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Newbie Needs Help Starting Collection

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First Page  Showing last 15 replies.
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Valued Member
United States
411 Posts
 Posted 07/20/2016  11:26 am  Show Profile   Bookmark this reply Add cuzzx to your friends list
and one more thing , this is the best place to get questions answered no mater how dumb you think that question might be. this group has helped me a lot.

one more thing is to ask the teller at your bank if they have any IKE or SBA dollars , pick them up because they may not be there next trip.
New Member
United States
47 Posts
 Posted 07/20/2016  11:37 am  Show Profile   Bookmark this reply Add nick56x to your friends list
Pillar of the Community
United States
6326 Posts
 Posted 07/20/2016  12:37 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list
I agree with Jefferson nickels.
Doing it from circulation is attainable, unlike other denoms.
I suggest a folder if doing it from circulation. But if you're going to do Proofs and use high quality examples, then definitely get an album instead.
Bedrock of the Community
United States
94367 Posts
 Posted 07/20/2016  4:44 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
have you been to a coin shop or show yet - just to look around? This might be the best way to find a series that really appeals to you.
New Member
United States
5 Posts
 Posted 07/20/2016  7:58 pm  Show Profile   Bookmark this reply Add Jamo32 to your friends list
All of these are a great help. I do want to go to a shop/show soon to look around and get some ideas. I am leaning toward starting a penny and/or nickel set,but not ruling out looking for others as well. I have always been interested in collecting but now that I have finally made the jump I can't believe I waited this long!
Valued Member
Canada
67 Posts
 Posted 07/20/2016  9:55 pm  Show Profile   Bookmark this reply Add pennypincher1 to your friends list
About 6 years ago I started going through pennies and managed to get most dates from rolls, one of my earliest finds was a 1909 and several other early dates, I now find myself needing just three coins for a full set, yes I had to buy some of the rare dates which I found easily from dealers and on that bid site. I purchased all the proofs back to 1956, I am sure that my little collection cost just under $500. I am now onto Quarters and Nickels which for most part just cost me face value and it gives me great enjoyment finding a new date. There is one big difference from most of you on here and that is most of my finds have been found in rolls of Canadian coins, you see I am based on Vancouver Island. So jamo32 what ever you decide to collect you will have fun doing it, good luck.
P.
Pillar of the Community
United States
1119 Posts
 Posted 07/20/2016  10:24 pm  Show Profile   Bookmark this reply Add Steele to your friends list
any of the modern clad only sets shouldn't be prohibitively expensive in everyday grades . Lincoln memorial cents, Jefferson nickels, Roosevelt dimes (even with the silvers), Washington quarters. Any of these will be easy to complete and not super expensive in AU to lower MS. the quarters has a few priceyer coins if you do the silvers too, but not a lot.
Valued Member
United States
422 Posts
 Posted 07/20/2016  11:26 pm  Show Profile   Bookmark this reply Add hozer to your friends list
Collect what your wallet will allow. Start with circulated coins and you can always trade up as you find better condition coins. Go to your local coin shop and check through their bargain box also get a friend interested in the hobby and help each other, Good Luck and welcome to this awesome forum.
Valued Member
Learn More...
United States
397 Posts
 Posted 07/21/2016  7:14 pm  Show Profile   Bookmark this reply Add 88isgreat to your friends list
Jamo32

As others have stated, only you can determine what is best for you to collect. I recently restarted coin collecting and was sort of all over the place. Picked up some older mint sets (proof and uncirculated), put some coins from circulation into Whitman folders, and even some new sets directly from the Mint. Then I found this forum and saw what other members were collecting. As I started looking at some of the classic coins I realized that the Mercury dimes really struck my fancy. So I decided that I would try to acquire Mercurys in the best condition that my budget will allow. So far, I've been able to afford a few in MS 60 or better. Since Merc are silver, I figured why not pick up some silver Mint Sets to keep the set collection moving forward.
As you can see by the various responses, you can keep your interest up no matter what coins you decide to collect.
Pillar of the Community
United States
521 Posts
 Posted 07/30/2016  12:06 pm  Show Profile   Bookmark this reply Add johnny676767 to your friends list
I started (again) collecting about 4 years ago. I went with CRH Jeffersons. That was fun and something I did with my son. Never found those key dates, though. I've got a few folders exactly like the Whitman below. By the way, this is the real way to determine a key date IMO. (1950 P) really hard to find, too.

Then I bought a few UNC Jeffersons and I really loved the glow; some just really 'pop'. I started assembling an UNC set- pictured here.

Handling the circulated coins gave me a real feel for lower grades, especially wear patterns. Buying the UNCs gave me initial experience (at modest cost) with the 60 range grades and helped me learn about aspects such as strike and luster (as well as carbon-spotting and cleaning)- all ongoing lessons. Of course, all of these things are different for all series (and even coins within a series), but the Jeffs are a cost effective introduction. When you make a mistake (like I did) it doesn't hurt the pocket as much. I am now working on an UNC date set of Buffaloes. Again, I started with circulated (lower) grades before doing this. However, once I saw an UNC example, I was hooked. Nickels, especially the Buffs and Jeffs can really shine (IMO)!

Also be careful of pictures if buying online. The 38 pictured here is awesome in hand. I just don't photograph coins well and I also think they are challenging to capture in a Dansco folder. Unfortunately, you'll have the opposite problem with many purchased online.

Like others said, find what you like. You can always change!

Newbie-Needs-Help-Starting-Collection

Newbie-Needs-Help-Starting-Collection

Newbie-Needs-Help-Starting-Collection
Valued Member
United States
54 Posts
 Posted 10/12/2016  7:49 pm  Show Profile   Bookmark this reply Add IamCam to your friends list
I learn from reading these posts! Mvl, what would you consider a good price for a bag of wheat pennies on ebay? I didnt know that could be done. I would like to pick up a few Whitman folders for my grandaughter, and liked how you went about obtaining coins for your nieces to fill folders up.
Bedrock of the Community
United States
11951 Posts
 Posted 10/12/2016  9:43 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
Collecting from roll hunting can be fun... but in most cases you are
going to put together sets that will be worth face value.

With roll hunting there is a good chance you might find some coins
that will be worth more than face.

Mostly searching half dollar, quarter or dime roll boxes.
But those boxes will cost $250 to $500 per box.
Of course you dump the coins you don't keep.

With nickel boxes, after some work .. and searching many boxes
you might be able to get a full set .. or most of a full set.
A full set of Jefferson nickels will have 11 War Nickels (silver)
and a few key/semi key dates. Those Jefferson's would be
worth more than face ... but not a lot.

Searching cents ... you will find some wheat's, worth 2 to 5 cents each.
Good chance a Memorial set could be completed.

If I was going to banks I would be asking for customer wrapped rolls.
Half dollars, quarter and dimes ... in hopes of finding silver.
Also ask for Ike dollars ...trying to get BU coins.
Ike's are a very nice set to put together, and seemed to becoming
more collectable.

Someone asked about good price for Wheat cents, I think the average
price is around 5 cents each.

If I was making suggestions to a new collector
Do a U.S. Type set , like Dansco 7070
Many coins would be pretty easy to find.
The harder coins save up ..say $50 and look for a good coin
for the empty holes.

You might want to have a set or two to work on while
your taking years to do your type set.
Look at Walking Liberty or Fanklin halves.

If your near a good local coin shop, going through their 90%
silver coins ... stack as many as you can.

If you end up really liking this hobby, you will figure out
other coins you like .. as your ability to buy more expensive coins
grows .. so will your collection.
Pillar of the Community
Germany
1064 Posts
 Posted 10/15/2016  01:10 am  Show Profile   Bookmark this reply Add augsburger to your friends list
The one thing I'd say to anyone who starts collecting is, collect what you want to collect.

It seems that lots of people feel that collecting is just collecting by year and collecting by mint mark until you fill a folder that basically tells you what to do. I can understand this, but at the same time maybe this isn't what interests you.

I collect world coins, I just get whatever I can get and try and make sets from different countries. As a traveller this is what interests me, and that's the most important thing. For most people you'll never have a decent investment, and if you want to invest then it's not a hobby really.

Valued Member
231 Posts
 Posted 10/15/2016  04:09 am  Show Profile   Bookmark this reply Add Thecollectible to your friends list
Not sure anthing about United States coins but have some of them right with me and keep it up on collecting them for the hobbies fun
Valued Member
United States
54 Posts
 Posted 10/28/2016  9:45 pm  Show Profile   Bookmark this reply Add IamCam to your friends list
I am newbie myself, who inherited a few coins that have sat around for years until I now found time and interest to appreciate them.

I always liked the Buffalo nickels, and I figure I can start with an inexpensive run of them and trade up later if I want. It is a way to get started and see how things work.

Have you started collecting anything yet?
Edited by IamCam
10/28/2016 9:49 pm
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