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Good Choices For Newbie Collector?

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New Member
CScott's Avatar
United States
7 Posts
 Posted 09/22/2010  8:11 pm Show Profile   Bookmark this topic Add CScott to your friends list Get a Link to this Message Number of Subscribers
My friend that got me into it suggested these:

1. The full set of Statehood Quarters 99-08

2. Some Sacagewea Dollars

3. Some of the cheaper but higher graded Morgan silver dollars

Sound like a good little variety to get me started?

Any other suggestions or reasons not to bother with any of his suggestions?

Thanks!
Valued Member
mtm's Avatar
United States
102 Posts
 Posted 09/22/2010  8:21 pm  Show Profile   Bookmark this reply Add mtm to your friends list Get a Link to this Reply
Statehood Quarters shouldn't be too hard. Modern nickles is another choice if you want to try to complete a set just by roll searching.
Valued Member
Wei Fun's Avatar
United States
244 Posts
 Posted 09/22/2010  8:22 pm  Show Profile   Bookmark this reply Add Wei Fun to your friends list Get a Link to this Reply
It's what you find attractive and/or interesting. Modern coins, like the Sacs and State Quarters, can generally be obtained for a quite reasonable price in high grade. If you go with the older stuff, like the Morgans, you'll find yourself either having to pay more, or settle for lower grade. Personally, my preference is for the older, and I accept that I'm not going to be able to afford the best looking examples. But that's just me.

Just because I find something appealing doesn't mean you will. Suggestions are made by people on the basis of their own taste. My advice? Before you buy anything, go to a shop or a show and see what catches your interest. A decent shop will have hundreds, maybe thousands of different coins on display for you to be able to look at, and, unless the shopkeeper is particularly mean, he should be happy to discuss the various coins with you.
New Member
United States
33 Posts
 Posted 09/22/2010  9:34 pm  Show Profile   Bookmark this reply Add cntryislandboy to your friends list Get a Link to this Reply
i to am very new, my theory is this, I went to the book store and got me a few of the witmen books pennies and nickels actually. I figure they are cheap, and should be easy to find. then I figure I will just grab queaters and halfs here and there, also grabbed some of the presidential gold dollars today when I saw them in the tellers tray. maybe not be the best strategy but I figure it will work for now untill I figure out what I want to concentrate on. in the mean time I will be getting alittle bit of everything. not sure if that helps hope it does. good luck
Valued Member
cutepenny's Avatar
United States
127 Posts
 Posted 09/22/2010  9:53 pm  Show Profile   Bookmark this reply Add cutepenny to your friends list Get a Link to this Reply
Collect what you like......I like wheat cents and Indian Head cents!
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wheatguy's Avatar
United States
1534 Posts
 Posted 09/22/2010  10:23 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
Always remember to factor in education and research, probably the two most important components in making a knowledgeable collector.
Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 09/22/2010  10:49 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
There are so many options ... and you can get a lot of different opinions.

I think a person starting out should do some research, and as suggested check out some coin shops and coin shows.

I like the Jefferson nickel set, I started mine last year, BU and proofs, and just need one more coin to finish it. I think it is a very nice looking set. I am really happy to have it.

I like the State Quarters. There are a lot of options. Circulated, BU or BU and proofs.
Both the Sac and Presidential dollars are nice looking sets.

If I was going to start a new set. I would look into what the most expensive coins would cost.
For example. A complete set of State Quarters in BU for P and D mints can be bought or put together for less than $100 (100 coins). A complete set of State Quarters BU and proof (P/D/S/silver S) will be much more. The 1999 silver proofs may cost $100 to $150, 2001 Silver proofs around $80, 2008 silver proofs $65 also the 2001 and 2008 clad proofs sets would be $30 plus. Above prices are for the 5 coins for that given year and are just ball park figures, to show you how to pick a set to collect.

Figure out what the most expensive coins will be in the set .. and decide if you are willing to pay that much. And of course liking or having a interest in those coins will help in the decision.
Valued Member
sgtbigred's Avatar
United States
83 Posts
 Posted 09/23/2010  10:00 am  Show Profile   Bookmark this reply Add sgtbigred to your friends list Get a Link to this Reply
I found that when I first started years ago, I would collect whatever I found in change. Then I got interested and read more about numismatics. After a while I would find a good bargain on a specific coin and then start collecting that particular issue.
Some collect for fun and like to look at their collection. I was that way once, but boy, does it grow on some (like me). I now collect and keep coins to build my PCGS Registry sets. I started with Jefferson's, completed that, moved on to Mint Strike Eagles, got a few and had to finish the set, and still working on it. Then came the Washington quarters (which now includes the statehood's) then the Sacagawea's and Commemorative and recently started on the Morgans.

I guess you could say the best method is to collect what you like and can afford.
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Libertad's Avatar
Canada
3692 Posts
 Posted 09/23/2010  10:07 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Ikes, Wheats.. all good places to start.. Ikes because there aren't that many years to collect, and Wheats because they are still in circulation and quite inexpensive to pick up at a sale.
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carmykle's Avatar
United States
2448 Posts
 Posted 09/23/2010  11:06 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Try starting something from circulation. You can still find great AUs of the State Quarters in your pocket change. The ATB series is just starting and you'll find great examples in your change also.
Bedrock of the Community
United States
20753 Posts
 Posted 09/23/2010  11:26 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Try starting something from circulation. You can still find great AUs of the State Quarters in your pocket change. The ATB series is just starting and you'll find great examples in your change also.


True. And no biggy in investing since you don't have to bother purchasing them. The Quarters I mean. Jefferson nickels too since there are an abundance of them in circulation.
Lincoln Cents USED to be my first suggestion but since the silly 2009 stuff came out to many people jumped on all of those and made the ability to find anything in change excessively difficult.
And too there is this thing called available money for this hobby. If not rich then I my suggestions are and in order:
1. Jefferson nickels
2. State Quarters
3. Roosevelt dimes
4. All the rest of the Washington quarters
5. Lincoln Cents 1959 to present
Of courese there are many others to consider but mostly they all go into purchasing almost all of them. Not a good start method unless your on the rich side.

Quote:

I to am very new, my theory is this, I went to the book store and got me a few of the witmen books pennies and nickels actually. I figure they are cheap, and should be easy to find.

Not sure if you mean the Whitman Folders or Albums. IF the Folders, I always try to tell people to avoid those. They are OK for kids to play around with but many problems if you ever consider making this a decent hobby. OK for old, worn, not to expensive a coin but for anything else, not a good idea. To start with a Folder you push the coins into a slot with your fingers leaving oils and acids on them. The rears are exposed to the glue that made those things. Well worn coins tend to fall out. Of course much, much cheaper than an Album too.
New Member
Powderfinger's Avatar
Canada
39 Posts
 Posted 09/23/2010  11:48 am  Show Profile   Bookmark this reply Add Powderfinger to your friends list Get a Link to this Reply
I realize that you have posted this in the US coin forum, but as a total newbie, you may also want to consider other options. Personally, I enjoy world coin type collections, with an emphasis on the first half of the twentieth century. There are many other routes to follow, and interesting, good looking coins can often be found for less than a dollar.
If you have any underlying interest in world history or geography, you should certainly consider it.
Valued Member
BullseyeBullion's Avatar
United States
52 Posts
 Posted 09/23/2010  12:28 pm  Show Profile   Bookmark this reply Add BullseyeBullion to your friends list Get a Link to this Reply
If you want to collect U.S. silver, I would go with the Franklin half set. If you go with circulated pieces, you'll find that many are at "melt" price and the set is only 35 total coins. Each coin can be found around $7 - $8, so for under $300, you have completed an entire set of Silver U.S. coins. It is a fun set and relatively easy to assemble.
I myself collect Silver Bullion mostly, and there are many options here with 1000's of designs that never seem to get old or boring, IMO.
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Americanamafia's Avatar
United States
672 Posts
 Posted 09/23/2010  12:34 pm  Show Profile   Bookmark this reply Add Americanamafia to your friends list Get a Link to this Reply
As a new collector myself I suggest...

Buying a whitman folder for Modern Dimes 65-04
Go to a bank and get a box of dimes, and fill it up.

You should be able to finish it with 1 or 2 boxes (I did mine with one).
You'll probally get atleast one silver dime... and with beginners luck it will probally be a Merc...

The whole trip and collection will cost you less than ten bucks and you'll have somthing to show for it. If you dont like it, you didnt loose anything because everything was at face. No worries.

Thats what I would do until I found a set I was really interested in.
New Member
CScott's Avatar
United States
7 Posts
 Posted 09/23/2010  3:07 pm  Show Profile   Bookmark this reply Add CScott to your friends list Get a Link to this Reply
Thanks for all the suggestions everyone!
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Namachieli's Avatar
United States
2120 Posts
 Posted 09/23/2010  3:47 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply

Quote:
I would go with the Franklin half set


Im inclined to agree with this. If you have a small budget and want some bang for your buck, put together an AU/MS set of these. You get some money in silver, and get to complete a set.

And likely while you work on this youll start to find what it is you like.

BTW WELCOME BULLSEYE!
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