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Replies: 21 / Views: 3,286 |
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Rest in Peace
10197 Posts |
Mike, just realized as new member you can't use PM feature until minimum 50 post limit. I can send an email to you but you must turn on the feature in your profile section. Be happy to help you and your son get started. 
Edited by Crazyb0 04/07/2017 1:21 pm
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Pillar of the Community
United States
4211 Posts |
 ! I have been collecting off and on for around 40 years. My son is now 29 and we enjoyed the time together doing "our thing" as he grew up and he still enjoys going to coin club meetings and coin shows with me. He got married 2 years ago and now his wife is joining our coin club after attending as a guest a couple of times. I hope you and your son will share many happy memories over the next few decades like we have.
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Bedrock of the Community
United States
11951 Posts |
I agree with muddler ...a Ben Franklin set of half dollars would be a good starter set. The set goes from 1948 through 1963. Coins that are graded XF to BU would not be to hard to put together. You might want to look up some history on Ben Franklin while you collect the set. Another popular set would be American Silver Eagles ( ASE). ASE's were first minted in 1986. They contain 1oz. of .999 fine silver. Dansco makes some nice albums for coin sets, you might want to check out what is available.
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Pillar of the Community
Canada
2781 Posts |
do it for the sake of spending time with your son, do NOT do it expecting it to turn into a gold mine.
starter sets will always be just that, starter sets, and not likely to ever be worth more than you paid for it.
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Pillar of the Community
United States
1000 Posts |
I agree with Wade on this one. It's not easy to make money on coins. Do it for the experience, not as an investment. Assume you won't make money, and hope you don't lose money -- any profit is just a bonus. You'll want to amass knowledge before you amass coins. If deals sound too good to be true, they probably are. Crazy posted pictures of some nice 1851 Indian Head silver dollars the other day, and I'm sure he'd let them go at "spot price"! But they're forgeries, and he posted them as an illustration of knock offs being produced now. Good luck! 
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Pillar of the Community
United States
869 Posts |
Quote: Dansco makes some nice albums for coin sets, you might want to check out what is available. That's good advice. You could pick a series that interests you and start acquiring pieces to fill the slots. You could purchase sets from collectors to get started, as one fellow graciously offered. You could just start with pocket change collecting ATB and State Quarters. The possibilities are only limited by your wallet! 
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Pillar of the Community
United States
5207 Posts |
If you want a set that has "value" from circulation or searching boxes of coins then the Kennedy half is the way to go. If you want an easier set to start with that will give you a quicker satisfaction of filling the album up faster Lincoln Memorial cents are the way to go. Jefferson nickels are doable but it may take you a LOT of boxes to finish your album.
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Bedrock of the Community
United States
10284 Posts |
It's not the destination, it's the journey. Of course it's only my opinion but Jefferson nickels is an excellent place to start and I second the Franklin halves. I don't know how old your son is but maybe a reward for working on the Jeffersons and certain milestones you set could earn a trip to the flea market or coin shop for you to add another Franklin or Two to your set. A type set would be nice, but don't settle for hole fillers. Always get the best you can afford. Make it fun or it won't last.
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Bedrock of the Community
 United States
12477 Posts |
Quote: It's not the destination, it's the journey. Would that be the Westward Journey?  I agree with both Franklin halves and Jefferson nickels. The nickels have quite a few more years but even the War Nickels can be found in rolls and aren't highly priced. There are minimal key and semi-key dates. You mentioned "teaching" and Jefferson nickels have gone through several changes since 1938 including composition, mintmark placement (existence of P) design updates, etc. A lot to learn. The Franklin's are 90% Silver but are manageable because of the short run. As far as cents go, a Lincoln Memorial set (1959-2008) should be fairly simple to achieve. There are a few varieties that can or cannot be included at your discrepancy and most can be found in rolls. Whatever you do, make it your own. There aren't any hard and fast rules to a set. 
In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru 04/08/2017 02:39 am
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Pillar of the Community
United States
1314 Posts |
Manhembree, the time spent with your son is the gold mine. For something like the Franklins, you can get a coin a week and spend some time at the B&M and then spend some time together preserving, cataloging and storing the coin. A parallel study is sometimes helpful in music, cinema, automobiles, etc. Then when you get a 1952 Franklin, you might read a few paragraphs of "What happened in 1953." Or play a few hit tunes from 1953, maybe afterwards watch a period movie, or browse through a library book on automobiles of the '50's. A Saturday morning doing chores might pay for the coin, and offer a few other lessons. Just thinking aloud. Welcome to the forum and enjoy.
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Pillar of the Community
Norway
1358 Posts |
How about just starting with your own wallet and look for all the different cash you have? A lot of Americans here say to have started with cents (by year and mintmark), so that may be a classical way to start for a child. There are also quite some nickels to be found. How about State Quarters or America the beautiful? Those are widely available in change and a lot of them are still in excellent condition. There are quite a few albums around which are dedicated to such coins, too. Just check ebay, coin shops or such vendors to see what they have to offer. Not only would that be a nice way to start a collection, it'll also make getting change a bit more interesting and exciting. And if you decide that coin collecting is not for you, for example because it doesn't turn out to be the gold mine you expect it to be, then you can just spend it all again and nothing is lost. I personally try to get an American type coin set just out of circulation (ok, plus a few Morgans and so on the side), and I got well over 100 different types, not paying attention to mint mark or year. If I'd have done that, I'd probably be over 1000 by now. And I don't even live in the USA... Also check the 'junk silver' bins at your local coin shop. There might be quite a few treasures there going for about silver spot price, like silver dimes or quarters. As for the gold mine... unless you are dealing in precious metal (and very good at it) or able to invest in high end coins for trade, there won't be a physical gold mine. The most you'll get out of it is time spent with your son.
Edited by UltraRant 04/08/2017 6:40 pm
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Bedrock of the Community
United States
20753 Posts |
Jefferson nickels are a great way to get started. You could start by simply going to banks and getting rolls of Nickels and looking through them.
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Pillar of the Community
United States
6130 Posts |
Some terrific ideas posted here! As another idea and learning experience, why not attempt a "one from every country" or OFEC set? Buy a few cheap lots on ebay for $5-10 each and see how far you can get, then start hunting down individual countries. It's not terribly expensive, but it is a genuine challenge and will teach all but the most seasoned of geography nerds a thing or two.
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Pillar of the Community
United States
1316 Posts |
Welcome!! Yes, the time with your son is the gold mine. If You have a little money and patience and 19th Century Classics are more of the thing that will fill your hearts desires, a simple date set in circulated grades of Two Cents, Capped Bust Half Dimes, or Braided Hair Large Cents can be rather feasible. You might have to go to a few shows along the way for extra fun. For 20th century, I would advocate a simple date set of Buffaloes or Franklins. Most important, have fun with your son. That's the real prize. (As an investment, I suppose something along the lines of staking bullion maybe, but there are several option outside coins that would make more money faster than flipping coins)
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Valued Member
United States
237 Posts |
My son got interested in coins by looking through my small box of wheat cents and some silver coins. We started with the 50 state series, then the National Parks ( ATB) series and the Presidential dollar series. Once we were done/caught up to releases there, we started going to the bank and buying penny rolls and nickel rolls to look through. After about a year, he is 13 coins away from a full set of Jefferson nickels from circulation and he's fully completed the Memorial cents collection. We've completed all but 6 wheat pennies from 1941-58. We've found some proofs in circulation, a few Indian Head cents, and 3 Buffalo nickels during that time, and some random foreign coins. He's had fun every step of the way, which is important to us.
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