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Is It Worth Buying RCM Sets?

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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 05/19/2011  10:52 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
This has to be one of the coolest animal coins I have seen in a long time, I love it.

http://www.pariscoins.com/mongolia-...alensis.html



Is-It-Worth-Buying-RCM-Sets?
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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Edited by SPP-Ottawa
05/19/2011 10:54 pm
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Mellowgirl's Avatar
Canada
45 Posts
 Posted 05/20/2011  12:26 am  Show Profile   Bookmark this reply Add Mellowgirl to your friends list Get a Link to this Reply
Wow that is one cool owl! It's stunning.

Thanks for sharing that.

I noticed the sets can be inexpensive. My son bought a 1987 specimen set at a flea market for five dollars.

I guess these are great starts as he learns to be more careful with his coins and gives him experience in finding information and grading.

Mostly we are collecting Canadian coins because he can search his change and it is accessible to us. We did get an American presidents dollar as change at a store, they thought it was a loon! They wanted to give us a loon but my son politely asked if he could keep it. Our first US gold color dollar.
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biggfredd's Avatar
United States
9104 Posts
 Posted 05/20/2011  03:16 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Being a new collector makes this confusing, in the coin books proofs don't seem as high valued as say ms64?

Is this correct or did I interpret it wrong?


Proofs are intended to be near-perfect examples of coins, where regular uncirculated (ms) coins receive no special handling.

It's therefore unusual to see a ms coin in 64+ grades, and equally unusual to see a proof lower than pr66.
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Libertad's Avatar
Canada
3692 Posts
 Posted 05/20/2011  08:38 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
One time for X-mas an uncle gave me an "Onza" (ounce) of silver. I asked him what it was worth and he said it's worth an ounce of silver. I was totally confused, but I got it straight later on. He gave one to practically all the cousins.

Don't give a kid bullion. That's a bad idea. You don't want to give the kid an early heart attack watching the tickers. There are plenty of banknotes that are cool to collect also, remember that. When I was first starting out I collecting War Nickels (WWII) because I found them odd and yet historically unique. Most boys like war stuff - there's an idea. Also, don't give him keydates. That's one way to lose history to a bag of chips. I think you should get a book so he can actively hunt for coins he likes.
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Ugly's Avatar
Canada
1733 Posts
 Posted 05/20/2011  09:05 am  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
My sisters kids are a lot younger than my own, I used to give them a bowl with three of four boxes of pennies in it and a few printouts on what to look for. They'd spend hours looking for die clashes and guitars, harps and so on. Then I'd make a big production out of labeling and sheeting their finds, we'd roll up the leftovers and put them in their bank accounts as the final reward. Sometimes it would be an hour a day over weeks. They still remember that happily and isn't that what's it's all about in the end?

As to RCM, when a new baby arrives, I hustle off and buy whatever the main gold coin is that year. They generally do well over time just because of metal value.
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uncle al's Avatar
Canada
311 Posts
 Posted 05/20/2011  11:55 am  Show Profile   Bookmark this reply Add uncle al to your friends list Get a Link to this Reply
The wife buys an uncirculated mint set for her nephews and nieces and great-nephews and nieces from the time they are born until they are ten years old for their birthdays. Then it stops. If they are going to get into coin collecting, then the bug will have been planted by then. Or it may come back to them later in life. It is a present that will eventually increase in value. Maybe not in my lifetime, but maybe in theirs.
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Mellowgirl's Avatar
Canada
45 Posts
 Posted 05/20/2011  12:23 pm  Show Profile   Bookmark this reply Add Mellowgirl to your friends list Get a Link to this Reply
Great ideas everyone!

It's funny Libertad, my husband came with a coin collection he was given as a kid. We were so excited to open it and we realized the quarters were missing. He had taken them out to buy candy at the store.

I love the idea of bowl sorting, where would I get that amount of coins?

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Ugly's Avatar
Canada
1733 Posts
 Posted 05/20/2011  12:39 pm  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
LOL... it was easy for me because the answer was "why the basement of course".

Banks will do boxes of coins if they have them to spare. Most of the time they do and rolls hunters here on the forumn are in abundance. Ask for a box of pennies or nickels etc and they usually have them.
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littlemoney's Avatar
Canada
902 Posts
 Posted 05/20/2011  2:04 pm  Show Profile   Bookmark this reply Add littlemoney to your friends list Get a Link to this Reply
I only buy the proof like or uncirculated sets. You never know what error you will find in those & they don't cost you an arm & a leg.
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