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 Replies: 55 / Views: 5,139 |
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New Member
Canada
42 Posts |
I started coin collecting a while for now and I unfortunately have a budget. My monthly pay for Newspaper delivery (I'm a teen)is $20. I'm just wondering what you guys would get. I need suggestions. Thanks!
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Pillar of the Community
Canada
1411 Posts |
 to CCF from another YN! I have the same budget due to the same reasons... I normally buy coins out of my dealers assorted Canadian and US coin bins. Of course, buy what you like to collect! |
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Moderator
 United States
16679 Posts |
Please share when you pick it up  swcoin.ecrater.com
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New Member
 Canada
42 Posts |
Problem is, I don't know what to pick up =(
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Bedrock of the Community
Australia
21788 Posts |
This would be a fun exercise for me
My local friendly dealer has a range of junk boxes, the highest priced one being the $20. Typically, this box may have 50 coins covering the whole of numismatics in it.
Since I collect almost anything numismatic, that is where I would go.
Or look at the 2 x $10's, or the 4 x $5's!
Over the last 20 years or so, I have picked up some nice cheaper ancients, hammered, and milled European, Mughal and South American colonial coins, in this way.
Each purchase made in this way usually comes with the challenge to fully attribute them.
As most of us hopeless numismatics know, coins from junk boxes are rarely the best examples for their type, but if you are an experienced picker, you can always get some excellent value for money coins.
Reminds me of the
American Pickers show on TV, only I don't try to re sell anything that I buy! In the area of numismatics, I have been doing this sort of thing almost as long as those guys have!
Edited by sel_69l
09/19/2012 8:21 pm
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Pillar of the Community
Canada
1700 Posts |
After all, I would NOT recommend coins from the mint website. I am also young and I have never ordered anything from the mint with the exception of circulation packs. Visit the coins and canada website for trends. I would not recommend ebay. Try to find a MS Condition 1991 Quarter. It;s something that I am also looking at. Edited by Petersun
09/19/2012 8:17 pm
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New Member
Canada
42 Posts |
Any ideas for individual coins? My coin dealer doesn't have a junk bin XD
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Pillar of the Community
Canada
1700 Posts |
I started collecting seriously at about last year.
You should go to a local dealr where you can see and look at what you want.
During this year, I have analysed and written this list to help myself choose the coins I want:
-- The coin should meaningful and may be passed down after several decades
-- The trend still has room the grow (I mean circulation coins. The amount of other commermoratives do not increase nor decrease unless the mint wants to melt them)
-- The buying price is fair
-- Not something you could find while roll-hunting
-- The grade should be descent
-- Perhaps a low mintage, especially circulation coins
-- Silver (Sometimes you can get silver halves from banks in the US. You just have to search.)
Very important. When I first started collection, I always aimed to spend all the money in my coin collecting budget in a hurry. You should not. You have a budget, you don't have a special aim, don't rush to spend your money. Wait until your experience is adequate and you've chosen something you really desire.
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Bedrock of the Community
Australia
21788 Posts |
If your dealer does not have junk boxes, the same approach can still be used at coin shows, on the 'Net, or in a dealer's shop. Just take the time to examine all of the stock that is on offer.
You just need to go with an open mind, and concentrate on the area of numismatics that interests you.
Oh, and yes! Stay within your budget limit!
Like the Gambler, you have to know when to hold 'em and when to fold 'em!
The will be plenty of time for countin', when the dealing 's done.
Decades later!
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Pillar of the Community
 Canada
9866 Posts |
Buy a copy of Charlton's if you haven't already.
"Dipping" is not considered cleaning...
-from PCGS website
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New Member
Canada
42 Posts |
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Pillar of the Community
Canada
627 Posts |
Why don't you invest it into the silver boom. Specifically "junk" silver. Let me clarify. You can buy pre-1967 silver dimes and quarters for the silver content. Right now that would be $2 for a silver dime and $5 for a silver quarter. You can actually get some MS coins for theses prices (mid-60s). As the price of silver rises, so does your collection. This will also get your feet wet in looking for different dates. Just my 2 cents worth
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New Member
Canada
42 Posts |
That's what I've sort of done, except I save for 2 months and buy the silver maples for $35. You guys know any cheaper alternitves?
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Pillar of the Community
Canada
1700 Posts |
Chinesehorse, The Maple Leaf is only 1/2 ounce of silver. I remember that several months ago, there was a one ounce silver moose sold at its melt value. It was cheap and the design was collectible. http://www.mint.ca/store/coin/maple...-prod1300005It's $39.95 It doesn't matter to me if it's cheap. I ask myself if it's worth it. A long as you like the design or if you want to invest, take it. The mint charges shipping and owns a poor customer service, and you should buy from a dealer if you really want it. Remember what I said: you don't have to spend the money in a hurry. Ask and start a new topic here and we will put in our opinions. You could also spend your money on secondary reinforcements other than coins. |
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Pillar of the Community
Canada
3167 Posts |
It depends if you are buying it cause you like it, or if it will go up in value soon.
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Pillar of the Community
Canada
1411 Posts |
@Petersun
The Silver Maple is a full oz of silver...(weighs to make sure) Yea it's 1 ounce.
It's a bullion coin that is different than the Maple Leaf Forever.
@ Chinesehorse
Just ask your dealer if he has any junk silver coins. I could easily pick up silver when I wanted to because I asked that once.
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Replies: 55 / Views: 5,139 |
Posted 09/19/2012 7:27 pm
