Home U.S. Coin Forum
Options

What did your parents teach you about coin collecting?

CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

My dad collected old fishing lures...so not much help there.

;)

«1

Comments

  • Options
    mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    Nothing.

  • Options
    ParadisefoundParadisefound Posts: 8,623 ✭✭✭✭✭

    NADA ;) They taught me NOT to spend $$$ on coins and get more goats instead ;)B)

  • Options
    BaleyBaley Posts: 22,663 ✭✭✭✭✭

    My dad kept the coffee cup of his grandmas junk silver in the cabinet above the fridge, along with a the good booze, his stack of penthousees, his pistol, and the spare keys to the 64 1/2 Mustang.

    I got interested in the other stuff a few years later, but the 8 year old me was fascinated with that secret cup with 3 peace dollars and a 21 morgan, 33 silver roosies, one eachslick slq and wlh, one 1901 ihc, and one 1959 British ship halfpenny.

    Liberty: Parent of Science & Industry

  • Options
    CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @Paradisefound said:
    NADA ;) They taught me NOT to spend $$$ on coins and get more goats instead ;)B)

    Good advice. It is tough to fricassee a bust half.

  • Options
    cameonut2011cameonut2011 Posts: 10,458 ✭✭✭✭✭

    My parents always preached about the limited liquidity and risk of coins.

  • Options
    ZoinsZoins Posts: 34,478 ✭✭✭✭✭

    Coins are for enjoyment, not investment.

  • Options
    ParadisefoundParadisefound Posts: 8,623 ✭✭✭✭✭
    edited September 20, 2018 11:09PM

    Delicious...... 2nd choice... braised in coconut milk Indian style AND guess what? No need to mow the lawn B)

    @Coinstartled said:

    @Paradisefound said:
    NADA ;) They taught me NOT to spend $$$ on coins and get more goats instead ;)B)

    Good advice. It is tough to fricassee a bust half.

  • Options
    CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Ghee, that sure sounds good!

  • Options
    BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    Dad was into photography. I could load a roll of 35mm into a developing reel before I could ride a bike. I was developing B&W before I hit puberty.

    Mom dabbled in coin collecting. She used a lot of scotch tape. :D

  • Options
    SwampboySwampboy Posts: 13,236 ✭✭✭✭✭

    Zero
    Nada
    Zilch
    They made me stop collecting coins in 8th grade because of a discipline issue.
    I'll be all right.
    I talk to my doctor about this.

    "Inspiration exists, but it has to find you working" Pablo Picasso

  • Options
    RegulatedRegulated Posts: 2,994 ✭✭✭✭✭

    @Paradisefound said:
    NADA ;) They taught me NOT to spend $$$ on coins and get more goats instead ;)B)

    When I'm at a coin auction, I try to avoid the goats.


    What is now proved was once only imagined. - William Blake
  • Options
    CoinCrazyPACoinCrazyPA Posts: 2,899 ✭✭✭✭
    edited September 20, 2018 11:27PM

    My dad was a weekend hustler at the local flea markets. He would buy from one dealer and run around and sell to another at different flea market. He told me that he made more money doing that then he did working on the line at Chrysler. This was back in the mid 60's to the early 80's.

    Positive BST transactions: agentjim007, cohodk, CharlieC, Chrischampeon, DRG, 3 x delistamps, djdilliodon, gmherps13, jmski52, Meltdown, Mesquite, 2 x nibanny, themaster, 2 x segoja, Timbuk3, ve3rules, jom, Blackhawk, hchcoin, Relaxn, pitboss, blu62vette, Jfoot13, Jinx86, jfoot13,Ronb

    Successful Trades: Swampboy,
  • Options
    rmorganrmorgan Posts: 249 ✭✭✭✭

    My dad taught me about dates, mint marks, always checking change to fill an open spot in a Whitman album, and how to use the Red Book.

    My strategy is about collecting what I intend to keep, not investing in what I plan to sell.

  • Options
    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    My parents, nothing, but I inherited some coins from my grandfather !!! :)

    Timbuk3
  • Options
    3keepSECRETif2rDEAD3keepSECRETif2rDEAD Posts: 4,285 ✭✭✭✭✭

    “Listen to your Gramps!”

  • Options
    CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @BackroadJunkie said:
    Dad was into photography. I could load a roll of 35mm into a developing reel before I could ride a bike. I was developing B&W before I hit puberty.

    Mom dabbled in coin collecting. She used a lot of scotch tape. :smile:

    Had a dark room in the basement as well. Recall bypassing the reel a few times when the film was damaged. Working in the dark was a good experience.

  • Options
    291fifth291fifth Posts: 25,183 ✭✭✭✭✭

    Nothing. They had no interest in coins or collectibles.

    All glory is fleeting.
  • Options

    My father had some old coins he let me have and that got me started. They didn’t get collecting so no encouragement but to their credit they didn’t get in my way.

  • Options
    TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    not a thing

    Frank

    BHNC #203

  • Options
    oih82w8oih82w8 Posts: 13,054 ✭✭✭✭✭

    My Day had a vase on the top shelf in the kitchen which I discovered, when I was in 2nd grade (1973-4), was about 3/4 filled with half dollars. I skimmed a few off the top and bought popcorn (10c a bag) for the class. I was ratted out by my sister who stopped by to bring me a bag of popcorn and I already had a couple. I later found out that those half dollars were (at least 40%) Kennedy's that my dad plucked out of circulation knowing that they were silver. We had a "hand to bottom" discussion and he later showed me what to look for in case I had any coins in my possession.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • Options
    RWMRWM Posts: 208 ✭✭✭

    Parents had a coffee can of Kennedy halve dollars. They thought that they might be worth money someday. Dad gave me my first coin, Franklin he got in change in the late 70s. He didn't collect. My coins as a child came from a great aunt. Every Christmas or birthday it was a new Morgan or Peace dollar. She also got my first ASE. A1986 proof. She had no children, so when she passed I got a wide assortment of old US and foreign coins.

  • Options
    SmudgeSmudge Posts: 9,969 ✭✭✭✭✭

    In 1965 dad said, "well there goes money". He did not collect, but would take me to coin shops mostly to shut me up.

  • Options
    silverpopsilverpop Posts: 6,936 ✭✭✭✭✭

    my parents never taught me about coin collecting, i learned collecting on my own

    opinions are words spoken by those who have little or no clue on the issue in front them

    likes do not pay bills, buyers do

  • Options
    JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    Absolutely nothing.

  • Options
    chumleychumley Posts: 2,305 ✭✭✭✭

    used to stand by the desk I am currently sitting at.....with my father,while we compared his pocket change with his Lincoln cent album

  • Options
    BillJonesBillJones Posts: 35,800 ✭✭✭✭✭

    No much of anything. They gave me money or opportunities to earn so it so that I could buy coins. My father's only advice was "never sell a coin because they are no making any more them them."

    He took that approach to the stock market too, and I had to make some adjustments to his portfolio once a had control of it for my mother.

    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 ... ?
  • Options
    MoldnutMoldnut Posts: 3,116 ✭✭✭✭

    That I should collect stamps.

    Derek

    EAC 6024
  • Options
    lkeneficlkenefic Posts: 9,348 ✭✭✭✭✭

    Zip... zero... nada...

    I learned all of my bad habits on my own...

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • Options
    rmorganrmorgan Posts: 249 ✭✭✭✭

    My wife pointed out the opportunity to share my coin interest with my grandson. So I'm going going to start a weekly activity with him of working on a penny collection. ...Whether or not your parents influenced you, you have an opportunity to pass it on to someone.

    My strategy is about collecting what I intend to keep, not investing in what I plan to sell.

  • Options
    thisistheshowthisistheshow Posts: 9,386 ✭✭✭✭✭

    My mother saw my interest in coin collecting as a natural thing, because her mother was a collector. It was at my grandmother's dining table that I gained my childhood interest in coins. That interest faded, but was re-sparked much later in life, partially by my mother mailing me my old trinket box of coins and tokens that she had held onto for over thirty years.

  • Options
    tommy44tommy44 Posts: 2,341 ✭✭✭✭✭

    Nothing.

    I got hooked in my early teens looking over the forty cents in cash I collected Saturday mornings from the people on my paper routes. Most would give a ten cent tip and round it up to fifty cents. By the time they raised the price to fifty cents most of my tips disappeared. I still got to look at all the change but less of it got to go into my blue Whitman folders.

    it's crackers to slip a rozzer the dropsy in snide

  • Options
    SiriusBlackSiriusBlack Posts: 1,120 ✭✭✭✭✭

    @BackroadJunkie said:
    Dad was into photography. I could load a roll of 35mm into a developing reel before I could ride a bike. I was developing B&W before I hit puberty.

    Parenting done right!

    My parents aren’t collectors but my mom the bookkeeper has tried to explain the error in giving someone $20 and only receiving a quarter in return. :D

    Collector of randomness. Photographer at PCGS. Lover of Harry Potter.

  • Options
    pocketpiececommemspocketpiececommems Posts: 6,088 ✭✭✭✭✭

    My Dad was a hard working farmer back when they used a two row cultivator. He did get us interested in collecting when he would get us $25 & $50 bags of pennies from the bank to look through. In that respect he got me started

  • Options
    CCGGGCCGGG Posts: 1,267 ✭✭✭✭✭
    edited September 21, 2018 8:16AM

    Nothing really... Although, I do remember when I was a kid that my dad did have about 25 silver dollars (~XF's Morgans and Peace) which he picked up in change when he was younger. I always like to look through the coins whenever he took them out. He kept them in an old wool army sock. ~50+ years later inherited them, still in the same old sock. Total value "silver melt". I still have them but I threw away the sock. :)

  • Options
    thefinnthefinn Posts: 2,657 ✭✭✭✭✭

    My dad got me started by giving me an 1887-O Morgan $ in 1970. I still have it. Then he would take me to LCS's, coin shows and flea markets. I got a 1961 proof set for Christmas one year. Everyone knew I collected and encouraged me. It made all the difference.

    thefinn
  • Options
    rickoricko Posts: 98,724 ✭✭✭✭✭

    My parents did not collect coins...though my Dad had a few Morgans and some old German silver coins in his sock drawer (I have the German coins now). I started collecting odd coins when I had my paper route...and it has not stopped. Cheers, RickO

  • Options
    WalkerfanWalkerfan Posts: 10,284 ✭✭✭✭✭

    Nothing from my mom but my dad got me interested by giving me a lot of silver coins from the 1930s, 40s, 50s and 60s. He also bought me a GSA CC Morgan. He encouraged me, in the beginning, but thinks I spend TOO much on coins, now LOL. Most collectibles are not really a good investment but he did say that he thought that coins were better than most others.

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

    My Full Walker Registry Set (1916-1947):

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

  • Options
    bigmarty58bigmarty58 Posts: 2,002 ✭✭✭✭✭

    Mom and I had a penny jar where we plucked out Wheat cents and filled our album. Sadly with all the moves over the year's I cannot find that album.

    Enthusiastic collector of British pre-decimal and Canadian decimal circulation coins.
  • Options
    Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited September 21, 2018 8:43AM

    Nothing. Additionally, my very successful father could never understand how anyone could make a decent living as a numismatist. :)

  • Options
    BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    My dad very casually collected silver dollars. He was always very supportive of my interest in numismatics. Dad was always very busy making money, he never did get his many personal collections organized.

    Dad had an uncle by marriage who was a fantastic silver bug. His uncle taught me some of the basics about buying coins.

  • Options
    ernie11ernie11 Posts: 2,110 ✭✭✭✭✭

    Nothing. I taught them.

  • Options
    divecchiadivecchia Posts: 6,714 ✭✭✭✭✭

    The only thing my parents taught me about coins or money in general was how to save it. My father did show me the first old coin he found in the US. That was a 1916 Buffalo nickel.

    I picked up coin collecting for the first time when my wife found some rolls of silver quarters at the bank when she was a teller.

    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)
  • Options
    ParadisefoundParadisefound Posts: 8,623 ✭✭✭✭✭

    Donato; I remember your 1916 Buffalo nickel story ...... it touched my heart and still does <3

    @divecchia said:
    The only thing my parents taught me about coins or money in general was how to save it. My father did show me the first old coin he found in the US. That was a 1916 Buffalo nickel.
    Donato

  • Options
    stevekstevek Posts: 32,310 ✭✭✭✭✭

    My Mom bought me a Whitman Lincoln cent album, 1940 to present, and I was hooked. :)

  • Options
    BuffaloIronTailBuffaloIronTail Posts: 7,742 ✭✭✭✭✭

    @Paradisefound said:
    NADA ;) They taught me NOT to spend $$$ on coins and get more goats instead ;)B)

    But you didn't listen to them, did you?

    I started on my own when I decided to stop taking the silver dimes out of the home change tray to spend....I decided to collect them instead.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • Options
    BillJonesBillJones Posts: 35,800 ✭✭✭✭✭

    My mother had a huge interest in history. That had a great influence on me.

    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 ... ?
  • Options
    ParadisefoundParadisefound Posts: 8,623 ✭✭✭✭✭

    You brought the thought to me ..... it's a lot to say about not listening growing up ;)
    I bet most us are where we are & who we are .... to a point by defying our parent AND that's a good thing.

    @BuffaloIronTail said:
    But you didn't listen to them, did you?

    I started on my own when I decided to stop taking the silver dimes out of the home change tray to spend....I decided to collect them instead.

    Pete

  • Options
    privatecoinprivatecoin Posts: 3,798 ✭✭✭✭✭

    Nothing.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • Options
    CaptMorgansCaptMorgans Posts: 102 ✭✭✭

    I remember sitting with him and his cigar box of wheat pennies. He would bring out muffin tins and we would sort them by year and mint mark. Being young we had the good eyes. I remember when you would call out like a 1911-S, and his eyes would get big, and he would ask if we were sure. Got me hooked! He just passed on August 31st. But I am his legacy. :-)

  • Options
    JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭

    Zero. I didn’t even know the content of silver in coins vs clad until I started collecting 10 or so years ago. Just wasn’t on the radar

    m

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......

Leave a Comment

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