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Replies: 35 / Views: 6,750 |
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Pillar of the Community
 United States
6514 Posts |
Mine are sorted and stored just like justcarl's. Except I must confess that I do splurge for all matching binders.
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Moderator
 United States
188913 Posts |
Quote: Except I must confess that I do splurge for all matching binders. No shame in that. 
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New Member
United States
3 Posts |
I have another question ,being a new collector I'm looking at every single coin that comes through this house for errors or rarer ones. I find most of my day is going through all these coins is there a way that you all separate the coins you look at first ?I kid you not when I say I spend over 4 hours a day looking at coins (cuz I've been saving coins for so long and have so many) it's getting to a point where I'm neglecting everything else I'm timely way?supposedd to do how do you guys do it in a
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Pillar of the Community
United States
7276 Posts |
I collect both US and foreign coins. My foreign coins are all in an album, there isn't much rhyme or reason other than bigger coins in the front smaller coins in the back. Then the US coins are as follows: 1) I collect by series so I have them in albums. I'm not picky so I have them in Dansco, Littleton or Whitman albums. 2) I also have a few folders for low cost coins, currently only small cents. 3) what doesn't fit in albums goes into 3 Whitman cases. They go by 1) silver coins 2) cents (large, IHC, LWC). I only keep coins in here that have a value more than face. And last one is supposed for clad coins. I have uncirculated moderns and classics. 4) I have a plastic roll holder for MS cents ( LMC and LSC) Anything that doesn't fit and even stuff that does but doesn't have collectibility to me will get purged, moved to circulation, given away or sold if there is enough value to justify. I don't keep coins to keep, so I have no issue purging what I have no interest in.
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New Member
United States
3 Posts |
Thank you all so muchyour information will help a lot because I have found this to be very overwhelming and I am not a very organized person so I really do appreciate all your help thank you again
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Valued Member
United States
443 Posts |
I'm in need of lots of advice, on all the aspects discussed here. Main problem: I've collected, bought, hoarded, coins and currency my whole life, without much specific rhyme or reason. If it caught my eye, or I thought why not buy 25 thousand wheat back pennies, which I did over time, or kept every star note, or two dollar bill, or silver coins, or funny looking foreign money while traveling, or save all my change because there might be something in there, I think you get the picture. I always figured I would sort it when retired, now retired, been working on it for months and haven't made much headway, especially since I'm now really into looking for errors. My plan, put everything in 2X2's and separate, then put in large but all the same 2-3 inch high boxes. All currency are in sleeves and top loaders and fit in those boxes too. Then either create my own Excel spreadsheet or buy a commercial one and enter everything in it. I've read posts that everything doesn't deserve a 2X2, but how else am I going to organize where everything fits in one medium? I've read only keep stuff worth more than face value, well don't all pennies before 1982 have a higher value due to metal content, especially the wheats? Can't get rid of those. All uncirculated have higher than face too. Now I'm to volume, I have lots and lots of ammo cans full of change.  More ammo cans full of other stuff.     I feel overwhelmed and wonder if I'm doing it all wrong. Am I planning right, just going to take years to complete? I took me a year to organize my 150 thousand sports cards.   Like others I'm spending hours everyday on this. Any advice?
Edited by Snoopydoo 12/29/2019 12:38 pm
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Pillar of the Community
 Spain
2752 Posts |
My main collecting area is ancients....I like to hold them so pretty much all are in trays like these aluminium cases...  
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Valued Member
United States
443 Posts |
Now those are some awesome coins and containers. And I bet their worth a ton, none of my coins warrant such beautiful presentation cases. Love those cases.  I only have 3 ancient coins, I think, I haven't even got to them yet to see what they are. If they are good, I'll look into using a case like you.
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Valued Member
United States
443 Posts |
Really need advice on handling the volume detailed a couple posts up.
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Pillar of the Community
United States
7276 Posts |
Quote: Really need advice on handling the volume detailed a couple posts up. My advice and take it for what it is. You have too much. You really do. Its not a collection its more a pile. Narrow down what you want to collect. Pick the best of each Get rid of everything else. I did the same with Lincoln Wheat Cents, I got a few folders and had more cents than I ever needed. I gave a few away, I sold a few and I put the rest back into circulation. In my extra's folder I only have 3 small cases and there are less than 100 extra coins that are duplicates. If I upgrade I'll sell the other ones I don't keep. Sorry, that's my advice. Narrow it down to what you actually want to collect.
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Pillar of the Community
United States
772 Posts |
Honestly, I don't think its THAT bad. I like the ammo-can idea. Personally, I have my "main collection" which consists of coin albums and folders, and a few 2x2/flips. The bulk of my collection however is sorted into rolls, and then into boxes based on denomination and type. I've never been a fan of putting everything in 2x2's, I consider that more for the valuable items. With all of your coins Snoopy, starting with the cents, I would sort out the wheats and coppers, keep the copper memorials in one ammo-can, wheats in another, etc. Of course, pull out rarities, but leave the rest in the cans. You could also sort by date and roll them up, but with the volume you have, that would be time consuming. Ammo-cans would hold the rolls nicely. It also wouldn't hurt to offload some of the collection either here or on ebay to make room. That being said, you don't HAVE to, its your collection! Good luck! 
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Valued Member
United States
443 Posts |
Great advice, I do need to downsize, I guess I'll save the 2X2 for uncirculated and rare coins and come up with a hybrid for the others and keep in rolls and ammo cans. Thanks for taking the time to answer.
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Moderator
 United States
188913 Posts |
Quote: I have lots and lots of ammo cans full of change... More ammo cans full of other stuff. Impressive! 
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Pillar of the Community
United States
940 Posts |
Snoopydoo, I agree with others that suggested that you have accumulated too much. To hopefully put things in more perspective, I saved wheat cents and pre-1950 Jefferson nickels from circulation for about 20 years, and accumulated five rolls of wheat cents and one roll of early Jeffersons. A few months ago, I decided to sell these rolls. Selling online seemed senseless to me due to prohibitive shipping costs, so I took the rolls to my local coin show. I offered them to several small-time dealers that sold such coins in bargain trays or whatever. The rolls were a tough sell, but I found a buyer who paid 1.5 cents for the wheats, and this was only because I had some earlier dates in the teens and 20s. The only early-date Jeffersons I could sell were the silver War Nickels (I just spent the rest). I believe every coin collector eventually arrives at a time when they decide to get rid of the least desirable or least valuable coins in their collection (or the ones that take up the most space). If you think hard about how exactly you would do that with your collection when the time comes, you might decide to adjust your acquisition habits soon. Selling the volume that you have might be heartbreaking when you're faced with the reality that I realized, only multiplied by a thousand times.
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Valued Member
United States
443 Posts |
Thanks everyone for some great, but hard to swallow advice. I think I'm avoiding getting rid of anything because deep down I know "classic coins" hard truth about what I'll get, for my perceived treasures will be heartbreaking. Falsely, in my mind if I keep everything, (the poor quality, or non rare) items, they will come back in value because time will clear out a lot of inventory through melting for metal value, etc, making them hard to get for new collectors in years to come. I have thousands of uncirculated coins bought directly from the mint as well, that I will probably not get my money back on either. I think I'm also under the false illusion that I will be able to sell the entire collection/accumulation all in one shot, the good with the bad. I never intended on selling them, my dream was to pass them on to a child, however my only child did not survive, my only sibling passed away without children, my family line is over with me, so I know someday I will need to try and sell this all off before I die. Fact is, your all right, I have too much, and will never get what I think their worth. Very emotional that my lifetime thinking and views as I collected, was wrong. It's going to hurt, but your all right. Thanks for the wake up call!
Edited by Snoopydoo 12/31/2019 09:18 am
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Replies: 35 / Views: 6,750 |
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