New to collecting coins =)
weems
Posts: 19
Hello
I am 17 and I have always loved coins ever since I was little, but I never thought of collecting myself. But now I have decided to do so. However, I am rather scared of losing money, as I have no knowledge of any sort. So I figured the best thing to do was to order the cherrypickers guide (already done) and then buy rolls of coins from the bank, sort through, and return all the stuff I don't like to a different bank
. I don't like the modern stuff though...So I don't know how much this stuff will tide me over. Maybe this spring I'll buy a metal detector and hunt around for older stuff.
Should be fun. Maybe some day I will be confident enough to buy coins worth more than 5 bucks, heheh.
Anyway, just like to say thanks to you people. I have been reading through these forums a bit, and you guys are great. Lots of interesting information from friendly people.
~Jeremy, over in Vermont
I am 17 and I have always loved coins ever since I was little, but I never thought of collecting myself. But now I have decided to do so. However, I am rather scared of losing money, as I have no knowledge of any sort. So I figured the best thing to do was to order the cherrypickers guide (already done) and then buy rolls of coins from the bank, sort through, and return all the stuff I don't like to a different bank
. I don't like the modern stuff though...So I don't know how much this stuff will tide me over. Maybe this spring I'll buy a metal detector and hunt around for older stuff.Should be fun. Maybe some day I will be confident enough to buy coins worth more than 5 bucks, heheh.
Anyway, just like to say thanks to you people. I have been reading through these forums a bit, and you guys are great. Lots of interesting information from friendly people.
~Jeremy, over in Vermont
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<< <i>....and then buy rolls of coins from the bank, sort through, and return all the stuff I don't like to a different bank
That is pretty much how I started when I was a kid. I still think that is one of the better ways to see alot of coins on a budget and be able to see and discriminate differences from one coin from another.
I hope you stick around and enjoy the ride. It`s a good hobby.
Another tip, on buying rolls to look through, you can buy rolls of uncirculated somewhat older stuff from coin shops at pretty low prices. Uncirc Lincoln wheat cents in the late 1950's should still be available for $5-10 per roll, maybe less. Might be true for Jefferson nickels also. And if you get lucky and get a roll of nice ones, an ms66 might be worth the price of the roll by itself, and an ms67 will really put money in your pocket. Plus, varieties like doubled dies and repunched mint marks (rpm's) are a lot easier to spot on an uncirculated coin.
Have fun!
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
Although I would feel somewhat guilty opening an uncirculated roll that was that old...
I am in Pittsfield, MA...we have a local coin club that holds monthly meetings here on the last Sunday of every month. Our next club meeting is at the end of Februrary, if you are interested? If you do not live too far from here, please feel free to message me, and I will help to get directions and any thing else I can help to do. We also have an excellent local coin dealer, whom is very fair and extremely knowledgeable...
Gary
Have fun with whatever you do!!!
Glenn
.....from over here in Carolina!
Blue skies!
david
-Bochiman
If at first you don't succeed, then skydiving definitely isn't for you.
-unknown
You're lucky; there was no online coin board when I started!
Unfortunately your chances of finding CPG listed coins in your change are quite low. I might suggest trying to attend a show after having read the book a few dozen times, then use the knowledge to search through the dealer stock at the show.
Metal detectors are fun, but for the area I live in they are quite useless. Thousands of people have owned them here since the end of WWII, and just about anything worth digging has already been dug in any of the good public spots here.
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
but thats for another forum
...However, my area does date back to the late 1700's, and I'm quite sure there are areas in the local history books that people never knew to search.
And about the low chances of finding CPG coins in circulated rolls from the bank...
It sounds like you have a very mature approach for such a young beginning collector.
I collected from circulation for many years (still do) before I bought my first coin. By that time, I had a good basic knowledge of coins, their market value, and knew what appealed to me.
From a fellow collector in Virginia, I'd just like to say...
and...
Forbid it, Almighty God!
I know not what course others may take; but as for me, give me liberty, or give me death!
~PATRICK HENRY~
You've come to the right place to expand your coin knowledge, I learn something new just about every day.
Herb
Quite a few weirdo's here,but i mean that in a nice way !
You found a nice place to hang !
HERE IS ONE LINK
HERE IS THE OTHER
There are lots of experienced MD'ers on this website, especially LordMarcovan. I wont clutter this forum with MD stuff, but you should go to the MD forum. You'll learn alot there too.
People herer are GREAT!!! Grandson and I have learned a lot here.
Ron& Rob
I've thought about doing some detecting too; Vermont is full of old settlements that are nothing but cellar holes now. I'd look into old sawmill locations & such. Surely something interesting out there.
MD
I started with reading over a magazine or two that I bought just to get some basic knowledge.....
Then got the red book and read that over and studied that in detail.....
I would say hit the junk bins at a show and get some pennies, nickles and the such.....
I think I got about 20 coins for $30 dollars at the show, with the best being a '64 Kennedy.....
If you are going to go higher in money stick with professional graded coins from PCGS & NGC.....
Take this months most recent example... dug in a park I have totally hammered for ten years with modern VLF detectors (and first detected more than 20 years ago with an old TR unit). And one of my local counterparts has worked it for at least 20 years himself.
And this is in a part of the park I have probably worked harder than any other. The spot I found it was not very far from where I found THIS a few months before, in the same part of the park. (BTW, the "X" scratch on that coin is not recovery damage but is contemporary- done way back when.)
"Hunted out"? Ha!
Imagine the area you are hunting is a big piece of white paper, and your detector's searchcoil is a fine point black marker. Think of how hard it is to color a white piece of paper black with a fine line marker. There always seem to be little gaps and missed spots. That's the way it is detecting, and it's one good reason why a site can almost never be totally "picked clean". Sure- after a while, all the easy stuff gets picked clean, but there's always still stuff hiding there.