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 Replies: 16 / Views: 2,518 |
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Pillar of the Community
Australia
1333 Posts |
 have some coins but trying to get in to the game any sugguestion on what to collected for beginners?
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Moderator
 United States
14463 Posts |
Coin sets built from circulation is a good place to start, since the coins are readily available and not too expensive to save. |
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Pillar of the Community
 Australia
1333 Posts |
thought about building from circulation, already have some but I dont think it is thats wide enough range especially in the australian market. However I looked at international coins and it feels too broad a group. Also can you give some advice on Proof items as I feel that only a good dealer or direct from mint is the best choice for these items as ebay and private sale/auctions should be avoided? |
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Pillar of the Community
United States
1494 Posts |
Welcome to the forum. I get a lot of my stuff online, some from ebay. I've never had a problem except one time. I hadn't read the feedback before I ordered. I should have. It would have saved some headaches. So if you're careful, you should be fine. |
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Pillar of the Community
Australia
1333 Posts |
thank you for the advice owatchman.
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Pillar of the Community
 United States
4587 Posts |
tp CCF! Pick something you think you like and give it a try. If it doesn't hold your attention for long, try something else. Popular topics are favorite animals or objects (trains). Or what's called OFEC (One From Every Country) - there is a Yahoo! group called "Everycountry" that has a checklist going back to the beginnings of coin issuance - you can filter by years to create your checklist. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
5029 Posts |
to CCF |
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Moderator
United States
187582 Posts |
to the Community! |
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Pillar of the Community
United States
8715 Posts |
to the CCF! |
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Pillar of the Community
Australia
1333 Posts |
@BStrauss3 so it doesn't really matter what it is as long as I focus on something that interests me. An ebay question would something like this be faked https://www.ebay.com/itm/2000-1-oz-...152922190017and why would NGC take the coin out of original capsule? https://www.ebay.com/itm/2000-AUSTR...AOSwqjpapXVbhttps://www.ebay.com/itm/Australia-...172328564931i am guessing these are all fakes there are sooooooo many. If say I wanted to sell mines which is real how do I show good proof that it is REAL, is there any standard? like I have noticed that the prices of these can range widely (normal proof I know there is a frost proof version), so prices cant be used as an indicator of authenticness what can you use if their feedback count is on the low side or should be like not picture no deal kind of thing? |
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Pillar of the Community
United States
4587 Posts |
Why? Money of course... somebody (probably a dealer, slabbing 1000s of coins) paid to have them encapsulated in the NGC slab. The game there is that the 70s sell for a lot of money and the 69s are breakeven at best. If you get a good ratio, you make money (remember, bulk grading is widely reported to cost dealers $5/coin) How do you show it's real? The TPG's answer is "have it slabbed, we'll check it and our slab is the guarantee" (that you pay extra for this service is left off the equation - but of course you are going to want to get your cost + slabbing fees back when you sell, so you are hoping for a 70). I honestly doubt there are that many fakes of a bullion coin out there. But certainly a lot of people trying to sell an ounce of silver for 5x melt because it's a shiny proof or 'special' reverse proof. Certainly you can protect yourself a bit by sticking to established sellers with large feedback #s and few negatives. If you were the new guy trying to sell, you would say that's unfair, but how else to tell? Do remember that # minted is only part of the equation - demand is the other. Why else does an 1909S VDB Lincoln (mintage 484,000) sell for more than an 1864 Three Cent Silver (mintage 12,000) in EVERY grade? Demand. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Bedrock of the Community
Australia
21786 Posts |
A good and inexpensive way to start, is to take the best condition possible commemorative coins of all denominations from circulation, for face value.
I have about 200 types.
Some are tempted by bright and shiny proof silver NCLT coins, but I have almost never been tempted, except when I am lucky enough to obtain them at close to bullion value.
You can always go down the track of building a penny set from dealers' junk boxes, many have done that.
I was lucky enough to get into Australian gold coins in my teen years, but that is another story - I had a fairly substantial income from work at that time, working for my father, from about 12 years old.
Australian silver coins can be a little more expensive, but I started collecting inexpensive World coins from about 30 years old, because most of my spare money went into a mortgage, although I introduced myself to ancient coins after a lot of reading beforehand.
What you may be interested in, will be largely influenced by your budget.
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Bedrock of the Community
Canada
24885 Posts |
To the Forum. |
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Pillar of the Community
United States
1795 Posts |
to CCF. |
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Bedrock of the Community
United Kingdom
17883 Posts |
from England! You could go for a type set of English copper and bronze coins from George III to Edward VII - representing coins that would have circulated in Australia before 1911. Many of them should be available fairly cheaply, and, if you get hooked, you could start trying to complete one of the reigns by date. |
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Bedrock of the Community
Australia
21786 Posts |
The British coinage system in Australia was finally and firmly established in 1825, when a large supply of freshly minted British silver was received from The Royal Mint and landed at Sydney Cove, for release into general circulation. It is from this date that all British coins from 1825 until 1910 for silver and gold, and 1911 for bronze, can be considered as part of Australian coinage history. Generally, only the half sovereign circulated in Australia. That is why Australian minted half sovereigns are scarcer, and are found in poorer condition for the earlier dates. The sovereign was more used as a store of wealth by the local population, from 1820 until 1914, as well as for overseas bullion payments. Collect anything British 1825 to 1911, and anything minted in Australia up the the latest issues of decimal coinage, that are within your budget. I once had a complete type set of 17 of Australian minted gold coins, long since sold. Currently, I am collecting two examples of the best condition obtainable, of any commemorative coin, any denomination, that I can take out of circulation, at face value. That's opposite ends of the budget scale for you!  |
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Replies: 16 / Views: 2,518 |
Posted 03/12/2018 01:03 am
