A Seismic Shift
Entry posted by coinsbygary ·
There are major changes coming to my collection signified by the latest addition to my Morgan Dollar registry set.
Greetings everyone, I hope you all had a wonderful 4th of July. With lots of fireworks, major changes are coming to my coin collection. The first change is that I am discontinuing buying coins for my First Spouse registry set. The high cost of gold and other interests, mainly Morgan Dollars, are forcing me to choose between whether to continue with the First Spouse series or pursue my other collecting passions.
The decision to discontinue collecting First Spouse gold proof coins is mainly financial. The expense of these coins coupled with my other interests is proving to be quite a strain on my budget. It?s not that I don?t like the series, because I do, however, since there are accompanying medals with the same designs, I can have my cake and eat it too. Accordingly, along with the First Spouse coins, I have been purchasing the accompanying medals. To collect and display the medals I bought a Dansco album with generic pages of a dozen 34 mm slots per page. Dansco albums are a wonderful way to enjoy your collection attractively displayed in one album.
Besides Morgan Dollars, I love type collecting, and I have a penchant for gold coins. One of my type sets, ?Gary?s Type Set? includes gold coins along with the other 19th & 20th century type coins. Currently, six of the gold slots are not populated because the coins I have for those slots are ANACS problem coins. For the longest time, I was planning to cross those coins over and place them in my set at half points. However, for one reason or another, I never got around to spending the money necessary to get them into my set. Now those coins along with the First Spouse coins are causing seismic tremors and fireworks within my collection.
Currently, my plan is to sell my problem gold to subsidize the ?one? coin that above all will represent this seismic shift in my collection. After I sell those problem coins, I plan to sell select First Spouse coins in a ?new gold? for ?old gold? exchange to purchase non-problem gold coins for my basic type set. With that, I still intend to keep some of the coins in my First Spouse set, especially the ?Liberty? short set of four coins. Furthermore, I may continue to buy select other First Spouse coins as they relate to my ?Inspirational Ladies? signature set. However, I will no longer pursue a complete set of the series.
Pictured below is the ?one? coin, purchased just a few days ago, that is shaking up my entire collection. I rate it at 7.5 on the Richter scale, what do you think? Until next time, happy collecting!
There are no comments to display.
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now