This year, I'm giving coins out as gifts. I have 3 brothers, 1 sister, and 3 sisters in law's, each of who I will be giving a nice silver quarter to. I also have 4 nieces ranging from age 1 to 7. I am giving them each, one pre 1900 Indian Head Cent. I will be giving people other gifts and gift cards, and the like. Anyone else given out coins as presents, to family members, not just to family members who collect them?
Although, I have never given coins as gifts, but I have certainly been the recipient of many coin gifts in my lifetime as a collector (42 years) and they are or were very much appreciated!
Unless they are actually interested in coins, I may give them like a 1 ounce silver art bar or round with a theme that interests them.
I thought about it this year, giving my two brothers as well as my parents each a one ounce silver round, but its a little out of my budget range unfortunately. Also I think they would just lose them eventually.
The only coins I usually give out as gifts to adults is $1 silver eagles although I will give all kinds of coins to interested children.
i think i'm gonna slab a pocket change Memorial as a gag gift. Wait til u see the look in his eyes when he knows he getting a *nice* slabbed coin and it turns out to be an MS60 2001 Lincoln. "Zero slabbed at this grade" haha
I have given coins as gifts but only to people who collect them. I try to give gifts that people want. TC
Every birthday for each of my 15 cousins, I give coins to them, not too sure what they do with them though.
I am giving (not Santa) my 8 and 9 year olds dansco Jefferson and LMC books and some starter coins. My 8 year old actually asked me for a dansco. They may lose interest eventually but if we complete I will keep and give them to them later in life. U never know they seem to enjoy it now.
My brother and sister in law are having a baby boy in March so I plan to give him a 2012 Silver Eagle.
Unless they are a collector, I would pass on the idea. At the store, we see people all the time selling that silver eagle and such the day after Christmas or their birthday for the cash. JMO Matt
Yeah, giving coins as gifts to non-collectors just isn't a good idea in my opinion. If I gave my brother a ASE, he'd go spend it as if it was really just a dollar, probably on booze or cigarettes. I once dated a girl who gave me some coins as a gift, it was a nice gesture but she got me the first 8 Presidential Republic of Liberia $5 "virtually worthless" coins. I actually still have them, sadly. Although giving an ASE or other type coin to commemorate someone having a baby or anniversary I'm okay with, they're more likely to keep it because it stands for something.
Last year I bought my wife a seated liberty love token dime, it's one of her favorites to this day. And I didn't have to pay a rediculous premium for it either!
bad idea in general. Don't buy coins for an advanced collector from a TV ad because "Doug" likes coins..... I don't want that crap ! Don't give to non-collectors because they likely don't want it. Maybe if somebody was into antiques and such, then a few Morgan dollars MAY be appropriate
Australian lunar gold coins are unique and beautifully crafted. They make ideal gifts for friends, family and business.
People who are not collectors do not appreciate (and often hardly respect) the hobby or the coins. According to my own experience, even expensive or "famous" coins hardly arouse any curiosity. IMHO, your 1942D DDO quarter might be forgotten in a few days and in a month it will be tossed into the wallet and spent. So, yeah, bad idea.
Sadly, no. I have done so in the past only to find out later that the recipients had no clue and no interest. In my own ignorance I really believed they would see what I saw. Just knew they would see the beauty..only to have them wonder what to do with them. How come everyone doesn't like what I like? Ha ha, just kidding. No coin gifts..only here on CoinTalk.
I agree that giving coins to an adult who has no interest in coins is probably a waste of time and money but it may be a fun gift for kids to help get them interested in the hobby.
I don't normally like getting coins as gifts because it is usually something that I didn't want or of poor quality. But my mom got me a an ATB 5 oz quarter - Gettysburg - for Christmas this year. I like civil war so it is a nice first one for me. I think my brother and my wife told her what to get - my brother collects too. It is nice and I can't see any flaws on the coin with my new headband loupe my wife got me.
