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 Replies: 22 / Views: 4,256 |
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Pillar of the Community
Canada
902 Posts |
Always buy the best that are within your budget. You can always upgrade from there later on.
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Previously Banned Member
107 Posts |
When you plan to start a collection, it is important to decide the minimum grade that is acceptable to you. Then, never buy a coin for your collection that is not at or above your minimum grade standard. Your budget will dictate what your minimum standard should be. Go with quality over quantity.
Edited by coinvet
02/02/2012 5:32 pm
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Pillar of the Community
Canada
2427 Posts |
Hi Penny4Me.
I havent seen any yet. I think they will be out in late March or early April
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Pillar of the Community
Canada
2781 Posts |
just remember that if you are buying online that you will never get your shipping costs back. an extra $5 or $10 in shipping could you get a nicer coin at a local shop and the investment is recoverable.
i rushed to fill some holes on a large cent set, now as I replace each lower grade coin I am finding it hard to get what I paid for the first ones unless I find someone else who is in a rush. so I end up eating the cost on the first coin (ie my higher grade coin cost me 20% more because I now have 2 coins on hand).
pick a grade and a budget and stick to it. it might take a lot longer but you will be extremely thrilled when the last hole is filled.
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Bedrock of the Community
Australia
21788 Posts |
My attitude throughout the whole of my collecting experience is to go for the most difficult to find coins first. There is always the risk that if you pass on an oportunity to get a difficult coin, you may wery well regret it later, when it could be out of your price range.
Quote:
"The rare coins get rarer, the common coins stay common".
In times past, I managed to build a type set made up of the rarest date for each type. That saved me the expense of having to bother with all of the more common coins.
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Pillar of the Community
 Canada
617 Posts |
And if someone offers you a mintstate 1948 for $500 bucks, run like hell....with your hand on your wallet.
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Pillar of the Community
Canada
1731 Posts |
Ive seen the 2012 coins in my coin store.  |
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Valued Member
Canada
223 Posts |
I made that mistake when I started out collecting. I do not collect dollars (not yet anyway) but I find myself upgrading almost all of my cents because I made the mistake of taking quantity over quality early on....
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Valued Member
 Canada
76 Posts |
sel 69 l , that makes sense but its hard for me to drop 400 bucks on a rare good grade coin
when rough estimate I could get the rest of the years I need ( discluding 1945,1947,1948 ) for 700 bucks when there all ms60 +
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Valued Member
Canada
76 Posts |
yeah I've boughten a few dollar coins and now seeing prices online I would of rather coughed up a extra 20 to get a better grade
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Valued Member
Canada
76 Posts |
I buy fillers on purpose and then evwentually try to purchase better ones. My reason is that I never intend to sell my coins, I would like to pass them to my children I have three to date and we are talking about another at the moment. I try to interest my children in my collections as my fateher and grandfater did. That said I would like to eventually split my collection's into several starter collections for my children, so the better coins would potentially be split up with the fillers serving as space holders once again.
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Valued Member
Canada
76 Posts |
^ thats a pretty wicked plan. yeah cant really go wrong having a few extra different grades.
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Valued Member
Canada
76 Posts |
do you guys think MS-62 is a good grade to collect at?
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Pillar of the Community
Canada
1731 Posts |
for the less expensive years.... I try to go MS-63 and above. but Ms-62 is good too
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Pillar of the Community
Canada
617 Posts |
For Queen Elizabeth, you can get some really sharp looking MS63's for slightly above bullion if you shop around.
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Replies: 22 / Views: 4,256 |
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First Page
Posted 02/02/2012 5:31 pm
