Despite being an active collector, I also buy some coins for the sole purpose of selling them. Well, here are two I bought and was secretly hoping wouldn’t sell at the price I listed, but are gone now. Anyone else have a coin they regret selling? Feel free to share yours!
At least it was only 2 coins. I have regrets selling 2/3 of my original collection, about 200 coins, back in 2012. Never again.
Same here, back 2002 I was unjustly fired from my job (office politics) and had to sell most of my collection. It wasn't as large as it is now but it hurt to do so.
Marked as best answer. I think I’ve said this before, but I have a modest personal collection budget. My wife lets me buy coins with our family investment money, provided I believe I can (and intend to) sell it for a profit. That lets me buy beauties like these, but means I can’t keep them. @-monolith- @Rushmore I’m really sorry to hear about both of your experiences.
I have so many I've regretted selling, but at the time, I really needed the money I got from them. Now that I'm more financially stable, I usually only sell to upgrade, which I'm ok with. Maybe the universe will bring those ones I regret selling around again sometime!
Gosh, yes. Don't we all? Where to begin? Pre-ToughCOINS, I lamented selling a Choice BU 1873-CC N/A Half Dollar and a mint state 1919-D Walker, among others. Since then, there have been numerous additional coins . . . a really well struck XF / AU 1853-O No Arrows H10c, a perfect XF 1851-O quarter, a terrific toned 1855-O quarter in XF, a perfect VF 1857-S half, a really choice 1887 Gold $10 . . . there are lots I'm sure I've forgotten . . . where to stop? I can't buy more if I don't sell more . . . .
I sold a gold $5 Liberty once. I was at a coin club meeting and showed another member an 1873 gold lib that was on eBay for a couple dollars over spot, just in case someone else was interested as I was still on the fence about buying it for myself. Another member expressed interest in it but wouldn't have the money until next month. He said he would buy it from me if I decided to pick it up. When I got home the seller sent me an offer for $20 less than the asking price and eBay sent me an offer for 10% eBay bucks on my next purchase. I figured how could I go wrong, so I bought it. The guy that was interested paid the full $400 asking price and I made a couple bucks for the transaction.
Good heavens, how much time do you have? It could take me days, and an entire thread, to recount my past "seller's remorse" coins. In 48 years, mostly due to financial instabilities in my life, nearly my entire collection has been burnt to the ground and rebuilt- perhaps three or four times. One involuntary selloff was in 2008, when I was laid off in the Great Recession, and sold my entire Roman coin collection. I also sold all the gold off my famous Holey Gold Hat. Then I rebuilt, but around 2013-ish I sold off almost everything again (intentionally that time- a self-induced purge). Built back yet again, but when my credit card debt mounted to alarming levels, I did another major purge of my collection in the late 2010s. But each time I've "built back better", and put to use all the lessons learned. And one of the most vital of those lessons is material detachment. While I do get sentimental pangs over some coins I've sold off, in the grand scheme of things, it's all just stuff, right? Over time, we're just temporary caretakers of these things, after all. One piece I really regret selling was an incredible gilt proof Irish 1805 penny, in NGC PF64 UCAM. Sadly, no pics of it survive. This little Macedonian Choice MS gem that went to live with @kazuma78 is one of my more lamented sold coins. This Hadrian sestertius with a former Boston Museum of Fine Arts pedigree is another "seller's remorse" coin for me. In recent years, I did buy another Hadrian sestertius to "replace" the one above (not quite), and as a "consolation coin", it's certainly not bad (it got a "Fine Style" designation from NGC). But it doesn't hold a candle to the one above, in my opinion. I do still own this one, however. PS- @Seattlite86 - cool klippe! I have owned (and sold) a couple, but never in a full thaler denomination. I do have one klippe in my current collection, but it's actually a 20th century piece rather than 17th century. So it's not a "real" klippe in my estimation. But it's pretty.
We'll there is a happy ending (so far), I have replaced all the coins with similar or better specimens and in just two years have doubled the size of my original collection.
I fall into this camp. I didn't start acquiring more coins until much later in life when it was disposable income. I was totally broke several times during the 80s and early 90s but I never once considered selling the coins from my grandfather. The most I ever did was spend a pile of non-silver Kennedy halves on cigarettes. I don't regret that but it was stupid to smoke for as many years as I did.
When I was a middle school kid circa 1980, they put in a Space Invaders video game machine at the convenience store a block from my house. I got hooked, and it ate many of my quarters. Including all the non-silver Washingtons in my Whitman album. I even resorted to scrounging in the sofa cushions.
I had the parents that said did you get your homework done? Yes, then get out of the house and do something. We had an Atari 2600 never got to play it though.
I had to go to my friend’s house to play Atari. He had the Asteroids cartridge. I didn’t have any of that. I did, however, have an impressive wicker laundry hamper chock full of some of the coolest 1970s vintage Legos. But I digress, and apologize for derailing this thread off-topic. Resume “seller’s remorse about sold coins” topic.