Have you considered local banks? most will sell you 50 cents in a roll for 50 cents, 40 nickels in a roll for $2, 50 dimes in a roll for $5, 40 quarters in a roll for $10. They also sell individuals.
Of course most of the things you buy will only be worth face, but you also will not lose much on each purchase. There are some people on these boards that seem to enjoy looking through rolls and finding those periodic coins worth 10 or 50 or 100 times face.
Ebay works well if you are buying slabbed coins from sellers with well established feedback. Pinehurst frequently has the best price on the coins I'm looking for.
@davewesen said:
Have you considered local banks? most will sell you 50 cents in a roll for 50 cents, 40 nickels in a roll for $2, 50 dimes in a roll for $5, 40 quarters in a roll for $10. They also sell individuals.
Of course most of the things you buy will only be worth face, but you also will not lose much on each purchase. There are some people on these boards that seem to enjoy looking through rolls and finding those periodic coins worth 10 or 50 or 100 times face.
I would love to but I've been told I have to be a part of a bank that does that... my parents have USAA though
@davewesen said:
Have you considered local banks? most will sell you 50 cents in a roll for 50 cents, 40 nickels in a roll for $2, 50 dimes in a roll for $5, 40 quarters in a roll for $10. They also sell individuals.
Of course most of the things you buy will only be worth face, but you also will not lose much on each purchase. There are some people on these boards that seem to enjoy looking through rolls and finding those periodic coins worth 10 or 50 or 100 times face.
I would love to but I've been told I have to be a part of a bank that does that... my parents have USAA though
just get a bank account
Can't... getting USAA @ 17y/o
You could with your parents' help. I opened my first bank account when I was 12 years old.
Unfortunately, I cannot currently recommend an online coin dealer. For many, many years I bought coins from the Cheap Slab Store. Unfortunately, they closed down last September. They had a wide range of coins and prices to select from. I found many fair priced coins that I was interested in over the years. I am like the OP, I like cheap or reasonable priced coins. It is a hobby to me, and I do not like to expend big money on collectible coins. I just like to get nice, reasonably priced coins.
I will keep up with this thread, and hopefully somebody will give a lead on where to buy coins as I have described above.
@EBSnumismatics said:
Littleton coin will overcharge you every time but they are safe.
I agree Littleton overcharges and is safe. I have found good deals in their catalogs.
Amos Advantage has some supplies Im interested in purchasing too. https://www.amosadvantage.com/
You are missing out on the biggest venue by volume by skipping eBay. Many dealers unload their low valued stuff there. Look for someone that has many listings, starts at a low price and combines shipping. Once you find someone you like, just follow their listings and skip the rest. Do a search of their stuff and then sort them from low to high, or ending soon. One seller I recommend is macvanderstein
TurtleCat touched on this previously, but what series or types of coins are you looking at collecting? Anything specific, or going for a broader overview?
Another avenue to consider as a YN might be to see what other Forum members have to offer, as you can see in various members' taglines the names of other Forum members they have successfully bought/sold/traded with. And if you specify exactly what your interests are, it will make it that much easier for fellow Forum members to either contact you or suggest good sources for them.
There are always good folks on this Forum looking to help & educate YN's - - most of them having been YN's themselves once..............
@Mrweaseluv said:
Dark is a YN, so no, he's not out to buy top end coins, not yet anyway. He is however learning more every day and it is much easier and more fun to learn with examples in hand and that is a big part of what he is looking for. I suggested LordM to him as they know each other already from CT, that and i also know LordM has a soft spot for YNs (or was that a soft spot in his head?... same difference hehe). So give Dark a lil bit of a break he's a good kid
I would again stress to not avoid eBay and to also check out the BST on these forums. For newer collectors with smaller budgets I like recommending early to mid 20th century dimes and quarters. I don't know if they appeal to you but nearly all the coins can be had for the price of silver or close to. If you are patient and have a good eye you can get coins with a small numismatic premium from spot. Your downside of any buying mistakes is also very limited. If you accidentally buy a cleaned or scratched coin it still has the silver value and you're not really losing much.
That's what I did as a kid in the '90s, collected Roosevelt dimes in an album. I pulled the non-silver ones out of circulation and would save up and then pick through the junk silver bowls at dealers or shows for the pre '65 ones.
@Davideo said:
I would again stress to not avoid eBay and to also check out the BST on these forums. For newer collectors with smaller budgets I like recommending early to mid 20th century dimes and quarters. I don't know if they appeal to you but nearly all the coins can be had for the price of silver or close to. If you are patient and have a good eye you can get coins with a small numismatic premium from spot. Your downside of any buying mistakes is also very limited. If you accidentally buy a cleaned or scratched coin it still has the silver value and you're not really losing much.
That's what I did as a kid in the '90s, collected Roosevelt dimes in an album. I pulled the non-silver ones out of circulation and would save up and then pick through the junk silver bowls at dealers or shows for the pre '65 ones.
Roosevelt dimes are cheap, plentiful, and silver. No disadvantage to doing it.
Then, when your collection outlives its purpose, you can use it as your silver stack.
That's what I've been doing, but I'm not a YN anymore, I just wish I knew about all the cool programs and things for YNs but I never even heard of it until it was too late.
@davewesen said:
Have you considered local banks? most will sell you 50 cents in a roll for 50 cents, 40 nickels in a roll for $2, 50 dimes in a roll for $5, 40 quarters in a roll for $10. They also sell individuals.
Of course most of the things you buy will only be worth face, but you also will not lose much on each purchase. There are some people on these boards that seem to enjoy looking through rolls and finding those periodic coins worth 10 or 50 or 100 times face.
I would love to but I've been told I have to be a part of a bank that does that... my parents have USAA though
Who told you that? It has been a few years, but in the past I have walked into a bank with a $10 bill and walked out with a roll of quarters. I did not have an account at that bank. If they tell you an account is needed, ask them if they have student checking accounts.
Comments
Have you considered local banks? most will sell you 50 cents in a roll for 50 cents, 40 nickels in a roll for $2, 50 dimes in a roll for $5, 40 quarters in a roll for $10. They also sell individuals.
Of course most of the things you buy will only be worth face, but you also will not lose much on each purchase. There are some people on these boards that seem to enjoy looking through rolls and finding those periodic coins worth 10 or 50 or 100 times face.
Ebay works well if you are buying slabbed coins from sellers with well established feedback. Pinehurst frequently has the best price on the coins I'm looking for.
just get a bank account
Mainer in Virginia.
Could, with your parents' help. I still have a > @DarkRage666 said:
You could with your parents' help. I opened my first bank account when I was 12 years old.
Unfortunately, I cannot currently recommend an online coin dealer. For many, many years I bought coins from the Cheap Slab Store. Unfortunately, they closed down last September. They had a wide range of coins and prices to select from. I found many fair priced coins that I was interested in over the years. I am like the OP, I like cheap or reasonable priced coins. It is a hobby to me, and I do not like to expend big money on collectible coins. I just like to get nice, reasonably priced coins.
I will keep up with this thread, and hopefully somebody will give a lead on where to buy coins as I have described above.
I agree Littleton overcharges and is safe. I have found good deals in their catalogs.
Amos Advantage has some supplies Im interested in purchasing too.
https://www.amosadvantage.com/
You are missing out on the biggest venue by volume by skipping eBay. Many dealers unload their low valued stuff there. Look for someone that has many listings, starts at a low price and combines shipping. Once you find someone you like, just follow their listings and skip the rest. Do a search of their stuff and then sort them from low to high, or ending soon. One seller I recommend is macvanderstein
DarkRage666:
TurtleCat touched on this previously, but what series or types of coins are you looking at collecting? Anything specific, or going for a broader overview?
Another avenue to consider as a YN might be to see what other Forum members have to offer, as you can see in various members' taglines the names of other Forum members they have successfully bought/sold/traded with. And if you specify exactly what your interests are, it will make it that much easier for fellow Forum members to either contact you or suggest good sources for them.
There are always good folks on this Forum looking to help & educate YN's - - most of them having been YN's themselves once..............
-- Dave
I can vouch for this. 👍👍
I would again stress to not avoid eBay and to also check out the BST on these forums. For newer collectors with smaller budgets I like recommending early to mid 20th century dimes and quarters. I don't know if they appeal to you but nearly all the coins can be had for the price of silver or close to. If you are patient and have a good eye you can get coins with a small numismatic premium from spot. Your downside of any buying mistakes is also very limited. If you accidentally buy a cleaned or scratched coin it still has the silver value and you're not really losing much.
That's what I did as a kid in the '90s, collected Roosevelt dimes in an album. I pulled the non-silver ones out of circulation and would save up and then pick through the junk silver bowls at dealers or shows for the pre '65 ones.
Roosevelt dimes are cheap, plentiful, and silver. No disadvantage to doing it.
Then, when your collection outlives its purpose, you can use it as your silver stack.
That's what I've been doing, but I'm not a YN anymore, I just wish I knew about all the cool programs and things for YNs but I never even heard of it until it was too late.
Mainer in Virginia.
Who told you that? It has been a few years, but in the past I have walked into a bank with a $10 bill and walked out with a roll of quarters. I did not have an account at that bank. If they tell you an account is needed, ask them if they have student checking accounts.