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Tips On Sorting Out Coins Collection

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Pillar of the Community
United States
840 Posts
 Posted 12/10/2018  6:53 pm  Show Profile   Bookmark this reply Add jeffbuckes to your friends list Get a Link to this Reply
When I started out (many moons ago) I kept all my coins in Whitman folders - they only cost a buck or two, and they had the dates and mintages for easy reference. But then I would press too hard on the coins and break the paper backing. So then I started putting my coins in 2x2s, then I would store those in single-row storage boxes (they go for $3-$5 each). As my collection improved in quality/value I moved to nicer, high-end folders from Dansco that let me see the coin's obverse and reverse. But even now, I still keep some of my coins in a small box on my desk. I'm talking about average, circulated common dates of no real value - but designs that I enjoy seeing and holding in my hands (a Shield nickel, an IHC, etc.) So, in my opinion, there's no single way to store a collection. You'll develop a system that works for you. But if you have anything valuable (including bullion) get a safe.


(My original comment was a joke - upon reflection it seemed out of place here.)
Edited by jeffbuckes
12/11/2018 12:06 am
Pillar of the Community
Australia
1364 Posts
 Posted 12/10/2018  10:25 pm  Show Profile   Bookmark this reply Add coaster to your friends list Get a Link to this Reply

Quote:
By the way Coaster, I notice that you manage to collect so many of the same $2 coloured coin. How did you manage to collect so many of them?


This made me check just how many spare $2 commemorative coins I have and I was suprised when it came to almost 300!

Around half of these are Rio Olympics and Possum Magic coins that were received in change at Woolies during the promotion periods while the rest mainly came from the cash register at my son's business.
Valued Member
Australia
81 Posts
 Posted 12/11/2018  04:04 am  Show Profile   Bookmark this reply Add Charl to your friends list Get a Link to this Reply

Quote:
the rest mainly came from the cash register at my son's business


That is really benificial

Do you collect coins from every year even if it's not special and high mintage?
Pillar of the Community
Australia
1364 Posts
 Posted 12/11/2018  04:36 am  Show Profile   Bookmark this reply Add coaster to your friends list Get a Link to this Reply

Quote:
Do you collect coins from every year even if it's not special and high mintage?


Yes but I only collect from circulation. If I come across one in better condition I replace it.
Valued Member
Australia
81 Posts
 Posted 12/11/2018  05:54 am  Show Profile   Bookmark this reply Add Charl to your friends list Get a Link to this Reply
I see, how do you sub-category your collections?

Example

$1 Coins
- Every circulation year coins
- Variations and spare
- Errors

Is that how you divide your folders for each coins?

Thanks
Pillar of the Community
Australia
1364 Posts
 Posted 12/11/2018  7:17 pm  Show Profile   Bookmark this reply Add coaster to your friends list Get a Link to this Reply
Yes, for each denomination I order my coins by release date, followed by any error or non-circulating coins for that denomination that I have come across.

To save space, and at the same time keeping the weight down, my albums are separated into 1c/2c, 5c/10c, 20c/50c and $1/$2.

I only collect coins that I find in circulation so the challenge for me is to be always on the lookout for a higher grade coin as a replacement, along with those elusive low mintage ones!
Pillar of the Community
United States
840 Posts
 Posted 12/11/2018  8:47 pm  Show Profile   Bookmark this reply Add jeffbuckes to your friends list Get a Link to this Reply
@coaster
Quote:
I only collect coins that I find in circulation


This is great !! That's exactly how I started collecting coins here in the States. There's a lot of nice stuff still in circulation.
Valued Member
Australia
81 Posts
 Posted 12/11/2018  9:56 pm  Show Profile   Bookmark this reply Add Charl to your friends list Get a Link to this Reply
Thanks, I now have better idea how to organise my collection.

Coaster, did u manage to find the elusive $1 1992?
Pillar of the Community
Australia
1364 Posts
 Posted 12/11/2018  11:41 pm  Show Profile   Bookmark this reply Add coaster to your friends list Get a Link to this Reply

Quote:
Coaster, did u manage to find the elusive $1 1992?

I think you mean the mythical $1 coin!

https://en.numista.com/forum/topic46400.html
https://www.australian-coins.com/co...roos-dollar/
Pillar of the Community
triggersmob's Avatar
Australia
9416 Posts
 Posted 12/12/2018  05:44 am  Show Profile   Bookmark this reply Add triggersmob to your friends list Get a Link to this Reply
this is the reply I received from the mint, when I asked them about the 1992 $1 recently on Facebook.



Quote:
Royal Australian Mint Hi Stephen, from our records the coins are out in circulation. Perhaps sitting unused in the back of a bank vault somewhere. Thank you.


Steve :)
Valued Member
Australia
81 Posts
 Posted 12/12/2018  05:47 am  Show Profile   Bookmark this reply Add Charl to your friends list Get a Link to this Reply
Wow thanks for the info.

That is really interesting. It could be in uncirculated condition
Pillar of the Community
Australia
1364 Posts
 Posted 12/12/2018  08:18 am  Show Profile   Bookmark this reply Add coaster to your friends list Get a Link to this Reply

Quote:
Coaster, did u manage to find the elusive $1 1992?


... no but I have found a 1992 Barcelona Olympic Games $1 coin!
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