Collecting bug has hit hard

Moonbiter · June 28, 2007 1:22AM

I haven't been into collecting for more then 2 weeks now, and I'm finding myself going to the bank to get circulated rolls of coins to go error hunting. Until I have more disposable income available, I'll be doing that for a bit.

Now when I walk into the local coin shop, I drool looking at all the coins I want.

asin · June 28, 2007 1:27AM

Start with prez.bucks from us mint unc.and proof

kwmorgan · June 28, 2007 1:29AM

Just wait until the "old US gold bug" hits you. It's hit me right where it hurts the pocketbook the most...double eagles.

It's a fun hobby, you'll enjoy it!

BlackBeard · June 28, 2007 1:30AM

I know the feeling. I was out of serious coin collecting for many years. I stopped in the mid 1970's, dabbled a bit in the early 1990's and exploded back into it in 2004 when I started submitting coins to PCGS.

to the boards!

mrcommem · June 28, 2007 1:32AM

I caught the Dahlonega gold bug back in 1998 and I have been busted ever since.

mcheath · June 28, 2007 1:35AM

I read the title and the first 10 words and was worried for you. Circulated rolls are great way to start collecting coins. No investment but time. Plus you will gain an appreciation for who scarce some of these coin really are. Good Luck and Im glad you are enjoying the endeavor.

Type2 · June 28, 2007 1:36AM

We all have the bug, When I am driving and see coin I'am redy to pull over just to see coin laundry mat S%@t

kwmorgan · June 28, 2007 1:41AM

<< I haven't been into collecting for more then 2 weeks now, and I'm finding myself going to the bank to get circulated rolls of coins to go error hunting. Until I have more disposable income available, I'll be doing that for a bit.

Now when I walk into the local coin shop, I drool looking at all the coins I want. >>

Since you're on a limited budget, I have a challenge for you that is inexpensive. Put together a complete set of circulation clad Roosevelt dimes. 1965 to date. It's not as easy as one would think. It took me over a year to find a 1969 Philly dime in pocket change.

jmski52 · June 28, 2007 1:42AM

cladking · June 28, 2007 1:48AM

Coins are a hoot.

Whatever coins you're looking through you might want to start a set of. These are challenging
and make a great reference collection for identifying varieties.

morganbarber · June 28, 2007 1:57AM

Forget errors. There are some numismatically decent nickels to be found in rolls. Also, if you can afford halves and your bank will provide them, there is a mountain of silver out there. Good luck!

curly · June 28, 2007 2:01AM

<< I haven't been into collecting for more then 2 weeks now, and I'm finding myself going to the bank to get circulated rolls of coins to go error hunting. Until I have more disposable income available, I'll be doing that for a bit.

Now when I walk into the local coin shop, I drool looking at all the coins I want. >>

Deal with it brother, this is very addictive. Don't expect relief.

By the way, welcome aboard. How you?

jobiwan115 · June 28, 2007 2:53AM

Hello and welcome! This is a great place to start, and there's plenty to learn.

I understand how you feel, "walking into the local coin shop and drooling". But get educated first, purchase coins later. I wish I discovered this board when I was just 2 weeks into collecting, instead of a couple of years. I'm sure I would've made a lot less mistakes.

I like kwmorgan and mcheath's suggestions - low budget and a great place to start. I'm starting a similar collection with circulated Kennedy halves.

Best of luck to you, and keep reading here! There's some flaky posts, like on any board, but a LOT of good knowledge from some really nice people, too. See you around.

Moonbiter · June 28, 2007 3:30AM

A bit about me and my "collection". I'm 37 and I acquired my grandmothers collection back in the early 90's. I went through it all and took out the stuff that had some value and put it in my safe. Lots of the other lesser stuff went in also, but that's because I have 4 old safes that you can pick up for about a $100-200 but weigh a ton.

I guess you could call my collection a poor mans collection as it's mostly circulated stuff that my grandmother found out of old bank bags she used to get on a weekly basis, but she found some nice coins. The best one was a 1909s VDB that graded VF-20 from PCGS (just got it back from them). I have some '32 Washingtions, most the key dates for Lincohns, lots of buffalo nickels, jeffersons, walking liberty havles, a complete set of Franklin halves. Come to think of it, she had a pretty good collection. I also have proofs and mint sets from '68 to '96 with some silver and prestige sets also. I have silver eagle proofs and uncirculated from '86-'96 with about 20 of them being proofs from '93-95. I also have some commemoratives sets also.

Now that I'm into collecting now, I might look into completing sets since she has so many already, but some series, like the Mercury dime, she doesn't have the '16d but she does have an '16s

I might be able to do a Roosevelt clad collection, but I could cheat and draw upon my other collection, but I won't. This sounds like a fun challenge and I'll have to start putting dimes on my list to get.

I've started searching the presidential dollars (uncirculated), but I'm stuck on the wrong side of the Mississippi and get the Denver mint stuff =(.

When Oct/Nov comes around I'll be selling lots of proof and mint sets from '68-'96. I have 4 of each for most, and 3 for others. I was going to sell them so I had 2 each, and then take that money and get a gold coin. I have lots of plans, but I have to start shifting my assets around in the collection.

clarkbar04 · June 28, 2007 3:34AM

Try to keep your drooling to the slabbed coins!!

Moonbiter · June 28, 2007 3:37AM

Forgot to ask, can you still find silver half dollars out there? I figured they'd grabbed them all by now.

For any major purchases, I'm going PCGS slabs only until I get proficient in grading. Might do a NGC slab, but I would prefer PCGS.

jobiwan115 · June 28, 2007 3:41AM

<< Forgot to ask, can you still find silver half dollars out there? I figured they'd grabbed them all by now. >>

From what I've heard on this board, you can still find them. I'm going to check a few local banks for Kennedys.

<< For any major purchases, I'm going PCGS slabs only until I get proficient in grading. Might do a NGC slab, but I would prefer PCGS. >>

Sounds like a good idea. I've heard mixed results on ANACS and SEGS, but any others besides these four, I would avoid completely.

Edit for: missed a quote.

tahoe98 · June 28, 2007 3:54AM

Moonbiter · June 28, 2007 4:35AM

What is a good book to get to learn how to grade coins? I have an old photograde one but it only goes up to AU coins I think. I want to learn what to look for across the board. What do you recommend?

JJM · June 28, 2007 4:39AM

09sVDB · June 28, 2007 6:21AM

The PCGS grading and conterfeit dection book is the first that comes to mind. There are many others.

kwmorgan · June 28, 2007 6:52AM

<< Forgot to ask, can you still find silver half dollars out there? I figured they'd grabbed them all by now.

For any major purchases, I'm going PCGS slabs only until I get proficient in grading. Might do a NGC slab, but I would prefer PCGS. >>

If you are tempted to buy old US gold, you are definitely correct on buying only PCGS or NGC slabbed coins. I've seen multilpe instances where people have been taken to the cleaners on very good counterfeits. All of my US gold is slabbed. All of my expensive Morgans are either in PCGS, NGC or original GSA plastic. GSA's are Morgan dollars sold by the Gov't in the 1970's and most were Carson City mint coins, btw.

Moonbiter · June 28, 2007 7:09AM

Yeah, I don't want to get burned on gold coins so I will purchased slabbed ones only. I have '81, '82, '83, '84 and '85 GSA Morgans, so I know exactly what you are talking about.

kwmorgan · June 28, 2007 7:16AM

<< Yeah, I don't want to get burned on gold coins so I will purchased slabbed ones only. I have '81, '82, '83, '84 and '85 GSA Morgans, so I know exactly what you are talking about. >>

Very cool, wasn't sure how "new" you were, so I figured best explain the GSA thang. I smell a 1880-CC Reverse of '79 and a 1880-CC Reverse of '78 in your future, btw hehehe.

Moonbiter · June 28, 2007 7:19AM

For some reason I like the Carson City mint stuff. Not sure why, but I like it. hehe

kwmorgan · June 28, 2007 7:55AM

<< For some reason I like the Carson City mint stuff. Not sure why, but I like it. hehe >>

Wild West and the Comstock Lode all rolled up into one coin for me. BTW, if you call the Nevada State Museum (old CC mint) in CC, they sell the brass and silver bullion rounds struck on old press number 1. Neat to include one in a CC mint collection. The old girl still does a really good job of striking coins.

PerryHall · June 28, 2007 8:00AM

<< 

<< Forgot to ask, can you still find silver half dollars out there? I figured they'd grabbed them all by now.

For any major purchases, I'm going PCGS slabs only until I get proficient in grading. Might do a NGC slab, but I would prefer PCGS. >>

If you are tempted to buy old US gold, you are definitely correct on buying only PCGS or NGC slabbed coins. I've seen multilpe instances where people have been taken to the cleaners on very good counterfeits. All of my US gold is slabbed. All of my expensive Morgans are either in PCGS, NGC or original GSA plastic. GSA's are Morgan dollars sold by the Gov't in the 1970's and most were Carson City mint coins, btw. >>

ICG and ANACS also does a good job of authenticating coins.

LincolnCentMan · June 28, 2007 8:03AM

Get half dollars if you can. You'll find an occasional 90% silver half in those. 1969 and back is 40% silver. 1964 and back is 90% silver. Good luck with your searches.

-David

kwmorgan · June 28, 2007 8:06AM

<< 

<< 

<< Forgot to ask, can you still find silver half dollars out there? I figured they'd grabbed them all by now.

For any major purchases, I'm going PCGS slabs only until I get proficient in grading. Might do a NGC slab, but I would prefer PCGS. >>

If you are tempted to buy old US gold, you are definitely correct on buying only PCGS or NGC slabbed coins. I've seen multilpe instances where people have been taken to the cleaners on very good counterfeits. All of my US gold is slabbed. All of my expensive Morgans are either in PCGS, NGC or original GSA plastic. GSA's are Morgan dollars sold by the Gov't in the 1970's and most were Carson City mint coins, btw. >>

ICG and ANACS also does a good job of authenticating coins. >>

Very true. I have a couple ICG and ANACS slabs around the house as well. My 1889 Morgan "bar wing" is in ANACS. I do like what ANACS does on cleaned coins. They slab it, but list it as cleaned.

Musky1011 · June 28, 2007 8:21AM

start with a dansco 7070 type set album

do this 1st, save yourself alot of headaches

Jim

Collecting bug has hit hard

Comments

Leave a Comment