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 Replies: 26 / Views: 2,887 |
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Pillar of the Community
United States
691 Posts |
I think it's time I get rid of all of the junk I have accumulated. Circulated bicentennial quarters. Circulated small-head federal reserve notes from the 90s. All sorts of two dollar bills. Tons (well pounds maybe) of NIFC halves and dollars. Impaired proofs. Clad Eisenhower dollars. Those kind of things. You know what I'm talking about. Of course I would keep one or two of the nicest examples of each. I know it's stupid to hold this kind of stuff long term just to lose value because of inflation but somehow I feel reluctant to let go of it. Maybe I'm a natural born hoarder. I'll probably keep all of my coffee cans full of nickels and copper pennies because of their potential scrap metal value. Has anyone else ever accumulated piles of useless stuff like this? I can't be the only one. How did you ever make yourself let it go? I am having a hard time getting started on this. I may be going on a long road trip in a few days. Maybe spending it a few dollars at a time would be more fun than just taking it to the bank. Maybe that would inspire some random youngster somewhere to become a numismatist. |
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Valued Member
United States
354 Posts |
Keep posting here to meet the 250 post theshhold and sell your excess stuff here!
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Pillar of the Community
United States
2836 Posts |
If it were my hoard, I'd double check all the coins for Doubled Dies (bicentenial quarters would command a premium), I'd look for Web Notes on the paper money & possibly your NIFC would bring in more than face if you were to sell em on ebay or wherever. You could always gift some of it to the younger generations in your family, perhaps one day.... they'd take an interest in numismatics. Other than that, I wouldn't hesitate spend em. Just my opinion. |
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Pillar of the Community
 United States
691 Posts |
Quote:
... sell your excess stuff here! I don't think anything would be worth enough to pay for the postage. Quote:
... double check all... Done that. |
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Pillar of the Community
United States
878 Posts |
Spending Ikes is fun as you see young clerks' reactions. Kids love Ikes so you could give some away to a teacher who can hand them out as prizes and help encourage youngsters' interest in coins.
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Pillar of the Community
 United States
7936 Posts |
Quote:
Circulated bicentennial quarters. Take a handful of them to the grocery store and use them in the self-checkout lane every time you go to the store. Remember that there will be new semiquincentennial designs in 2026, and the few people who cared about the bicentennial issues will no longer gieve a hoot (and you are under strict orders to not collect any circiulated 2026 coins). |
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Moderator
 United States
34397 Posts |
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Circulated bicentennial quarters. I dumped all of mine a couple years ago. Do it! "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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Pillar of the Community
United States
4233 Posts |
I would just spend them. But I don't follow my own advice. I still have a bunch of bicentennial quarters I saved in 1976 and yet I still get them in change. Same with clad Ikes. Every one that came through my hands at the high school soda jerk job got pulled out of circulation. And there they've sat. I'm sure this is a common problem.
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Moderator
United States
54280 Posts |
Give them to your grand children, if you have any. They will either start collecting coins or spend them for you.
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Pillar of the Community
United States
7189 Posts |
I have lots of "junk" in my collection but I have found the best way to stop accumulating it is to not collect clad coins. Yes I do have some but for the most part they are spent.
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Pillar of the Community
United States
7273 Posts |
When you have junk that just means you are not focused. Focus on what you like to collect and specialize in that. If you still have too much then you are an accumulator rather than a collector. Stackers tend to be accumulators as they want to accumulate a lot of precious metals. Stacking clad coins isn't good economically they will lose more value than they gain (same can be generally said for PM, but that is a different topic).
I've never been an accumulator but I have had duplicates of items, in many cases I gave them away to fellow collectors.
If the items you have don't have any numismatic premium just spend them or deposit them.
It's generally better to get quality than quantity.
Edited by hfjacinto
10/01/2023 09:40 am
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Valued Member
United States
416 Posts |
I did a similar purge a couple years ago, I had boxes of stuff that were "sorta" collectible but not exciting to anyone, and shipped it all out, big lots on ebay and it all found happy new homes. Yes anything clad - Ikes, '70s Kennedy halves, non-silver mint sets, bags of worn out wheat pennies and Indians, Buffalo/Liberty nickels, anything overly repetitive, all got shipped out. The theme of my collection now is that every piece must have some 'wow factor' to someone not familiar with coins. Nice and streamlined, every piece needs to be 'special' in some way, it's much nicer now and I don't miss any of the old stuff at all. |
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Pillar of the Community
United States
7617 Posts |
I agree, if you don't want it get rid of it by shipping it off to someone that does. You can easily put 10 pounds of coins in a small flat rate box and ship it off. Face value + 10% + flat rate postage of ~$10 can easily help clear out your excess "junk" and make some other hoarder/accumulator/addict happy for a few days. You have no idea how many pre 1960 nickels, dateless #129452; nickels and other stuff I've gotten rid of that way the past 20 years! Also check Arizona Coin and Jewelry's current "buy" list (on line) as they buy a lot of common stuff like pre 1960 nickels, certain clad Kennedys, bicentennial quarters and Ike dollars. At least they pay more than face and it all adds up! Good luck! |
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Valued Member
United States
240 Posts |
I took mine to a coin store and bought silver rds with it
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Pillar of the Community
Russian Federation
1557 Posts |
I have a similar problem. I don't do hoarding, but very often I find coins that I purchased earlier and that are not interesting to me now. Sometimes they can be sold, but it's a long process. Often people just exchange coins. But I came up with another idea of how you can do with your change. What if you buy a box of 1 cent, 5 cents or even 10 cents from a bank? It will take your evening and maybe you can find something.
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Bedrock of the Community
United Kingdom
17911 Posts |
My junk tends to be mostly 1960s-1990s European coins that were made redundant when the Euro was adopted. Knowing I was a collector lots of well-meaning people gave me the old francs, pesetas, lire and escudos they had been hoarding in the bottom of drawers, and I've accumulated more when buying mixed lots of coins. The great thing about US coins from the same period is that I can still spend them! |
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Replies: 26 / Views: 2,887 |
Posted 09/30/2023 1:12 pm
