Of the coins that I have, I have some duplicate years. For example, I have 11 1964D roosies and I don't see the need to have more than one. I haven't checked them yet to pull out the best one, but once I do, my intent would be to sell the rest. Can you give me a reason to keep the coins, or is selling them to raise money to buy what I really want a more prudent path?
Silver dimes are only about a buck a piece right now. You have something worth ~$10 you would rather have? If not, keep them. If you do, sell them.
Every so often, some fool (me) adds a coin to his collection that he already has ( because he failed to check his 'want' list). Such 'duplicates' are sold........
If you no longer enjoy them or want them then the best path is to sell it for something you will enjoy
I have second sets of collections that I relegate the replaced coins to. The second sets and loose duplicates are great for trades with other collectors or gifts, especially to kids interested in coin collecting.
I keep duplicates to make additional albums for my kids and grandkids. When it comes to silver coins, I keep them all. They're kind of like the stocks I have bought throughout my life. I am fairly good at acquiring them, not so good at selling them.
I usually sell my duplicates, but there are a few I have kept. I have three Delaware commemorative half dollars because that was state where I born and raised, and I can’t decide which piece I like best. They all their points. When I got a Proof 1913 Buffalo Nickel, I kept the MS-63 I had because it is better than that, I could not get much money if I tried to sell it. I have two 1908 and 1925-D quarter eagles. Two coins are certified and very attractive. Two others are in a Capital Plastics set I have.
I take the following (different) approach regarding numismatic spending: why have one when you can have two for twice the price? If I really like duplicate coins, I feel compelled to keep both of them. Sometimes I find it easier to convince myself to do this if the duplicates have something slightly different about them (i.e.- different toning, different die marriage, etc.).
I mostly sold them when I was a dealer at the shows and to want list customers. Today I don’t do that much upgrading.
Since you already own them I'd keep them, not as part of my coin collection but as an investment. It cost nothing to hold onto them.
Oh, it costs something. I have money tied up in coins that don’t interest me any more that could be used elsewhere. That’s why I sold them. Also when I was a dealer, it was easier to sell them for a good price than is now since I have become “a civilian.”
When I buy duplicates I usually look for die differences. (Overtons, VAMs, etc.) Since you have Roosies, you could look for clashes, die cracks, etc.
I hold on to duplicates because I find selling things on ebay is too much of a hassle. I'd rather put them up for trade here at CT. Incidentally, I found my second '64-P dime last Thursday in the very same CoinStar machine where I found my first one. Haven't found a '64-D yet, though.
Ironically the Coinstar machine where I used to live the only silver I found was only a few 64-D dimes and a quarter over the space of a year.
I agree. Good time to buy more, and hold onto it, too. You really can't go wrong, as even if it does go down a bit more, it always eventually increases, as we all know
The thing is, these coins I have extra of didn't cost me anything, they were inherited or collected so long ago out of pocket change. I mean, I have over 25 Roosies dated 1967, 7 1963 nickels, 6 1962 quarters to name a few, plus other coins in various numbers from 2-4 duplicates. I suppose I could offer some up at coin club auctions, but my intent is to raise money for future purchases, since I am on a fixed income. And these coins were inherited by my son; I'm just the custodian.
