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New Member
 Australia
21 Posts |
Thanks guys for all the advice and welcomes! Looked up local dealers, hopefully they have lots of good stuff :P!
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Bedrock of the Community
United States
20753 Posts |
 If I were you I'd start by just asking all my relatives, friends, neighbors if they have any old coins they want to part with. In many instances doing this gets you a lot of coins free. Look for and purchase a few books on coins to see what you may be interested in also. Don't know if you have flea markets there like we do in the USA and/or coin shows but try those too. Same with garage/yard/estate sales. Make places like ebay the 1,000th on your list of places to try for coins. Get a lot of posts on this forum and ask members for coins too. |
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New Member
Australia
21 Posts |
Thanks Carl! I don't think we have flea markets or coin shows, but we'd probably have garage/yard/estate sales :D! No idea how I'd find them, but I'll look around :P. The problem with trading is that I don't think my collection is very big/impressive in any way, so there's no real way for me to start trading yet :P. Though who knows, maybe in 6 months I'll have a very nice collection and be trading all day :P
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Pillar of the Community
United States
2605 Posts |
Quote:
... and do you want to just spend the next 5 years cataloging? No, I would like to be cataloging my coins for the rest of my collecting life. You make it sound like a bad thing. Different people may have different objectives of collecting, some just increase the stash, some keep turning them over (hopefully for a profit), and some to learn and enjoy - of course those are not necessarily disjoint. I always return to my coins, either "in flesh", or their images, or their descriptions (in my catalog). And once in a while I add a thing or two about a coin. Cataloging is a big part of my collecting. Quote:Why foreign? Have you seen any older american coinage? Mercury dimes, Barber dimes, seated dimes/quarters? To start, American coins would be foreign for Opaquer. And yes, I have see Mercury and Barber dimes, etc, and I have one of each, and that is plenty enough for me. I personally prefer a variety, only one coin of each type, and a single country, be it US or something else, cannot provide enough of a variety. That's why I enjoy collecting from the whole world. Opaquer, If you are at all attracted to foreign coins, I'd say go for it! See what kind of goodies you can get. Keep the ones you like (in your hand), and trade/sell/give away the others. And it's not like you're making a final decision, you can change the direction at any point if you think you want something else. Quote:
Lastly, how should I store the coins? It's better to separate coins from each other. A box is fine, but put coins in 2x2's, those could be purchased for a reasonable price. And then it would be easier to organize your coins within the box. Happy collecting! |
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New Member
Australia
21 Posts |
Well, so far, the cataloguing has been quite fun! I'm not behind or anything! Although I do need a new method to catalogue them. My current method is probably not very good :P. And good point about American coins being foreign! I didn't even think of that :P! That said though, I'm not against having non foreign coins. For example, how I would love a 1930 Australian Penny. I'd sell it, pay off some bills, and probably buy more coins :P. Or keep it and add it to the other 4 Australian Pennies I have :P (unfortunately nothing of a rare date for my pennies!). I just don't want to end up with 50,000 of the same American coins :P. And I saw a few things about 2x2's. Box of 50 for like $15 or something if I remember correctly :). Not a bad price, and that way everything will be safe :P!
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Pillar of the Community
United States
2605 Posts |
My American coins are part of my "World Collection", because I do consider the US a part of the world. Quote:
And I saw a few things about 2x2's. Box of 50 for like $15 or something if I remember correctly :). Not a bad price ... That is a terrible price! Most expensive ones would be self-adhesive kind, and they could be found for under $10 for a box of 50. The regular, staple ones, go for about $2-3 for a bundle of 100. |
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New Member
Australia
21 Posts |
Oh, seriously! Wow, lucky I didn't buy them! Where would these pack of 100 be for $2-3 :P?
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Pillar of the Community
United States
2605 Posts |
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New Member
Australia
21 Posts |
Excellent, thanks! I'll see what we have here locally! Perhaps the site I was looking at before was just hoping to get new collectors to buy their 2x2's for overpriced money :P
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Valued Member
United States
227 Posts |
I am new too. I just ordered for the first time with Wizard Coin Supply... pretty reasonable prices I feel though shipping was like $11. Air-tites.com is where I'm looking to get coin tubes. If you're going to have massive quantities of coins, get coin tubes because you really dont want to just leave them in a pile in some random box. The ones I'm looking at are square so they dont roll around. Do not buy anything with PVC (aka vinyl). People often suggest 2x2 cardboard holders and those are nice and cheap ways to store coins but just make sure they are PVC free or "inert". Mylar is a brand name for this type of plastic. Next is boxes for storage. I am looking into Intercept Shield Boxes which are coated on the inside with an anti-corrosion agent (I believe its made out of copper, so the air reacts with it instead of your coins, like a sponge for corrosion). I'm not sure if it's necessary but I'm doing it to protect a few high grade coins I started my collection with. Also don't store coins in wooden boxes and make sure humidity doesn't get high near your coins. Also about buying bulk... keep in mind that rarely is any lot of coins unsearched. I'm sure the guy that's selling them likes money and has already searched the coins for valuables (barring mint errors that he didn't notice). If you want more info on hunting for coins and all you could go here: http://www.coincommunity.com/forum/...FORUM_ID=147 ... that's a subforum on roll hunting. And of course never clean the coins. |
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New Member
Australia
21 Posts |
I'll keep all that in mind :D! Also with the bulk buying, if I get a massive amount, and I do get something worth it, then yay! But if I don't, I've still got a nice collection then :). So either way, it's a good ending :P. Though, of course, I certainly wouldn't mind finding a coin worth a lot in the bulk if there is one :P
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Pillar of the Community
United States
863 Posts |
be careful buying those large bulk lots off of ebay. most of the time they are picked through and you wont be able to sell the majority of the coins to anyone. just because they are foreign does not mean they are old |
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New Member
Australia
21 Posts |
I'm more looking for a collection rather than buying and reselling them :). Unless there are some really valuable ones that will sell for $10,000+ or so, I doubt I'll sell it anyway :P. But if I do buy it in bulk and get another 2000 coins, I'll have the starts of a very nice collection, even though they may not necessarily all be old :P
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Moderator
 United States
16679 Posts |
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New Member
Australia
21 Posts |
Thanks Vermontensium! I'm loving the community so far, and I'm sure it'll just get better :D!
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Replies: 22 / Views: 3,028 |
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First Page
Posted 06/15/2012 09:53 am
