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 Replies: 19 / Views: 2,114 |
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Pillar of the Community
United States
1454 Posts |
I have been collecting loose change for approximately the last year. I have around $180 in State Quarters and probably close to $200 in other types (regular quarters, dimes, nickels and pennies). I have found some old ones in the pennies and nickels and have put them away. The rest I keep in tubes, I have a tube for every year from 1965 onward for every type. Am thinking I should spend them on things I need or some older coins I want for my collection. However, I have put alot of work into this little tube collections. I probably spent over $70 just on the tubes themselves. I made little wooden boxes to keep each type in. I would just like to get some opinions on what you all think you would do. Spend it? Save it? P.S. I was going to make this a poll but figured I would get more answers this way. Thanks. Dean. |
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Pillar of the Community
United States
2365 Posts |
That's a lot of tubes Dean! Wow! And I was complaining about filling 100 cent tubes. If you have examined every single coin for errors, keys and so forth I would say spend them. I'm sure that some of other hoarders would say to keep them. I'm hoarding the pennies myself but, most of them are from the beginning of the Indian cents to 1982. That's a difficult question Dean. If there's another collection that you really want to get started in then I would say "go for it"...if not I'd do a "Texas Hold Em". I know that I would sure hate to part with something that I've put that much time into. Let's see what the others think. I may just be the minority here. Edited by dsking
07/28/2006 10:53 am
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Pillar of the Community
United States
4589 Posts |
I keep anything I can say even 1985 nickel yhat is unc or close that I found in circ.
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Valued Member
United States
439 Posts |
Spend them. Decide what you want to keep, wheaties, old nickels, decent looking State Quarters, whatever trips your trigger and then spend the rest. What you've got is an organized hoard. *LOL* Take that $380 and put it towards crossing off a few things from your want list. |
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Valued Member
Australia
109 Posts |
I keep everything, it makes life easy if a new variety or error is discovered, just go to the year required and have a look see, and doing this has found two different varieties myself whlie looking for something completely different (and both have been published), and it also serves as easy savings & in 15 or 50 years time I'll have all the rare ones of today! LOL  |
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Valued Member
United States
173 Posts |
Save it and maybe someday we'll be reading about you and the 1 million pennies you have in little plastic tubes. Not to mention the 1 million nickels, 1 million dimes........................
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Pillar of the Community
 United States
1454 Posts |
Thanks ducky for your opinion.
Welcome to the forums. I hope you enjoy your stay.
Like your avatar, it is pretty cool.
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Pillar of the Community
United States
547 Posts |
Dean,
I save all my change in a 5 gallon water jug. Then every two or three months I empty it, take it to the bank and cash in to buy some other type of coin. I think it's just a matter of preference but I like spending mine!
~christina
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Pillar of the Community
United States
1454 Posts |
I like the way you think Christina.
I think that is what I am going to do. It will allow me to get my collection supplies I need to preserve what I do have and maybe get a few other goodies as well.
Plus, my daughter's 18th birthday is just a month away and I promised her a good one this year. She only turns 18 once and I want to make it special for her and this will be the only way I can afford it.
Thanks to all of you who posted a response. I know I should probably have waited for a few more but I really wanted to make this decision tonight so that I could get busy rolling them up this weekend.
Anyone need any Numis coin tubes? LOL.
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Pillar of the Community
United States
1454 Posts |
P.S. I made a list of errors out of the Red Book. I will be checking all of these. I may need the money but I'm not crazy! Maybe I will get lucky and find a couple. A nice Wisconsin extra leaf wouldn't hurt. |
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Pillar of the Community
United States
547 Posts |
Another option would be to save half of the change you get back in the tubes like you have been doing, so you continue the work that you started. The other half keep separately and then save that to cash in at a later time. That way you don't have to feel bad about spending all that time on it only to cash it all in. I don't know about you but I NEVER use change when I buy something...I always save it.
~christina
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Rest in Peace
United States
3730 Posts |
First of all, Welcome to the forum ducky. Love the avatar.
I start out by saving all the loose change. I currently have probably $20 worth on my desk top. Then, when I have time, I sort through it. I currently have an estimated 50,000 pennies. Any coins which are older and in great condition, I either store, or give away. If there isn't a pressing bill which needs to be paid, I take the remainder and put it in a jar labeled "Cruise Fund." Periodically, the change in that jar goes to the credit union and is deposited. I then make a note that it is part of the cruise fund, and it takes us one step closer to doing something we really enjoy.
So, I save, then sort, then store and save the rest for a fun activity.
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Valued Member
United States
458 Posts |
Personally, I have a HUGE glass beer mug on my desk--All coins go into that puppy. When it is full, my wife and daughters wrap them up with the paper wrappers you can get from the bank for free. We then deposit them into either my daughters savings account for her use when she goes to college, or it goes into our personal savings account. I usually check the coins as I dump them into the jar--I mainly look for silver coins or very old coins in good shape, those I keep. Just for reference, when that jar is full, its wrap up time--the most we ever wrapped up was about $75-$80 depending on how many quarters were put in there. So I guess we save our change, not spend it.  CiScO Edited by CiScO
07/28/2006 08:46 am
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Pillar of the Community
United States
2271 Posts |
I'd suggest that a roll collection will get pricey and it might be more fun to just start a regular collection. If the roll set will give you more pleasure then go for it and try to get the nicest and most varied rolls available. When you're short of money to add to it then you can just take a break. The plastic tubes probably won't go to waste if you decide not to collect these.
Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
986 Posts |
If you need the cash, I'd say save those coins that you really like out of the rolls (if there are any) and just spend the rest.
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Pillar of the Community
United States
1267 Posts |
We save it and once a year go to Deadwood, SD and play the slots. Sometimes win, most times lose...
B
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Replies: 19 / Views: 2,114 |
Posted 07/27/2006 9:08 pm
