What To Sell...?

Silver prices come and go. If it's bullion that you have and you need the money now then I'd go for that. You also will know in advance about what to expect for it whereas coins in albums aren't always predictable

Sell everything and when things get better, start all over. Where to sell everything? Why to me of course. Face value and you pay postage.
For real, hang in there if possible. I suspect the economy will be picking up soon. If you dump anything now, you'll be really sorry later. Although most of your coins are replacable, sometimes when you sit down and think about it, some of them cost a small fortune that is not recoverable.
For instance did you buy or find any coins when you first got married? Did you find or buy any coins when your kid was born? Do you have coins from you kids birthyear? Yours or your wifes birthyear? Yes those too could be replaced but that is sort of like saying you can still buy a 57 Chevy but would it be the one you used to have? Of course your probably not old enough to remember those.

Keep your spirits up things will get better. sell what you need to it's for your family, it won't feel so bad because your selling for the right reasons. You can replace it all. Good luck jedichef..

WOW is that harsh. Obviously your not sentimental. Many coin collectors have coins that pertain to something specific. Many buy a coin for a kids first birthday, or graduation. Yes, they are just material things but they are also memories.
Way, way back my Dad gave me some really shinning, Silver looking pennies. They just came out and I liked them so he went nutty finding them for me. I still have well over 30 rolls in MS grades from him. That was in 1943. My Dad is gone now but I still have those coins and will never, never sell them. When my time comes I'll give them or leave them to my kid and hope he too remembers his granpa based on those coins.
NO, they are not always just material things. They are also part of someone's life.

If you end up having to.......then just start with the bulk of "least valuable".......then... if you have to again.......go with the bulk of "medium valuable".....but then your "higher end" and "key dates" at the very last possible time.....so that things might have a chance to pick up BEFORE you lose those.
Logically, there will be "harder to replace" ones or "sentimental ones" as Carl so rightly pointed out.....don't part with those unless you have NO CHOICE.
If you end up having to.......then it's like others have said......they ARE just material things.....and you have to live in the "here and now".....you can't live in the future.....
My plan is to leave my collection to a family inheritor.....but MY LIFE COMES FIRST !.......
In that most unfortunate event, I would give a family member first dibs on anything I had that was given to me by my Great Grandfather, my Grandparents, or my Parents.....so that at least those items/materials could "stay in the family"........

Hope you recover soon and this all becomes a moot point though......keep yer' chin up !......this economy has MANY MANY coin collectors in the same boat I'm sure !.......

Sorry to hear of your misfortune. A better way to sell your coins and have the greatest chance of getting them back is; If you sell them to a friend or family member with the stipulation of buying them back in a agreed upon amount of time. I did it for a close friend, and he has forever to buy them back. But, his collection were assorted coins,not alot of one type. I wish you luck and hope all works out for you and your family.

Sorry about the bad break jedichef.

I'm sure the answer to your current dilema is in the sound advice already given, but for what it's worth I'd like to add the following ....

Many years ago and only just married, I lost my taxi-driver job due to licence disqualification - not a good start! Then in around a week I scored another job at an inner city hotel hefting luggage, parking cars and general stuff... you know what I mean.

The boss ran a real tight ship and was quick to inform me of the stiff rules in place, and that his number one pet hate was im-punctuality.

Not a full week into this new venture I missed my bus and arrived at the hotel 20 mins late and the desk clerk handed me an envelope with my money for the previous four days work. And on the envelope the words "Thank you for your efforts, and good luck in your future employment". Plus signature.

Now I'm waiting for the bus, wondering what to say when I get home with not much money and no job again.

I find myself gazing at the Billiard Hall sign over the road. Climbing the stairs off Napoleon lane I kept reminding myself how good I am, and it's true... nearly won the first game, nearly won the second, the third... And it was nice of the guy to hand me back five dollars for my bus fare!

Arriving home I told her my first ever lie and she believed me when I said the mongrel never even paid me the four days. She consoled me, saying; "It's only money, and things will soon improve; just give it time". And I'm quickly left thinking I couldn't have felt worse had I straight out told her the entire truth!

Of course this was decades ago, but certain things you never forget.

One afternoon last year while my wife was in her garden we were burgled - just jewelry - all coins kept in a safe in another room.
And it was bloody hard later listing everything for police and insurance, where each piece had a history... opals dug at Coober Pedy in South Australia's far north and made into rings and promised to our daughters. And both our late mother's special bits and very much more, to a total around $19,000.00. And insurance paid approx 2/3rds.

I sincerely hope you and those near to you all enjoy good health. Main thing is you don't let events of any kind change that. Now I know that's easy to say. But just remember this statement by a very wise woman long, long ago: "It's only money, and things will soon improve; just give it time".

Les

Wow...sorry to hear that, jedichef.

I agree with acidic. Bullion first. Bars, coins, ASEs, Krugerrands, Maples. Anything that can be readily replaced. If you have any stocks, sell the ones you have gains on and then swallow the losses of the ones that are less than 10% loss. Right now, any job is a good job. Try to be a teller, and at the very least, get a job at a burger joint. Any money is still money.

I know I'm only 17 and I don't know anything about the big world yet, but that's where I would start off.