5 questions about your coin interest

Discussion in 'Coin Chat' started by mikenoodle, Aug 8, 2010.

  1. mikenoodle

    mikenoodle The Village Idiot Supporter

    I wanted to adapt something that we have done on The Coin Show (see embedded player at right ---->) and pose 5 questions to anyone here who wishes to answer.

    I will post the 5 questions in post #2 so that people can simply quote the post and enter in their answers.

    I am interested to see the variety of responses to the same simple 5 questions.

    This is NOT an essay contest!!! Keep the answers short, sweet and to the point.
     
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  3. mikenoodle

    mikenoodle The Village Idiot Supporter

    5 Questions:

    1) Do you actively collect coins and/or currency?

    2) What is your favorite coin design and why?

    3) What is your favorite money-related reference material?

    4) Do you buy with expectations of realizing a profit on your collection?

    5) What is the best advice that you can give to a new collector?
     
  4. DoK U Mint

    DoK U Mint In Odd we Trust

    5 Questions:

    1) Do you actively collect coins and/or currency?

    Yes

    2) What is your favorite coin design and why?

    Liberty Walking~Best coin R. Crumb never designed; they are affordable and sound good.

    3) What is your favorite money-related reference material?

    I'm still a newbie so it is the Red Book, this BB, your radio show:devil: and Granny's choices.

    4) Do you buy with expectations of realizing a profit on your collection?

    I've swapped out some old stuff to get new stuff I think is worth more.

    5) What is the best advice that you can give to a new collector?

    Find something you like and learn about it so you can enjoy it in your pursuits.
     
  5. Ltrain

    Ltrain New Member

    1) Do you actively collect coins and/or currency?
    Yes, I do.

    2) What is your favorite coin design and why?
    Probably Mercury dimes. Elegance, simplicity, and that greek/roman influence, somehow modernized.

    3) What is your favorite money-related reference material?
    This site.

    4) Do you buy with expectations of realizing a profit on your collection?
    Hmm... I typically only buy when I think I could sell for a profit, so yes.

    5) What is the best advice that you can give to a new collector?
    Learn to grade a coin before you start buying them. Nothing like buying a coin you think is UNC (for UNC money!), taking it home, and later on, noticing slight rub on it.
     
  6. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    Yes
    V nickels there just cool
    Redbook or any good book
    It would be nice but my collections not for sale
    Buy a coin book
     
  7. Mat

    Mat Ancient Coincoholic

    1) Do you actively collect coins and/or currency?

    Yes, but more coins and occasional currency.

    2) What is your favorite coin design and why?

    Hard to choose but pretty much anything with a liberty figure.

    3) What is your favorite money-related reference material?

    Red Book, Internet, & helpful posters on here.

    4) Do you buy with expectations of realizing a profit on your collection?

    No, not really. I buy what I can afford. I have some nice pieces I am happy to have.

    5) What is the best advice that you can give to a new collector?

    The usual, buy the coin & not the slab. Buy within your budget & to me, dont hesitate to buy a problem coin. Sometimes thats the only way to get a fantasy coin. They can still be enjoyed. Though very harshly cleaned & coins with huge dents & holes arent fun :p.

    Read more: http://www.cointalk.com/t123370/#ixzz0w42nipXo
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Chris
     
  9. krispy

    krispy krispy

    1) Do you actively collect coins and/or currency?

    Both.

    2) What is your favorite coin design and why?

    $10 Gold Eagle (1907-33 Indian Head). Because Saint-Gaudens made Liberty look both classic and youthful and the eagle is sitting at rest.

    3) What is your favorite money-related reference material?


    Official and comprehensive guide books written by leading numismatists cross referenced with online sources: auction archives, forums, etc.

    4) Do you buy with expectations of realizing a profit on your collection?

    No, although I remind myself that saving up to buy a quality piece or one of superior grade may help to retain value should I need to resell.

    5) What is the best advice that you can give to a new collector?

    Read, Read, Read! Be observant and look at a lot of coins/notes.
     
  10. chip

    chip Novice collector

    1. yes

    2. Too many to single out one

    3. Probably Numismatic News, if I understood the question correctly

    4. No, but I do think that it has some objective monetary value.

    5. Keep it in perspective, have fun, it is for you to enjoy not to become upset over.
     
  11. KoinJester

    KoinJester Well-Known Member

    1) Do you actively collect coins and/or currency? Yes

    2) What is your favorite coin design and why? Liberty/shield Nickels, design

    3) What is your favorite money-related reference material?Breen's encyclopedia

    4) Do you buy with expectations of realizing a profit on your collection? Nope

    5) What is the best advice that you can give to a new collector?Read and study and when you think you know it read and study so more. Quality over quantity
     
  12. stealer

    stealer Roller of Coins

    1) Do you actively collect coins and/or currency?

    Yes

    2) What is your favorite coin design and why?

    No Star Seated Liberty Dimes. Something about the clean fields in the obverse similar to the Gobretch Dollar.

    3) What is your favorite money-related reference material?

    Forums, books etc

    4) Do you buy with expectations of realizing a profit on your collection?

    Generally yes

    5) What is the best advice that you can give to a new collector?

    Take your time when purchasing new coins. I know it's cliche, but buy the coin, not the holder.
     
  13. bigjpst

    bigjpst Well-Known Member

    Collect what interests you, but make sure you do your research so you don't get burned.
     
  14. dimeguy

    dimeguy Dime Enthusiast

    1. Yes
    2. Mercury Dime-winged cap and fasce are unique
    3. Any series specific book-currently Complete Guide to Franklin Half Dollars
    4. Laughably and resoundingly no.
    5. Enjoy what you collect and don't let anyone tell you it's stupid/worthless/silly.
     
  15. green18

    green18 Unknown member Sweet on Commemorative Coins

    Have fun, enjoy what you collect and don't worry about making a profit. If you have to worry about makin' a profit you ain't havin' fun....:)
     
  16. camlov2

    camlov2 Member

    1) Do you actively collect coins and/or currency?
    Yes
    2) What is your favorite coin design and why?
    I like it when they frequently change designs, current design-nickel. All time-walking liberty half (or current silver eagle)
    3) What is your favorite money-related reference material?
    "Grading coins by Photographs"-Bowers, I am finally starting to get a handle on grading.
    I am looking to pick up "National Bank Notes"-Kelly since that is my main focus now.
    4) Do you buy with expectations of realizing a profit on your collection?
    I don't see myself selling but I might make a profit since a good portion of the collection was handed down to me.
    The more I buy, the less likely I would make a profit.
    5) What is the best advice that you can give to a new collector?
    Set a budget, buy what you like, don't expect to complete a full run of most coins without spending a lot of money.
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    1) Do you actively collect coins and/or currency?

    No.


    2) What is your favorite coin design and why?

    The Franc a' Cheval - because there's something about a King in full armor on his war horse charging across the field of battle with his sword raised high over his head that stirs my blood.


    3) What is your favorite money-related reference material?

    I have no single favorite so I would have to say type of refeerence - books.


    4) Do you buy with expectations of realizing a profit on your collection?

    No.


    5) What is the best advice that you can give to a new collector?

    Learn and study everything you can about what you collect, and above all exercise patience !
     
  18. chrisild

    chrisild Coin Collector

    Coins - yes. Paper money - no.

    Don't have one single favorite design. In my opinion, a good design is one that reflects the time when it was made. In other words, coins from the early 21st century should not attempt to look like designs from the 19th or early 20th century.

    A coin catalog that covers the area/s that I collect. Also, books about grading and maybe about counterfeits would be useful. Mine are in German, so don't expect any specific titles here ...

    No. But of course I don't pay "any" price for a coin that I want. :)

    Do not try and collect "everything" in terms of coins. Focus on some country/area or theme that looks attractive.

    Christian
     
  19. 10gary22

    10gary22 Junior Member

     
  20. BALD SPARTAN

    BALD SPARTAN Member

    1) Do you actively collect coins and/or currency?
    yes

    2) What is your favorite coin design and why?
    Any coin depicting an eagle.

    3) What is your favorite money-related reference material?
    Cointalk and any book by David Bowers

    4) Do you buy with expectations of realizing a profit on your collection?
    No I just try not to overpay for my coins to start with.

    5) What is the best advice that you can give to a new collector?
    Learn everything you can about the coin before spending your money on it.
     
  21. poppa501

    poppa501 older'n dirt

    Read--Read--Read! Pick something you like and start small and work your way up. Don't be afraid to ask for advice from others. Preferably before you buy.
     
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