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<p>[QUOTE="1934 Wreath Crown, post: 2532567, member: 76965"]We all worry about financial commitments, job security etc. but a hobby helps one overcome some anxiety and feel good. I started collecting GB silver several years back and then switched to sovereigns and other nice examples in the yellow stuff <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />.</p><p><br /></p><p>For me eBay bidding was a great learning curve. I bought some really bad stuff, some fakes (unintentionally) and some good stuff. My worst hit was on a fake 1847 Gothic Crown worth $$$ purchased from a so-called reputable dealer with an impeccable positive feedback profile from many thousands of buyers. I learnt not to rely on feedback profiles since most eBay buyers are not qualified to comment on fakes. Later I switched to more reputable dealers and auction houses with slabbed coins simply to get away from fakes. It worked for me.</p><p><br /></p><p>What I have also realized over the years is that selling coins is not that easy. One has to wait several years to make it worthwhile after deducting selling costs of between 12-20%. It is very difficult to sell something you've cherished in the past, at a loss. Also like all things, coins also go through a cycle, so you have to wait to catch it near the peak when selling. I have seen coins achieving much higher prices in 2013-14 than in the current market. Just my observation.</p><p><br /></p><p>You are obviously one of the younger members on this forum and therefore, I suggest you pace yourself. Try to see which part(s) of your collection no longer interest you and sort those out for 'selling'. Sell them when you feel they are achieving the desired prices on auction sites, including eBay. Concentrate more on getting that one special coin or type that you've always wanted, from the sale proceeds.</p><p><br /></p><p>In the meantime, just participate in forums like this and enjoy the coins that other members post, if those are of interest to you. I never feel I have to own a coin to appreciate it or comment on it.</p><p><br /></p><p>Finally, with a baby on the way, you will be elbow deep in soiled nappies in a few weeks/months and will yearn for a full night's sleep. For the first few months I doubt if you'll have any spare time to even visit us here, leave alone search for particular coins. So just enjoy the experience and spend quality time with the family.</p><p><br /></p><p>Hope everything goes smoothly and you are blessed with a happy and healthy baby. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="1934 Wreath Crown, post: 2532567, member: 76965"]We all worry about financial commitments, job security etc. but a hobby helps one overcome some anxiety and feel good. I started collecting GB silver several years back and then switched to sovereigns and other nice examples in the yellow stuff :). For me eBay bidding was a great learning curve. I bought some really bad stuff, some fakes (unintentionally) and some good stuff. My worst hit was on a fake 1847 Gothic Crown worth $$$ purchased from a so-called reputable dealer with an impeccable positive feedback profile from many thousands of buyers. I learnt not to rely on feedback profiles since most eBay buyers are not qualified to comment on fakes. Later I switched to more reputable dealers and auction houses with slabbed coins simply to get away from fakes. It worked for me. What I have also realized over the years is that selling coins is not that easy. One has to wait several years to make it worthwhile after deducting selling costs of between 12-20%. It is very difficult to sell something you've cherished in the past, at a loss. Also like all things, coins also go through a cycle, so you have to wait to catch it near the peak when selling. I have seen coins achieving much higher prices in 2013-14 than in the current market. Just my observation. You are obviously one of the younger members on this forum and therefore, I suggest you pace yourself. Try to see which part(s) of your collection no longer interest you and sort those out for 'selling'. Sell them when you feel they are achieving the desired prices on auction sites, including eBay. Concentrate more on getting that one special coin or type that you've always wanted, from the sale proceeds. In the meantime, just participate in forums like this and enjoy the coins that other members post, if those are of interest to you. I never feel I have to own a coin to appreciate it or comment on it. Finally, with a baby on the way, you will be elbow deep in soiled nappies in a few weeks/months and will yearn for a full night's sleep. For the first few months I doubt if you'll have any spare time to even visit us here, leave alone search for particular coins. So just enjoy the experience and spend quality time with the family. Hope everything goes smoothly and you are blessed with a happy and healthy baby. :)[/QUOTE]
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