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<p>[QUOTE="Vess1, post: 656157, member: 13650"]GD, it would appear that all your albums are foreign coins. That is what you were interested and attracted to. Non-U.S. And they are very nice.</p><p><br /></p><p> Would it be a fair assessment to say that it is likely the re-sale was not what you thought it could be because of lack of demand and interest in foreign coins compared to U.S. coins? Right or wrong, it is a discrepancy that exists and is not quite the same as comparing someone who maybe bought a MS-66 CC Morgan 50 years ago. Even U.S. coins go through phases where one series will be wildly popular for short time periods. And that is NOT when you want to be buying. </p><p><br /></p><p> Where did you sell the collections? Hopefully not to dealers where you will surely loose your shirt. Did you use online auctions to advertise to a world wide audience for maximum exposure? Was it a good time to sell in hindsight? There's a lot of factors that seem like they have not been presented here and may be misleading to some. </p><p><br /></p><p> I'm somewhat getting into Civil war era paper money. It's a very unique market. While I'm sure there are quite a few people who collect it, in comparison with U.S. coins, the number of people who are interested is probably very small and I would not anticipate making much on re-sale of them if I ever did decide to sell. </p><p> They aren't as popular as Morgan dollars are to people. But it's something I've found an interest in and I don't care what they would sell for some day. They're not for sale. I've never sold a coin yet and don't intend to for a long time (if ever) so I don't have a track record to compare.</p><p> FWIW, I anticipate the bullion value alone in a lot of my stuff will surpass the numismatic prices I've paid. Time will tell. To say we're economically in uncharted waters I believe is a huge understatement. The recent past (the last 50 years) I don't think will be a good indicator to go by for the next 50 years. I would venture to say not even close. But, time will tell.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 656157, member: 13650"]GD, it would appear that all your albums are foreign coins. That is what you were interested and attracted to. Non-U.S. And they are very nice. Would it be a fair assessment to say that it is likely the re-sale was not what you thought it could be because of lack of demand and interest in foreign coins compared to U.S. coins? Right or wrong, it is a discrepancy that exists and is not quite the same as comparing someone who maybe bought a MS-66 CC Morgan 50 years ago. Even U.S. coins go through phases where one series will be wildly popular for short time periods. And that is NOT when you want to be buying. Where did you sell the collections? Hopefully not to dealers where you will surely loose your shirt. Did you use online auctions to advertise to a world wide audience for maximum exposure? Was it a good time to sell in hindsight? There's a lot of factors that seem like they have not been presented here and may be misleading to some. I'm somewhat getting into Civil war era paper money. It's a very unique market. While I'm sure there are quite a few people who collect it, in comparison with U.S. coins, the number of people who are interested is probably very small and I would not anticipate making much on re-sale of them if I ever did decide to sell. They aren't as popular as Morgan dollars are to people. But it's something I've found an interest in and I don't care what they would sell for some day. They're not for sale. I've never sold a coin yet and don't intend to for a long time (if ever) so I don't have a track record to compare. FWIW, I anticipate the bullion value alone in a lot of my stuff will surpass the numismatic prices I've paid. Time will tell. To say we're economically in uncharted waters I believe is a huge understatement. The recent past (the last 50 years) I don't think will be a good indicator to go by for the next 50 years. I would venture to say not even close. But, time will tell.[/QUOTE]
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