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<p>[QUOTE="TexAg, post: 3301992, member: 86167"]Having been raised by my Dad who was a "get it in change or from the bank at face value" collector, I almost never "buy" a coin. But with that mentality it's easy to hoard coins because, "Hey, I can always sell it back to the bank for what I paid!" And my Dad definitely fell into that trap with circulated rolls ad nauseam of coins that are still worth face value. Since he passed away a couple of years ago, I have been gradually buying or disposing of his collection for Mom. The few times I have impulsively bought a coin, I usually have buyer's remorse. Now like [USER=75107]@bud250r[/USER] , I am concentrating on a series (Morgan Dollars). I have bought most of the easy and inexpensive ones from a local dealer who typically sells them to me for 10-20% under Grey Sheet value. He's a high volume, low margin dealer and buys them well below Grey Sheet evidently. However, I've had to pull the brake on the more expensive ones and buy them on rare occasions or I bust my coin budget. The fear I have, like many on this site, is that my heirs won't understand or appreciate the value of my collection and sell it all to the bank! As a result, I am trying to get rid of the non-essential coins. That's hard for me though as I am my Father's son. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie85" alt=":smuggrin:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="TexAg, post: 3301992, member: 86167"]Having been raised by my Dad who was a "get it in change or from the bank at face value" collector, I almost never "buy" a coin. But with that mentality it's easy to hoard coins because, "Hey, I can always sell it back to the bank for what I paid!" And my Dad definitely fell into that trap with circulated rolls ad nauseam of coins that are still worth face value. Since he passed away a couple of years ago, I have been gradually buying or disposing of his collection for Mom. The few times I have impulsively bought a coin, I usually have buyer's remorse. Now like [USER=75107]@bud250r[/USER] , I am concentrating on a series (Morgan Dollars). I have bought most of the easy and inexpensive ones from a local dealer who typically sells them to me for 10-20% under Grey Sheet value. He's a high volume, low margin dealer and buys them well below Grey Sheet evidently. However, I've had to pull the brake on the more expensive ones and buy them on rare occasions or I bust my coin budget. The fear I have, like many on this site, is that my heirs won't understand or appreciate the value of my collection and sell it all to the bank! As a result, I am trying to get rid of the non-essential coins. That's hard for me though as I am my Father's son. :smuggrin:[/QUOTE]
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