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 Replies: 14 / Views: 1,665 |
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Valued Member
United States
188 Posts |
I think it is funny. Here I am, an adult, and I am having a hard time keeping myself from buying mass amounts of low grade coins. LOL Silver aside, there is little reason to get them besides the fact I want them. I can not tell you why either! LOL I am only working on a couple sets. The bad part is I know I should focus on the high grade ones, so I can further my budding US type set and Phil AM date set. Am I crazy or is this just a newbie phase? ROFL Oh well, I'm crazy... Time to go on cruise and make some money.  |
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Pillar of the Community
United States
2661 Posts |
Well if you are crazy then so am I (it don't look good for you). I buy a lot of lower grades myself as well as higher grade coins. The lower grades I hang onto or give them to a couple of Boy Scout troops to help the kids can get their coin collecting merit badge. |
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Bedrock of the Community
United States
20753 Posts |
I too do that. I start a new collection by using the low graded coins and slowly upgrade the coins. Put them in Albums. As I find better graded coins they go into the Albums and the old ones into a 2x2. When enough 2x2's to make a new Album, I start set #2. Same with #2, then #3, #4, etc., etc., etc. Example is now with 12 sets of Mercury dimes with #1 the best, #2 next and on and on. Biggest problem with this is when I get a really high grade coin for a set #1, I have to move coins from set to set to set to set. |
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Pillar of the Community
United States
4085 Posts |
I put my self on a pretty strict budget to avoid the urge to buy every coin I see! I loves em all!  Seriously, the budget forces me to focus on specific coins and grades as any low grade coins purchased just delay getting the higher grade coins for my sets. |
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Pillar of the Community
 United States
2448 Posts |
KenKat, Great selection from your collection. In those albums, how do you keep them looking so good? I alway thought those albums contributed to a coins demise.
As to the subject, as it is and always will be, beauty is in the eyes of the beholder. I buy low grade coins simply because there is something about the particular coin that strikes my fancy. Not to mention, they "ain't" making them anymore. (Except for the fraudulent key date coins.)
My collections represent a compilation of memories and travels with my wife (now passed). My coins, collections that is, will never be sold; they're destined to my heirs (or is that errs LOL). I'm really not in the business but do buy 5 of every set, AE, and some commems the mint strikes. After I break out what I want, I'll sell excess modern coins and silver so I can buy more. My excess silver eagles, and silver proof sets bought a great many Morgans and Walkers.
I just hope one of my grandsons gets "mismatosis", the disease has no cure.
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Pillar of the Community
United States
564 Posts |
I guess it's all about how you like to collect coins. I like building sets and I start out with buying low grade ones. As time progresses I buy better coins and the old coins go into an album. I then sell the old low quality album to buy better coins. Right now I'm working on Franklin halfs. Just have fun!
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Pillar of the Community
United States
2120 Posts |
For me when I started its was all about quantity. But now that I have 4 boxes of coins, I'm leaning more towards quality.
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Pillar of the Community
United States
797 Posts |
I say whatever makes you happy and gives you enjoyment (without breaking the bank). I have some circulated sets that are middle grades and I enjoy them as much as some of my other higher grade coins. The main thing I try to do is keep the sets relatively close in grade. I don't really like seeing some MS coins mingled in with some G or VG coins (but then again it gives you the fun of upgrading). Either way though whatever is fun for you is perfectly fine!
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Pillar of the Community
United States
4085 Posts |
Thanks, carmykle!
I use the Dansco albums which are supposed to use archival grade materials and are supposed to be safe for the coins.
I haven't seen any problems so far...
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Bedrock of the Community
United States
11951 Posts |
Kenkat
Not sure how I missed checking out your Dansco's.
Very nice. I hope my 7070 looks that good someday.
How long have you been working on it?
Sprucansailor -
I think there are many of us that accumulate as many coins as we can first. Then try to upgrade them.
Edited by GR58
07/08/2010 3:58 pm
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Valued Member
United States
258 Posts |
Even those of us who try to buy better quality stuff end up with a lot of junk coins as well. When buying collections (done quite often when you are in the business) you will end up with a lot of culls. These junk coins help form cheap "starter sets" for someone looking for hole fillers that they can then upgrade over time. It also makes for great starter sets for children and young adults who may or may not get truly addicted to the hobby. Regardless it is never a bad thing to have lots of old coins.... Sincerely, John Leckrone
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Bedrock of the Community
United States
19935 Posts |
John - How come I always agree with everything you say? LOL
I keep some lower grade stuff around as gifts. It's always cool to toss one in when making a deal now and then or to give to a family member. The kids in my family always get all excited when I give them a 2x2 with a coin in it. It's something all of us collectors need to do to help perpetuate the hobby.
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Valued Member
United States
258 Posts |
Quote:
John - How come I always agree with everything you say? LOL
Are we twins seperated at birth? I can see the headlines now..... BROTHERS SEPERATED AT BIRTH FIND EACH OTHER ON COIN FORUM Or perhaps it is simply that I can read your mind!  I would recommend a psychological examination. My psychic abilities clearly show you have an addiction to coins with a special emphasis on pennies......  Sincerely, John Leckrone Edited by 925dealer
08/18/2010 06:39 am
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Bedrock of the Community
United States
20753 Posts |
KenKat: Nice looking Lincoln Cent. I use Whitman and those have slots for the 55 and 72 Double Die which makes lots of people real mad since those should be considered error and not part of real coin collections. Difficult to see the 22Plain. Is it a real one? Looks like real. Looks like you removed all the slides just to take the photo. Nice going. Quote:
KenKat, Great selection from your collection. In those albums, how do you keep them looking so good? I alway thought those albums contributed to a coins demise.
Completely not true. Maybe with some manufacturers but most of the big ones have no problems at all. I've been using Whitman Albums for as long as they've been in existance and absolutely no problems with toning, tarnishing, corroding, staining, etc. Edited by just carl
08/18/2010 08:31 am
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Pillar of the Community
United States
4085 Posts |
Thanks carl! The Lincoln collection is a work in progress - I've made a fair number of upgrades so I'd like to get some new pictures uploaded. Summers are busy though! Actually, the 22 Plain slot is empty - you are seeing a coin "peek thru". I've since put mint tokens from mint sets into the empty slots as placeholders until I can fill them. I'm not sure I will ever fill the 22 Plain slot. Like the 55 and 72 you mention, I don't really consider those coins date/mm coins - they are die varieties/errors. If I do fill it, it will be the last one. It's going to be a stretch to fill the keys as it is - especially the 1909-S VDB. I saw your recent 09-S VDB acquisition and all I can say is  |
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Replies: 14 / Views: 1,665 |
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Posted 07/08/2010 08:05 am
