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How do you know when to stop collecting and start selling off your coins?
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<p>[QUOTE="johnmilton, post: 8666073, member: 101855"]I suppose you decided to sell when the fire to collect has gone out of you belly, and you have lost interest.</p><p><br /></p><p>I have cut back on my U.S. coin purchases, not because I have lost interest but because of CAC and the grading issues. When CAC becomes a grading company, it could get worse. All of the NGC and even some of the PCGS certifications could turn to dust if many collectors believe that CAC is perfect. I love what I have, but I don't want to buy very many more expensive U.S. coins. Spending a bunch on money on certification is time consuming and not fun</p><p><br /></p><p>I am very active in the British and ancient Roman areas. I am still adding to those collections, and I prefer to buy rare coins when I can. NGC does good job with the Roman coins, but I still prefer raw pieces.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 8666073, member: 101855"]I suppose you decided to sell when the fire to collect has gone out of you belly, and you have lost interest. I have cut back on my U.S. coin purchases, not because I have lost interest but because of CAC and the grading issues. When CAC becomes a grading company, it could get worse. All of the NGC and even some of the PCGS certifications could turn to dust if many collectors believe that CAC is perfect. I love what I have, but I don't want to buy very many more expensive U.S. coins. Spending a bunch on money on certification is time consuming and not fun I am very active in the British and ancient Roman areas. I am still adding to those collections, and I prefer to buy rare coins when I can. NGC does good job with the Roman coins, but I still prefer raw pieces.[/QUOTE]
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How do you know when to stop collecting and start selling off your coins?
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