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Need Advice On How To Begin Sorting US Circulated Coins

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AU Filler's Avatar
United States
2 Posts
 Posted 10/17/2010  2:19 pm Show Profile   Bookmark this topic Add AU Filler to your friends list Get a Link to this Message Number of Subscribers
So...

I have this 32oz Coffee container that I've been throwing loose change in for a while. It's full and I was going to dump it in to one of those automatic coin counters at the supermarket down the street. I decided to go through it and begin the coin collecting venture. :)

I have about $400 of Pennies, Nickels, Dimes, and Quarters. I bought Coin folders for all of the years for each denomination. I'm currently going through the quarters and have enough to fill 2 sets of folders 1965 to 2009.

My questions are:

1. How do I choose between the best looking quarters? Are scratches on the face better or worse than faded lettering? Is a well defined Mint mark better to have than one that is less defined? (Add similar scenarios here).

2. Is a dirty looking coin with good detail better than a clean looking coin with some faded detail?

3. Should I fill more than 1 set of Coin folders, or is one enough?

I'm a detailed oriented person and can see myself creating many different categories...never letting go of any coins.

Help!
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vermontensium's Avatar
United States
16677 Posts
 Posted 10/17/2010  3:07 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Coins that have nice eye appeal are what I go after even in circulated condition. For what you are putting together, I'd avoid coins with grime or dirt and coins with scratches all over the obverse and reverse.

Now faded detail can be a good thing if all other devices such as lettering and design elements lack detail in some places and strong in others. This is known as a " Struck Through Grease" error where grease was on the die during the striking process thus resulting in parts of the coin to have smooth detail as opposed to a weak strike.

D mint marks on circulated coins, especially the older quarters and nickels, may have really no detail and can look like a blob of metal. It doesn't matter as long as you have a mintmark you can make out.

Start out with one folder and go from there. Take your time and have fun!
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mcshilling's Avatar
Canada
9156 Posts
 Posted 10/17/2010  6:32 pm  Show Profile   Bookmark this reply Add mcshilling to your friends list Get a Link to this Reply
All I can say is read, read,read and you will learn.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 10/18/2010  02:59 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I am from Sydney ( not Nova Scotia) was visiting some friends in the 'burbs of Las Vegas. I spied a large bikkie barrel, and I was perceived as being 'high falutin' coin collector. I was invited to have a look at current change and found nothing of value.

But I did have a lot of fun. I sorted every coin by denomination, then by type, and realised that I could get a complete States Quarters collection in one fell swoop! I separated those out and sorted them by State. I got 48 out of the 50, and the only reason that the set was incomplete was at the time, the last two types had not yet been issued!

I handed over $12 with a smile, and the 48 came back to Australia with me. About a year later, the two missing types turned up in the post! Yay!

I think I might have engendered enough interest in some folks in 'Vegas to add two more happy souls to the coin collecting fraternity!
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20753 Posts
 Posted 10/18/2010  11:21 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

To start with you probably need to purchase a copy of the Red Book on coins by Whitman Publishing. That book would allow you to get a little better idea of what you doing and looking for.
Unfortuately there is more than just the coins appearance to consider. Also, you may want to get familiar with error types since you could be getting rid of a valuable coin due to having one already. Not realizing the one you don't want is worth much more due to an error in minting.
A well worn coin could also be a valuable coin. A dirty coin too could be one of great value. For example a 1972 Lincoln Cent that is dirty but doubled could be worth many hundreds of dollars more than a bright shinning normal one.
Now here is the worst part of what your doing. If in fact those folders are the ones where you push the coins into a slot, no reverse is visible, those are not to great for coins. You push the coins in with your finger or thumb. Some people even use a rubber hammer. Your fingers leave oils and acids on the coins. The inside of the slots are full of glue from the manufacturing process.
Possibly not now but consider in the near future looking into the purchasing of what is called Coin Albums.
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AU Filler's Avatar
United States
2 Posts
 Posted 10/18/2010  6:40 pm  Show Profile   Bookmark this reply Add AU Filler to your friends list Get a Link to this Reply
Thanks for all of your input!

I do have the Red Book. I went straight to the Quarter Dollar section and didn't read the beginning. Not much to get excited about for Quarters 1965 to present, except for defects and the like. I'm gonna read the beginning of the book, does look interesting.

I'm a little perplexed about the reasons for not using the "Push-in" folders I have. I did look at the albums, but they seemed too expensive to get all the ones I would need. I'm putting coins that have circulated for years, vending machines, hands, bathroom floors, doggie digestive system, the elements, etc.. Seems funny to worry about the handling of the common circulated coin at this point, especially since I'm not cleaning them or anything. I will still entertain the possibility of the Albums, but should I get them for these coins that aren't worth more than their face value?

I definitely don't want to toss coins that may have some value to them. I'll hold on to them until I read more, I guess. Too bad there aren't photos of Valuable defects vs. Ordinary Non-valuable defects. I have a few quarters that have a faint arc-like strike/scratch on the flat part of the face side. Looks like it's the same degree of arc as the coin itself, but I don't know for sure. :-/

I'm off to read more. :-)
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