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Newbie Needs Help Starting Collection

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88isgreat's Avatar
United States
397 Posts
 Posted 07/21/2016  7:14 pm  Show Profile   Bookmark this reply Add 88isgreat to your friends list Get a Link to this Reply
Jamo32

As others have stated, only you can determine what is best for you to collect. I recently restarted coin collecting and was sort of all over the place. Picked up some older mint sets (proof and uncirculated), put some coins from circulation into Whitman folders, and even some new sets directly from the Mint. Then I found this forum and saw what other members were collecting. As I started looking at some of the classic coins I realized that the Mercury dimes really struck my fancy. So I decided that I would try to acquire Mercurys in the best condition that my budget will allow. So far, I've been able to afford a few in MS 60 or better. Since Merc are silver, I figured why not pick up some silver Mint Sets to keep the set collection moving forward.
As you can see by the various responses, you can keep your interest up no matter what coins you decide to collect.
Pillar of the Community
United States
521 Posts
 Posted 07/30/2016  12:06 pm  Show Profile   Bookmark this reply Add johnny676767 to your friends list Get a Link to this Reply
I started (again) collecting about 4 years ago. I went with CRH Jeffersons. That was fun and something I did with my son. Never found those key dates, though. I've got a few folders exactly like the Whitman below. By the way, this is the real way to determine a key date IMO. (1950 P) really hard to find, too.

Then I bought a few UNC Jeffersons and I really loved the glow; some just really 'pop'. I started assembling an UNC set- pictured here.

Handling the circulated coins gave me a real feel for lower grades, especially wear patterns. Buying the UNCs gave me initial experience (at modest cost) with the 60 range grades and helped me learn about aspects such as strike and luster (as well as carbon-spotting and cleaning)- all ongoing lessons. Of course, all of these things are different for all series (and even coins within a series), but the Jeffs are a cost effective introduction. When you make a mistake (like I did) it doesn't hurt the pocket as much. I am now working on an UNC date set of Buffaloes. Again, I started with circulated (lower) grades before doing this. However, once I saw an UNC example, I was hooked. Nickels, especially the Buffs and Jeffs can really shine (IMO)!

Also be careful of pictures if buying online. The 38 pictured here is awesome in hand. I just don't photograph coins well and I also think they are challenging to capture in a Dansco folder. Unfortunately, you'll have the opposite problem with many purchased online.

Like others said, find what you like. You can always change!

Newbie-Needs-Help-Starting-Collection

Newbie-Needs-Help-Starting-Collection

Newbie-Needs-Help-Starting-Collection
Valued Member
United States
54 Posts
 Posted 10/12/2016  7:49 pm  Show Profile   Bookmark this reply Add IamCam to your friends list Get a Link to this Reply
I learn from reading these posts! Mvl, what would you consider a good price for a bag of wheat pennies on ebay? I didnt know that could be done. I would like to pick up a few Whitman folders for my grandaughter, and liked how you went about obtaining coins for your nieces to fill folders up.
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GR58's Avatar
United States
11951 Posts
 Posted 10/12/2016  9:43 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Collecting from roll hunting can be fun... but in most cases you are
going to put together sets that will be worth face value.

With roll hunting there is a good chance you might find some coins
that will be worth more than face.

Mostly searching half dollar, quarter or dime roll boxes.
But those boxes will cost $250 to $500 per box.
Of course you dump the coins you don't keep.

With nickel boxes, after some work .. and searching many boxes
you might be able to get a full set .. or most of a full set.
A full set of Jefferson nickels will have 11 War Nickels (silver)
and a few key/semi key dates. Those Jefferson's would be
worth more than face ... but not a lot.

Searching cents ... you will find some wheat's, worth 2 to 5 cents each.
Good chance a Memorial set could be completed.

If I was going to banks I would be asking for customer wrapped rolls.
Half dollars, quarter and dimes ... in hopes of finding silver.
Also ask for Ike dollars ...trying to get BU coins.
Ike's are a very nice set to put together, and seemed to becoming
more collectable.

Someone asked about good price for Wheat cents, I think the average
price is around 5 cents each.

If I was making suggestions to a new collector
Do a U.S. Type set , like Dansco 7070
Many coins would be pretty easy to find.
The harder coins save up ..say $50 and look for a good coin
for the empty holes.

You might want to have a set or two to work on while
your taking years to do your type set.
Look at Walking Liberty or Fanklin halves.

If your near a good local coin shop, going through their 90%
silver coins ... stack as many as you can.

If you end up really liking this hobby, you will figure out
other coins you like .. as your ability to buy more expensive coins
grows .. so will your collection.
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augsburger's Avatar
Germany
1063 Posts
 Posted 10/15/2016  01:10 am  Show Profile   Bookmark this reply Add augsburger to your friends list Get a Link to this Reply
The one thing I'd say to anyone who starts collecting is, collect what you want to collect.

It seems that lots of people feel that collecting is just collecting by year and collecting by mint mark until you fill a folder that basically tells you what to do. I can understand this, but at the same time maybe this isn't what interests you.

I collect world coins, I just get whatever I can get and try and make sets from different countries. As a traveller this is what interests me, and that's the most important thing. For most people you'll never have a decent investment, and if you want to invest then it's not a hobby really.

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231 Posts
 Posted 10/15/2016  04:09 am  Show Profile   Bookmark this reply Add Thecollectible to your friends list Get a Link to this Reply
Not sure anthing about United States coins but have some of them right with me and keep it up on collecting them for the hobbies fun
Valued Member
United States
54 Posts
 Posted 10/28/2016  9:45 pm  Show Profile   Bookmark this reply Add IamCam to your friends list Get a Link to this Reply
I am newbie myself, who inherited a few coins that have sat around for years until I now found time and interest to appreciate them.

I always liked the Buffalo nickels, and I figure I can start with an inexpensive run of them and trade up later if I want. It is a way to get started and see how things work.

Have you started collecting anything yet?
Edited by IamCam
10/28/2016 9:49 pm
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