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How Do You Organize Your Collection? (A Beginning Collector Question)

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Pillar of the Community
ty88ty2's Avatar
United States
772 Posts
 Posted 12/30/2019  11:17 am  Show Profile   Bookmark this reply Add ty88ty2 to your friends list Get a Link to this Reply
Honestly, I don't think its THAT bad. I like the ammo-can idea. Personally, I have my "main collection" which consists of coin albums and folders, and a few 2x2/flips. The bulk of my collection however is sorted into rolls, and then into boxes based on denomination and type. I've never been a fan of putting everything in 2x2's, I consider that more for the valuable items.

With all of your coins Snoopy, starting with the cents, I would sort out the wheats and coppers, keep the copper memorials in one ammo-can, wheats in another, etc. Of course, pull out rarities, but leave the rest in the cans. You could also sort by date and roll them up, but with the volume you have, that would be time consuming. Ammo-cans would hold the rolls nicely. It also wouldn't hurt to offload some of the collection either here or on ebay to make room. That being said, you don't HAVE to, its your collection! Good luck!
Valued Member
Snoopydoo's Avatar
United States
443 Posts
 Posted 12/30/2019  12:56 pm  Show Profile   Bookmark this reply Add Snoopydoo to your friends list Get a Link to this Reply
Great advice, I do need to downsize, I guess I'll save the 2X2 for uncirculated and rare coins and come up with a hybrid for the others and keep in rolls and ammo cans.
Thanks for taking the time to answer.
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jbuck's Avatar
United States
188938 Posts
 Posted 12/30/2019  4:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I have lots and lots of ammo cans full of change... More ammo cans full of other stuff.
Impressive!
Pillar of the Community
Classic Coins's Avatar
United States
940 Posts
 Posted 12/30/2019  4:51 pm  Show Profile   Bookmark this reply Add Classic Coins to your friends list Get a Link to this Reply
Snoopydoo, I agree with others that suggested that you have accumulated too much.

To hopefully put things in more perspective, I saved wheat cents and pre-1950 Jefferson nickels from circulation for about 20 years, and accumulated five rolls of wheat cents and one roll of early Jeffersons.

A few months ago, I decided to sell these rolls. Selling online seemed senseless to me due to prohibitive shipping costs, so I took the rolls to my local coin show. I offered them to several small-time dealers that sold such coins in bargain trays or whatever. The rolls were a tough sell, but I found a buyer who paid 1.5 cents for the wheats, and this was only because I had some earlier dates in the teens and 20s. The only early-date Jeffersons I could sell were the silver War Nickels (I just spent the rest).

I believe every coin collector eventually arrives at a time when they decide to get rid of the least desirable or least valuable coins in their collection (or the ones that take up the most space). If you think hard about how exactly you would do that with your collection when the time comes, you might decide to adjust your acquisition habits soon. Selling the volume that you have might be heartbreaking when you're faced with the reality that I realized, only multiplied by a thousand times.
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Snoopydoo's Avatar
United States
443 Posts
 Posted 12/31/2019  09:14 am  Show Profile   Bookmark this reply Add Snoopydoo to your friends list Get a Link to this Reply
Thanks everyone for some great, but hard to swallow advice.
I think I'm avoiding getting rid of anything because deep down I know "classic coins" hard truth about what I'll get,
for my perceived treasures will be heartbreaking.
Falsely, in my mind if I keep everything, (the poor quality, or non rare) items, they will come back in value because time will clear out a lot of inventory through melting for metal value, etc, making them hard to get for new collectors in years to come.
I have thousands of uncirculated coins bought directly from the mint as well, that I will probably not get my money back on either.
I think I'm also under the false illusion that I will be able to sell the entire collection/accumulation all in one shot, the good with the bad.
I never intended on selling them, my dream was to pass them on to a child, however my only child did not survive, my only sibling passed away without children, my family line is over with me, so I know someday I will need to try and sell this all off before I die.
Fact is, your all right, I have too much, and will never get what I think their worth.
Very emotional that my lifetime thinking and views as I collected, was wrong.
It's going to hurt, but your all right.
Thanks for the wake up call!
Edited by Snoopydoo
12/31/2019 09:18 am
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