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My 7070 Dilemma

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Author Previous TopicReplies: 10 / Views: 1,338Next Topic  
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kevro22's Avatar
United States
250 Posts
 Posted 11/21/2012  10:52 am Show Profile   Bookmark this topic Add kevro22 to your friends list Get a Link to this Message Number of Subscribers
Hi all. I am currently 56 holes complete in my 7070 quest, including the gold page. I collected alot of type coins (including some key/semi dates)in my youth with no real direction or strategy. Just bought what I liked and what I could afford, these are mostly circulated grades, nothing exciting. I got out of collecting for 15 years or so but recently I got back into collecting and bought a 7070 album. I was excited to have alot of the 7070 holes easily filled with what I had on hand. For the ones I did fill, I have alot of duplicates. For example, I filled the Morgan hole with a nice 1880 with some decent toning, but I have 10 other Morgans, including an 1883-CC in VF, just sitting in another album. Same goes for some duplicate large cents, halves, etc. Since I do have limited funding for this hobbby, I do also technically have some good stuff to trade for to fill some of the other holes in my album. Here's my problem: I'm too sentimental on alot of these. Some of the Morgans came from my grandmother, some other coins my dad bought for me (and he has since passed), etc. Just curious as to how any of you have handled this, if you've been in the same situation, etc. I don't know that I would or could sell or trade much of what I have but if I did it would help me get some of the other big holes filled, and those duplicates would go to other homes that would appreciate them more than I possibly am now. I guess I just need help deciding what to do, any Psychologists on this board please respond!
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Coindog's Avatar
United States
917 Posts
 Posted 11/21/2012  11:02 am  Show Profile   Bookmark this reply Add Coindog to your friends list Get a Link to this Reply
To me the answer is easy. Sentimentality rules over all. Its easier to buy a coin for a bunch of money then to lose a coin that has sentimental value. m betting you got into collecting because of some of those coins?
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52Raymo's Avatar
United States
8516 Posts
 Posted 11/21/2012  11:10 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
You would regret, later in life, selling the coins your grandmother and father left you.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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ArrowsAndRays's Avatar
United States
1654 Posts
 Posted 11/21/2012  11:20 am  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
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bobbymeru's Avatar
United States
285 Posts
 Posted 11/21/2012  11:28 am  Show Profile   Bookmark this reply Add bobbymeru to your friends list Get a Link to this Reply
You can never replace the value of the sentiments if you were to sell/trade them. Sell/trade the ones with no sentimental value.
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Moe145's Avatar
United States
8904 Posts
 Posted 11/21/2012  11:43 am  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Keep the coins you have. You'll never regret it.
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 11/21/2012  12:07 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
I inherited my Dads collection several years ago. The collection was mostly coins he pulled from circulation. There were a few exceptions, mostly coins that he specifically sought out or that had been given to him by family/friends. When I inherited the collection I didn't do anything with it for several years. I eventually came to the conclusion that I could trade off the coins pulled from circulation & keep the ones that had special significance to him. These coins are not high dollar but they still hold a special place in my collection. It's been several years since then & I don't regret that decision.

On the other hand....My Dad was the National Marble Champion in the 50's. When I was a kid he gave my brothers & I the marbles he had saved. It didn't take too long for the 3 of us to lose every last one of those, & I still regret it.
Edited by trdhrdr007
11/21/2012 12:08 pm
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Bryan1315's Avatar
United States
14454 Posts
 Posted 11/21/2012  1:11 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I know none of these posts are what you were expecting when you wrote what you did as you were looking for a little push to change your mind that it would be alright to trade/sell the coins that mean so much to you. That just isn't the case, as you have seen above some of us have been where you are and may have chosen the path you are thinking of taking. Some seem to be alright with their decision but I was forced to take that route and have regretted it ever since. The difference is how much the items meant to the person who you received them from or the memories the items hold when you look at them or hold them. Like trdhrdr007, He had coins from his father and that wasn't something that really reminded him allot of who his father was so he traded those off and is fine with it but yet if he could get the one thing that did remind him of his father (in this case the marbles) I am sure he would do what ever it took to get them back as he has regretted ever letting them out of his site since they were gone. I guess what I am saying there is nothing going to replace those feelings with a true sentimental item that brings back memories every time you gaze upon them no matter what you get in exchange for them and once they are gone they are usually gone forever and you can start to miss them rather quickly and may even hate doing it right after they leave your possession and that feeling never change. I guess its really how much the items mean to you when you look at or hold them that will answer your question, but it seems you have already answered that question with your comment that you think you would never be able to trade/sell them because of how attached you are to them and in my opinion you should stick with that feeling and just get the coins you need when you can
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kevro22's Avatar
United States
250 Posts
 Posted 11/21/2012  1:12 pm  Show Profile   Bookmark this reply Add kevro22 to your friends list Get a Link to this Reply

Quote:
betting you got into collecting because of some of those coins?


Yes, one is an 1899-O Morgan in terrible shape from my grandmother. I'd never sell that one, I used to look at it when we went to visit her and I got it after she passed. I'd say 30-40% of what I have is sentimental or has something/someone attached to it, the others are just coins I remember buying and being excited about at the time, but they are just random dates of coin types I already have. Thanks for the thoughts thus far...
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jbuck's Avatar
United States
187950 Posts
 Posted 11/21/2012  2:11 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
To me the answer is easy. Sentimentality rules over all.
I agree with the consensus regarding sentimental value.
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basebal21's Avatar
13014 Posts
 Posted 11/21/2012  5:48 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Personally I would keep the ones the family gave you or at least one of each type/any with a real special meaning to you and trade the rest of the duplicates.

What it really comes down to is will you regret trading those coins or be happier with the new ones for the 7070?

Its really only a question that you can answer regardless of what anyone else says.

The best advice I could possibly give you for this is to do nothing. You can always trade the coins at a later date if you decide thats the right path for you but getting them back will be much harder or near impossible. Until you are 100 percent sure you want to use them for other coins, just stand fast and think it over.
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