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Hypothetical dilemma


Dan769

Keep or sell?  

28 members have voted

  1. 1. Keep or sell?

    • Sell, I don't collect this type of coin
      1
    • Sell, use the cash for different coins
      6
    • Sell, use the cash to pay down bills
      4
    • Sell, use the cash to buy something besides coins
      1
    • Keep, the sentimental value is too great
      1
    • Keep, the sentimental value is nice & the coin is really cool
      7
    • Keep, until it appreciates further
      6
    • Mind your own business, again
      0
    • I have no idea, and stop calling me Shirley
      2


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I have done the same thing witht he coin I got from my Grandfather even though most fo them have ben upgraded and are no longer in my sets. Same with the various coins I have from my Dad.

 

 

Same, Grandpa and Dad.

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As nearly every investment guide says : "Past performance is no guarantee of future performance." [or similar wording to the same effect]

 

Considering the 'cost' to yourself, the present state of the numisma market and your own needs and goals, you probably can't go wrong in keeping it for a while.

 

Of course, if there is a strong, non-numismatic need for the cash, sell it.

CAVEAT: Any quick sale will be at a fairly deep discount, so if you don't really need the $$$ now, submit it to tone of the major auction houses for a sale at a major show [ANA, FUN, Long beach, etc.]. Get it authenticated/graded ASAP.

 

I don't like slabbing; however, the process does protect the item and lends a certain pedigree to the coin.

 

Just my US$0.02 worth...

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