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Ever Asked Yourself, What Was I Thinking When I Bought These?

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 Posted 05/19/2019  7:32 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list
yes, I've had that feeling before, but not with coins... at least not yet... I've been extra cautious about it...

...regardless, that's an impressive pile. I like it. you may have missed a few, though. you gonna add more to it?

i suppose you're done snowbirding for the season. we're gearing up for another hot summer and hopefully a quiet storm season. my motto for this year: fewer storms, more coins.
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 Posted 05/27/2019  11:59 pm  Show Profile   Bookmark this reply Add Erscolo to your friends list
One of anything is enough. With a collection of proof sets 1955 to date and mint sets 1959 to date, I already have thirteen boxes. I don't buy to flip, just one to have for the collection.
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 Posted 05/28/2019  11:16 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list

Quote:
One of anything is enough.

That's a very broad and subjective statement.


Quote:
I don't buy to flip, just one to have for the collection.

I'm with you there. I buy two, however. One to put in an album, one to keep in OGP.
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 Posted 05/28/2019  11:25 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I don't buy to flip, just one to have for the collection.
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 Posted 06/10/2019  7:01 pm  Show Profile   Bookmark this reply Add everything to your friends list
I see piles like this at the LCS shop from time to time. I favored some of the special mint sets myself.
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 Posted 06/21/2019  2:39 pm  Show Profile   Bookmark this reply Add howell1018 to your friends list
Two words....baseball cards.
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 Posted 06/22/2019  01:09 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list
Whoever thought that investing in cardboard was a good idea... well.

I bought my fair share (and more) of baseball cards in the late 90s but it was fun for me. For the most part I bought higher end sets and I still have most of them. Finishing some of the rarer parallel and insert sets is still on the fringes of my collecting, some 20 years later.

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 Posted 06/22/2019  01:29 am  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
Two words....baseball cards.


The right ones have actually done very well.
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 Posted 06/22/2019  03:46 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
Cars.
They are the most efficient way of wasting money that I know of.
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 Posted 06/22/2019  12:55 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list

Quote:
The right ones have actually done very well.

Indeed.
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 Posted 06/24/2019  3:00 pm  Show Profile   Bookmark this reply Add dave92029 to your friends list
I have many 2000-2009 silver proof sets. At the time I was accumulating them they were selling for just a little above melt value. Unfortunately "Melt Value" has declined significantly, and when you take the ebay price, less fees and postage, it doesn't really make sense to sell them. Local dealer doesn't want them either.
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 Posted 06/24/2019  3:09 pm  Show Profile   Bookmark this reply Add Pauldog to your friends list
I wonder how much Provident or APMEX would pay. Could be less than ebay, even after fees, though.

At this point, I'd wait and see what happens to the price of silver. It dipped recently, but is now making a nice recovery, and might even keep rising.

I recently bought a small bunch of 1970's commemorative Canadian silver dollars, assuming they were 80% silver, and then learning that they were 50%.
Edited by Pauldog
06/24/2019 11:49 pm
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 Posted 06/25/2019  12:41 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list

Quote:
...it doesn't really make sense to sell them.

Depends on what your goal is. If you absolutely want to turn a profit on a loser* no matter how long it takes then it definitely doesn't makes sense to sell. However if you want to cut your losses and put your money elsewhere where you have a chance of recouping your painful gouges...that might make more sense.

*FWIW: I am invested in silver from when it was stupid to invest in silver. I am hanging on to it because I can and we'll see what happens. I'm in a similar boat so I feel I needed to qualify my subjective remarks.
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