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How actively do y'all sell and/or trade coins?
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<p>[QUOTE="gxseries, post: 1832310, member: 4373"]I used to do a lot of buying (or rather hoarding) and this is when a lot of coin prices were actually very cheap. Some of the rarer coins from my collection were bought essentially during the golden era where precious metal prices were essentially less than half of today's prices. I was a student back then and owning coins in each precious metal (Ag, Au, Pt, Pd) was very doable. Not today. </p><p><br /></p><p>Even common base metal coins are going at absurd prices as more information reveals that some years are tougher than expected. Some of the mint sets that I bought for less than 50 dollars have gone up more than 10 fold and there are times when I am tempted to sell them. Damaged, holed coins - those have gone up as well as I kept on targeting scarcer coins which today almost none appears. Shows how different the market is today.</p><p><br /></p><p>Fast forward today - some of the coins that I look at are easily in terms of three digit figures and this is where my hoarding habits come in handy. I would sell off some of the duplicates and upgrade whatever I have or plug in some holes. Chances are I would make more loss and still spend more but it helps to offset a fraction of the really big purchases that I make.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 1832310, member: 4373"]I used to do a lot of buying (or rather hoarding) and this is when a lot of coin prices were actually very cheap. Some of the rarer coins from my collection were bought essentially during the golden era where precious metal prices were essentially less than half of today's prices. I was a student back then and owning coins in each precious metal (Ag, Au, Pt, Pd) was very doable. Not today. Even common base metal coins are going at absurd prices as more information reveals that some years are tougher than expected. Some of the mint sets that I bought for less than 50 dollars have gone up more than 10 fold and there are times when I am tempted to sell them. Damaged, holed coins - those have gone up as well as I kept on targeting scarcer coins which today almost none appears. Shows how different the market is today. Fast forward today - some of the coins that I look at are easily in terms of three digit figures and this is where my hoarding habits come in handy. I would sell off some of the duplicates and upgrade whatever I have or plug in some holes. Chances are I would make more loss and still spend more but it helps to offset a fraction of the really big purchases that I make.[/QUOTE]
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