Do You Think You'll Ever Sell Your Coins For A Profit?

My sons will have to sell my coins. As for the "dozen or so dudes", maybe we are. I just think we are the vocal few (some of us more vocal than others, eh?)

Hey jwh => your next post is your 2000th (do I get a prize for noticing?)

I've sold a few coins in the past, but I would never sell off my collection. It will pass on to my son, than it will be up to him what he will do with it.

Congratulations on the 2000 posts!! lol

Sometimes you can get decent deals from purchasing coins here and I have. Quite a few of my first coins were from JW and they are decent coins. Doing that also helped me because I didn't quite understand the market at first or what was real or not. It's a bit different than US coins.

Who knows if I will sell any of my coins in the future, but as for now. No way. I have seen a few collectors already that sell some of their coins to get upgrades or some coins that they like as well.

I never sell for a profit. If a coin is something that I could get a profit for, I usually want to keep it. I have traded a few coins and sold coins for exactly what I paid (rarely for less when I wanted to be rid of a duplicate/upgrade/mistake. I don't collect for financial gain but because I like the coins.

I do have coins that never were in my 'collection' and sell them when I can but am too lazy to work them up in such a way they could be sold. Most I sold were locally at a club meeting or to friends. Once I bought a lot of 34 denarii to get one ("The Bride") and ended up accessioning about ten of them. The rest went to the trade stock. There is a major difference between being a dealer and a collector or at least should be if you are to do well at either.

I like my ancients too much to sell them. The only selling I've done lately is with coins from my US collection (which I don't collect anymore), and that was to add more money to my budget for ancient coins.

I've heard that a lot of big-ticket ancients are bought/sold as "investments", but I suspect it's too easy to overbid on coins with high demand--just to make it yours. The demographics of collectors may point to the future of coin values. Once the Baby Boomer bulge sells or hands down its collections, there may be more coins on the market, including ancients.

But that has little to do with my inclination to sell my coins. I've bought and sold a few modern coins, sometimes for a profit--but I doubt I'll ever sell my ancients. They're more like small pieces of history to me--and worth more to me than just monetary value.

It's a great hobby where family members can all participate if they have the interest. And, like you said, just think of the history lessons that go along with each coin. BTW, welcome.

Regards,