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Replies: 32 / Views: 4,130 |
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Pillar of the Community
United States
533 Posts |
How do you build your collection? Is it just what catches your eye at the time or do you have a plan to buy to like all of one mint or all years of one coin?
Last time I collected it was Slabbed Morgan's in MS62 and junk silver that I just sort of fell into. Sold it all and moved and am starting over and this time I am working up a plan of what I want to buy to.
How do you do it?
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Pillar of the Community
Canada
1118 Posts |
I am a geographical collector and I aim to tell a story.
Mostly I focus on Atlantic Canadian and New England coins, tokens, cheques, stocks etc.
For example I am collecting cheques from the Maritime bank of the Dominion of Canada in Woodstock NB. The bank is long gone but the building still stands. It was once an old drug store so I collect bottles from that drug store. I do not collect bottles, just THOSE bottles. I find putting them together in a case makes them worth more then they would be by themselves.
You should look at doing the same thing. You were talking about Morgans. Maybe try buying a Mister Morgan signature, perhaps counterstamped and mutilated Morgans. Then get an example of a dollar before and after the Morgan design.
In general I find that coin collecting is over-rated, history and numismatics is where it is at for me. My cousin is a multi-millionaire. He could go out and buy some amazing coins from all over the world but they wouldn't form a coherent collection. I would find my collection of New Brunswick Communion tokens more pleasing to pour over.
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Pillar of the Community
United States
2850 Posts |
Toned coins and investment grade U.S. currency. I always found collecting by filling holes in an album to be quite monotonous and repetitive.
So I suppose I collect what catches my eye (i.e. toned coins)
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Pillar of the Community
 United States
533 Posts |
Although I don't collect to invest I do like to collect US Silver coins as I don't see them losing value over the years. No matter what the underlying silver has value I have started buying "junk" silver again but this time it is coins I enjoy, Barber and Liberty quarters and half dollars. Cost's a little more than the Washington quarters but I enjoy looking through them and thinking about the year they were made. 1958 just doesn't have the mystique for me that 1891 does. I also put together a list of what would be the highest MS PCGS Morgan I could get for under $500 for each date/mint combination (with major variations). A few, like the 1893-S I had to raise my limit and go down to a grade 2 or 4 but there are a surprising amount of 64's, 65's, and 66's on the list. I figure on the common ones the fun will be in getting the best example of that grade I can find. All told I am figuring 116 coins and $50,000 so this is long term project.
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Valued Member
South Africa
331 Posts |
Well I only collect ZAR and Morgandollars And only graded Ms I have my eye on a CC Morganbut wow I will have to save 10 years to even get close! But ANY condition morgandollar iis awesome. but to try and keep away from fakes I get graded if I can afford it. American coins are the most beautiful!
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Pillar of the Community
United States
6130 Posts |
I get pulled off on whims. My current intensive focus has been a type set of whatever Japanese coins I can find and afford, from the 1600s until 2016.
Secondary focus is a mug shot collection of Roman emperors in the best condition I can afford and find. It started out with the ones I remembered from high school World History, but then I sorta got pulled in.
India was another one. Got a start with a few cool British colonial pieces, then took a step back and I had a hundred pieces spanning nearly 2,500 years.
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Rest in Peace
United States
2668 Posts |
Approaching this from my OCD, How do you decide what not to collect? My parents would make me leave stuff behind - in the garage - when we moved. Intra-city was OK, I could go back with my bike and grab the best goodies. But when we moved to Arizona I think I learned about anxiety attacks. Although I've got a half dozen, I don't collect insulators. nope,nope,nope. And old car parts, especially used brake shoes. Quit laughing, I'm serious! 
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Valued Member
United States
57 Posts |
I've just started looking for silver under melt, I am surprised at how many I've been able to find and when I am not doing that I am trying to complete my world crown collection.
As to how I do this: a lot more math than I am used to.
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Pillar of the Community
Norway
1358 Posts |
My rule of thumb: just choose something that actually has your interest or something that you have affinity with. First of all, I'm a type collector (although I keep 'special' dates aside). I don't care if a coin is from 1899 or 1898 if it's the same coin, really. Unless 1898 just had 61 pieces and 1899 500.000 pieces, of course.  In my case, that's Norwegian and Dutch coins, as I have lived in both countries. I have decided to limit myself to kroner and gulden, as that's already quite a challenge to collect, especially with the commemorative coins and the specials issues. When I'm done, I might continue with something else (Dutch Euro coins or maybe the guldens from before 1817. Norway had the speciedaler and several variants before the kroner came in 1874). I purely collect coin types, as that's already quite an effort: a lot of coins have just one year with mintage and some are even limited to just 10.000 pieces or so. Plus that there's a lot of different gold coins for both countries... I also do collect sets of circulation coins from the countries I visited. This is usually the only souvenir I take home with me. I think it's very much fun to see how coins look around the world and to see the major differences in approach to a currency. As if this isn't enough, I do collect some British, American and German pieces (especially Notgeld is very interesting), but this is more or less on the sideline and has more to do with me visiting those countries quite often. I recently found out that I do possess quite a few ECU tokens and that no one really seems to know anything about it. As such, I decided to start 'collecting' them and find out more about it. If there's a good story in it, I might just write it down and get it published.
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Pillar of the Community
United States
1316 Posts |
The focus of my collection is US & World coins of the year of '82. I was born in 1982, so think its great year! Right no,w I'm trying get something over every century on the year of '82 as far back as I can go. I have 1982 - 1382, 1182, 782, and 282 covered thus far. Then I built out from there on those years as I find a coin fascinating and affordable. German States and Spanish Colonial strike a particular fancy with me. In addition to this, I've been working on date sets of Capped Bust Half Dimes and Draped Bust Half Cents just because I think they are pretty sets. My suggestion is to pick something of fascination for your hobby over an investment priority, so as have fun in the search and owning of it, and you will always be happy.
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Pillar of the Community
United States
937 Posts |
First and formost collect what you like.
Second dont get hung up on the 'how' to collect
third DO NOT make it a job. Keep it enjoyable
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Bedrock of the Community
United States
94367 Posts |
Over a long life, I've collected most of the US series, but nothing has stayed with me like paper money - it is colorful, large and easy to enjoy in hand.
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Pillar of the Community
Canada
5239 Posts |
I did not really make a conscious decision, when I started collecting, to collect some particular thing. It just happened that way.
I found myself drawn to world type collecting because there was so much variety, and the collection could grow at minimum cost.
Others have different things that attract them.
I suppose that if you really want to get a complete "set" of whatever you collect, you should count the cost of the complete collection and decide if this is for you.
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Pillar of the Community
United States
1346 Posts |
I collect my birth year, started on a whim, after all, how expensive can that become, Right? Ha! (now at 226 different) A few years ago I started a worldwide junk coin type set collection. In doing so I found a few (ok, several) countries that intrigued me. I picked one for a serious type set which had a chronological beginning and end. Also it was one that I had no knowledge so lots of opportunity to learn about the history of the coins as well as that of the country.
I am by no means suggesting this as your way to go, just sharing what worked for me.
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Valued Member
58 Posts |
I collect whatever catches my whim. I just finished watching Wolf Hall and I absolutely had to have a Henry VIII coin.
I was a history major in college and always had a fascination with currency and coins from the times I studied - civil war, Rome, prohibition, WWII years and those special coin materials, etc.
I also like to collect family birthdate sets. Mine is 1980 and it's less than exciting because no silver coins were issued but hey it's special to me.
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New Member
United States
28 Posts |
I collect(hoard) 90% silver as a side note, but more interested in 1 oz bullion, in particular the American Silver Eagles and the Mexican Silver Libertad's. I just plain like them. I'll buy most any years or mintage's but recently trying to pick up the lower mintage years of each. I'm just putting them away and stacking at this time. (hoarding). Even a few of the Ike dollars and a few Kennedy half's too. Oh and even the good ole Jefferson nickels for fun, the 1960 and older. I guess I'm just trying to go back to my youth now that I'm one of the "baby boomer folks".
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Replies: 32 / Views: 4,130 |