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Young Collectors

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Author Previous TopicReplies: 15 / Views: 1,094Next Topic  
New Member
sac12's Avatar
United States
5 Posts
 Posted 07/31/2006  09:26 am Show Profile   Bookmark this topic Add sac12 to your friends list Get a Link to this Message Number of Subscribers
How would someone suggest a young collector to collect coins who aren't financially independant? I constantly watch deals go by that I can't buy. Like the 24k Gold Buffalo or Morgan dollars. I find myslef just buying unc statehood quaters and the westward nickels and the occasional SBA or Sac.
Valued Member
CiScO's Avatar
United States
458 Posts
 Posted 07/31/2006  09:40 am  Show Profile   Bookmark this reply Add CiScO to your friends list Get a Link to this Reply
Well, you can get a job Depending on your age, I did all kinds of work to make myself extra doe when I was young, starting at the age of 9. I delievered newspapers, cut grass, did yard work, I worked at McDonald, Burger King, I worked at gas stations (Texaco, Gulf Oil-now BP I think)pumping gas and changing oil, fixing flats etc. You can work at a food store bagging or as a stock boy. There are many many things young people can do to make a few bucks that is not age dependant. All you gotta do is get off your you know what and throw yourself into the market place and do something for pay. Good Luck, I hope I have given you some ideas.

CiScO
Edited by CiScO
07/31/2006 09:42 am
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triggersmob's Avatar
Australia
9422 Posts
 Posted 07/31/2006  09:40 am  Show Profile   Bookmark this reply Add triggersmob to your friends list Get a Link to this Reply
sac12, you have many years ahead of you. Just buy what you can afford now. When you get older and have a full time job, you can buy all those more expensive coins, they will still be around.

Steve
New Member
sac12's Avatar
United States
5 Posts
 Posted 07/31/2006  09:46 am  Show Profile   Bookmark this reply Add sac12 to your friends list Get a Link to this Reply
Thanks guys that was some good and useful advice.
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dsking's Avatar
United States
2365 Posts
 Posted 07/31/2006  09:47 am  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
My personal suggestion would be to go to the library or buy some books on coins and do some reading up on coins first. Collect what appeals to you and what you can afford and then you can sell/trade/buy into a particular denomination, all denominations, Unc/MS coins such as the ASE's, perhaps foreign and expand as time and money allows. Coin collecting is quite a personal preference hobby and a wise investment for young and old(er). This forum will guide you and answer any questions that you may have along the way.

You may find that you like Morgans or older coinage, "darksiders", - the possibilities are endless.

We have quite a few young people here and they will certainly offer their suggestions and share their experiences.

Welcome to the forum! Most of all - have fun!
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sn31's Avatar
United States
773 Posts
 Posted 07/31/2006  10:58 am  Show Profile   Bookmark this reply Add sn31 to your friends list Get a Link to this Reply
Hi Sac12,
There are many coins in lower grades you can collect for under $5.00.Take a look in Ebays coins under $5.00,and this will give you a general idea.Wheaties,Jefferson nickels,roosevelt dimes,many in which you can find in everyday pocketchange.State Quarters are good too.You can always upgrade later when you will be able to afford them in higher grades.When you make 50 posts,you can even trade some State Quarters to some other members for some coins in a different country.There are more possibilities than you think.Where there's a will,there's a way.Good luck kiddo :) sn31.
Oh,Welcome to the forum.
Edited by sn31
07/31/2006 11:02 am
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fengk's Avatar
United States
986 Posts
 Posted 07/31/2006  10:59 am  Show Profile   Bookmark this reply Add fengk to your friends list Get a Link to this Reply
I'm 13, and yet I'm buying morgans constantly. Do you have any source of income? I'm making a hundred dollars or so a month doing jobs around the house for my parents. As long as I don't use all of it on coins, they're happy.
Pillar of the Community
cladking's Avatar
United States
2272 Posts
 Posted 07/31/2006  12:53 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
If you can handle a job and school then by all means work but young people should try to think of themselves as students or might end up without an education. Don't forget to try to really remember everything you learn too. Even the most trivial information and math won't do you any good when you get older if you don't remember it. No matter what you go on to do there is no such thing as useless information unless you've chosen to forget it.

There are lots of great collectibles out there that are available for almost no cost but lots of work. There are not only the inexpensive US coins but there's a whole world of coins the represent tremendous opportunity. Not only opportunity for fun and learning but also for financial return. There are many trends in the hobby from increasing interest in varieties to incresing collecting of later date coins that were once thought common. A young person can gain a many year head start by identifying a trend and getting there first. Even ancient collections can be put together on a shoestring. Tokens and medals can be an endless source of pleasure for very low cost. You can put together a set of something like 10,000 different amusement tokens for as little as a couple hundred dollars. There's no rush on completing and set and the money can go into them over a period of years.

Have fun but don't lose sight of the fact that decisions made now will be who and what you become. I've no doubt you'll do great.
Time don't fly, it bounds and leaps.
Forum Mom
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 07/31/2006  1:03 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
I started collecting when I was 6. I had chores to do around the house and I made an allowance (not much since this was back in the 70s). I also offered to do extra things around the house for money. This, added to Christmas and birthday money, enabled me to buy some nice coins (but not very many).

We have lots of young collectors here at CC and it will be interesting to see what they are all doing for money to add to their collections.
New Member
sac12's Avatar
United States
5 Posts
 Posted 07/31/2006  3:36 pm  Show Profile   Bookmark this reply Add sac12 to your friends list Get a Link to this Reply
Thanks everyone for your help and your information. I am in the process of getting a job and I bought a Unc 1921 Morgan dollar for 12 bucks!!
Valued Member
Berry's Avatar
United States
394 Posts
 Posted 07/31/2006  4:23 pm  Show Profile   Bookmark this reply Add Berry to your friends list Get a Link to this Reply
Well young in age sac12, I want to add my Two Cents on this topic.You don't have to buy a lot of coins, if you hustle,the coins will come to you. Whats really important at this time, in my mind, is to learn all you can about coins and eventually you can be the next Bobby131313 or Susanlynn9 and have your own forum and become a top notch collector and seller of coins. It takes patience and time.
Good Luck sac12.
Berry
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djluster's Avatar
United States
1327 Posts
 Posted 07/31/2006  9:29 pm  Show Profile   Bookmark this reply Add djluster to your friends list Get a Link to this Reply
I looks like buy you first post htat you are doing a good job. What I would suggest a few things. First go buy yourself either a RedBook either the 2006 or 2007 that will help you learn what coin are out there. if you cna't find one of those then see if you can find a price guide at a bookstore or even Walmart carrys coin magizines that will help you. the 2nd thing I would do is go to your local coin shop and buy a few coin folder they are ussally a few dollar each. you might think about a State Quarter book if you don't have one. then since you said you were on a limited budget I would say you buy a Dime, Nickel, and cent book. A fun way to start collecting on a limited budget is to get rolls of coin from the bank and look thru them and start feeling your folder that way. I say that because for 10 dollar you can get 4 rolls of nickels and 4 rolls of cents and that would give you some coin to look through. then when you are done reroll them and take them back and get more. doing this you can ussally alway have coins to look through. Just a few idea for you. But the most important thing is buy what make it fun for you.
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fengk's Avatar
United States
986 Posts
 Posted 07/31/2006  9:31 pm  Show Profile   Bookmark this reply Add fengk to your friends list Get a Link to this Reply
That's a really good point, djluster. I basically completed a Jefferson nickel collection just on searching through rolls (had to buy the silver ones and the 1950-d). And the best part is, that collection probably didn't cost me more than $20, including all the coins I bought.
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United States
604 Posts
 Posted 08/01/2006  11:34 am  Show Profile   Bookmark this reply Add Buffaloboy5 to your friends list Get a Link to this Reply
Well do something you are good at like babysittig or what I do tutor history to grades 6 and under by next year hopefully I can tutor 7 and under and I'm like what 14
Forum Kid
thekidcollector's Avatar
Kuwait
1523 Posts
 Posted 08/01/2006  3:34 pm  Show Profile   Bookmark this reply Add thekidcollector to your friends list Get a Link to this Reply
Well, here in Kuwait its very different.
Kids here don't have anywhere to work, they have servants and maids all over Kuwait, and I live in an area of apartments so I cant mow the lawn, I can't do other peoples house chores since they have a working maid, I can't work in shops because of Under 18 working law.

All I do is help around in the house to get my "salary"(Pocket money) monthly, I get around $34 a month, could be more if I was in a different environment.

BTW I am only 14.
Still a long way ahead...

TKC!
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Dewayne76's Avatar
United States
590 Posts
 Posted 08/01/2006  6:39 pm  Show Profile   Bookmark this reply Add Dewayne76 to your friends list Get a Link to this Reply
I know it has already been mentioned but get rolls from the bank. I even have family who lets me look through their change and buy them for face value.
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