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Ok, Getting Started Collecting... What To Do..

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Author Previous TopicReplies: 7 / Views: 1,146Next Topic  
New Member
bio_research's Avatar
United States
18 Posts
 Posted 04/06/2008  11:32 pm Show Profile   Bookmark this topic Add bio_research to your friends list Get a Link to this Message Number of Subscribers
I started posting on here the other day because I had some coins in a few boxes that I found in my grandfathers stuff. They were in a big box of stuff he wanted me to have. Anyway... There are some nice coins in there... some Morgans, a 1837 Feuchtwanger, a 55 double date.. I am really getting into this now and want to get my own collection going. I am taking some of the nicer coins from his collection and putting them in a nice display case in my office. I don't have much money and I have been reading about some of you going through rolls from the bank. If I wanted to start doing this... what would I look for... where do I start.. I never really introduced myself, but HI :) I'm a Newbie... I was thinking that here in southwest FL the banks might have a lot of good coins being turned in... you know.. all the old ladies with those buckets of silver sitting in the closets.

*** Moved to Main Coin Forum by Forum Dad ***
Valued Member
j-easy's Avatar
United States
178 Posts
 Posted 04/06/2008  11:44 pm  Show Profile   Bookmark this reply Add j-easy to your friends list Get a Link to this Reply
i have been thinking of doing the same thing from what I have read here you should go with what you like, as far as completing a set I read that nickels are easiest, and for getting silver for bullion value havles are the best but can be hard to get at the banks, pennies also seem to be very popular. both dimes and quarters aren't very popular. I would recommend checking out the threads on here about it, there is all kinds of information about roll searching. and I have also read that the RedBook is a great tool because it will show you the key dates and most valuable coins in a series.
Pillar of the Community
Bilbo's Avatar
United States
812 Posts
 Posted 04/06/2008  11:50 pm  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
I recommend starting with buying a book: The Red Book (A Guide Book of United States coins by R. S. Yeoman).

Then I recommend deciding what you want to collect. If your decision leads to the types of things that may well be found in rolls from the bank, then you can begin your search. There are several websites and books that can provide guidance in what to look for (errors and varieties of modern coins).

Finding silver coins in bank rolls does happen on occasion, but it is not very common, at least not in Indiana. I suspect Florida is not much different in that respect.
Pillar of the Community
NGiles's Avatar
United States
527 Posts
 Posted 04/06/2008  11:54 pm  Show Profile   Bookmark this reply Add NGiles to your friends list Get a Link to this Reply
The best advice I can give is to do your research before you buy anything. This site is a good place to start. Choose a denomination that you are most interested in and just dive in. I started with Morgan dollars, and nothing else has yet to interest me.

Many people on this site are the experts in their field, and they will be more than willing to give you links to helpful sites. Ask as many questions as you like, the people here are eager to help. Many sites have check lists for when you are roll hunting, they cut down the work considerably.

As for displaying your coins, I would be cautious, keep them secure. Displays have been lost to sticky fingers before.

Most of all take time to enjoy what you are doing. Coin collecting can be addicting, don't forget to eat and sleep.
New Member
bio_research's Avatar
United States
18 Posts
 Posted 04/07/2008  12:24 am  Show Profile   Bookmark this reply Add bio_research to your friends list Get a Link to this Reply
I like looking at a penny and thinking... man this was once worth just one cent.. not it's worth $75 or whatever... it's strange to me... here is the one I found in the box that got me thinking

https://goccf.com/t/28339

Pillar of the Community
Prethen's Avatar
United States
3234 Posts
 Posted 04/07/2008  09:37 am  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
There are some fantastic general-type collection books out there. I strongly recommend looking into getting Bowers book on U.S. Type Coins or possible Bowers book on U.S. History of Coinage (1988) which I'm about to get myself. One of the best compendiums of knowledge (albeit expensive and harder to find) is Breen's Encyclopedia of U.S. Coins.
Pillar of the Community
Jaobler's Avatar
United States
6384 Posts
 Posted 04/07/2008  2:20 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Can you post some more pics of your coins? I'd particularly like to see the "55 double date". If that is a genuine 1955 double die cent, it's likely worth at least $500 and possibly much more depending on condition.

As NGiles, says, it's risky leaving valuable coins out on display. I'd pull them out of secure storage to show them off, then lock 'em up again!
Valued Member
Bobbi's Avatar
United States
85 Posts
 Posted 04/07/2008  5:33 pm  Show Profile   Bookmark this reply Add Bobbi to your friends list Get a Link to this Reply
N Giles said: "Many sites have check lists for when you are roll hunting, they cut down the work considerably."

I'd love to check some of those out. Would someone point me in the right direction, please. I googled "checklists for coin roll hunting" but got nothing. Thank you for your help.
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