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What The Thing All Coin Collectors Need....

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Valued Member
United States
164 Posts
 Posted 04/06/2013  09:07 am  Show Profile   Bookmark this reply Add bugmanmiller to your friends list
Ok! Cool!
Pillar of the Community
United States
1211 Posts
 Posted 04/06/2013  09:21 am  Show Profile   Bookmark this reply Add Hondo to your friends list
This is an easy one... The one thing all collectors need is CASH!!

I second the idea that the first purchase should be a Red Book. Look through and see which design/denomination grabs you and then start looking at pricing vs budget.

Have fun!
Edited by Hondo
04/06/2013 09:30 am
Pillar of the Community
United States
3278 Posts
 Posted 04/06/2013  1:00 pm  Show Profile   Bookmark this reply Add upstate to your friends list
Proof set for the year they were born.
One of the first things I have bought YN's in my extended family.
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United States
18627 Posts
 Posted 04/06/2013  2:04 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list
Money!
Pillar of the Community
Russian Federation
5172 Posts
 Posted 04/07/2013  03:26 am  Show Profile   Bookmark this reply Add january1may to your friends list

Quote:
IMHO... Collecting coins is all about finding your collection in circulating coins. Over the years, I have had to purchase coins to fill holes in sets, but NOTHING replaces the joy experienced when you search through a bunch of rolls and find the coin you're looking for (or one you never expected).


I used to collect that way, until about the age of 17.
Then I realized that I'd probably win a lottery before finding anything from before 1992 [my 1991 find was later, when I tried to complete a set of the coins I at least could find], and I started actually going to coin stores and buying stuff in there
Though I admit that Americans might have it slightly more lucky.

(If you wonder about what happened with that set - it recently actually got full as a date set (excluding any set-only dates and otherwise ultra-rares, and anything 2013 of course since I've yet to see these), after I finally found an 1999 kopeck. Still missing some dates in SP mint though; and since a large part of these are kopecks as well (and they barely appear in circulation anymore, being worth something ridiculous like 0.03 cents), I might never actually finish the whole thing strictly out of circulation...)
Bedrock of the Community
13014 Posts
 Posted 04/07/2013  03:44 am  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
Though I admit that Americans might have it slightly more lucky.


Yes and no, most series you can find back to 1965 since 64 and earlier were silver except pennies and nickels. So while you can find most things, like you it would still leave a large part of the series incomplete for the circulating coins. Pennies are hard to find that way too for the wheats.

Jefferson nickels are probably the 1 current series that if you spent enough time searching you could do a full set that way maybe dimes too I never tried those so cant really comment.
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United States
1795 Posts
 Posted 04/07/2013  11:40 am  Show Profile   Bookmark this reply Add BadToTheBone to your friends list
Actually I would say ..Whatever Coin(s) float your boat! You should only collect what you like, thats what a collector of coins does. Now if your doing it for investing then you may be guided by people who want you to buy something suggest or tell you it will increase in value.
Valued Member
United States
156 Posts
 Posted 04/07/2013  1:57 pm  Show Profile   Bookmark this reply Add Buzzard to your friends list
Every collector needs a coin with a story behind it. What separates a 1996-W dime from all other clad dimes is its story.

Every collector should have something with good eye appeal. A nicely designed, well-struck coin with eye appeal is a miniature work of art.

Every collector should have a coin that was made with bullion value in mind. Large copper coins and small silver coins were first made in direct response to the trade value of the copper or silver they contained. The tradition has continued for thousands of years.

There are many affordable coins that combine a good story, eye appeal, and bullion value. For an American collector, a better-condition 1916 Mercury dime from Philadelphia would fit the bill nicely.
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United States
17884 Posts
 Posted 04/07/2013  8:00 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
Every collector needs a coin that excites him and initiates his passion and desire to learn and acquire more. If there is no coin that "REACHES" him in this way coin collecting is not for him.
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Australia
21786 Posts
 Posted 04/07/2013  8:48 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
A type set would be an excellent way of learning about U.S. coin heritage. How far back into the past you wish to go depends on your budget.

With this approach, there is a strong danger that it will leave you with a love of numismatics!
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United States
2311 Posts
 Posted 04/07/2013  11:53 pm  Show Profile   Bookmark this reply Add solotime to your friends list

Quote:
Conder101 wrote: Every collector needs a coin that excites him
Yes true! I started with buffalo's, ikes. I just started liking them all. Just Peach dollar and Morgan dollars I don't like much. I have zero of them. I want both of them in MS-63 grade.
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United States
8515 Posts
 Posted 04/08/2013  11:12 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
Roll searching is fun to do and a great way start a penny/nickel/dime whatever collection.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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United States
2734 Posts
 Posted 04/09/2013  01:21 am  Show Profile   Bookmark this reply Add DNA to your friends list

Quote:
jbuck: Every collector needs at least one Eisenhower dollar.


Start with a 1971-74 40% Ike, blue or brown. The 1971 through 1974 blue and brown Ikes make a nice short Set.

I just cracked out a 1972-S Proof Ike (bought for melt value) from its OGP lens.
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Australia
21786 Posts
 Posted 04/09/2013  01:27 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
Every collector should own at least one unique coin.
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United States
187446 Posts
 Posted 04/09/2013  2:07 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I just cracked out a 1972-S Proof Ike (bought for melt value) from its OGP lens.
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