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What To Do / Collect Next?

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Author Previous TopicReplies: 13 / Views: 1,356Next Topic  
Valued Member

Australia
129 Posts
 Posted 11/12/2022  7:14 pm Show Profile   Bookmark this topic Add OzCollection to your friends list Get a Link to this Message Number of Subscribers
I've been collecting coins for five months. In that time I've managed to collect every single five cent, ten cent and Twenty Cent coin, as well as both the Centenary of Federation sets, and every single non-coloured two dollar coin.

Now though I'm faced with a dilemma; should I either upgrade the quality of the coins I have, or should I continue until the rest of my collection is complete (impossible) then upgrade?

I'm also thinking about buying some mint set only years to truly finish off my lower denomination collections, but I'd like to get your input on what to do first. Any tips?
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/12/2022  7:31 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Show us some of your earliest and best coins to start.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 11/13/2022  12:44 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
A typical 'Where do I go from here?' sort of question. from the OP.

Most collectors come, sooner or later, to a similar juncture, - so did I.
I am currently collecting any new commemorative type coin in any denomination - but it must come from circulation, and at face value.
Such a collection will never amount to any significant numismatic value, but that is not the point. About 250 different types so far.
The fact is: I am having fun, and it is costing me face value only.

From a more serious numismatic standpoint,
as mentioned above, I was faced with a turning point situation, so I asked myself:-
"What sort of collection will always be open ended?"
For me, that answer is ancient coins, and as a second string in the bow, World coins, up until about the 1950's when silver began to be withdrawn from circulation around the World. I have a fairly extensive numismatic library to help me out.

On advice from a coin dealer decades ago, I have never been interested in bright 'n shiny NCLT.
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triggersmob's Avatar
Australia
9352 Posts
 Posted 11/13/2022  01:57 am  Show Profile   Bookmark this reply Add triggersmob to your friends list Get a Link to this Reply
That's a problem I have never had. As I collect all world coins, my collection will never be complete, but I'll have fun trying.
Like Sel I try to avoid NCLT, you have to draw a line somewhere. Unlike Sel, I'm not into ancients.
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crab eater's Avatar
Australia
625 Posts
 Posted 11/13/2022  02:56 am  Show Profile   Bookmark this reply Add crab eater to your friends list Get a Link to this Reply
Uncirculated coins are the go , proof coins are even more special. Be warned... collecting coins is an addictive habit on par with drug addiction.
Pillar of the Community
Australia
1610 Posts
 Posted 11/13/2022  2:51 pm  Show Profile   Bookmark this reply Add David Graham to your friends list Get a Link to this Reply

Quote:

Unlike Sel, I'm not into ancients.

Steve, shouldn't there be a 'yet' at the end of that statement?
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triggersmob's Avatar
Australia
9352 Posts
 Posted 11/13/2022  4:29 pm  Show Profile   Bookmark this reply Add triggersmob to your friends list Get a Link to this Reply

Quote:
Steve, shouldn't there be a 'yet' at the end of that statement?

David, I won't ever finish collecting all the moderns in my life, so I can't see me ever getting back that far. Someone gave me ancient coin once, I could barely see what it was, let alone identify it, so I tossed it in my scrap pile.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 11/13/2022  6:03 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
When It comes to ancients, I have to admit I have had the benefit Of some very experienced numismatic professionals to advise and educate me, to pick fakes and to a lesser extent, with identification.

I have also been fortunate enough for a close friend to help me out with some heavy hitting scientific test instruments such as electron microscopy, with attached XRF.

Needless to say, I have gone out of my way to be good personal friends with such people.

That made ancient coins much less daunting (especially Greek) when I first took up an interest in this area of numismatics.

Coins - especially ancients - are the hardware of history.
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Basil's Avatar
Australia
1039 Posts
 Posted 11/13/2022  9:07 pm  Show Profile   Bookmark this reply Add Basil to your friends list Get a Link to this Reply

Quote:
Coins - especially ancients - are the hardware of history.


Yes,I've had a dabble every so often over the years but it got all too hard especially with Greek & Roman Coins.

As you say fakes are the problem and often difficult to pick especially with people like me,just enough knowledge to get into trouble.

Roman Coins,and probably others,were being counterfeited in the 1800's in the UK so nothing new there.
Valued Member
Australia
129 Posts
 Posted 11/13/2022  10:39 pm  Show Profile   Bookmark this reply Add OzCollection to your friends list Get a Link to this Reply
As the OP of this thread I think we've gone a bit off topic here.

What should I do with my AUSTRALIAN coin collection was the original question! I'm not interested in ancient or world collections (but I do have a rather heavy box of foreign coins which I toss coins I find in rolls or coins I manage to get people off in)
Pillar of the Community
Australia
1364 Posts
 Posted 11/13/2022  11:39 pm  Show Profile   Bookmark this reply Add coaster to your friends list Get a Link to this Reply

Quote:
Now though I'm faced with a dilemma; should I either upgrade the quality of the coins I have, or should I continue until the rest of my collection is complete (impossible) then upgrade?

I guess it all depends upon the method(s) that you use for collecting your coins. If it's mainly from noodling then I'd being doing both but with the main focus being on completing as many of the coloured $2 coins as possible.

... but, just for interest sake, I'd also continue noodling rolls of other denominations to carefully check for any upgrades, varieties or errors that you might find.

Quote:
I'm also thinking about buying some mint set only years to truly finish off my lower denomination collections

It depends on what funds you have available. It might be easier to focus only on circulating coins and use the money saved to help purchase some of the coloured $2 coins that are becoming increasingly hard to find.

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Sap's Avatar
Australia
16806 Posts
 Posted 11/14/2022  12:02 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
As the OP of this thread I think we've gone a bit off topic here.

What should I do with my AUSTRALIAN coin collection was the original question! I'm not interested in ancient or world collections (but I do have a rather heavy box of foreign coins which I toss coins I find in rolls or coins I manage to get people off in)

Well, to be fair, the question in your thread title is "What To Do / Collect Next?", to which "collect ancients and/or world coins" is a perfectly reasonable answer. You're not interested in world or ancients? That's perfectly OK. No-one should feel obligated to collect things they don't like and have no interest in, just because other people say you should.

Personally, I've never been an "upgrader". Once I own one, I feel zero need to try to seek out a "better one". So for me, the only possible answer is "expand the collection".

Other "Australian" areas you could consider expanding into are:
- NCLT
- Predecimal
- Pre-Federation (gold sovereigns, tradesman tokens, Proclamation coins, and yes,British coins)
- Exonumia (tokens, medals, etc).
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
Valued Member
SpeedDemonND's Avatar
United States
357 Posts
 Posted 11/14/2022  12:44 am  Show Profile   Bookmark this reply Add SpeedDemonND to your friends list Get a Link to this Reply
It's hard to answer, as it really depends entirely on you and what you'd like to do. Good luck with whatever you choose.
Valued Member
Australia
129 Posts
 Posted 11/14/2022  06:06 am  Show Profile   Bookmark this reply Add OzCollection to your friends list Get a Link to this Reply

Quote:
Well, to be fair, the question in your thread title is "What To Do / Collect Next?", to which "collect ancients and/or world coins" is a perfectly reasonable answer


Yep I should have realised that.


Quote:
It depends on what funds you have available. It might be easier to focus only on circulating coins and use the money saved to help purchase some of the coloured $2 coins that are becoming increasingly hard to find


You do have a good point. The thing is, though, I can't really afford a lot of $2 rolls. The best way I can go through a lot of $2 coins is if I go to the bank on a Saturday, then stand there, slowly emptying out the machine of $2 rolls, going through the rolls and putting the coins I need in my pocket, then feeding the rest back into the machine.

Unfortunately, I actually damaged the machine doing that, as a few days later when I tried to deposit some coins through that exact same machine, the ATM read "System Difficulties" and wouldn't spit my money back out. The bank staff just shut down and rebooted the machine, and the teller asked for my details and how much money the ATM swallowed. The next day the machine just had a sign over the chute saying it was out of order.

So after that saga, I'm not too sure about what to do.

But I think the mint pack only years are reasonably well priced. I think at the coin shop I went to, most years were under $10-15?, even for the proofs, so I'll slowly work my way up. I think I might also buy the different mintmark years for the 5, 10, and 20 cents though (1966 and 1981, I find it impossible to tell which is which). Wish me luck trying to get the 1983-1993 20 cents though!


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