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 Replies: 9 / Views: 1,666 |
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Valued Member
Virgin Islands (U.S.)
68 Posts |
Over the past 20+ years, I've been gifting my 3 kids uncirculated same-year 1/10 oz. Anerican Gold Eagles to mark important milestones in their lives (birth year, high school graduation). Back on ky day long ago, we'd get fountain pen sets or something tangible other than cash that we really didn't mostly appreciate. Because what kid uses a fountain pen?
Anyway, my kid is graduating college this year and will be the first male in our family since Ellis Island immigration times and I'm really proud of that, so I upped the game to a 1/4 gold Eagle.
I'm just hoping none of them get married before I croak. 1-ounce gold Eagles are not cheap.
My personal issue is what my kids might have done with all thise 1/10-oz UNC gold Eagles over the years. I keep having bad dreams that they're sitting in the back of a sock drawer or just somehow got lost and they really don't care because they have absolutely no interest or appreciation for collecting. Or worse, no appreciation for gold coinage.
Urgh. Edited by STTScott
01/03/2021 1:18 pm
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Valued Member
United States
338 Posts |
Quote:
Anyway, my kid is graduating college this year and will be the first male in our family since Ellis Island immigration times and I'm really proud of that, so I upped the game to a 1/4 gold Eagle. First I'd like to say from one stranger to another, that just about brought tears to my eyes as I've always believed and told kids that an education could never be taken from them and the work put forth to earn the degree is something to be darn proud of! In regards to the coin, hell, jump in and give him a one oz Gold Eagle or put the money toward any edu loans or just give him the cash or just ask him what he would like. The older I've gotten I've come to realize there is no sense in waiting for certain things if you can swing it. My kid has no interest in coins, those that he receives goes in my drawer with the understanding that they are his to do as he wants when he is ready. I think he's forgotten about a few of them but he likes to keep me informed of the stock price on stocks that I hold for him, he's a youngster.  Congrats to your son and family! |
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Bedrock of the Community
United States
20753 Posts |
A long time ago I USED to give a Proof set and/or a Uncirc set from the Mint and a Red Book to about 14 different people, mostly kids, for Christmas Presents. After many, many years I found out almost all of them just cashed them in at a coin or hobby store. NONE were ever saved nor did I start someone on this hobby. I slowly cut down the amount to nothing in coins since all that was a waste. Finally my Grand daughter started to save the coins I gave her. Not sure but I think it is only due to so many banks make it difficult to go there due to that virus. I only mention all this so you might take the time to check what happened to those coins you gave people. |
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Valued Member
Canada
242 Posts |
I was started off collecting by my great uncle giving me a roman denarius for my birthday once a year!
Never fear, not every cast you make will catch a fish, but there's a good chance there'll be enough for dinner by the time you go home!
(Another soon-to-be University graduate)
LRC
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Bedrock of the Community
Australia
21786 Posts |
My part as a kid, in doing a job well is a bit in reverse.
My dad gave me an 1826 George V1 British silver shilling when I was 12 years old.
He was asked to crack the (very substantial) company safe, because the keys had been lost. I was with him at the time.
Took him about 10 minutes to pick the lock.
He found the Shilling on the safe floor, and said -
"Have this".
I still have the coin. It was the start of my coin collecting career.
That was more than 60 years ago.
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Moderator
 United States
188052 Posts |
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Gifting The Kid/S For Job Well Done A job well done yourself.  |
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Pillar of the Community
United States
2637 Posts |
Back when silver hit the 40s, I couldn't bring myself to buy bullion or junk silver unless it was numismatic whose value had reached the junk price.
The LCS bought a lot of gold and silver jewelry that they would sell at a near spot price. I started giving my daughter silver jewelry that I had purchased at the LCS, and she seems to appreciate it. I see her wearing it now and again.
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Pillar of the Community
United States
4333 Posts |
Back in the 1970's, grandma gave my brothers and I Eisenhower dollars and old paper US notes. Not sure if my brothers appreciated that, but I did. In my early teens grandma noticed that I liked coins. She worked the village post office and saved silver for me. As an adult I started my son and daughter in collecting. Lasted a few years, that's it. If the mint had come out with a coin that had texting capability and a keyboard, well, you know. When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Moderator
United States
188052 Posts |
Quote:Back in the 1970's, grandma gave my brothers and I Eisenhower dollars... Quote:
If the mint had come out with a coin that had texting capability and a keyboard, well, you know.  |
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Valued Member
 Virgin Islands (U.S.)
68 Posts |
@Hunter611: >>In regards to the coin, hell, jump in and give him a one oz Gold Eagle <<
Nah, that one would be for his wedding day. No sense spoiling him too soon )
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Replies: 9 / Views: 1,666 |
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Posted 01/03/2021 4:14 pm
