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 Replies: 43 / Views: 4,521 |
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Pillar of the Community
United States
5825 Posts |
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What is your favorite coin(s) to collect under this forum? Right now it's Draped Bust Half Cents by variety. I won't be able to get them all since about one-third of them are over my normal budget. Quote:
Do you consider any of them investments with cost in mind? One of my favorite comments. "Do you know how to make $1 million from investing in coins? Start with $2 million." Quote:
Many here (including myself) are "type set" collectors, ... This includes me but I've pretty much completed it as far as I can afford. I don't have a Draped Bust, Small Eagle Reverse quarter. And I don't have a Draped Bust, Small Eagle Reverse half dollar. A quick look at the Red Book will show you why. And there are a couple of types missing that I don't collect. I don't collect proofs so I don't have a Stella ($4 gold). Anyway it's WAY too pricey. Same thing with a Gobrecht dollar. I also don't collect pre-US Mint coins (Colonials, etc.) My type set is essentially 1793 through 1964 (I stopped when silver stopped.) |
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Valued Member
United States
309 Posts |
One of my favorites is leeuwendaalders from the Low Countries. Collect them as a "type set" by Province, Imperial City, and major design differences such as which side holds the date and which way the cavalier is looking. Dates run from 1575 to about 1711. For a more challenging set add in Half leeuwendaalders of 24 Stuivers, all of which are uncommon. These were world trade coins of the Dutch Protestants that circulated all over the world including in New Amsterdam before it was captured by the English to become New York. They hold a surprising amount of history.
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Pillar of the Community
United States
4233 Posts |
In recent years I've collected most of the less common transition varieties of Barber dimes (1899-1905), as well as the first and last years they appeared. More recently I'm doing the same with Barber quarters. I enjoy the research and the discoveries more than the coins I suppose. Years ago I was trying for all the George VI Canadian silver coins, have a bunch of them but never finished and lost interest. I make purchases with disposable income and have never considered it an investment, nor have I ever sold a coin. Free money for my children or grandchildren if they decide to sell them, same as it was for me when I got grandpa's coins. |
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Pillar of the Community
United States
3343 Posts |
The next one.....
And over 50 years that means a little bit of everything. The most satisfying long term are the early San Francisco and Carson City coins of every type.
Are they an investment? I suppose, but that's for the heirs to sort out. I sorted out my dad's coins. They were worth something but not more than 0.2% of his estate.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
06/07/2022 6:57 pm
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Valued Member
United States
357 Posts |
I collect these mostly for my type set. However, I also collect large cents. They're not the best quality, but I've always been a fan of cents in general. I have a Lincoln and Indian Head collection, so decided to also get into some of the earlier large cents.
Personally, I don't look at collecting as an investment. I love the history and beauty of it, and collect for fun. But it's good to know that eventually someday, my collection should be worth more than I paid for it all.
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Pillar of the Community
United States
1316 Posts |
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I collect these mostly for my type set. However, I also collect large cents. They're not the best quality, but I've always been a fan of cents in general. I have a Lincoln and Indian Head collection, so decided to also get into some of the earlier large cents. I hear you on those early large cents. I too have a type set of my own vibe going on, but there is just something about large cents. I'm working in a date set of the liberty cap and draped bust. Most are in P01-G4, so nothing the necessarily brag about, but I will feel oddly very accomplished whenever I get there. My first was as a teenage in about 1998. Lol. It really been a long haul. My type set also has a bunch of 1882 Indian cents; hoping to find all the Snow varieties and occasional littler error. |
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Moderator
 Australia
16832 Posts |
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What is your favorite coin(s) to collect under this forum? I assume by "this forum" the OP means the US Classics subforum, where this thread was posted. On reviewing the list of US coin types that qualify as "classic", I have to say my "favourite" is the Two Cent Piece. Nice simple design, gets the job done without getting too "wordy" or overcluttered with mottoes. I own an entire two of them, so I can't really call it a "favourite" in terms of sheer numbers collected. That honour goes to Buffalo nickels. Quote:
Do you consider any of them investments with cost in mind? My coins are not "investments". I do not buy coins with the intent to sell them later for profit. I tend to stay away from the coins that lots of people consider to be "investments", simply because I can't afford them. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
3650 Posts |
While I have very diverse collecting interests, I'm primarily a U.S. type collector. The only complete set I've built is the classic silver commemoratives, which are a bit of a passion for me. I never buy coins as an investment. When I occasionally sell coins, it's because it's an area I've lost interest in or coins I've upgraded. The bulk of my collection will be something my kids will have to decide what to do with when I'm gone! Within the U.S. classic coins, my favorites are probably Buffalo nickels and any of the flowing hair or draped bust silver coins. Of course, if you ask me again in a month I may say something different, as I truly love them all!  Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188Edited by hokiefan_82
06/08/2022 01:27 am
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Valued Member
United States
357 Posts |
@Collects82, mine are also in about the same quality. Good luck with your Liberty Cap and Draped Bust set. I started in the opposite direction, getting the Matron Head and Braided Hair designs and working my way backwards. Hopefully one day I'll get there.
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New Member
United States
45 Posts |
I started collecting again and now I mainly go for silver. I added a Morgan, many pre-65 silver Washington proofs, a post-65 Washington silver proof, a couple post-65 silver Roosevelt proofs, and a couple random junk silver halves.
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Pillar of the Community
United States
752 Posts |
I am a type collector too, but dimes are my favorite denomination, and I especially love Draped Bust dimes. They are very scarce, very representative of their era, and seem relatively unpopular to collect (compared to the ones in larger denominations).
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Pillar of the Community
United States
3402 Posts |
My next sub-topic collecting foray will be US SBA's...Susan B. Anthony Dollars...a long neglected and dismissed coin...going for a nice complete collection of all varieties/errors... darn those clumsy IKEs!!!! KK |
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Bedrock of the Community
United States
36770 Posts |
Collecting and investing are two different things. Collect something you like, not for profit.
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Bedrock of the Community
United States
20753 Posts |
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Moderator
United States
188770 Posts |
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Collecting and investing are two different things. Collect something you like, not for profit.  |
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Replies: 43 / Views: 4,521 |
First Page
Posted 06/07/2022 10:40 am
