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Newb looking for advice...
DCT
Posts: 3
Hi! I am new poster to the forums. I have always collected coins since I was very young but never really knew much about it. Well, a while back, my wife got suckered by HSN and bought a BS NGC certified number Binion type set for me for my birthday for 159. Has a piece dollar, a 64 kennedy, silver quarter and a silver dime. Needless to say, she got ripped off. However, I think she did have a coupon. 
(I cherish it because she bought it for me, but I feel bad that she paid alot for it) So, what she has done besides getting ripped off, is re-spark my coin hobby somewhat.
Since I am a very basic coin collector, right now, I collect mosly modern coins and put them in albums. I don't know very much about this stuff, but I got alot of my coins from my grandparents who saved all sorts. My parents have all the coinage now, and the last time I went through, I picked all the silver out. I took 2 morgans, probably 9 or 10 peace dollars, all the wheat cents and an unopened roll of bicentennial quarters. Now, since I have started looking into other coins, I have decided that I would like to look through them again for some other things.
Here is what is left:
- a great deal of Ikes- (I have a complete set of Ikes, dont really need them)
- a LARGE metal box of loose change- pennies, nickels, quarters and dimes most everything is post 65 I am sure.
- There is also quite a few Kennedy halves as well.
What I am needing to know is if there are any key dates or years that I should watch out for as being collectable for errors or whatnot in the above types of coins. I can't just take all the coins because I think my mom plans to just give it all to my cousin someday. (which he will probably spend it) I have learned alot by reading these forums for a while before signing up and I would appreciate any suggestions anyone might have.
BTW, I am not really into grading or high profile coins. I just do this as a side hobby when I am bored at work I will sort through some coins and place them in albums. I filled one of my washington quarter albums 75% full out of the vending machines at work one night. Just kept sticking quarters in and hitting the change return button. LOL.. ha ha.
Anyway, don't laugh at me. I know most everyone here has some really nice stuff. Most of my stuff is all scratched up.
(I cherish it because she bought it for me, but I feel bad that she paid alot for it) So, what she has done besides getting ripped off, is re-spark my coin hobby somewhat. Since I am a very basic coin collector, right now, I collect mosly modern coins and put them in albums. I don't know very much about this stuff, but I got alot of my coins from my grandparents who saved all sorts. My parents have all the coinage now, and the last time I went through, I picked all the silver out. I took 2 morgans, probably 9 or 10 peace dollars, all the wheat cents and an unopened roll of bicentennial quarters. Now, since I have started looking into other coins, I have decided that I would like to look through them again for some other things.
Here is what is left:
- a great deal of Ikes- (I have a complete set of Ikes, dont really need them)
- a LARGE metal box of loose change- pennies, nickels, quarters and dimes most everything is post 65 I am sure.
- There is also quite a few Kennedy halves as well.
What I am needing to know is if there are any key dates or years that I should watch out for as being collectable for errors or whatnot in the above types of coins. I can't just take all the coins because I think my mom plans to just give it all to my cousin someday. (which he will probably spend it) I have learned alot by reading these forums for a while before signing up and I would appreciate any suggestions anyone might have.
BTW, I am not really into grading or high profile coins. I just do this as a side hobby when I am bored at work I will sort through some coins and place them in albums. I filled one of my washington quarter albums 75% full out of the vending machines at work one night. Just kept sticking quarters in and hitting the change return button. LOL.. ha ha.
Anyway, don't laugh at me. I know most everyone here has some really nice stuff. Most of my stuff is all scratched up.
D.C.T
0
Comments
Not everyone here has really nice stuff, but many do. Some just have a few dollars to put towards the hobby and many are big time collectors, dealers and investors. I don't have really nice stuff. Not yet anyway.
I'm sure you will get many good suggestions as there are some very knowledgeable and helpful people around here.
From small acorns great oaks grow!
Web: www.tonyharmer.org
<< <i>What I am needing to know is if there are any key dates or years that I should watch out for as being collectable for errors or whatnot in the above types of coins. >>
Reference books are what you need. The Red Book is a good start.
The great thing about coin collecting is that the ability to enjoy the hobby has little (if anything) to do with how much money you put into it.
If you enjoy checking for errors and varieties, pick up a copy of The Cherrypickers' Guide and then go through the large box of loose change. If those coins were set aside over a long period of time, there could be nice varieties in there. Even if the coins were set aside after 1965, there are some desirable varieties to be had - some Lincoln doubled dies, the 1982 no P dime, and others.
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.
The value and price of coins can be very different.
There are too many minor and important varieties and errors to list in a single
post and some of these later are poorly researched in any case. Some of the
more important ones are double die reverses on 71-D and 72-D quarters, dou-
ble die obverses on '69 cents, 74-D halfs and 76-D quarters. There's a 1982
dime without a mint mark and numerous OMM's.
Watch for nice coins of any date and find some reference books.
Don't worry about what to collect. Stick around here and something will ignite the fire in you. Sounds like most of the accumulation you described can be passed thru the Coinstar machine by your cousin at little (8.9%) loss. Sounds like you grabbed the collectable/uncirculated items already. Check the Ikes and Kennedys for Proofs or silver. Save any S-mint Ikes and the '64-'70 Kennedys. (Of course the '64s are silver but alot of people don't know abuot the "Clad" ones which are 40% silver.)
Live Long and Prospect.
<< <i>Most of my stuff is all scratched up >>
Most of my slabs are all scratched up!
Welcome to the boards.
Collect whatever you like!
As others have said-collect what you enjoy. It doesn't matter if you have a $10 collection or a $100,000+ collection. As long as you enjoy the hobby, that's all that matters.
Jade Rare Coin eBay Listings
"Exactly."
I mostly collect type and quarters. 32 d/s washintons are key, and any SLQ you may find.
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer
After you've flipped the pages a few thousand times and are hungry for more info, buy some more books on the series that interest you. Keep checking in here too. Along the way, you'll become an educated collector.
<< <i>Start basic with a good general book. Someone recommended the Red Book ( Its actually called "A Guide Book of United States Coins"). I'd have to second that. Its published annually by Whitman. You should be able to get one for around $10. Most of the large book stores will have it. It will give you every series with mintages and grading information. It also lists values. (Be careful with the values. The RedBook lists high retail values. Its not what you could sell them for, but it will give you a relative idea of which coins are worth more than others.)
After you've flipped the pages a few thousand times and are hungry for more info, buy some more books on the series that interest you. Keep checking in here too. Along the way, you'll become an educated collector. >>
I agree!
Dan
You are doing well, subject 15837. You are a good person.
Mike