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Advice On Purcasing Old Coins Or Coin Rolls

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Valued Member
United States
425 Posts
 Posted 03/11/2020  8:15 pm  Show Profile   Bookmark this reply Add Erscolo to your friends list Get a Link to this Reply
Both of the coins you mentioned have not been produced since before I was born (and that is a very long time ago). Therefore you are very unlikely to find them in bank rolls from the bank. As for "unsearched" rolls, I am pretty sure there is no such thing....did the buyer buy them sealed from the Federal Reserve or Mint back in the day? Probably not.

As for ebay, some will tell you to stay away. The key there, as anywhere, is education, plain and simple. Life is not to be feared, it is to be enjoyed. A solid bit of education will go along way. I have purchased many coins from online sellers, and have yet to have a bad deal. That is in part due to my education and part to feeling out the honesty of a seller and their business.

Most of all you want to enjoy the hobby, however you proceed. Check out a bin, avoid rolls and slowly fill the holes with quality coins.
Edited by Erscolo
03/11/2020 8:16 pm
Valued Member
United States
485 Posts
 Posted 03/12/2020  9:25 pm  Show Profile   Bookmark this reply Add CoinEnthusiast to your friends list Get a Link to this Reply
I would recommend going through the dealer's bins and picking out the better grade Indian Heads and Buffalo nickels. Most of the coins will likely be picked through, but with the Indian Head cents, look for slightly better date coins and/or coins that have a partial to full liberty on the hairband. For Buffalo nickels, try to pick out coins with full rims, a partial horn on the reverse, and a full date. And like others have said, don't be afraid to make a purchase. Remember, it's all about learning.
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 03/13/2020  09:38 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I'm sure this has already been mentioned but can't be stressed more . You need to develop experience in the hobby before you start going hog wild into buying coins . If your a newbie just starting out most likely you will get burned a couple of times like some of us in the fresh stages of coin collecting . Don't worry ,that's the experience that I was talking about . We all learn from our mistakes . A good way to develop experience is to buy books and read up about the hobby . One of the best books out there that I recommend to all is called ''THE Red Book'' . ( A Guide to United States coins ). Good luck and have fun .
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