Absolutely. Of course, the word means "Disappointed in someone or something that one discovers to be less good than one had believed." so I'm fairly certain you have every reason to be. Quoted for truth. edited
Stick to the topic at hand and leave the political aspects out of the discussion or the thread will be closed.
But, it is part of the discussion! The original topic asked if it is greed that prompts someone to sell their collection, and we are simply pointing out the myriad of financial difficulties which may force someone to have to sell with nothing but survival in mind. Chris
I have no problem with you discussing finacial difficulties. What I have a problem with is the poitical aspects of it. Leave those out and discuss away.
It's the same over on the currency side....times are tough, and some collectors need money to survive. One currency collector is going thru a mid-life crisis and is selling most of his collection to buy a new Camaro. Jess Lipka just sold a good portion of his National "Red Seal" collection at a Lynn Knight Auction.
Slightly off topic, but a Camaro (hopefully a 68 Z-28) is cheaper than a divorce. (mine was a 911 SC :smile) Back on topic, selling unwanted coins/currency to feed other interests (hopefully numismatic) maintains harmony at home and allows you to keep working on finding that elusive 1796 half cent.
It's certainly easy to accuse others of greed. Easy, trendy, and conformist. "Greed" is the "in crowd" word. I decided to sell coins long ago for one major reason - it's the only way to know for sure if the coins I'm buying are really worth what I'm paying. I was quite amazed at how much I learned about coins by selling coins. I strongly encourage folks to sell a few coins. It's quite educational.
What tha... ? Wha... ? You gotta be kidding me. Somehow, we've connected selling coins with selling loved ones and internal organs ? I sell coins. Is it fair to say "it's just my mentality" ? That I "just have no sentiment for anything in life" ? Before we make those sort of accusations, one should consider the following : if no one SELLS coins, no one can BUY coins.
By that I am guessing you mean ... you'll be SHOCKED at how little you get (how much less that all the guides and sheets say it's "worth". Do i have your drift right?
i agree with 900fine, as i just bought a really nice 1806 Draped Bust Half from him ... thankfully he was selling it!
I don't think it's all greed. People just sell stuff. If they didn't we wouldn't have stores to shop in. I don't really sell any of my personal collection of coins, but I see why some might for a multitude of reasons. I understand how some might have a hard time understanding why people do that, as I'm that way with land....I hoard it and would never sell a single bit of mine unless times were truely dire for me. Guy
I've been collecting since I was five. One day, I'll be a lot+five. At that time, I might decide to sell my collection(s) or parts thereof. In the meantime, I'll enjoy them. Seems a no-lose proposition to me.
sometimes , some people are getting enlightened for some misterious reason and they do realize that they are mortal. Why would you let somebody else sell your coins? ................................................................... www.deadcount.blogspot.com
I was a little quick on the post. Read #4 - it does help you learn both sides of the equation. I am still in the process of cleaning out my collection with help of 900fine. I have quite a few coins which will not sell - these are in my albums to stay. Then there are others that if I get an upgrade they will be sold. Basically using my collection to feed my collecting habits.
While there are only a few reasons for buying a coin, there are countless reasons for selling them. Probably the single most common is that the owner needs the money. Another is upgrading, another is changing directions in your collecting habits. But without a doubt the most uncommon reason for selling is education. And strangely enough, it should be the most common reason for selling. Every experienced collector, every expert and I mean real experts not just those who think they are, will tell you the same thing. You NEED to sell coins now and then. You will learn far, far more from selling coins that you will ever learn from buying them. In fact, selling them teaches you HOW to buy them. You could never read a book in your life and yet still learn enough to get by by selling coins ! Even if you never listen to anything else I ever say or have said, listen to this. Sell some coins !
I don't think it's greed at all. Sometimes collectors like myself change their focus to another coin, you start with war nickels and maybe you change to silver quarters that's part of the fun. Out with the old, and in with the new even if the new is old!! Capeesh?
I meant to add something and forgot, but the OP is right in a way. There are a great many out there who do sell coins because of greed. But with those people the only reason they ever buy them to begin with is so they can sell them. Of course there are also those within that group who do this purely so they can buy more coins that they want to add to their collection
Well, I don't know about internal organs, but one time, on our way to a party, all dressed up, we pulled into a store for my wife to buy something and I did not see that she stuck the price tag on my back: $2.59 ... and no takers all night. We've been together ever since. Well, I agree with that, for sure. There is the simple selling back across the counter. But I first set up as a dealer at a local show about 15 years ago. I did not do it often, since, but, as I said, I am doing it again. You learn by everything you do, so, yes, I recommend that all collectors take a swing at this ball: try your local club show, if nothing else. Long ago, a local guy who turned professional said to me that when he started out, he bought whatever he liked, and did not sell anything. Then, he started buying what other people liked and sold more. And there are other venues. Again, when I first got into the hobby, I subscribed to Numismatic News because they gave (give?) free classified ads to subscribers. You get to see for yourself how popular your favorite coins are. And you can run coins between dealers. People do it at big shows: buy the coin here and flog it along the floor until you sell it there. According to legend John J. Ford did it as a child among New York City dealers. The learning includes the coins (paper, etc.) but mostly includes people -- other people, and yourself.
