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How To Begin A Coin Collection?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 19 / Views: 2,187Next Topic Page 2 of 2
Pillar of the Community
United States
659 Posts
 Posted 09/24/2011  6:30 pm  Show Profile   Bookmark this reply Add penny man to your friends list
wow, 2 posts just while I was putting mine together.
New Member
United Kingdom
17 Posts
 Posted 09/24/2011  6:30 pm  Show Profile   Bookmark this reply Add DJMonty to your friends list
Thanks, Penny Man. How would I go about buying coins from a bank? Do they offer that in the UK?
Pillar of the Community
United States
842 Posts
 Posted 09/24/2011  6:35 pm  Show Profile   Bookmark this reply Add ancientcoinguy to your friends list
For non-ancients and non-bullion type coins there are hardly and fakes at all, unless the coin in question is very rare (such as an 1856 Indian Head cent). Normally you can tell just by looking at it. If it looks odd, it probably is. Also, if a coin is priced much lower than it should be it could be fake. There were fake silver dollars on ebay a while back that were selling way under the silver spot price at the time. This is a red flag. Other posters could help out more on the subject I imagine.

Don't worry about fakes just yet! If you are in the U.S. I suggest starting small. Try filling up a LWC or LMC album. They are cheap and rewarding to complete.
New Member
United Kingdom
17 Posts
 Posted 09/24/2011  6:36 pm  Show Profile   Bookmark this reply Add DJMonty to your friends list
I'm afraid I'm not in the US, I live in England. What albums are available for me to complete here?
Pillar of the Community
United States
659 Posts
 Posted 09/24/2011  6:40 pm  Show Profile   Bookmark this reply Add penny man to your friends list

Quote:
Thanks, Penny Man. How would I go about buying coins from a bank? Do they offer that in the UK?

I don't know. It wouldn't hurt to go into a bank and ask to buy some coins, the worst they can do is say no.
New Member
United Kingdom
17 Posts
 Posted 09/24/2011  6:42 pm  Show Profile   Bookmark this reply Add DJMonty to your friends list
Okay, thanks Penny Man. I'll go into the nearest bank after school on Monday and ask.
Pillar of the Community
United States
659 Posts
 Posted 09/24/2011  6:44 pm  Show Profile   Bookmark this reply Add penny man to your friends list
try to get one of every date of whatever the lowest denomination is in England.
New Member
United Kingdom
17 Posts
 Posted 09/24/2011  6:44 pm  Show Profile   Bookmark this reply Add DJMonty to your friends list
We have pennies here. 1 Penny is 1/100th of 1 Pound, like a Cent is to your Dollar.

EDIT: What is a 'Proof' coin?
Edited by DJMonty
09/24/2011 6:46 pm
Pillar of the Community
United States
842 Posts
 Posted 09/24/2011  6:52 pm  Show Profile   Bookmark this reply Add ancientcoinguy to your friends list
Unfortunately I do not know. Try asking around in the United Kingdom Coin Forum http://www.coincommunity.com/forum/...?FORUM_ID=36. The guys there should be able to help.
Pillar of the Community
United States
659 Posts
 Posted 09/24/2011  6:58 pm  Show Profile   Bookmark this reply Add penny man to your friends list
a proof is a coin made especially for collectors, usually with a mirror-like finish.
Valued Member
United Kingdom
66 Posts
 Posted 09/24/2011  7:03 pm  Show Profile   Bookmark this reply Add startabe to your friends list
Where are you in englaqnd?
Valued Member
United Kingdom
66 Posts
 Posted 09/24/2011  7:09 pm  Show Profile   Bookmark this reply Add startabe to your friends list
Dj go into your bank and ask them for a withdrawall of loose change bags and you'll get a load that way but are you only intrested in british coins and are you near the midlands?
New Member
United Kingdom
17 Posts
 Posted 09/24/2011  7:28 pm  Show Profile   Bookmark this reply Add DJMonty to your friends list
I'm not too far from the midlands, I live in Hertfordshire. British coins are what I'm going for now, I'm hoping to expand to foreign coins once I complete my British collection.

I just sorted out a loose change jar, and I have a copy of a British penny from every year except 1972 (proof only), 1973, 1975, 1976, 1977, 1982, 1983, 1984, 1985, 1987, and 1989.
Valued Member
United Kingdom
66 Posts
 Posted 09/24/2011  7:40 pm  Show Profile   Bookmark this reply Add startabe to your friends list
DJMonty your in luck in brum there is a coin collectors fair at the motor bike museum and if you can get to a carboot you can buy them from there too and there are several antiques but I have loads of spare coins so if you do come this way let me know and I'm happy to swap with you if you send me a list of what you want I'll keep my eyes out for them
Bedrock of the Community
Australia
21788 Posts
 Posted 09/24/2011  8:57 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
DJMonty: Welcome to the CCF!

You have joined a numismatic family that has an international basis.

British coins occupy an integral part of Australian numismatic history, when they were the only official circulating coinage in Australia from 1825 until 1910. I am looking at building a representative type set of all denominations from this period that circulated in Australia, and I thus share some of your interests.

As you can see from previous posts, there always people who are always willing to help.

Oh, yes! I have lived for a couple of years in the 'Old Dart' myself.
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