APPRECIATION BREAK!!! posted by Wissahickon Collection

[CSJournals-migration]

A Pause To Cure My Acquisition Fever.

Stop And Appreciate The Roses In My Numismatic Garden.

 

From time to time, I find myself buying coins; viewing them briefly; placing them in the safe deposit box; and immediately searching for the net purchase. The search and acquisition becomes more important than the coin itself. Recently, I have begun to recognize signs of this behavior coming on with me, again.

 

So, I go into a forced slow-down mode:

-I search for coins as usual.

-Write out a list of all that appeal to me.

-Research the coins extensively; make comparisons among the candidates; and force eliminations.

-Make no purchases unless one has just overwhelming appeal.

-Delay purchase for a day or two to see if the appeal remains strong.

 

This eliminates virtually all impulse buys.

 

This time, I am forcing additional scrutiny, as I am currently making a second culling pass through my Morgan Dollars for coins to sell. As I critique coins for elimination, I evaluate purchases more critically also.

So I am killing two birds:

-Slowing purchases.

-Selling old friends.

And in the process, increasing my level of appreciation for what I already own.

 

With regard to my Morgans, rather than sell all (my original thought), I expect now that I will end up with a small collection of Morgan KEYS.

 

It's nice to stop and appreciate the ROSES already in my numismatic garden!

 

See more journals by Wissahickon Collection

[RichH]

Agree that its always a difficult decision to sell, especially departing with coins carefully selected.

I have continually consolidated over the years, always chasing that "holy grail", the continual quest to try and put together the best collection I can afford, but never achieving perfection.

It is the individual vision for our collections that makes each collection unique and the beauty of this hobby.

Hoping you have much continued success !!!

 

Rich

[coinsbygary]

Ahh, yes, it is indeed good to smell the roses. It always helps me to take stock and appreciate how far I have come over a period of time. All the best in your future endeavors.

Gary

[Walkerfan]

Once again, another great post! I agree---It is ALWAYS important to appreciate what you have and how far you have come.