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<p>[QUOTE="Valentinian, post: 3044392, member: 44316"]We coin collectors are a small fraction of the population. Woman make up less than half of coin collectors. The chances your granddaughter will actually care about your coins are slim. </p><p><br /></p><p>Is it the <b>having</b> a collection, or the <b>acquiring</b> it piece-by-piece that is more involving? I think most of us enjoy the process of looking for coins to buy, researching what would be good price, and possibly making offers or actually buying coins. Having a collection dropped in your lap is not the same as collecting. I have memories associated with my coins. I recall how I got them, what they cost, and I researched them. I wanted them at the time and they spoke to me in some way. Having someone else's collection dropped in your lap would not duplicate the collecting experience. </p><p><br /></p><p>If you are <b>already</b> a collector, sure, you would like to have the additional coins for free and you might cherry pick them for the ones that add to your ensemble, but there is no way you can appreciate them the way the original owner did. So much of his experience with them is lacking. </p><p><br /></p><p>If you are a non-collector, being given a group of coins is unlikely to provide the high that actually desiring them and acquiring them provides. Take a kid to a coin show with a budget and the process might resemble the collecting experience enough to find out if there is a budding collector in that person. </p><p><br /></p><p><br /></p><p><br /></p><p>Maybe it is time to begin. It can be lots of fun to have coins coming in, and it can be lots of fun having coins go out. I recommend beginning to sell them. </p><p><br /></p><p><b>Collecting is a hobby of the mind</b>. If you don't know anything about coins, a high grade rarity is just an old coin. It is what you know that provides pleasure. You can get that pleasure as the coin comes in when you buy it, and you can get that pleasure when the coin goes out when you sell it. To sell a coin you focus on what it is in order to price it . You take time focusing on the coin. If you know anything about it, that will be pleasurable; it will be a continuation of the hobby. With the right mindset, selling off your coins can be fun.</p><p><br /></p><p>Even if you can find a relative who turns out to be a coin collector, in my opinion you should not give her your collection. Maybe giving a few coins, hoping to start the fire, is okay, but you should reflect on how much your collection overlaps with the collections of other collectors you know personally. Most of the time I think "I wouldn't want that coin because .... " or "that one cost too much.. " or "that is not in my collecting area" or "there are many coins out there that I would prefer to that one." Even when a collector collects generally the same thing I collect we differ greatly in details! </p><p><br /></p><p>So, why would you think it is a good idea to give your collection to a granddaughter? <b>She is not you and will never be you</b>. If you sell it, bit by bit, instead you will have the pleasure of continuing your hobby. You can decide what to do with the money.[/QUOTE]</p><p><br /></p>
[QUOTE="Valentinian, post: 3044392, member: 44316"]We coin collectors are a small fraction of the population. Woman make up less than half of coin collectors. The chances your granddaughter will actually care about your coins are slim. Is it the [B]having[/B] a collection, or the [B]acquiring[/B] it piece-by-piece that is more involving? I think most of us enjoy the process of looking for coins to buy, researching what would be good price, and possibly making offers or actually buying coins. Having a collection dropped in your lap is not the same as collecting. I have memories associated with my coins. I recall how I got them, what they cost, and I researched them. I wanted them at the time and they spoke to me in some way. Having someone else's collection dropped in your lap would not duplicate the collecting experience. If you are [B]already[/B] a collector, sure, you would like to have the additional coins for free and you might cherry pick them for the ones that add to your ensemble, but there is no way you can appreciate them the way the original owner did. So much of his experience with them is lacking. If you are a non-collector, being given a group of coins is unlikely to provide the high that actually desiring them and acquiring them provides. Take a kid to a coin show with a budget and the process might resemble the collecting experience enough to find out if there is a budding collector in that person. Maybe it is time to begin. It can be lots of fun to have coins coming in, and it can be lots of fun having coins go out. I recommend beginning to sell them. [B]Collecting is a hobby of the mind[/B]. If you don't know anything about coins, a high grade rarity is just an old coin. It is what you know that provides pleasure. You can get that pleasure as the coin comes in when you buy it, and you can get that pleasure when the coin goes out when you sell it. To sell a coin you focus on what it is in order to price it . You take time focusing on the coin. If you know anything about it, that will be pleasurable; it will be a continuation of the hobby. With the right mindset, selling off your coins can be fun. Even if you can find a relative who turns out to be a coin collector, in my opinion you should not give her your collection. Maybe giving a few coins, hoping to start the fire, is okay, but you should reflect on how much your collection overlaps with the collections of other collectors you know personally. Most of the time I think "I wouldn't want that coin because .... " or "that one cost too much.. " or "that is not in my collecting area" or "there are many coins out there that I would prefer to that one." Even when a collector collects generally the same thing I collect we differ greatly in details! So, why would you think it is a good idea to give your collection to a granddaughter? [B]She is not you and will never be you[/B]. If you sell it, bit by bit, instead you will have the pleasure of continuing your hobby. You can decide what to do with the money.[/QUOTE]
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First time poster...could use advice
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