Expanding collection on the cheap

Inspired by the other thread about bad economy and its effects on coin collecting....

What are some ways to expand your collection for free or on the cheap?

ie. Searing rolls for silvers?

Also, wouldnt this time present some good opportunities to take coins off from people who either dont know what they are worth or in need to generate cash?

 

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I trade mostly...or sell some high end stuff I have no interest in..then buy stuff I want..

I used to fleabay, but That was in the days of MO...now I need paypal




stainless

 

If you want the cheapest way to expand your collection go to the bank and buy coins for face value. You'll not find any coins for free unless you inherit a collection. Even then there are inheritance taxes. You mention about getting coins from people who may not know the coins value for ,from the way I understand, very little, if anything. Coin collecting is not about taking advantage of people who may not know any better. As coin collectors, we are in this hobby to collect to learn and to pass our knowledge on to those who do not know the difference. Finding coins and offering a fair price is not only what we do. Its the right thing to do.....IMO.

 

i would think that people would start selling a bunch of stuff due to these tough times. but the smart ones would be keeping their gold and silver coins. ive been seeing a lot more stuff on craigslist and have been seeing more garage sales. i guess if your into roll searching, now would be the best time to do so. more people would get out their old piggy banks and roll em up.

 

kevin.
Very well said:thumb:

 

Ditto that .:thumb:
rzage:whistle:

 

Right on Indianhead.

 

I agree with going through rolls. I have not been at this hobby long but I have been going through bank rolls like a mad man and finding all kinds of keepers.

 

anyone have luck at garage sales or fleemarkets?

 

Right on Indianhead, thats the spirit !!

 

So then here is hte question, what is fair value? book price listed in red book, or a happy medium above face value?

But i mean, to some people, they would just turn it in to the bank anyway.

 

I tell close friends that I collect coins and they tell their friends and.... well tomorrow a girl is coming over with coins from WII that she doesn't want. I told her I'd give her fair price and she said "you can have them". If there is anything really good or I sell any, I'll give her 60% without her even asking. I don't tell many people directly though. Roll searching is also fun, but hurts the eyes after awhile. Try to buy for a little under or at what a dealer would give. Make an offer and if it's ok with them, do it. Also. doing work for free for elderly people turns up some good sources, but don't expect it. Do the work w/o thinking of yourself and karma takes over.

 

I Ditto the ditto

 

For me to get coins on the cheap I go to Wensy.com I will also go through bargain bins and boxes at dealer's shops. As for free or face value I just pull out whatever I can out of pocket change.

I did inherit my grandfathers collection a few years ago. This is what it contained:
35 Silver Dollars, mostly Morgan 1921 D and S, along with 1879-S, 1891-S, 1922, 1922 D, 1922-S, 1923 S, 1926-D
1948-D, 1952-D, and 1954-D Franklin Halves
1946 Walker
1898-O Barber Quarter
1866 Shield Nickel with rays
several Indian Cents (many were corroded)
1911 and 1912 Barber Dime
1930 Buffalo Nickel, Dateless Standing Liberty Quarter
1931 Canada Nickel
several Liberty Nickels
1839BB France 5 Francs
1899 and 1904 Canada Silver 5 Cents
1917 Canada Quarter
1890 Mexico 5 Centavo
1951 Mexico 20 Centavo
India 1/4 Rupee
5 and 10 Cent Fractional Currency

I was able to fill several dates and the extra Silver Coins I put into my bullion portfolio

Will post pics as soon as I get the digital cam.

 

That privilege is reserved for dealers.

 

Went to bank today to deposit check. Asked if they have rolles of halves, they said no, but did have $6 in halves between 2 tellers.

Say thank you, get in the car... 11 out of 12 were 71+, 1 of the halves turned out to be a 64 Kennedy 90% silver.

Yay. :hail:

 

Congrats Maksimfa. All you need to do is ask.

 

Good job!!! Not a bad deal for buying at face value.

 

Thanks guys.

Ok, question.

Just looking at the coins and in the redbook, and in it, it lists the 1983 coins as being worth $5, more than the 40% and 90% coins.... any reason why?

Also, got a 92 that I am just puzzled by, there are almost no vertical cuts, dunno the name for them on the rim of the coin visible, as well as the rim from the top of hte coin to the bottom is not visible, either worn out? or error?

I will post a picture a bit later.