So my daughter asks me....

lkenefic · November 27, 2006 3:27AM

...what do you do once you finish a set? She's collecting circulated Peace dollars and is about 25% through the collection by way of allowance and "the Tooth Fairy"...she's not quite seven years old now. I told her that once she's finished she can admire her accomplishment... upgrade coins...sell it and buy something else...ummmmm....I sort of ran out of suggestions

... Any thoughts for my six-year-old daughter??

123cents · November 27, 2006 3:32AM

The upcoming Presidential Dollars would be educational and might interest her.

lkrarecoins · November 27, 2006 3:34AM

she will always be able to look back and reflect on the magical bonding that takes place between a child and parent when they collect together

and she can always thank her Daddy for getting her involved with this wonderful hobby. I thank my Dad every day for his support.

This is good practice for me...My daughter is only two, but you've given me something to think about.

flaminio · November 27, 2006 3:55AM

<< <i>...what do you do once you finish a set?

... Any thoughts for my six-year-old daughter?? >>

In my case, the answer would be "I'll let you know ... as soon as I finish one."

410a · November 27, 2006 4:16AM

Well, you could have her collect them in MS65 then you will not
have to explain, for at least 20 years, why it didn't get finished.
25 S, 24 S.......etc.

Seriously, I have a Roosevelt dime set my son and I put together
when he was about the same age. Took a year or two to complete
it is in a Dansco album and although he doesn't ask much about it.
What with his radio show and everything and 17 years gone by, I
have the set in my library next to books that cost 10x what the
set did. I look at it and think that little set of dimes is forever a
fond memory. example.....like the day we went to Stonehouse coin
and Dick gave us this coin here and when we got this one here at
the Parsippany show and a few we spread out on the table that
Grandma had salted away because they were silver.

sinin1 · November 27, 2006 6:05AM

start another

that she can get from circulaion

Jefferson nickels/state quarters

granpagraf · November 27, 2006 6:13AM

Indian Head Pennies are always a favorite with kids!
My 2 Nephews go nuts when I give them Indians for their birthdays!

Hoot · November 27, 2006 6:29AM

<< <i>...what do you do once you finish a set? She's collecting circulated Peace dollars and is about 25% through the collection by way of allowance and "the Tooth Fairy"...she's not quite seven years old now. I told her that once she's finished she can admire her accomplishment... upgrade coins...sell it and buy something else...ummmmm....I sort of ran out of suggestions

... Any thoughts for my six-year-old daughter?? >>

Put the set aside to admire, go back to it when time, money, and interest are there, and start another set in the meantime!

Hoot

Hoot · November 27, 2006 6:30AM

Forgot to add: Read all she can about the series she just completed!

Hoot

MrSpud · November 27, 2006 10:18AM

after she finished the date/mm set she can start looking for the die varieties

Baley · November 27, 2006 11:45AM

Upgrade for condition or a matched-appearance set, or move on to another series or set

GoldenEyeNumismatics · November 27, 2006 1:06PM

sell it and buy a high relief Saint!

sumnom · November 27, 2006 1:24PM

I don't know what to do when I finish a set. It's always something of a letdown when I do. The thrill of the chase seems more interesting than actually achieving hte goal.

Coindexter · November 27, 2006 4:12PM

As was mentioned, the hunt is really the important part of coin collecting, IMHO, but there is something to be said for the sense of accomplishment one must feel when they see a challenge through to its completion. That's a character builder.

FullStrike · November 27, 2006 5:40PM

<< <i>The upcoming Presidential Dollars would be educational and might interest her. >>

Don't even think of letting a little girl collect junk like that.

A proof set of First Lady Coins would be far more appropriate.

SkyMan · November 28, 2006 1:10AM

Here's something new, let her decide what she wants to do with it... keep it, sell it, move on to another set etc.

At 7 she most likely enjoys collecting because she enjoys spending time with you and collecting coins is something you like to do. Realistically, the likelihood is that she will never become a serious collector, but hopefully she'll at least have fond memories of it. Most people I know that are coin geeks started collecting coins when they were younger and then sold off their collection in their late teens to buy something they liked. Some period of time later they had their coin collecting habit re-awakened somehow, be it walking into a shop, looking at their pocket change, or going to a show. At that point the addiction took over, and the fond memories became even fonder (along with the occaissional, "My God, why did I sell xyz!").

Enjoy the time with her while you can, and as to collecting, maybe take her into a shop when she's completed the Peace dollars and let her see other coin designs so that she might get interested in another set.

razzle · November 28, 2006 2:03AM

Ikenefic,

Great question! Got me thinking about my grandson (5 3/4?). An overview of the responses suggests the value for her is in the journey with the companionship of her father. I agree wholeheartedly. I also liked Skyman's response about "asking her." You can ask her, too, what she enjoyed most about her collecting, which may suggest a direction. It's always best if you can find a way to follow her lead, even if you've subtlely prompted it. I hope you'll keep us posted.

Zoins · November 28, 2006 2:14AM

<< <i>Here's something new, let her decide what she wants to do with it... keep it, sell it, move on to another set etc.

At 7 she most likely enjoys collecting because she enjoys spending time with you and collecting coins is something you like to do. Realistically, the likelihood is that she will never become a serious collector, but hopefully she'll at least have fond memories of it. Most people I know that are coin geeks started collecting coins when they were younger and then sold off their collection in their late teens to buy something they liked. Some period of time later they had their coin collecting habit re-awakened somehow, be it walking into a shop, looking at their pocket change, or going to a show. At that point the addiction took over, and the fond memories became even fonder (along with the occaissional, "My God, why did I sell xyz!").

Enjoy the time with her while you can, and as to collecting, maybe take her into a shop when she's completed the Peace dollars and let her see other coin designs so that she might get interested in another set. >>

Since a number of people sell their collections when they are young and don't value the memories as much, if she does decide to sell it, you may want to tell her about the coin market, how much the collection is worth, and then buy her collection yourself. That way, later down the road, if she ever does want the collection again, it will be there. The memories associated with the coins are really priceless.

ScarsdaleCoin · November 28, 2006 2:54AM

for younger people I like to suggest more items like tokens with themes....

they can build incredible collections at low cost and there is much more to learn as they collect..

So my daughter asks me....

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