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 Replies: 40 / Views: 4,458 |
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Pillar of the Community
United States
1409 Posts |
Combination. I sell to fund my habit/collection. I am working on a few series, Standing Liberty quarters all in F-VF, LMC's in AU & up, Jeffersons in AU & up, etc. I roll hunt to both hoard and sell. I sell off approximately 25% of the silver I find, which pays for my purchases. I like seeing that others keep a spreadsheet of sales/purchases - I do the same, as I try to only spend profits from finds to build my collection. I do pick up various singles and lots that I'd sell for profit as well, perfect example is a 33 coin lot of SLQs I bought that had two 1917 Type 1's in it in AG-G condition. I sold both for 5x what I paid. Love the diversity here - and it's what makes reading the posts so interesting. |
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Pillar of the Community
United States
1042 Posts |
I'm sorting through a box of Lincoln cents as I type this...searching for wheaties, WAMs, CAMs, Cuds, DDOs, DDRs, et al. Some of which will end up in my "collection"...some of which will be sold. While I'm doing this, I'm also tossing every unwanted pre-1982 cent into a separate pile...for future considerations. I guess you could describe me as being a little bit of both.  Seems I'm in good company here eh?  |
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Pillar of the Community
United States
1659 Posts |
I'm both. I love coins for what they are, but I also get a thrill out of buying low and selling high. It's a great hobby!
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Pillar of the Community
United States
1523 Posts |
Scotty. Maybe we will see you on that show "Horders" at some point? Huge barrels of copper cent that we are sure"Will make something out of them"?Hahaha
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Pillar of the Community
United States
819 Posts |
I'm not only a collector, but a hoarder! Very very rarely do I part with my hard-won finds. I can think of two occasions- and both times the coins went to some one who wanted them even more than I did.
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Pillar of the Community
United States
1304 Posts |
I started out thinking that I could make some cash by collecting coins but after spending time on this forum I am starting to realize that I should be happy if I break even. I have started buying higher grade coins, mostly slabbed Morgans and ASE's. I have learned to enjoy the hobby and buy what I like. I have sold some mint sets but took the money and bought a CC Morgan dollar. I consider myself a collector, with just a hint of capitalist thrown in. |
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Valued Member
United States
258 Posts |
Both. The first rule regarding buying anything you expect to make a profit on including coins is never buy anything you are not willing to be stuck with. Therefore when I buy inventory for resale I am buying for my collection as well. My hope is that it does not become a part of my collection but instead is sold at a profit. This cannot always be the case. In about 40 more years I will probably go through my entire hoard (what did not sell during that time frame), cherry pick the finest of each coin I have to make a set of that series and auction off the rest and give money to the kids and any grandkids. Until then I am buying for resale and enjoying owning my "collection" until someone pays me for it. Sincerely, John Leckrone |
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New Member
United States
17 Posts |
I collected coins when I was a kid (and still have that collection), but then got away from it for decades. Recently, I began acquiring silver bullion (and a little gold). This led me to the bullion coins, some of which have numismatic interest. I view the numismatic interest in/value of a coin as a hedge against fluctuations in its bullion value. My interest in collecting has been rekindled and I'm not sure how much it may spread beyond the emphasis on bullion. I'm mostly a capitalist, but still, if I love a coin it is hard for me to part with it.
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Valued Member
United States
60 Posts |
100% collector. Although I do sell from time to time, I am still a collector at heart.
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Pillar of the Community
United States
588 Posts |
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New Member
Canada
18 Posts |
I am a collector. Period. |
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Pillar of the Community
United States
539 Posts |
a collector for sure. I don't think I have ever sold a coin and I'm not a 'value' collector anyway so even my duplicates are given away to someone who would want to start a collection of common,circulated, world coins.
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Pillar of the Community
 United States
5953 Posts |
OCD Capitalist look for me on an upcoming episode of hoarders I have the acquisition part down pat just can't seem to get the dispersal part down...
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Pillar of the Community
 United States
2600 Posts |
OCD Capitalist. I have never been able to put a tag on it till now. Me thinks all coin collectors are afflicted with at least a mild case. Jim  |
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Pillar of the Community
United States
651 Posts |
I am both a CAPITALIST and a collector. I'll sell my U.S. anytime but not my Mexican. Viva Mexican numismatics and the Mexican Coin Club!
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Replies: 40 / Views: 4,458 |
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Posted 03/05/2010 10:36 pm
