thinking about selling out?

ldarrellc · Senior Member

I am honestly thinking of selling all My coins. which isnt much. I love collecting them that is true but I also more then anything love finding them. Am i going to quit coins all together? HELL NO lol! I will still buy MY cents from the bank and search thru them. But keeping up with them and the ones I do have can be very stressful for Me. Would rather just look for them find them and send them on there way. It has nothing to do with money I just like the thrill of the hunt if that makes sense and if I can make a few dollars on the side what the hell.

what is your comment on this? what do you think I should do? Please give an honest out right oppion!

coop · Expert Member

Darrell: I think your age would have a lot to do with what you should do as far as collecting. I was going to gather coins till I retire and then sell them. I've seen the prices on the key dates sky rocketing. What I paid $45 for is now worth over $100 is just a few years. So if you were young, the long haul might be the way to go. Collect the best coins you can afford, BU, then sit on them. Make sure your getting quality coins. These coins will continue to raise in price. The more collectors there become, the greater demand for the BU grade coins. Circulated AG, Good, VG I don't see the prices raising so fast. But the BU coins should be a good investment. Some like to catch and release what they find. Later on they will kick themselves for not keeping them, but that is just their game. So coins are a hobby. What you collect or sell is part of the hobby. So do what you like best. IMOHO

Dick · Expert Member

Darrel, Coop gave you his side of the picture, and I'll give you mine. He is "collecting coins until he retires". I, on the other hand, had to retire before I could collect coins! We live on a Navy Pension, and Social Security check. We own our home, (Mobile home), and live in a senior park. Our utilities are covered in the park rent, and run about $525/mo. average. Pretty cheap. The kids are all parents., or grand parents, so our income allows me to indulge. I don't sell anything. I did spend around $300-$500/mo on coins for a while, but dropped that down, because the quality of the coins I was buying in "lots, and collections" was getting pretty bad. I buy more proof sets ,and mint sets, now, than anything else. I have, since joining the forum, have bought a few boxes of cents, and quit buying boxes of quarters. The cents I keep, and the quarters finally went to buy my QSZ scope. We are spending the kids inheritance , and I'll leave the kids a lot of wheats. That will give them something to look thru, but nothing to fight over! Again as Coop says do your own thing, because you are the one who is enjoying it.
BTW, Coop, Do you realize it is 33 outside? It is only 1760' here but it is COLD! WE had a light snow, yesterday morning, early!
Dick

coop · Expert Member

Dick: It has been very cold here. In the past years the heat bill was the highest at $169 in one month. This year it has already hit $318 last month. Still cold this month also. So I guess I will have to figure out how to pay the heat bill. I guess coins is out for a while and I'm returning boxes of circualted Cents more regularly now. But I didn't realize I had 6 boxes ready to go back. So I take them 1 per day when I go to work. They get real heavy quick, so I only take one at a time.

ldarrellc · Senior Member

for the past 2 days here we have had to have the air condition on or the fan blower on the air condition going. I feel that will be changing soon as it is drizzling rain right about now and is suppose to turn a lil bit colder.

carlb · Advanced Member

This is an old post but I'll say this. I am retired. I've been collecting coins for aout 60 years and just can't stop. If you don't want to continue and money is no object, just find some kid on these forums and give them all to them.
Now here is a mystery. The person that started this post joined in 05 Oct 2006 according to the notation at the far left. However, this post was made 2,5,2005. In other words posted over a year before joining???????????????

ldarrellc · Senior Member

I either think you are being confused carl or something is wrong with your computer this posy was made jan 14th 2007

Dick · Expert Member

Carl, If one enjoys what one is doing, it becomes very hard to stop! I, like you have the same problem, only, I DON'T want to stop. Darrel is just changing the way he is going to go about it, but like all desert rats, one can leave the desert, (for while), but never leave it forever! Can't be done. It may not be the same place, but the same conditions will still exist. I have been "collecting", if you will, coins for about the same length of time aas you. The big difference probably is that you are more or less organized, while I am a "pack rat" I just gather them in, and after they have been put away for a while, I go look thru them again, several times, (since joining the forum)! I'll bet we aren't more than a year apart in age. I'm 81. I'd hate to think I had to give up my "pennies"!
Dick