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Im Looking For Suggestions On Older Coin Collecting

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Stylez's Avatar
United States
131 Posts
 Posted 09/02/2013  04:25 am Show Profile   Bookmark this topic Add Stylez to your friends list Get a Link to this Message Number of Subscribers
I am wanting to break into the older coins and am looking for a inexpensive set to put together... I had started Morgan collection but the coins got too too expensive for continue buying...

I traded that collection for silver bullion... now I would like to find something else to collect pre-1900 that wont break the bank and has a good number of them in proof as well.. I know I'm not asking much right, lol.. thanks for any and all replies.. Mahalo
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Sweden
729 Posts
 Posted 09/02/2013  05:20 am  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply
Depends on which grade you want them in...If you are looking for f-vf coins, Liberty nickels aren't that expensive besides maybe 3 years...
Excluding the 1913 of course
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 09/02/2013  05:27 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
I am not sure what you will find pre-1900 in proof

Maybe look at Barber coins or Seated Liberty coins
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Yokozuna's Avatar
United States
4618 Posts
 Posted 09/02/2013  05:28 am  Show Profile   Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
Take a look at the 2c and 3c coins. The 3 cent coins were struck in Nickel and Silver and the years overlap. Some of my favorite coins!
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!!
Im-Looking-For-Suggestions-On-Older-Coin-Collecting


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John1's Avatar
United States
56855 Posts
 Posted 09/02/2013  05:34 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. I see you are in Hawaii,how about putting together a nice Hawaii coin set? You are in high dollar coins if you want pre 1900 U.S. proofs.
John1
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FadeToBlack's Avatar
1751 Posts
 Posted 09/02/2013  05:46 am  Show Profile   Bookmark this reply Add FadeToBlack to your friends list Get a Link to this Reply
Sooo... inexpensive, and you want proofs, and you're looking for classic coinage?

Good luck.
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kanga's Avatar
United States
5825 Posts
 Posted 09/02/2013  09:17 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
ALL pre-1900 sets will have a couple "stopper" coins even in low grades.
Sit back with you Red Book and see what captures your fancy.
Although the prices won't be accurate you'll get the general idea.

I personally stay away from LONG sets such as Seated and Barber coins.
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Wiggam007's Avatar
United States
217 Posts
 Posted 09/02/2013  09:46 am  Show Profile   Bookmark this reply Add Wiggam007 to your friends list Get a Link to this Reply
I would second the Liberty nickels. The three keys, 1885, 1886, and 1912-S will set you back a couple hundred bucks each even in the lower grades. However, all the other coins are affordable even in high grades and there are plenty of proofs to be found (My RedBook, which is older granted, lists proofs of 1885 and 1886 (PF-63) as being cheaper than EF circulation strikes.)
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Conder101's Avatar
United States
17884 Posts
 Posted 09/02/2013  11:28 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Need more information. What grade range? Circ or MS only? What do you consider "too expensive"?
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Stylez's Avatar
United States
131 Posts
 Posted 09/02/2013  1:25 pm  Show Profile   Bookmark this reply Add Stylez to your friends list Get a Link to this Reply
Thanks for the great answers.. I guess I envision a circulated book set but nothing extensive I kike to be able to complete something and move on to another set...

too expensive to me is 500.00-1000.00 for a single coin, not saying I wouldn't pay it but when every coin costs half a months wages then kids starve lol...

ill sit down with my RedBook and see what tickles my fancy.... I dont need MS quality coins all the time but want a nice collection all the same...

hawaiian coins can be expensive especially from hawaiians... they dont always play nice with non islanders.. but I will check it out cause I have seen some pretty coins from hawaii before the brits..
Thanks again
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FadeToBlack's Avatar
1751 Posts
 Posted 09/02/2013  2:50 pm  Show Profile   Bookmark this reply Add FadeToBlack to your friends list Get a Link to this Reply
I honestly think you were going down the right route with Morgans. A years set of Morgans really only has three stoppers, and you can even mix in some DMPL coins from each mint.
Edited by FadeToBlack
09/02/2013 2:50 pm
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Bababooey's Avatar
United States
374 Posts
 Posted 09/02/2013  3:39 pm  Show Profile   Bookmark this reply Add Bababooey to your friends list Get a Link to this Reply
My experience has been with Liberty nickels, and as other posters mention there are just 3 that are expensive: 1885,1886 and 1912-s. there are only two with mint marked coins in the series: 1912d and 1912 s.. Of course half the series is after 1900.

You also mentioned proofs. I believe the proofs in the later years of the liberty head nickels are about $200, but that is not my thing.
I think it is a great looking coin and has a lot of stories behind it.

Once you get into silver things get more expensive. And of course gold is big bucks!

I've also been interested in Shield nickels, and later year large cents. Based on your budget they may fit. Not that I want the competition, haha.
There are several expensive Shield nickel years 1877-1881 (two of which are only proofs), but I'm planning to avoid those.

Thanks been my experience. Hope that helps.
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FadeToBlack's Avatar
1751 Posts
 Posted 09/02/2013  4:51 pm  Show Profile   Bookmark this reply Add FadeToBlack to your friends list Get a Link to this Reply
Have you thought about doing a type set? Just another suggestion.
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GR58's Avatar
United States
11951 Posts
 Posted 09/02/2013  7:47 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Looks like you are getting some good suggestions.

Let me give you some thoughts.
For doing high grade sets, with proofs and still stay into a average
coin collectors budget, the best sets are modern.

I call them the presidents
Lincoln
Jefferson
Roosevelt
Washington
Kennedy
Ike

Of these Lincoln is the hardest an Ike the easiest. The Jefferson set
is a lot of fun and a very nice looking set when completed with high grade and proof coins. The big Ike dollars are a good set ... I wish there was more coin (made for more years).

My favorite presidential set is Washington, the 1932 to 1998 set can be a challenge, and the first page has some high price coins. I like that it is a set that ends ... you don't have to keep putting the new coins each year.

Also think about the modern commemorative dollars, you can do proofs or UNC's ... or both, check out the commemorative section for some good post on these.

You were asking about older coins ..and want high grade or proofs.
As others have posted, older coins and proofs means expensive.
Most all the classic coin series have at least a couple higher priced coins.
The majority of collectors never finish these sets.

The Mercury dime set can be done, but most never fill the 1916 D hole,
the 1921 D and 1921 are also expensive in higher grades.

Walking Liberty half dollar have several expensive coins, but can be completed in lower grade coins.

Buffalo nickel sets also have a few set stoppers 1918/7, 1916 over 16 and the 1937 D 3 leg buffalo.

Indian Head cents, another hard set. Pre 1879 coins in high grade can be very high. Also the 1909 S ... It is in the $400 range in lower grades.

Pretty much all the sets that have pre 1900 coins will have some very hard or impossible coins to complete.

So what could you do. As others suggested a dollar date set or proof set
are both very good sets and can be completed ... Type set can take many years.

Or you can just buy nice coins that you like, and not worry about completing sets. There are coin cases or albums where you could what coins you choose.

You could buy a blank Dansco binder .. Put a blank cent page a blank nickel page ... blank dime page .. Etc and fill it any way you want

Just something to think about ... Enjoy what ever you decide to do.
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United States
3162 Posts
 Posted 09/02/2013  8:05 pm  Show Profile   Bookmark this reply Add jerryc39 to your friends list Get a Link to this Reply
I like the large cents. Alot of the braided hair coins are not terribly expensive in vf to xf grades. 1857 being the notable exception. If you go back farther than the coronet years than they start getting a little pricey for some of the draped bust and liberty cap cents. Check out the big boy pennies as I like to call them!
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FinanceGuru's Avatar
United States
337 Posts
 Posted 09/02/2013  10:23 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list Get a Link to this Reply
Except for 1oz silver coins, I haven't spent more than $100 on any coin. I have some nice Large Cents, Steel Cents, Indian Head cents, Winged Liberty "Mercury" Dime, Buffalo nickel, Half Dollars, Susan B. Anthony dollars, Presidential dollars, Sacagawea dollars, Large Eisenhower dollars, the 50 State Quarters + Territories, 2009 Lincoln Pennies, Westward Journey Nickels, etc.

Notice, most of those coins are circulated coins. Only the very old coins I have to pick up from the coin shows for less than $30/each.

You can definitely build a nice collection from circulated coins. I make it a habit to ask my bank and any place I shop if they have half dollars or dollar coins. If I'm getting change then I ask for coins instead of bills. The fun of hunting & finding coins is part of the hobby!
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