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Garoyn's Avatar
United States
513 Posts
 Posted 05/14/2015  12:30 pm Show Profile   Bookmark this topic Add Garoyn to your friends list Get a Link to this Message Number of Subscribers
I'm just starting back up from a 25-30 year hiatus on collecting. Found some interesting, uh, "stuff" packed away. Some of that "stuff," of course, is green stuff from the storage media of the day {wink, nudge}.

I started back in the day when PCGS, NGC, ANACS were non-existent, then just getting a good start, and state-of-the-art was Teletrade sending VHS tapes of coins at auction {grin}.

I see major changes in:

--the prominence of the third party graders
--the ubiquitousness of ebay trading
--the presence of cool fora, like this Coin Community Forum [Family]
--the "requirement" of decent coin photography that goes with the previous two items

Other than these things that I can easily spot and start to digest, what has changed the most in coin collecting in the last 25-30 years? What "new" topic should I first learn about?

Suggestions for "upgrading" my library? Got lotsa books (always "read the book before buying the coin"). Have an old Red Book collection (with a looong gap, now--I just got a *spiral-bound* Red Book (!?)). I did mostly copper, was an EAC member, dunno if that's where I go now.

Back in the day, we had to *chisel* our inventory on stone tablets, y'see, and we *liked* it that way, we did.
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John1's Avatar
United States
56855 Posts
 Posted 05/14/2015  12:41 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. Look around our great site and enjoy.
John1
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edweather's Avatar
United States
7375 Posts
 Posted 05/14/2015  12:53 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
back

See what floats your boat. When I staretd again, I found ebay to be an amazing thing. There's also books online now for free, and resources at the TPG sites for free. The Heritage Auction Archives is a wealth of coin info too.
Bedrock of the Community
United States
20753 Posts
 Posted 05/14/2015  1:12 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
BACK
Which old Red Books do you have? I'm a Red Book collector and have all from the first to now. I'm always looking for more of the older ones. If you get a newer version, you'ld notice there is now a listing in the back with prices for the older versions of that book. Some of the older editions are over $1,000.
My only real good suggestion is to look up coin shows and go to as many as you can find. If you do find some, you'll be amazed at what is available.
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Garoyn's Avatar
United States
513 Posts
 Posted 05/14/2015  1:24 pm  Show Profile   Bookmark this reply Add Garoyn to your friends list Get a Link to this Reply
Yeah, I used to go to as many coin shows as I could--some required a bit of travel. Are coin shows still "important"? With all the online stuff available--education resources, online auctions (ah, the old mail bid sheets--good riddance!), "real time" on-line interaction with more knowledgeable collectors (which is, like, just about everybody {grin}), etc.--I wasn't even sure if coin shows were still worth the travel.

And what about local coin [collector] shops? *Are* there any of these any more? Or are they all just bullion buyers/sellers/traders ("We buy Gold" or "Compramos Oro")?
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T-BOP's Avatar
United States
18456 Posts
 Posted 05/14/2015  2:17 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply


Yeah I would say it's a different world now than in your earlier years of coin collecting. besides prices of most coins being higher now than they were back then, we now have to contend with some e-bay scams and fakes. yeah, we had some counterfeit coins in our early days ,but not like now. it's crazy out there. one needs to be well educated if your looking to buy KEY coins from e-bay. however the CCF members who also sell on e-bay full time or part time can be highly trusted and fair to other members.
Stay with us ; and happy collecting.
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jgenn's Avatar
United States
1156 Posts
 Posted 05/14/2015  2:29 pm  Show Profile   Bookmark this reply Add jgenn to your friends list Get a Link to this Reply
Though you didn't say, I'm assuming you mean starting back to collecting US coins. Don't forget that there's a whole world of wonderful coins out there with fascinating histories. You should find that the internet provides much more convenient access to world coins than ever before.
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jbuck's Avatar
United States
188770 Posts
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pepactonius's Avatar
United States
9395 Posts
 Posted 05/14/2015  3:06 pm  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply
I'm just coming off from a hiatus myself. Prior to the mid/late 1990s, I collected US numismatic coins, preferably early silver and pre-civil-war gold. I stopped, mainly because of high prices on the coins I was interested in. Later on, I started stacking bullion gold (mostly pre-1933) coins, both US and foreign.

After this two decade hiatus from numismatic items, I'm thinking about branching out to something else, probably with more emphasis on foreign, and less on gold. I've stared by updating my coin library. I see there are a lot more coin books around these days. Some of the more interesting ones:

- Two high-quality books on early quarters (Tompkins and Rea/Peterson/Karoleff/Kovach), similar in quality to what was available for Half Dimes, dimes, and dollars before 2000.

- Updated Overton book (5th edition, now)

- Two new gold books -- Garrett/Guth and Dannreuther/Bass

- Updated and expanded volumes on branch mint gold (Winters)

- Six volume sets (in progress?) on early cents and Seated half dollars. These are expensive, so I've just ordered up just one volume of each, to see if it's worthwhile getting them all.

- New comprehensive book on colonial issues (Bowers)
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Chute72's Avatar
United States
1314 Posts
 Posted 05/14/2015  5:24 pm  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
If you like Morgan dollars, VAMming offers a lot of fun, but requires a bit of learning. It's a fun way to spend time with your collection.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/14/2015  6:06 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Welcome back, Garoyn. Job One for you is to digest the enormous changes the Internet has wrought in the hobby. Your local brick & mortar store is a dying breed, quickly being replaced by the One Hozillion places coins are now available for purchase on the Internet. Unfortunately, the Internet is not a nice place, and among the thousands of reputable dealers online (you'll see names you recognize) are a great number of places you wouldn't walk in at night.

So, learning to vet online businesses is on your list.

Photography (in addition to being my personal passion) is a near-imperative skill. In addition to its' obvious bragging value - you can brag louder about your coins if your images are clearer - the ability to shoot good images gives you an understanding of how to interpret those less-than-good images you'll frequently see online. It's a huge advantage as a buyer over those less-equipped to understand what they're seeing in those execrable ebay auctions.

If you're a good grader, you will consistently undergrade images of Mint State coins. Digital photography is harsh. We have a dedicated Photography forum here - I daresay this is The Place on the Internet where you'd most want to be to learn coin photography - and an introductory thread there will result in far more than you ever really wanted to know on the subject.

Register at Heritage Auctions (ha.com). It's free, and they won't ask for financial data. You will then have access to their astonishing archive of high-resolution digital imagery of prior sales going back to ~1995 (high-res begins 2005-ish). Almost two million auctions. If that's not enough to whet your appetite for current market results of coin sales, try this:

http://www.pcgs.com/auctionprices/

All of Heritage's results are there, as well as just about everybody else's. You don't need price guides any more for the coins in these categories, because you can see what people are paying today for them as your guide to value.

I'm guessing you know what to do about that green stuff; if not, we can help there too.

Coin Community's purpose is to develop and nurture newer collectors and Young Numismatists. We hold to probably the strictest ruleset of any adult forum on the Internet as a result, especially with regard to language and behavior. We're not stupid enough to believe there are no wolves among us, so off-forum contact via messaging (among other things) are limited before certain postcount and time goals are met.

If you are not here to learn, you are expected to teach. We count some of the foremost numismatic experts in the country as active members who share that purpose. An outgrowth of that is, we'd far prefer you to start a fresh thread on a given topic - even if we just discussed it two weeks ago - rather than bump an old, similar thread. That way it becomes a new thing which readers will look at rather than some bumped older, two-page thread they'll pass by.

Wander around. See what's what. There's a ton of underutilized information in the left column links on this (and every) forum page. We have one of the better forum Search functions you'll find; if you're any sort of experienced forum member you'll know how hard that can be to achieve. Just don't leave questions unasked in your mind.
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Garoyn's Avatar
United States
513 Posts
 Posted 05/14/2015  9:11 pm  Show Profile   Bookmark this reply Add Garoyn to your friends list Get a Link to this Reply
Mucho thankos for the tips, folks--greatly appreciated. I've found there's a ton of internet stuff I now have to digest (at least 'net proficiency isn't an issue). I think I need more hard disk space just to house the new bookmark links I've been adding {grin}. The ol' OCD-ness is kicking in resulting in many layers of folders for the new bookmarks. (Now if I can just remember where I put . . .)

Trying to wade through a couple thousand Lincoln wheats to get the "feel" back. I've been chiseling, er, inputting the ol' inventory in the Exact Change inventory program. Seems to suit my needs, at least at this point.

And I did notice that world collecting is now more accessible. It was always hard to get the mintage for those Icelandic krona and Somalian senti. What's the world collecting standard book now (I think it used to be Krause or something like that)? Still using KM numbers?

I generally collected circulated stuff, and I'm wondering how grading has, uh, developed. Is a VF-20 from 1980 now an EF-40 or is it an F-12 under present standards? My latest Photograde is 17th ed., copyright 1988. Still relevant? What do folks use nowadays for a grading standard?

Love those prices sites--PCGS and Heritage. And lotsa good stuff on *this* site to peruse. I need more time than exists to give it the attention it deserves. Pat, I'd like to buy a month, please.

Well, you'll see me around, poking my nose into lotsa places on this site trying to "catch up." Thanks for the help.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/14/2015  9:25 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Don't change your grading standards. Only the TPG's have slid, and they're done sliding and headed back where they belong because of pressure from the hobby (and John Albanese with CAC). My Photograde is the 18th Edition, and I'm happy with it for what it is....photos aren't quite that small any more.

Don't EAC grade anything but EAC copper (EAC is still the Gold Standard there). People only get confused.

Krause and their numbers are still the Gold Standard for World coins.

Nose into our dedicated Grading subfora - Classic and Modern for US, you'll see where the various World subfora place theirs - to get a feel for grading from images. Don't hesitate to interject "rookie" questions into any grading thread regarding how a member came to their opinion; it's encouraged for someone offering a grade to explain their reasoning but too few do so. In Moderns, beware of Coop. If you ask a question, he'll create an excruciatingly-detailed infographic to make it abundantly clear. In Classics, beware of me. I will bury you under information.

And if you want World coins, go see vcoins.com.
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Tbone's Avatar
United States
1839 Posts
 Posted 05/14/2015  11:47 pm  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply

Quote:
Welcome back, Garoyn. Job One for you is to digest the enormous changes the Internet has wrought in the hobby. Your local brick & mortar store is a dying breed, quickly being replaced by the One Hozillion places coins are now available for purchase on the Internet. Unfortunately, the Internet is not a nice place, and among the thousands of reputable dealers online (you'll see names you recognize) are a great number of places you wouldn't walk in at night.

So, learning to vet online businesses is on your list.

Photography (in addition to being my personal passion) is a near-imperative skill. In addition to its' obvious bragging value - you can brag louder about your coins if your images are clearer - the ability to shoot good images gives you an understanding of how to interpret those less-than-good images you'll frequently see online. It's a huge advantage as a buyer over those less-equipped to understand what they're seeing in those execrable ebay auctions.

If you're a good grader, you will consistently undergrade images of Mint State coins. Digital photography is harsh. We have a dedicated Photography forum here - I daresay this is The Place on the Internet where you'd most want to be to learn coin photography - and an introductory thread there will result in far more than you ever really wanted to know on the subject.

Register at Heritage Auctions (ha.com). It's free, and they won't ask for financial data. You will then have access to their astonishing archive of high-resolution digital imagery of prior sales going back to ~1995 (high-res begins 2005-ish). Almost two million auctions. If that's not enough to whet your appetite for current market results of coin sales, try this:

http://www.pcgs.com/auctionprices/

All of Heritage's results are there, as well as just about everybody else's. You don't need price guides any more for the coins in these categories, because you can see what people are paying today for them as your guide to value.

I'm guessing you know what to do about that green stuff; if not, we can help there too.

Coin Community's purpose is to develop and nurture newer collectors and Young Numismatists. We hold to probably the strictest ruleset of any adult forum on the Internet as a result, especially with regard to language and behavior. We're not stupid enough to believe there are no wolves among us, so off-forum contact via messaging (among other things) are limited before certain postcount and time goals are met.

If you are not here to learn, you are expected to teach. We count some of the foremost numismatic experts in the country as active members who share that purpose. An outgrowth of that is, we'd far prefer you to start a fresh thread on a given topic - even if we just discussed it two weeks ago - rather than bump an old, similar thread. That way it becomes a new thing which readers will look at rather than some bumped older, two-page thread they'll pass by.

Wander around. See what's what. There's a ton of underutilized information in the left column links on this (and every) forum page. We have one of the better forum Search functions you'll find; if you're any sort of experienced forum member you'll know how hard that can be to achieve. Just don't leave questions unasked in your mind.


SD this is so much great advice for Garoyn. For anyone coming back to the hobby after a long hiatus, or even someone brand new. It's so good, I think you should consider pinning this to the top of the forums somewhere so others can read it and learn from it as well.
Edited by Tbone
05/14/2015 11:47 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/15/2015  08:49 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
It's so good, I think you should consider pinning this to the top of the forums somewhere so others can read it and learn from it as well.


Thank you for the kind words, Tbone, but to pin something somewhere is to camouflage it from most readers. This is a known phenomenon across Internet forums, and why you see relatively few Stickys here.

It's my lot in life to repeat the same posts over and over. This is the nature of teaching.
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orfew's Avatar
Canada
1269 Posts
 Posted 05/16/2015  12:32 pm  Show Profile   Bookmark this reply Add orfew to your friends list Get a Link to this Reply


This is a great place to ask questions and find the information you are looking for.
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