What should I do?

coinguy89 · June 21, 2004 1:52AM

Need some suggestions on starting my collection of rosies still. Im still not sure whether or not to buy them all raw, or get them certified. By getting them raw I could learn how to grade myself that way, buy a really nice album to put them in, not spend as much, although not have much of an investment, and really enjoy them. Or I could buy them all atleast MS-65 FB or better only by PCGS, spend quite a bit on each one, have it take awhile, and have something worth money.

Which would you pick?

Factor in that im already working on a raw date run of capped bust half dimes in VF ballpark, then the die marriages. I also would like to buy a decent metal detector to hunt for old stuff. Also that I make about $40 a week.

Placid · June 21, 2004 2:02AM

If I only made $40 a week I don't think I would be collecting any coins that I had to pay for.

cladking · June 21, 2004 2:02AM

As long as they are available raw, then why not search them out this way? Certainly
if you find an upgrade which happens to be slabbed then it can still be added to the set.
There is no less value to a raw set than a slabbed one except for the value added of the
grading opinion. The silvers are probably extremely difficult to find in high grade raw now
days (they were in 1975), but the clads can still be cherried out of mint sets though these
days, too, are likely drawing to a close.

It really doesn't matter whether any coin or slabbed or not since a submission or a hammer
can usually change its status.

ddbird · June 21, 2004 2:06AM

First of all, I would recomend PCGS 65FB roosies. If you try to put together a raw set, it is likely that you will spend more money in the long run, for possible lower grade roosies. For a detector, I would put away $10 a week, until you can get a decent one. I have a tesoro which runs about $250, that does not have an ID, but uses different tones to tell apart different metals. Its not as easy as an ID, but after some practice, it works just as well. Its a great machine for the price. For your job...See if you can get a new one or work more. Im your age, and work at a golf course and pull in $40 in tips alone. Also, remeber to only use a small percentage of your money for coins, the rest should be saved for college/car/apartment. Good luck!

coinguy89 · June 21, 2004 2:08AM

<< <i>First of all, I would recomend PCGS 65FB roosies. If you try to put together a raw set, it is likely that you will spend more money in the long run, for possible lower grade roosies. For a detector, I would put away $10 a week, until you can get a decent one. I have a tesoro which runs about $250, that does not have an ID, but uses different tones to tell apart different metals. Its not as easy as an ID, but after some practice, it works just as well. Its a great machine for the price. For your job...See if you can get a new one or work more. Im your age, and work at a golf course and pull in $40 in tips alone. Also, remeber to only use a small percentage of your money for coins, the rest should be saved for college/car/apartment. Good luck! >>

Right now I put away 80% to go to the bank for car insurance and gas, then 10% goes to coins, and another 10% goes to guitar. With the money I make with grass cutting im saving that for the the metal detector.

coinguy89 · June 21, 2004 3:34AM

Lucy Bop sent me some nice slabbed rosies, got em just now.

airplanenut · June 21, 2004 5:36AM

Well, 10% is $4 a week--I doubt you'll get many certified coins that way... I'd stick to raw.

grayroads · June 21, 2004 6:21AM

Buy raw. Learn to grade. Sure you’ll make mistakes; consider it paying tuition.
Most importantly, do not think of collecting as an investment. But rather as a fun hobby that will increase your knowledge in many related fields (i.e.: economics, history, geography, politics and the fine arts). Have fun!

What should I do?

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