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First Page  Showing last 15 replies.
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New Member
United States
43 Posts
 Posted 12/23/2012  10:11 pm  Show Profile   Bookmark this reply Add MezRDH to your friends list
Good luck! It's a great hobby and passion.
Valued Member
United States
362 Posts
 Posted 12/23/2012  10:21 pm  Show Profile   Bookmark this reply Add Fatman to your friends list
Meagan,

Glad to see your on your way to a lifelong hobby.

You have started out correctly by getting the Red Book and with pennies. Let's say that you may want to get a penny album to start your collection, I suggest a Lincoln Memorial cent album.

As it was said earlier, the easiest way to tell copper from zinc 82's is by weight. Eventually you will get a feel for them. As you probably already know, all pennies 1981 and prior are copper based. They are worth more than face value, no matter how bad the condition, for the copper alone.

Also, as stated earlier, find a cheap favorite coin and learn from it. If you are on a severe budget, begin with current sets, such as the national parks quarters, Presidential dollars, pennies and other such coins.

Finally, this is my own personal suggestion on whatever coin you choose print a grading sheet and begin to estimate grades as you go.

Lastly, go slow, it is inevitable that you will pay too much for something, get burned once and make mistakes. Relax and revel in the knowledge it has happened to all of us. We for the most part will offer the collective wisdom and an occasional good hearted poke in the ribs, to assist you on your way.

I hope that you find the enjoyment that we all do. Good luck in your new hobby!

Valued Member
United States
255 Posts
 Posted 12/24/2012  12:58 am  Show Profile   Bookmark this reply Add Kellyk to your friends list
Welcome! I think if you continue roll searching and reading everything you can on this forum, you'll be very knowledgable when you do start purchasing coins/ books/ supplies. Good luck and have fun!
Bedrock of the Community
13014 Posts
 Posted 12/24/2012  03:03 am  Show Profile   Bookmark this reply Add basebal21 to your friends list


For just starting out I would pick out and keep anything you like. If at a later date you decide you dont want them anymore you can always get rid of them then.

As far as what to look for from rolls basically anything that looks different. Some of the series older coins are silver definitely keep those, any of the older coins that are no longer made like the Buffalo nickels or Mercury dimes, and key dates which will vary for the different types of coins
Valued Member
Philippines
156 Posts
 Posted 12/24/2012  05:07 am  Show Profile   Bookmark this reply Add crzy3by to your friends list
meagan1823
Valued Member
United States
104 Posts
 Posted 12/24/2012  08:38 am  Show Profile   Bookmark this reply Add meagan1823 to your friends list
Thanks for all the responses!

I have always kept any pennies that were 1982 or before because I knew they were copper, even before we started this coin collecting adventure. I also always keep wheat pennies. Just recently we have really started "collecting coins"

The other day, I got $5 worth of pennies from the bank and 6 out of the 10 rolls were wheat pennies. they also had a few old canadian coins and even an Indian Head penny. I am trying not to buy coins but I have bought a few and I am sure I have paid too much for them.

Thanks for the welcome and I look forward to learning a lot.
Also what is the difference between the red and blue book?
And do you guys buy the uncirculated and proof sets frm the mint each year? Which do you buy, the proof or uncirculated? Are these worth their $30 or so cost?


Pillar of the Community
United States
3486 Posts
 Posted 12/24/2012  12:02 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list
Welcome aboard, Meagan!

The Red Book lists an estimate of the retail selling price.
The Blue Book lists an estimate of what a dealer might offer to you if you wanted to sell.

In my opinion the mint's offerings are not worth it. An alternative would be to set aside $30.
With the help of the members, you might purchase few nice old coins. Here, you would need to do some research. Are there any designs which please you? Are you excited by a Standing Liberty quarter? Does owning a Two Cent Piece sound really different? These two in nice looking shape could be had for $30. For BOTH!

Finally, as you search a roll of cents, divided them into two piles: ones which are damaged or somehow
ugly and those which are nice. This will train your eyes to notice little things. Then take the "nice" pile and divide it into two piles: nice and REALLY nice. By the time
you are ready to buy a coin or three, you will have learned how to look at a coin.
This knowledge is invaluable to a future collector.

Feel free to ask questions. We members love to learn and to share.






Pillar of the Community
United States
1195 Posts
 Posted 12/24/2012  12:48 pm  Show Profile   Bookmark this reply Add argentum to your friends list
meagan!
Moderator
Learn More...
United States
189297 Posts
 Posted 12/26/2012  2:47 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
to the Community!

You can also flip the 1982 cents. A copper cent has a distinct ring. Flip a pre-1982 (copper) and a post 1982 (zinc), compare.

Although you may not want to handle collectible cents this way, you may not have a problem doing this while sorting roll finds.
Pillar of the Community
United States
1510 Posts
 Posted 12/26/2012  2:54 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list
you came to the right website--these guys are experts
Retired USAF 1983-2003
Pillar of the Community
United States
1227 Posts
 Posted 12/26/2012  7:30 pm  Show Profile   Bookmark this reply Add ninamason to your friends list
Welcome, Meagan!!

Cents are my particular love, and while I'm still a baby-amateur (I started about a year ago), maybe I can offer you some pointers in the right direction . . .

Cents are, for the most part, easy to obtain, search, and collect, as you've discovered with your first foray into coin-roll hunting (CRH). Sounds like you got a great haul your first time out--congrats!--but don't expect this to be a "regular thing." I search via the change safe at my retail job, and I'll go through periods where I run out of "junk change" to swap out for cool things, and also periods where my "junk change" stays heavy in my pocket with nary a fun coin in sight. When you hit a dry period, don't get discouraged! Move to a different bank for awhile (this is a good idea anyway so people don't get tired of you), if you have an excuse to take a road trip make a dump somewhere else and pick up some coins outside your normal sphere, etc.

Cents within the Lincoln era are easily divided into three parts: wheats (LWC, 1909-1958), copper LMC (1959-1982), and Zincolns (1982-present). Within the last category there are two subcategories: zinc LMC (1982-2008), and what I call "new era" cents, beginning with the Life of Lincoln series in 2009 and now continuing with the shield cent. You may choose to focus on one of these areas, a couple put together (e.g, I'm doing a set from 1909-1982--all copper Lincoln cents), or go for the gold and try to collect all 103 years of Lincoln cents. This is a great set to start with; I'm easily 2/3 done with it, and the only Lincoln Cent purchase I have ever made was some folders my former boss' brother half-finished as a boy. (These account for a small fraction of the dates actually in my book; although I still have the cents I received from these folders, I've often updated with coins I pulled from circulation that are in better shape.) While you work on this set, keep an eye out for other things that may interest you; I began a set of early Jefferson nickels from circulation after being fascinated with my first War Nickel find. If you find an opportunity to expand on those new interests, take it, but don't worry about your next collection just yet. Instead, spend some time here, ask questions, read up, have fun, and put together your first set.

You likely will not finish a 'definitive' set of Lincoln cents right away--and by right away I mean "if you go for every single coin, this will take you YEARS"--but don't be discouraged! This is because of something we call "key dates" and within that series these will include: the 1909-S V.D.B. coin, the 1914-D, the 1932-S, the 1970-S "small date," and two errors: the 1922 "no D" or "weak D" and the 1955 double-die obverse ( DDO). Don't sweat it if you can't find these. Lots of us are missing them and when they come up on the forum they're always a cause for great excitement. Focus on filling out the other dates and mintmarks as you like, and worry about the keys later.

This set will help you to earn your chops--when I started on CCF I didn't know my DDO from my VAM (and technically I still have no idea what VAM stands for, but I also no longer worry about it), and a year later here I sit happily blathering on about off-centers with Cuds and closed dates and diamond patterns (all things you will also learn about if you decide to stick with the hobby). I guess my most important advice would be this: DON'T LET THE LANGUAGE SCARE YOU. You'll learn it in time, just like you would learn the technical aspects of any other hobby. Sometimes CCF has provided handy auto-links to a glossary, such as " ATB", " Morgan dollar", "CAM" (click on any of those words and you'll see what I mean), but sometimes not--and when not, there's no shame in saying " . . . guys? What's a pattern coin?" (It's a coin that was struck for the express purpose of showing Mint employees how a design would look when committed to metal, and it's not always made of the same metal as the final coin.) Someone--oftentimes several someones--who know the answer will be along shortly, and will be happy to answer. When I started here I was vaguely terrified by people casually throwing around abbreviations and technical terms like "proof" and "Krause number" and very nearly ran away again. The jargon is only hard and intimidating if you let it be, though; give it a little time and you'll be throwing 'em around too.

My final advice is this: no album. This is HIGHLY subjective advice, based purely on my own preference, and your mileage may vary. However, here is why I give it: If you don't want to worry about the errors (like the '55 DDO or the "no D"), you're going to forever have ugly blank holes in your album that are labeled for use, but never filled. Also, albums are expensive, especially for baby-collectors. I have a binder (that my dad got me for Christmas--thanks, Daddy!!) that contains "thumb-cut coin pages," which are sort of like the pages you'll see for collectible trading and baseball cards. Take a look at the picture here: https://whitman.com/Inventory/Detai...y-Kit+626KIT Those white things in the back by the Red Book are 2x2 flips, and the clear pages on the lower right hand side of the photograph are thumb-cut pages. You put your coins into 2x2s, then slide those into the thumb-cuts, and boom--you can set your own "album" up however you please, for much cheaper than, say, a Dansco album. (My total for 13 thumb-cut pages, which adds up to 260 openings to use however I please: $9.75. Whitman's price for a Whitman-brand cent album that covers 1909-1995 and has 252 openings: thirty bucks.) I think these pages are far better for a new collector--they're cheaper, they let you decide which direction you want to go instead of telling you what path you have to take, and if you want to, you can always upgrade later.
Valued Member
United States
104 Posts
 Posted 12/26/2012  9:37 pm  Show Profile   Bookmark this reply Add meagan1823 to your friends list
Thanks so much for the advice.
We got a few bargain folders for $1 each from a coin giy just so we would have somewhere to put them. But now I have started putting them in the cardboard flips and into the thumb cuts. I like this better. Reminds me of how I did my pokemon cards when I was younger lol.

The pennies are my favorite too for some reason. Something about finding wheats in a roll that gets me excited lol

I look forward to learning a lot and appreciate any and all advice
Pillar of the Community
United States
1227 Posts
 Posted 12/26/2012  11:41 pm  Show Profile   Bookmark this reply Add ninamason to your friends list
Ha! I collected the Sailor Moon cards, not the Pokemon, but it's the exact same principle, yeah. Another benefit is that you can write on flips without defacing your "album"; e.g., I have notes about restoration written on mine, and a 1908 IHC bears the inscription "This coin began this collection and was found in a cash drawer in Phoenix, AZ in June, 2011." Stuff I hope will be useful to my nieces when they inherit my collection, in other words.

Valued Member
United States
104 Posts
 Posted 12/27/2012  12:53 am  Show Profile   Bookmark this reply Add meagan1823 to your friends list
Yes I like being able to write on them as well aand not feel like defacing the album
Pillar of the Community
United States
1195 Posts
 Posted 12/27/2012  01:58 am  Show Profile   Bookmark this reply Add argentum to your friends list
I've got a few albums and I annotate them in pencil.

And speaking of collectible cards, I have tonnage of baseball cards as my back-burner collection. Mostly "junk era" 1986-1994.
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