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To Hoard Or Not To Hoard

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mrwisker's Avatar
United States
581 Posts
 Posted 08/09/2010  4:11 pm Show Profile   Bookmark this topic Add mrwisker to your friends list Get a Link to this Message Number of Subscribers
Poll Question
After a year or so of collecting, I find myself in a position of being on the verge of hoarding.
Anything that is bright and shiny (penny wise)
all Wheaties...etc. (you get the idea)

I have made the decision to collect for a reason (so to speak)
I have Dansco albums to fill, and maybe select coins otherwise

I'm sure this will change, as My Hobby disorder kicks in

Poll Choices
 Hoard
 Not hoard
 Hoard specifics

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svslav's Avatar
United States
2605 Posts
 Posted 08/09/2010  4:36 pm  Show Profile   Bookmark this reply Add svslav to your friends list Get a Link to this Reply
I don't. Neither I see myself hoarding in the future.
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afclassic87's Avatar
United States
564 Posts
 Posted 08/09/2010  5:05 pm  Show Profile   Bookmark this reply Add afclassic87 to your friends list Get a Link to this Reply
I keep collecting to a point them I sell the extras for coins missing in my book. I get lots of coins from buying coin collections from people.
Valued Member
United States
320 Posts
 Posted 08/09/2010  5:21 pm  Show Profile   Bookmark this reply Add Secret Argent Man to your friends list Get a Link to this Reply
Oh, just hoard. you know you wanna.

As long as you have the space the time and the inclination, why not?** You could always liquidate later if you so chose. Or you could just give it all to me...

In all seriousness, I would say hard, the wheats for instance are not IMO poised to go down in value anytime soon. Not to mention that the act of selling often takes a lot of effort so it's just easier to keep em till you have a sizeable enough "hoard" to sell & make it worth it.


**disclaimer: an understanding spouse may be another requirement!
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arthrene's Avatar
United States
1713 Posts
 Posted 08/09/2010  5:33 pm  Show Profile   Bookmark this reply Add arthrene to your friends list Get a Link to this Reply
Hoard things that appeal to you and, as was previously mentioned, you can always sell them later for things that you really want.
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Namachieli's Avatar
United States
2120 Posts
 Posted 08/09/2010  6:20 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
I just made a decision for myself last week. I had accumulated a ton of "lots" and just got rid of it. I think I made about $600 on top of what I had bought it all for (found alot of silver in circulation). I'm glad I did. I decided id rather put it all into one or two type coins that will appreciate well, instead of relying on the value of silver. which imo is way to unpredictable for me.
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guppie1160's Avatar
Canada
307 Posts
 Posted 08/09/2010  6:22 pm  Show Profile   Bookmark this reply Add guppie1160 to your friends list Get a Link to this Reply
Oh man ya gotta hoard I mean it is human nature look at most of our grages/workshops/storage areas and when you reach the point you forgot what you were collecting in the first place you do what afclassic87 said....sell it all and pick up a nice coin....hoarding is like money in da bank
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big777bill's Avatar
United States
376 Posts
 Posted 08/09/2010  7:06 pm  Show Profile   Bookmark this reply Add big777bill to your friends list Get a Link to this Reply
At least with coins you'll get something back at some point. It's better than hoarding pets or bottles or magazines, you get the point. So I say hoard till your hearts content!
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TheHocko's Avatar
United States
21 Posts
 Posted 08/10/2010  12:52 am  Show Profile   Bookmark this reply Add TheHocko to your friends list Get a Link to this Reply
To be honest, I think it is always a good idea to hoard money.

Adam
Bedrock of the Community
United States
10284 Posts
 Posted 08/10/2010  01:19 am  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
I have a garage and a room in the basement that could probably qualify for a segment of that TV show HOARDERS. ( not really )
The rest of the house is in pretty nice order except that stuff over there.
I'll probably never get rid of ALL this stuff. There was a time when I owned a bread van and bought a country church that closed up and filled them with stuff. Coins are smaller and I sold a lot of antiques and stuff at auction.
I am returning to an antique shop in September and loading up a case there.
Most of my stuff these days is a lot smaller than a breadbox so I am going to move my extras out that way.
I guess it's OK to hoard if it doesn't interfere with your health, your responsibilities or your sanity.
I think I did all this hoarding and collecting to someday have stuff to sell so I would have enough money when I got older and so not to worry.
I think I did it because I had a fear of needing something.
I really don't remember ever really needing a thing for the past 25 years except more space, time and energy.
Now I am afraid it just doesn't really matter anymore.
Edited by TNG
08/10/2010 01:21 am
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nod2003's Avatar
United States
3294 Posts
 Posted 08/10/2010  09:15 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
You should hoard all the pennies you can find, and use the corroded nasty ones to pay your parking tickets and taxes.
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Silver_Hoarder's Avatar
Canada
68 Posts
 Posted 08/10/2010  09:45 am  Show Profile   Bookmark this reply Add Silver_Hoarder to your friends list Get a Link to this Reply
haha some good stories here!! Like someone else said....it never hurts to hoard money! As long as inflation doesn't boom
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carmykle's Avatar
United States
2448 Posts
 Posted 08/10/2010  10:36 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Hoard! And, as the old Scotsman said to the ball player who was walked, "walk proud laddie! Walk Proud!"
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Eurocoin's Avatar
Finland
294 Posts
 Posted 08/10/2010  2:17 pm  Show Profile   Bookmark this reply Add Eurocoin to your friends list Get a Link to this Reply
I never hoard. When I get for example commemorative €2 coin worth maybe €2,50 I just spend it. Maybe someone young collector will get it for next time and become very happy about it. I just don't want that there lies dublicates around my desks, shelves and floors. When I get a dublicate which is worth of selling I just sell it and buy something what I don't already have. That's my philosophy
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jbuck's Avatar
United States
188560 Posts
 Posted 08/10/2010  3:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I suppose I qualify as a hoarder, since I have never sold a coin.

I also keep all nickels and copper cents. (Although I justify this by saying that I am saving them for my son to search through one day!)
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whitedevyl's Avatar
United States
12 Posts
 Posted 08/10/2010  7:32 pm  Show Profile   Bookmark this reply Add whitedevyl to your friends list Get a Link to this Reply
Hoarding money? Sounds to me your just saving up for a rainy day? Keep at it you can never have to much. Money!
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