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Collecting Coins, And Also Collecting Books On Coins?

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biggfredd's Avatar
United States
9104 Posts
 Posted 06/13/2011  09:51 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
If they bothered to check, they might have had thoudsands of dollars in books. I bought a stack of model train magazines for five bucks, sold several hundred dollars out of it.
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ancientcoinguy's Avatar
United States
842 Posts
 Posted 06/13/2011  2:49 pm  Show Profile   Bookmark this reply Add ancientcoinguy to your friends list Get a Link to this Reply
We live in a throwaway society. I feel bad for future generations, because no one will be able to collect anything interesting and valuable! Our generations will have chucked it all!
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Archraz's Avatar
United States
3499 Posts
 Posted 06/13/2011  7:27 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply

Quote:
We live in a throwaway society. I feel bad for future generations, because no one will be able to collect anything interesting and valuable! Our generations will have chucked it all!


Very true. In fact, I have heard stories of coin collections being thrown out because "those coins were so old that there was no way that they could still be spent" or "those coins were from other countries, so they must be worthless."

Books on numismatics also are subject to such treatment since many coin dealers refuse to buy old books when entire collections are bought from collectors and book dealers often don't know what to do with them. They presume that numismatics is such an esoteric field that the books would never sell. But on occasion this assumption can lead to great deals on books in book shops where the owner understands the value of the tomes to numismatists.
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ancientcoinguy's Avatar
United States
842 Posts
 Posted 06/13/2011  8:09 pm  Show Profile   Bookmark this reply Add ancientcoinguy to your friends list Get a Link to this Reply

Quote:
those coins were so old that there was no way that they could still be spent


WHAT?!?!?
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biggfredd's Avatar
United States
9104 Posts
 Posted 06/13/2011  10:01 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Try spending a 2ยข piece sometime. Hard enuf to spend a current $2 bill.
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Archraz's Avatar
United States
3499 Posts
 Posted 06/13/2011  10:08 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
biggfredd- I actually spend $2 bills all the time. It is dollar coins, especially the Presidential dollars, which often are difficult to spend. The poorly designed reverse with the statue of liberty and the dollar sign causes many store clerks to assume that you are trying to use some sort of token or casino chip.

But back to the topic at hand. In general, have you guys found that most dealers do not want to buy or sell books on coins?
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jbuck's Avatar
United States
188440 Posts
 Posted 06/14/2011  10:45 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I have heard stories of coin collections being thrown out because "those coins were so old that there was no way that they could still be spent" or "those coins were from other countries, so they must be worthless."
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biggfredd's Avatar
United States
9104 Posts
 Posted 06/14/2011  11:48 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Coin books are a specialty, like CWT or So-called $. A dealer who doesn't know the market can't give you a good price.
Bedrock of the Community
United States
20753 Posts
 Posted 06/15/2011  9:45 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
If they bothered to check, they might have had thoudsands of dollars in books. I bought a stack of model train magazines for five bucks, sold several hundred dollars out of it.

First thing I thought of too. If I was younger I would have rummaged their garbage for all those plane books. Many were from at least the 40's and 50's. Magazines, articles, pamphlets all on planes and dumped into the garbage.
Most people that know little to nothing about a hobby assume it's all junk. I too could believe this happens with all sorts of items when someone passes away.
A sort of funny thing they told me as they cleaned out the house was they were also dumping bags of potting soil into the garbage. That too was just to old to be any good.
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biggfredd's Avatar
United States
9104 Posts
 Posted 06/15/2011  10:05 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Ever watch Jay (Leno) Walking? Check it on youtube. Amazing how ignorant people are.
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Archraz's Avatar
United States
3499 Posts
 Posted 06/15/2011  11:28 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
biggfredd- Yes, many are quite ignorant, but even the ignorant enjoy turning perceived trash into money. While I find the throwing out of literature to be quite a poor financial decision, it also just seems like a waste since the owner/ person throwing it out is not making any money, yet others who would enjoy the books are denied access.
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