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<p>[QUOTE="dougsmit, post: 2938088, member: 19463"]Play money is the only money anyone should spend on coins. If you can't find better long term investments for the retirement funds you need to hire an adviser. The definition of play money may change if, for example, you decide you want to pay for medical bills or if you no longer like the coins as you did once.</p><p><br /></p><p>The fact is that your view on such things can change with time. I started selling off coins in the realization that I am getting weaker and will not be able to pick up 65 pounds of coins forever and will not feel up to checking so many for bronze disease etc. forever. Coins that I won't handle and books that I won't read are less thrilling than they once were. I'd rather see them go to someone still in the phase where the coins are appealing. I can't see just giving them away to people who claim interest because they want free hand outs so we sell some and give others to people we believe will appreciate them (in other words, not dealers and investors). </p><p><br /></p><p><br /></p><p>This is the greatest help in not selling coins. Everything may have its price. Would I sell my whole collection for $100 million. Probably but would $100 million change my life for the better? It could have fifty years ago but now? Am I likely to get an offer on one million? Highly unlikely. In the most true words of H8, "Then I don’t have to worry about it."[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2938088, member: 19463"]Play money is the only money anyone should spend on coins. If you can't find better long term investments for the retirement funds you need to hire an adviser. The definition of play money may change if, for example, you decide you want to pay for medical bills or if you no longer like the coins as you did once. The fact is that your view on such things can change with time. I started selling off coins in the realization that I am getting weaker and will not be able to pick up 65 pounds of coins forever and will not feel up to checking so many for bronze disease etc. forever. Coins that I won't handle and books that I won't read are less thrilling than they once were. I'd rather see them go to someone still in the phase where the coins are appealing. I can't see just giving them away to people who claim interest because they want free hand outs so we sell some and give others to people we believe will appreciate them (in other words, not dealers and investors). This is the greatest help in not selling coins. Everything may have its price. Would I sell my whole collection for $100 million. Probably but would $100 million change my life for the better? It could have fifty years ago but now? Am I likely to get an offer on one million? Highly unlikely. In the most true words of H8, "Then I don’t have to worry about it."[/QUOTE]
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