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 Replies: 13 / Views: 2,024 |
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New Member
United States
5 Posts |
Hello ALl I am Andrew 25 years old, I decided I want a hobby to last a lifetime for me, I feel like coin collecting can be peaceful for me, and help channel my stress, sooo I have some questions for you guys. I am mostly interested in old Russian, German, Third Reich coins, I have little to no interest in gold, or silver coins at this point, don't wanna get in trouble buying fakes, So I been buying some old German coins on ebay thou verified sellers with , also ones with really good reviews and tons of sales, you know what I am trying to say, most of the coins I am interested in are cheap 2-15 dollars, obviously if I do some reading up on what I am buying will I be safe? how many of those coins are fake ? I don't think many right ? cause they so cheap? i supect most of the gold, silver ones are fake right ? any tips will I be safe starting out this way ? please give me advise also what type of book should I have ? and how do I handle old coins ? ty so much sorry for long post just new  |
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Valued Member
United States
331 Posts |
first off with a coin of any value or metal (if metal some us patterns weree made in colored plastics) hold by the rims nd never touch with bare hands
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Moderator
 United States
188415 Posts |
 to the Community from a fellow Palmetto State resident! First, the important question... Orange or Garnet?  Since you have asked a lot of questions, I moved your welcome post to the appropriate forum for the proper attention.  |
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New Member
 United States
5 Posts |
a little of both I would say more orange, what tends be the difference I am such a newbie I been trying to read up on google, not to be asking so many questions, was my 1st post making any sense ?
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Pillar of the Community
United States
5362 Posts |
Welcome to the forum Counterfeits can be found of most coins - the type made to actually circulate are usually of some value. Counterfeits made to fool collectors are called Numismatic Forgeries and are usually of melt value only. Any coin that can be made for less than it sells for will be forged - but the cheaper issues are copied fewer times. The area you are focusing on has very little risk. This means that there is likely little potential for an increase in value. |
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New Member
United States
5 Posts |
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Moderator
United States
188415 Posts |
Quote:
a little of both I would say more orange, We will get along then!  Quote:
I been trying to read up on google, not to be asking so many questions, was my 1st post making any sense ? It did, which is why I moved it to a place where those most able to answer it would see it. I must be clear: you did nothing wrong! I am just want to see your questions answered faster. |
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New Member
United States
5 Posts |
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New Member
United States
5 Posts |
hey speaking of coins I just got off ebay Finland 1866 5 Pennia , those are the type of coins I am intrested in :D I doubt many fakes of those type of coins correct ? paid 2.99 for it Edited by Reddragoniop
06/18/2015 6:00 pm
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Pillar of the Community
United States
5362 Posts |
Was the auction # 271875502401 ? Price is not all that you should be looking at. Look for evidence of harsh cleaning (odd color), scratches or rim damage. These coins should be avoided when buying common copper coins. The cost of a nice uncleaned example is still under $5 but I think you will be able to recover more of your investment with a higher grade example. |
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Pillar of the Community
France
1591 Posts |
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New Member
United States
5 Posts |
yeah swamperbob it was what do you think of that coin ? was it cleaned ?
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Pillar of the Community
United States
5362 Posts |
Yes the coin has been cleaned. The color is incorrect for the alloy after oxidation. Beware anytime you see this color unless the coin is MS. Also there are scratches left behind by the cleaning.
Remember bright and shiny is usually NOT the thing to look for. Personally I love nice EF-AU examples with nice eye appeal. The MS coins are usually badly overpriced (not worth it if the bubble breaks) and EF AU will likely hold the highest percentage of value.
In my opinion eye appeal is better than technical grade based on the Sheldon scale.
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Valued Member
United States
156 Posts |
Welcome.
The thing I wish I was told when I started in coins:
"Read thoroughly. Learn your series before you buy a coin. Learn it thoroughly enough so that you know more about it than your dealer." -Walter Breen
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Replies: 13 / Views: 2,024 |
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Posted 06/18/2015 2:51 pm
