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Growing Bored With My Collection... Rant And A Few Questions...

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Half's Avatar
United States
606 Posts
 Posted 06/21/2016  06:13 am  Show Profile   Bookmark this reply Add Half to your friends list Get a Link to this Reply
Great advice already!

I would just like to add one thing.

Keep track of your collection if you do stop for a little while. I had a small collection when I was a teen and I am still looking for it. LOL Specifically a nice civil war token.
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UltraRant's Avatar
Norway
1358 Posts
 Posted 06/21/2016  07:55 am  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
Honestly, don't start a Wheat cent collection and then start complaining that your individual coins have little value.

I actually don't see a problem here. I collect a few type sets myself simultaneously, I have a few coins in larger quantities, I have tons of coins that don't make sense when brought together, at least according to some people, and I'm very happy with my collection. Because it's my collection and I defined it as my collection. So all I put in my collection fits perfectly in my collection, because I decided it does. To me it actually adds charm to have some 'weird' coins in my collection.

I think you take this 'doesn't fit with my collection' thing a bit too serious or you really are a purist. To me, having quarters and dimes and nickels and cents makes perfect sense, as it's all 'Murican coins. Use them as conversation pieces or as added context for your other coins. If you really want to narrow it down and are 1000% sure that you never will start collecting some of those types and if they're seriously bothering you, then try to sell them or trade them for some coins you actually value. My personal experience, however, is that 'regret' shows up at your door at some point and refuses to leave your house afterwards. Usually he's accompanied by 'growing insight' or 'change of view'.

And don't worry too much about not having done it 'right' the first time. The nice thing about this long term hobby is that we all keep on learning and growing into it. And that you can easily replace any piece with a better fitting piece, without having to take the rest apart first. I made a lot of mistakes and probably still make, according to my future self, when starting mine.
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 06/21/2016  08:10 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
Stick to QUALITY and not quantity.

Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 06/21/2016  09:21 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
When I became a little stale with the way I felt about my collection, my strategy was to expand my numismatic horizons, such that I would always have a lot to learn.

Have been on a steep learning curve ever since, and probably will remain so, until I finally 'kick the bucket'.

I started to atrophy, when my collecting target in Australian coins was reached. Sold most of my collection.

Then, I decided to learn about Roman coins, then ancients generally, then into all coins up into 1800, (when 'modern' machine made coins were first produced), then finally into World coins, up until about the time silver had almost dissappeared from being issued into circulation, in the mid 1960's.

This process took about 15 years to evolve.

Now, my collecting interests do not extend much past the 1960's, unless there is a real bargain to be had.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 06/21/2016  09:51 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Having various coins dancing around your main focus, like Buffalo nickels, for example, isn't a "bad thing", imo.
Having a few Large Cents, a few 3CN's, a few Shield nickels, a few Morgans, just lying around with no plans, goals, or direction, just means a "future" start should the need or interest swell there. Which, if one sticks with this hobby, as you said you intend to, different coins attract us at different times. It's okay to have other stuff that doesn't fit right now, for it may in the future. Or for your inheritors (children).
I don't let "not having a complete set" of something bother me too much.
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DavidUK's Avatar
United Kingdom
2624 Posts
 Posted 06/21/2016  10:02 am  Show Profile   Bookmark this reply Add DavidUK to your friends list Get a Link to this Reply
I have always had multiple collections on the go... and only once did I have a sell off (when gold hit a high I sold off a bunch of gold sovereigns... regret it now but needed the money then... )

I don't know how old you are but Rome wasn't built in a day... I have completed a few of my goals, am close on a few more, and some I have a long way to go.... it was more interesting to flit between a few different area's than just focus on one... and for instance in one area I am looking for two particular coins that aren't very common... better not to rush it but just keep my eyes open and collect elsewhere before they come along.

Collecting is like a sickness in some ways... this feeling that you need to complete what you started. You won't be finished though, as soon as you complete you will move onto something else. Much like we are all in some permanent state of dissatisfaction.

Chill and realise there is plenty of time.
Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 06/21/2016  10:28 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
After consideration, I'm planning on putting together these sets:

US Type
Lincoln Cents
Indian Head cents
Buffalo nickels
Shield nickels

Those will be my main focus



I will try to offer suggestions with out sounding harsh.


First .. everyone gets that feeling with their collections.
Somehow you have to come to a understanding with yourself
and what is possible for you as a individual.

At this point in your collection you said


Quote:
After I'm done looking at these, I turn around and look at my coin collection. Its valued at about $1,500, which is pretty nice, but 40% of that is tied up in tiny coins valued at $4 or less.


What would have made you happy?

The new direction you mentioned


Quote:
After consideration, I'm planning on putting together these sets:

US Type
Lincoln Cents
Indian Head cents
Buffalo nickels
Shield Nickels


Will send you down the same path, well all except the Type set.

The Indian Head cents, Buffalo and Shield nickels have the same
possible outcome. A lot of lower priced coins and several
higher priced empty holes.

High grade Indian head, Buffalo and Shield sets would cost
a lot of money.

For me, I do have the Indian Head cent and Buffalo nickel
albums. But I have never really focused on them, but have
filled empty holes over the years when I found good deals.
The empty holes I have left are some of the higher priced
coins, but in time they will come to me.

My suggestion would be to do a couple sets you would be happy with,
but have a good chance of completing.

Something like
U.S. type set
Morgan dollar date set
Jefferson nickel set

Many people will take 10 to 20 plus years to complete the
type set. Then more years to upgrade.

The Morgan date set, you could pick a grade you would be happy
with, coins good eye appeal, maybe VF to AU. And stick to your plan.
Over a few years you could really put a nice set together.

Or a really nice set AU to BU set .. but 2 or 3
of them would get into the higher price range.

(The $1500 you have in your Lincoln's you might complete
a Date set)

Use the Jefferson set to fill your need of buying coins when you can't find or afford Type and Morgan coins.
For the Jefferson's stick with Bu and/or proofs, if you
decide to go with the with proof issue album.

This is not a race, it is a hobby. There are several different
levels of collecting that depend on income level or
how much your willing to spend on each coin.

Just find yours and have fun.
Edited by GR58
06/21/2016 12:09 pm
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Garoyn's Avatar
United States
513 Posts
 Posted 06/21/2016  12:13 pm  Show Profile   Bookmark this reply Add Garoyn to your friends list Get a Link to this Reply
start a new collection, of course

https://en.wikipedia.org/wiki/Rai_stones



Growing-Bored-With-My-Collection...-Rant-And-A-Few-Questions...
Bedrock of the Community
United States
20753 Posts
 Posted 06/21/2016  1:47 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Not sure what it's like to get bored with this hobby. Just to many different types of coins out there. To many places to find them. To many other collectors trying to get what I need or want. To many coin shows, coin stores, hobby stores, etc. Unlike many other hobbies, this one has to many different possibilities of things to not get bored.
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