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 Replies: 28 / Views: 5,457 |
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Pillar of the Community
Canada
1505 Posts |
Poll Question
I've been cleaning up my collection of "stuff" a little bit over the last few weeks trying to reduce the quantity of stuff I don't really collect, duplicates or otherwise don't want.
I thought it would be interesting to hear how much the rest of you have squirrelled away. I was a little surprised at how much I have accumulated and have not started to dispose of it.
In the end, I'll probably take the money and just buy more, lol. But it does feels kind of nice to get rid of some things.
Edited by purelywasted
11/05/2020 06:35 am
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Pillar of the Community
United States
1494 Posts |
I put 10%. But that depends on what you consider duplicates. I count different mint marks, years, etc. as different. Some collectors would consider those duplicates. I guess it all depends on one's point of view.
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Pillar of the Community
 United States
8938 Posts |
Not sure how to respond here. I have many "collections" so to speak and count each as a different being. For example my type set is the most expensive at easily $18,000 or more, but is less than fifty coins. My die varieties and errors collection is worth maybe a few thousand or so but is hundreds if not in the thousand plus range. Even then, I have 300 of just one RPM. I don't need that many, but I can't sell them either so they just sit.
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Bedrock of the Community
Australia
21786 Posts |
I have had a consistent collection strategy for more than 50 years. There are no duplicates or unnecessary coins in the collection.
That strategy is to build a collection that describes the development of World coinage systems covering the the whole of numismatics since the invention of coinage 26 centuries ago, - 'sort of' museum type of collection.
One of the advantages of this strategy is that if I see any coin for sale at a really good price, it is an easy decision to acquire it - otherwise known as 'buying well'.
Excellent opportunities for buying well come up often, and I am never short of choice (because the choice is so wide), to decide on the most advantageous 'best buck for value' coin that may be available.
The learning curve remains steep.
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If you have lots of duplicates, you may wish to have good philosophical look at your collection, and consider if some new collecting strategy may be more suitable to your own numismatic interests. The duplicates you have could end up forming a new branch in your collection.
On the other hand, you may decide to rationalize, and dispose of the 'non core' parts of your collection.
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Pillar of the Community
Canada
5585 Posts |
As a large cent variety collector and have helped with more than a couple intense research projects in the past, I am inundated with thousands of coins waiting for my well-over 70+ years mind to come to some type of decision of what to do. I can count on one hand, and not use all the fingers, the number of people who need/want 5-6,000 Vickies and about half that many Eds and Geos. Needless to say, I matked the last block.
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Pillar of the Community
Canada
2781 Posts |
I selected 10%,
But that is probably 10% of VOLUME for my Canadian pre-confederation Tokens.
Where as my OFEC is at 300 coins, with 50 lbs of "surplus" still needing a new home. In this case the value of the 300 far exceeds the 5000 left overs - so I am still at 10% - but in this case 10% of VALUE.
Now, just to through a wrench into the mix...
Of my surplus I keep everything (100%) pre WWII, not as a "collection", but as a hoard, and won't be looking to dispose of it.
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Valued Member
United States
493 Posts |
Okie, I'm in the same boat as you!!
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Pillar of the Community
United States
1316 Posts |
according to my wife, all of it is excess. :) Thanks, I'll show myself the door.
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Pillar of the Community
United States
7273 Posts |
I don't know to answer this. I have a few high grade MS coins that are slabbed but they are just nice coins. I have 2 2019 s ERP that are just extras and they are worth over $1000 each. I have a few rolls of silver again that are just extra. I consider my collection my albums. I guess I'm at 60/40 since the a high % is expensive but not in an album.
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Pillar of the Community
Canada
617 Posts |
I must be lazy or one of those folks who just can't seem to part their junk. I would say that easily half of what I have is a duplicate, probably more.
I hereby vow that one of these days, if I feel like it, maybe, I might just get around to thinning the herd just a bit.
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Bedrock of the Community
Australia
21786 Posts |
Apparently there are:
hoarders
accumulators
stashers
coin collectors and
numistmatists.
Most probably, there is an element of all of these in all of us.
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Moderator
 United States
188052 Posts |
I keep all of it.  I also would like to move this to the Main forum for a broader sample, if there are no objections. |
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Pillar of the Community
710 Posts |
Also 10%. I suspect like most people I have some varieties, errors, and coins I'm looking to upgrade.
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Pillar of the Community
Canada
617 Posts |
Around 10%.
Stuff that I've upgraded with numismatic value gets sold for best price available.
Bullion goes on the bullion pile (which I've at least now sorted, put into tubes, and recorded).
Old bronze and nickel coinage goes into tubes in a shoebox - when it gets full, I'll get rid of it.
Pocket change goes into the Coinstar, when they start operating it again.
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Pillar of the Community
Canada
1923 Posts |
I think I would be as others have mentioned, I mainly collect Canadian large cents. I sold off most of my high end silver and nickel coins and started to focus on large cents.
I'm a collector hoarder as many of us are so I have lots of inventory and extra's in all denominations and when I was putting a MS-65 collection together of 1,5,10,25 cent coins I purchased BU bank rolls and picked all the MS-65 coin out so I have several rolls of coins searched and unsearched from 1950 - date that's where the hoarding comes in its very hard to let things go sometimes.
In the end I'm mainly a high end collector always looking to up grade my collection secondly I'm a hoarder of coins and have several of each denomination. I haven't spent any of my change 1, 5, 10, 25 since the 70-80's so I have several 1,000.00's in cans, cookie containers, jars full of pocket change to go through yet or sell as change.
I've been a collector hoarder since the age of 8 years old it has added up.
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Bedrock of the Community
United States
10284 Posts |
Voted 10-40
I know I have far too many duplicates. Probably 10 to 20% is more like it for me. That includes some harder to get items as well as more common.
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Replies: 28 / Views: 5,457 |
Posted 11/05/2020 03:07 am
