Best coins to collect

Well, Morgans can be a decent, fairly affordable collection if:
You complete a Date set only. Don't worry about mintmarks, just collect Morgans throughout their run, regardless of mintmarks. It's a fun set, will be high on the silver content, and if you don't worry about grade, many can be had around melt value.

And the redbook is a solid resource. The prices may not be up to date, but the comparison between prices will be fairly accurate. You can tell which pieces are more desired, more rare, and which are harder to obtain in higher grades. Also, you'll see varieties and such. A great resource.

 

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for the redbook, nothing really. It's price guide is extremely inacurate, so when people refer to that, it is always stated quickly, and often times repeated. The point is it has a good list of US coins, some grading points, shows varieties, and has a helpful bullion value section for gold and silver with a table. So, no, there is really nothing wrong with the redbook. I personaly love the thing.

Also, the dansco 7070 album type set of US coins is a fun way to start, with some silver and copper and some old and some new. just a nice variety.

 

Thank you everyone. I will try looking into the Dansco set. As most of you said i will keep using the red book, but will use it in a general use, since it is a guide and not very specific in some cases. Next time i go to the coin dealer i will see if he could help me with some coin conditions along with reading some online articles and books. And for the Morgan set, i will wait until i can get my Indian head, Wheat, and nickle and dime sets all organized. Thanks again for all the help! If anyone else thinks of any suggestions for me i am welcome for suggestions!

Thanks, Kyle

 

OP, take a week to read as much as you can on this site. Use the search for diff terms these guys use. Almost every question in your mind is answered on here, with way more depth to each answer.

Redbook, for a noob like me is good, for the descriptions of each coin. Ive learned, in terms of accurate prices...you research realized prices of these coins , for example, what coins really sell for on ebay. Redbook is nice for coin porn ill admit it, for a noob like me at least.

But just absorb as much as you can on here and go to the links these guys link, the stickies, etc. You will also get an idea on this whole slab.unslabbed thing as well, in depth.

gl dude

 

Thank you, i have been getting magazines at the local grocery store, and i have been reading one of them called "coin world" and one that my uncle gave me called "coin age". The coin age one is a year old, but i am still learning things i never knew about coins that i have been thinking about collecting! I will defiantly read more on this site. Thank you everyone for your inputs on my thread! i have learned a ton on just your suggestions.
Thanks,
Kyle

 

I've been enjoying Ikes lately but to each there own

 

i have a pile of those, but they are not MS so they are only worth face value.

 

You want a great way to learn about coins? Go get a ANA guidebook on grading, and go to the bank and get a bag of cents or nickels. Don't worry, you won't be ou the money since you will returning most of it. Spend a day or two going over every single coin and grade it according to the book. Make piles, (G, VG, F, etc). Then, when you are done, go over each pile to see if you still agree with the grade given. When you are done, take one of each date/mm from the highest grading pile, or just send them all back to the bank.

Learning to grade circulated coins is a skill you learn by practice. We all had to do it, and this is about the fastest way I know how to teach it. Grade 1000 coins of the same series all at once, and you will start to get pretty good at it. Most of this skill will translate to other coins as well.

Its how I learned to grade 35+ years ago.

 

I do have a jar of about 300 Lincoln wheat pennys. Where i a good spot to look for the book your talking about? Would my local dealer have it, or do i have to order one off the internet?

 

I just had to re-glue my 1974 edition.

 

Good Lord, you are going to fit in well here. Thinking about what I would recommend for someone to start collecting, and seeing people mention type sets, I think this is a great idea for first time collectors. It gives you something that is very collectable, it makes you learn something about coins, and it gives you a sense of accomplishment. I was just thinking of when (even before e-bay) I finally found a twenty-cent piece that looked nice to me and that I could afford.

 

Haha, thanks. I have really learned some great suggestions from the community on here! Whether its me reading other threads, or reading some of the books people recommended on this thread. I have been working on my coins for about a month or more, and I have yet to do anything but pennies. I keep learning new things to do and looking to try and find different mints and years and greater conditions. I can honestly say that coins opened a new world to me, and teaches me tons on geography and US government. And yes, this thread has some great suggestions that i defiantly will listen to. Thank you everyone for the welcoming to the forum, great suggestions for me and fellow newbies into collecting.