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What Age Will You Liquidate Your Collection?

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Author Previous TopicReplies: 47 / Views: 5,378Next Topic
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DNA's Avatar
United States
2734 Posts
 Posted 06/02/2011  11:17 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Whatever age I am when silver hits $500 an ounce...

(I've been saving silver for almost thirty years, may as well hold out for a big payoff!)
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littlemoney's Avatar
Canada
902 Posts
 Posted 06/02/2011  12:09 pm  Show Profile   Bookmark this reply Add littlemoney to your friends list Get a Link to this Reply
When I die it all goe's to #1 son.
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 06/02/2011  1:50 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
Hopefully never, but I'll do it in an emergency if I have to.
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jbuck's Avatar
United States
188770 Posts
 Posted 06/02/2011  2:41 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Taking Collection to my Grave! End of story.
Not so surprisingly, the most popular answer.

I want my collection to stay in the family, so I hope it will be inherited and cherished for what it is. If not, what do I really care? I am no longer here to complain.
Valued Member
United States
362 Posts
 Posted 06/02/2011  3:02 pm  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list Get a Link to this Reply
well my collection is purely an investment. I plan on selling it later in life, or if it silver/gold shoots up in price. No real set age or date though. When I retired in 41 years at 65, will silver/gold be higher? And even if its higher, is it because the dollar has lost its value?

Heck if I know, lol
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VisigothKing's Avatar
United States
4778 Posts
 Posted 06/02/2011  3:25 pm  Show Profile   Bookmark this reply Add VisigothKing to your friends list Get a Link to this Reply
Won't happen. When I kick the bucket, my brain's gonna go into a robot, so I'll still have my collection :)
Edited by VisigothKing
06/02/2011 3:28 pm
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chequer's Avatar
Canada
4227 Posts
 Posted 06/02/2011  3:42 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
I wanted to say "Taking Collection to my Grave! End of story," but I have sold some items and have come close to liquidating at times as interest has wained a little at times (something I never thought would happen 10 years ago). So, I have no idea.
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schnauzer's Avatar
United States
212 Posts
 Posted 06/02/2011  4:49 pm  Show Profile   Bookmark this reply Add schnauzer to your friends list Get a Link to this Reply
Chequer: My interest has wained from time to time also. As much as I love this hobby, I found out that I was starting to suffer some burn out. I was getting run down and tired of chasing certain coins to complete a set. For the most part, because I was trying to do too much at the same time. Trying to work on too many incomplete sets at the same time and all the while buying gold and silver bullion. Buying this and selling that so I could trade for these and so on and so forth. All of a sudden that passion and fire was almost gone.
What I did was just step back and get away from the hobby for awhile. That really helped me out alot. It was only for about 2 months, but after that amount of time had passed, I started missing it and my desire for coins and collecting was rekindled. Two months may not seem like a long time, but it was enough for me to step back, get away and relax enough to catch some fresh air and start collecting again at a slower pace. There's just something about having an incomplete set that just drives a collector to press on at record speed to complete it.
So, maybe this is what you are/or have experienced. Anyway, it helped me. Just thought I would pass this along to anyone that may find it helpful.
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Prethen's Avatar
United States
3234 Posts
 Posted 06/02/2011  4:57 pm  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
MAN! Heaven will be sure filled with a lot of cool coins!
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jbuck's Avatar
United States
188770 Posts
 Posted 06/02/2011  5:37 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Won't happen. When I kick the bucket, my brain's gonna go into a robot, so I'll still have my collection :)
You are not the only one!

Quote:
MAN! Heaven will be sure filled with a lot of cool coins!
Do not be so sure about that...
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Sander's Avatar
Netherlands
561 Posts
 Posted 06/03/2011  10:46 am  Show Profile   Bookmark this reply Add Sander to your friends list Get a Link to this Reply
I guess I pass it to my son.. He's only 20 months now and can't keep his hands of my coins.. I'm still young and hope that I can enjoy collecting for at least 50 years from now.. btw, I wanna keep the collection together thats why it's the only thing what I don't have to split if I breakup with my "girl"..
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sel_69l's Avatar
Australia
21788 Posts
 Posted 06/03/2011  11:06 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I guess none of us really know when we are going to kick the bucket!
Perhaps that is a good thing, just makes planning a bit harder.

Maybe I will get an average of the age stats. at the end of this thread, and try to figure out if coin collectors live longer!
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lukkyseven's Avatar
United States
880 Posts
 Posted 06/04/2011  09:05 am  Show Profile   Bookmark this reply Add lukkyseven to your friends list Get a Link to this Reply
65 is the ripe old age for me. Still young enough to do stuff with the money, but old enough to appreciate what I had. If the kids/grandkids are interested (as I suspect they wont be) then I wouldn't sell the entire collecction, but they sure as heck aren't getting all of it. These coins better take me to a few cruises and countries to explore!
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upstate's Avatar
United States
3283 Posts
 Posted 06/04/2011  5:00 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
If I was to sell it would be when I'm still "young" enough to enjoy the proceeds.
Lucky for me, my daughter is a bit of a YN so it's not an issue.
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glenzy1's Avatar
Canada
1554 Posts
 Posted 06/28/2011  04:12 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
Amazing how many collectors are taking their Collection with 'em! Maybe in my next life I'll come back as a grave digger>>>>>>>>>>>>>>>>>>>>>>

Glenn
Edited by glenzy1
06/28/2011 04:13 am
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