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more noob questions!

First let me thank everyone so much for all the advice I have received so far. I love this forum!

I have been following everyones advice as far as slowing down on my coin purchases. I haven't bought anything in a week! Thats huge for me! I will have to take the son into a coin store this weekend however to spend his allowance, but will do whatever it takes to not add to my collection. I have submitted my best 10 coins for grading to confirm that I'm doing okay, and as soon as I get them back (assuming all goes well) I will then start hoarding again!

I do have a few more questions if you don't mind, and I apologize in advance if they are too noobie!

TPG: I understand this means a top grading company (pcgs, ngc) but what does it stand for?

Reverse proof: obviously its a reverse of a proof coin, but what exactly is reversed?? Mirror image?

Crossover grading: I sent my coins into NGC to get the inital grade. After they come back can I send them to PCGS with instructions to only remove from the slab if they can give an equal or better grade, or do they need to get their hands on the coin to even get started?

My 8 yr old is sitting next to me and this is his question: He is almost done with his franklin set. He wants to do buffalo nickel's next. He already has some random ones, but can 20 bucks a week (time frame doesnt matter) eventually buy most of the dates/mint marks, with me buying the more expensive key dates for bdays, xmas etc..? As long as the date is readable he is happy with the coin!

My wife wants to know if all coin collecters are all crazy, or if its just me and my son! She caught him not eating lunch all week at school so he would have a few more bucks at the coin store on the weekend!

Thanks in advance for some answers!
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Comments

  • TPG: Third Party Grading
    Reverse Proof: Instead of the frosty lady liberty with mirror fields the fields are frosty and lady liberty is smooth and mirror like
  • Your poor son has the bug bad, saving his lunch money too!!image Good for the YN that he is so interested in coin collecting.
    Retired U.S. Army Paratrooper 1977- 1992 Served Proudly. 100% DAV
    All The Way - And Then Some
    I collect Modern Commemoratives
    and anything Franklin.
    image


  • << <i>TPG: I understand this means a top grading company (pcgs, ngc) but what does it stand for? >>



    third party grader




    << <i>Reverse proof: obviously its a reverse of a proof coin, but what exactly is reversed?? Mirror image? >>




    brilliant devices, "frosty" fields





    << <i>After they come back can I send them to PCGS with instructions to only remove from the slab if they can give an equal or better grade >>




    yes, I believe they do this by default





    << <i>My 8 yr old is sitting next to me and this is his question: He is almost done with his franklin set. He wants to do buffalo nickel's next. He already has some random ones, but can 20 bucks a week (time frame doesnt matter) eventually buy most of the dates/mint marks, with me buying the more expensive key dates for bdays, xmas etc..? As long as the date is readable he is happy with the coin!
    >>




    certainly, and it won't even take forever






    << <i>My wife wants to know if all coin collecters are all crazy >>





    no question about it! none WHATSOEVER!!



    Glad to help image
  • I would suggest collecting your Buffalo Nickels in Fine. It's a great series to collect and rather inexpensive in this grade. The only real stopper is the 1913-S type 2. I also recommend that you pick up a copy of the redbook. This will give you a idea of about what the market price value is. There is also numerous books that specialize on Buffalo Nickels.
  • wow you guys are so awesome with your quick thoughful answers!

    Thanks a bunch!
    image


  • << <i> My wife wants to know if all coin collecters are all crazy, or if its just me and my son! She caught him not eating lunch all week at school so he would have a few more bucks at the coin store on the weekend! >>



    I know exactly how he feels! I quit letting my wife eat lunch so I could have some more coin money.


  • << <i>

    << <i> My wife wants to know if all coin collecters are all crazy, or if its just me and my son! She caught him not eating lunch all week at school so he would have a few more bucks at the coin store on the weekend! >>



    I know exactly how he feels! I quit letting my wife eat lunch so I could have some more coin money. >>




    Now there is the best advise I've picked up yet! Get the wife to loose a few and get more coins! A true winner!
    image
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    that kid has all the makings of a future numismatist!!!!





    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington

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