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Wartime Coinage Collection

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United States
17 Posts
 Posted 12/17/2017  7:45 pm Show Profile   Bookmark this topic Add Wyko to your friends list Get a Link to this Message Number of Subscribers
This is one of three coin collections. Are they worth anything?

I just started coin hunting when I unrolled pennies that have been in a box in the closet for 30 years. My husband told me he rolled them during his senior year to save money. I (We) have 40's, 50's 60's, 70's and just the 1980 pennies. I am reading and reading about these coins, but as I read the more I don't know.

Can anyone share what I might look out for? I have checked for the 1943 Steel and no luck, but I find myself so intrigued by this hobby, of which is my first hobby EVER! Teaching High School science seems to take up so much time, but it is amazing how much time I have now to look at coins!

Thanks in advance for sharing your knowledge!!

Wartime-Coinage-Collection
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oriole's Avatar
Canada
5239 Posts
 Posted 12/17/2017  8:06 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
You are very smart to read and ask before making any expensive decision. You have come to the right place.

Learn about grading, and how recognize what is rare and what is common. I am sure that you can get some good advice about books and web sites here.
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USSID18's Avatar
5464 Posts
 Posted 12/17/2017  9:45 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
to the forum.


Quote:
Can anyone share what I might look out for?


That's a difficult question to answer when it comes to coin collecting. You have to find your passion and which coins you want to concentrate on. There are so many different variables. From where I sit, condition is everything for me today. I started slow many years ago as a kid. I just filled holes in the Whitman albums. U.S. Cents, Nickels, Dimes and Quarters. Then I started slowly upgrading the albums with better (condition) coins. Today I also look for error and variety coins.

You have a good start with that wartime set.


P.S. What do you mean by: one of three coin collections?

Also, we need to see better (close-up) pictures of your coins (both reverse and obverse) to determine the condition and value.
Edited by USSID18
12/17/2017 9:50 pm
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spru's Avatar
United States
12477 Posts
 Posted 12/18/2017  02:14 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply


You have come to the right place!

To start, all of those nickels you showed are called " War Nickels" and are 35% silver. They are distinguished by the large mintmark (P, D or S) over Monticello's dome on the reverse. Even in worn circulated condition, they are worth about $1 each.

For what to look for, I highly suggest getting a current edition of the Red Book. It has a lot of information in a small package and a low price. When you get one, use the prices as a comparative guide only. Those are not the prices you can expect to get when selling.

It provides pictures of major varieties to look for and covers most of U.S. coinage. If you are interested in more specific types, like Lincoln cents, Whitman also publishes more in-depth books about those types.

I hope this helps.
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moxking's Avatar
United States
17900 Posts
 Posted 12/18/2017  08:31 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Excellent advice already. You've already done one of the two most important things you could do, which is joining us

The Red Book, as mentioned above, is a must have guide that gives you great basic information, although also as mentioned, their prices are generally very high.

If you begin to find one or more areas that are of particular interest, it is likely that there are books for almost any specialty. As a teacher you know reading makes a huge difference in any field.

Although grading and error types are areas that you will tackle as you grow, I would make two other suggestions.

The first is that once you have an area of interest you should make a want list. The more specific it is, the better it will serve you. Including an exact grade range and prices commonly seen for those coins is essential.

Common coin prices can be seen with the ebay sold filter.

If you become interested in TPG coins there are other auction houses that specialize in better quality coins.

Last, I might suggest a type set as one of your first serious goals. Search here for building type sets and you'll have tons of great information.

Really last
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jbuck's Avatar
United States
187702 Posts
 Posted 12/18/2017  10:24 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
The coins are not particularly high value, but I think the set is fun and worth keeping as it is.
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ljenkins990's Avatar
United States
406 Posts
 Posted 12/18/2017  11:35 am  Show Profile   Bookmark this reply Add ljenkins990 to your friends list Get a Link to this Reply

Quote:
The coins are not particularly high value, but I think the set is fun and worth keeping as it is.




I have a similar set I inherited from my grandfather. The overall set isn't worth much more than the individual coins themselves but it's a great display!
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/18/2017  3:22 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
It's a great first step though!



to the CCF!
New Member
United States
17 Posts
 Posted 12/19/2017  7:03 pm  Show Profile   Bookmark this reply Add Wyko to your friends list Get a Link to this Reply
Thanks so much for all the information. I am leaning toward error coins, I found one in the above collection. Ordering the Red Book today to gain more knowledge of this fascinating hobby. Everyday is a new treasure in the making!

Thanks for taking the time to respond,
Tiffany
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Debrajc's Avatar
United States
4211 Posts
 Posted 12/19/2017  8:43 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
and the Red Book is a GREAT source of information...along with our experienced forum members.

Enjoy your first hobby ever!
New Member
United States
17 Posts
 Posted 12/20/2017  10:24 pm  Show Profile   Bookmark this reply Add Wyko to your friends list Get a Link to this Reply
I am enjoying your community. The forum members are so educational!
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