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 Replies: 9 / Views: 1,645 |
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Valued Member
United States
123 Posts |
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Valued Member
United States
109 Posts |
I wouldn't recommend bidding when there's still a lot of time left on coins. You should wait until near the end to get the best bang for your buck!
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Rest in Peace
United States
18456 Posts |
Ben , I know what it's like to be a new coin collector . your setting your sites on inexpensive low quality coins in quantity . Unfortunately it's the same road most of us took when we first started . If you were to ask me if I would have a different strategy if I could do it all over again I would say I don't know . Just a tip from an old timer > Put your $200 towards a couple of high quality certified coins . All the listings that your bidding on will not have much value at all in the distant future. how ever the slabbed MS-65 or better coins have good potential for a nice future payoff. Now some members will argue to let you just enjoy what you feel like doing. KNOW WHAT ? yeah, why not . just don't bid on the same coins over and over from different sellers.  |
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Valued Member
 United States
123 Posts |
Ok, I'll do that then I suppose. Thank you for your honesty. I actually do, however, resale the coin folders, sometimes for twice (or more) what I paid, so most of them I just sell. I have some higher quality, more expensive coins, but I will start targeting them more. I do like collecting the wheat cents, more for personal than monetary value. But again, thank you for your advice, & are Standing Liberty quarters or Morgan dollars a good start? |
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Rest in Peace
United States
17900 Posts |
It is better to have a nice coin that you love over 1000 bargains.
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Pillar of the Community
United States
757 Posts |
I'm with T-BOP quality over quantity. If you do have an outlet for the lower end stuff and can make money on it that's a great way to get some extra cash to buy the nicer coins. Standing Liberty quarters are a great series, but be prepared to shell out serious cash. I'm slowly build a mint state graded set and the 1916 in mint state could buy you a very nice used car. Morgan on the other hand are abundant in every grade. You can easily put a nicer set of common dates together for $20+ per coin. |
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Pillar of the Community
United States
6130 Posts |
I got my ebay start in the US section; burned out on that pretty quickly as it was too cut-throat with people putting in insane bids with 2 seconds left on the clock. It's a great place to sell, but terrible to buy unless you are gunning for some top-quality stuff and are willing to pay any price to have it. If you are looking to fill out albums, I would buy no more than 1-2 large lots, and then hunt the rest individually. Also never trust listings showing filled albums. You never know what coins are actually in there. |
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Valued Member
United States
123 Posts |
I'll go with the Standing Liberty quarters, as I already have some of them. & I'm not trying to get mint state graded, but even then I realize that it'll take a good bit of money to complete it. Once you have your set finished, I'd be interested to see it if you'd post it on this website. It sounds like quite a challenge, even finding them for sale let alone purchasing them all & handling them carefully, & storing them so they don't get toned. |
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Rest in Peace
United States
18456 Posts |
OK , so Standing Liberty quarters it is. but I hope your budget is big enough to handle it. Even in nice circulated grades these beautiful quarters can be very costly . good luck  |
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Valued Member
United States
123 Posts |
Thanks, yes I have it but that's my budget total, so I'll put some more thought into it. Though I am buying a type one standing liberty, so at least it's a start.
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Replies: 9 / Views: 1,645 |
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Posted 01/29/2016 7:01 pm
