I'm New And Going Broke. - Page 2 - Coin Community Forum

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Author	Replies: 21 / Views: 4,064	Page: of 2

beaglebailey Pillar of the Community United States 716 Posts	Posted 07/11/2011 07:50 am There is an unwritten rule for new coin collectors, 'buy the book before the coin'. I know it is a little late to be telling you this but it is good advice for future reference if you decide to continue coin collecting. It seems to me that you jumped in with both feet, bought a little bit of everything and got burnt. Take some time to research your hobby, set some goals and go slowly. Report this Post to the Staff
fcrazo Pillar of the Community United States 651 Posts	Posted 07/11/2011 08:32 am to further your education consider joining a local coin club as well. If you consider collecting something, try to focus on an area of interest. Focusing makes things easier on collecting and the pocketbook. It's easy to get distracted and buy anything and everything. I've been there. Report this Post to the Staff
tlsweet Valued Member United States 111 Posts	Posted 07/11/2011 6:31 pm I saw this post and I had to post. I too am new and have also have quite the collection. I agree with another's post about roll searching. Which I'm doing, and have finally decided on concentrating on collecting pennies, each year commemorative, and the National Park quarters with my grand daughter. I too have spent a lot of money recently. This collecting is very addicting. And doing it late in life I felt I had to get it all... Get that house bought first. Then regroup and figure out what it is you'd like to have. Good Luck! Report this Post to the Staff
representin7s New Member United States 43 Posts	Posted 07/11/2011 7:00 pm I think I would try and trade the wife for more coins! Then you could look for a smaller house and spend more money on more coins!! Well in all seriousness what ever you end up doing definitely stay away from the plated bars no investment benefits in those at all. Report this Post to the Staff
satxwd Valued Member United States 321 Posts	Posted 07/11/2011 9:02 pm Keep all of these coins and give them to your kids. That's better. Report this Post to the Staff
RMAN4443 Valued Member United States 187 Posts	Posted 08/10/2011 05:19 am I'm new to collecting myself,and I agree with you that it's easyu to go overboard,but as suggested roll searching is fun and very very inexpensive Report this Post to the Staff
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