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 Replies: 21 / Views: 2,309 |
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Pillar of the Community
United States
1083 Posts |
THat seems like a low price, but value depends largely on the grade or condition. Pictures would help.
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Pillar of the Community
United States
6326 Posts |
The cheaper vesion of the 1858 Flying Eagle begins in the $24.00 range, so if you paid $14.00-$15.00 for that "group", and the F.E. is in a very "low grade" condition,(and the IH's are in poor to average condition).......well .....you still got a good deal there. (IMHO)
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Pillar of the Community
United States
6326 Posts |
That 1859 Indian Head penny is a "first year" coin and is different from all the other Indian Heads you have. It's value "starts" at $15.00 and goes up from there depending on condition. The other years of your Indian Heads are in the $2.00 to $3.00 range (in the lowest listed condition).....if you can read "LIBERTY" on the forehead band of the headdress, you improve your condition value considerably.....and of course, up from there. But these prices are "general" RedBook prices of course and are meant to be taken as variable.....(you can always get more than you should ....or less than you ought to !).....Myself....I've never sold a coin in my life.....nor do I intend to anytime soon !....SO..the "selling point value" is NOT a factor for me...because I collect for the enjoyment of the "hoard"..!!  My dad once told me......it doesn't matter "what" you collect.....coins....jewelry....stamps.....dirty socks......SOMETHING IS "ONLY" WORTH WHAT YOU CAN FIND SOMEONE TO PAY YOU FOR IT !!........(now, of course, he doesn't participate in ebay or use a RedBook!)(just mostly years of "morning cafe" dealings with people over coffee).....so.........Ha Ha..  Edited by eaglefoot
03/25/2008 10:43 am
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Pillar of the Community
United States
3234 Posts |
You should come up with a way to formally organize it and catalog if possible. I strongly suggest you buy albums or folders to hold the coins. They help preserve the conditions of the coins as well as provide a nice way to display them. Once you figure out how to organize them, you'll have a better picture of what you have as a "collection" and what areas you might want to seriously pursue.
Personally, based on how you described what you own, I'd say you have more of an accumulation than a collection. Some might disagree with this statement but I'll stick by it. I consider a collection something that's formally put together and nurtured, not something that you throw into a box and say "look what I got!". I'm not trying to demean what you have. Your coins might be quite nice, but you should put a little extra effort to organize. It will put a whole new meaning into what you have and give you a greater sense of pride.
By the way, the crowd here would dismiss me as being out of line if I didn't suggest that you look into another series to pursue...Three Cent Nickels!
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Pillar of the Community
United States
2600 Posts |
Poker, keep enjoying and building your collection and have fun.
One word of advise, ignore the sirens song. Prethen will call you to the rocks of 3CNs. The pull is strong.
Jim hehehehehehe ;)
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Bedrock of the Community
United States
20753 Posts |
Pretty decent for just starting collecting. I suggest prior to any more coin purchases you consider purchasing a book on coins. Most start with what is called the Red Book by Whitmah Publishing. Usually available at most coin stores, some book stores and many places on the internet. I've found the cheapest is usually the Walmart Web site for books but not sure if they have any presently. |
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Pillar of the Community
United States
6326 Posts |
Prethen...... Quote : By the way, the crowd here would dismiss me as being out of line if I didn't suggest that you look into another series to pursue...Three Cent Nickels! _________________________________________________________________ Ha Ha LoL ! ....I was wondering when you'd get around to that ! Too funny !......  _________________________________________________________________ I agree with everything Prethen says about "organizing" this collection and pursuing a direction with your collecting now..... There are "coin albums" for everything ! You can buy a Indian Head penny album and begin pursuing those. I have a MASSIVE stack of "incomplete" albums......but that's the fun of the hobby is trying to "complete" them....and they're just nicer to see for yourself, family, and friends ! You don't want to show somebody a "bag" of coins, or a jar, or box or something........no no.....that won't do !....  But, if you have the "fever" ....you WILL evolve into these practices of taking care of your coins for display AND to preserve them.  Edited by eaglefoot
03/25/2008 10:59 am
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Valued Member
 United States
85 Posts |
I have a binder that has 20 slots on it and also have these cardboard "sleeves" that can be stapled shut. I also got the Red Book now, having just left the coin store. I think I like the older stuff, such as Indian heads and so forth. Any ideas on where I can buy in bulk to begin or at least help my collection get better? I won't care if they are commons or not. Thanks! |
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Valued Member
United States
178 Posts |
Mike-
When I was first beginning I realized I was just acquiring random coins. Know what you want when purchasing them, that's my advice.
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New Member
United States
48 Posts |
You certainly can check the coin dealer you just purchased the Red Book from. A lot of dealers will have boxes of low grade coins, usually separated by types (e.g. Indian Heads, Lincoln wheats, Buffalo nickels, etc), that you can sort through. ebay is a place you should probably stay away from until you have a better idea of what you are doing with coins. Too many shady sellers there for a newbie. If you have any coin shows that come to your area, you can usually find tables there with "off price" boxes as well. Good luck, collect what makes you happy. Welcome to the home of the (slightly) obsessive compulsive world of coin collecting. Oh yeah, let me be the first. DON'T CLEAN YOUR COINS!  Edited by FHDave
03/25/2008 12:21 pm
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Pillar of the Community
United States
6326 Posts |
Where to buy ?........well......that'll be different for different people. There are coin dealer shops in most larger cities. There are coin auctions (you can find out about these from the internet) Coin shows as well.... There are estate auctions (very often will have "batches" of coins and you can get lucky at snagging stuff for very little....works the other way too if you're not careful though!) Of course, a HUGE draw is ebay (which I don't participate in personally) but you can bid on millions of selections of different kinds of coins there !) Even the Classified ads in your local Newspaper can produce some opportunities if you keep looking. Even if you live in a rural area.....if you'll get online and search for "coin auctions" ..."coin shows"...."estate auctions" (that list coins)....you'll find opportunities for you in your general area (within a couple hour drive anyway I'm sure) ebay, I suppose, is by far and wide the most popular though.... |
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Pillar of the Community
United States
6326 Posts |
Like many starting out, you'll likely buy many affordable coins that might translate into being "low grade" to say the least....be careful not to buy TOO much of that though. It's understandable to want to "grow your collection", but early/rarely taken advice is to....."buy wisely" & "smartly" and educate yourself the best you can "before" making any purchases. Try to find the best examples of coins you can and don't make bad decisions !...  Pride would keep many of us from "admitting" the bad decisions we've all made(or at least the "entire list" of em')...and still continue to do so sometimes!.. I'm gonna go off to do a little gambling this weekend on a certain coin myself......ahhhh ! The 1793 Cent.....gotta have it ! (just might be a very expensive counterfeit coin added to my collection....we'll see....maybe Divine Intervention will stop me!) ......... Edited by eaglefoot
03/25/2008 12:48 pm
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Valued Member
United States
58 Posts |
Collect what you enjoy until you identify a perticular series you like. Then start w/ an album or folder and collect by years first then fill in as you go.
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Valued Member
United States
328 Posts |
quote:
What one person calls junk may be what someone else collects.
Ummm, I think it's "One man's trash is another man's treasure.".  |
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Valued Member
United States
176 Posts |
Hello all, I started collecting pennies and strickly pennies for errors, varities, and so on. In 3 months time I have a value of over $13,000.00 and it is AWESOME! and very CHEAP to go get boxes and go thru them to see what you find. Ifound great pennies so far doing this and I cannot belive that there are so many people that do not know what they have in there pennies. One of my prized finds is the 1999 Wide AM, that was great to find that one, and I found several key double dies also, and the 1988P Transitional Reverse die 006. I also found 13, 1998 Wide AM's and 11, 2000 Wide AM's, and I get 2 boxes every 2 weeks from the bank, and I keep on getting more cool pennies. So it go's to show you that there are great coins out there just have to have patience to find them, because they will eventually land up in your fingers. 300 coin guy |
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Posted 03/25/2008 10:09 am
