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Keeping Expensive Coins Next To Much Less Expensive Ones

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enworb's Avatar
Australia
4411 Posts
 Posted 05/07/2012  09:40 am Show Profile   Bookmark this topic Add enworb to your friends list Get a Link to this Message Number of Subscribers
Poll Question
I keep all of my coins in 2x2s in album sleeves in a 2 ring binder and although its getting a little full it does the job for now. I have $500 (expensive for me, I know not for others) coins sitting next to $2 coins.

At what point (if any) should the more valuable coins be pulled from the set and kept separately. This probably doesn't apply as much to people using danscos but I suppose even then you could have holes for the key dates and slabs tucked away somewhere safer.

Should I continue having them where they fit in the sets or should I find somewhere special for coins of a certain value? Let me know what you do. The poll is deliberately very simple - it goes with my simple mind.

Poll Choices
 All in together
 Keep the more valuable coins seperate

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t360's Avatar
United States
2703 Posts
 Posted 05/07/2012  09:46 am  Show Profile   Bookmark this reply Add t360 to your friends list Get a Link to this Reply
I find there is great satisfaction in keeping all the coins together which belong together. That is part of the fun in collecting which you lose if the best coins are off somewhere else.
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jeffrose's Avatar
United States
1432 Posts
 Posted 05/07/2012  10:03 am  Show Profile   Bookmark this reply Add jeffrose to your friends list Get a Link to this Reply
with t360 - just don't let your $2 coins know you like their $500 siblings more
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Wade's Avatar
Canada
2781 Posts
 Posted 05/07/2012  10:22 am  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
all together if you like pulling them out and sorting / looking often,

over $500... especially if you have a few... in a safety deposit box
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glenzy1's Avatar
Canada
1554 Posts
 Posted 05/07/2012  11:10 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
Hello Enworb, I've been collecting close to 15 years now (Canadian coins only) and have accumulated appr. 600 coins. I've actually rotated (upgraded) my entire Collection three times since I've started.
I find the better coins I acquire and the nicer my overall collection gets, I don't care anymore to have low grade or much less expensive coins with the bulk of my collection. When viewing the entire collection, I have no joy or pleasure to view the cheaper coins. As a result, I've been selling off (or trading 'em) my less expensive and more commonly acquired coins. This way I may not have a "lot of coins", but I find quality overall is more fun to PLAY with than quantity!

Glenn
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svslav's Avatar
United States
2605 Posts
 Posted 05/07/2012  11:10 am  Show Profile   Bookmark this reply Add svslav to your friends list Get a Link to this Reply
The only reason I'd put a coin "out of place" in my 2x2-three-ring-binder display is either its size (too big to fit into a 2x2) or its shape (like an elongated cent I mean kwacha)

Keeping-Expensive-Coins-Next-To-Much-Less-Expensive-Ones
Bedrock of the Community
United States
20753 Posts
 Posted 05/07/2012  11:36 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I have no separation in coins due to grade, expense, value, etc. Almost all go into Albums regardless of anything. All duplicates go into 2x2's and then into those 2 row Whitman boxes and again, only by denomination and date, no separation for anything else.
If you really think about it such a separation could drive you nuts. Where would you start such a separation. I guess you could start with all coins worth over $10. Then again all coins over $100, then $200 and on and on and on. Then it would get rediculous as coin prices changed since you would have to start moving them as the prices changed.
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SaintRidley's Avatar
United States
592 Posts
 Posted 05/07/2012  11:48 am  Show Profile   Bookmark this reply Add SaintRidley to your friends list Get a Link to this Reply
I have an old Avon box I keep my collection in (with bags, folders, and smaller boxes inside). I just ran out of room in the box to add new things, so now I have to get a new box to put future coins in.

But no, I don't separate out the valuables. For one, because I only have one. For two, because then they'd be lonely without all the other coins around.
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enworb's Avatar
Australia
4411 Posts
 Posted 05/07/2012  11:50 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
The way I have arranged my collection has changed quite a bit and a couple times I have removed the expensive ones and put them separately. I currently have all my coins in amongst each other with no separation due to value and I think I will leave it this way for now. As others seem to be thinking they belong with their brothers and sisters but if need be deciding which ones can be classed as expensive is a whole problem in itself.
Edited by enworb
05/07/2012 11:50 am
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jbuck's Avatar
United States
188213 Posts
 Posted 05/07/2012  12:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Keep them altogether.

I build sets, so obviously I want to keep them together. I do not want to look at a hole or a asterisk that says "This high dollar coin is kept over there."
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DVCollector's Avatar
United States
10045 Posts
 Posted 05/07/2012  12:37 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
over $500... especially if you have a few... in a safety deposit box
I do this too, because some higher-end coins I won't chance to damage/loss/theft. I lock up the coins, and keep good photos to catalogue and study.
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matthewvincent's Avatar
United States
3486 Posts
 Posted 05/07/2012  1:48 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
I just paid over one thousand dollars for two Liberty nickels.
An 1886 and a 1912-S.
They were raw, so I put them in my Dansco.
THREE different dealers agreed with me: crack the plastic
and put my 1885 in the album as well.
All 33 living together in peace and harmony.
But then again, it is only a circulated set -- VF and above.
I won't vote, as I am loath to do the same with my Barber dimes.
I am split: one set I use the album and another set I live with plastic and cardboard.
I would not dream of suggesting that anyone else do the same as I do.

Edited by matthewvincent
05/07/2012 1:59 pm
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ArrowsAndRays's Avatar
United States
1656 Posts
 Posted 05/07/2012  1:50 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
I have my LWC set in an album, coins I paid 50 cents for next to coins I paid hundreds for next to coins I found in circulation. They look happy together.
Edited by ArrowsAndRays
05/07/2012 1:53 pm
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allranger's Avatar
United States
1391 Posts
 Posted 05/07/2012  1:52 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
I have a simple solution: I just don't* buy expensive coins! Then I don't have to worry about all these problems that you guys seem to have.

*can't :-)
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Russian Federation
5172 Posts
 Posted 05/07/2012  2:38 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply

Quote:
I have a simple solution: I just don't* buy expensive coins! Then I don't have to worry about all these problems that you guys seem to have.

*can't :-)


Just wanted to say that I do the same as well

Well, not exactly. The most I've paid for a single coin was around $50; it (just like all but maybe two or three of other coins I've paid more than $20 for) has its own 2x2 holder, so of course it sits individually (I don't yet have albums that can hold 2x2s).
I still don't have much of a problem with having a 1899 silver half crown worth $20+ sit in the same album page as a rusty 1971 penny (fun fact: I've since misplaced that particular page, as well as another one with several German pieces, and now don't have my $20+ coins in albums anymore).
...Oh, and my Canadian British Columbia 1958 silver dollar also has its own place despite not being in a 2x2. The reason? It's in AU+ condition, and I don't want it hitting any other coins
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jbuck's Avatar
United States
188213 Posts
 Posted 05/07/2012  2:57 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
THREE different dealers agreed with me: crack the plastic and put my 1885 in the album as well.
I am not a dealer, but add me to the list of those who say you should crack it out.

Quote:
All 33 living together in peace and harmony.
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