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I Would Love Your Advice

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Author Previous TopicReplies: 13 / Views: 2,064Next Topic  
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Silvers's Avatar
Australia
6 Posts
 Posted 02/27/2012  10:53 pm Show Profile   Bookmark this topic Add Silvers to your friends list Get a Link to this Message Number of Subscribers
Hello,
I'm new to collecting coins and really need some guidance with the different types of coins grades/bullions etc....what's worth more, n what to collect.
Is there a book out there you recommend ?
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goatieman23's Avatar
Australia
869 Posts
 Posted 02/27/2012  11:03 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
There's so much to know. Read the Australasian Coin & Banknote Magazine. It's a monthy publication that you might find at your local newsagent. The current cover is:
I-Would-Love-Your-Advice
I know there was a post on the magazine recently, so have a read of this & it might help get you started.
https://goccf.com/t/112006
You can also read this forum, there is some great tips on what coins to look for in ordinary change.
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AaronG's Avatar
Australia
518 Posts
 Posted 02/27/2012  11:05 pm  Show Profile   Bookmark this reply Add AaronG to your friends list Get a Link to this Reply
Go to your local coin shop and purchase Greg McDonalds 2012 book, and trust me, read it from start to end, best thing I ever did.
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goatieman23's Avatar
Australia
869 Posts
 Posted 02/27/2012  11:26 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
Very true too. Aarong's always full of good advice.
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FNQ's Avatar
Australia
507 Posts
 Posted 02/28/2012  12:48 am  Show Profile   Bookmark this reply Add FNQ to your friends list Get a Link to this Reply
It depends on whether you are looking to collect coins as an interest/hobby, an investment, or a little bit of both, as that will most likely influence your direction.

As aarong has pointed out, the McDonalds pocket guide would be an excellent place to start, giving you an idea of what is out there and what to expect, along with a lot of useful reference information.
Valued Member
In2Fish2's Avatar
Australia
124 Posts
 Posted 02/28/2012  12:59 am  Show Profile   Bookmark this reply Add In2Fish2 to your friends list Get a Link to this Reply
to CCF.

The best advice I could give you is to read this forum as often as you can and buy Greg McDonalds book, (Costs $35 for the soft cover).

McDonalds book generally overprices coins and notes so to get a better approximation I check what they are going for on ebay. If you are going to buy via this site don't make impulse bids. Monitor what similar coins or notes you are interested in are going for so you are better aware of the current market price. Hope this helps.
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 02/28/2012  01:34 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
ditto the above, but I am of the opinion that renniks is the better book.
That said, I have both Renniks & Maccas.
The most important decision is: what, exactly, do you want to collect ?
And, you ought not buy anything until until you've researched it.

Welcome to CCF !
Valued Member
Australia
318 Posts
 Posted 02/28/2012  02:04 am  Show Profile   Bookmark this reply Add CoinManTim to your friends list Get a Link to this Reply
I have my foot in the Renniks corner too.
At least for the last few years, though noticed very little difference between the last 2 editions, so may go Maccas next year, then back to Renniks the year after.
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erkle's Avatar
1119 Posts
 Posted 02/28/2012  02:05 am  Show Profile   Bookmark this reply Add erkle to your friends list Get a Link to this Reply
if in doubt dont buy, search completed listings on ebay to get a price check. hunt around the different ebay sites for bargains, india has some cheap silver coins but most wont ship here, the uk site seems to be the best value to sell aussie coins I found out today. and only spend cash dont go into debt to buy a coin or 10.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 02/28/2012  03:49 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
, Silvers!
New Member
Silvers's Avatar
Australia
6 Posts
 Posted 02/28/2012  05:27 am  Show Profile   Bookmark this reply Add Silvers to your friends list Get a Link to this Reply
Awesome guys, thanks for the info....I'll go hunt down one of those books and check out the mag too.
The $$$$$ got my attention, so yes collecting to invest!

;)
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Australia
841 Posts
 Posted 02/28/2012  05:35 am  Show Profile   Bookmark this reply Add Ausjack to your friends list Get a Link to this Reply
you can also try your local library
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wwwww's Avatar
Australia
541 Posts
 Posted 02/28/2012  05:49 am  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply
If you're talking about Australian coins, try: http://www.bluesheet.com.au/ . Graded valuations require a subscription but the articles, listings, and average circulated valuations are available free.
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FNQ's Avatar
Australia
507 Posts
 Posted 02/28/2012  10:08 am  Show Profile   Bookmark this reply Add FNQ to your friends list Get a Link to this Reply
I do find the Blue Sheet site to be a useful resource for mintages and bullion value on the go.

@gman Thanks for posting the cover! Saves me a trip to hunt down a newsagent with a copy to find out what's in it this month
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