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Do You Buy Coins?

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New Member

United States
43 Posts
 Posted 11/18/2008  10:05 am Show Profile   Bookmark this topic Add wheatnut to your friends list Get a Link to this Message Number of Subscribers
Hi very one,
I've been collecting coins for about a year, and I haven't bought one coin. I manly go through pennies and nickels, my collection so far is.
tons of wheat's oldest 1914
Indian Head penny 19043 vg
tons of canadians, I keep them all
5 george the 6th pennies
one Buffalo nickel
onlmost a complete set of jeffersons
and lots of foriegns

also some that were givin to me by my grandparents
Morgan dollar
Peace dollar
Mercury dime
Indian Head penny
and some old silver african coins

i was wondering if anything is valuable, and if any one else does this or if I'm just weird
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SpringCypress's Avatar
United States
666 Posts
 Posted 11/18/2008  10:13 am  Show Profile   Bookmark this reply Add SpringCypress to your friends list Get a Link to this Reply
Looks like you've done a great job! Finding an Indian penny in circulation is no small task.

As to their value, I would suggest buying a copy of the RedBook. I usually get one that's a year or two old at the used bookstore... It will give you an idea of what your coins are worth and it will also give you an idea of what coins to hunt for.
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mycrob's Avatar
United States
2602 Posts
 Posted 11/18/2008  10:20 am  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
Not weird at all. There are several roll hunting threads throughout this forum- go to the modern coin topic heading and you'll see threads for JFK, Jefferson nickels, FDR dimes and Washington quarters. Some folks do roll hunting as their primary means of accumulating their collection. It's inexpensive, it's fun and allows for searching for rare varieties in unsearched coins. Keep it up!
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Bryan1315's Avatar
United States
14454 Posts
 Posted 11/18/2008  11:18 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
since I don't collect anything that is in circulation I have bought every coin I have in my collection unless they were given to me by someone else
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biokemist6's Avatar
United States
12437 Posts
 Posted 11/18/2008  12:30 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
You might want to edit your title to reflect proper spelling, I thought you were referring to BIE Lincolns

And yes, I do buy many coins. However, many people start out by roll searching so you only "buy" coins for face value that way If you are happy assembling a collection that way, there is nothing wrong with it. Of course, you might eventually develop a taste for collecting something that is not easily found by roll searching so you will have no choice but to purchase coins at that point.
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Metalman's Avatar
United States
7123 Posts
 Posted 11/18/2008  2:26 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Hi Wheatnut Welcome to the Forum !

I fixed the title for you.

It sounds like you have done well from roll searching .

I still roll search and enjoy the time I spend doing that ,I also buy coins which I have a deep relationship with ,including Wheat and memorial cents ,mercury dimes and seated 1/2 dimes and dimes .

In the last year or two I have spread out into world coins and truely enjoy some of the designs which can be found on those .

The type of coins collected is only limited by any limitations you set for yourself .

your welcome to look through my gallery , just click the link in my sigline .

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KurtS's Avatar
United States
5318 Posts
 Posted 11/18/2008  3:05 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Those are some very nice circulation finds!
I also find "the hunt" is the most satisfying part of collecting, although I usually hunt at dealers.
I have found a few of the wide AMs in bank boxes...but your finds are more interesting.

I think you'll enjoy seeing all the great coins people get from the bank. Be sure to post pics.
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jbuck's Avatar
United States
188052 Posts
 Posted 11/18/2008  3:09 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Most of my coins have come from circulation, but I do buy coins as well, like modern proofs. Also, there are some coins that I want/need that are unlikely to be found in circulation, like certain LHC key dates!
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Sap's Avatar
Australia
16816 Posts
 Posted 11/18/2008  5:25 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
About 1/5th of my collection I've picked out of circulation or been given by friends or relatives. The rest I've bought.

As I'm mainly into world coins, most of the actual "quantity" of coins I've bought has been in the form of bulk lots of mixed world coins. Probably about 1/4 of the collection has been the "quality" stuff, bought as single coins from dealers and other sellers.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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m9frank's Avatar
United States
628 Posts
 Posted 11/18/2008  6:39 pm  Show Profile   Bookmark this reply Add m9frank to your friends list Get a Link to this Reply
Weird? Are you kidding?

Welcome! You're off to a great start. Keep up the good work!
Valued Member
United States
429 Posts
 Posted 11/18/2008  7:06 pm  Show Profile   Bookmark this reply Add penny pincher to your friends list Get a Link to this Reply
Nothing is weird n this forum and I find it amazing how someone can collect so much from circulation, because I have not found that much to jump up and down about yet. I know I go back and forth but most of mine are bought, I do not have a big budget so I try to search for coins that seem to be a perfect price and impossible to pass up. If you are interested in buying coins, and have never been to a coin store, I would suggest hat you go and check it out. I have lucked out on some 'starter sets' that I have been able to buy for almost nothing and getting some containers/holders for your coins may be another thing to look into.
New Member
United States
43 Posts
 Posted 11/18/2008  8:52 pm  Show Profile   Bookmark this reply Add wheatnut to your friends list Get a Link to this Reply
Thanks metalman . I wasn't thinking this morning when I wrote that.
Wow you've got a big collection it would take me years to find all those pennies.
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Texas Trader's Avatar
United States
250 Posts
 Posted 11/18/2008  9:20 pm  Show Profile   Bookmark this reply Add Texas Trader to your friends list Get a Link to this Reply
Welcome to the forum. You will see all types of collectors on this forum and a ton of great advice. I am a relative newbie myself but I have learned a lot from reading the advice. Before you buy anyting read all you can get your hands on and you will be a much more informed buyer.
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TreasHunt's Avatar
United States
2540 Posts
 Posted 11/19/2008  09:15 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
Everyone has to do his or her own thing.

There is no 'correct' way to collect.

AS long as you are having fun, go for it.

Also, pick up a copy of "the Guide Book of US coins' by R.S. Yeoman, edited by Ken Bressett.

It'll give you a lot of info that isn't easily available elsewhere.

Go for it!
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Spider5689's Avatar
United States
2269 Posts
 Posted 11/19/2008  09:24 am  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
Welcome to the forum. Sounds like you have the start of a good collection. I like most collectors stated in this hobby collecting from circluation. Now I have collect coins that are no longer found in circulation.

I agree with everyone who suggusts buying a RedBook.
Bedrock of the Community
United States
20753 Posts
 Posted 11/19/2008  10:31 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

I like this.
Quote:

You might want to edit your title to reflect proper spelling, I thought you were referring to BIE Lincolns


After almost 20 years of school, teaching myself, a relative that speaks numerous langurages, I just never worry about spelling. If you can understand me, fine. If not, your loss.
As to those coins. Nice start. Way, way back almost all my coins came from change, relatives, neighbors. Of course after over 60 years now those are drying up a lot. So now it's mostly coin shows and yes, you have to buy them there.
Not that the relatives, friends and neighbors wouldn't give me any, they are just all sort of gone.
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