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Replies: 18 / Views: 3,310 |
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Pillar of the Community
Canada
864 Posts |
Hi everyone. So, being fairly new to this new surge of interest in coin collecting, focussing mainly on Canadian and US cents that fits my wee small budget, in the last month I've searched a few rolls, mostly pennies, and am getting two collections happening. Canadian and US, keeping them separate. I'm making do as I go, without investing in organizing and sorting things. I had no plan when I started all this and have no idea where all this will lead me, but its already led me to having to need storage. Currently I've just been tearing up photocopy/printer paper, and making little "jackets" or "pockets" to hold the coins, and they sit perfectly in some old plastic ice cube trays  I need more ice cube trays already! My concern was reading the forum and some mentions about storing coins in paper and other "holders" that could negatively effect the coins. My first question is "How long can I get away with using these little home made paper pockets for my coins before they start to effect the surfaces of the coins? Mostly pennies, but some nickels, dimes, and quarters too, some are "colourized"" While a lot of the coins are only good as "date fill" until I get a better shape coin to replace it, some coins look in great shape and I'd hate to ruin them. I'll be learning more about grading and all if I keep being a member, and am welcomed and can mingle with you all. I can see myself getting into trading and maybe even selling eventually, if I keep up with this. I'm not set up to sell currently, but trading sometimes is definately a possibility if thats not me breaking any rules here to offer or do that if I have something someone wants? I am still new to this community, and to coins. Its all new territory to me. I don't want to do anything wrong. You folks are the Romans, and I'll have to learn the "when in Rome thing" here. I know I'm a pure novice, but a lot of the coins I've been finding look like they would have very good grades, judging by reading peoples comments and grading opinions, and trying to look at my coins objectively. I'm hoping I get good at grading. Meanwhile, any suggestions anyone might have for me re being a newbie and all, just bear in mind I have a very wee budget, and am starting very low key and small, so keep that in mind if you offer some advice that I may not be able to spring for proper storage and doo dahs. Not at this time. For now its keep it simple and low cost. (I'm on a pittance of disability and it doesn't stretch far. If I progress to start selling coins at some point, now and then, then of course I can reinvest that into buying better organization and what not. For now, the coins stored in the paper question is an important one for me to find out about, as I don't want to devalue my better coins. Thanks. And if I can help anyone else somehow, just ask, I will if I can. I like to contribute my 2 cents worth to you all. Many have already helped me a lot and I thank you! NOTE TO STAFF ADDED: Hi. I just found the forum rules link and am not clear if my post has broken some of your buy/sell/trade rules now that I've read it, and the fact that I made some offers. Please advise? Or if my post just disappears then I'll have my answer and you'll have my apologies. Thanks. Dottir. Edited by Dottir 09/24/2010 01:05 am
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Pillar of the Community
United States
4000 Posts |
Quote: ...if I keep being a member, and am welcomed and can mingle with you all. We wouldn't dream of any other way! I'm not a mod obviously, but I don't see where you broke any rules. I think if you go straight to selling you would be, but you sound honest in trying to learn and of possible future intentions. On storage, I'd say a few coin tubes might go a long way for you and usually in around the .20-.30 cent per piece range? Or maybe a local dealer would give you a discount on volume or something. Long term paper is definitely bad, but doesn't sound like you've had them in there long enough to do any more damage than circulation has already done. The pros will have much better advice, but that might be a cheap way for starters. How many cents do you think you have an immediate storage need for?
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Pillar of the Community
United States
2669 Posts |
I agree, some tubes would be great - you could have a date range for each one, or one date for each, depending on how many you end up needing or wanting. As you progress, the cardboard 2x2 holders would do well. They have boxes for those, or pages that fit 20-30 depending on size. Or keep them in piles on your desk, like I do sometimes 
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Pillar of the Community
 Canada
864 Posts |
Thanks Scooby Due. Spending a few cents on coin rolls, I can handle. What are they? Do you mean those see through plastic containers I often see coins rolled in these days? I recall reading posts in here about certain plastics being bad for coins too, so maybe thats not what you meant? The thing with the paper pockets is that I can label and make notes on them about the coin/s I've already checked. If I toss them all in one container/roll, they'll be all mixed up together again. Trying to avoid that. Currently I have two ice cube trays packed full, a few in pockets propped in lids, and about $5 worth of pennies sorted by dates lined up across my kitchen table, waiting to be checked individually. I'm compulsive don't you know? I get right into things  Oh, and my neighbor has a jar of pennies he's going to give/trade for cash value with me, so I'll have another maybe $10 worth, though many will get rerolled and back to the bank. I'm wondering about those little "jackets" I see a lot of people keep individual coins in. They must be fairly inexpensive too and I could spring for some. Question is WHERE do I find them in town? (small town about 18,ooo. Not aware of any coin or hobby places in this town. I went into a number of stores all over town yesterday looking for a loupe or magnifying glass. Zilch except for one I found at a pharmacy. Splurged and paid $8.99 plus tax, before I could open it to try it, and its a useless plastic piece of doo doo for coins or anything else. I can't return it as I opened the package. There WAS one magnifier with a light but $34 plus taxes (including the nasty HST) is NOT in this kids budget. Where do you go to find a loupe, local? I know they aren't expensive or what I need. Any suggestions? Other than approaching a local jeweler and begging them to part with an extra one? I even tried the local pawn shop. For the record, I'm not set up to buy online (like paypal) and have no credit cards so I need to source local. Ideas welcome!
Edited by Dottir 09/24/2010 01:50 am
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Pillar of the Community
 Canada
864 Posts |
I almost missed your reply Xshift! Those tubes sound handy for storing excess (like all 2010's, all whatever) The jackets idea you mention sound like they might work for me. Do you have a link to some so I can see what they look like and know what you mean? I'd like many coins separated individually protected, not getting bumped and dinged by other coins or what have you. If I end up offering any for trades or sales I'd want them to keep their condition. I guess I am getting kind of serious about this hey. Is this not inevitable? An addict has to start selling sometimes to keep buying. Right? 
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Pillar of the Community
 Canada
864 Posts |
Scooby Due, forgot to reply that I only started putting the coins in these paper jackets this past month, so no, they haven't been exposed to the paper for long. But then I don't have any idea how long is too long ... ?
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Pillar of the Community
United States
2669 Posts |
As a fellow addict, I'll tell you.. it's hard to sell them! I keep meaning to, myself, but although I have a few up for sale, I can't say I'm disappointed there are no takers yet. I find it hard enough to send them away even as prizes (yes, I've got it bad  ) The cardboard 'jackets' you can see here: http://www.wizardcoinsupply.com/pro...-coin-flips/ - they fold in half over the coin and you staple them closed. They are very good for keeping them from dinging each other. The price they have there is for 100 - not sure what you would have locally, but if you let us know around what part of Canada you're in, some of our Canadian members may know of a local spot to find some. Sometimes you can also find them in 1.5 inch sizes for the smaller coins.
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Pillar of the Community
United States
4000 Posts |
Sounds like you need to find a local dealer. I always order my supplies online because they are a lot cheaper than my local dealer.
How are you planning to sell if don't get something like paypal for your transactions? If you were planning on it eventually, then you could go ahead and get set up and order supplies online.
You don't HAVE to, of course, but I think you would lose out on potential sales without it. We live in too much of an "I want it now" and "just in time" society.
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Bedrock of the Community
Australia
21786 Posts |
I am an Ancients man, not a penny collector.
Having said that, it seems to me that the penny guys easily end up with a collection that if allowed to grow over the years, numbers in the thousands. If this the case, you will need lots of cardboard coin flips. Some guys have suggested storing large numbers of coins in tubes. If my collection was of the penny sort, storage in coin tubes appeals to my way of thinking, especially if you have a large numbers of coins of the same date and variety. In this case, the cost of storage would be most efficient.
With a lot of collectors, cardboard coin flips are stored in an album that have clear PVC pages. I have found that over a period of say, 10 years, the PVC from the pages will still blacken coins that are held in cardboard coin flips that have clear Mylar windows. However, you can get clear plastic pages that are not made of PVC.
The size of such a collection is required if you study such things as different varieties, or development of die cracks, or die linking. These types of studies are also important in ancient numismatics, but are usually done in museums, because of the cost of each piece.
I have seen the results of this type of study done in the British Museum, but on Byzantine Gold Solidi.
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Pillar of the Community
 Canada
864 Posts |
Aha, Coin FLIPS! Thats what they're called. Thank you and it's easy enough to buy a bundle or two as needed as long as I can find them local. Couldn't spring for 3000 off the top  I haven't noticed private messaging or ability to email via the forum. I wouldn't want to disclose too much private info in the open forum, but would privately to trusted members ;) I think I know what you mean about hard to part with. I felt like that about my jewelry sometimes when I used to make it, mostly earings. Parting with some of my work was a bit tough. I designed as I went. I'd have no trouble parting with a 2006 no P no L magnetic Canadian cent though. Think of all the rolls of coins and bundles of flips I could buy! I think I like the bigger ones as then loonies or toonies could also be saved in them if I found some good dates. I would have a hard time parting with some coins though. Older ones, from the 1960's back ... yeah, it would rock to have some Hudson's Bay trade tokens? That what they're called? I'm what you can call a fur trade descendent and it would be hard to part with some of that personal family connection history once I had some in my hands. Something like that I would like to pass down to my kids with the stories. I'd have no problem selling a 1922 US cent though. The stuff that has personal meaning to me, I'd want one for myself, and maybe a back up in case one gets lost, and would be ok with parting with extras. I have no personal attachment to the 1922 US or the 2006 Canadians.
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Pillar of the Community
United States
2669 Posts |
If you put your email address in your profile (and there may be a checkbox to select to allow members to email you) then you will be able to get private messages, which are really emails to your email address. You'll see the little email icon on most people's posts on the same line as their user name, looks like this:  If you click it, you can send them a PM (once yours is set up).
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Pillar of the Community
 Canada
864 Posts |
Scooby Due, I joined epay a LONG time ago but not as a buyer or seller as yet. I was just checking out ebay. Of course I would get set up with paypal. I hear they can do that now via your bank account, which does away with needing a credit card anymore. There are a few things I have to check into to establish myself as self employed before I can sell because I'm on disability and thats effected (also need to be properly licenced to sell) I'll check into all this as I really would like to collect coins for my personal own as well as also sell if this keeps growing in this direction. I find it interesting and fun. It suits me. I'd get a total charge out of making sales and making people happy. Off topic, I'm quite mesmerized by the coins as I'm looking at them up close and personal like I never looked at coins before, especially the pennies. That copper and all the beautiful colors and tones, blends. Textures. Some incredible colours to these coins. Pretty fascinating aren't they?
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Pillar of the Community
 Canada
864 Posts |
Xshift, thanks for the heads up. I'll enable my email address, PM's etc in a bit.
Sel_691: Thats interesting info, all of it. I like the look of ancients too. If I could I'd be collecting all sorts of things. I do like history even though I'm not really knowledgable. The world is an amazing place, history is, and all the artifacts, and past happenings in it. Coins seem to go back to forever and also teaches about history. Who doesn't love seeing old coins or relics going back centuries and centuries. I guess different people have different interest focuses about the past, or about "old" things. I guess a lot of people collect as investments? And less storage space needed for ancients as there are way less ancients than pennies.
I can see where tubes will be tidy and space saving if I get to hanging onto lots of pennies. If I can start selling at some point then I can keep collecting but I can't just keep buying and hoarding pennies indefinately, other than my personal collection. Pennies add up to dollars, and dollars, and dollars, and think of the weight for moving (I'm a renter.
Pssst, I'd still like to see a picture of what those "tubes" look like?
The varieties and errors really interest me too.
I have to go catch some sleep now, and will answer anything I didn't get to yet, tomorrow. Thanks for all the info people. Will go enable my PMs and email now before sleep.
Edited by Dottir 09/24/2010 04:41 am
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Pillar of the Community
 Canada
864 Posts |
Okay, its not my night here. I'll have to try again tomorrow to enable email/PM contacting me. Not sure what I'm doing wrong but maybe sleep will clear my head. Sorry, again.
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Pillar of the Community
 Canada
864 Posts |
Alright! After a day and several attempts, my email me icon is finally activated and showing so anyone can contact me now ;)
I'll disclose my exact location privately but not in the forum, but will mention so you know, that I live in BC in a small town in the S East Kootenays area (a couple or few hours to Alberta border)
For the record, I got those pennies from the neighbor today and not "about $10 worth" as he said. Try $20.34 plus a nickel, four 25/30 year old game tokens, and what looks like a blank planchet, quarter size! I scored 4 wheaties, 1920, 1944, 1946 D, 1957 and 7 - 1960's (about 100 or so US pennies all total) All from that box of pennies today. Awesome to catch a 1920 and 2 war years cents at last!
Looks like I'll end up hanging onto a lot of pennies so will need to get some of those coin rolls and some of those flips pretty quick, so I hope someone might know of a local connection for me.
Thanks for all your comments and help!
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Bedrock of the Community
United States
20753 Posts |
For storage of coins I simply use the standard, everyday type of STUFF sold at coin shows and stores. I place most coins in Albums. Others go into 2x2's and those into a Whitman 2 row cardboard Box. Others where there is a multiple of the same thing, go into those plastic rolls. Albums are placed in Zip Lock Plastic bags with as much air pushed out as possible. For my famorite ones they are placed in 2 Zip Lock bags. And of course there are several jars of coins waiting to be looked at.
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Replies: 18 / Views: 3,310 |
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