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Does anyone still do sets from circulation (including young collectors)?

While going through thousands of Lincolns pulled from circulation in the late 1980's, I was setting aside some of the nicer ones I came across. And then I wondered: does anyone even collect from circulation any more?

New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

Comments

  • I do

    I completed the 2nd and 3rd Whitman books for lincoln cents.

    I pulled as much as possible from Circ, then the rest I picked out of rolls
    Sets Complete:
    Eisenhower Dollar, BU

    Set Incomplete:
    Roosevelt Dime
    1900 - Current Type, No Gold
    Silver Eagle
  • I did up to a few years ago now I'm just working on my two Reistry set's. I still pull Stathood Quarters from circulation for my my wife who is doing three sets for the grandkids.
    U S Navy Retired 22 years - ENC(SW) Ret. - Travling Nuclear Maintanence Contractor - Working Indian Point Nuclear plant Buchanan New York
    image

    ">Franklin Halves
    ">Kennedy Halves
  • I used to fill up roosevelt dime and Jefferson nickel albums, but realized that I could take the money I was using to fill those and go buy some nicer stuff anyway. However I am working on 1cent, 2cent, and 10cent Canadian coins from circulation.
    Scott Hopkins
    -YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.

    My Ebay!
  • cladkingcladking Posts: 28,637 ✭✭✭✭✭
    Whitman and Harris are selling millions of the trifold folders for circulating coinage. While sales
    may not be as high as in the early '60's it has to be believed that many of these are getting filled.
    They are available at many of the larger book sellers right on the shelf. Most dealers inventories
    also include these folders for quarters, nickels, dimes, and cents. Indeed, it looks as though these
    supplies are actually moving of the shelves.

    More telling perhaps is the decrease in the numbers of better date and higher grade quarters which
    can be found in change. Dates like the '68-D are getting decidedly difficult to locate and when they
    are found there is a growing chance that they'll be damaged. Collectors seek the better examples
    of all coins they collect so where only about 25% of common dates are damaged, about 50% of the
    better dates will be damaged as the nice examples are removed.

    There are many varieties which were not discovered until long after the coin was in circulation. With
    some of the moderns this will prove disasterous to future collectors (and current) because these coins
    were simply not saved in rolls and bags and usually don't exist in mint sets. Such coins are now only
    found in worn condition and in circulation. Some of these are also scarce.
    Tempus fugit.
  • I started my collection at 8 with Lincoln Pennies from circulation. I was amazed at what a variety of dates you could find if you just bothered to look at what was in your pocket.

    Now I'm 24 and I don't have the time for searching through tons of pennies, but I still collect state quarters from circulation. There is something fun and thrilling about finding that missing state or mint or finding a better condition than one you had previously in your album. And all it costs if is the cost of that one coin you'll never spend. State Quarters are neat, but IMHO, are overhyped in high mint state and especially proof conditions. My guess is that these prices will be much lower after the series has run its course and reasonable collectors realize that everybody and their grandma (especially grandmas) has such high pops of the proof and silver proof sets that they really won't be worth as much. Plus, I don't find the state quarters visually interesting enough to "need" stunning proof examples. Texas and Florida were such disappointments......

    But it is fun to get each new quarter as it comes out, and search for Denver mints (fewer of them here in NY). I have a Dansco album I keep them in, and everytime my wife comes in with $50 of quarters from the bank for laundry, I hijack them for a few minutes and search them. This is real coin collecting---not dropping thousands of dollars for a piece of plastic with an encapsulated something that a normal person would pay 1/10 the price for.....

    So yes... coins from circulation are great.

    In another vein, I am thinking of starting a collection of circulated Morgans. I saw somebody here once post some photos, and I was impressed. I find wear on classic coins to be so cool--who knows who touched the coin? MS coins from the 19th century sat in a bank vault... no history there....

    A good circulated sets looks, IMHO, much nicer than a technically nicer set with no life...
  • I am keeping the best two of every date and mintmark that I find in circulation.
    Young Numismatist that collects: Morgan Dollars, SAE, Proof Sets, and Liberty Nickels.
    I also love to go through rolls to find coins.
    BST
    image
    MySlabbedCoins
  • prooflikeprooflike Posts: 3,879 ✭✭
    State quarters here....

    image
  • I'm working on a complete penny and nickel set from circulation

    jim
  • Yes. Additionally some folks keep dug coins. My daughters friend family is not in the best economic condition. She (the friend) shares my interest in obsolete American coins. I give her some of my common date dug coins. Occasionally I give her a common date that wasn't dug. I can't even afford to have high grade coins, let alone give them away. I collect coins that appeal to me. Not one is a big $$$$$ coin. Not one is rare or scarce, but they are awesome to me.
    This summer I gave her Barber dime (slightly bent) and a merc. (winged liberty for you purist). Today I dug a buffalo nickel (not clean enough to see the date yet) and a 1942 S merc. that looks like new to me. There is a real good chance that she'll end up with those too. Why? Cuz when that little kid gets a coin she smiles real big, says Thank you, and you can see she means it. Collect what you like, that way regardless if they go up or down in value you're happy with what you have. image

    HH Metaldtct
    That we are to stand by the president, right or wrong is not only unpatriotic and servile, but is morally treasonable to the American public.~Theodore Roosevelt-Republican president.

    We know that dictators are quick to choose aggression, while free nations strive to resolve differences in peace.~George W. Bush.






  • coinbufcoinbuf Posts: 11,286 ✭✭✭✭✭
    I'm on my forth set of nickels pulled from circulation. Thay will never be worth much but its fun.

    Chris
    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • I still pull wheat cents from circulation. Most of them go into my junk box, but a few end up filling holes in Whitman folders. Don't see very much silver anymore, but once in a whiole one still comes my way. I had a period of about 3 weeks where I pulled 3 silver Roosies, 4 Mercs, a Buff and probably 2 dozen wheats from circulation, then they just stopped. image I also got a roll of nice red BU 1958-D cents from a bank recently.
    image
    image
  • InYHWHWeTrustInYHWHWeTrust Posts: 1,448 ✭✭✭
    Yes! Pennies, nickels, dimes and quarters....and half dollars from rolls at the bank, once or twice a year. Lots of fun with our four children! I don't find silver much at all. My challenge is find the highest grade of AU in circulation, always something to do.

    BTW, after 1 year of looking, I still haven't found a 69-D, 71 or 71 D Washington quarter from circulation, any grade!!

    Anyone else with tough dates?

    don
    Do your best to avoid circular arguments, as it will help you reason better, because better reasoning is often a result of avoiding circular arguments.
  • ShamikaShamika Posts: 18,781 ✭✭✭✭
    I do with my son. I want him to appreciate "the hunt".



    Buyer and seller of vintage coin boards!
  • cladkingcladking Posts: 28,637 ✭✭✭✭✭
    ttt
    Tempus fugit.
  • I'm looking through a few rolls a week. I couldn't complete the Jeff nickels so I'm buying the last few to complete the set. But I'm still getting them by the roll and looking through them. I have more than a roll of 57D, 58D and 70S pulled out. I'm surprised at getting 9 1939 Jefferson's in the last year from rolls. I think they are about the oldest coin you'll expect to find in circulation.

    I'm also looking through cents for the guy at coppercoins.com. He asked if I would go through $50 this year, I'm $7 short right now and pickings are very slim in cents here in Colorado Springs.
    Some call it an accumulation not a collection
  • USMC_6115USMC_6115 Posts: 3,005 ✭✭✭✭✭
    My Dad had a bunch of old Whitmans around (cents, nickels, dimes, quarters) in various states of completion that I'm currently doing with pocket change. It takes a while, but it's doable and fun..
  • Doesn't seem worth it anymore.

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