How Do I Get Off Collecting Roller Coaster?

Sooner or later your money or your interest will burn out. When that happens it will probably be a few months before you get back to the hobby. Some people never stop though.

As for liquidation, I can only suggest ebay. It seems to be the best place for an individual to get a decent price when selling anything.

"My most important numismatic asset? My lifetime and abiding interest in numismatics. I can't GIVE that away, even if I wanted to, but I CAN share it."

Well said, sel!

There is no 'off switch' for the roller coaster, but sometimes
it can get stuck.

I suggest you shouldn't liquidate the earlier purchases that no longer fit in with your present collecting strategy.

I keep mine positioned so that I have to go past them to get to the more recent stuff that is part of my present strategy. Every time I see those older things
(fortunately not many and not much $ tied up in them), they make me concentrate my focus and intensify my resolve to stick with my present strategy.

George Santayana said "Those who cannot remember the past are condemned to repeat it." My earlier, "don't fit in w/present strategy" purchases force me to
remember the past with graphic clarity and help me to quell that pesky, ever-present and sometimes overwhelming urge to buy everything that's shiny.

Aside from that -- Unless you're a skilled, money-making flipper, a lot of times when you trade up or move out of one thing and into another, the move costs you
and there's little good in that. In addition, your strategy will change periodically as long as you're still alive. That would imply periodic moving out of this and into
that, so you'd probably end up paying some serious cumulative dues over the years.

I keep my embarrassing, ridiculous oldies right in front of my face. They keep me with the program and on the rails and they remind me daily of what can happen
when I think I know what I'm doing but in reality don't.

Youre lucky you actually got paid by them.

No one should ever do business with Gainesville

Yea I like this thread, because over the weekend I was mulling writing up a thread and just talking about this exact issue, tho I would express like,,, I need to go to a AA meeting for coin collectors.

I mean every time I turn around, there's some silver and gold proof coin I want!! But I am like " wait a minute"... I gotta get this under control because I don't want to be spending my focus on all sorts of stuff and come to regret that for not being disciplined.

SO I do have a plan forward on how I am going to narrow down my focus, and I thought of it from two angles,, from collecting what I want but keep it narrow,, but also, I thought, what IF I had to liquidate.. that also has helped me pull in and focus. More later on the weekend about this.

Yes I agree, tho none of what I bought was for investment. I really enjoy the beauty of these coins. I would hate to part with them. However, none of these coins put me into debt, they were paid for immediately. I love my collection, that is if you love gold and silver proofs from around the world.

But what if... I didnt care for coins anymore (gasp!), what if I wanted to really dig into another hobby and wanted to use that money to get me started in a new hobby, or what if I wanted to go in a completely different direction and coins and stop collecting gold and silver proofs...

In any case, I think that if you factor in that you might need to liquidate.. well,, what coins are going to move faster and which ones wont? I know I love Somalian elephants and I think they are wayyyyyyyyyyyyyyy more beautiful with the big elephants on them over say a Maple Leaf,,, and I will pay whatever for get whats missing for my collection... but I realize I might not find many buyers because they aren't as known or desired as say an Eagle or Maple Leaf. So .. that makes me think then, that I should limit my collection to a handful of these type coins.

I think I am going to write up a nice thread on this for next weekend, I wrote down a bunch of great ideas of how I am going to narrow down my collection and;ll expand the list and then others can learn from it or perhaps even add to it.

If you want to deal with a company that will send you whatever crap they want and then tell you its not their problem including fake silver thats your choice. These are the same people who declared bankruptcy with their last company messing with people out of over 30 million dollars yet have a mansion.

I will not do business with companies like that and dont understand why anyone would. Just google some reviews of them or google National Gold Exchange same people run this.

Theyve screwed over a lot of people including myself sending garbage product out and refusing to exchange it. I took a shot on a foreign commemorative I was having trouble finding in the US, coin came covered in gunk that I dont even know what it was and had to clean it to make it even touch able. They said that wasnt there problem basically

lol I'm just like you! I started with 1oz ASE then moved on to 10oz silver bars, now I'm on that hand poured bar stuff lol... its a addiction that I cant stop lol