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 Replies: 11 / Views: 1,769 |
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Pillar of the Community
United States
2608 Posts |
Hello everyone,  As some of you may have seen in my welcome post, I am a college student who wants to get back into collecting. I collected Lincoln cents, Barber dimes, silver Washington quarters, modern circulating coinage, and Canadian cents for a few years leading up to college. Sadly being a student left little time for collecting, so I ultimately drifted away from the hobby. However, last week I happened to ask at my local bank if they had any large-sized dollars, and sure enough there was one lonely 1977-D Ike waiting for a home. I now carry that Ike around as a pocket piece and, along with this forum, it has inspired me to start up collecting again. The problem is that I am on an (obviously) very limited budget and am not sure which series I should start tackling again or how to go about doing so.  I have one trusted online LCS, but otherwise that's about it around here. I am also thinking about starting a 7070 type set (although I need to find the album) as an alternative and maybe pick up my other series later as funds allow. So I am wondering what advice you guys have for my situation? Are there any other college collectors out there or those who have gone through a similar experience?  |
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Pillar of the Community
United States
1192 Posts |
I had a stopping point between high school college and my first year of work. I did a little collecting from circulation in Canada, I just didn't have shops and didn't trust buying online. I think CRH would be good for a colleg student if you have access to banks. Get a nickel album and $50 to get boxes of nickels. I had loads of fun with that until I went into ebay and started getting some extra disposable income and less time to hunt. Another one if you like junk dealers bins is Roosevelt dimes you can get them for like $1.40 circulated apiece. Or a short set 1939-1945 of merc dimes. Now instead of rolls of coins go through mounds of used toys looking for the diamond in the rough. The thing is it's a whole lot more financly rewarding. Enough to make a small income and award some key date walkers everyone in awhile, |
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Pillar of the Community
United States
560 Posts |
Welcome to the forum! Building some modern sets from coin roll hunting would be economical and fun. Jefferson nickels are pretty easy. With some patience, you can build a whole set from circulation, although you might want to buy the 50D and silver issues. Roosevelt dimes are also easy post 1964 and the silver issues aren't too pricey. A 7070 would also be fun but take your time with it and get the best quality coins you can afford. Good luck and have fun with whatever set you decide on. |
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Pillar of the Community
United States
1191 Posts |
As I said in your introduction post,  from a fellow college student  As far as what to collect, I got nearly all the coins I have from CRH (coin roll hunting) and some purchases at coin shows. A 7070 album would be hard to find in a reasonable price range and the coins may get expensive. A littleton 3-ring album for 20th century type coin can be found for much less than a dansco. I like to collect every denomination as long as it doesn't have dozens of expensive coins. Jefferson nickels and Lincoln memorial and wheat cents can be easily found in rolls except the key dates, which are very few. If you are after silver coins, I would suggest going with Franklin halves or Peace dollars; they also have few key dates but it's silver non the less! |
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Pillar of the Community
United States
6370 Posts |
I have a set amount of money. I buy a whole bunch of coins, keep the ones I want, and sell the rest so that I end up where I started, with maybe a little extra. And then repeat. I am upgrading my type set this way. Just snagged an AU Two Cent and Flying Eagle for a net $18, for example. I also Flip bigger-value coins too, such as a 1921 D half dollar I paid $70 for and sold for $150. |
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Bedrock of the Community
United States
11951 Posts |
My suggestion would to figure out what series you like best And slowly buy coins in the grades you will be happy with. If it means you have to save up to fill each hole ... Easy and nice sets Jefferson nickels Franklin half dollarConsider Morgan dollar date set Long term set U.S. type set - You can start with Whitman 20th century Later switch to a 19th and 20th century album |
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Bedrock of the Community
 United States
12813 Posts |
I'm glad you are thinking about this at your age. When I was in college all my money went to books food and beer (not necessarily in that order). |
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Pillar of the Community
United States
500 Posts |
As GR58 already mentioned the Whitman 20th century type set is a great choice and looks so NICE once it is completed.  Best of luck to you! |
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Moderator
 United States
187702 Posts |
When I was in college I only collected from circulation. I did not even roll hunt back then.  Trust me, college years will go by (too) fast and then you will have plenty of time to ramp up the purchases. I do speak from experience.  The 7070 is not a bad idea for a long term project. For what it is worth, I graduated in 1991, bought the 7070 in 1993, and I still have three holes in it.  (Of course, I have had plenty of other albums to fill in that time.) |
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Pillar of the Community
United States
982 Posts |
Sounds like coin dealers need to be more progressive and start offering student discounts! P.S. I consider myself a student of numismatics. Edited by captainrich
02/05/2016 11:27 am
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Valued Member
United States
53 Posts |
As a fellow college student, my collecting is coming entirely from CRHing right now. Hunt as much as you can, keep what you want for your collection, and sell what you can that you come across. I primarily do Cents, and have found that I can move rolls of solid date and mint copper LMCs for around 2x face, which I can then use to buy a coin if there is one I am in need of.
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Bedrock of the Community
United States
20753 Posts |
Main thing I'd suggest is ask everyone you meet if they have any old coins they would like to part with. |
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Replies: 11 / Views: 1,769 |
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Posted 02/04/2016 11:46 pm
