Learned the hard way...what now?

Spend the $40 on a girl. You've got decades to collect coins. You're potentially entering the most memorable time of your life. What's important now are experiences, not stuff. Go out and have fun.

 

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Haha thanks smitty. Guys i have other money. When i say i have 40 to spend i mean 40 to spend on coins. I know that i shouldnt put every cent i have into coins at this age

 

I would keep the cent collection, even if you don't want to keep collecting them. There is no need to get rid of them. But if you want to continue you can always dig through bargain bins at a show or store. Many of them have ones still in good condition.
As far as getting back in and since you're on a budget. I would start with a cheap series, maybe Nickels? You can always look for ones with the FS variation.

 

Well OldSilver, I'm only making a suggestion on my past experiences of collecting in my younger years. If you would like to collect on a budget, but still get enjoyment and self-satisfaction, I'd start building an affordable series. Jefferson nickels comes to my mind. I collected them and completed the series, other than new releases back in the junior high. I have to say, it was a very fun series to build, and nothing was, or still is extremely outrageous price wise.

 

I would like to commend you for having an interest in coins. There's so many other things that some people your age are more interested in and are doing, that's not only destructive to themselves, but also to the moral fiber of society. I thinks it's great that a person your age has made the decision you've made to be a coin collector. I fully understand how your current situation is a dilemma for you. However, occasionally take a moment to just reflect and be thankful that you haven't made some bad decisions to the extent that you're in serious trouble with the law, school or your parents. It's something I have to do myself sometimes. When I do, it helps me to realize that oftentimes there really is a bright spot, and/or positive in any given situation. It's those bright spots and positives that fuel us closer to our desires and goals. So, here I am again bringing work home. Anyway, sorry about the rambling.

P.S. I really do like the lawn mowing idea mentioned above. Might be able to find other odd jobs as well. Good Luck!

 

It is very easy for some collectors to get depressed when it comes to key dates. For example, do I really want to pay more than twice as much for a low-grade 1916-D than I paid for the rest of my Mercury dimes combined?

Do I really want to shell out $1000 for a 1909-S VDB, when all the other Wheaties in my collection combined cost less than $250?

Do I really want to spend $4000-5000 for a 1911-D to complete my set of $2.50 Indians, when that price is more than 20X what I spent for any other date in the series?

Do I want to take the chance that the S or D on that 1932 quarter is glued on?

My answer to all but one of the above questions has been "No". But that doesn't stop me from enjoying the coins I do have.

 

id say keep the $40 and try to get a job

 

maybe try buying a little silver, always good to have some bullion, some coins, IMO. its never good to have all ur eggs in one basket ya know

 

My recommendation for a young person getting into coins would be the state quarters and jefferson nickels. Both can be put together through finds in circulation. Ikes, SBAs and Sacagaweas are others that can be put together at a very low price.

And not all of us think of our coins on a daily basis or even weekly basis for that matter. I go for awhile without thinking about them and even longer without looking at them. Collections aren't meant to be looked at all the time. I collect other stuff as well and just like coins, only visit them every so often. My advice is to not sell any more of your coins, you'll regret it later on.

 

Thank you for the suggestion but im not new to coins. Ive been collecting coins for a long time i just stopped for a while and am getting back into it. State quarters have no interest to me. I want to restart my franklin set