A Late Collector Restarting His Collection Question

I also came back to coin collecting pretty late (after I retired) and started my collection up in the following manner:

Went after the new coins that I could collect through culling from active circulating coins. I just completed a circulating dime collection from 1965 through present (no SF mintmark) and it is up to date with the exception for a two dimes (2009 and 2010) and I was also able to get a few silver dimes while I was at it. I also started a ATB collection and a State Quarter collection (which I finished). Finished a Jefferson nickel collection that I started years ago and am working on my penny collection (started a collection for the new shield pennies.

If you are serious about starting in the collecting game anew, I'd really start with the new series (coins that you can pick up while the coins are fresh and easy to get. You can also pick up some fairly nice coins if you do roll searches.

Trying to get a collection of Morgan and Peace dollars can get rather pricey depending on what you expectations are.

Take a look at collecting the Susan B Anthony or the Sacajewa dollar coins. You can pick up nice coins by doing roll searches. The same can be true for the new Presidential dollars.

When I started back into collecting I put off getting an album until I had a better than average start on by new collections and hung mostly with roll searches. Better coins will come, but like anything else buy what you enjoy and the best that you can afford. Upgrades will happen over time. If you start off looking for the best only, you'll end up spending a small fortune and become very discouraged. This is supposed to be fun and enjoyable.

Good coins can be purchased through the mint by buying their annual sets and splitting out what you want. Determine what you budget can afford and by all means stick with it.

Welcome back to collecting. I never regretted comming back to the game. Stay tuned to this station and you'll get an education on coins.

Above all, determing where you're interests predominantly lie and keep going in that direction.

Welcome....................

While building a Morgan set take a few minutes to check the approximate coin values at numismedia.com. Cross check that with ebay completed sales and you will find the key and semi key date current prices. Some of them are in a soft market and good prices for quality coins can be had. Common dates are always available at current melt values plus a reasonable premium. nlp

For a set to hand down to your son the 7070 to me would be the choice. With every coin different there is so much to admire than a series set where they are all the same excepting the date and mint mark. Morgans are nice but unless you are going for a date set the complete set is unattainable for the average collector. As far as time frame that is up to you on how picky you are on your choices and the availability to pick and choose.