A little story. I sold an 1883 cc ms64 morgan, my first cc to be exact that I bought on a trip to Colorado with my dad when I was around 16 (I'm 24 now) I sold it to my local dealer about a year ago. Since that time I have moments of remorse. My first cc and one I bought on a special trip with my dad. I'll go months without thinking about it and then randomly it'll hit me and I'll want it back. Today was one of those days. My question is how do y'all deal/get over seller remorse? Also, I was thinking about going to the shop later next week to see if they still had it. I know it's an extreme long shot given turn over rates but it never hurts to ask/look, right? For my b&m dealers and experts do you have any suggestions on how to properly ask to see a very specific coin? I look forward to hearing how y'all deal with remorse.
i have still been giving myself shame for selling a few coins i used to have, au classic head large cent is the biggest one though. i think it is a good thing to keep some of the remorse so you won't make the same mistake again with a coin.
Hi, You will never get over seller remorse completely. I have been buying and selling coins for over forty years and I can still see some of the coins I sold that I wish I had not sold. But I learned the fun in coin collecting is the hunt for new coins. Now the only coins I sell are ones that I can replace if I want to. Rare coins that would be hard to find and replace never leave my collection anymore. One coin that I really miss is a 1870-s one dollar gold coin that I sent in to PCGS and came back a MS64. I have not found another coin of that date and mint mark that equal to the one I sold. My wife and I collect PCGS and NGC bust coins and have done so for many years without ever sell a single bust coin. Year after year we keep buying them and stick them away and sooner or later we know we will have to sell some or all of them. We now have over 200 bust coins graded AU 50 or higher an we know that as we get older we will have to part with them but the thought of that day still makes me sick. This is what makes you a coin collector instead of a coin investor. Jim
Well, that sounds like it would be interesting to read about, someone tracking down their long lost coin. I do hope you find it.
The problem with a CC may be remembering the exact coin. I recently sold my treasured CC I got from my dad. But I have other coins from him and we still go to shows together so I have others to the place. He was there when it sold, based on the profit he knew why it sold. Great coins you will replace or the remorse goes away. Emotional attachments are different.
Nice story. Very similar to mine. And to answer you're thought, the coin was in a plastic holder (not tpg) that I'd recognize immediately. That's assuming it wasn't cracked out or melted.
I don't have any remorse because I don't sell any of my coins that enter my collection. I collect coins, therefore I keep coins.
I haven't really regret selling any coins since I haven't sold that many and they were all roll finds that I sold for well over face-value that I paid. Maybe I would have ran the Ebay auctions differently to maximize the amount the item sold for but I probably wouldn't have gotten too much more. I might have not have sold my 1913 wheat cent even though I already have one since I have two 1909-1940 set books but figured I didn't need to work on both. I did sell a roll of wheat cents that I would have waited to sell when I had many rolls that way I could put it to another coin I want. Most of the coins I sold I have many duplicates of. Since I just started buying coins in March, mainly buying them with gift money, most of my coins I bought are simply not for sale except for two where I have a duplicate because I bought a better example at a lower price although I am in no rush to sell these. I do have a reject bin find that someone bid on and people are watching but it isn't a coin I am really interested in.
This sums it up perfectly! A few months ago, I was really pressed for some immediate cash, and the only items I knew that I could sell readily were coins. I still regret having to do it, and I probably always will. I think the hardest part is when there is a sentimental attachment, and it doesn't matter if it is coins, furniture, photos, or whatnot. My Mom & Dad are both gone now, and I still have many items that we were all involved in acquiring. I don't have room for everything, so some of it is in storage, but it is so dang hard letting go. Chris
Since I sold my entire paper money collection, I sob uncontrollably. It doesn't happen all the time. Just during the waking hours. To resolve this, I look at the stacks of bundled banknotes I received for it.
Yeah sentimental value wasn't something I was thinking about at the time. I guess it goes to show you don't know what you're missing until it's gone.
That's the problem with selling a nice coin. You give someone the coin and they give you cash, then you spend the cash and your out both. I used to like selling a coin to justify buying a new one, but after a bit I realized I really didn't need to sell the other one to get the deal done and some real nice ones are long gone. Yeah, it is nice to not get super attached to physical objects/possessions and healthy to be able to walk away once in a while, but unless I'm destitute, I don't plan on selling any coins until I literally loose my eyesight. Matt
