Any coin collectors in the forums?

[skipsneeky2]

If so what series is your favorite?

Any particular type or series?certain grade?

Couple coins huge massive collection?

I for one have been collecting since i was about 10 with my first coin being a 1920-d buffalo nickel...been collecting for 14 years now .

Hoping this thread can start off for any avid collectors who just wanna talk about the king of hobbies or share your passion

Hope to hear from fellow collectors

 

[Brigandier]

Not yet, but I have 40 to buy a silver coin on Friday. It'll be my first coin purchase.

 

[zinfamous]

I have a satchel of big ass silver dollars that were part of a random inheritance from grand parents.

most of it is worthless--went through this stuff a few years ago with a buddy. Many of them are from the same mint (1908-1920something silver dollars).

there is one in one of those years, from a particular mint, that is worth about $4k, I think. Mine, obviously, is not from that mint.

I think it's roughly $50 face value for those coins. probably not worth much more than that?

 

[skipsneeky2]

Love the carson city morgan dollars but gonna be starting up a 1909-1934 lincoln cent set perhaps in about xf-40 to start b.u after 1934 and maybe try to accumulate all the other dates after 1922 in b.u also later on.

Always had a soft spot for them and maybe buy a couple american eagle silver ounce rounds too on occasion.

 

[dawp]

My daughter did go through a kick a few years ago getting ancient coins, mostly roman. Most ain't worth much, very corroded.

 

[LTC8K6]

I have a satchel of big ass silver dollars that were part of a random inheritance from grand parents.

most of it is worthless--went through this stuff a few years ago with a buddy. Many of them are from the same mint (1908-1920something silver dollars).

there is one in one of those years, from a particular mint, that is worth about $4k, I think. Mine, obviously, is not from that mint.

I think it's roughly $50 face value for those coins. probably not worth much more than that?

Have you seen the price of silver?

http://www.coinflation.com/silver_coin_values.html

 

[edro]

I collect Canadian quarters. I've got about six of 'em.

 

[xaeniac]

Have a small collection; Carson City mint is very collectible.

 

[skipsneeky2]

Have a small collection; Carson City mint is very collectible.

My favorite are the ones still intact in gsa holders my local dealer is selling them for $180 a pop.

Edit:always liked ancient roman coins but been to a alot of dealers in california and they rarely ever carry them .

 

[DrPizza]

We inherited a collection that was inherited from a relative who passed away in the early 1960's. Given that habits and wealth of the original owner of the collection, we strongly suspect that the coins are rather valuable. BUT, we haven't got a clue how to assess the value of those coins. He was known to collect a lot of valuable things - and never bothered collecting things that were relatively common. Thus, we strongly suspect that these weren't just ordinary old coins, but were many of the rarer old coins.

I haven't got a clue though, how to get a realistic appraisal of the coins. I don't trust the coin dealers in my area (I know a couple of them & wouldn't trust them with anything of value - their career is based on buying low from unsuspecting sellers & selling high.) Where do I find a coin appraiser who would give an honest appraisal???

 

[hanoverphist]

Not yet, but I have 40 to buy a silver coin on Friday. It'll be my first coin purchase.

my grampa gave me a 1922 silver dollar a couple months ago. other than a 1951 2 shilling piece and the random newer "collectors" coins i dont know much about coin collecting. btw, the melt value of silver in a 20's era silver dollar is worth about 32 bucks. last time i checked and did the math.

 

[TecHNooB]

word of the day: numismatist. thank you gre for teaching me more worthless words :|

 

[zinfamous]

Have you seen the price of silver?

http://www.coinflation.com/silver_coin_values.html

You know, I considered that, but never looked into it.

I've got about 20 lbs of those Morgan dollars, I think.

lol.

 

[edro]

We inherited a collection that was inherited from a relative who passed away in the early 1960's. Given that habits and wealth of the original owner of the collection, we strongly suspect that the coins are rather valuable. BUT, we haven't got a clue how to assess the value of those coins. He was known to collect a lot of valuable things - and never bothered collecting things that were relatively common. Thus, we strongly suspect that these weren't just ordinary old coins, but were many of the rarer old coins.

I haven't got a clue though, how to get a realistic appraisal of the coins. I don't trust the coin dealers in my area (I know a couple of them & wouldn't trust them with anything of value - their career is based on buying low from unsuspecting sellers & selling high.) Where do I find a coin appraiser who would give an honest appraisal???

Can't you just do some online research and see what coin websites are selling them for?
Or are the coins so rare/old that you can't tell what they are?

 

[LTC8K6]

You know, I considered that, but never looked into it.

I've got about 20 lbs of those Morgan dollars, I think.

lol.

When silver peaked a little while ago, a silver Washington quarter was worth over $7.

They are still pretty findable in circulation.

Most people have no clue and just spend them as if they were only 25 cents...

The good thing about melt value being high is that condition doesn't mean anything at all.

 

[xavier es]

i was an avid coin collector as a kid, found other fun things after high school and slowly sold off my collection. i always had a fondness for buffalo nickels and have managed to keep one uncirculated buffalo nickel.

 

[skipsneeky2]

Started back up a wheat penny collection today got about all the dates from 1929-1940 in vf-xf but missing 10.

Not particularly a valuable set but seems dates like the 1909-s vdb my local shop had 3 of them...so nice to know when it comes down to needing that date they will more then likely have it for me.

Been collecting this series on and off since i was 10 but alot of junk collections but now want a average vf-xf set all the way thru .

 

[skipsneeky2]

i was an avid coin collector as a kid, found other fun things after high school and slowly sold off my collection. i always had a fondness for buffalo nickels and have managed to keep one uncirculated buffalo nickel.

My first ever coin was a buffalo nickel i got in a change machine at the premadonna arcade at the vegas state line,

Machine dispensed nickels for the arcade and i put a buck i found laying around and out came a partial date 1920-d and that forever struck my interest

 

[DrPizza]

Can't you just do some online research and see what coin websites are selling them for?
Or are the coins so rare/old that you can't tell what they are?

It's all the nuances - double struck, condition, etc., that I can't do myself.

 

[edro]

It's all the nuances - double struck, condition, etc., that I can't do myself.

I would take them to a coin show, so you can get multiple opinions at one time.

 

[zinfamous]

When silver peaked a little while ago, a silver Washington quarter was worth over $7.

They are still pretty findable in circulation.

Most people have no clue and just spend them as if they were only 25 cents...

The good thing about melt value being high is that condition doesn't mean anything at all.

but doesn't that violate laws or some such--especially for money in circulation? (destruction of federal tender).

i read a rather fascinating article a few years back regarding the problem with pennies--no one wants them or likes them, at times the copper is worth more than the value of the penny, and a couple of penny recycling businesses that sprung up.

One dude was collecting dump-trucks full of pennies and melting them down for the copper (the older, pre-1981? coins that were actually copper--now they are 95% zinc, correct?)

 

[skipsneeky2]

but doesn't that violate laws or some such--especially for money in circulation? (destruction of federal tender).

i read a rather fascinating article a few years back regarding the problem with pennies--no one wants them or likes them, at times the copper is worth more than the value of the penny, and a couple of penny recycling businesses that sprung up.

One dude was collecting dump-trucks full of pennies and melting them down for the copper (the older, pre-1981? coins that were actually copper--now they are 95% zinc, correct?)

Believe one of the only reasons pennies are around is cause of sales tax.

Think about it if tax was 7.9 % per buck...that means that $1.00 roll of toilet paper now is $1.07..meaning you get 3 pennies.

If tax was 5% the penny would have no reason to be here...every amount ends in a 5 or 0..if tax was 10% same thing .

 

[zinfamous]

Believe one of the only reasons pennies are around is cause of sales tax.

Think about it if tax was 7.9 % per buck...that means that $1.00 roll of toilet paper now is $1.07..meaning you get 3 pennies.

If tax was 5% the penny would have no reason to be here...every amount ends in a 5 or 0..if tax was 10% same thing .

here it is:
http://www.newyorker.com/reporting/2008/03/31/080331fa_fact_owen

Similar to what you said, I seem to remember another thing mentioned was that doing away with the penny now, with current sales tax, it ends up costing the customer more, in the end, due to merchant rounding.

or something. I also seem to remember an argument of getting rid of the nickel before the penny, or at least both at the same time.

 

[skipsneeky2]

here it is:
http://www.newyorker.com/reporting/2008/03/31/080331fa_fact_owen

Similar to what you said, I seem to remember another thing mentioned was that doing away with the penny now, with current sales tax, it ends up costing the customer more, in the end, due to merchant rounding.

or something. I also seem to remember an argument of getting rid of the nickel before the penny, or at least both at the same time.

Edit:last year i picked up over $10 in pennies off the ground mostly in gas stations .

If they can't rightfully drop or risesales tax to 5% or 10% make a national sales tax of lets say 8% for example abolish the penny..and replace it with a 3 cent made of a cheap material perhaps like steel plated tin .

We used to have 2 and 3 cent pieces over 100 years ago why not again?

The u.s half cent lost purchasing power over 150 years ago too...so has the penny as of recently why continue beating a dead horse with them?

 

[OVerLoRDI]

We inherited a collection that was inherited from a relative who passed away in the early 1960's. Given that habits and wealth of the original owner of the collection, we strongly suspect that the coins are rather valuable. BUT, we haven't got a clue how to assess the value of those coins. He was known to collect a lot of valuable things - and never bothered collecting things that were relatively common. Thus, we strongly suspect that these weren't just ordinary old coins, but were many of the rarer old coins.

I haven't got a clue though, how to get a realistic appraisal of the coins. I don't trust the coin dealers in my area (I know a couple of them & wouldn't trust them with anything of value - their career is based on buying low from unsuspecting sellers & selling high.) Where do I find a coin appraiser who would give an honest appraisal???

If you wanted to get money out of the collection this is the approach I would take. Get a coin dealer to appraise the coins you want to sell. Turn down his offers and send him on his way. List the coins on eBay with the appraisers offer as a reserve (or a reserve with his offer in mind) and see what the market thinks the value of the coins are. Worst case is you don't sell anything and could accept appraiser's offer. Competitive market ftw