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<p>[QUOTE="oz_in_ohio, post: 3044188, member: 89534"]Crayzd, I personally think you are right with the flooding of the market. I have 2 kids and both in their 20's...Their mother steered them away from numismatics and philatelics as she had no interest herself...Mind you though when i sold a minimal amount to buy a chevrolet cruize for cash and a 60% deposit on a home, she was ok with that. That was in 1986. She , the ex , did not mind the coins and stuff then when she saw what i sold them for.</p><p> . In other words there was little mortgage owed on the house and owed nothing on the car with the aid of the selling of part of my collections. I am proof that one does not need to complete high school and go to college to make it in life. I quit high school early and was retired before i turned 55. That was all due to stamps , coins and banknotes as i used the time frame ( when there was the intrest ) to sell them off. This leaving the stuff for the children , grandchildren or a rainy day is useless in my eye. Sell it , make the profit and go onto the next venture. Use it the same as compound intrest...Use what you earn to invest into more and that way nothing will come out of your pocket other the intitial 1st investment. If you dont believe me, ask any of them on shark tank. I had in my will that my children inherit the entire collection when i pass on to simply to make their lives easier when starting their families, but altered it as soon as i moved to USA in 2011..If my kids dont have any intrest in it , then why leave it to them. Just so my kids were not left out. i left them us$1 each ( and they live in Australia where i originally come from ) ...Hence my username , oz_in_ohio... The $1 was only so they ( my kids ) could not say i left them nothing. <span style="color: #ff0000"><b>If any of you had seen the movie " WAR OF THE ROSES WITH MICHAEL DOUGLAS" , please refer to that and you will understand my reasoning.</b></span></p><p>If kids are not interested these days, why leave it to them?? That is their problem. My kids made it clear they did not want anything to do with my coins or stamps or any other collectibles , so i have left the proceeds to the USA epilepsy society located in Ohio.... Crayzd , it took a while for me to smell the coffee with my kids attitude to the hobby and all i can say is it will happen time and time again to many more families. That is why dealers get people coming in with huge collections or estates wanting to dispose of them as the kids of today have no intrest. Several things i can see happening. Banknotes will flood the market and the values will dwindle due to supply becoming greater than demand, </p><p>....stamps will be used on packages like i do right to this very day no matter the age and rarity of the stamp , simply to use them up ( pictures included ) and coins made from precious metals will be melted into bullion. As a retired stamp and coin dealer ( over 35 years ) i have seen it all..Have you ever heard of the saying " I TOLD YOU SO??".</p><p>Please just remember those 4 words above in caps. </p><p>I am sorry but i could not picture the other side of the packages as it had the adress of people and i am respecting their privacy. These 3 are just examples but</p><p>i have a lot more. there was no point placing them all in here and wasting space.</p><p>..Regards...OIO[ATTACH=full]760356[/ATTACH] [ATTACH=full]760357[/ATTACH] [ATTACH=full]760358[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="oz_in_ohio, post: 3044188, member: 89534"]Crayzd, I personally think you are right with the flooding of the market. I have 2 kids and both in their 20's...Their mother steered them away from numismatics and philatelics as she had no interest herself...Mind you though when i sold a minimal amount to buy a chevrolet cruize for cash and a 60% deposit on a home, she was ok with that. That was in 1986. She , the ex , did not mind the coins and stuff then when she saw what i sold them for. . In other words there was little mortgage owed on the house and owed nothing on the car with the aid of the selling of part of my collections. I am proof that one does not need to complete high school and go to college to make it in life. I quit high school early and was retired before i turned 55. That was all due to stamps , coins and banknotes as i used the time frame ( when there was the intrest ) to sell them off. This leaving the stuff for the children , grandchildren or a rainy day is useless in my eye. Sell it , make the profit and go onto the next venture. Use it the same as compound intrest...Use what you earn to invest into more and that way nothing will come out of your pocket other the intitial 1st investment. If you dont believe me, ask any of them on shark tank. I had in my will that my children inherit the entire collection when i pass on to simply to make their lives easier when starting their families, but altered it as soon as i moved to USA in 2011..If my kids dont have any intrest in it , then why leave it to them. Just so my kids were not left out. i left them us$1 each ( and they live in Australia where i originally come from ) ...Hence my username , oz_in_ohio... The $1 was only so they ( my kids ) could not say i left them nothing. [COLOR=#ff0000][B]If any of you had seen the movie " WAR OF THE ROSES WITH MICHAEL DOUGLAS" , please refer to that and you will understand my reasoning.[/B][/COLOR] If kids are not interested these days, why leave it to them?? That is their problem. My kids made it clear they did not want anything to do with my coins or stamps or any other collectibles , so i have left the proceeds to the USA epilepsy society located in Ohio.... Crayzd , it took a while for me to smell the coffee with my kids attitude to the hobby and all i can say is it will happen time and time again to many more families. That is why dealers get people coming in with huge collections or estates wanting to dispose of them as the kids of today have no intrest. Several things i can see happening. Banknotes will flood the market and the values will dwindle due to supply becoming greater than demand, ....stamps will be used on packages like i do right to this very day no matter the age and rarity of the stamp , simply to use them up ( pictures included ) and coins made from precious metals will be melted into bullion. As a retired stamp and coin dealer ( over 35 years ) i have seen it all..Have you ever heard of the saying " I TOLD YOU SO??". Please just remember those 4 words above in caps. I am sorry but i could not picture the other side of the packages as it had the adress of people and i am respecting their privacy. These 3 are just examples but i have a lot more. there was no point placing them all in here and wasting space. ..Regards...OIO[ATTACH=full]760356[/ATTACH] [ATTACH=full]760357[/ATTACH] [ATTACH=full]760358[/ATTACH][/QUOTE]
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