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Im Looking For Suggestions On Older Coin Collecting

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Pillar of the Community
United States
3162 Posts
 Posted 09/02/2013  8:05 pm  Show Profile   Bookmark this reply Add jerryc39 to your friends list
I like the large cents. Alot of the braided hair coins are not terribly expensive in vf to xf grades. 1857 being the notable exception. If you go back farther than the coronet years than they start getting a little pricey for some of the draped bust and liberty cap cents. Check out the big boy pennies as I like to call them!
Valued Member
United States
337 Posts
 Posted 09/02/2013  10:23 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list
Except for 1oz silver coins, I haven't spent more than $100 on any coin. I have some nice Large Cents, Steel Cents, Indian Head cents, Winged Liberty "Mercury" Dime, Buffalo nickel, Half Dollars, Susan B. Anthony dollars, Presidential dollars, Sacagawea dollars, Large Eisenhower dollars, the 50 State Quarters + Territories, 2009 Lincoln Pennies, Westward Journey Nickels, etc.

Notice, most of those coins are circulated coins. Only the very old coins I have to pick up from the coin shows for less than $30/each.

You can definitely build a nice collection from circulated coins. I make it a habit to ask my bank and any place I shop if they have half dollars or dollar coins. If I'm getting change then I ask for coins instead of bills. The fun of hunting & finding coins is part of the hobby!
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 Posted 09/02/2013  11:50 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
I agree with FTB- you were on the right track with Morgan dollars.
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United States
461 Posts
 Posted 09/03/2013  12:07 pm  Show Profile   Bookmark this reply Add sirdizzy to your friends list
Let me get this straight you want to collect coins from the 1800's, that are inexpensive and that have proofs. Good luck with that.

Why not do a 1800's type set then nobody's mentioned that you can do proofs for the types on occasion when you can find them, and then your not stuck with any rare dates like the 1893 Morgan as you can just do another date.
Bedrock of the Community
United States
17884 Posts
 Posted 09/03/2013  4:30 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
I have seen some pretty coins from hawaii before the brits..

There are no coins from Hawaii before the Brits. The only coins from Hawaii are the 1847 cent and the 1883 dime, quarter, half, and dollar.

OK with that price range as a maximum good choices are Braided Hair Half Cents (business strikes) and Braided Hair large cents, Two Cent Pieces, nickel Three Cent, maybe Shield nickels, Capped bust Half Dimes, and maybe the capped bust dimes. A date set of capped bust halves may be possible with the possible exception of the 1815.

The Half Cent and large cent are good choices because they are readily available and there are no real key dates. The most expensive would be the 1857's. All of the date with the possible exception of the 1857's should be available in AU for well under your lower $500 figure. You can probably get some of them in Unc for under $500. Proofs on the other hand would be out of the question on these.

Two Cent once again you can get everything in AU for well under the $500 each figure with the exception of the 64 small motto, the 1872, and the proof only 1873. Drop the grade of the 64 small motto and the 1872 some and they can be purchased for under the $500 figure. If you will settle for a lower end proof the 1873 can possibly be had for under that $1000 figure.

The nickel Three Cent, you can get AU - Unc coins from 1865 - 1876, the 1881, and maybe the 1888 and 1889 for well below the $500 each level. You may have to go a little lower in grade on the 88 and 89. The 1877 and possibly the 78 could be stoppers. You might be able to get a 78 for under $1K but I don't know about the 77. For most of the rest of the dates consider VF - Xf coins and you should be able to get them below the $500 each figure. The exception would be the 1884, 85, 86, and 87. For these consider lower end proof coins (the 86 is a proof only) they will be in you price range and will be cheaper than the business strikes.

Shield nickel, everything from 1866 to 1876, and the 1882 and 83 are all available in better grade below your cap. The 79, 80, and 81 take my advice from the Three Cent pieces and look at the proofs, cheaper than the business strike. The 77 and 78 are proof only and may be beyound your budget.

The rest of the series I mentions, forget the proofs they will be way out of your budget. But nice high end business strikes should be affordable for the capped Half Dimes, You will have to go lower in grade on the dimes and there is o stopper, the 1822, which is within your budget but at a much lower grade.

You could probably put together most of an XF date set of capped bust halves for under your $500 per coin figure but you may have to go a little lower in grade on the early ones. The 1815 on the ofther hand is well out of your range even in lower grade.
Bedrock of the Community
United States
20753 Posts
 Posted 09/03/2013  4:33 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Not sure where your at but try looking up in Google for coin shows. Also, try to find a copy of the Red Book for ideas on the various types of coins and approximate prices. If there are any coin shows or coin shops in your area, just go to them and look around. Get to know what is availabe. I think it's a bit late to start with Morgan dollars. Way to hot an item so prices are excessive. I think you'ld find any Nickel collections within your budget, readily available and usually not to hard to complete sets.
Valued Member
United States
131 Posts
 Posted 09/03/2013  7:21 pm  Show Profile   Bookmark this reply Add Stylez to your friends list
So much good information... it gives me a lot to think about while researching coins... I was looking at the large cents but the only place I know that has variety is ebay and since I've read a lot about fakes on sites recently I'm a little more skeptical about purchasing older coins that I know nothing about...

I have a affinity with all coins... if I could I would buy every coin and put it in a book to pass on... I've been considering starting with some more morgans.. what turned me off about them the most was the limited coins shops and collectors here on the island... I paid over 200 for a 1878 CC at a show here and wasn't aware of the rip until I got home and looked at my RedBook.... I think that being on a forum like this will help me with my collection without getting scarred up on prices... because ill know what to look for better...

I think I'm going to take a lil bit of everyones suggestions and use that as a strategy... start with a u.s. coin type set, (does anyone know where to get a acrylic u.s. gold type set?) and then buy books for morgans, V nickels, Mercury dimes, capped halves and Lincoln pennies... I started a dansco book before and had a beautiful set of 16 morgans with 2 CC's and some other commons with some that were toned beautifully... I traded those for 5- 10oz bars of silver... I'm not regretting the decision because I know there are other nice coins out there waiting to go in my pages...

I appreciate everyones input and cant wait to get on this endeavor... my wife works a lot (U.S. Army Soldier) and she loves to come home to see beautiful coins that shes worked hard to put in our collection.. its one of those rewards that you can see after paying for bills and other nescesitties, to be able to pick up a PCGS slab box and look at the MS/PR 69 ASE set being put together is a great thing or the Dansco album with the reg and proof ASE's ... she likes the older coins too so id like to give her more to see and with everyones advice, I now know how to do to just that...

I made a mention of it earlier but I would like to find a acrylic holder for U.S. gold type coins... I've seen them before but not sure who makes them.. I know its out of my budget but the wife has asked about getting gold coins so its something id like to do for her even if it takes a year of saving... thanks again, PEACE...
Pillar of the Community
United States
9792 Posts
 Posted 09/03/2013  8:03 pm  Show Profile   Bookmark this reply Add westcoin to your friends list
2 & 3 cent coins, Buffalo nickels, Liberty nickels, Lincoln cents, Peace dollars, Short sets including the proofs on Mercury dimes, and Walking Liberty halfs. Maybe a set of commemorative half dollars. I know there isn't much you will get into proof coins in the 1800's, in your price range limitations.

The type set sounds the most logical to me as well. Or try a Date only set of Morgans. Even possibly a Top 100 VAM set, or HOT 50 VAM set. You could always subset the Morgans to things like - all the VAM varieties for one date and mint mark, or All the overdates or over mint marks.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Edited by westcoin
09/03/2013 8:09 pm
Valued Member
United States
171 Posts
 Posted 09/03/2013  9:10 pm  Show Profile   Bookmark this reply Add Eklections to your friends list
I've recently started looking for conder tokens - I know own 7 different 1/2 penny and 1 penny tokens. They were coins minted in england to supplement the lack in minor coinage of the time created by private businesses during the late 1780's into the mid 1790's. they can be purchased in the $10 - $200 range, they have huge variety of interesting designs and range from heavily circulated to uncirculated examples. Look up conder (name of the guy from the late 1790's who wrote a book describing the varieties produced at the time). This can dovetail nicely with a collection of colonial coins which can be reasonable in lower grades and then expand into 1/2 cent or large cent coins.
Valued Member
United States
131 Posts
 Posted 09/03/2013  11:55 pm  Show Profile   Bookmark this reply Add Stylez to your friends list
What are VAMs?
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United States
23522 Posts
 Posted 09/04/2013  12:02 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
What are VAMs?


The varieties of Morgan and Peace dollars. Careful here, lest you be assimilated.

http://www.coincommunity.com/us_mor...is-a-vam.asp
Pillar of the Community
United States
9792 Posts
 Posted 09/04/2013  04:32 am  Show Profile   Bookmark this reply Add westcoin to your friends list

Quote:
What are VAMs?
All Morgan and Peace dollars are VAMs. VAM comes from two names Leroy Van Allen and George Mallis, they were the first to really delve into die pairings of these two popular coins. It has become quite a subset of silver dollar collecting, My friends Michael Fey and Jeff Oxman then took it to a new level by creating a book of the TOP 100 VAM varieties. (Think cherrypicking the coolest most dramatic varieties), after the their little book came out, the VAM market really took off, and now most, if not all the 3rd party grading services attribute them. SsuperDdave pointed you to a good beginning here at CCF and there is also a VAM forum as well under the US Classic Coins section.

The big site is http://www.vamworld.com a wiki that the Society of Silver Dollar Collectors started. It is probably the best reference (and it's free) anywhere beyond buying the many varied books on various VAMs. Check it out to see what it's all about. Lot's of photos to help you begin to identify your own silver dollars, and find out if you have any of the really rare VAMs. Many collectors (me included) got involved due to the enormous amount of money one can make by finding a really tough and rare VAM coin. I've sold several AU Morgan dollars for well over $1000 that I paid under $15.00 for, and pulled from a junk silver bin at coin shops and shows. I also saved a few neat ones for my own collection of variety coins.

The start was the hardest part for me, all the various different reverses and numbering scheme the VAM book/website uses, but it's really quite easy, take a look see if this collecting area may interest you, start off asking the simple questions here in the CCF VAM forum, there are a lot of us willing to help noobs in VAMing, as SsuperDdave said - it's quite addicting!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Pillar of the Community
1751 Posts
 Posted 09/04/2013  9:13 pm  Show Profile   Bookmark this reply Add FadeToBlack to your friends list
If your big problem is that you live in Hawaii, try to find somebody stateside who can work as a proxy for you, so if you win something on ebay, you can ship it to them, then they can forward it to you after examining it for you to make sure you'll like it. Some dealers will do this, but their proxy fees are kind of steep and really only designed for upper-echelon collectors.
Bedrock of the Community
United States
17884 Posts
 Posted 09/05/2013  09:37 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
Capital Plastics makes a holder that holds all three types of gold dollars, the three dollar gold, the Liberty head quarter eagle, half eagle, eagle, and double eagle, the indian head quarter and half eagle, and the Saint-Gaudens Eagle and double eagle. It doesn't have the with and without types on the Liberty head coins or the with and without IGWT Saint-Gaudens coins. They have made that holder for a LOOONG time and it should not be too hard to find one. If you buy it new it will cost but a nice used one should be much cheaper.

There are at least two on ebay at the moment. A used black one with a BIN of $8
http://www.ebay.com/itm/Capital-Hol...em19df9f6bbc

And a new white one with an opening bid of $18 or a BIN of $23.50
http://www.ebay.com/itm/U-S-GOLD-CO...em5af4d53c28

There is also an 11 coin holder that doesn't have a hole for the Type II gold dollar.
http://www.ebay.com/itm/Coin-Holder...em1c35542e4f

Frankly the gold will look better in the black holder.

If you want a holder that holds the earlier gold coins you will probably have to have them custom make one for you. They will do that but it will be costly. Of course the coins to go into that holder are costly as well.
Edited by Conder101
09/05/2013 09:41 am
Valued Member
United States
131 Posts
 Posted 09/05/2013  1:27 pm  Show Profile   Bookmark this reply Add Stylez to your friends list
thanks for the info Conder101... much appreciated
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