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Old-Fashioned Coin Collector

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Valued Member
United States
134 Posts
 Posted 06/10/2012  12:54 pm  Show Profile   Bookmark this reply Add centsdimes to your friends list
In the 1960s there was no ebay, internet, or personal computers. I ordered three Morgan silver dollars from an ad in a magazine, though.
Bedrock of the Community
United States
36878 Posts
 Posted 06/10/2012  2:37 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list
I too am an old fashioned collector. Still like to buy raw coins and fill album holes with them.

In the early 1980's when the MS grading system started to take over the U.S. market, I switched to foreign coins and dumped all my U.S.. Over the years I decided to learn the MS grading system and went back to U.S.. The problem I'm seeing now is the MS grades seem to be changing at the third party graders. They tend to be much looser on the grading as time goes on and what use to be MS-65 now becomes MS-66 and 67. Guess it's all about the mighty buck.
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United States
593 Posts
 Posted 06/10/2012  3:11 pm  Show Profile   Bookmark this reply Add garys64wildcat to your friends list
I started in the 50`s with my paper route and a customer kept going through my change and that got me started. I found alot of key and semi keys off my route. US and Canadian both. I wish I would have kept my 37d 3 legged Buffalo nickle. plus all the silver. But a divorce didnt help any. But I managed to save some. Now I`m a casual collector. The prices of key dates really went up
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United States
3184 Posts
 Posted 06/10/2012  3:25 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list
your old fashioned but still enjoy coins! :)
Valued Member
United States
134 Posts
 Posted 06/10/2012  4:53 pm  Show Profile   Bookmark this reply Add centsdimes to your friends list
I had to sell my silver dollars in 1980 so I could afford to move. The price of silver had sky-rocketed, so I got a good deal. Now I have my Mercury dimes, my dad's Indian Head cents, and my mother's large cents.
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United States
500 Posts
 Posted 06/14/2012  10:36 am  Show Profile   Bookmark this reply Add BuffalosRock to your friends list

Quote:
When I was a boy I collected Mercury dimes and silver dollars. They were still in circulation, though there weren't many silver dollars left in my little city. Every Saturday I'd go to the bank and see if they had any new ones in. Once I got scolded by one of the tellers for this.


IMO, that is awful that someone would think it their place to scold you for a legit request like that! I sometimes look back on how rude and mean some adults were to us as kids at times, and would love to have them try that garbage on me NOW. I always keep it in mind when dealing with all kids/youngsters! No excuses for that, IMO. Unless you were a rude brat, they should have smiled and said thank you each and every week!

IMO, nothing wrong with collectors buying/selling rolls to banks. Now if I were a bank employee, what I'd object to is those yahoos that were scamming for airline miles by buying Susan B dollars via airline miles cc's, s&h free, and then cashing them in at their banks THOUSANDS at a time. I'd have refused to buy them back if it were me. They should have been the ones "scolded"!
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United States
2364 Posts
 Posted 06/14/2012  11:12 am  Show Profile   Bookmark this reply Add cipster to your friends list
I also started collecting in the mid 1950's when I was 10 years old. My Dad's pocket change was my resource. I was allowed to keep the old Lincolns and started a Whitman album of Mercury dimes that I still have. The 1916D is still empty but I made a note in the album 'nice one costs $90'.

I wish I could have kept some of the walking halfs as so many great ones were in circulation but my Dad was earning about $2 an hour in his factory job and 50 cents wasn't a trivial amount at the time.
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United States
652 Posts
 Posted 06/14/2012  4:08 pm  Show Profile   Bookmark this reply Add mackwork to your friends list
cipster - I started out when you did, in the mid 50's, before TPGs. I still remember getting an Indian Head cent in change once in a while, and Buffalo nickels, Mercs, SLQs and Walkers were still pretty common. I was only able to put away a few Walkers as 50C was (as you said) a good bit of money in those days.

I still have my Mercs, and was able to get a 1916 & 1916-S out of circulation, but unfortunately no 16-D.
Edited by mackwork
06/14/2012 4:10 pm
Pillar of the Community
Canada
1411 Posts
 Posted 06/14/2012  4:32 pm  Show Profile   Bookmark this reply Add Windchild to your friends list

Quote:

Quote:
When I was a boy I collected Mercury dimes and silver dollars. They were still in circulation, though there weren't many silver dollars left in my little city. Every Saturday I'd go to the bank and see if they had any new ones in. Once I got scolded by one of the tellers for this.
IMO, that is awful that someone would think it their place to scold you for a legit request like that! I sometimes look back on how rude and mean some adults were to us as kids at times, and would love to have them try that garbage on me NOW. I always keep it in mind when dealing with all kids/youngsters! No excuses for that, IMO. Unless you were a rude brat, they should have smiled and said thank you each and every week!


I agree BuffalosRock... The worst part of that is it still happens now... just read what has been posted in the 'Is coin collecting harder for a YN?' thread.

To quote myself; "A dealer raised the price on an object when I was alone and dropped it when my father came."
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227 Posts
 Posted 06/14/2012  5:10 pm  Show Profile   Bookmark this reply Add donkrx to your friends list
Yeah, I was just gonna say in response to BuffalosRock that this is what we were talking about over there in the YN thread. Its nice to hear that there are people who recognize it and keep it in mind.
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United States
1770 Posts
 Posted 06/14/2012  9:41 pm  Show Profile   Bookmark this reply Add M0nks to your friends list
yea my dad kinda said the same thing to me cipster, 50 cents was a big deal back in the 1950s couldnt save those when people earned around 1 to 2 bucks an hr - no wonder so few people saved halves back then
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3294 Posts
 Posted 06/14/2012  9:46 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list
Not a problem here. When I started collecting 3 years ago, $.50 was only 14% of one hour of minimum wage.
Bedrock of the Community
Australia
21788 Posts
 Posted 06/14/2012  10:25 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
I am an old fashioned coin collector. I just collect old fashioned coins!

No coins before about 1950, right back as far as the invention of coinage!
Edited by sel_69l
06/15/2012 10:55 am
Valued Member
United States
100 Posts
 Posted 06/14/2012  10:41 pm  Show Profile   Bookmark this reply Add Classic Coin Guy 661 to your friends list
My dad got me into coin collecting when I was in high school. I remember the days we would go and bid at our local coin shop auctions. miss my dad and the times we spent together.

i liked reading your story.
Pillar of the Community
United States
500 Posts
 Posted 06/15/2012  11:11 am  Show Profile   Bookmark this reply Add BuffalosRock to your friends list

Quote:
I agree BuffalosRock... The worst part of that is it still happens now... just read what has been posted in the 'Is coin collecting harder for a YN?' thread.

To quote myself; "A dealer raised the price on an object when I was alone and dropped it when my father came."


Haven't read that thread, I will now though. This is part of what I was talking about in my "Sharks" thread. $#%^ dealers who profile and try to rip off novice collectors. that gives the whole hobby a bad name.

Part of the reason I stopped collecting as a kid was that my dad was so suspicious of all coin dealers he effectively wouldn't let me buy anything - worried it was a rip-off seeing as how he had no knowledge of the hobby himself - but was a salesman and recognized all the sleazy ploys they were using when we'd visit a shop loaclly or on vacation. I was frustrated at not being able to add anything "cool" like 3-leggers or gold or rare coins and just abandoned the whole hobby.
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