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 Replies: 18 / Views: 1,992 |
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Valued Member
United States
260 Posts |
I was looking through a website and they have BU's starting at 3dollars. So I am going to buy a US mint album from my local book store for 20dollars and buy about 10starter coins for my collection. Please give me your thoughts on this.
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Pillar of the Community
Australia
3831 Posts |
3 dollars? But I hear stories that you might be lucky at your local bank if you asked for 50 cents rolls.
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Pillar of the Community
United States
2365 Posts |
And...the extra dates from the rolls can be sold to purchase more - hint, hint
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Pillar of the Community
United States
1703 Posts |
I picked up a Bicentennial 1976 24k plated Kennedy half yesterday, I don't know why, just thought I needed it.  Image:  1976_3.jpg44.51 KB |
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Pillar of the Community
United States
2365 Posts |
I know why you picked it up...because you're infected with this wonderful disease and it looked nice to you. Not something that I would choose, but beauty is in the eye of the beholder.
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Pillar of the Community
United States
590 Posts |
It would be an affordable set to complete. I would also try to get some rolls at the bank because you can still find some border line mint state condition coins.
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Pillar of the Community
United States
2271 Posts |
Kennedys are a fun set and can be quite challenging. Generally speaking the coins available for 2 or $3 are pretty decent coins and won't be the kind of junk with horrid strikes from worn dies that one often sees. But, you are paying a premium price with very little chance of getting premium coins. You might want to consider assembling this set from mint sets. Most dates are actually cheaper in the mint set if you deduct the value of the other coins but you have a chance of getting top notch gems. Many dealers will let you look through sets and even mix and match the P and D packets in them.
This set can be assembled much more cheaply from bank rolls but most of the oldest issues will be worn and the later issues are beat up from use in casinos. Only the coins from the late-'70's/early-'80's can be found in nice attractive AU and a few '90's dates in unc.
However you decide to collect it you will find it challenging and a ton of fun.
Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
1703 Posts |
quote:
Originally posted by dsking
I know why you picked it up...because you're infected with this wonderful disease and it looked nice to you. Not something that I would choose, but beauty is in the eye of the beholder.
Your probably right.  but it would make a great key chain! I picked up the gold,1976 quarter and Ike dollar also. Price was right. |
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Pillar of the Community
United States
1327 Posts |
good set for you to start with. it will be fun for you. just make sure you do not try to hurry to fast and make sure yo uput toghter a nice looking set. You do not what to just feel slots to get it done it will make you happer if you take your time and put it toghter the way you like it.
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Pillar of the Community
United States
2365 Posts |
Or necklace! I totally agree with you, especially when the price is right! I have several gold plated coins that have been made into a necklace or yes, key chain. It's a nice reminder of what we enjoy!
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Pillar Of The Community
3147 Posts |
Did it dawn on you why the price whas right? Most collectors shy far away from coins that have been altered in any way, shape or form. You would be very wise to do the same as the collecting value of the coin has been destroyed. I have seen many a non-collector bring such items, which they paid dearly to get, to my local dealer only to be crushed to hear the true value of their gems. There is NO value in such coins unless you are the manufacturer who layered in a millimeter of gold, if it is real gold, and charged massive prices through newspaper, radio, magazine and TV ads to sell them. I am not trying to be rude here but just want you and any other new comers to the world of numismatics to know there is basically no market for such items. At least not an honest market. Put your hard earned money into REAL coins and any amount of money will start building a classic collection of coins. You may not have gotten BU coins but quite a few Liberty V nickels or Indian cents can be obtained at very reasonable prices and you would have had the REAL thing! There is also Std. Liberty quarters, Buffalo nickels and the Barber series of coins that, in circulated condition, can be bought cheaply. It really comes down to individual taste but I prefer the history to the hyped junk and without a doubt, in the end, should you ever decide to sell you will be glad you went with history! |
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Pillar of the Community
United States
2365 Posts |
I don't think that you're being rude Terry. You are a true collector and any altering of a coin is a sore spot for you and totally understandable. I, personally, won't purchase a coin of any sort that has or will ever have a high numismatic value (I hope anyway) for adornment purposes. Perhaps by purchasing them though I would be encouraging the market for them. That's a thought to ponder and you submitted a VERY good point. Thank you!
I just thought of a little contradiction to my above statement. In the mid '80's my x-husband gave me a CN Maple Leaf (ounce) in a beautiful bezel. I wore it for a couple of years and then sold it at bullion price. I lost money because I sold it at a lower bullion than he purchased it. The darn thing was just too heavy to wear as a necklace and clonked into everything. Live and learn! Those were the days of being "arm candy" for someone else.
As for Kennedy's...they are nice to have and perhaps someday they will have a value worth collecting for me (the clad ones atleast). I have the consecutive dates of the early Kennedy's and they are nice to start with and no they aren't gold plated or in a bezel.
Edited by dsking
06/04/2006 11:24 am
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Pillar of the Community
United States
7123 Posts |
Kennedies are one of those coins that have not moved much in value,except for a few dates and Mints and some of the proof issues as well as the SMS coins,, and will probly remain so for another 100 years, but the day will come when the MS coins of this series will become valuable as a collectable.
For the collector who is putting together this set today there is no reason to settle for circulated examples,, the coins from mint sets as cladking has mentioned are the way to go with these coins.
I went to one of the bigger banks in this area to buy rolls of Kennedies to search, I was given 2 OBW rolls of 1999-D's so even the older ones are out there waiting to be found in MS condition.For face value.
Rick
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Pillar of the Community
United States
1703 Posts |
quote:
Originally posted by crystalk64
Did it dawn on you why the price whas right? Most collectors shy far away from coins that have been altered in any way, shape or form. You would be very wise to do the same as the collecting value of the coin has been destroyed. I have seen many a non-collector bring such items, which they paid dearly to get, to my local dealer only to be crushed to hear the true value of their gems. There is NO value in such coins unless you are the manufacturer who layered in a millimeter of gold, if it is real gold, and charged massive prices through newspaper, radio, magazine and TV ads to sell them. I am not trying to be rude here but just want you and any other new comers to the world of numismatics to know there is basically no market for such items. At least not an honest market. Put your hard earned money into REAL coins and any amount of money will start building a classic collection of coins. You may not have gotten BU coins but quite a few Liberty V nickels or Indian cents can be obtained at very reasonable prices and you would have had the REAL thing! There is also Std. Liberty quarters, Buffalo nickels and the Barber series of coins that, in circulated condition, can be bought cheaply. It really comes down to individual taste but I prefer the history to the hyped junk and without a doubt, in the end, should you ever decide to sell you will be glad you went with history!
Terry, I totally agree with you and understand where your coming from. These 3 coins were just a one time purchase for me, just because I wanted them. I know they have no collector or future value to all but a few people.I knew why the price was right. I bought them for my own pleasure only and not as a collectable.To the new or young collectors, THESE TYPE OF PLATED COINS HAVE NO COLLECTORS OR FUTURE VALUE. That being said, I still like them.  Terry |
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Pillar of the Community
United States
2365 Posts |
After all of my jibber jabber this morning...I just found out that my dear husband has ordered me a set of uncirculated Kennedy half dollars 2002-2005 all D's and P's. Only $10 too. OK, so much for not buying Kennedy's, especially copper clad! Foot in mouth again - dsking! They are really pretty. My husband is from a politically involved Democrat family. He remembers that the announcement of the Kennedy assasination came during his 7th birthday party and really put a damper on his occasion. His memories, not mine, but an interesting reason to collect a coin! |
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Valued Member
 United States
260 Posts |
I have made a checlist. It's nine pages long, I printed it out and I am going to buy the steadily on the internet at goldeneaglecoin.com
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Replies: 18 / Views: 1,992 |
Posted 06/04/2006 10:12 am
1976_3.jpg
