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<p>[QUOTE="omahaorange, post: 1340823, member: 28199"]Seriously, another post crying about being outbid at auctions?</p><p><br /></p><p>You're starting to sound like these people have it in for you. Accept it, some people have more money than you and are willing to spend it. $30 for a common date Peace dollar is not unreasonable. Neither is $27.</p><p><br /></p><p>Why would you say they are greedy? Let me relate my perspective on collecting. I fell into the hobby a few years ago when my mother-in-law passed away, and left my wife and I several boxes of what she described as "old money". This was the first time I had seen (or even knew about) Morgan and Peace dollars. As we assessed and valued the contents, which worked out to a couple thousand dollars, we decided to keep and add to the collection rather than go through the hassle of trying to sell. We did not need the money. Since that time I have added to the collection and discovered another benefit. My grandaughter (4 y/o) loves to sit with pappap and look at money. She can't read, but she understands how to handle coins, and even knows how to put them in 2x2's. I hope she aintains the interest throughout her life.</p><p><br /></p><p>Back to the couple you're complaining about. First, where does their money come from? I would be willing to bet they <b>worked</b> for it over the years. You said they are in their 60's. That's a llot work and effort over the years. Why can't they enjoy their money? Let me tell you what I think about this from my perspective.</p><p><br /></p><p>I am in my 50's, still working at a career that spans almost 30 years. I am by no means rich, but make a comfortable living doing what I do. My family knows that when the time is right, my collection goes to my granddaughter. She'll be free to do what she wants with it. She can continue to add to it or sell it. She loses no money by selling, as she has nothing invested. The selling priice is pure profit for her. So maybe the couple in question is doing exactly that, saving tangible assests for the grandkids, who when they get the hoard and sell, make 100% of the selling price on the items.[/QUOTE]</p><p><br /></p>
[QUOTE="omahaorange, post: 1340823, member: 28199"]Seriously, another post crying about being outbid at auctions? You're starting to sound like these people have it in for you. Accept it, some people have more money than you and are willing to spend it. $30 for a common date Peace dollar is not unreasonable. Neither is $27. Why would you say they are greedy? Let me relate my perspective on collecting. I fell into the hobby a few years ago when my mother-in-law passed away, and left my wife and I several boxes of what she described as "old money". This was the first time I had seen (or even knew about) Morgan and Peace dollars. As we assessed and valued the contents, which worked out to a couple thousand dollars, we decided to keep and add to the collection rather than go through the hassle of trying to sell. We did not need the money. Since that time I have added to the collection and discovered another benefit. My grandaughter (4 y/o) loves to sit with pappap and look at money. She can't read, but she understands how to handle coins, and even knows how to put them in 2x2's. I hope she aintains the interest throughout her life. Back to the couple you're complaining about. First, where does their money come from? I would be willing to bet they [B]worked[/B] for it over the years. You said they are in their 60's. That's a llot work and effort over the years. Why can't they enjoy their money? Let me tell you what I think about this from my perspective. I am in my 50's, still working at a career that spans almost 30 years. I am by no means rich, but make a comfortable living doing what I do. My family knows that when the time is right, my collection goes to my granddaughter. She'll be free to do what she wants with it. She can continue to add to it or sell it. She loses no money by selling, as she has nothing invested. The selling priice is pure profit for her. So maybe the couple in question is doing exactly that, saving tangible assests for the grandkids, who when they get the hoard and sell, make 100% of the selling price on the items.[/QUOTE]
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