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Most you've ever sold a coin for


thedeadpoint

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This great topic was bumped a few weeks ago: How much is the most you paid for a coin?

 

Some folks mentioned how much their coin had appreciated. In another thread folks talk about their biggest bargains, too. Well, this one takes it a step further - how much is the most you've ever sold a coin for?

 

 

I'll go first:

 

Nothing. I've never sold a coin. Most of my collection is a few series - the coins I acquire are meant for these series and I don't plan on giving up any of them.

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I've sold my entire collection a number of times in my life -- never totally willingly and never totally unwillingly -- but for the better purposes that come along.

 

The most that I've ever sold a single coin for was $1635.00 for a 1907 St Gaudens. It was an MS62/63 coin. Nothing special and I sold it pretty much for gold value.

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Most I've ever sold a single coin (non-~bullion and from my own collection) for was just over $200 for a raw AU 1907 $2.5 US gold piece a number of years ago when I was still a newbie. Needed the money for some new purchases. Coincidentally, it was also the piece I took the largest % haircut on (approx $70 loss).

 

I did line up a quick buy and sell of an NGC MS-62 common date gold double eagle a while back for $1850, but that is borderline bullion- though at the time they were hot with high premiums. I never really considered it part of my own collection.

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Thinking about it. Add selling bank roll found kennedy halves but that money never saw my pocket. Went straight toward the purchase of a coin. But I guess it was a sale so highest I ever sold a coin for was silver price.

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My story is similar to others. I have never actually sold a coin. I have, a couple of times, sold some coins that were not in my collection for their silver value.

 

I read an article recently that suggested it is a good idea to sell some coins once in a while, just to be familiar with how much you can really expect to get out of them. And, I do have a lot of extras I would be willing to sell. So, soon I will give that a try.

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I sell foreign coins. But usually just for spot. I know I said earlier I don't sell but I don't consider foreign coins part of my collection. I did how ever get a hold of a small collection of tax tokens. There are some dupes in there and I might sell a few on here before they go on the bay

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  • 3 weeks later...

I buy and sell a fair amount because I like lots of coins and don't have the money to match my taste. I just sold a very nice Athens tet at our club for $900. I think the highest was probably a Julius Caesar portrait coin but that was a mistake in terms of how much more they've gone up since.

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I'm thinking that I'll do a fair amount of selling this year. I'm thinking of reducing my collection to my "main focus" areas.

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I'm thinking that I'll do a fair amount of selling this year. I'm thinking of reducing my collection to my "main focus" areas.

 

Please share your journey!

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I've bought and sold a few gold coins along the way since I started buying more of the yellow metal back in 2004/5. These were mostly Swiss 20 Fr. Vreneli and Helvetia series which I bought purely for the metal value. Every time I sold one or more of those, it was to finance a purchase of some more or less scarce Russian material.

 

I distinctly remember selling a 2008 USA business strike gold Buffalo 1 oz. gold coin about 2 years ago so that I could pay for a 1908 Russian 50 kopeck coin. In retrospect, the "right" thing to do!

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