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2021 is the end of my 10 year run on selling.

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Six Mile Rick

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Friends,

 I have been here for over 15 years. At one point 10 years ago I started buying graded coins from members and submitting many coins to NGC as well.My goal was to obtain as close to $100,000 in NGC value at no cost out of pocket. I did end up with a great set of dimes which I will be keeping as a momentum but the rest is going to Great Collections over the next few months.

 My dimes have $0 of cost (Rank #1 Clad NGC only) as I have sold so many dimes over the years that they actually floated costs on other invested coins.

 First off the chart will be all the Lincoln coins I have listed in my collection manager. I will send them in one month. NGC list value = $12,158. My cost to date on the group of 94 coins is $1,763 It took a lot of sales to get those costs so low and a good sale on those will bring my total cost to date down closer to $0 invested total.

 I will add to this journal over the next few months to let you know where I land.

Enjoy Collecting!!!  :)

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There are many factors that go into my decision to sell at auction. I don't spend much time on here as I use to selling since my wife passed. I have been going through my house the past few months getting rid of a lot of things I don't need or use. A married couple can hoard a lot of stuff in 25 years together. She has been gone for almost 2 years now and I am downsizing on everything to make my life more simpler.

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from what I am witnessing, coins are selling at good prices lately so mazel tov and may the dough be with you

 

any reason to pick GC over Heritage or what made you pick them?  

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On 7/29/2021 at 9:42 AM, Six Mile Rick said:

A married couple can hoard a lot of stuff in 25 years together.

Indeed. We're moving after 3.5 years hear and coming up on 6 years of marriage (and 2 kids) and we're purging a lot - though maybe not as much as we (I) should be. I'm the one with all the junk though. She isn't as much of "collector" / "hoarder" as I am.

Sorry you lost her. I hope you're still making out okay though and you still have an in-person friend group to spend time with.

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On 7/29/2021 at 11:54 AM, deposito said:

from what I am witnessing, coins are selling at good prices lately so mazel tov and may the dough be with you

 

any reason to pick GC over Heritage or what made you pick them?  

GC will auction lower value coins to bidders. Heritage is like the king pin for outrageous valued coins and throws the lower valued coins to the dealers sight unseen. 

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On 7/29/2021 at 2:12 PM, Revenant said:

Indeed. We're moving after 3.5 years hear and coming up on 6 years of marriage (and 2 kids) and we're purging a lot - though maybe not as much as we (I) should be. I'm the one with all the junk though. She isn't as much of "collector" / "hoarder" as I am.

Sorry you lost her. I hope you're still making out okay though and you still have an in-person friend group to spend time with.

I am doing fine considering all the loss and all. A man works his a-s-s off his whole life to take care of his wife and kids.Usually the husband goes before the wife. I have got to take care of my kids and balance life in this  new future drive.

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It is kinda weird as Glenda hated my coin obsession and she finally saw that I was doing well selling. I wont end up with $100,000 value at no cost as I planned 10 years ago but ......  You know I would love to just hear her yell at me for buying a $500 dime.

I am bored.  

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When Mark Gibson sold his dime set a few years ago I almost purchased the complete set. Glenda was so mad and then she watched me sell them 1 at a time. I did very good on selling and the fight on coins became something different as she chimed in on my wisdom on coins. It is a hard road on a collector and a no waste on collecting situation but I finally after 25 years turned her and then she left. 

 Everybody now --- kids ------ girl friend------other friends ----- DO WHAT YOU WANT..   BORING!!!!!!  I need competition in everything I do. You can't have great love without a little war!!

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Hi Rick,

I, too, am back after a long absence.  And I'm so sorry to hear about the loss of your wife, I really am.  I just wanted to offer my condolences. I had a couple of serious losses myself during my time away.....I lost both my mom and stepmom to cancer in 2020.  It really sucks.....I feel for you, man.

~Tom

Edited by Mohawk
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Thanks Bammer and Mohawk.

 Well I had a great sale on yet another 26 dimes and a hand full of other coins. I packed the 2 - 50 coin boxes up last week and got them into Great Collections. Every coin I put in the boxes were $175 and up to $2500 each NGC list. A grand NGC list value of $39,500. I have a little under $14,000 invested in this great hobby which should clear up on this auction and leave me with over $60,000 in coins hobby cost FREE!! :)

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All my Top Pop NGC graded coins will start to get listed in Great Collection auction starting Monday 11/15. Many wheat cents, full step nickels, great silver quarters and state quarters MS68 to MS70, plenty of silver half dollars ;)

 

 

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Did o-k on the auctions. I did bid on around 8 coins and got them returned to my registry. I was not letting anything go for free. :)

With all deductions and sold coin removals I am at a new stage in my collecting.

A total of 1300 graded slabs are left. Total list value in collection manager is at $67,000 at a cost of $2000.

I will remain selling and buying coins till I get $100,000 value at no cost.

Happy New Year!!

Rick

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