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Coin Collecting Rut

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jbuck's Avatar
United States
188440 Posts
 Posted 01/14/2009  5:53 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Have any of you 100% completed any sets without going totally bankrupt?
Of course! I have all of the current modern series (expect Lincoln Cents) complete and up-to-date.

The bulk of these are easily completed from circulation and/or roll hunting (the exceptions being proof, NIFC issues, and pre-1965 silver coinage; although some do leak out into the wild). I would say the business strike Jefferson nickel series is the easiest set to complete this way.
Edited by jbuck
01/14/2009 5:55 pm
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collect4fun's Avatar
United States
1151 Posts
 Posted 01/14/2009  6:19 pm  Show Profile   Bookmark this reply Add collect4fun to your friends list Get a Link to this Reply

Quote:
Of course! I have all of the current modern series (expect Lincoln Cents) complete and up-to-date


Show off.
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IBGolden's Avatar
Canada
598 Posts
 Posted 01/14/2009  6:32 pm  Show Profile   Bookmark this reply Add IBGolden to your friends list Get a Link to this Reply

Quote:
And who am I to talk? My collection is exactly a hodge podge of what I like. For instance, I've collected WWII European silver. No regard to mint or date types. A set of silver coins from any years '39 - '44 from the Allieds (US, Canada, England, Russia, Poland(beauties!), France, Belgium, Netherlands, China) and then coin sets from the fascists (Germany, Italy, Japan). I wanted a Newfoundland $2 gold... so I waited and eventually bought a holed one for near spot (and I'll stick with the story that fishermen drove a hole in them to pin them in their pockets so they didn't lose them!?).


Me... babbling on about Lord knows what in another thread.
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 01/14/2009  9:13 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
I always pick up my birth year.......
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wheatiefan's Avatar
United States
507 Posts
 Posted 01/14/2009  9:19 pm  Show Profile   Check wheatiefan's eBay Listings Bookmark this reply Add wheatiefan to your friends list Get a Link to this Reply
Hi there.

I recently decided to stop trying to collect US coins by date and mintmark. I decided to finish the Lincoln Cents (except 22 plain), Jefferson nickels, and Washington quarters (only need 32D and 32S). I don't collect State Quarters or Presidential dollars, and do not plan on collecting National Park Quarters or $1 Native Americans. I bought blank dansco pages for the older series, such as Indian Head cents, Buffalo nickels, Mercury dimes, Walking Liberty halves, and Morgan/Peace Dollars. Since the pages are blank, I can arrange them however I like. Currently, they are arranged by date only. This will make the sets, as I've defined them, easier to complete. If I had to collect those series by date and mint mark, I'd probably not even bother starting.

I've been able to put my money and learning towards other numismatic interests.

Paper Money: I've started a small collection of common and cheap US currency. A district set of 1976 $2 bills, and a set of 1928 - 1957 $1 silver certificates. I've also acquired foreign currency when they are cheap (often less than a dollar per bill) and I find the design interesting. I will probably expand into other types of US and world currency in 2009.

World Coins: I've bought a few 'bulk lots' of world coins, and have received coins from probably 125-150 countries. Many of these countries no longer exist, such as Yugoslavia, East Germany, CCCP, Czechoslovakia, and so on. I find it interesting to learn about a country via its coins. I've spent many hours reading Wikipedia entries for countries, their history, their monarchs, and other devices they choose to show on coins. Think of Germany, whose recent coins would include: Independent German States, German Empire, Weimar Republic, Nazi Germany, East and West Germany, Unified Germany, German Euro. France has transitioned from: 3rd Republic, Vichy (WWII German Controlled), 4th Republic, 5th Republic, and French Euro. Many colonial territories recently attained their independence, such as British India, French IndoChina, Belgian Congo, etc. There are many other examples, many of them educational. The USA is actually a rare example of a country existing for 200+ years.

Ancient: I think 2009 will be the year I buy my first ancient coins. Talk about history! I didn't realize until recently how affordable nice, detailed specimens of 1500-2500 year old coins were. Most coin collectors know that the first coins were minted around 700BC, but what I didn't know is that you can buy coins from 300-500BC relatively inexpensively.

US Type Set: I'd rather have three unique, different, old $50 coins, than an album with 150 almost identical $1 coins. I can't afford to spend much on type coins, but every once in a while I'll be able to fill another hole.


Ultimately, I'm happy to have explored all these other collecting options. If I'd stuck with sticking US coins into pre-determined slots, I wouldn't have been as happy as a collector.

Maybe you should ask yourself what you like best about collecting. I think, for me, it may be learning about history by relatively cheap artifacts that I can hold in my hands.

just my humble opinion,
wheatiefan
Valued Member
United States
284 Posts
 Posted 01/14/2009  9:32 pm  Show Profile   Bookmark this reply Add christian_cyclist to your friends list Get a Link to this Reply
wheatiefan,

I am also enjoying the same international traveling and learning through Wikipedia for my foreign coins as you are. It is truly delightful!

Where do you get your bulk world coins from? ebay? Or do you get them local?

-- Boris

Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 01/15/2009  02:42 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
I'm just a middle class guy, without a lot of money to spend on coins. However I have completed the JFK Half Dollars, Franklin half dollars, Roosevelt dimes, Jefferson nickels, Statehood Quarters, Silver Eagles, and Sacagawea dollars.

Then, I went Australian, and currently have complete sets of all Aussie circulating coins. Also, I have completed the silver one ounce Lunar Series.

I also have completed and maintain Canadian Silver Maple Leaf coins.

Point is, there are lots of sets that can be completed without a huge outlay of money.
Edited by Gary Burke
01/15/2009 04:29 am
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USMCLion's Avatar
United States
188 Posts
 Posted 01/30/2009  11:15 am  Show Profile   Bookmark this reply Add USMCLion to your friends list Get a Link to this Reply
I think allot of us are in the same boat. I've filled most of my DANSCO's and I thought I'd be more satisfied than I actually was. When I completed my Lincoln set, I was actually kind of sad, after I put the S-VDB in there, what else was left? My Indian set is missing the 77 and it is a coin that I want so I will finish it. On the other hand my 7070 is missing 5 coins and I really don't think I'm going to drop 5-6 thousand bucks that it takes to complete it. Instead I have a 2x2 book that will be getting filled with early red lincolns because that is what I like. The one thing that doing the 7070 did to me was open my eyes to the seated era of coins. I think they are interesting, have allot of varieties and are very very low priced for their mintages. I want more!!
Bedrock of the Community
United States
20753 Posts
 Posted 01/30/2009  2:35 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
What halfabustisbetter said is a real true story and what a shame. However, there is always goods with the bads. I go to alot of coin shows. I get to know the standard, regular dealers. Some time back I asked a few where they get most of their coins. Most said from purchasing sets from the average person that is tired of them, from a relative, inheritance, etc. And too, they take all the coins out and place in those flips. Usually not the 2x2's, the next smaller sizes 1-1/2"x1-1/2". They then throw out the albums or folders. So I asked them instead of throwing them out could you bring them to me? A few said OK and brought a few albums. HOWEVER, one dealer brought me two large boxes of albums. Dansco, Whitman, Littleton and many others. And all free. Being a Whitman person I kept those and gave the rest to other collectors I know. Since then that same dealer always brings me a few and recently told me he now has about 40 more albums for me and again free.
Since I've been collecting for over 60 years I have numerous completed sets of many coins. I take the best and put it in set #1 and the one from there to set #2 and then to set #3, etc. At the end of this process the last one goes into a 2x2 and into a box. Recently that dealer gave me two Whitman Classic Albums for Mercury dimes and I almost filled them both from duplicates. Still missing the 16D, 30S and the 42D/41 in both.
Doing this, going to coin shows 2 to 4 times a month keeps one occupied. Sure is a shame when I think of someday all my sets, over 100, being taken apart for just separate coins.
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okie-colin's Avatar
United States
1083 Posts
 Posted 01/30/2009  7:52 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
I guess whether or not you focus on completing sets or just buying what you want depends on your personality. I am too goal oriented and organized to not want to complete my sets. I have completed a number of sets, most in Danscos. I lack only four gold coins to complete my Dansco 7070 and I am aways upgrading. On the other hand for those of us who aren't rich which is probably most of us, there is a limit as to how many sets you can finish. When you complete a set there is a feeling of being let down, and wondering what is next. Once I finish my IHC set and the rest of the 7070 gold, I will have met all the goals I set when I started in again on this hobby about eight years ago. Not sure what I will do than, but if we are in the great depression like some think, I sure won't sell it for peanuts. It will just be passed along to my children.
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sfwusc's Avatar
United States
615 Posts
 Posted 01/31/2009  12:28 am  Show Profile   Bookmark this reply Add sfwusc to your friends list Get a Link to this Reply
Just Carl,

I read that post and was like... I wonder if he has an extra Mercury dime Dansco, but then I remembered you are a Mercury dime guy too. :)


-SWUSC
Bedrock of the Community
United States
20753 Posts
 Posted 01/31/2009  12:29 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Just Carl,

I read that post and was like... I wonder if he has an extra Mercury dime Dansco, but then I remembered you are a Mercury dime guy too. :)


-SWUSC

Just a little to late. Like I said I'm a Whitman person. Of that last batch of albums from that dealer there were several Dansco Mercury dime albums and all now given away. Just wouldn't look right with a Dansco next to all those Whitmans.
Sort of funny story with those Mercury dime albums. The dealer I get those albums from usually has one or more of his kids at the show to help him. His one daughter of about 10 asked me if she could have one of the Mercury dime Albums. Since they were free and from her Dad, I said of course and handed her the top, best looking one. She opened it and we both stood there shocked. Her Dad had forgoten to take the coins out. We told him and he wanted the coins but all the other dealers in the area started to bug him so she got to keep an almost completed set of Mercury dimes.
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Brewzz's Avatar
United States
199 Posts
 Posted 01/31/2009  2:36 pm  Show Profile   Bookmark this reply Add Brewzz to your friends list Get a Link to this Reply
Completing a Peace dollar set in AU-MS is doable in a fairly short time...but they seem to be getting pretty pricey for the key dates.This is the first set I have completed,and it IS kinda a let down when your done....I think I would just like to have 1 of each as in a 7070,but know I can't afford the gold page....Oh well,the older the better to me,so I am going to concentrate on early U.S. coinage for now,and figure out where to go from there...
Cheers,Brewzz
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SPQR's Avatar
United States
327 Posts
 Posted 03/09/2009  4:51 pm  Show Profile   Bookmark this reply Add SPQR to your friends list Get a Link to this Reply
Thread necromancy..
I found a neat sideline..I've started collecting "inflation" money, you know, like those 5,000,000,000 Reichsmark notes and 500 Mark coins from the Wiemar republic, and I've been looking hard at the new Zimbabwe multi-billion dollar notes.
Jussst something about all those zeros creeps me out!
Bedrock of the Community
United States
20753 Posts
 Posted 03/09/2009  7:05 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
One more thing is to be a little more like wheatiefan.
Blank pages and album covers are available from Whitman also. They also make sheets of Gold presson letters/numbers so you can lable them yourself if you want to make them look professional. Another thing I've done is purchase a dark blue permanent Sharpie Marker pen and blue out the info in a Whitman Album. Then you can make one the way you want. Some of the Album covers are large enough to make some really odd collections. For example I've got a Liberty Head/Buffalo/Jefferson Nickel Album all in one. Of course I had to leave out mint errors and proofs and no holes for them either.
I've made complete all proof albums also. If your bored, lots of fun making your own thing.
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