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Restarting Coin Collection

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Author Previous TopicReplies: 11 / Views: 1,582Next Topic  
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TheForce's Avatar
United States
4867 Posts
 Posted 09/17/2022  07:24 am Show Profile   Bookmark this topic Add TheForce to your friends list Get a Link to this Message Number of Subscribers
I am thinking about restarting my coin collection after a long hiatus. It's always been one of those on and off again hobbies for me. My bills are caught up and I'm feeling the itch for it again.
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John1's Avatar
United States
56855 Posts
 Posted 09/17/2022  07:36 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Morning,
I think most of us are on again and off again throughout our hobby.Just start scratching
John1
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atticguy's Avatar
United States
1373 Posts
 Posted 09/17/2022  08:47 am  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
True! I've tried looking at several drugstores for a lotion that might help me but without any luck.
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panzaldi's Avatar
United States
18644 Posts
 Posted 09/17/2022  09:53 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
here is what ive learned over 50 years if I was starting again depending on my long term goal. first, am I buying to collect and possibly complete a series or am I buying for appreciation

if my goal was both then

1. I would buy key coins in the highest grade I could afford
2. I would buy common coins in average circulated condition for the lowest price I could find as they fill a hole and the likelihood they will increase in value is slim
3. I would store the key coins in air tights. (i dont slab) and store them in an area with no light or humidity

if I was buying for just appreciation then I would eliminate #2
pretty simple

good luck and welcome back...I've done this a couple times over the 50 years and probably most collectors have
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MisterT's Avatar
United States
2003 Posts
 Posted 09/17/2022  10:26 am  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
Every coin you buy should come with the surgeon generals warning: These metal discs have been known to cause addiction! Good luck pursuing your collecting interests again!
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Slerk's Avatar
Russian Federation
1557 Posts
 Posted 09/18/2022  06:21 am  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
Collecting is like a drug, if you have tried it at least once, then you will not get rid of addiction.
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SpeedDemonND's Avatar
United States
357 Posts
 Posted 09/18/2022  06:55 am  Show Profile   Bookmark this reply Add SpeedDemonND to your friends list Get a Link to this Reply
Good luck!
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jbuck's Avatar
United States
187704 Posts
 Posted 09/19/2022  10:30 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I am thinking about restarting my coin collection after a long hiatus.
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wallyb's Avatar
Canada
557 Posts
 Posted 09/25/2022  09:11 am  Show Profile   Bookmark this reply Add wallyb to your friends list Get a Link to this Reply
What exactly is drawing you back?
Bedrock of the Community
United States
20753 Posts
 Posted 09/25/2022  09:48 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
You are to late. I've got almost all the coins on Earth now.
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commems's Avatar
United States
12258 Posts
 Posted 10/03/2022  11:58 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
My advice would be to take the time to truly learn about whichever coins you decide to pursue. I've found a deeper knowledge about the coins in your collection leads to a longer-term enjoyment of them vs. a purchasing activity that seeks to "fill holes."


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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TheForce's Avatar
United States
4867 Posts
 Posted 10/13/2022  10:53 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I mainly collect Canadian coins. I just ordered the 2022 edition of the Charlton Guide to Canadian Coins. Might pick up the latest Haxby as well. Modern US coins are just meh.
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