How Much Is Your Coin Collection Worth To You?

I'm gonna go $500 also. I don't buy anything high dollar, and wouldn't want to start over again anyways, but $500 would get me going again if need be.

If I had to sell it on the open market, I would be lucky to get a couple of thousand. But if someone offered my a million, I would turn it down. Most of the coins were handled by my grandfather, who passed away decades ago. Also, most were handled by my father who is in the advanced stages of Alzheimers now. I am adding to it and want to pass it down to my children and grandchildren.

If everyone "has their price", two million might do it. Then again, I don't need the money, so I would probably turn that down too.

My coin collection is pretty small compared to a lot of what is out there. I think it's more interesting in that it covers a large span of my life, including the world coins accumulated during our immigration to the US. Sentimental value certainly plays a large part in determining anyone's "breaking point".

But I wouldn't part with my coin collection any sort of money - not so much because of the sentimental value attached but because I would be fearful of what that kind of excess money would bring into my life. I need to earn that kind of money to really appreciate it and be fiscally responsible. That is one of the reasons I don't play the lottery, gamble, or enter sweepstakes. Not that I stand a good chance of winning or anything like that.

It sounds ridiculous, but I wouldn't even accept $96 million dollars for my paltry little collection.

-- Boris

Let's put it this way. I have some coins that are irreplaceable to me. I am fond of so many of them I don't know what I'd do if they were lost or stolen Now, if someone offered me $96 million, fondness would be thrown out the window All I ask of the buyer is if I can keep one. I know which one that would be.

There isn't anything to me in the world (coins, kidneys, dignity) that is worth more than 96 million dollars.

I say bring on the buyer!

My collection has more value in time than money.
Sadly, if it were to be sold off at Joe Blows Auction Block, I know it would take a terrible beating.
Now if I had a Stacks Auction type collection and somebody offered me 96 million, I'd probably just go back out and start buying the same coins again anyway.
So my coin collection is probably closer to worthless, rather than priceless to anyone else but me.

Now I am going to hope to hang around on the planet for maybe another 10 or 20 years, if I'm lucky, so I have started to seriously organize the coins and other junk I have around here.
If my Daughter and Grandchildren end up with them at least there will be a big note on top to read the directions first before they unload them.
I recently asked my wife to promise me that if I kicked the bucket , she would learn about the coins and take more of an interest in them before she sold them off, and she said she would.

There is a lot of personal satisfaction in owning a nice collection no matter what the monetary value is on it, but I have to admit and do like to hear somebody say
"WOW! That's a beautiful coin you got there!"
if I get a chance.
Money something to have but a coin collection is something to be proud of.

I agree with the ones who said more in time than in value. I get our pocket change every days and look at it under a magnifier and then I check my list of "needed" coins for fill-ins and if needed, I remove it. Then I have to go to my other list where I keep track of the ones I have (for insurance value - record in case stuff gets stolen) and put that coin on that sheet. Then I have to pop them into the book. Even though I can do that in a few minutes, it's a lot of time for a cent etc! Time is worth more than that. But I get satisfaction from it, so probably a trade off.

Face value of my collection is probably like some here, between 500 and a bit more but my satisfaction level is probably double or triple that. I also look at it like this... I don't want to sell it, but if times became rough and I was starving to death, it's something of REAL value evenn though not much. Some collectibles can be unmarketable in times of war etc... so this is a great thing to collect/save. It's above putting your change in a piggy bank but I do that too! The extra coins go in there and build up. We have nearly 300 this year. I will use that to either get rolls to search (trade in) or use it for a trip at the end of the year (hope to have 500 by then).

I sort of know how that is Tiffany. My son was a teen and had started smoking... I didn't know and he stole my entire quarter collection (wasn't much about 20 bucks) but then he also stole silver certificate bills and 2.00 bills which were sentimental because it was the last thing I had from my dad. I was upset that he stole from us and though the value not great, who knows what they were worth as they were early. Surely they were at minium double their value.... it's sad.