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 Replies: 12 / Views: 1,236 |
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Valued Member
United States
135 Posts |
When I completed my Lincoln Cent set a few years ago with the addition of the keys I was elated. To hold the completed album, looking at the coins, filled me with a sense of accomplishment. For a while. Then the feeling of "What do I do now?" crept in. Now, retired and with limited income to spend on new coins I have the simple task of adding the current year's P & D coins to bring everything up to date. Not much of a challenge anymore. Anybody else face this problem? |
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Moderator
 United States
187702 Posts |
Nope, especially since my LHC set is not completed. I also have the 7070, IHC, Buffalo nickel, and Mercury dime sets in various states of completion. When those are finished, I will be tempted to dive into the dark-side; unless I catch Overton or VAM fever.  I understand your point in that you have limited income, but I cannot honestly relate to that just yet. Maybe you can start into world coins, they tend to be way undervalued, or so I have read. |
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Pillar of the Community
United States
1083 Posts |
You bet. I am retired also with a limited income. I have had this problem myself. The what next deal showed up for me with my Franklin Set, my 7070 Type Set and I just finished my Buffalo nickel set. When I finished the Franklin set, mostly circulated coins, I started up grading to BU or Proof. I found that good buys can be had on ebay if you are patient and I also found some on my local bid board. Now I have finished that one and it is all BU and proofs, some with beautiful toning. Sure looks nice. I am still upgrading the 7070 to AU or BU, a more expensive proposition, but it keeps me in the hunt. I will also start to up grade the Buffalo set as I run across good examples. You should be proud of your complete Lincoln set. I still lack the 1914-D and the 1909-S VDB. Even so I have been upgrading that one to BU coins as I run across good deals. I just won a bid at my local coin store for a MS-63 RB Toned 1924 for $11 bucks. A bargain in anybodies book. Why not start hunting for upgrades to your Lincoln set? You could also start something new like a Franklin set. Still affordable and it has some upward price potential in the better grades, or just anything you like. Peace dollars are still an affordable set. Good luck. |
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Pillar of the Community
United States
6326 Posts |
Quote:
Then the feeling of "What do I do now?" crept in. Now, retired and with limited income to spend on new coins I have the simple task of adding the current year's P & D coins to bring everything up to date. Not much of a challenge anymore.
Anybody else face this problem? Nope !......You just need more challenges !! I try to get 32 things going simultaneously with my collection and not get ANY complete ! There are too many sets I have to complete and too many favorites that I want to pursue. Whether that's "sets" or "albums" or "individual coins" or "batches" of Wheat Cents, etc etc. I completely understand the "limited income" issue you have as I know many "retired" people or retired people who still continue to work to supplement their income. But I would say that you could still pursue other sets in average/inexpensive grades......dunno.....it just depends on your "extra/discretionary" money.......if you have little to none of that........then you might just have to be "bored".......  You could always sell what you have and begin collecting "other types" of coins........use the money from the sale to pursue them just for fun maybe ?..... |
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Pillar of the Community
United States
666 Posts |
There are LOTS of things that you could work on. Jefferson's are a pretty easy set to put together through coin roll hunting. You'll end up having to buy a few of them, but any money you have to spend can be offset by the War Nickels you'll pick up while hunting. Roosevelts are also a fun set to work on. You can coin roll hunt everything from 65 on. And the silvers can be picked up for close to melt (roughly a buck a piece). A Twentieth Century Type Set can be a blast as well and you can get the majority (if not all if you're persistent) through coin roll hunting. The great thing about coin roll hunting is that it doesn't really cost anything. All the coins you keep you're getting at face value. |
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Moderator
United States
187702 Posts |
Quote:Jefferson's are a pretty easy set to put together through coin roll hunting. You'll end up having to buy a few of them, but any money you have to spend can be offset by the War Nickels you'll pick up while hunting. Quote:
Roosevelts are also a fun set to work on. You can coin roll hunt everything from 65 on. And the silvers can be picked up for close to melt (roughly a buck a piece). Good choices!  Quote:
The great thing about coin roll hunting is that it doesn't really cost anything. All the coins you keep you're getting at face value.  |
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Pillar of the Community
United States
3233 Posts |
Time to move backward.
I hear 3CN calling your name!
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Valued Member
 United States
135 Posts |
Jeffersons, Roosevelts, Washingtons, State Quarters - been there done those. Almost all pulled from change since the early 60's. World coins were fun with my daughter when she was little. Canadian is still open though the cheapies are dwindling a few a month. |
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Pillar of the Community
United States
666 Posts |
All right then... If moderns aren't what you're wanting to go for... Then what about circulated Barber dimes or halves... the majority of those sets can be picked up for close to melt value. Halves might actually be a little bit easier to accomplish as there are so many semi keys in the dime series. The most fun I've ever had with a set was my AG-G Barber dimes. Or if you're willing to spend somewhere in the neighborhood of $25 a coin then what about well circulated large cents. The majority of those from 1800 on can be picked up for less than $20 each. No question that you can put a date set together or large cents from 1800 on for under $20 a coin. Capped Bust Half Dimes can all be had for around $30 in well circulated grades. There are only a couple of keys in the capped bust set... the majority of those can be picked up circulated for under $30. The first 3 Seated dime varieties can mostly all be picked up for similar prices... Circulated Franklins can be picked up at melt value and are a pretty fun set. I mentioned the 20th century type set... Another fun set to put together is the Dansco 7070... but in order to keep it reasonable, instead of trying to get the BEST example of each coin, try and pick up the WORST example of each coin... set yourself up with some rules and go to town... Just try and find a FR2 Kennedy, Ike, State Quarter, etc... |
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Pillar of the Community
United States
4541 Posts |
with coin roll hunting |
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Pillar of the Community
United States
6326 Posts |
How "limited" is your "limited income" is the FIRST question. That will eliminate many choices and put a focus in the proper direction.
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Rest in Peace
United States
1729 Posts |
Sounds to me as if you need to decide what you like about collecting coins and then move into that direction. Obviously on a set income collecting for investment purposes is out, so pure enjoyment is going to have to take over. If you enjoyed Lincoln cents, why not move outside the borders of the USA and go for Canadian cents or UK pennies or other bronze coins which are easily obtained at minimal cost? Try a few grab bags; if you get lucky and actually find a coin that's worth more than what you paid for the entire bag, you could sell it and invest that amount in another bag, or several rolls, or whatever your fancy leads you to.
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Valued Member
United States
152 Posts |
i agree with pls, definately do a 20th century set
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Replies: 12 / Views: 1,236 |
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Posted 09/04/2008 4:50 pm
