I never thought this day would come(sell my entire collection?)

Discussion in 'Coin Chat' started by zach67005, Apr 27, 2012.

  1. zach67005

    zach67005 New Member

    We've had some ripples, & I filed for separation from the wife. She can't afford her challenger, doesn't have a job yet & has no place to live. I meant the whole thing as a wake up call, she seems to think we'd make a better boyfriend/girlfriend with our own everything. I don't know what I want anymore, just tired of the debt & lies. I have quite a large sized eclectic collection with at least 3-4k in melt value silver alone. Not to mention all my copper or my notes. Anyway (I realize I'm rambling), I have some nice coins, some conditional rarities, & some average/low end stuff too. I'd like to cover her first/last months rent &buy her a thousand dollar car. What's the quickest way to liquidate everything without losing too much of the value to the convenience of a quick sale? eBay would be a pain to have to go through & fotograf each piece +wait for all to sell + wait for the PayPal to clear, etc. B&M would probably not be open anytime I could get up to Wichita. Craigslist isn't called flakelist for no reason. I'm just too messed up to think straight right now. Any ideas?
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  3. bkozak33

    bkozak33 Collector

    Why dont you keep the coins and take the money out of your savings account
  4. onecoinpony

    onecoinpony Member

    If you owned the collection before marriage it is your separate property in most states. However you sound as if you are about to make a gift (or commingle) them for her rent. You need to talk to a lawyer, stat.
  5. Zlotych

    Zlotych Member

    Give her nothing and keep your coins. She's an adult, she can take care of herself.
  6. Lon Chaney

    Lon Chaney Well-Known Member

    My opinion? Give her the minimum that she requests. Enjoy being single once again. This kind of opportunity doesn't come very often.
  7. Kasia

    Kasia Got my learning hat on

  8. rodeoclown

    rodeoclown Dodging Bulls

    My suggestion is, keep your personal life off a public forum and go talk to a lawyer. Posting these types of things can bite you in the rear end later on down the road.
  9. morbidsteve

    morbidsteve New Member

    I am sorry for your misfortunes, but maybe the best way to liquidate a large amount and not get screwed wold to be to sell to a forum member. edited

  10. rodeoclown

    rodeoclown Dodging Bulls

    Depends, in some states property or ownership might be favored to the individual who owned it before marriage but if one has a better lawyer and depending on how the judge decides if the two people can't come to an agreement, then you can lose what was yours before marriage. The basic rule is, once you get married, it's 50/50 on everything. Marry a reasonable person and try to stay civil if you can't be together. I can't blame a party for going after the others personal belongings if they hold value if that person say, screwed around on them or treated them wrong. ;)
  11. lucyray

    lucyray Ariel -n- Tango

    Zach, Take a deep breath. A lawyer is great advice. Thinking time is a good idea. Get away by yourself to clear your head before doing anything hasty. Your wife may go, but your collection...to part with... that quickly? Sounds like you may be enabling... Well, take a step back and get clearer headed. And mostly, don't listen to advice from everyone! Get some tunnel vision going and really think of what you want and what's best in the long haul for both of you.

    All just my opinion.

    Ann Landers.

    (oops, I meant "Lucy")
  12. zach67005

    zach67005 New Member

    Maybe I wasn't all that clear, well I know I wasn't. I do have a Lawyer. I did retain the house, kids, dogs, coins, etc. She has the car, but can't afford it. She's bouncing betwee grandma's house, & her aunts house until she gets a job (The 7th i hope) & manages to save enough to get a place to rent. The savings & checking account has been misappropriated (I had to put up the title to my boy's 4 wheeler to cover a $1500 check that should have more than 3x cleared). Rodeo, you are correct about too much information. But the bottom line is that the cash is gone (I'll be ok, I make decent money)& I want to make a gift of the proceeds of my collection. What would be a one stop shop to get some liquidity?
  13. rodeoclown

    rodeoclown Dodging Bulls

    I'd say, just stick to asking about selling your coins, keep the personal stuff off the forums.

    Honestly, I'd say keep the coins and help her out when you can in other ways. You'll regret it one day if you sell off collectibles that are important to you. But yeah, keep the personal stuff off a public forum for sure, we don't need such details.
  14. Hunt1

    Hunt1 Active Member

    Why do you have to pay for her car...im missing the point. You're giving up your personal enjoyment for a car that goes down every year...a dodge might i add.

  15. urbanchemist


    brother i feel ya man. i just went through a divorce myself. that in itself is enough to deal with, then having to worry about selling off your collection. i have sold most of my currency collection and i am starting with my coins now, luckily i didn't need money asap so i sold everything on ebay over months. as mentioned maybe put it in the for sale section and see what you can get rid of. that would yield the most money in the quickest amount of time. no b&m store is gonna give you anything close to what its worth. i wish you luck my friend. may the force be with you
  16. icerain

    icerain Mastir spellyr Supporter

    As others have said, use the coins as a last resort. Mainly because if and when you decided to buy back your collection. You will find out you're going to be paying more for them. Use other means if there are any to help her out.
  17. gbroke

    gbroke Naturally Toned


    PS. sorry about your situation and good luck.

    Edit: Just re-read your original post and noticed your mention of craigslist. Sorry!
  18. zach67005

    zach67005 New Member

    I dunno, maybe I'm getting guilted a little. We've been apart for 8 days now & it's her first scheduled "parenting time" with the kids. So I have all weekend to think about things. I've cleaned the house about 7 times today so far, LOL. I just want her to have a place of her own. Especially when she has the kids. She won't have the money for the car payment in two weeks, so if she does get this job she will need a way to get back & forth. Sigh, this sucks. I told her I would sell the collection, she doesn't want me to do it(but dang sure wouldn't stop me). I still don't know for sure if I will. But if I do, I need to know how.
    Thanks all for the advice, and listening.
  19. zach67005

    zach67005 New Member

    Hunt, I don't have to pay for it. She needs to make a $393 payment + $115 ins payment each month. It would be much easier for me to buy her a $1000 car that she can get liability coverage on.
  20. Hunt1

    Hunt1 Active Member

    Yes i understand.

    I work in the insurance industry. While the value of the car only will help your:

    Comp & Collision

    If she has higher limits on her combined, PIP, med payments, bodily injury, etc...

    The value of the car has not a lot of substantial effect. While rating may be different in kansas, I have seen MANY clients sell off their secondary 1, 2, 3 thousand dollar cars, because it simply costs too much to insure with the minimum limits in Florida. What am i trying to convey? That the cheaper the car has little effect on the biggest portions of the policy; the liability excess coverages which you refer to.

    All in all, i sincerely hope it works out for you. Everything has a reason in life, good luck and keep your head up
  21. Hunt1

    Hunt1 Active Member

    I also forgot to add that some companies might take away a 5-10% discount (if it was offered in the first place in rating) because of the loss of marriage discount, plus the homeowners discount can possibly be lost. Even if those two things are not offered as discounts through the carrier, the definetly play a part in rating the risk.
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