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New Member, New Collector! Advice For A Rookie?

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Author Previous TopicReplies: 10 / Views: 1,498Next Topic  
New Member
Arosehunting4tpf's Avatar
United States
1 Posts
 Posted 04/18/2020  07:56 am Show Profile   Bookmark this topic Add Arosehunting4tpf to your friends list Get a Link to this Message Number of Subscribers
Hi :) my name is Auburn Rose Hunt,born & raised small town VA. I am very new to collecting coins but I have quickly grown a love for it. I like anything old, and for some reason I am very intrigued by old money. Especially old coins. I am Always wondering what someone 70 years ago bought with the coin in my hand now. & I'm fascinated by the way their made in which they are made as well. I love examining the intricate detail on each coin & I'm starting to think each coin is almost one of a kind!
ANYWAYS, I have SO MUCH to learn still & I joined this forum in hopes that someone out there would send this rookie some advice for my new journey into coins. Also could use some direction with particular things to look for in my current collection & future coins. Such as important years, error coins, limited ones made, terms(double die, mint state?) etc. Like I said I am VERY new to this and any & all advice or suggestions will be duly noted & greatly appreciated!#9825;#9825;
Bedrock of the Community
United States
20753 Posts
 Posted 04/18/2020  08:30 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

To start you may want to look into buying what is called the Red Book by Whitman Publishing. It is a book on coins that comes out with a new version every year. It lists almost all US coins, their mintage quantities and approximate values. Secondly, spend some time looking at ebay on the internet. Don't buy stuff there but just spend time looking up info on coins. Learn to be careful of all the scams out there on coins too. That part is tricky so be careful. Ask people you know from work or school if they have any old jars, boxes, cans of coins laying around that you could look through. Visit garage/yard/estate sales and ask for any old coins. You have to ask. People normally will no put out coins for sale on tables. Learn the places for buying Folders, Albums, flips, etc for coins such as Wizard coin supply on the internet.
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matthewvincent's Avatar
United States
3486 Posts
 Posted 04/18/2020  08:33 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Good Morning Auburn Rose and welcome!
A new collector is always advised to obtain a copy of
"A Guide Book of United States coins" by R. S. Yeoman.
While the values for coins are not really useful it is an interesting and informative read.

Please tell us what particular coins interest you. Lincoln Cents or Morgan dollars? We have members who specialize in every denomination and type of coin. They can assist you with specific questions.

Take it slowly and explore the many topics available here. The amount of information here can be mind boggling!

" I am Always wondering what someone 70 years ago bought with the coin in my hand now..."

And I wonder how a dime minted in Carson City, Nevada traveled to New York City is such a nice state of preservation! You have a great understanding of what constitutes the "Romance of Coins."

Enjoy the CCF site.
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fplagge's Avatar
United States
656 Posts
 Posted 04/18/2020  09:40 am  Show Profile   Bookmark this reply Add fplagge to your friends list Get a Link to this Reply
Visit the Numista website (https://en.numista.com/)
There is information there on just about any coin you can imagine. AND - you can actually swap coins there with its members.
Do not, however, go by the values Numista puts on the coins. Their values are established by a very limited amount of collected data.

For values, you might try https://www.NGCcoin.com/
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 04/18/2020  09:43 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
To CCF , The Red Book was a good recommendation by our fellow members . I also want to say keep reading our threads and posts on this forum , you will learn a lot of information from the members here . And ask us any questions you may have with photos of the coins in question .
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owatchman's Avatar
United States
1494 Posts
 Posted 04/18/2020  8:30 pm  Show Profile   Bookmark this reply Add owatchman to your friends list Get a Link to this Reply
to CCF!
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Dorado's Avatar
Canada
24885 Posts
 Posted 04/18/2020  8:35 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
To the Forum.
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oriole's Avatar
Canada
5238 Posts
 Posted 04/18/2020  8:49 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
to the CCF. it is a great place to learn.

Others have said something similar, but I will say it again.

CAVEAT EMPTOR: Let the buyer beware.

Don't be in a rush to buy anything until you are confident in your knowledge. For every great deal you miss you will avoid 100 bad buys.

Buy the books, study them, study grading, see what fakes look like. Get some rolls of coins from the bank (when it is safe to do so) and examine them in hand, although you will not find many over 70 years old.

Ask questions here.

Visit some Local Coin stores (when the re-open), look at the merchandise and ask questions. You might be lucky and find a good one.
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BStrauss3's Avatar
United States
4588 Posts
 Posted 04/18/2020  9:16 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
You might consider focusing on Nickels. You can find V nickels (up to 1912), Buffalo nickels to 1938 and Jefferson since.

Back in the day, a nickel was a hard-working coin, but also made out of a hard alloy. So they're available in the mid grades ad affordable but still have a lot of detail.

We think of a coin as something you get in change, throw into a jar and dump in the Coinstar every couple of months. Back then a Nickel might get used 10, 20 times a day. Streetcar rides, Lunch at the automat, a beer after work... it would never have seen the inside of a bank.

But look around and figure out what talks to YOU.
-----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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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 04/18/2020  10:54 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
to CCF!

My advice to anyone is to always buy the best you can afford. Avoid problem coins and stick to coins with great eye appeal and original surfaces. It will take a longer time to complete a collection, but you will have a much better collection. Also, ask questions or get a second opinion when you're in doubt. We can save you from making some very expensive mistakes . Overall, I hope you enjoy this wonderful hobby as much as we do!
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jbuck's Avatar
United States
187702 Posts
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