I think Carl is right about our collections potentially ending up in a coin counting machine. Many of us say that we want to pass it on, but are we passing on "clutter" and how will the next generation deal with this - especially if they're not interested in coins? I have this problem with my sports cards. I got lots of them, but no theme. So I almost have to sell them one by one. It's a pain, even for someone like me who is still somewhat interested in them and understands their value. I know this comment could be the subject of a whole other thread, but there you have it! I've found "Type Sets" to be a small way to organize some clutter. I've got the Whitman Classic 20th Century US Type set album and I've put some of my "clutter" in there and it is pretty cool to look at.
I am the same way as most of you here. When I'm at a coin show and see something I want or even remotely like I'll buy it. Sure, I'll set off in the morning with my want list to fill more holes in my Whitman Classics then when I leave the show I realize that I didnt buy a single thing for the different series I'm working on, if I'm lucky I may have picked up one or two. But I get home and lay my little brown bag on the table and sort through what I've bought, they usually go into a box that I keep locked up in my safe. For example, I've bought a few of the 1994 Capitol Commemorative silver dollars, for the life of me it wasnt for its stunning design but its mintage that caught my eye. I dont even collect Commemoratives, but I guess I do now. I guess overall I just pick up coins that I like whether I need them or not. Thats the way I like it!
:bow:CARL, That's JUST really nice of you. For a couple of years I gave my nieces and nephews Proof Coin Sets for various holidays. While I always got a hug &/or a thank you, t they didn't seem to be that interested in the beauty of the coins and/or collecting them. Oh Well!! I have no children of my own but I would still like to leave these to my family. My older brother is starting to get interested in the coins and stoies I have and I'll leave it to him to disburse my coins to his kids when I go. As far as my clutter, Yeah, I leave coins & coin books and Magazines laying around for a while so I can look at them and then they go to the safes. I love looking at them and finding more interesting stuff about them. I keep almost all I acquire but there have been times when I purchased a LOT of coins or sets with the intention of selling the ones I didn't need a duplicate of. That just defrayed the cost of the majority of the sets I kept for my collection. Part of the love of coin collecting is handling them and appreciating what they meant to those in the past, to us today and maybe to the ones in the future that will be appreciating them. Let's all enjoy. Bruce
I can relate to this issue and let's just say it's not limited to numismatics in my case :whistle: I try to use one of three tactics to deal with it: - Discipline, as in, don't buy it in the first place. Thinking of how much I still owe on the house helps. - Trade bait. - Future giveaways to those coming up in the hobby.
One rather disturbing thing I remember is way, way back I had a neighbor that was a rather gun nut. He started me on guns. He was a small arms instructor in the Army. I was young back then. We went to gun shows, shooting ranges, gun stores. Then he came down with Cancer and eventually passed away. His wife and her relatives sold off everything of his for a few thousand dollars to someone that buys up estates. There was a massive amount of Walther , Lugers, Mousers, from WW11. Also, a vast amount of US Army types like the M1, M1 Carbine, 45 Auto, etc. More ammunition than most gun stores, cleaning and gun smitting tools. Possibly a fortune and all went for a few thousand due to ignorance of an items value. This is what worries me with my coins, cars, knives, etc. One more reason to give now to the younger people that can learn from it all. As to my humor, hey, why be serious now. It's time to have fun or at least try. The kid I've been sending things to is in Nebraska and I have no idea of who he really is but I know he loves coins and has written articles about them. So now it's his turn to carry on as with so many other YN's. And yes I will still be here for a long time thanks to the great doctors at the Univerisity of Chicago Hospitals. I hope.
I love all my clutter..lol I guess you can always keep what you don't want in a seperate box for trading
I don't think it'll be passing on clutter to the next generation. Whether I became a coin collector or not, if someone passed on to me a gigantic pile of money, I'd be extremely greatful. I used to collect sports cards myself. I still have boxes and boxes of them, because short of pitching them in the garbage, I can't get rid of them any other way. I've never had that problem with coins. Money is money. I don't think anyone anywhere would have a problem with money as clutter. Guy~
I have it all ~ collections, accumulations, hoards, and 'stuff'. The collections are organized, labeled, and appropriately stored in appropriate methods to protect the value and maintain the quality. The accumulations and hoards are bagged. All of it is in three safes mixed together. Three safes because I never imagined I'd need more than one. I make sure the people I trust know the difference between the valuable collections versus the 'stuff' and how to distribute or dispose of it appropriately when needed. It's all together because I enjoy it all regardless of the value so I choose not to put the 'good stuff' in a bank where my access is limited or sealed off by a court in the event estate laws change. However, while I do not anticipate those in receipt of my 'stuff' will ever appreciate it at the same level as me it is important they know the really good stuff (higher financial value) versus just the good stuff (low financial value but still enjoyable) and set the return (sell) expectations accordingly. About once a year I spring clean ~ take the small purchase impulse buys, random bullion, duplicates, lost interest excesses, etc and sell or trade it for a really good coin or collection (depending upon what kind of year it's been). Right now I probably need to trade the 3 smaller safes in for one larger one but I'd rather buy another great coin.