If you sold your WHOLE collection . . .

Discussion in 'US Coins Forum' started by russell1256, Mar 17, 2026 at 12:17 PM.

  1. russell1256

    russell1256 Well-Known Member

    I started a thread like this in another forum but asked the question wrong. I asked if your collection is 100% insured and you are guaranteed to get 100% of it's value, would you want your collection stolen? You would be able to start your collection all over again. BUT the better question would be if you could sell your whole collection for it's actual current value, would you sell and start all over?
     
    russell1256, Mar 17, 2026 at 12:17 PM
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  3. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    I would probably put alot of the $$$ into fewer higher-quality coins.

    I might even stretch for an MCMVII High Relief Saint. :D
     
    GoldFinger1969, Mar 17, 2026 at 12:20 PM
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  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    If I wanted to sell my collection I would have done so by now. It’s a hobby and I enjoy doing it. :)
     
    Collecting Nut, Mar 17, 2026 at 12:59 PM
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  5. geekpryde

    geekpryde Husband and Father Moderator

    Simple Answer: Absolutely not.

    Longer Answer:

    Are you asking how I would value each coin, or 100% of how someone else would value my coins (eg Insurance adjuster)?

    There are many coins that the insured value would not accurately reflect the actual scarcity of the coin due to special characteristics that a particular coin has. Old holder, CAC sticker, special toning, neat feature like desirable die-cracks, chop marks, etc.

    Example, I own a CAC approved PCGS Doily high grade Ike worth FAR more than what any full retail price guide would suggest. So even if I got 100% of the retail value, it would be a devastating loss to have stolen.

    What about a curated collection of monster toned coins? There is just no way an insurance company would pay me its true value. In fact, I think even I would undervalue it. Really only way to know is to sell at Auction.

    If every part of your scenario is hypothetical and fantasy based, and I got my own personal declared value for every coin, including toning and slab premiums, I would still say NO.

    I've just worked too long and hard to curate a Type set that I like and can afford, the replacement value at this point is weighted more heavily towards TIME and not CASH value.

    My collection is relatively small at ~180 coins. If I had a 10,000 coin raw collection, well I might have a different answer. ;)


    Fun Thread topic, by the way. I am curious how others anwser.
     
    Last edited: Mar 17, 2026 at 1:12 PM
    geekpryde, Mar 17, 2026 at 1:00 PM
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  6. KBBPLL

    KBBPLL Well-Known Member

    For me personally, I don't see the point. The coins I've bought over the years I bought for specific reasons, and if I'm going to start over collecting for the same reasons, why? I already have them. When I've changed my interests, I just bought those too. Some coins I will never sell for sentimental reasons, so selling my whole collection is out of the question anyway. If I sold off all of the rest, it would only be to save my heirs the hassle and just leave them the money. I wouldn't start over.

    There are some where I made a bad choice that I could see selling so I could make a better choice, upgrade, whatever, but that's piecemeal and not dumping everything.

    Can we change your criteria to a choice between actual current value or getting back what I paid?
     
    KBBPLL, Mar 17, 2026 at 1:01 PM
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  7. The Meat man

    The Meat man Supporter! Supporter

    No. I'd just end up getting most of the same coins back anyway. I like my collection! :)
     
    The Meat man, Mar 17, 2026 at 1:11 PM
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  8. johnmilton

    johnmilton Well-Known Member

    Starting over at this point would be impossible. There are so many pieces which represented opportunities which won't come again in my lifetime that there is no way to replace them. Some are tokens which are not worth a forture but which have a very small number of survivors.

    Also the cost of going to shows to find the coins, tokens and medals would not be part of the insurance settlement. No, if I want to start over, I'll sell and do it that way.
     
    johnmilton, Mar 17, 2026 at 1:14 PM
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  9. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    My collection is about 140 coins, too.

    I thought it was larger -- closer to 200 or so -- but give or take a few coins, it's 140, tops.
     
    Last edited: Mar 17, 2026 at 1:38 PM
    GoldFinger1969, Mar 17, 2026 at 1:18 PM
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  10. Publius2

    Publius2 Well-Known Member

    Ditto. I've been doing that piece by piece for a while now - selling off things I'm not collecting anymore, selling off pieces I don't like and upgrading with new coins and etc.
     
    Publius2, Mar 17, 2026 at 1:20 PM
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  11. ksmooter61

    ksmooter61 Not in Kansas anymore

    No. My collection has little "value" but means a lot to me, so selling would be pointless.
     
    ksmooter61, Mar 17, 2026 at 1:28 PM
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