Nothing is worth anything.

Seems to be the main topic here. Or better yet, everything is worth nothing. UNC mean anything? Just observing, asking and sayin...

 

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What's Up DOC ?

 

I think you want the "What's It Worth" forum

 

My avatar will always be worth something

 

It's only worth what you can get someone to pay for it.

 

Stocks seem to be worth a lot. As a young father I am starting to regret my fascination with coins and bullion. Ignoring the signs of little potential in "old man hobbies" like Numismatics and firearms. Should've been concentrating on cryptos and stocks instead of peddling coins as a side interest. Just dumb waste of energy. Yes everything is worth what someone will pay for it. Some Dealers operate on single digits margins.

 

Many times things posted aren't even worth the time and space

 

I lose money on every coin transaction but make up for it in volume . . . .

Z

 

I don't care what forum it gets posted on. Most of the time the members will catch a coin that is worth more than face value.

 

I’m hoping to break even, I could really use the money.

 

Paddy man is right with an exception. Without the baddies, we may overlook a goodie. Think how boring it would be if without them... Just an opinion.

 

I feel your pain. I began collecting in 1962, and a recent sale of melt silver resulted in a 19x increase in FV, or 95%.

Keeping this in context, it took 60 years holding it to get this gain, which, when you do the calculations, gave an average increase of .318 FV per year. This equated to an appreciation of less than 1 cent per year (.9645 cent) for (each coin) the whole batch of melt value coins. Doesn’t seem to be worth hanging onto for the time involved.

If I had sold it to my LCS I would have realized 10-15% less.

But, I did sell the set to a fellow CT forum member for full melt...the actual value of the coins, determined by spot price...no more, no less. Now, he can gain through increased metal price, which is fluctuating normally right now.

My takeaway is: I collected coins I thought would have more value by this time. It’s a huge lesson learned after 60 years. ...Spark

 

Can't put a price on the fun you had and people you met!

 

Thats an interesting outlook, nothing means nothing or nothing is worth anything? The fact is nothing is worth anything until someone decides they want that something. for instance, I own a 1917 type 1 slq. It is superb and flawless in every way and would certainly grade very high. But it is not slabbed. I attempted to sell it online and had it posted for one month. I ask $150. No bids. No followers, no offers. All the while I watched as lesser, but graded, slqs were flying off the shelf all around my posting. Coins graded at ms 60 were bringing in twice what I was asking for my perfect uncirculated coin. and on an almost daily basis. So what is a coin worth? Whatever someone is willing to pay.

 

Everything means something. It depends on what you want it to mean, and it's usually not that.

 

Curious, did you ever consider getting it graded? Not knowing your original purchase price, if lesser quality examples graded at MS 60, sold for 2x your asking price, wouldn't it make sense to send it in and get it slabbed. Conceivably your coin would grade higher then MS 60, as you describe and your still in profit territory.
That said, is it still for sale? PM me if so, I would be interested in giving it a look.

 

I played guitar professionally for almost ten years. I spent gobs of cash on instruments, amplifiers, lights.... The whole smash. I had so much fun those years, and I barely scraped by enough to eat. I now have memories that make me smile most days and that is invaluable.

I spent years fishing with my son. Boat, rods, reels, gear, electronics..... And you think coin collecting is expensive?.... My boat has been in storage three years now. But I have wonderful memories of my little boy hooking up. Things we still talk about. Those years of fishing cost me many thousands of dollars and I wouldn’t trade them for the world.

The coins.... Heck they are there to enjoy. And when you are tired of enjoying them, yeah you can sell them to another collector to enjoy. It ain’t about the money. It’s about wonderment and holding history. And yeah, you can get a little something back from them. Sounds like a win-win to me.

 

I suppose my point is, why the heck did I even join this forum? I am not looking to take anyone. I figured I would try to gain some knowledge and kinda figure out what I had. What I have are thousands (not kidding) of coins in squares, in little envelopes from all over the world. I haven't even seen 1/10th. I put up something I come across, and it is poo-pooed. Reminds me of a gun forum where most are collecting L C Smith shotguns when the little people are just buying a Glock for home defense.

Just sayn...that is how this place comes off. If the powers that be are good with that, heckz yea! You do you and keep it stagnant.

Or, anyone who really wants to help out, get in touch. Scrap yards take coins.

 

So what you're asking is for everyone to tell you that you're sitting on a fortune when you're not. Just because you put it in a holder it doesn't gain value. Honestly, no disrespect, but maybe you don't know how to collect coins of value?