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Replies: 126 / Views: 12,142 |
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Valued Member
Philippines
53 Posts |
Hi Robocoin,
Welcome to the forum, I know for sure that your enjoying the inter-active discussion on this forum regarding your inheritance from your late mother.
Judging by the way your coin looks in the picture posted, it seems that a big fortune is in the making. Just like the other members advise, just be very careful in handling this kind of coin in your possession. They are very valueble because of its key date and are highly sought after by coin collector.
You may also visit the Heriatage Auction in the net to see some of actual value of coins being auction there and as future references for pricing and value.
Just keep posting a picture for everybody's appreciation.
Again welcome to the forum and enjoy.
Goodluck and God Bless You.
Tanks,
Noel Biscocho
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Pillar of the Community
United States
2254 Posts |
Unless I'm missing some ultra-rare variety on the 1857 Half Dime you posted, I have finally seen a "normal" coin in the collection.  Just kidding with you of course. I think we are all waiting anxiously for the return of the 1893s.....
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Valued Member
 United States
65 Posts |
Someone mentioned inheriting coins in a coffee can. I have shown some of the "big guns" so I wanted to let everyone know that the majority of this collection is wheat pennies, barbers, jeffersons, Mercury dimes etc. When all is said and done there will probably be a handful of coins in a safe deposit box, and lots of coins at home that will keep me occupied with sorting, trading, selling and buying. Someone else said I have a great start, I agree. The big guns are investments and the rest is my beginners collection. I want to start trading and buying and make MY collection. Part of the reason everyone loves their coins is that it's a personal collection. I want to personalize my collection. I'm kind of anxious to start.
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Valued Member
United States
417 Posts |
Definitely think first before trading or selling any. I had to do that a few months ago, with some my mom gave me, to make ends meet and I regret doing so.
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Valued Member
 United States
65 Posts |
I really don't want to sell the rare coins. What I meant was that of the remaining thousand or so coins I want to dump the junk and focus on assembling a collection that has my personal flavor.
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Valued Member
United States
245 Posts |
robocoin,
Have you gotten attached to a certain series yet? Full albyms are a very rewarding endeavor. I finaly finished my first one a couple weeks ago. Seems like you have a lot of stuff for starter sets, you could get albums and do upgrades, fill any remaining holes etc. Plus they are a great way to be able to safely view your collection, IMHO.
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Pillar of the Community
United States
1130 Posts |
Robo,
As you probably have done already, put your mega money coins in a safety deposit box and get a cheap home safe for your other coins. I have archived most of my nicer coins in the photo gallery here. You can request for one once you get 50 posts. That way, you can share your collection with everyone here.
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Valued Member
 United States
65 Posts |
I thought the albums had acid or something in the paper and discolored the edges. My uncle said he had a set in an album and it damaged some of the coins. There must be some better albums by now too. I forgot to mention, in this collection there is a full album of Jefferson nickels. When the disposition of the collection is decided I will then begin my quest.
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Moderator
 United States
188682 Posts |
I think the earlier album pages had a higher sulfur content in the cardboard, while the modern ones are much safer. My oldest Dansco albums are almost twenty-five years old now with no ill-effects on the coins. I think a lot of it has to do with how the albums are stored.
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Valued Member
United States
58 Posts |
Welcome Robocoin from a fellow newbie. I have been collecting for a couple years now and reading evrything I can get my hands on. This is a great place to get info as you have found out. Great people too. Sad that your mother passed but great that she left you this numismatic adventure. Best of luck in deciding how to proceed. If you are interested in broadening your horizons I recommend a subscription to CoinWorld (weekly). It is a good cross section of all areas of collecting. Try finding a single copy somewhere and see if you like it.
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Valued Member
 United States
65 Posts |
A weekly magazine? How much does it cost? Speaking of cost, how much is the Red Book and is 2009 out? I am cheap. I work full time at the university of Cincinnati and between my wife and I we make ends meet. When I first looked at the coins and saw what they were going for at the auction houses I couldn't believe it. My first thought was "these can't be real". I mean honestly I could hold in my palm a single coin that was worth more than I make in a month. It is still surreal. My dad always used to say buy land, they are never going to make any more of it. I think you could expand that to "buy rare coins, they aren't ever going to make any more".
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Pillar of the Community
United States
6326 Posts |
Actually, in China they continuously mint some Classic U.S. coins !!...  
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Moderator
 United States
188682 Posts |
Quote:Speaking of cost, how much is the Red Book and is 2009 out? List is $14.95 for the spiral, $16.95 for the hardcover; but Amazon has them for $10.17 and $11.53. I will also say you cannot go wrong by buying a 2008. They can be found for less than $5 and not much has changed. The pricing is pretty much wrong by the time it is published and only meant to be a guide; the real value of the Red Book is the information and pictures. Quote: I think you could expand that to "buy rare coins, they aren't ever going to make any more". Very True! Quote: Actually, in China they continuously mint some Classic U.S. coins ! Scourge of the earth, I say!  Eaglefoot, I thought I would let you know that he just pulled a "me" and changed avatars on you! 
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Bedrock of the Community
United States
12437 Posts |
Quote:A weekly magazine? How much does it cost? Speaking of cost, how much is the Red Book and is 2009 out? I am cheap The two main weeklys are Coin World and Numismatic News. I cannot speak for CW but a subscription to NN is about $35/year. The 2009 RedBook just came out in April/May. There are a few different versions- softcover spiralbound, hardcover, and hardcover spiralbound. The softcover is the least expensive, less than $15. Forum Mom(Susan) was selling them for $11 shipped so you may want to contact her https://goccf.com/t/28832
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Pillar of the Community
United States
1283 Posts |
Quote:I have shown some of the "big guns" so I wanted to let everyone know that the majority of this collection is wheat pennies, barbers, jeffersons, Mercury dimes etc. Just an FYI some of those can easily be big guns as well. If you don't mind me asking, where do you live? If you're anywhere near the Bay Area, CA or Fort Bragg, NC I'd be happy to go through your collection with you (I'm NOT looking to buy and I have no motive).
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Replies: 126 / Views: 12,142 |