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Question To Those Who Can't Afford Coins Regularly

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Bedrock of the Community
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United States
12477 Posts
 Posted 06/28/2017  01:57 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list
Research into the history of a coin is a worthwhile expenditure of time. I have this coin in two different compositions and the story behind it is interesting.


Question-To-Those-Who-Can't-Afford-Coins-Regularly
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
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United States
1533 Posts
 Posted 06/28/2017  09:29 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list
I know some dealers that are only selling coins because they love to buy coins but would run out of money otherwise. For a no dollar budget, its tough but there is always CRH. And you can go to local coin clubs and put together talks on things you like to learn about.
Pillar of the Community
United States
2627 Posts
 Posted 06/28/2017  10:06 am  Show Profile   Bookmark this reply Add CollegeBarbers to your friends list
I enjoy being on CCF to both learn about and admire others' coins, which scratches my itch most of the time. The education from CCF prepares me for when I finally do have money in my budget. I also love looking at my coins and, to a much lesser extent, undertaking the never-ending task of reorganizing, cataloging, and photographing my collection. As others have said, reading about coins is fun too. I hope to resubscribe to Coin World soon, but in the meantime, there's lots of articles online and some books I have now to keep me occupied. As a student, I can tell you that you can never spend too much time learning!
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United States
6130 Posts
 Posted 06/28/2017  10:35 am  Show Profile   Bookmark this reply Add Finn235 to your friends list
Is CRH a viable option for South Africa? I know there is no silver to be had, but I assume there ought to be some reasonably valuable varieties that could be found?

Numismatics is a field that is functionally infinite; no one person has ever become an expert in all numismatic fields.

I have studied Jefferson nickels extensively; I know almost nothing about VAMs.

I know just about the entire history of the Roman Empire and how my coins play into it; I know very little about the technical aspects of coin identification and RIC numbers.

I have collected and studied the Indo-Sassanian imitative drachms extensively for over a year; I still periodically find new types that shatter what I thought I knew.

Even without a budget, you can still learn a lot from "window shopping" online.
Bedrock of the Community
United States
20753 Posts
 Posted 06/28/2017  2:37 pm  Show Profile   Bookmark this reply Add just carl to your friends list
The problem with roll searching is when you try taking them back to a bank, By me banks are getting to the point they really just don't want those rolls. Bank of America by me has a new policy that when you bring in any coins, rolled or loose, they are put into a plastic bag, shipped out for counting and there is now a fee for that. Also, what ever the total was, it is placed in an account of yours. NO account? Then they send you a check and there is another fee for that. So roll searching by me is becoming expensive. Some smaller banks will refuse any bulk coins from people without an account there.
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United States
79 Posts
 Posted 07/10/2017  10:03 pm  Show Profile   Bookmark this reply Add herbaby to your friends list
I can definitely relate to "no or low" budget for coin buying. My withdrawal routine is a combination of reading CCF, coin roll hunting, working on coin photography and pulling out an album to refresh my memory of what I have and don't have.

I'm fortunate to have a bank near me that will sell me rolls. Then I take them to my bank and deposit them.

herbaby
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7390 Posts
 Posted 07/10/2017  10:10 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
You're still relatively new and in that list phase. It will pass with time and you will focus on specific coins or ways to collect them then that will change. I suggest having a core group of coins, the ones you like the most and keep those. Then sell the rest and buy more then sell some more then buy some more. Being an ebay "dealer" can be quite fun and you learn a lot by having more coins pass through your hands. The trick is to not get attached to specific coins. They come and go and the ride is awesome. It's a great way to have fun with coins and learn on a limited budget
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United States
422 Posts
 Posted 07/10/2017  10:58 pm  Show Profile   Bookmark this reply Add hozer to your friends list
I have a friend that hits a lot of flea markets and yard sales and buys different things and then gets on ******list and sells. He takes the profits and heads to the LCS.
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 Posted 07/10/2017  11:30 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list
Very well said, Cascade!

I've recently taken similar advice to focus. I have now decided what my "core group" of coins is and sticking to that makes it so much easier to offload the rest that will not become any sort of organized collection any time soon.

I've bought some coins over the last few months and then, after deciding to focus, have sold or am selling them. It was nice to have them for a bit and that's a learning experience in itself but, I'm over it.

Stick to your collecting focus while entertaining a few "transients" here and there.
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
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189199 Posts
 Posted 07/11/2017  12:05 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
The trick is to not get attached to specific coins.
Ay, there's the rub.
Valued Member
Ireland
82 Posts
 Posted 07/12/2017  5:56 pm  Show Profile   Bookmark this reply Add 2taol to your friends list

Quote:
So I cannot afford to buy coins every month, months may pass before I can buy a coin and usually it's a cheap coin, but I want to know how do you guys get by without buying coins those in the same boat as me?
I get myself busy with other things but it stays with me, I would take out my other coins and just look at them, or my Morgan pocket piece would remain in my hands flipping it all the time, the struggle is real
CCF certainly helps with the withdrawal symptoms of not buying


have you considered setting up a buddy list for swapping coins from your area [SA] to another country, you then just have to pay for postage which would be cheaper I recon?
Rest in Peace
10197 Posts
 Posted 07/12/2017  6:02 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list
2taol: not a bad idea but, overseas and in continental customs charges shoot up real high real quick. sent a coin to Canada, normal cost $2.67, add $9.50 customs fee to that, gets hefty for a few dollars of coins...both ways. Sometimes easier to find "foreign" coins in cheap bins of in auction lots.
Valued Member
Ireland
82 Posts
 Posted 07/12/2017  6:53 pm  Show Profile   Bookmark this reply Add 2taol to your friends list
@Crazyb0 that is serious customs fees! I can get anything into ireland customs fee free
that is valued under €50.
Rest in Peace
10197 Posts
 Posted 07/12/2017  8:16 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list
2taol

think it has more to do with the handoff from US post to Canada Post, on this side of the pond they call it Capitalism!
Valued Member
Ireland
82 Posts
 Posted 07/13/2017  5:47 pm  Show Profile   Bookmark this reply Add 2taol to your friends list
hmmm yea thats it!

but in all fairness it is a bit OTT.
I collect on a small scale old Vinyl Records
and from time to time I purchase from Canada and
I do find the postage rates are a little higher all right.
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