What Is a good coin to collect
Landon6
Posts: 157 ✭✭✭
what do you think is a good coin to collect
0
Landon6
Posts: 157 ✭✭✭
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Mexico 1 oz silver onza
It depends on a number of things. What kind of budget do you have? How much do you know about numismatics? Are there historical events that interest you?
Assuming your are very new to coin collecting, You can always start by saving as many different dates and mintmarks from change or search rolls from the bank. Over time you should be able to find many current Lincoln cents, nickels, dimes and/or quarters. The good thing about this is that they will only cost you face value, and you can always spend them and get your money back.
I strongly suggest you buy a book called “A Guide Book of United States Coins” by RS Yeoman. It’s published every year by Whitman. It's primarily a price guide but has a lot of other information about nearly every type of US coin. If you spend a little time looking through that, you’ll definitely find something interesting to collect. It will be the best $10-15 you’ll ever spend on the hobby
They are all fun to collect. What you collect will most likely change several times if you stay in the hobby.
The best place to start is with a design you like.
Coin collecting depends on personal interests....Type of metal, modern, older coins, what type (i.e. cents, nickels, dimes, quarters, halves, dollars), mints, varieties, errors.... there are many choices....I suggest you get the Redbook on coins (local bookstore) and do some reading and look at the pictures. Let us know what you decide, or if you have further questions. Cheers, RickO
What Oldhoopster said above....get a Red Book.
Another good book similar to the one Oldhoopster (great advice btw) is The Coin Collector's Survival Manual by Scott Travers.
It’s only limited by your imagination and budget. A Red Book is a great first thing to buy or borrow from your local library. So many cool things to learn and see and you may just get inspired.
TurtleCat Gold Dollars
Type collecting is a good way to start. You can buy the nicest example you can afford of each major design type. Also, get a Red Book and read through it to get a feel for the hobby. Also, participate on the coin forum here.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I suggest you start out with a 1943 Steel penny. Read up and learn why it's the color it is. Then get an Indian Head penny. That's how I started. So many cool coins to collect!
Early dollars, strictly in uncirculated condition.
Seriously though, most 20th century coins are easy to get into and fairly plentiful.
Collector, occasional seller
Nice, Original, Mid Grade Barber Halves!
Very good advice.
Whatever strikes your interest...and within your budget.
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Many of us started out collecting Lincoln Wheat pennies. They are very inexpensive with a few exceptions, have a nice design, span dates with some incredible history, and are readily available. I would buy a Whitman coin folder and add them as you get them.
So many options, if your young and just starting out collecting the current statehood and park quarters can be done from everyday change. I am a longtime Lincoln cent collector and enjoy those coins very much, find something that you enjoy looking at and then decide if you can afford to collect that type of coin. Another great suggestion is to do a type collection like the 7070 set or an everyman set, I suggest you look through the registry sets here that have photos. One of those may spark your interest.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
i started a 9 and im 12 i have a decent collection
First off, Welcome to the Boards!!!
As mentioned above, collecting coins from change is always a good way to go. There are lots of decent reverse designs on the statehood and park quarters. There are also a few date specific reverse designs on the Jefferson nickel and the Lincoln cent. In 2004 - 2005 on the Jefferson nickel there were 4 reverse designs called the Westward Journey Series commemorating the Louisiana purchase and the travels of Lewis and Clark. In 2009 the 200th anniversary of the birth of Abraham Lincoln was celebrated by minting cents with 4 reverse designs representing different stages of his life.
Also, by looking at your change, you may be able to "cherry pick" various varieties if you're interested in that sort of a thing. Here's a link to a website that deals with Lincoln cents and their varieties: lincolncentresource.com
With regards to coins that you'd have to go online or to a coin store to get, I'd recommend the Franklin half dollar series. It's a short series (1948 - 1963), the coins are big, they are 90% silver, in MS63 they are fairly inexpensive, and Ben Franklin was a fascinating guy.
If you have any questions about Franklins PM me and I'd be happy to help.
Whatever you do decide to collect, remember the single most important thing to do is to HAVE FUN!!!
U.S. Type Set
The best coins to collect are the ones you enjoy that you can fit into your budget. Taking advice from experieced collectors is advised, but they should not determine what you collect.
When I was young, in the 1960s, I liked U.S. gold type coins. People advised that they were are safe, but not a good investment. That advice turned out to be wrong. I bought pieces for less than $50 that now worth a few thousand. Coin collecting is like everything ellse. Tastes change over time.
Coins that you ENJOY THE MOST, CAN AFFORD and become the MOST EDUCATED on are the coins you should collect and deal with. It's really just that simple.
For the coins that interest you the most, be sure to search the forums to read about them, maybe use the PCGS CoinFacts App to use the Photograde portion of the app so that you learn how to grade them by sight and then compliment that with a book that provides finer details about the grading of them and then study a good overall book that covers the series well. Learn pricing by studying price guides, watching auctions and maybe buying/selling a few to learn more.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Awesome! Welcome to the boards!
Gold
"A dog breaks your heart only one time and that is when they pass on". Unknown
Avoid Barber coinage. They are a cross between ugly, and dull.
Dave
You already like Franklins, and that’s a great set to collect.
Mercury Dimes are another good place to start, as well Buffalo nickels and wheat cents. You could put together a nice collection of Indian Head cents, too, if you like those.
On top of all the good advice above, let me combine two aspects and encourage you to find coins you like the look of within your price range. If you only like shiny or lots of details and have a tight budget, you’ll want to stick with newer stuff (state quarters, Kennedy halves). If you like the look of wear and dirt, you’ll collect different things (circulated Franks, Buffalo nickels, etc.).
state quarters
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Or something else that might tickle your fancy..
Obtain the best examples of what-ever you choose and build from there. It's a great hobby and, over time, you'll find your favorite. Everyone is different, that's what making collecting personal and special. Have fun.
State Quarters and ATB Quarters are the best for young kids, cheap and easy to assemble from circulation. Or go for the golden dollar, the most beautiful modern coin out there aside from the 2009 UHR.
i love that
For sorting I go by TPG, country, denom, date. Bullion coins separate category by country. Material mostly PCGS, NGC with some ANACS, ICG. I do not play the holder, sticker Game. Would go broke. For MV / Sell starting point I may by TPG price, Krause, L&C Coins price, or cost plus. World low pop graded items are a wild card (lack of adequate pricing data) which could be cost x2,3 etc. I gauge how much somebody would spend on a pro sports game, strip club VIP session / visit as analogy in pricing these especially if single digit pop, lack of pricing data, cost plus pricing an absurdity (item worth much more).
In selling (online or table at show) Yes many coin people tire kickers, digital cheapos / just ignore them them go with your gut, especially on PQ or super low pop keeper material. Many will try haggle with you (selling) low ball offer bc trying cover grading cost (upgrade) or sticker cost (use the CAC bid in sheet for pricing basis). Don’t let them, stuff them in backfield. Your not there to finance their cherry-picking. I am not saying not meet them halfway or discount the item 10 pct to move it. For me rock bottom (don’t mind leaving room for other guy) may be higher of cost or bid plus 10 pct (if not keeper) or simply cost plus $5 (say item under $50).