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Top 5 Items A Coin Collector Needs?

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Bedrock of the Community
merclover's Avatar
United States
10635 Posts
 Posted 12/10/2011  01:41 am  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply

Quote:
His poison of choice was gin. Geez, I'd rather drink turpentine.


But which one cleans coins the best?
Pillar of the Community
glenzy1's Avatar
Canada
1554 Posts
 Posted 12/12/2011  07:39 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
money, knowledge, patience, computer, and youth!

Glenn
New Member
Canada
8 Posts
 Posted 12/20/2011  08:00 am  Show Profile   Bookmark this reply Add CoinNut66 to your friends list Get a Link to this Reply
I'm new to this too....2 questions:

- why do you need a scale...what do you use it for?

- can you post a link to the type of microscope that a coin collector would use? Why would you use a microscope instead of a good set of loupes?


Thanks in advance for the answers....
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 12/20/2011  2:57 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
, CoinNut66!

Scales are useful when the weight of a genuine coin is known, or for calculating PM content. You can get one that weighs almost 3# (1000g*0.1g) in g, oz, gn, dwt, ozt, ct for around $13 at Harbor Freight. US Balance Magum 1000XR.

Binocular microscopes allow you to see 3d. Not cheap, but what the pros use.
Pillar of the Community
stevex6's Avatar
3352 Posts
 Posted 12/20/2011  5:39 pm  Show Profile   Bookmark this reply Add stevex6 to your friends list Get a Link to this Reply
I totally agree that booze (red wine is my poison) makes the whole experience a bit more random => I've made some pretty bad and/or bold purchases that I never would have made if I'd been sober (but those are consistently the winners!) => come big, or stay at home!

... anyway (kinda joking) ... the other major thing I've found interesting/important is:

=> man, I wish that I'd been more patient and that I'd decided to buy "nicer, more valuable" coins, rather than scurrying-out and buying-up as many mediocre coins as possible, just to fill as many album-slots as possible ...

... yah, I realize that it's a learning experience, but I really wish that someone had told me that I'd eventually be up-grading all of the "mediocre coins" (my "spare coin" collection is now almost as big as my primary coin-collection!)

=> regardless => the fun is figuring-it-out yourself (good luck, young dude!)

Edited by stevex6
12/20/2011 5:41 pm
Pillar of the Community
westcoin's Avatar
United States
9792 Posts
 Posted 12/22/2011  03:40 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Reference guide
Loupe or magnifer
some coins
mentor
time for study

I know some collectors that only collect knowledge and not coins. They are giants in the coin industry or were collectors at one time, Bowers, Manley, Breen, etc.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 12/22/2011  05:22 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
My five would be
1 time
2 patiance
3 A thirst for knowlage
4 A few dollars
5 An understading wife ( Most Imprtant)
New Member
jeremy_ryanne's Avatar
United States
31 Posts
 Posted 12/24/2011  10:56 am  Show Profile   Bookmark this reply Add jeremy_ryanne to your friends list Get a Link to this Reply
I too am new and I read everything I could for 6 months BEFORE spending a dime. Then after I started buying, I realized my collecting took me in directions I didn't expect. Anyways, here are my 5:

Education on coins, the business, etc

*disposable* income for the "learning curve" (I have had a couple bad buys due to inexperience)

Time

Literature, price guides, especially the gray sheet! Walk into coin shops/shows gray sheet in hand and your buying experience will be alot better IMO.

Patience/Dedication and Patience

Have fun!
Valued Member
Cajunlady0's Avatar
United States
318 Posts
 Posted 12/31/2011  11:18 am  Show Profile   Bookmark this reply Add Cajunlady0 to your friends list Get a Link to this Reply
My history of collecting coins from the past 30 years: Collected everything from foreign coins to paper money. If I could go back in time, I would do things totally different.

#1 FOCUS on one type of coin or a small group of coins. Learn everything you can about them.

#2 Buy supplies and then document them and store them in an orderly fashion.

#3 Then expand to include other type of coins. Slow and steady.

Otherwise you will end up like me. Got a gazillion coins and paper money from everywhere all in sleeves and have no clue what they are.

Now, once my ordered supplies come in, I will be sorting them and organizing them for months! Then after they are sorted, I will try to really look close at each one of them for what I REALLY HAVE. What a mess!

I do have several reference books (which I will not try to grade them myself) but only for variations, etc. I also have a strong bendable lamp and a magnifier. I am not intending on selling any of them but I do enjoy looking at them for personal satisfaction.

So, I guess my point is, don't go crazy like I did getting everything you could get your hands on. Be more focused on a few types and then expand. But, be organized as you go.

Some may disagree with me, but if I could go back in time, my money would have been better spent.

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