Collection reset

I'm, eh, guessing you're sittin' on a pile-o-dosh too, Leeroy?

 

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As long as you can get a fair price, I say go for it. I am selling the vast majority of my stuff too. Greed in the larger market, market stability, liquidity, TPG encroachments to guarantees, grade inflation, and plastic/sticker obsessions are pushing me farther away from this hobby. I like the box of 20 (or maybe a box of 10) approach more and more.

 

Around 15 years ago I sold almost everything I owned because I either wanted to stop collecting coins altogether or start again anew. My interest waxed and waned for the next decade and now, looking back, I regret the sale. It would cost me quite a bit more now to buy back what I let go then. And, as others have pointed out, many of those pieces I sold for less than what I paid for them. That's how the hobby seems to work.

My only advice: think hard before you sell.

 

I am partial to pre-1965 U.S., coins and pre-1900 world coins. Those I would not sell. Finding high grade coins in these groups is fun and challenging.

The modern U.S., coins, Canadian coins, Pandas, etc., don't excite me as much (although I see why some like to collect them). These coins, such as newer Eagles or gold 2016 Mercury dimes, are so well struck with modern machines that MS70 coins even make me yawn, sometimes. You may consider selling the modern coins in your collection but hang on to the "oldies but goodies."

 

Ahh kinda sitting on close to 60-80 k in the portfolio but don't exactly want to get rid of the major items and key dates .

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Nothing wrong with resetting, but let the market dictate what you liquidate and when, rather than your desires. Buy what you like, sell what you should.

And obviously, if you're shifting to rarities, keep the rarities you have.

 

1783 Fugio??

 

1787 grrrh

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That's great if you've that much (on the high end) to play with for your hobby, but let's just say you're still going to be a little (lot) short if planning to acquire all the "major rarities" of two centuries.

 

That's a boatload of worth. But go over and look at the auctions where the true "major rarities" are sold before you start selling off your current collection. Buyers there play in a different league from us mere mortals.

 

I know already started and I doubt I can find something so nice

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OK, I thought maybe you were thinking of a 1783 Nova Constellatio

 

Books, I had to look up dosh, which means I fulfilled my daily goal of learning a new word. Doubt, though, I will use pile-o-dosh where I live. Someone might slug me.

 

I have one need to buy a better grade one personally think a au-ms more so ms64

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