Message:

<p>[QUOTE=&quot;dougsmit, post: 3699770, member: 19463&quot;]The above pretty well sums up my feelings on the matter. </p><p><br /></p><p><br /></p><p>I have known several golfers but none that spent that little on fees, equipment, travel, tickets to watch the pros and whatever else there was.&nbsp; For a reason I will never understand, I enjoy watching golf on TV and will extend an open invitation to Phil Mickelson to join us here on Coin Talk should he decide to collect ancient coins as long as he promises not to ask me to go golfing.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie59" alt=":joyful:" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p>While I agreed with almost nothing in this post, I most certainly could never sell every coin.&nbsp; I could not do the jamesicus thing and cut it down to 20 or 200 (2000, maybe, but that would not be easy).&nbsp; I have never spent investment funds on coins but only the entertainment money that some use on restaurants or golf.&nbsp; I have no idea what my best/favorite coins might bring at a sale; I never will unless my life completely falls apart.&nbsp; If you offered me five times what I paid for all my coins, I would not take it.&nbsp; A million dollars more would not improve my life.&nbsp; My coins do.</p><p><br /></p><p><br /></p><p>I agree very much.&nbsp; I would really like to have a certain, feel good place I gold tell my heirs to send the coins but I don&#039;t.&nbsp; When I am dead, they just become money again (dust to dust???). </p><p><br /></p><p><br /></p><p>They would be absorbed into the market so quickly and completely that people would soon start thinking of Clio as just another muse.&nbsp; My life experience has included several rich and powerful people.&nbsp; Maybe one of them will buy the lot as a package deal and cheat us out of seeing the Clio sale catalog which many of us would really like to have on our bookshelf.&nbsp; </p><p><br /></p><p>Summary:</p><p>I enjoy talking to people who like coins.&nbsp; I have little to say to people whose interest in coins is what they are worth.&nbsp; We have both kinds here on CT.&nbsp; In the 50+ years since I have been gathering old scraps of metal, I have seen people come and go.&nbsp; I love to see investors go and dump their holdings.&nbsp; They pay the fees to the dealers would could never send their kids to college on what they make from the likes of me.&nbsp; I need those dealers to insure a continuing supply of coins I want <i>and</i> to absorb the ones I declare to be surplus (duplicates, upgraded examples and mistakes for the most part). I feel bad benefiting from all their services and buying so little that that is the way it is.&nbsp; Therefore I offer the following advice to any who will listen:</p><p><br /></p><p>1. Buy high (preferably including many of my coins I consign to a sale).</p><p><br /></p><p>2. Sell low - preferably so low that the dealer fees eat up all the profits you were expecting making that dealer able to offer me good prices on the coins you once had.</p><p><br /></p><p>3.&nbsp; Go away mad that you were not able to make a killing in a hobby you never really found interesting but that filled your needs between collecting beer cans and buying Bitcoin. </p><p><br /></p><p>Some may say should have used a few smiley faces in the above.&nbsp; The fact remains that such activities brings down the upward spiraling price trends and I do benefit whenever someone dumps their collection after losing interest or dies without telling their heirs what to do with those silly old coins.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie58" alt=":jimlad:" unselectable="on" unselectable="on" /></p><p><br /></p><p>My posts are always too long but I outdid myself today.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in