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Advice for a New Collector

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  • CryptoCrypto Posts: 3,673 ✭✭✭✭✭

    -find a book
    -find a series
    -find a friend/mentor in that series
    -then start buying.

    The friend and the book are where the joy comes from in the hobby. Not the buying

  • Eldorado9Eldorado9 Posts: 2,266 ✭✭✭✭✭

    Stick with PCGS/CAC graded coins. Find somebody who is knowledgeable, and can review your purchases ahead of time, and give you an opinion. Eye appeal is very important when buying coins....Familiarize yourself with Coinfacts.com, and check out the PCGS Registry sets of the series you like....It's important to understand what top quality coins look like, and then you can gauge your purchases better. Have fun....ask lots of questions. Don't be in a rush to buy a coin. Like everything else in life, you get out of it what you put into it. A type set is a great thing to work on. Walking Liberty halves are also really great coins. a Gold type set...lots of options...

  • yspsalesyspsales Posts: 2,299 ✭✭✭✭✭
    edited February 18, 2021 11:51AM

    Look for great strike quality for a particular series, mint, year/s.

    Find a well struck coin that typically has poor strike issues for that mint/year and you have cherrypicked a treasure.

    I recently asked this forum for the Lincoln cent choice. 1916p is my target

    I will repeat my earlier claim that a Type set of key dates from popular series is a great project. Popular, liquid, and likely to retain more value longterm.

    I am starting over. Have picked a few varieties in recent weeks with just a cherrypicker guide and ebay. Everything else is for sale

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • spirityoda1spirityoda1 Posts: 272 ✭✭✭✭
    edited October 3, 2021 10:11AM

    That's easy. Buy books on coins you are interested in buying. Learn all about them first. Buy coins YOU are interested in. Shop around. Know how much money you want to spend on a coin. Most important thing is having fun doin it.

    Coin Junky...

  • vulcanizevulcanize Posts: 1,407 ✭✭✭✭✭

    I only advised two things to my young kid starting off and he has done okay so far.

    Don't rush into it but buy whatever you like and ONLY buy what you can afford.
    Never regret whatever you bought and never buy anything you would regret.

    There are some things that only experience can teach no matter how many books one may read up and the bottom line is to really enjoy the hobby. ;)

  • vulcanizevulcanize Posts: 1,407 ✭✭✭✭✭

    @ambro51 said:
    _Holy Chit the guys just starting out and you want him to take on ELIASBERG_ :D

    LOL.

    Must have got overwhelmed or dropped the idea of collecting. This was the only post by thread starter and never logged in after February 27, 2021 ;)

  • gumby1234gumby1234 Posts: 5,574 ✭✭✭✭✭

    Read coin books. Start with a current Redbook. Look at lots of graded coins in whatever series you choose to collect. Make friends with collectors and dealers and ask their opinions. Start out slowly. Buy lower cost coins until you have more confidence .

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @vulcanize said:

    @ambro51 said:
    _Holy Chit the guys just starting out and you want him to take on ELIASBERG_ :D

    LOL.

    Must have got overwhelmed or dropped the idea of collecting. This was the only post by thread starter and never logged in after February 27, 2021 ;)

    I think maybe he found a million dollar coin in a parking lot, and retired to the Caribbean

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.

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