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Valued Member
United States
104 Posts |
Hello All  Before I begin, please forgive my ignorance. I am very interested in coin collecting, but am feeling a bit overwhelmed with all of the information. I have not yet started my collection, but here are a few coins I am interested in: 1. Kennedy half dollar2. American Eagle Silver Dollar 3. American Buffalo Dollar I am trying to weigh out the pros/cons of bullion vs. circulated/uncirculated/proof coins. I hope to purchase coins that are both enjoyable for me to collect AND provide a fairly sound investment. Any guidance you could provide would be much appreciated!  Edited by logantrky
01/15/2016 10:13 pm
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Moderator
 United States
34409 Posts |
 Nice to have you join us! Quote:
enjoyable for me to collect AND provide a fairly sound investment In my opinion, you should pick one or the other. Maybe others here will disagree... "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
United States
624 Posts |
Welcome. I love Tennessee. Volunteered in Memphis every year for close to a decade and have some good friends who live in Nashville. Been all over and in between.
Welcome to the community. You will learn a ton here and no need to apologize for ignorance. Even the experts don't know everything, and everyone is here to learn more so you came to the right place.
spence I disagree that you have to chose either enjoyable or investment. I invest on the stock market and that is both enjoyable and an investments coins be the same thing? If you are collecting silver, rare or errors and it can certainly be both.
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Rest in Peace
United States
7075 Posts |
Collect what you like and enjoy learning about. |
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Valued Member
United States
398 Posts |
KISS ..... Keep It Simple Silly
American Eagle Silver Dollar
Final Answer!
Edited by LocalCoinGuy
01/16/2016 3:26 pm
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Pillar of the Community
United States
1795 Posts |
Do some reading on whatever avenue you choose to pursue.
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Pillar of the Community
United States
1795 Posts |
Oh yes welcome to CCF. Ask and ye shall learn!
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Bedrock of the Community
Canada
11922 Posts |
to the CCF! |
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Pillar of the Community
 United States
4591 Posts |
to CCF and our great hobby ... remember, you can always take the time to learn. Buy the book before the coin! -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Moderator
United States
16679 Posts |
Great to have you!
swcoin.ecrater.com
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Pillar of the Community
United States
5207 Posts |
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Valued Member
United States
311 Posts |
Hey welcome! I'm also from the TN area! Here is what I do - I have a coin collection and I collect silver as an investment. You don't have to choose one or the other and in some cases one will support the other nicely. I will pick up about 10 ounces of uncirculated silver eagles every other week, and probably about $6-10 (face value) of 90% silver coinage. This week I found a couple quarters (that I'll post pictures of later) that were repunched mint marks. I'll sell those and turn it back into investment and collecting. On the other hand, I have collections of coins purely for the numismatic value of the collection. My favorite are Ikes but unless I find a really great raw one to send in for grading, I'm pretty much done with that set. I've now started on Jefferson nickels to keep myself occupied. Coins that you collect for "fun" can be a great investment also. I have had Ike's that I've paid $4 for, sent in to get graded ($16), and have come back as a high grade of a less common attribution... And now you have a $200 coin that you only paid $20 for. My point is, you don't have to choose one or the other you can include both investing and collecting in your hobby. Get yourself a Red Book and the Cherry Picker's Guide (volume II if you are going to do half dollars) and just start researching and having fun. Any local coin shop worth it's weight would gladly talk your ear off about coins and answer any questions you have! |
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Moderator
United States
188440 Posts |
to the Community! |
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Valued Member
United States
245 Posts |
to the forum from Arkansas |
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Replies: 13 / Views: 1,379 |
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Posted 01/16/2016 12:08 am
