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Replies: 16 / Views: 2,455 |
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Valued Member
United States
196 Posts |
HI EVERYONE.  I wanted to ask, while starting out at first collecting coins for my kids. I am starting with wheat backs and Lincoln's and also State Quarters in books. What is the best method on getting coins, getting rolls at banks? Cause I'm finding they don't like that where I live. Lol. Or do I order through the mint or where? Sometimes I just go through my pocket change. I am hoping that's okay. What can I do to be more professional with collecting coins? Advice would be greatly appreciated.. thank you so much..   
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New Member
United States
11 Posts |
Those books are fine for me if I was a normal new collector. But in time they are still exposed to elements in the air. And also with the books some of them list high dollar doubled dies that would need filled. I personally like to use 2x2 flips purchased at your local coin store and then ask them for few pages that the flip can go into. Basicly you will make your own D ring folder for the pages and organize the coins in the order you make them. You can also go with 1.5 flips instead of 2x2 to get more coins filled on one page. Once you know the pages and flips you can easily order them cheaply from ebay. Also in doing this I recommend a stapler to staple the coins but the stapler should make the staple flat on the back side so as not to rip the plastic pages or not to scratch or dent your other coins when it starts to get a lot of weight to it.
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Pillar of the Community
United States
3463 Posts |
Nice looking collection so far! Get the coins you need anywhere you can find them! It would be tough to fill a Wheat cent folder from circulation, but there are many places to buy common date wheat cents for a reasonable price. Maybe start with buying some rolls of wheat cents (they are cheaper that way) then but the other tougher dates from coin dealers.
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Rest in Peace
10197 Posts |
Great question! To find most contemporary coinage you do need to look through a lot of coins, more than just pocket change, that would take forever! So yes, searching coin rolls is actually the most efficient way to do that. Your bank should be the source for obtaining these rolls, whether individual or by the box ($25 Pennies, $100 Nickels). The problem comes in returning these coins. We call it "dumping" , "dump sites". Some banks if you have an account, will gladly give out/order boxes for you, the nicer ones will take them in. Banks that have coin counter/sorter machines that routinely do this for businesses may allow you to dump yours, hopefully without any charge or fees like a Coinstar machine does. Ideally that is what you want to find, free source and return. Some coins like the older Wheat cents are nearly impossible to find all issues but the most common of the 40/50's dates in circulation any more. These you can purchase in rolls or bulk quantities, may cost a bit, but can make a family day out of searching. Wheat cents I know, bought quite a few. Same with the older Jefferson nickels, you can still find the common high mintage ones, but the Key dates, hardly ever, if you do find it in a roll, celebrate! Above all keep it fun!  Like that quarter book, mines full, yea! Has all the issues including the territories that other folders lack!
Edited by Crazyb0 03/20/2017 8:40 pm
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Valued Member
 United States
196 Posts |
Thank you so much everyone
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Bedrock of the Community
United States
10034 Posts |
As a word of warning, most of the ebay sales offering unsearched coin rolls are not legitimate. There is a scam market of this on ebay, and many people get suckered into it. Make friends with a local coin shop and tell them what you are trying to do. They will most likely work with you. By local coin shop, I don't mean the "We Buy Gold!" type places that exist to take advantage of people, but an actual coin shop.
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Valued Member
 United States
196 Posts |
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Rest in Peace
United States
18456 Posts |
I feel for you because getting into coins now is a lot different than back in the old days . CRH now is a hit or miss proposition ,with mostly misses unless your into errors and varieties . a good way to find coins of interest is to check your change whenever you receive it . You can get your feet wet buying or bidding coins on E-Bay . But we can't stress this enough, be care full not to fall prey to scams , fakes, and dishonest sellers . Experience will pay off in time . We also don't want to scare you away from E-Bay; As many CCF members participate either in selling or buying on the Bay . Good luck with collecting . 
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Valued Member
 United States
196 Posts |
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Bedrock of the Community
United States
10034 Posts |
T-bop - thanks for adding that biy about ebay not bring a totally bad place. The unsearched rolls scams are bad, and or course, Lelah, if you are wondering about a coin on ebay - ask the people on this forum about their opinion of it. We have experts that can ID fakes, bad deals etc. ebay is actually a great place to buy from, but like everything else - a little education goes a long way.
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Valued Member
 United States
196 Posts |
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Pillar of the Community
United States
1000 Posts |
Going to banks for rolls works for cents, and it can be fun too. If I turn my head to the left a little, I can see the three boxes of cents on the ground that I'm working my way through. I'm not sure how many wheat cents you'll find this way -- I haven't had many -- but if you start looking for errors and varieties, you'll have more fun. If you need wheats, Crazyb0 on ccf has a decent batch in the classifieds section. I would definitely buy from him before buying "unsearched" rolls on ebay.
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Pillar of the Community
United States
2200 Posts |
I've had nothing but good luck getting coins I want from ebay.
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Bedrock of the Community
United States
20753 Posts |
Keep away from ebay and other on line sites if possible. In so many instances people only get ripped off. You should try asking everyone you know for old cans, jars, boxes of coins laying around. Look up coin shows in your area too. Those are the best places for coins. I know how banks are getting ticked off about roll coin collectors. They have a habit of getting a lot of rolls, opening them all and then taking them back to that same bank. To stop this by me, BOA has a new policy. You bring in coins, they put them in a plastic bag, send out for counting. And then the amount is entered into your account. And there is a fee for this too. NO account? Then they send you a check and a larger fee for that too. Some banks refuse to give out rolls of coins unless you have an account there and the account must be set up for coin distributions.
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Valued Member
United States
123 Posts |
I have three sets of Lincoln pennies that I have started over the years. I would have books that are only printed into the 1970's so I would buy new books and write in the date on the old ones and keep on adding new coins. My books look like a picket fence because I am missing so many Philadelphia coins. It takes a long time to have a coin travel to Montana and they are worn by the time they get here. I do buy coins on ebay and also Littleton coins....but I usually leave the coins in the cello wrappers!
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Bedrock of the Community
United States
10034 Posts |
Search this site. There was a thread about trusted ebay dealer. I know one is oozentoo. He is also the guy who owns the local coin shop near me. A great guy to deal with and honest.
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Replies: 16 / Views: 2,455 |