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New-Ish To Collecting

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YoungNumismatist's Avatar
United States
360 Posts
 Posted 10/02/2012  6:44 pm Show Profile   Bookmark this topic Add YoungNumismatist to your friends list Get a Link to this Message Number of Subscribers
I have never bought boxes or rolls, but I have bought $20 in quarters from my parents. So, to get to my question, how do I go about buying rolls or boxes from the bank? What kind are good for a 15 year old with a limited budget? Thank you all for your input and advice.
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Owassokie's Avatar
United States
622 Posts
 Posted 10/02/2012  7:07 pm  Show Profile   Bookmark this reply Add Owassokie to your friends list Get a Link to this Reply
I'm glad you decided to join us. We'd need a lot more information to give you specifics. Do you have access to multiple banks? How many? How much is your limited budget? What kind of opportunities do you have to increase your budget?

This isn't a business but I like to approach it like a business at least until you have the necessary bankroll. My general suggestion would be to start in nickels or dimes. When you get a few pieces of silver, sell it to increase your bank roll for searching. And remember when you go to the bank to buy coin, your not spending money. You're exchanging dollars for coins. When your done looking at the coins your going to take them to another bank and turn it back in to dollars. So don't be afraid to use your savings, or even ask your parents if they'll let you borrow a little until your able to get your own bank roll. I'm not recommending cents because they aren't as easy to turn in to cash. They take more time to sell and are limited to the numismatic audience.

Now if all that sound like to much trouble...just go buy some cents or nickels and have fun.

OO
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YoungNumismatist's Avatar
United States
360 Posts
 Posted 10/02/2012  7:34 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
I have acces to one bank. My budget is actual about less than $50. That is also why I was thinking rolls, so I can buy higher denomination coins.
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Windchild's Avatar
Canada
1411 Posts
 Posted 10/03/2012  12:23 am  Show Profile   Bookmark this reply Add Windchild to your friends list Get a Link to this Reply
to CCF from anothor Young Numismatist!!
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Rupre07's Avatar
United States
176 Posts
 Posted 10/03/2012  08:42 am  Show Profile   Bookmark this reply Add Rupre07 to your friends list Get a Link to this Reply
You should start by getting a job Makes collecting alot more affordable, so then you wont have to roll search, unless that's your thing of course. I just turned 16 myself so I know how you feel about the budget being limited.
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jbuck's Avatar
United States
189340 Posts
 Posted 10/03/2012  12:59 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

There is plenty of time for big budgets in the future. For now, enjoy to the fullest what you can do within your means.
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YoungNumismatist's Avatar
United States
360 Posts
 Posted 10/03/2012  5:06 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
Thanks for welcomes. So far I haven't really roll searched, but I do have a starting collection going. I have two Buffalos: 1937 VG-8 and 1929 G-4. One Indian Head: 1907 G-4. Three Liberty Heads: 1905 G-4, 1902 AG-3, and 1901 F-12. Three 1934 Steelies: VF-30, EF-35, AU-50. I also have a couple bicentennial sets and a ton of foreign coins.
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jbuck's Avatar
United States
189340 Posts
 Posted 10/03/2012  6:50 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
You are off to a great start!

The foreign coins can be a lot of fun. One of these days I am going to try to spend some more time with the dark side (when I get my US Dansco albums done).
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YoungNumismatist's Avatar
United States
360 Posts
 Posted 10/04/2012  8:48 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
I am new so...Dark Side?
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Broseph's Avatar
United States
979 Posts
 Posted 10/04/2012  9:05 pm  Show Profile   Bookmark this reply Add Broseph to your friends list Get a Link to this Reply
Get a job as a cashier. You will make money for your hobby and just let your manager's know when you find a good coin/bill and have them observe the swap! I have gotten a few silvers this way, as well as a some good serial numbers like a binary not (bill collecting is odd, something like 11919191 can be worth a premium)
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YoungNumismatist's Avatar
United States
360 Posts
 Posted 10/04/2012  9:09 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
I was actually thinking that, but the job I have lined up when I turn 16 is a stock boy. I will still ask the manager (I know her) if I can look through the coins and currency and trade with what I find.
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jbuck's Avatar
United States
189340 Posts
 Posted 10/05/2012  10:40 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I am new so...Dark Side?


Quote:
Darkside
Coin forum slang for "foreign". The term derives from the observation that the stereotypical American coin collector focuses only on American coins and knows more about the darkside of the Moon than they know about foreign coins. Coins that you're likely to find in change (like Canadian coins in the US) are sometimes called "greyside" - not quite as "dark".

Here are a few discussions...

https://goccf.com/t/60320
https://goccf.com/t/61069
https://goccf.com/t/107928
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Pertinax's Avatar
United Kingdom
2134 Posts
 Posted 10/05/2012  1:42 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
Well, I find that jargon astonishing.

The few American numismatists that I've met (in Europe and in the US) have been avid collectors of world coins and knowledgeable about them.

In contrast, most of the British collectors that I've met seem to collect either British or ancient and/or medieval coins.

I was interested in foreign coins from an early age because my dad often went abroad to conferences always with a bit of loose change of the country with him. It inculcated an interest in geography and foreign languages.
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jbuck's Avatar
United States
189340 Posts
 Posted 10/05/2012  4:31 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I have an interest in foreign coins, but I have really neglected it for a while now. Most of it has come from friends and family who have traveled abroad, but a significant portion came from my mother, who used to buy me these "Coins of the World" grab bags when I was a kid. For some reason, I think they came from Sears.
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YoungNumismatist's Avatar
United States
360 Posts
 Posted 10/05/2012  5:06 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
Thank you jbuck. I only started to collect them because I am new and my mom had this bag of foreign coins. Lets just say that those are what kicked me off the ground when it came to collecting.
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jbuck's Avatar
United States
189340 Posts
 Posted 10/05/2012  6:48 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
We should be very thankful for our parents.

My mother did a lot to support me in this hobby when I was a kid. She would buy me books, magazines, folders, and miscellaneous coin. She frequently took me to the bank and the coin shop. Also, both of my parents were very gracious in allowing me to sort though their change on a regular basis.

Of course, there are the two Eisenhower dollars that my father gave me, which was the spark that started it all.
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