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Give us your best "collecting in the old days" stories.
Feel free to make one up, as long as it is creative or contains at least a modicum of truth.
We hear or read about all kinds of rarities for sale cheap on the one hand, and rampant whizzing/tooling/doctoring on the other hand. What were the good and the bad when you first started collecting?
We hear or read about all kinds of rarities for sale cheap on the one hand, and rampant whizzing/tooling/doctoring on the other hand. What were the good and the bad when you first started collecting?

Obscurum per obscurius
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...then the 3 cheerio sacs I told someone to cut out and spend... about $15,000 USD lost... eh, who knew.
I'd give you the world, just because...
Speak to me of loved ones, favorite places and things, loves lost and gained, tears shed for joy and sorrow, of when I see the sparkle in your eye ...
and the blackness when the dream dies, of lovers, fools, adventurers and kings while I sip my wine and contemplate the Chi.
I remember as a teenager working at my dads gas station and having a customer show us a aluminum roosevelt dime. I offered to buy it just because I thought it was cool, he turned me down.
I still wonder what happened to that coin.
Manuel
SM1 calls me a troublemaker....
--------------------------------------------
Sunday August 19, 2007 9:17AM
A mentor awarded " YOU SUCK!!"
I want that one.
Ok.
and that one.
Ok.
and that one.
No, that one is too much.
then that one.
Ok.
and that one...
--Severian the Lame
for some weird reason, i always associate the demise of collecting from change, ie. being able to find silver frequently, w/ the advent of that round of oil shortages.
you can't hardly find jack in your pocket change today. what i used to find in pocket change, you have to BUY in PLA$TIC today - imagine that!
K S
Obscurum per obscurius
It's always been the good old days but that's probably more true now than ever
before.
One of my favorite times was the late '70's. I had checked a Krause world coin cat-
alog out of the library to try to memorize all the world silver coins so I could pick them
out of poundage and dealer stock. Silver had run up to over $4 per ounce just a cou-
ple years earlier in 1974 and there was still a mixture of all sorts of coins in the bulk
lots that dealers sold. You could pick up coins with two or three dollars worth of sil-
ver in them for "3 for a dollar". As the decade wore on the price of silver just kept go-
ing up. Of course the silver was disappearing as well.
In the process though I learned something about what coins were available and what
weren't. There were many cu/ ni coins that were common in poundage in worn out con-
dition but nearly impossible in unc. This gave me something to do in the '80's.
Top that one.
K S
Prices were a littlle different then. For instance we used to look for empty soda bottles and return them for 2c. each. A few found bottles was like striking it rich.
After playing ball one afternoon we headed over to Sammys to buy some buy candy. You could get 2 or 3 pieces for a penny. After picking out a couple of pieces I noticed that something was wrong with the penny that I was about to give Sammy. It was all doubled. Oh well I hoped he would take it anyway!
My first 1955/55 - didn't own it long, and I forget what the candy was!
Premium Numismatics, Inc.
myurl
800-596-COIN
They were scattered all over the house.
I found almost all of them. Some of them were stuck down in the spaces between the floorboards. It was an old house. The kind of house
where any loose marbles could be found in one corner.
The one coin I never found was Merc 1916D.
When we moved out I walked around in the dark shining a flashlight down between each floorboard.
Gone......but not forgotten.
"Inspiration exists, but it has to find you working" Pablo Picasso
When the bucket got full, I would take them to the bank.
edited: spelling
My Dad also graduated to a little dealing on the side. I remember him spilling out a bagful of silver dollars that he bought from some dealer for $2.65 each. What a sight it was to see a couple thousand silver dollars spilled out on the living room floor. He later sold that horde and barely got his money before the dealer went bankrupt.
My Grandfather died in 1964 the year clad coins came out, and I still miss that nice old man.
He used to tell me how much he liked me helping him search coins. He said if I was not there my Grandmother complained that he was not doing anything - just wasting time, and he even had to fix his own lunch. When I was there my Grandmother never complained, cooked all day, and even took an interest in some of the coins. I always thought that was funny.
Like the time my pappy and I were in Lousiana back in '05 (pronounced "ot-five") and gave me $20. I wanted to get some of the newest, shiniest coins I could get, so we went to a bank. The teller said I could either have a roll of 1903 or 1904 dollars from the New Orleans Mint or a mixed roll of Seated Liberty dollars, so I naturally got me a roll of the '04's. Who'd want the old '03's or seated coins, anyway? They weren't as fresh as the '04's.
We drove through Denver back in October of 1922. My pappy said he'd give me $500 to buy whatever I wanted, so I ran over to the bank. They had a bag of 1916-D dimes and a bag of the new 1922 Peace dollars. I bought that bag of dollars quicker than you can say "Jack Robinson". Who'd want to collect them little fish scale coins when you can have big, brand new silver dollars?
I haven't checked the price lists, but i'm sure I invested wisely. After all, you're supposed to get the best condition coins you can afford, right? By getting the newest ones, I figured they'd be the least banged up and the best value for my money!
Obscurum per obscurius
An authorized PCGS dealer, and a contributor to the Red Book.
<< <i>shirohniichan, when you were in Denver in 1922, why didn't you buy a bag of those pennies missing the "D"? >>
I don't collect little coins-- just big 'uns!
Obscurum per obscurius
NSDR - Life Member
SSDC - Life Member
ANA - Pay As I Go Member
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>My grandfather was sweet on this lady of the evening and used to pay her with Morgan dollars. ... After some horse trading my father got all of the Morgans back, and both sides made out quite nicely. >>
Guess this shows how my corrupted mind works.
his choice of a Hawaiian commemorative or a 50 pound sack of Kona coffee. He took coffee. Incidentally, I also remember
at the time, seeing those coins stored in boxes on top of the bags of coffee, and I think that is why some of these coins have
that rather 'unique' toning coloration endemic to this commemorative.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
At the latest LB show I saw a new book on condition census 1793 and 1794 Large Cents by Bill Noyes. I flipped through the 1794's to see if I could recognize the coin. Lo and behold there it was. And Bill had even gotten me into the pedigree list! Thanks Harry!
Great set up to the pun !
When I was 12, I was allowed to go the the local bank one Saturday morning a month and look through all the silver dollars they had. Any that I wanted for my collection, I paid for with my lawn mowing income.
My other neat find, was being clued in on a seated half dollar deal that broke in Mass. around 1988. It was a nice set of about 200 pieces in XF to UNC/PF. Represented in there were many scarcer O,S and P mints. A Good+ 1797 half was included as was a choice unc 1874-CC half! There were some capped bust halves as well. The prices were sort of steep on the first go around so I brought in a higher powered dealer to split the deal with me and drive the prices down. He did just that knocking off about 30% off many of the prices. We cherry picked a bunch of the coins including the 1874-cc for $6K. It graded out PCGS MS63. I've seen the coin since in a 64 holder and possibly now a 65. That was one that would have been worth keeping.
roadrunner
When I was a kid, this was still an old coin.
It's got 180 degree rotated die with a repunched date (ooops, I said Mint mark earlier
After I grew up I decided to sell my stuff on ebay .....where it's listed today
are short stories okay ?
edit to correct self
``https://ebay.us/m/KxolR5
at lunchtime I was allowed to go by myself to the coin shop down the street. well...since mom started me in the coin collecting HABIT...i had to have my weekly "fix"
I'd get let in (security door buzzes you in )...and the musty smells of old people.... cigar smoke and moldy leather binders, whitman folders would attack the nostrils.
ahhhhh!...it was heaven.
I'd always pour over the 1909 to 1940 blue whitman folder of Lincoln cents, carefully picking out my next new purchase of worn out old coppers.
this was easy because the old man who ran the store would write the price he was wanting for each coin in pencil at the 2 o'clock position of every hole in the folder.
7 cents for this one ...9 cents for that one ....HOLY MACKERAL!!! ...78 CENTS FOR THAT ONE?....THATS INSANE!
I always went on friday (the day i got paid) and spent my whole lunch hour there. .. I never spent much...cuz I didn't make much.
It seems that there was another old man there at the same time I was ...every Friday, doing the same thing I was doing...except he was collecting 20 dollar gold pieces.
I peeked under his shoulder once (out of curiosity).... yep same type of whitman blue folder alrighty....big yellow coins plugged into holes in it...same thing so far.
prices written at 2 o'clock just like what I was used to seeing....WAIT A MINUTE!....HOLD THE PHONE!.....$26 FOR ONE COIN?....$28.50 ?...FOR ONE COIN?...$32.50 ...FOR ONE???
WHO IN THEIR RIGHT MIND SPENDS TWICE WHAT I MADE IN A WEEK FOR ONE COIN...THAT SAY'S "TWENTY DOLLARS" RIGHT ON IT???
In my youth I couldn't fathom why anyone would spend $32 bucks for a $20 dollar coin!...seemed counter productive to me at the time!
but I kept my silence...and allowed the depravity to weekly display itself.
The shop owner had a large brandy snifter sitting right on the counter top with what appeared to have about a roll of lincoln cents in the bottom of it.
I never paid any attention to it until the owner said to another customer one " hey wait!...you spent more than 20 bucks....you get a free gift "
so he reaches into the brandy snfter gets a penny a tosses it to him, and say's ..." here...have an accident!"
at that point I became curious and asked what he meant...so he got one out and showed me my first 1955 doubled die cent that I'd ever seen.
he said he'd recently bought up an estate that had a couple rolls of those...didn't think much of them and thought they'd be a novel give-a-way to his best customers.
I said "they're all stamped blurry ...if I get one it will be a nice one!"
true story...sadly
live and learn...I have one now.... but not at those prices.
Back in the 1960's practically no one wanted error coins. I was offered a 1893 morgan dollar struck off center about 20% for $10 . I thought it was really neat but $10 for an error like that? Not for me.
A local dealer bought a lot of Pattern coins from the King Farouk collection. In the 1960's not many people collected patterns either..Some of them he had a price of $80 marked on them. Me--I spent my $80 on an 1802 dime with a hole in it that was ugly (i bought it because i had never seen an 1802 dime before and thought that it was very rare) I bought that instead of a Gem Proof Liberty seated Pattern dollar with a mintage of about 80 coins that now sells for about $12,000 or more. I sold the 1802 dime a few years later for about $90 just to get rid of it. "SIGH".
<< <i>and the musty smells of old people.... cigar smoke and moldy leather binders, whitman folders would attack the nostrils. >>
My God, Mozeppa..We went to the SAME coin shop!!
<-----MY NAME
J
``https://ebay.us/m/KxolR5
<< <i>
<< <i>and the musty smells of old people.... cigar smoke and moldy leather binders, whitman folders would attack the nostrils. >>
My God, Mozeppa..We went to the SAME coin shop!! >>
would that be the OBER building coin shop , 2nd floor. in downtown indianapolis?....that was you?
The IKE is now worth about $35 graded and the 1827 Bust half...well lets just say I don't even want to know. My Father was really disappointed that I made that trade and actually brought it up to me in a conversation right before he passed. I to this day reflect back on that trade and wish to God that I could take it back.
By the way, I brought the IKE to grade school and had it in a show-n-tell and someone swiped it during recess! I only owned it for 2 weeks or so.
Later, Paul.
Later, Paul.
It is still possible to get rolls/accumulations of coins from the Bank of eBay, search though them and return the ones you don’t want to keep. If you factor in the inflation of the dollar, then your equivalent cost (in terms of today’s buying power) will be closer to face value than you realize.
I believe that it is easier to put together fairly complete collections of 20th century coins today, than it was 30-40 years ago.
For example, several years ago, I bought a couple of rolls of circulated Washington quarters on eBay. While searching through them, I noted that the dates and mintmarks varied considerably. I purchased a Whitman album and put the quarters in them. When I was finished, I had a complete set of 1932-1964 quarters, minus the two 1932 key dates. Many of the ones from the 1940s and early 1950s were XF-AU. Having paper routes in the early 1960s and searching every coin that passed through my hands, I was never able to complete such a set.
Thirty years from now, people will be posting messages about the early days of eBay.
Yep! These are the good old days
I also remember seeing the actor who plays Bull, at a Long Beach show in 1985 or so.
and told her that they'd be worth as much as a house some day. Of course I couldn't
afford to keep $1,000 worth of one date but did find several dozens of nice choice and
gem coins to save. They were almost all choice so I suppose you could already get a
nice small house if you had them. Most were put back into circulation mixed in with other
coins.
It's a shame I never did find a really nice bag of the '83-P. I spent a lot of time looking
but there just weren't any released in this area or anywhere else I looked.
I was thrilled and kept looking at it, as I was having a hard time believing it. Some time later, I sold it to them for (if I am remembering right, roughly 40 years later) $75. When I did so, I was a smarty pants too - I said to them "Don't you check your change?". If they'd had a fly swatter, I think they would have used it on me.
roadrunner
<< <i>My brother was the one who got me started in coin collecting when I was 5 years old (Early 70's) I had a fasination with big dollar coins like the IKE dollar. My dad had a few friends that sold him coins and he brought home an 1827 Bust Half (I could be wrong on the date) and this coin was easily a MS64. I had it in a 2x2 and carried it with me showing my friends. Well one day, my brother and I went to a place called Cherryvale coins and stamps and the ownder had a brand new 1973-S Silver Dollar in a 2x2 and wanted $175 for it. I wanted it badly because my brother said it was going to skyrocket in price due to the mint melting a bunch of them. I told the shop owner that I was wanting it real bad and she said that she would trade me for it, and I whipped out this 1827. In about 2.2 seconds she said OK and got that IKE out faster then you could believe and then I owned the "Coin of my dreams" >>
<< <i>The IKE is now worth about $35 graded and the 1827 Bust half...well lets just say I don't even want to know. My Father was really disappointed that I made that trade and actually brought it up to me in a conversation right before he passed. I to this day reflect back on that trade and wish to God that I could take it back. >>
<< <i>By the way, I brought the IKE to grade school and had it in a show-n-tell and someone swiped it during recess! I only owned it for 2 weeks or so. >>
I am sorry to hear that Paul
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