Starting a coin collection for my daughter

Valid point ^ i do like mercs more but roose's are nice too

 

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Some of the sets I like that are relatively inexpensive but retain value and collector appreciation are Liberty Walking halves and Franklin halves. Both can be found easy enough and both sets can be completed with little effort. They are nice coins with a history. My mother gave me her Franklin set, adding to my two sets of them, and hers is one I would never sell, and appreciate the most.

 

I was thinking this too, but I don't know the OP's budget.

 

Couldn't have said it better!

 

Very cool! Coins aren't much for "investment" purposes unless they are key dates or conditional rarities. Rather than a collection, you should just buy her one very nice coin. Quality is better than quantity.

 

well with a kid on the way i have made saving a priority but i have 2 jobs one delivering pizzas so i mostly use my tip money to pick up coins. roughly 100 dollars a week maybe a lil more a lil less

 

If profit and investment is what you're looking for, then buy 1 oz. bullions.

 

i really just want somting that will retain its value over time so if anything does happen to me she will have somthing to remember me by and possible money to get out of a tight spot

 

If you want tto hold their interest, think thematic. It has worked w/all my kids & g-kids. My son's was mammals, a daughter,flora. 2 others, all over the map. My oldest g-son initially got into the numis lifestyle collecting reptiles, then on to exo. You could always add bullion for the security, but if you want them truly into it & involved, there's nothing like getting both a different cat AND dog, a few times a year.

 

1 oz. bullions will retain value.

They will always be worth their weight in the precious metal they are made of.:thumb:

 

i have a few ASE and junk silver right now

 

There you go.

 

haha thanks i really want to break into gold but just dont have the cash for it

 

Two points;

1. If you are strictly saving for her, collectible coins are not a great way to go. The buy sell spread makes them unattractive investments. So, if its ONLY for saving, then either buy bullion or, you know, open up a savings account.

2. If you wish to EDUCATE her, then by all means coin collecting is a great way to do that. She will learn tons about history, geography, and many other subjects. However, this will require her participation, and she may or may not give a darn about coins. So, I would wait to see if she is interested and wishes to learn before spending much in this area. If she does want to learn, though, then even cheap world and ancient coins can teach her just as much if not more than expensive coins. One other thing, kids like to touch and feel. Don't be one of "those guys" who buys something for a kid but forbids them to touch it. You will suck any fun right out of the hobby for them. Buy them coins they can handle, feel, etc. Circulated coins and any ancients fit the bill here.

Way too many parents get all "serious" about collectibles and completely ruin the hobby for their kids, just like they completely ruin sports by being so serious about it.

 

^Great advice i was going to use the junk silver as the "touch" coins

 

Get her a nice WL half. That coin mesmorized me with its beauty when I was a young child, and is probably singularly responsible for me being a collector today.

Or, for her birthday, how about a nice Roman Empress coin? She can handle it, touch it, read about the empress and her husband, learn some history as well as checking out the Roman hairstyles.

 

#1
Coins of the World can be collected on the cheap & the process promotes learning subjects of geography, politics, economics, etc. Make sure you get a used Krause World Coin Catalog.

#2
Every kid has a proof set of his birth year. Consider getting a book on the minting process and begin collecting error coins. Your kid might be the only one on the block with an error coin birth year set.

Stay thirsty my friend.

 

I dont normally drink but when i do.......i get really drunk and talk about coins ha ha.... Thanks for the advice everyone im going to keep on collecting all the silver i can and some more proof sets and world coins you have all been a big help and thanks for being so welcoming to a newbie :high5: =)

 

Looking forward to your posts.
:welcome: