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New Member From Texas - Total Newbie, Know Nothing

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New Member

United States
2 Posts
 Posted 06/01/2025  04:41 am Show Profile   Bookmark this topic Add TxYellowRose to your friends list Get a Link to this Message Number of Subscribers
I am a 71 year old grandma. Got interested in coins when I started seeing posts on Facebook about error coins. I had started saving change for my first grandchild and was thinking about opening a savings account for her when I got to $100. Then I realized that checking the coins first might be the smartest option. So I have started checking them and must admit I am so confused! There are so many error types!
Anyway, please be patient and understanding if I ask questions that seem stupid or redundant. I find all of this fascinating and really want to learn.
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nickelsearcher's Avatar
United States
15389 Posts
 Posted 06/01/2025  05:43 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
to the CCF

Ask away, our experts will help.
Take a look at my other hobby ... http://www.jk-dk.art
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MisterT's Avatar
United States
2002 Posts
 Posted 06/01/2025  05:55 am  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
TxYellowRose. Happy to have you aboard. Let me first say that very few people ever get wealthy by collecting coins. We collect for the fun and passion of the hobby. Error coins are a specialty field which requires considerable knowledge. Many people think they have an error coin when in fact a large number of them turn out to be simply damage. Posting large clear pictures of both sides of the coin in question will allow us to advise you. I commend you on your efforts to look after your grandchild's future and I am not offering financial advice but a savings account with the little interest it produces is not a good choice in my opinion. The money would be better invested in silver or gold as a hedge against inflation. Perhaps stash away some 1 ounce silver eagle coins or bullion, a few each month. Not only will it outperform a savings account in the long term but you will have physical possession of them to show to your grandchild. We look forward to seeing what you need help with.
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jbuck's Avatar
United States
187702 Posts
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Sharks's Avatar
Canada
1760 Posts
 Posted 06/01/2025  2:21 pm  Show Profile   Bookmark this reply Add Sharks to your friends list Get a Link to this Reply
@TxYellowRose - - from way up over your northern border. .

Many ways to start a collection, and ask away.
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NumisRob's Avatar
United Kingdom
17890 Posts
 Posted 06/01/2025  3:11 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
from England!
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BStrauss3's Avatar
United States
4588 Posts
 Posted 06/02/2025  07:59 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
You know nothing? You're already above average. Welcome to Lake Woebegone.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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United States
5198 Posts
 Posted 06/23/2025  9:55 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
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