What suggestion(s) do you have for your fellow collectors that might make their collecting more fun?

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MFeld
MFeld Posts: 17,154 ✭✭✭✭✭

I see comments from many collectors that give the impression they’re not enjoying their collecting nearly as much as should be possible.

What advice/suggestion(s) do you have which might make their collecting more fun?

Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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Comments

  • johnny9434
    johnny9434 Posts: 34,117 ✭✭✭✭✭
    edited November 1, 2025 9:21AM
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    Dont be afraid to buy another coin that helps compliment what you already have or just to have another cool coin. Good question today 🙂

  • oldabeintx
    oldabeintx Posts: 3,214 ✭✭✭✭✭
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    Like many, I’ve been in an out of collecting coins during my life. The last dozen years or so, which will be my last iteration, have been the most fun since I pulled coins from circulation and bought raw coins for my folders as a kid. Today I constantly broaden and deepen my areas of interest through reading and historical research, followed by acquisition. My curiosity is often piqued just reading these forums, leading to more reading.

    Beyond that, at different times I’ve recharged by joining a club, attending shows, and thru ANA seminars.

  • JeffersonFrog
    JeffersonFrog Posts: 1,183 ✭✭✭✭✭
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    Don't judge your collection by the difference between what you paid and what the various pricing sources say they are worth.

    If we were all the same, the world would be an incredibly boring place.

    Tommy

  • LJenkins11
    LJenkins11 Posts: 868 ✭✭✭✭✭
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    Learn how coins are made from various periods and origins, from sourcing the raw material to refined metal to the coin on the press. If possible visit a mint facility or one of the retired branch mint/ museums. Here are a few video links to Youtube that I found informative and I am sure there are many more.

    The Strange History of Money in America
    https://www.youtube.com/watch?v=I5INCV7AQTI

    The New Orleans Mint | A Quick History
    https://www.youtube.com/watch?v=_z5jwugqcHg

    History of The Carson City Mint with Robert Nylen
    https://www.youtube.com/watch?v=0i0O-_pbddI

    I Mined 50 Pounds of Silver Ore & Made 1800s Coins!
    https://www.youtube.com/watch?v=58Z8giSXUm0

    Secrets of the US Mint
    https://www.youtube.com/watch?v=ccyuud7dkEE

  • RedRocket
    RedRocket Posts: 1,946 ✭✭✭✭✭
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    Remember everyone, or mostly everyone, puts their pants on one leg at a time.

  • WACoinGuy
    WACoinGuy Posts: 1,225 ✭✭✭✭
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    As someone who's collected for decades but taken significant pauses between "bursts of activity," I've found myself motivated by 1) having some goals in mind - it can be any theme that resonates but it's nice to have some purpose. Right now, I'm working towards my 18th century type and bust dollar sets (hunting for what I know I want) and am contemplating an 1871 year set (not buying - just reading/looking to gain an appreciation of the coins in that set first) and 2) enjoying what you already have. I've been spending a lot of time re-looking at and re-imaging my older coins especially as my knowledge has grown over the years. It's a great (and free!) way to build off what you already have and rediscover some old favorites

  • CommemDude
    CommemDude Posts: 2,444 ✭✭✭✭✭
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    Ignore the boorish people and treasure the friendships with the mensches you meet along the way.

    Keep calm and keep your collecting in perspective, all your irreplaceable gems are going to belong to someone else eventually.

    Dr Mikey
    Commems and Early Type
  • seatedlib3991
    seatedlib3991 Posts: 1,630 ✭✭✭✭✭
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    If I were to give only one piece of advice it would be this. Coins were not minted and used in a sterile vacuum. When you tie a coin to the events that were going on in it's day and age you get more enjoyment from having them and a broader understanding of life in general. james

  • yspsales
    yspsales Posts: 2,670 ✭✭✭✭✭
    edited November 1, 2025 11:29AM
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    The knowledge gained in the pursuit is the best part of the hobby.

    Start with buying a book, because the Axiom is relevant. If a newbie, the three Cherrypicker Guides are golden.

    Buy a loop to help magnify and start your journey on Ebay. Go to shows. Progress via... Join clubs. Take classes. Find your lane.

    Keep your best storied coin and most attractive (could be any number of criteria), sell the rest.

    Strive to build a Box of 20 each year.

    If I had followed this advice, my collection would be an amazing though generalized accumulation of stories and treasure.

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • ad4400
    ad4400 Posts: 2,293 ✭✭✭✭✭
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    As has been suggested, try to find a social aspect, either via an in person club or conversing on this form.

    If you’ve been at this a while and have some previously assembled sets, revisit those. Remember what excited you about them. Spend some time looking if they have like strike designations or variety attributions you missed the first time.

    For me, and change in “method of acquisition“ gave a nice refresher. I gave up for a while, just walking the show floor looking at the cases of slab materials and rediscovered a joy of plowing through boxes of two by twos, putting together raw Jefferson and wheat penny sets and more worn SLQ and WLH sets.

    If you have registry sets put together, spend some time updating the comments and doing a cataloging of sorts. Not just the physical attribution for the Coins, but maybe the memories you had when you acquired them.

  • safari_dude
    safari_dude Posts: 698 ✭✭✭✭✭
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    If you get burned, learn from the experience! It happens to everyone! Also do diligent research before you buy. Many coins are sold with signed inserts…and many being lured into the false sense that they are one of a kind…although the same signer may have signed only one insert of its kind, there may be 50-100-500 inserts of a different kind but with the same coin. That happened to me…as the dealer really sold me on its rarity. Months later it wasn’t as rare and the price was 60% less than I paid for it. I had been a very good customer for him…and stopped buying his products after that. Buyer beware!

  • MICHAELDIXON
    MICHAELDIXON Posts: 6,758 ✭✭✭✭✭
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    Start a series that you like and can afford to complete. It is disheartening to complete a set 90% and not be able to afford the last few coins.

    Thanksgiving 2026 National Battlefield Coin Show November 27 & 28, 2026 at the Eisenhower Hotel Ballroom, Gettysburg, PA. No Early Bird passes for this show. WWW.AmericasCoinShows.com
  • cladking
    cladking Posts: 30,314 ✭✭✭✭✭
    edited November 1, 2025 2:16PM
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    Keep your perspective. While all of life and human knowledge is related to coins you still can't live life like nothing but coins exist. Your wife wants you to set down your magnifier once in a while, your children want to play, the boss wants some work done, and there are always chores to do.

    Learn to multi-task so you can do them all at once. ;)

    AI-→ But even the most radiant proof coin can’t mow the lawn or tuck in a child.

    tempus fugit extra philosophiam.
  • The_Dinosaur_Man
    The_Dinosaur_Man Posts: 1,594 ✭✭✭✭✭
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    During my tenure working at the LCS, this came up fairly often among the collectors that routinely came in. I started building a box of nice, fun pieces that I would bring out for show. If they bought one of the coins, great, if not, they learned something more about the hobby.

    Custom album maker and numismatic photographer.
    Need a personalized album made? Design it on the website below and I'll build it for you.
    https://www.donahuenumismatics.com/.

  • MEJ7070
    MEJ7070 Posts: 958 ✭✭✭✭✭
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    Don’t buy crap.

  • yspsales
    yspsales Posts: 2,670 ✭✭✭✭✭
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    I will add... buy the key and semi key dates first.

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • Dave99B
    Dave99B Posts: 8,947 ✭✭✭✭✭
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    Most importantly, collect what YOU like, and seek out other collectors who enjoy the same series. You’ll have someone to share your purchases with, and you’ll likely learn quite a bit during your journey.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • skier07
    skier07 Posts: 4,836 ✭✭✭✭✭
    edited November 1, 2025 6:13PM
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    @lermish said:
    Make friends.

    +1

    My enjoyment level has increased exponentially over the last ten years since I befriended collectors here and elsewhere.

  • Clackamas1
    Clackamas1 Posts: 1,726 ✭✭✭✭✭
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    I found life events really drive my passion, like birth year and 100 years before and I do that for my kids. This can build a fabulous type set as well.

  • numis1652
    numis1652 Posts: 100 ✭✭✭
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    Attend as many shows as you can. If you can afford it, attend major shows cross-country. Don’t hesitate to ask to examine a coin in a bourse case even if you cant afford it- Don’t pay attention to slab grades or try to upgrade a slabbed coin you already own, read as many auction catalogue narratives as possible as many in Stacks & Heritage catalogues are very educational, find dealers who are trustworthy and will educate you, dont expand your buyng too broad but specialize in one of two fields so you become knowledgable and expert in these fields. Dont concentrate on your hobby to the expense of your family. Unless you are wealthy, use a bank or credit union line of credit to buy slightly abv your means. Avoid eBay.

  • mirabela
    mirabela Posts: 5,199 ✭✭✭✭✭
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    Share the hobby with a kid.

    And don't get too carried away with it -- when all's said and done, it's just stuff.

    mirabela
  • PerryHall
    PerryHall Posts: 47,763 ✭✭✭✭✭
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    If you buy an expensive coin and your wife finds out what you paid for it, just explain to her that "it's an investment for our future" and hope that she believes you.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • yspsales
    yspsales Posts: 2,670 ✭✭✭✭✭
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    We all pay tuition in one form or another.

    Learn from mistakes

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • rte592
    rte592 Posts: 2,235 ✭✭✭✭✭
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    Buy What You Like

  • Joe_360
    Joe_360 Posts: 1,873 ✭✭✭✭✭
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    Some of the best coins that you will never buy, are free from the Coin Star machine...

  • logger7
    logger7 Posts: 9,873 ✭✭✭✭✭
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    A local club I've been a member occasionally has some interesting discussions, but generally low grade material. Some clubs have a "grading committee" so that people cannot run inaccurately graded material in their auctions. Most serious collectors are quite private. I got a call from a travelling coin dealer who was delivering a purchase in person to his high end customer. He was wondering if I had $5K and above certified coins he could look at. I wish this were a more sociable hobby though we've had stimulating discussions on this and other sites.

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