| Author |
 Replies: 17 / Views: 3,766 |
|
Pillar of the Community
1119 Posts |
|
|
|
|
Valued Member
Australia
318 Posts |
Buying cheap singles is nice Erkle; I've certainly been down that road.
Best advice have since received:
Do not buy cheap singles, it is better to buy fewer coins, but more expensive ones. This is especially true for pre-decimal coins because the collector market will push the higher grade coins whereas the 'bargain' 99c coins will always be for fish.
=
Better to buy 1 coin for $200 than 200 coins for $1 each.
But then again, it's your collection, collect how you see fit ;)
|
|
Pillar of the Community
Australia
7096 Posts |
First of all  Buy whatever you like but don't spend too much in the beginning. Once you decide which coins you want to collect do a bit of research (It will save you a heap of $$$ in the end). Coins are like a drug but they won't kill you and I recon they are a lot more fun than getting off your face and they are legal.  |
|
Pillar of the Community
Australia
2830 Posts |
the most important thing, in my opinion, is to set yourself a goal, or several goals.
You can't collect "everything", so you're well-advised to decide what you're most interested in, and go for that.
And along your journey, read any book, magazine, or forum, on your topic, that you can find.
Your knowledge will make your collection more interesting, and more special, and more satisfying.
"buy the book, before you buy the coin" is good advice.
|
|
Pillar of the Community
 1119 Posts |
thanks for the info. not a rich person so will most likely be looking for coins I can get a return from to keep the hobby going. and keeping a few for the kids, this started from buying a replacement coin, which I'm was told to keep it as its way better than the lost coin it was meant to replace.
the 2 proof coins above all showed to be worth about double what I paid from my searches before buying, but I could be wrong lol
|
|
Valued Member
Australia
465 Posts |
Addiction is good. Stimulates the brain. Harnessing this is tricky. You need a goal.
Do you have a plan? Mine started out as collecting each Australian coin in circulation. Then turned to the error / mint location. This lead me to my local coin shop... From there I have discovered no bounds and I have expanded from here to every coin in the world in circulation in my birth year.
|
|
Valued Member
Australia
465 Posts |
You do not have to be rich to collect. Have you heard of noddling?
|
|
Pillar of the Community
1119 Posts |
since I joined this site I have learnt about noodling, went through the money box and found about 5 coins with small mintages compared to most years. thinking about giving it a go this week if I have a spare $20 is going on 5 cent pieces.
|
|
Pillar of the Community
Canada
1471 Posts |
Perhaps you have OCCCD?
Obsessive Compulsive Coin Collecting Disorder. If you were a Canuck we could throw another "C" in the mix.
|
|
Bedrock of the Community
United States
10034 Posts |
@Zonad Good One!  |
|
Pillar of the Community
United States
1064 Posts |
I like to think of it as a mild obsession; addiction sounds so harsh, like smoking or gambling.  |
|
Pillar of the Community
United States
7840 Posts |
Edited by oih82w8
11/20/2011 11:36 am
|
|
Pillar of the Community
Australia
2830 Posts |
Dr Phil says that as long as we don't break the law, or jeopardize our relationships, we collectors have a fetish, rather than an addiction. I like Dr Phil ... he understands us.
Erkle: "... started out as collecting each Australian coin in circulation" - that's fine. But you might consider whether you want those silly NCLT. I stick to circulation coins, but that's a personal choice.
|
|
Pillar of the Community
1119 Posts |
NCLT? non circulation? light? laptop?, please be gently with all these strange terms I'm still learning lol
|
|
Formerly nancyc
Australia
5385 Posts |
Quote:
NCLT Non Circulating Legal Tender life is a mystery to be lived not a problem to be solved
|
|
Valued Member
Australia
465 Posts |
I have been ignoring the NCLT. Does not interest me. Enough to collect in the world without having to collect the things that are only issued for collectors!
|
| |
Replies: 17 / Views: 3,766 |
feedback please I'm a newb to all this coin stuff
Posted 11/20/2011 03:44 am
