Do you ever feel your collection is out of control?

Discussion in 'Coin Chat' started by ldhair, Aug 6, 2022.

  1. ldhair

    ldhair Clean Supporter

    I do but I'm too lazy to start fixing the problem.
     
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  3. Publius2

    Publius2 Well-Known Member

    I didn't think that was a thing...
     
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  4. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I been collecting coins since the 1960’s and I can count the coins I have sold on one hand…. Oh, I have given coins away….. But my collection (hoard) is the textbook definition of out of control.
     
  5. BuffaloHunter

    BuffaloHunter Short of a full herd Supporter

    I did when I was younger. When I hit my early thirties I really refined what I wanted in my collection. I still do have those “squirrel” moments from time to time, but nowhere near what it used to be.
     
  6. Paddy54

    Paddy54 Well-Known Member

    Larry as collectors we are always out of control...but yes... I find myself drifting at times into other series,world coins,tokens etc...coins...but it never stops as a collector.... we gather...we pull out stuff others wouldn't even think of any value.
    Yet it gives us pleasure... and you cannot deny it...
    Here is a perfect example... the other day...I found down on my work bench a small piece of ply wood.
    The size was a tad bit bigger than a dollar bill....and the reason it was that size as it was .... it was the end block of a pack of $1000 one dollar bills.
    My father would bring these home for me from the bank ...way before they wraped blocks with plastic bands and bags...the money ..well $1 notes was a $1000 in a brick the top had the serial numbers and bank branch , and were steel strap banded together.
    I made bird houses for boy scout projects as well other things ...even wrapped sand paper around the board to use as a sanding block.
    Yet I still have 1 left....why? As it has no value to another ....other then a small piece of 1/4" ply wood.
    But yet I cannot toss it in the trash.... you're not alone.... nor are you crazy... you appreciate stuff ,find value....that others see no rhyme or reason...but again you do...and that's what matters my friend. Not being in or out of control... as you are in control....of what gives you pleasure in life...
     
  7. longnine009

    longnine009 Darwin has to eat too. Supporter

    As long as you can still run with it, it won't tip over.
     
    Last edited: Aug 7, 2022
  8. Clawcoins

    Clawcoins Damaging Coins Daily

    I don't think so.

    hey .. did I ever show you a picture of my old Cadillac ?
    upload_2022-8-6_21-55-47.png

    lol
    if it's outta' control .. just buy another safe.
     
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  9. -jeffB

    -jeffB Greshams LEO Supporter

    Meh. Control is boring. :)
     
  10. Joshua Lemons

    Joshua Lemons Well-Known Member Supporter

    Absolutely! I try and revaluate my collection each year, sell some of the coins I no longer want. My main issue is I collect several series/types. I could narrow those down, but what's the fun in that? I do keep inventory, so it's not so bad that I don't know what I have and storage of the collection isn't an issue, so I still think I'm ok, for now!
     
  11. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Or another Cadillac ;)
     
    expat and Clawcoins like this.
  12. BRandM

    BRandM Counterstamp Collector

    Now there's a collectable for you. Should drive it over to PCGS to be graded.:D

    Bruce
     
  13. ldhair

    ldhair Clean Supporter

    I had a good plan many years ago. It was about the time Ebay first started. After selling about a thousand coins, I gave up. The amount of time and work was just too much to deal with.
    Today, I have even less time. I hope to start the research on each coin very soon. With all the information out there, I'm sure I will find some hidden treasures.
     
  14. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    For a time, yes. I had ended up with quadruplicates of some coins for some unknown reason and decided to sell off some of the excess on Ebay. That was, of course, prior to the recent legal change mandating 1099-K tax forms for sales over $600. At that point, I just decided to live with it :)
     
  15. Inspector43

    Inspector43 Celebrating 75 Years Active Collecting Supporter

    I always thought my accumulation was out of control. I saved anything found in the wild that was nicer than normal or semi-key. I had a bunch of stuff. Then one day I turned around and found that I had a dozen or more grandchildren and about 2 dozen great grandchildren. Great outlets for my hoard. I made very detailed type sets for each. Now, I still have too many coins and am setting them free. And we recently realized more grandchildren and great grandchildren. I don't acquire additional coins anymore but, I'm glad I was out of control early on.
     
  16. ewomack

    ewomack 魚の下着

    Yes! That time, years ago now, when I bought a coin at a show, brought it home, and soon realized that I already had a nearly identical coin in my collection was the moment I paused and took a long look at why I collect. Am I collecting or just hoarding? Has this so-called "collecting" actually become an addiction? Why was I even doing it?

    At the time, buying coins felt more impulsive than enjoyable, as if I should examine every single coin that I ever came across as though it might be a previously unknown 1913 Liberty Nickel or some other insane rarity. After some reflection, I really pulled back and became a lot more picky and deliberative in what I brought home. For one, I allowed myself to leave coin shows empty-handed, something that had literally caused me bouts of mild depression previously. Also, I stopped collecting pocket change and I threw all of the (mostly) quarters I had accumulated back into circulation. Billions of those get minted and, though I enjoy looking at them in circulation, I don't need piles of them sitting in my closet just taking up space. I stopped collecting mint sets because they too just took up space and I rarely, if ever, took them out to look at them.

    Looking back, I think coin "collecting" for me became a slightly unhealthy obsession. Many of those past purchases I now deeply regret, because I wanted more to buy them at the time rather than actually possess them over time. Now, I try to take a long view: do I really want this coin for some substantial reason? Or do I just want to add to an indiscriminate pile? I haven't attended an in-person show in a while because, like auctions, in that environment I fall prey to the "heat of the moment" impulse that, 80% of the time, I later regret.

    Internet buying has its downsides, but it does allow me to sit back and really think about whether I want a particular coin. More than once, I've deliberated for days. More than once, I've not bought something because it felt more like a need to merely buy something rather than the need to buy that particular thing for a good and solid reason.

    Now I buy a lot less a lot less often. When I do buy something, it tends to be a higher quality piece at a generally higher price. Where I used to buy many $10 - $50 dollar coins in rapid succession within a month, I now buy maybe a few $200 - $1000 coins over many months or a year. I'm far more satisfied with the things that I've purchased since I started taking the time to think about what I'm buying. I also focus more on what I do have rather than what I don't have. There will always be far more things you don't have and it's a futile pursuit to try to get them all. Overall, I enjoy the hobby a lot more and I no longer have to look on things that I bought out of a mere impulse to accumulate.
     
  17. Collecting Nut

    Collecting Nut Borderline Hoarder

    Definitely out of control. I also collect rocks, fossils and antiques. The antiques were the first thing I saw that was out of control so I opened a space in an antique mall. I’ve been selling them for so many years I couldn’t tell you. Been in the same mall for over 11 years now and guess what. I don’t just sell antiques, I sell rocks, minerals and fossils. I also sell coins. I just have too much so it’s all out of control. I don’t care though as they give me lots of enjoyment.
     
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  18. Inspector43

    Inspector43 Celebrating 75 Years Active Collecting Supporter

    Talk about too much stuff. Me too. In fact, we raised 6 kids and have accumulated so much stuff that it is taking over. On birthdays and Christmas we just tell the kids to take something home with them, take anything. And don't buy us anymore stuff. My wife and I don't buy stuff for our celebration days.
     
  19. Collecting Nut

    Collecting Nut Borderline Hoarder

    Boxes everywhere! In every room in the house except the kitchen and bathroom, in the barn, storage unit and other places. I haven’t spent $250.00 on antiques to sell in the last 2 years. I just open a box and price it. Lol
     
  20. daniel a DiBiasio

    daniel a DiBiasio Well-Known Member

    I have just started selling a lot of my silver to purchase bigger things such as gold,platinum, and palladium, this way its so much easier to store and keep track of.
     
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  21. 1stSgt22

    1stSgt22 I'm just me!

    Started to try to organize some of my collection the other day! When I started twitching, I got scared and decided to stop, so I went back to CRH to see if I can make it worse!!! LOL
     
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