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<p>[QUOTE="GDJMSP, post: 2794282, member: 112"]For most of my life I collected US coins. But in later years I decided to give that up and switched to collecting world coins, specializing in gold. So, I sold my entire "collection" - all the US coins. That was 1 collection.</p><p><br /></p><p>Now during all those years sure there were coins that I bought and they became part of my collection. And as time passed if I found a nicer one I might sell the old one and keep its replacement. But selling the previous example doesn't mean it was never part of my collection, it most definitely was. It just wasn't any longer because I replaced it.</p><p><br /></p><p>Now of course there were also times that I bought coins, which were particularly nice, fulling intending at the moment I bought them to sell them to someone else, because I knew I could make profit on that coin. I used to cherrypick dealers all the time. Those coins were never a part of my collection. </p><p><br /></p><p>When I stopped collecting US coins and switched to collecting world coins, as I mentioned I sold my entire US collection - every single one. And then for years I collected only world coins. And during that time I cherrypicked coins as well. Later on, I discovered that collecting the coins themselves was not what I had truly loved about the hobby. But that it was the study of the coins that I truly loved - not the collecting. So once again, I sold my entire collection of world coins.</p><p><br /></p><p>So, as I view it, during my life I had 2 collections, one of US coins and one of world coins. The defining factor for me is that any coin you buy intending the keep as a part of your collection - is a part of your collection. And the fact that you might sell it later on doesn't change anything - it still was a part of your collection. But if you sell it, it just isn't anymore.</p><p><br /></p><p>In other words intent is everything. Intend to keep it - part of the collection. Buy it knowing full well you intend to sell it - not a part of your collection. It's pretty simple.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2794282, member: 112"]For most of my life I collected US coins. But in later years I decided to give that up and switched to collecting world coins, specializing in gold. So, I sold my entire "collection" - all the US coins. That was 1 collection. Now during all those years sure there were coins that I bought and they became part of my collection. And as time passed if I found a nicer one I might sell the old one and keep its replacement. But selling the previous example doesn't mean it was never part of my collection, it most definitely was. It just wasn't any longer because I replaced it. Now of course there were also times that I bought coins, which were particularly nice, fulling intending at the moment I bought them to sell them to someone else, because I knew I could make profit on that coin. I used to cherrypick dealers all the time. Those coins were never a part of my collection. When I stopped collecting US coins and switched to collecting world coins, as I mentioned I sold my entire US collection - every single one. And then for years I collected only world coins. And during that time I cherrypicked coins as well. Later on, I discovered that collecting the coins themselves was not what I had truly loved about the hobby. But that it was the study of the coins that I truly loved - not the collecting. So once again, I sold my entire collection of world coins. So, as I view it, during my life I had 2 collections, one of US coins and one of world coins. The defining factor for me is that any coin you buy intending the keep as a part of your collection - is a part of your collection. And the fact that you might sell it later on doesn't change anything - it still was a part of your collection. But if you sell it, it just isn't anymore. In other words intent is everything. Intend to keep it - part of the collection. Buy it knowing full well you intend to sell it - not a part of your collection. It's pretty simple.[/QUOTE]
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