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 Replies: 19 / Views: 2,981 |
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Pillar of the Community
United States
964 Posts |
I don't know about you, but I remember how special my coins were at the beginning of my collecting days. Now I find coins in almost every room and closet in my house. Coins in my cars and in my garage! Is there such a thing as having too many coins?  |
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Rest in Peace
10197 Posts |
Never! Never! What you talkin' about, Willis! As Roycoinboy says "Why do you collect coins...why do you breathe!"  Besides which, you'll always a source of change for those midnight runs to (and from...) Taco Bell!  |
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Moderator
 United States
14463 Posts |
Maybe or you may need more organization.  |
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Bedrock of the Community
United States
10284 Posts |
I think there is merit to your question. It is a personal thing though.
You have to ask yourself and answer it for you only.
For the third time now in my life, I have cleaned out my excess coins.
First two times I made a little money, I may regret a few I gave up but so what? You can't take it with you when you go.
( and even if I could, I sure wouldn't want to. )
Maybe this current excursion with hiring an auctioneer will get me a little money. I need a new lawnmower and the wife can have the rest of the money.
But what coins and stuff I'm left with now is the stuff that I can enjoy and actually look at.
It fits in the safe too. If I kick the bucket at least my wife or the grandkids won't be overwhelmed with a pickup truck full of stuff. I've had a full load over the years, that's for sure.
Keeping that hoard would surely have had them dumped for peanuts to a drooling coin dealer's "house call" once I moved on.
There came a time when I realized that I was in the pursuit of the pursuit of happiness and more was never enough. Before you get drowned, keep the best and sell the rest.
They aren't kidding when they suggest to new collectors to buy the best grade and coins you like that you can afford when collecting.
Of course learn about what it is that you are after before forking over the dough. You might also consider trading for better coins, but you'll never get the better end of a deal trading up immediately.
Eventually, it may pay off because you have the better coin rather than a box of so-so stuff. The better coin will appreciate while the common stuff hardly does.
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Pillar of the Community
Canada
955 Posts |
 Caaaaa-reepy TheNickelguy. At almost the same time you posted I was doing what you describe with my own collection. Trading is really working well for me . I've got dozens and dozens of MS raw coins from the mid 80's and newer A good question Mr Click and I agree with TheNickelguy, that question is one you answer yourself .  And... Quote:
"Why do you collect coins...why do you breathe!"  Also very true |
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Pillar of the Community
Norway
1358 Posts |
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Bedrock of the Community
Australia
21788 Posts |
If your collection is so large that you cannot easily find a particular coin, the answer is 'yes'.
That is the time for culling, and perhaps a little profit.
Over 50 years, I have had two major culls. After each cull, the direction of my collection changed significantly.
Beginning:- Australian type set of all denominations, where each type was represented by the rarest date, plus Australian gold type set of 17 coins.
First cull.
Ancient coins in all three metals, plus some significant moderns.
Second cull.
World coins from the invention of coinage all cultures, up until around the 1950's, when silver was mostly withdrawn from circulation.
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I have kept most of my books acquired over that time. They are the 'tools of trade'. A lot of them are not replaceable; coins ARE replaceable.
My most valued numismatic possession ? My love of numismatics. No one can steal THAT from me !
Edited by sel_69l
03/04/2017 04:24 am
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Moderator
United States
34418 Posts |
I agree with TNG and sel that occasional culling and/or taking profits can be a healthy part of one's numismatic journey.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Rest in Peace
United States
18456 Posts |
I believe you can never have too many coins . The problem for me is weight ! I'm afraid my desk and dresser will collapse at any moment .  |
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Bedrock of the Community
United States
11951 Posts |
As another week goes by .. and I added a good amount of coins to my collection .. that I don't have space for .. I agree with TheNickelGuy. If your collection is growing so large your running out of space to put the coins. Than that is a problem. My name is Tom and I am addicted to coins .. I am told admitting you have a problem is the first step to getting it under control .... I hope in the near future I can do something like TheNickelGuy and thin down my collection to just the coins I really enjoy having. |
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Valued Member
United States
424 Posts |
Too many coins? That is something only you can answer but I have to add, if you gotta ask then maybe so. I have culled my collection a few times over the years and I regret each time I have done this. I really miss those coins. I'm more of a pue collector though. Now I have discovered the best way to keep my collection under control. I call it 'The Granddaughter Effect '. Whenever she is around that ugly two letter 'N' word does not exist in this grandfathers vocabulary. She is now going through and picking out of my collection (it is a family collection really) what she wants. Last week she wanted to see my coin books, this is what she calls my Dansco albums. I offered to buy her any album she wanted but she just wanted one from the collection. She picked the blank Nickels album because it had the fewest coins in it. I guess when she learns to cherry pick then she will snag the ASE album and the 7070. I'm good with it, the whole collection will be hers someday. Edited by Oldephriam
03/04/2017 09:10 am
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Rest in Peace
United States
18456 Posts |
Quote:
My name is Tom and I am addicted to coins ..
Tom , they made a shirt just for you , and the rest of us .  |
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Pillar of the Community
United States
1963 Posts |
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Bedrock of the Community
United States
11951 Posts |
T-BOP That shirt says it all  |
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Rest in Peace
United States
10625 Posts |
Short answer - No
Long answer - No Way!
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Pillar of the Community
United States
1314 Posts |
Blasphemy! No such thing as too many coins. Maybe a need for more storage space. Possibly a lack of organization. One might even consider replacing the duplicates with something new and exciting. But too many coins is no more possible than too tasty a meal, too inspiring a sermon or too pretty a girl.
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Replies: 19 / Views: 2,981 |
Posted 03/03/2017 10:46 pm
