Home U.S. Coin Forum

As a new collector, what was the first coin that you ever bought? How much did you pay?

jmski52jmski52 Posts: 22,822 ✭✭✭✭✭

Mine was a 1909 vdb, in G or VG. I paid 25 cents in a Federated Department Store when they had small a coin counter. What was your experience.

Q: Are You Printing Money? Bernanke: Not Literally

I knew it would happen.
«1

Comments

  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭
    edited July 3, 2021 10:32AM

    I bought a 1963 proof set from Woolworths (I don't remember the price, and sold it ca. 35 years ago). I bought it around the time I started collecting coins in 1965.

    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • DDRDDR Posts: 1,585 ✭✭✭✭✭

    1935 Buffalo Nickel - 25 cents.

  • HydrantHydrant Posts: 7,773 ✭✭✭✭✭
    edited July 3, 2021 10:00AM

    A 1912 Barber dime. I think I paid 15¢ for it. Not much more. I still have it. It is in a plastic 2x2. I looked at it just recently. The plastic holder is smudged and grimy. Filthy! I thought about cleaning it then thought no........All that dirt is from the fingers of the little boy who used to hold and admire that dime.

  • Pnies20Pnies20 Posts: 2,287 ✭✭✭✭✭

    I bought an 1899 barber dime from a fair for $1 when I was about 7 or 8. I thought it was The coolest thing to have a coin from the 19the century.

    BHNC #248 … 130 and counting.

  • Mr_SpudMr_Spud Posts: 5,311 ✭✭✭✭✭
    edited July 3, 2021 10:30AM

    I can’t remember for sure, but I think it was some random foreign coins in a capsule from a bubble gum machine for a quarter in front of a small coin shop in South Hills Village mall in Pittsburgh when I was a really young kid. I remember buying other coins in the coin shop and also some from Woolworths and one other department store (Either Gimbles or Speigels?) in that same mall over the years when I was a little kid. I vaguely remember buying a 1943 Lincoln cent and a couple of Indian head cents in that same mall. I remember staring at all the coins in 2x2s in the coin shop display cases there for hours while my parents shopped in the mall.

    Mr_Spud

  • BillyKingsleyBillyKingsley Posts: 2,661 ✭✭✭✭

    There's two answers for me really. Around 1995 I started to get into the hobby a little bit, and made some purchases, but I didn't stick with it. It's unknown exactly what order they came to me in.

    I became an actual numismatist in 2008, and my first purchase then was an 1852 cent. I had just gotten into the hobby a couple weeks before a family vacation to Cape Cod. While driving around there I passed a coin shop and doubled back around to go in. It was my first time in a coin shop as a coin collector, but I didn't really know anything yet. I purchased the 1852 cent and a bent 1832 half dime that day both from the dealer's junk box. I can't remember if it was $5 each or $5 total, and I didn't know what either of them were at the time. I just knew they were old and new to me.
    That was in May 2008 and that bent half dime is still my oldest US coin.

    I consider that 1852 cent as the first coin I actually purchased. The ones from 1995...I still have them all of course...I don't count towards the collection because I wasn't truly collecting yet then.

    I should note that I did collect the State Quarters series but I didn't buy them... except a couple of proofs...I got them the natural way.

    Billy Kingsley ANA R-3146356 Cardboard History // Numismatic History
  • HydrantHydrant Posts: 7,773 ✭✭✭✭✭
    edited July 3, 2021 10:34AM

    @Sonorandesertrat said:
    I bought a 1963 proof set from Woolworths (I don't remember the price, and sold it ca. 35 years ago).

    The first "nice" coins that I had were in a 1963 proof set that my mother gave me at Christmas...... WHOA!👩‍👦🎄

  • WCCWCC Posts: 2,571 ✭✭✭✭✭

    1898-O Morgan dollar for $6 or $7.

  • JMS1223JMS1223 Posts: 1,105 ✭✭✭✭✭

    In 1993 I went into the local coin shop and remembered being amazed at the coins sealed into the floor. There were thousands of common foreign coins that they decided to have sealed into the floor design. I remember thinking this was so cool. When I was there on my first trip, I remember buying a 1943 steel cent, P, D and S for under a dollar. I believe I also bought a common date $1 silver certificate and a coin book. When I went to pay I got a common date Kennedy half dollar as part of my change. I was amazed at this because at the time I never owned one.

    That same shop moved in 1996 to a different location and had closed permanently about 5 years ago. I had much better memories of the shop when it was at its original location when the father owned it (the grandfather was its first owner and when it moved it became the son’s shop. After he died it was closed).

  • KliaoKliao Posts: 5,557 ✭✭✭✭✭
    edited July 3, 2021 11:31AM

    It was either a couple steel cents for a dollar each at a flea market or a 1937 avg circulated buffalo nickel for $1.50 at an antique mall. I was like 8-9 at the time

    Collector
    75 Positive BST transactions buying and selling with 45 members and counting!
    instagram.com/klnumismatics

  • Jzyskowski1Jzyskowski1 Posts: 6,650 ✭✭✭✭✭

    My first $10 not bad seemed almost risky in1991-93ish

    🎶 shout shout, let it all out 🎶

  • TomthemailcarrierTomthemailcarrier Posts: 641 ✭✭✭✭✭

    1964 Proof set from the U.S. mint. Cost me $2.41 and it was sent by registered mail.

  • Dave99BDave99B Posts: 8,529 ✭✭✭✭✭

    I think it was 25 AG-G Buffalo nickels, that I mail ordered from Joe Hollingsworth in Portland OR.

    Over 50 year later, I still have them!

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • BJandTundraBJandTundra Posts: 387 ✭✭✭✭

    A 1955 Proof Set in a Capital holder. Think it was about $4-5.

  • JimTylerJimTyler Posts: 3,377 ✭✭✭✭✭

    I grew up when you got coins from change. It wasn’t until I was an adult before it occurred to me that people buy coins. I bought a 1912-S 5c don’t remember what I paid but I found out like every beginner it was too much.

  • NapNap Posts: 1,723 ✭✭✭✭✭

    The majority of my childhood collection was inherited from my mother and grandmother. The first coin I remember buying was an 1803 large cent at Macy's department store in Herald Square, NY, I was about 11 or 12 years old. The first "serious" (i.e. not random coin I knew little about) numismatic purchase was an 1828 bust half dollar at a small-ish coin show when I was a teenager. The first "expensive" numismatic purchase was an 1836 reeded edge half at Stacks in NYC when I was about 21 or 22.

  • InlanderInlander Posts: 88 ✭✭✭
    edited July 3, 2021 5:41PM

    An early 1900s Indian Head Cent in XF from Auburn Precious Metals-- about 35 years ago. Just a few bucks I if remember.

  • coindeucecoindeuce Posts: 13,474 ✭✭✭✭✭
    edited July 3, 2021 5:46PM

    As a snot nosed kid in the 1960’s, my parents brought me and the four brothers here for a visit, where I bought some cheap 1800’s type coins. I think one of them was a Shield nickel.
    https://en.m.wikipedia.org/wiki/Valentown_Hall

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.americanlegacycoins.com

  • ike126ike126 Posts: 802 ✭✭✭✭✭

    I think i was 14 or 15 and i purchased a set of toned roosies for 350$. At the time i was working 1 day a week and i was only able to pay $50 a week lol

  • CoinHoarderCoinHoarder Posts: 2,584 ✭✭✭✭✭

    In the late 1960s, I bought a 1940s Walking Liberty Half Dollar for 60 cents. I bought it at a coin store at Universal Mall in Warren, MI. Up to that point, I only collected from circulation, and never thought that I would ever pay more than face value for a coin. It is quite beat up and ugly. I still have it somewhere.

  • WalkerfanWalkerfan Posts: 9,294 ✭✭✭✭✭

    In 1993-94ish, I bought a raw 1940-S Walker in XF/AU for $4 or $5....It was the FIRST WALKER that I ever purchased!

    I cite that coin as the genesis of my Walker collection.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭
    edited July 3, 2021 7:09PM

    Lost in the mists of time since it was around 60 years ago. I do remember purchasing a 1961 proof set from the Mint in 1961. I believe it was $2.10.

  • USSID17USSID17 Posts: 1,264 ✭✭✭✭✭

    @CaptHenway said:
    A 1955-S cent to complete my Lincoln book #2. Paid 50 cents at a coin shop for a BU.

    You know, I think that was my same exact story. It must have been around 1964 or 65. I came home and my father said; You paid HOW MUCH for a penny?!?!? :D

  • dogwooddogwood Posts: 1,935 ✭✭✭✭

    Probably in 1972 I bought a whizzed Buffalo Nickel for .75 cents from a circular coin display at Grants department store in San Jose (Cambrian Park).

    We're all born MS70. I'm about a Fine 15 right now.
  • rec78rec78 Posts: 5,734 ✭✭✭✭✭

    Mid 60's probably 1966 or 1967, I bought an 1816 large cent from an ad in the "Coin World" newspaper for $2.50 in G/VG condition. I wanted to buy the earliest presentable date that I could get for the lowest price. $2.50 was a lot of money to a kid in the mid 60's. I found a seller selling Randall Hoard dates (1816-1820) for $2.50 each and asked for an 1816. He obliged and sent me an 1816 which is still in my Large cent album in the SDB in the bank.

    image
  • mrcommemmrcommem Posts: 1,173 ✭✭✭✭✭

    @CaptHenway said:
    A 1955-S cent to complete my Lincoln book #2. Paid 50 cents at a coin shop for a BU.

    In the mid 60's it was also the last coin I need to finished the second Lincoln album. It cost me $1.00

  • BillJonesBillJones Posts: 33,964 ✭✭✭✭✭

    My first purchases from a professional coin dealer was at Gimbels Department Store just before Christmas 1963. In those days, you could come home with a box of seven or eight interesting 19th century U.S. coins for less than $100. My purchases included the three Flying Eagle cents in F-VF and two “big coins,” a 1908-S Indian Cent in VG to Fine @ $35 (a bit expensive) and an 1875-P Twenty Cent Piece in Fine (today’s VF) @ $20, which was a great buy.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • 2ndCharter2ndCharter Posts: 1,656 ✭✭✭✭✭

    In 1960, my aunt took me into a coin shop in Poughkeepsie, NY and I paid 10 cents for a circ. 1955-S cent to complete my Whitman Folder. (Still have it today).

    Member ANA, SPMC, SCNA, FUN, CONECA

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I grew up with silver common in change...and Buffs, SLQ's, IHC's still circulating....No coin shop, so never any thought of 'paying' for a coin. I was well into adulthood with a family and still collecting from change. I think the first coin I purchased was at a show in Phoenix, AZ.... and I think it was a CC Morgan....That would have been in the early to mid '70's, and when I first discovered coin shows. Cheers, RickO

  • VeepVeep Posts: 1,423 ✭✭✭✭

    Around 1970, I rode my bike with some other kids to the next town over and bought a beautiful new 1909 VDB for $3. I believed that would be the closest I’d ever get to owing an S-VDB. That wound-up not being true.

    I still have the one I bought in my childhood Whitman album.

    "Let me tell ya Bud, you can buy junk anytime!"
  • ernie11ernie11 Posts: 1,945 ✭✭✭✭✭

    The earliest coin for which I have a date in my inventory was on August 18, 1969, when I bought an uncirculated 1950-D nickel from a dealer for $15.50. A bit overpriced, even today, but it was a much hotter coin back then. But I have a memory of much earlier buying a 1939-D nickel for $5, and my mom cussing me out for spending that much money on a coin. How does a collector explain to their mom that they can't find these coins in circulation?!? The good news is that by 1969, she was the one who actually drove me to the coin shop to buy the 1950-D, so she obviously had finally come around. I dunno, but I'm guessing she must've consoled herself by telling herself that at least her son wasn't spending money on drugs. :)

  • PipestonePetePipestonePete Posts: 1,937 ✭✭✭✭✭

    @BillJones said:
    My purchases included the three Flying Eagle cents in F-VF and two “big coins,” a 1908-S Indian Cent in VG to Fine @ $35 (a bit expensive) and an 1875-P Twenty Cent Piece in Fine (today’s VF) @ $20, which was a great buy.

    I assume you meant "the TWO Flying Eagle cents...or else you really made a score on that purchase!

  • CoinHoarderCoinHoarder Posts: 2,584 ✭✭✭✭✭

    @ernie11 said:
    The earliest coin for which I have a date in my inventory was on August 18, 1969, when I bought an uncirculated 1950-D nickel from a dealer for $15.50. A bit overpriced, even today, but it was a much hotter coin back then. But I have a memory of much earlier buying a 1939-D nickel for $5, and my mom cussing me out for spending that much money on a coin. How does a collector explain to their mom that they can't find these coins in circulation?!? The good news is that by 1969, she was the one who actually drove me to the coin shop to buy the 1950-D, so she obviously had finally come around. I dunno, but I'm guessing she must've consoled herself by telling herself that at least her son wasn't spending money on drugs. :)

    Or, maybe your mom felt guilty for hollering at you for buying the 1939-D for $5. :)

  • bigjpstbigjpst Posts: 3,098 ✭✭✭✭✭

    I don’t remember the exact coins because for the first 10-15 years or so I only bought coins for the silver or gold value so as close to melt as possible. Mostly random merc dimes at .45c each. I remember buying a 1/10th gold eagle and some Morgan dollars at a San Diego coin store on my honeymoon. Somewhere around $40 for the eagle. Still have some of the 2x2 mercs. First certified coin I bought was a 1940 Lincoln cent in PCGS MS66 to start my 1940 mint set. I remember having a hard time paying $29 for a penny.

  • johnny9434johnny9434 Posts: 28,307 ✭✭✭✭✭

    A 3 piece proof set for the bicentennial. I don't remember the price now (crs took care of that one)

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭

    Flush with Bar Mitzvah money in 1958, I took a bus to downtown Trenton. NJ and put out $13.25 for a 1914 QE (Redbook rarity in XF-AU grade?). All previous coins were gifts or from pocket change.

    Then Hefner started publishing Playboy and my interests changed

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • keyman64keyman64 Posts: 15,506 ✭✭✭✭✭
    edited July 5, 2021 8:04AM

    In the early 1980s, as a kid, I bought a few. Not sure which was first though. I still have three of these four in the original 2x2s that I bought them in.
    1916-D Quarter in Fine. I think I paid $5-$9 for it. I don't recall exactly. Still own it.
    1963 Proof Quarter $3.25. Still own it.
    1939-D 5c in VF. Can't recall but I think it was a couple dollars. Still own it.
    1950-D 5c in VF for only a few dollars. Sold this one at some point.

    These were bought from the Gilder Shop in Tampa, FL. Although a changed location and under different ownership, the shop still exists. :)

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • RollermanRollerman Posts: 1,865 ✭✭✭✭✭

    In my actual beginning days, as a kid, I purchased nothing, just picked through change. When I became re-interested in coins in 1975, I bought a VG 1908 O Barber half for $5 from an old time dealer here in my town. 1908 was my Dad's birth year and I was interested in a coin from the New Orleans mint. That was my first purchase followed by many, many more!

    "Ain't None of Them play like him (Bix Beiderbecke) Yet."
    Louis Armstrong
  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    @BillJones said:
    My first purchases from a professional coin dealer was at Gimbels Department Store just before Christmas 1963. In those days, you could come home with a box of seven or eight interesting 19th century U.S. coins for less than $100. My purchases included the three Flying Eagle cents in F-VF and two “big coins,” a 1908-S Indian Cent in VG to Fine @ $35 (a bit expensive) and an 1875-P Twenty Cent Piece in Fine (today’s VF) @ $20, which was a great buy.

    Which Gimbels was it?

    I worked at the one in Valley Stream, NY and Roosevelt Field , NY But much later, about 1969 to 1970.

    Frank

    BHNC #203

  • TurtleCatTurtleCat Posts: 4,600 ✭✭✭✭✭

    I have no idea what the first coins I bought were. It was a long time ago. When I recently re-entered the hobby my first two were a Barber 1916-D 25c and a 1827 half. Both are now sold.

  • BillJonesBillJones Posts: 33,964 ✭✭✭✭✭

    @Treashunt said:

    @BillJones said:
    My first purchases from a professional coin dealer was at Gimbels Department Store just before Christmas 1963. In those days, you could come home with a box of seven or eight interesting 19th century U.S. coins for less than $100. My purchases included the three Flying Eagle cents in F-VF and two “big coins,” a 1908-S Indian Cent in VG to Fine @ $35 (a bit expensive) and an 1875-P Twenty Cent Piece in Fine (today’s VF) @ $20, which was a great buy.

    Which Gimbels was it?

    I worked at the one in Valley Stream, NY and Roosevelt Field , NY But much later, about 1969 to 1970.

    It was the big Gimbels across from Macy's.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    @BillJones said:

    @Treashunt said:

    @BillJones said:
    My first purchases from a professional coin dealer was at Gimbels Department Store just before Christmas 1963. In those days, you could come home with a box of seven or eight interesting 19th century U.S. coins for less than $100. My purchases included the three Flying Eagle cents in F-VF and two “big coins,” a 1908-S Indian Cent in VG to Fine @ $35 (a bit expensive) and an 1875-P Twenty Cent Piece in Fine (today’s VF) @ $20, which was a great buy.

    Which Gimbels was it?

    I worked at the one in Valley Stream, NY and Roosevelt Field , NY But much later, about 1969 to 1970.

    It was the big Gimbels across from Macy's.

    Oh, that was in Manhattan.

    nope

    Frank

    BHNC #203

  • USSID17USSID17 Posts: 1,264 ✭✭✭✭✭

    @jmski52-

    Don't mean to get off track with this thread. Let me ask Bill and @Treashunt a quick question.

    I'm from East Meadow and trying to remember. Did that Gimbels have a small lunch counter with stools in the back of the store as well?

  • divecchiadivecchia Posts: 6,632 ✭✭✭✭✭

    My first coin purchase was in 1987 when I was in my mid 20's at Filene's Basement in Boston when I paid $34.95 for a very low grade 1883-CC Morgan. This was before I actually started collecting coins. The first coin I purchased when I decided to start collecting coins was a few months later and it was purchased from a coin shop in Boston. It was a 1908 St. Gaudens No Motto raw for $600 or $650. At the time I purchased it I thought it was one of the most beautiful coins I had ever seen.

    Donato

    Hobbyist & Collector (not an investor).
    Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set

    Successful transactions: Shrub68 (Jim), MWallace (Mike)

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file