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 Replies: 25 / Views: 4,271 |
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Pillar of the Community
United States
513 Posts |
Poll Question
For those who sell coins, under what business structure do you operate? (among other things, this dictates how/if revenue from sales is reported to the IRS)
Edited by Garoyn
09/06/2015 11:11 am
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Pillar of the Community
Sweden
1078 Posts |
I voted offset hobby expense. Sell stuff you don't want for stuff you do want  Fortunately/Unfortunately it doesn't happen that often. |
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Pillar of the Community
United States
1192 Posts |
Only sell super limited and usually it's just a trade with a dealer. Stuff I find in coin rolls etc. He likes me and let's me trade 1964 halves for walkers and franklins etc.
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Bedrock of the Community
 United States
12817 Posts |
Offset hobby expenses, but like X2an, it rarely happenes for me.
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Pillar of the Community
United States
4469 Posts |
I sell on ebay. When I do an up grade, I sell the removed coin to off set expenses. I am considering selling an entire set, so I can start a new set. |
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Bedrock of the Community
United States
20753 Posts |
Never sell coins but if I ever did, would not mention to anyone.
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Bedrock of the Community
Canada
10743 Posts |
Quote:
Never sell coins, but if I ever did, would not mention to anyone.  |
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Bedrock of the Community
United States
94367 Posts |
Yes, agree.  Edited by Coinfrog
09/07/2015 7:20 pm
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Moderator
 United States
188130 Posts |
Huh?  I do not sell my coins.  |
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Pillar of the Community
1153 Posts |
Quote:
Never sell coins but if I ever did, would not mention to anyone. Why's that? |
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Pillar of the Community
United States
562 Posts |
Just started selling off extra coins in my collection myself. It's better to have one high grade coin you appreciate than 10 low grade coins that you ignore.
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Pillar of the Community
United States
2850 Posts |
Yes I do sell. I don't like hoarding them all so I just sell off what I don't need/like.
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Pillar of the Community
United States
3843 Posts |
Coins are kind of like jelly donuts for me! I haven't sold one of either so far, since I buy them to make me happy and they both serve that purpose very well. Maybe I'll start selling in the sometime in the distant future but currently its just a hobby.
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Pillar of the Community
United Kingdom
856 Posts |
I was given a lump sum to spend on my hobby. I therefore have to sell to fund new purchases so my collection is semi (in that I also add in cash I receive as Christmas and Birthday gifts) self-financing. I have sold on ebay, privately to other collectors and part-exchanged coins against the cost of a purchase from a dealer ... basically I look to fill gaps and/or upgrade what I have. I almost never buy a coin to sell on. My aim is to improve the 'eye appeal' of my collection. Making a profit is useful, but incidental. . |
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Pillar of the Community
United Kingdom
548 Posts |
No, I'm like the British Museum. Once something enters my collection it doesn't leave.
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Pillar of the Community
United States
932 Posts |
I only collect coins that I personally like, however, I may consider selling my coins from early on in my collecting days...
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Replies: 25 / Views: 4,271 |
Posted 09/06/2015 1:18 pm
