Coin Advice

First off, you will need to assess your collecting methodology and what your collecting objectives are. Questions to ask. Are you an accumulator? Are you collecting to please yourself? Are you collecting in the hopes of building a nest egg for your children? Yourself in old age?

These objectives help determine what you want to collect and on what budget.

As to what to collect? I put together a 28 coin Morgan dollar date set in uncirculated condition. I started the set in my early teens and through all the trials of growing up, going to college, getting married, paying on the mortgage, putting children through college finished it last year. I was slow but I did finish it.
You must want something that pleases you and something you can be proud of when you finish. Find that and you will enjoy the pleasure of being a true hobbyist.

TO THE FORUMMMMMMMMM
As to advise on what to do about collecting coins.
1. Don't listen to others, just do what you feel like doing
2. Collect what you can afford.
3. Put then in Albums, 2x2's, plastic rolls or again, what ever YOU prefer.
4. If uncertain, just package up what you already have and send to me.
Your presently doing what I started out doing over 60 years ago. I too was always trying to figure out what to collect next. I'm still trying to figure out what to collet next. I'm sure that if I asked that question like you just did, I'd get a real lot of answers but then just go back to collecting what I want, when I want, how I want anyway.
You should probably purchase a Red Book or go to a coin show and just look, look, look around. My problem with even this is what I like today, may well bore me tomorrow. Now have well over 100 Whitman Albums and most filled. Possibly should start on the next 100 Albums.
Unlike Beanie Babies, Hot Wheel Cars, sporting cards, there is a massvie amount and variety of coins out there.

I'm new to collecting but I agree to buy what you like, I have started a few different collections I'm working on but I seem to be always going back to lincoln wheats so that is my primary focus. Good luck and just remember to do what you enjoy and it will last a lifetime.

Maybe not getting there first but when you get to my age, it is sort of a race but with mother time you know.

When I was a young lad, many many many years ago, my grandmother used to give us a silver dollar( Ike dollars) when we passed a grade in school. I put them away and held on to them, all 8. I started seriously collecting when I was 14. Began studying, and learning about coin grades, older coins, such as Morgans, Peace, SLQ's, War Nickels, etc. I bought my first Morgan in a local auction(surprising how many small town auctioneers lack serious knowledge on coin values).

My advice for you, since you're just starting out, is start out small, like I did. Some older coins, Cents, Half Dimes, can be a bit pricey. Set a budget for yourself. Get a copy of R. S. Yeoman's The Official Red Book: A Guide Book of United States coins 2010, Barnes & Nobles carries copies for around $14.95, and a lot of numismatists consider it to be bible on coin pricing. Very easy to understand, and the format is great, color coded sections for each type of coin, along with mentions of known errors, grading, etc. It's a must have tool for any collector, IMHO.

And being a member of a coin group, such as this site, is a great source of information. I have yet to be steered wrong by anyone's opinion or advice here. I've learned a lot in the few short weeks I've been here.

Good luck to you in your new, and very addicting (LOL) hobby.

I REALLY like the Morgan dollars. They're awesome, relatively cheap (most years/mints) and they feel heavy and cool in your hand. And there are quite a few MS quality ones out there.

And you can't beat the design.

whats a good price for morgans?