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

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,

kenney => right-on brother => wow, another Canadian!

Hmmm blindness, eh? ... unfortunately, all of the dudes in my family-tree have fallen victim to "Macular Degeneration"

... amazingly, my Dad now lives by himself, he's 100% blind and 88 years old (I know, that sounds ridiculous, right? ... he's actually been 100% blind for the last 20 years ... after a successful career of being an architect) ...

=> oh, but hey, my sister (now 55 years old) drops-by pretty much daily to ensure that Pa is still doing okay ...

Ummm, if you happen to have a stubborn old dude (or dudess) in your family, then you'll totally undertsand that there is absolutely "zero-chance" of convincing my Pa into leaving the house that he built with his own hands 60 years ago, to live his last few years in a nursing home (and totally blind ... so he'd have zero-idea where he was 100% of the day => which would be a total nightmare to a self-sufficient dude, right?) ...

=> so all four of us (his kids) have agreed to let him live-large, and rattle around in our empty ol' childhood home, rather than forcing him to sell the house and move into a nursing home (it was a very hard decision, with Dad basically making the final decision ... get it?) ...

anyway => again, amazingly, the old dawg still makes all of his own meals (sure, mostly micro-waved and/or boiled eggs, etc), and does all of his own laundery (blind ... so sure, every now and then my sister, Jill, has to make sure that his sox are matched, etc, etc) ...

=> but holy Poop, imagine!! ... sadly, my Mum died a few years ago, so he lost "his sight" for she still had her vision but she had pretty-much lost all of her wits in the end ...

=> anyway ... blah-blah-blah ... geeesh, I never even thought about going blind, and the whole coin-part of life!! ... wow, maybe I will be selling my coins before I die!!? (thanks for putting me into a bad funk, sel_691!!)

ahaha => just kidding (sort of) ... but I actually didn't ever think about that part!! (hmmm, "blind and coins" is a pretty poor mix, eh?)

with you trout1105

Steve, it sounds like your Dad is doing what he wants and living a quality life regards of his physical handicap. I want to be the same whenever I get old ( I plan to live forever or at least long enough for my son's to have to change my diapers).