If you had to do it all over again.

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Plain and simple, it would be dishonest and wrong. I'm sorry to see anyone recommend that type of conduct.

 

Pretend you're the post office and declare everything to be worth face value....

JK I do recommend that the evaluation be on wholesale value rather than retail value though since you can only expect to receive wholesale for a rapid liquidation. Beyond that, just be honest and straightforward when negotiating the assets.

Now If I were starting over, I'd start with 1793 and work forward. Last time I started with the current year (1965) and worked backward.

 

I would have bought the U.S. Type set Dansco album, and only that album. I would take my time and fill it with the best possible coins I could without feeling the need to rush and complete it by making terrible purchasing decisions. Along the way educating my self on each type of coin. Not just it's collectible information, but also it's history. Take a journey through the history of U.S. coins.
So yeah, what most people said...Quality over quantity.

 

I am really sorry to hear what you have to go through. I am only 15 and I don't know if this is legal, but if you talk to her nicely and tell her that your collection is the most important thing in your life then maybe she will meet you half way. If I would start all over again I would go slower, buy higher grade coins, stick to one collection or 2 at a time. My moms friend got divorced she took half the coins her husband had. They got married later in the year, so he is lucky. Everything should be fine, we read a story in school about "Job" and how he lost everything, and then later in life everything became better and he had everything he lost and was given even more after all. Welcome to CT!

Dan

 

It must be an equal split and it takes both sides working together to have both sides walk away happy.

If I had to start over, I would buy fewer coins and they would be of better quality.

 

The Perfect answer! I just sold 5 sets of Peace Dollars and 2 sets of Morgans (minus the 1895 and 1893S) Going to continue to hone back for the same reasons Thad just listed. I will continue to pick up Bust Halves and Large Cents however.

 

I agree with everyone on quality over quantity. I looked through my collection awhile back and did not like the fact that I filled a lot of holes with some pretty bad looking coins. I think I just got into the rush of having to fill up a book. I've since changed my ways and pick quality pieces. Personally I like the type books as they are easy to fill and are quite satisfying from a historical perspective. Being a history buff, I love looking at my Dansco type album and seeing all the different types of coinage throughout our history. I still have some holes to fill, but the album is about 75% complete and with very good looking coins!

 

A prenuptial.

Kidding aside, I'm sorry to hear of your divorce and the forced liquidation of your collection and investments.

I agree with others who said quality over quantity.

 

Where begin?


Buy Google at the IPO.


Or Apple at $100

 

If I had an opportunity to start over, I would buy the best quality coins I could afford. IMO it dosen't matter how much you pay for a coin even if it's overpriced, as long as you like it. What would I rather have a $ 20.00 Big Mac meal, or a nice wheat cent ? Once the Big Mac's are gone, it's gone. But you can look at your coins for a lifetime.

 

Man, that must be one heck of a big mac meal! Either that is the 5 big mac combo, or your McDonald's is OUTRAGEOUS!

 

I'm sorry to hear of your misfortune, but it will get better. Time can fix a lot of things, and I wish you the best.

I would begin with my favorites first, which are the Walking Liberty Halves, Peace Dollars, and Lincoln cent collection. I would buy the best I could afford, and try to avoid the mistakes I made the first time.

Wish you the best!
Chuck

 

Ha ! Ha ! Medoraman, I'm a BIG eater. But in truth, I can never get out of one of these places without spending some big bucks.

 

I would have avoided the starting from scratch, spent all of my money on a awesome lawyer in order to keep the collection.

 

I would focus on a series and grade, not branching out over many different coins and products. I would also put quality over quantity as my motto.

 

Thinking about it some more, you can't start over really, can you? Read a little more while I explain.

Everyone here is saying to buy better quality and fewer coins. Maybe not branch out as much. Well that is fine and dandy, but that is because of what you know NOW, rather than what you knew when you were just starting. When I was starting, I was, (still am actually), fascinated by coins. I wanted examples of Bust halves, mercury dimes, two cent pieces, etc etc. I didn't have a ton of money, but I had desire.

Today, I look back at those early coins and think I should have bought better ones. You know what though? Those coins I did buy I enjoyed, and learned from. They served me well for what I needed from them. In that light I do not regret a single coin I ever bought.

If someone had to start fresh collecting, then thats fine and they do what pleases them. They are not, though, starting over, since the most valuable asset in coin collecting is between your ears. OP, you still have that, no one can take your knowledge away, so go forward and continue to enjoy coins however you see fit.

Chris

 

I'd say I'm pretty knowledgeable about coins and I still collect to just collect, as if I'm a kid that enjoys getting the coin I wanted or desired. Although as time progresses, I do go for a little higher quality, but it depends on the coin, year, mint, scarcity, etc. I don't spend a fortune on coins usually so if I can find a decent more scarce coin in G to F condition and pay maybe 80% less than an AU of the same year, mint, etc, I'm usually happy with my purchase.

Lately I've been on a Liberty Nickel buying spree, most of the time, if I can see Liberty or some of it, I'll likely buy it and be happy with the purchase.