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How Much Of Your Collection Is Excess Material And Duplicates?

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Cdncoins's Avatar
Canada
999 Posts
 Posted 11/07/2020  2:36 pm  Show Profile   Bookmark this reply Add Cdncoins to your friends list Get a Link to this Reply
In terms of value, my duplicates are certainly less than 10%. In terms of quantity, it is probably more like 25% or so. These items are largely older or interesting low value coins that are anywhere from uncommon to virtually impossible to find in circulation today. Saving these for my kids, nephews and nieces to hopefully get them interested in collecting.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 11/07/2020  3:00 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
I rarely keep keep duplicate coins. When I upgrade a coin, I sell the old one to get money to buy a coin I don't have.
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jbuck's Avatar
United States
188770 Posts
 Posted 11/08/2020  12:34 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Since no one has objected, I have moved this to the main forum for more attention.
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scopru's Avatar
United States
5029 Posts
 Posted 11/08/2020  06:51 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
I went with 10% (and growing). That 10% though for me represents the "seeds" I try to plant in family members - and one day grand kids - to start growing some interest in this hobby.
Bedrock of the Community
United States
20753 Posts
 Posted 11/08/2020  07:55 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
My system of coin collecting is to get a coin for an Album. Then look for a better one and when I get one, the one in the Album goes into a 2x2 flip. As the amount of coins in flips grows large, I get another Album and start that one with coins from the flips. Eventually I get even better ones and the process starts over again. In other words I never get rid of a coin from my collections. For example I am now up to 12 Albums for Mercury dimes, 10 for Lincoln Cents, etc. I just never get rid of a coin.
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tdziemia's Avatar
United States
7948 Posts
 Posted 11/08/2020  09:30 am  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
I voted 10% by value.
About 7 or 8 years ago, I started selling off my childhood collection of world coins, and then many of my U.S. coins (again, largely collected in childhood), while ramping up my acquisitions in some new thematic areas.
I probably have more volume of the old material still hanging around, but the value is not very high.
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Princetane's Avatar
4628 Posts
 Posted 11/08/2020  12:41 pm  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
I have many nice value coins, but the duplicates are always fun.
I guess I need a pile of coins to play with, mostly New Zealand 1947 - 2006 and plenty of British and American change.
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triggersmob's Avatar
Australia
9414 Posts
 Posted 11/08/2020  7:06 pm  Show Profile   Bookmark this reply Add triggersmob to your friends list Get a Link to this Reply
I have about 15,000 different coins and nearly another 5000 swap coins. So that's about 25% of my coins I don't need. I don't consider the swap coins to be part of my collection though, they are purely there for trading.

Steve :)
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Joe2007's Avatar
United States
3843 Posts
 Posted 11/08/2020  10:23 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
I think I am halfway between a hoarder and a collector in that I have quite a few duplicates that I don't feel a pressing need to liquidate. As long as the coin is pleasing, it doesn't bother me greatly if I have another one of that date. As I've slowly upgraded some of my sets, I usually keep the new upgraded example and the one that it replaced.
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T-BOP's Avatar
United States
18456 Posts
 Posted 11/09/2020  08:40 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Yes I have many duplicates of my U.S.Coins . My Lincoln Cent collection is duplicated by many rolls of many dates and mints . Same with Jefferson nickels . The rest of my collection is a little bit of everything else from Half Cents to Morgan dollars . This is over a 59 year period of collecting .
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Mr T's Avatar
Australia
2180 Posts
 Posted 11/10/2020  01:03 am  Show Profile   Bookmark this reply Add Mr T to your friends list Get a Link to this Reply
Most of it, but mostly because I hang on to any low value international coin that I find.
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punman's Avatar
Canada
849 Posts
 Posted 11/10/2020  10:16 am  Show Profile   Bookmark this reply Add punman to your friends list Get a Link to this Reply
I have very little in the way of duplicates. If I can get any uncirculated current rolls each year from the bank, I put 3 rolls aside for three or four years in case there are some varieties that surface; otherwise, then they get dumped back into circulation.
I am in my mid sixties and when I kick the bucket I'd like to keep things simple for my family for appraisal or disposal.
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Finn235's Avatar
United States
6130 Posts
 Posted 11/10/2020  10:32 am  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
I went with 10-40% by value. If I had to guess, probably 20% of the value are coins that are just stashed and not part of a "collection" (which I define as anything that I haven't even considered organizing into binders.)

By volume, it's probably 80-90%. I try not to think about it because I at least have it compactly stored in shoe and/or tackle boxes. Offhand, I know I have:
- Probably $40-50 face in LMC's and LSC's
- At least 600 wheat cents
- $30-40 face in nickels (mostly 40's or 50's, plus nicer grade later coins)
- More State, Territory, and ATB Quarters than I want to think about. At least $150 face?
- Several hundred half dollars (which I have finally gotten around to organizing and putting into binders!)
- At least a couple thousand world coins bought from bulk lots that have negligible value (Tried selling a full bag of coins that I figured would fetch at least $30-40 and it hammered for $3 on ebay, so that's a no go!)
- A couple hundred miscellaneous world coins that are worth ballpark $1-10 each
- About 1-2 pounds of mixed world silver that I plan to sell when silver hits at least $30 again.

I spent from 2008-2011 roll hunting and compulsively hoarding all of the "cool" things I found as a cashier, and I went from about early 2015 to late 2016 buying things on ebay that seemed cheap and cool without really thinking about how it might fit into a collection that I would want to take the time to assemble, display, and enjoy. I only really got serious about planned, deliberate purchases in the past three years.
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