my entire collection within a few months by having giveaways on a coin forum, just in case. Eventually after numerous operations, Chemo, medications, I am still here. No one I know wants this stuff after I'm gone it appears, so not sure what to do with it all. Problem is if selling it all off someday, why? A pile of money that you can't take with you is like a coin collection you can't take with you either. Back to the subject. No, I never sold a coin yet.

 

I have never sold any of my coins, but I have given proof sets to kids of relatives with the understanding that they must keep the proof sets until they're an adult. Hopefully, they will come to enjoy looking at the sets and maybe become a collector.

 

you are weak...food? pffft....

BTW...I just dont think selling a coin will make a person a better collector...I am certainly always learning but I think that is a misconception.

 

First of all, glad you're still here. Second, I can't imagine there's nobody who isn't interested, at least a little, in a coin collection. A friend's kid or grandkid, or someone. In a way I can relate a little, though. Neither of my kids are interested in coins, unless they can spend them. I'm waiting for a niece or nephew or a grandchild I can train to appreciate my collection. I'd rather pass it on than sell it to a stranger.
Guy~

 

Like coleguy said. Glad you're still here Carl. Love your posts.

Now I do sell coins at times but the "meat" of my collection remains with me.
I DO plan on selling them some day and hopefully not to pay medical or other bills.

I will sell mine as I'd like to know that they end up in the hands of someone that will appreciate them as I do. I have no children and no relatives that show any real interest. Why give them away to those that don't appreciate them. Sell the coins and leave the money for my wife. Better yet, hopefully we will both be able to enjoy the money.

 

It is about the love of collecting...no selling in my book!

 

I sell or trade coins that I have replaced with better-grade coins in my collection, so I can get more coins for the collection. If I find a coin in circulation, or for a low price, that I already have, I will resell or trade it. I do give a few to a nephew who collects coins, to encourage him.

If some emergency came up, I would (VERY reluctantly) sell my collection.

 

I just read an artical about that somewhere.

 

I too am glad I'm still here. No stupid Cancer stuff will keep me away from coin shows. Think I'll put that in my will. AFTER, take me to a coin show.
I remember as a kid, everyone collected coins to a degree. Now I only know one person that is even vaguely familiar with coin collecting. My son, his wife, her family, friends, neighbors, etc, no one saves, collects nor are interested in coins. I'd have a better chance getting the animals at the zoo interested than the people I know.
Think after I'm gone I'll come back for a few days to see where it all goes.:whistle:

 

I can verify that this professional numismatist recommends it. I like dealing with retail client who know how to buy AND sell coins. The understand the process much better and they cause much less frustration (both for me and them) than those who have never sold.

Additionally, I always find it sad when I walk into someone's home or bank to discuss the possible consignment or sale of their collection (coins or anything) and they mention how difficult it is to sell and say something along the lines of "these are like my children". I just want to slap some sense into them, small bits of metal, no matter how rare, nice, interesting, or difficult to find they are, are NOT like people! Coins are replaceable, loved ones are not, and I will never understand someone who doesn't understand that. And I think that selling parts of a collection over time teach people that, thus I recommend it. [/rant]

 

sold some coins in the past, felt sick at the time but needed the dough ( because of a long lay-off years ago ) and had to do it. i was fortunate to make money on what i parted with. some peace dollars, some key lincolns and buff nickels.........i currently have those back, but you do what you gotta do, at times, in life.

grizz

 

Totally agree. Very VERY important point.

If there were a single coin in my collection I felt I could not sell, I would realize I have a problem ! Hopefully I would then have the strength of character to make a POINT of selling it.

"... for where your treasure is, there your heart will be also." Makes a lot of sense to me today.