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Bedrock of the Community
United States
20753 Posts |
 To a great place for coins And why DANSCO? Haven't you heard of Whtiman?   Actually sort of to late for Whitman I'm starting to suspect. Less an less coin dealers are carrying them at all anymore. I use them since I started with them a long, long time ago when they were really popular. Dansco's are so much more available today I'm really thinking of changing too but with over 100 albums, sure would be expensive. As to which you should consider. Just remember you can always do both in the future. Start with an Album that does not require you to run out and BUY a lot of coins. The proofs you would have to buy but the normal, everyday coins you may well find in rolls or bags of Nickels from banks. Don't forget to ask relatives, friends, neighbors too for any old coins. And in the future, if your still into Nickels, you could simply start a second Albums for all including the Proofs. Odd that you would want to start collecting with Nickels though. Probably the most common collector starts with pennies. Good luck and keep us all posted. |
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Moderator
 United States
15458 Posts |
indeed. Jefferson nickels are a great way to learn about the hobby ... You can find a wide variety of coins at 5 cents each ... and with enough patience you can actually collect the entire 1938-2011 circulation strike set from current bank rolls. My opinion on the storage method ... I started with a Whitman 9009 ... Jefferson 1938 - 1961. It allowed me an easy way to fill the holes and replace the upgraded coins as they came fast in my initial searches. I set aside all 'nice' coins dated 1962 and later ... and after a year or so of accumulating them I purchased a Dansco 7113 (no proof) ... and filled in the years 1962 to date. Still have my humble Whitman 9009 ... still looking to fill 2 holes. Hope you enjoy the nickels as much as I have ... please share your finds with us on the nickel searching thread. David Take a look at my other hobby ... http://www.jk-dk.artEdited by nickelsearcher
02/22/2011 7:41 pm
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New Member
 United States
5 Posts |
Thanks for the replies everyone. I am definitely going to start with the Jefferson nickels (circulating). I figured I would see how many I can get in my collection just by going through all of the coins my family and I have around to see all the dates I can fill up in the book I will purchase. For coins that I need (circulating), where are the best places to get them? Also, when I finish this and need the proofs, where do I purchase these from? |
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Pillar of the Community
United States
1510 Posts |
go for pennies next  Retired USAF 1983-2003
Edited by Coinstar
02/26/2011 9:41 pm
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Moderator
United States
16679 Posts |
Welcome to the wonderful world of coin collecting ;-)
Keep us posted with your progress.
swcoin.ecrater.com
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New Member
United States
5 Posts |
To get coins that I need for my nickel collection (circulated), where are the best places to get them? Also, where do I get proof coins that I need for the nickel proof set?
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Pillar of the Community
United States
1304 Posts |
Quote:
To get coins that I need for my nickel collection (circulated), where are the best places to get them? Head to your local bank and buy some rolls. They also sell them by the box, not sure of the cost, someone will provide that answer soon. As far as the proofs, I don't collect them so I would guess at the local coin store. |
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Pillar of the Community
United States
1080 Posts |
I agree with getting the non-proof Dansco. You can later get a blank Dansco album and get blank nickel pages to put all the proofs together. I believe they look better that way, and as a starting collector, you will be able to see results more quickly. I think starting with Jeffersons is a great idea. The key dates are few, and you can make the collection as simple (circulated coins from rolls) or as complicated (BU coins, special proofs from 1994 & 1997) as you like. Then, when you're content with your Jeffersons, you can transition right into Buffalo nickels (an iconic coin with some key dates, but you can find great examples of common dates out there), then into Liberty nickels (probably one of the easiest sets to complete with a short run and only 3 keys). Best of luck! We're here to help with questions! Quote:
Head to your local bank and buy some rolls. They also sell them by the box, A nickel box is $100 (and gets you $100 worth of nickels!). You might get a box at some point, but I've had good luck asking for 5 rolls at a time. When you do that you get customer wrapped rolls that have a bigger variety. When you return the nickels you don't want, go to a DIFFERENT bank. It sometimes annoys them if you bring back 2,000 nickels after you just bought a box. A different branch is usually adequate. Edited by specksynder
02/27/2011 1:39 pm
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Pillar of the Community
United States
6326 Posts |
Your bank will "order" you a box of Nickels if you ask them. One whole box of Nickels cost $100.00. Or you can just buy single rolls at $2.00 each. It's all face value at no extra cost to you. Actually, you can pull up to almost ANY bank and ask for $50.00 to $60.00 worth of Nickels.....usually they'll give them to you. However SOME banks will ask you if you have an account with them first....is so....you just move on to another bank that doesn't care. Proofs can be found searching in "the wild", but you'll basically need to go to your local coin shop for those. These can be bought individually, or you can buy any particular years Proof Set (containing all the coins for that year). You then bust out the Proof Nickel from that Set and put it into your album. (other albums can be bought for the other coins in there too ! ... ) Edited by eaglefoot
02/27/2011 1:42 pm
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Bedrock of the Community
United States
20753 Posts |
Quote:
To get coins that I need for my nickel collection (circulated), where are the best places to get them? Also, where do I get proof coins that I need for the nickel proof set?
The Proof coins are a bit of a problem if you want only the Nickels. Many people go to the US Mints web site and purchase a Proof set each year and take out each coin for their Albums. Others go to coin shows o a coin store and buy them one at a time. That is a really expensive method though. If you can find a coin show in your area you may find a dealer with the ones you want but usually very espensive too. ebay and other coin web sites will have the individual proofs but again, buying each one separately is expensive. That is why the best thing is to just collect the Jefferson nickels with out the proofs for now. Many people have found buying an entire proof set for some years is cheaper than buying just one coin from that set. And as already noted just go to banks and buy rolls of bags of Nickels for now. |
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Moderator
United States
188877 Posts |
Quote:
The Proof coins are a bit of a problem if you want only the Nickels... Many people have found buying an entire proof set for some years is cheaper than buying just one coin from that set. The coin show this weekend had no shortage of proof singles. However, buying just two or three (say, cents, nickels, and dimes is all you collect) quickly approaches and often exceeds the prices for a full set (when considering the pre-1999 sets). The higher price is what you pay for not having to deal with the other coins in the set (if you do not collect them, you will have to sell them). I recommend that if you ever decide to buy proofs then buy the full sets; especially if you will eventually start other albums (that way, you will already have the proofs for them). |
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New Member
United States
5 Posts |
Hey everyone. Just bought my first two Dansco albums ( Jefferson nickel and Lincoln Memorial penny) from ValleyCoin. I am really excited to begin collecting and searching rolls! If I do have to go to a coin shop/buy online for the hard to find key dates for these two (Jefferson and Lincoln Memorials) to complete my album, what would the average price be for them? |
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Pillar of the Community
United States
737 Posts |
Pick up the Red Book to get acquainted with the different types of US coins,their mintage, history, how to roughly grade each coin, prices, etc. I've been working on both my Lincoln/Jefferson albums as well . I have quite a bit of extras and I'd be more than happy to send them your way. I just picked up a bunch of dates in the 60's-80's in great condition, plus my hoard of wheats. No key dates, but I don't mind helping you start out at all. Let me know. Happy hunting! Cheers! Ryan |
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Pillar of the Community
United States
1547 Posts |
Quote:Hey everyone! I am going to start collecting coins as a hobby. I think I am going to start collecting Jefferson nickels to start. First, I am going to get me a Dansco album but I do have a question, which is probably a first of many to come. I noticed that for the Jefferson nickels album and several others, it has both a proof and non-proof album. Which should I collect? The surfaces of the proofs don't stand up to the rigors of circulation as well as do the surfaces of the mint states, because, well, they weren't intended to circulate, in the first place. That's why, typically, a proof will be worth less than a mint state, at the same numerical grade. As such, it's best not to try to put together a collection of proofs from circulation. Keep the ones you might find from circulation, but understand they're going to be judged from a numerical grading standpoint more harshly for their marred surfaces than are the mint states. Whether a coin grades circulated or uncirculated, you may as well understand, right off the bat, too, is solely a function of the level of or lack thereof of wear on the face of the coin. As such, you may expect to find a good number of uncirculated coins when you roll-search. Look, good luck!  Edited by eddiespin
03/09/2011 1:58 pm
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Bedrock of the Community
United States
20753 Posts |
Quote:
(Jefferson and Lincoln Memorials) to complete my album, what would the average price be for them?
Completely impossible to tell. The prices of any coin varies from area to area, grade to grade, popularity, availability and many other factors. Also, in many cases, a lot of luck. |
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Posted 02/22/2011 7:39 pm
