Not leaving the hobby - just following through with my previous plan to reevaluate my collecting goals. by wdrob

[CSJournals-migration]

Not long ago I mentioned in a journal entry that I was reevaluating my collecting goals and the box of twenty, or something similar, was the direction I was going.

 

I have consigned the majority of my collection with an auction house that is known well, Great Collections, and to many it would seem as though I am getting out of the hobby altogether since I also have listed in the Money Marketplace the sell of all the plastic NGC and PCGS Slab Boxes that I own.

 

This could not be further from reality. I am simply implementing my course correction as it relates to my collecting goals. I am selling the boxes because I have chosen to purchase the Aluminum Slab Boxes, and the one I chose first is the 30 slab holder.

 

I have considered much of the advice given and particularly that from Roger. The fact that these aluminum boxes, that hold 30 slabs, are much smaller than I had imagined, I have found that my safe will accommodate 4 or more of these very well (without stacking) to go along with all the other items such as raw coins, bullion, and very important paperwork (which the latter is in fireproof safes within the large fireproof safe)that currently occupy the safe.

 

Many may not understand wanting to essentially 'clear house' of all the coins I have previously purchased but I believe it will be easier for me to maintain focus by just starting from scratch, save two or three coins that I kept. There was nothing wrong with the coins that I had in my collection and many were deemed by not only myself, but others as well, to have been either under graded or very strong for the grade. The opportunity for others to obtain some nice coins has presented itself with this consignment.

 

Also some may have noticed my heightened interest in high quality coin photography and the desire to have a more than adequate setup to be able to take quality photos of future coins that I might purchase. This too was on my list of needed items that I have finally began to invest in. I am doing this strictly for my own personal photo needs and for no other reason.

 

Now any future coins that I purchase will be selected with a much greater emphasis on quality while still remaining within my budget. That means much less buying and much more saving. However, at-least when I do eventually buy a coin I will now have the proper photo setup to capture the true quality of the coin.

 

Well ..... that is the plan anyway.

 

See more journals by wdrob

[wdrob]

I don't know why that picture does not show up so here is an alternate method.

 

 

 

[RWB]

Most of us go through some sort of review period - especially when there is a budget and other important things. Having a lot of something can lead to the "somethings" becoming just "stuff," "clutter," and of rapidly declining interest.

 

Taking control of what and how your collect, and understanding your personal goals and restrictions, can make for a much more rewarding and interesting experience.

 

Years ago, I passed through this same corridor. At the end I discovered that I wanted more than a pile of stuff. It was impossible to build a great coin collection that would be remembered or that would pay dividends to my kids. But I could build great knowledge collection that could enrich numismatic knowledge and eventually give my kids a little income after they lock me in the big safe deposit box.

 

I learned that by my investigating, learning, and passing that to others, a new and more vibrant aspect of the hobby opened up. People who were just respected names, became friends; none were concerned much about grade inflation or market value or selling trends – they were in for the truly long term – and knowledge had no entry cost yet possessed unlimited value.

 

I certainly hope your decisions are good for you and being you great pleasure.

 

[wdrob]

Most of us go through some sort of review period - especially when there is a budget and other important things. Having a lot of something can lead to the "somethings" becoming just "stuff," "clutter," and of rapidly declining interest.

 

Years ago, I passed through this same corridor. At the end I discovered that I wanted more than a pile of stuff.

 

and knowledge had no entry cost yet possessed unlimited value.

 

 

Your words are always encouraging Roger and your humor in many of the threads on this forum are always a welcome, and much needed commodity.

 

I highlighted two of the areas that you mention which I can directly relate to, and were major considerations for me. I do need to focus more on reading and catch up on a few of the books I have here that I have neglected to finish.

 

Maybe I can come out of this sell without loosing very much money and then eventually position myself for a quality purchase from time to time.

 

 

[Six Mile Rick]

Bill,

I do appreciate the coins you sold me and yes I would also be interested in the extra NGC boxes you have.

Hope you get some really great photo shots for us to enjoy in the future!!

 

Later Bud!! (thumbs u