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<p>[QUOTE="Ken Dorney, post: 2938350, member: 76086"]I wasn't sure I wanted to chime in on this thread as I think the topic is really quite broad. One might ask 'why would you sell?', or 'when will you sell?'. Many of us have various reasons behind what we do and each situation will be custom to all of us.</p><p><br /></p><p>For me: Yes, I have sold coins from my collection. For the most part I have regretted all of those sales. In some cases the type has never re-surfaced, there has never been a better one come to market, the example I sold has not come back to market, I bought at $100 and a replacement now is $2,000, etc.</p><p><br /></p><p>So for me, I suppose I would explain why and when I will indeed sell (or have sold). In the past there have been series I have lost interest in. Mostly modern and medieval. I once had a good size collection of Chinese, ancient to medieval. I lost interest and sold most, but there was a small core of a few dozen I just didn't want to pass on. Various reasons. Extremely high grade, some unique or so rare I wont see them again. I see no need to sell them anytime soon.</p><p><br /></p><p>I have also sold off mistakes. Why did I buy a tooled coin? I dont know, but I have and regretted it. So, I sold the two examples I had. Not a bad number.</p><p><br /></p><p>At this point in my life I have no interest in upgrading what I have (and thus selling said duplicate). If I buy it I like it and either wont do it again or the duplicate has some other aspect the other example does not. So at this time why and when will I sell?</p><p><br /></p><p>Unfortunately, like so many others, my kids have absolutely no interest in coins (though my daughter has shown a budding interest in history, so who knows? I may pass them to her. But if not, well, my plan is to pass them on <i>before</i> I do! I will collect happily until the time has come. </p><p><br /></p><p>What time is that? For me, I am well aware of the average life expectancy of the American male. I figure I will cash out 10 years before that date and enjoy what time I have left with the proceeds. I figure I have roughly 15 years left to collect (and not to sell) before I do indeed sell.</p><p><br /></p><p>I understand this model is not for everyone. The sales record is full of examples of big time collections that came up after one has passed. Usually this means that the collector was of sufficient means that the proceeds of a potential sale meant little or nothing to them. But for me, of modest and humble situation, I will sell them off at some point![/QUOTE]</p><p><br /></p>
[QUOTE="Ken Dorney, post: 2938350, member: 76086"]I wasn't sure I wanted to chime in on this thread as I think the topic is really quite broad. One might ask 'why would you sell?', or 'when will you sell?'. Many of us have various reasons behind what we do and each situation will be custom to all of us. For me: Yes, I have sold coins from my collection. For the most part I have regretted all of those sales. In some cases the type has never re-surfaced, there has never been a better one come to market, the example I sold has not come back to market, I bought at $100 and a replacement now is $2,000, etc. So for me, I suppose I would explain why and when I will indeed sell (or have sold). In the past there have been series I have lost interest in. Mostly modern and medieval. I once had a good size collection of Chinese, ancient to medieval. I lost interest and sold most, but there was a small core of a few dozen I just didn't want to pass on. Various reasons. Extremely high grade, some unique or so rare I wont see them again. I see no need to sell them anytime soon. I have also sold off mistakes. Why did I buy a tooled coin? I dont know, but I have and regretted it. So, I sold the two examples I had. Not a bad number. At this point in my life I have no interest in upgrading what I have (and thus selling said duplicate). If I buy it I like it and either wont do it again or the duplicate has some other aspect the other example does not. So at this time why and when will I sell? Unfortunately, like so many others, my kids have absolutely no interest in coins (though my daughter has shown a budding interest in history, so who knows? I may pass them to her. But if not, well, my plan is to pass them on [I]before[/I] I do! I will collect happily until the time has come. What time is that? For me, I am well aware of the average life expectancy of the American male. I figure I will cash out 10 years before that date and enjoy what time I have left with the proceeds. I figure I have roughly 15 years left to collect (and not to sell) before I do indeed sell. I understand this model is not for everyone. The sales record is full of examples of big time collections that came up after one has passed. Usually this means that the collector was of sufficient means that the proceeds of a potential sale meant little or nothing to them. But for me, of modest and humble situation, I will sell them off at some point![/QUOTE]
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