Since both areas have their own unique set of qualities and drawbacks, I am very interested to hear from those who's main focus has changed between the two, and why?
I only collected modern growing up & when I got back into collecting in 2008, I stuck with modern. But ancients bit me & I have devoted more to ancients then moderns. BUT! I do collect moderns still, only world though. Too many lovely world moderns to ignore just because they are "modern". But U.S....no U.S. has entered my collection in 6 years, aside from a silver find in coinstar or something.
From Modern to Ancients, and will never look back! Modern machine made (so what!); THOUSANDS and THOUSANDS considered scarce or rare (LOL, I have several ancients that under 20 pcs are known); mundane; minor-minor issues in manufacturing are ridiculously sought after (artificial excitement); MILLIONS to BILLIONS made - just like McDonalds; perhaps in one word: BORING. Maybe I have been in mass manufacturing for too long (37 years), but today's minting process for coins does NOT excite me. It is all Marketing hype...
I have a few moderns that were given to me when I was young, but I never really got excited about them. I purchased my first Ancient, a Marcus Antonius legionary denarius in 1981 and have only collected Ancients since.
I collected moderns when I was very young through until my 20's ... and then life kicked-in and I needed money for other things!! (food & rent for example) ... and now that I'm getting older, more gray and more settled => I seem to have some sweet coin-cash ... => and once I discovered ancients were so much cooler and so much less expensive than moderns, it was a no-brainer!!
Hasn't this topic kinda come up before? SO, I collected modern U.S & World on & off for 25-30 years. I still have them, well 98% of them anyway. My collecting has always been history driven because yes I like to study history, always have even as a little kid. I always thought ancient coins would be expensive & out of my league. That is until around a year and a half ago. My focus is from then been ancients. I have to admit though I still collect world bullion and for some reason I don't understand everytime I see an AU or BU U.S war nickel I have to have it. Also Civil War era coins and currency, oh ok, Civil War era stuff to not just money.
Like most people in my country I started out collecting US coins when I was about 6, but unlike most I soon branched out into World coins. When I was about 14 I discovered ancients and fell in love with them and the history behind them. I work at a coin shop that does mostly US coins, so I don't think I could collect them in the evening after working with them all day every day. Thankfully I don't want to, ancients are my true love.
I originally started by collecting pre-decimal Australian currency at a young age. My grandmother gave me a head start by gifting me her collection. She had the foresight to store away lots of it when we moved to decimal currency in 1966. Although I had an interest ancient coins (greek and roman) from an early age, I mistakenly assumed they were unaffordable and / or exclusively in museums. It was only as an adult that I discovered the truth and began collecting them. Later, I recommenced collecting modern coins - proof sets. Mainly because I would read about proof sets but as a child never owned one. The novelty wore off quickly as it did not give me the same satisfaction as collecting ancient coins, so I sold almost all of my modern collection. Today, I have no intention to collect anything other than ancients.
Moderns is where I make money to collect ancient coins. Still need to sell a few so I can comfortably afford to make the deposit for my study abroad in France.
I started out with bullion, got interested in U.S...got more interested in ancients have collected them since 2013. I still collect modern stuff - U.S. military trade tokens (concentrating on Air Force tokens), military payment certificates, chits, and would one day like to add a sutler token and sutler scrip. But that's it. Ancients and that other stuff. I do not like slabs/slab mentality, stickers...minor errors. To each their own.
I started collecting US coins back in the 1960s. I was probably 8 or 9 when my grandfather gave me my first Indian Head penny. I started filling those blue Whitman albums--first with pennies, and then with other coins--that I pulled from circulation. Back then you could still get a Mercury dime or Liberty Standing quarter, even an occasional Indian Head penny in your change. Sometimes I would go to the local bank and buy a roll or pennies or nickels, pull out a few keepers, replace them and then swap the old rolls for new ones. Anybody remember those days? Eventually I got into high school and rock and roll (and booze and pot) and lost interest. Life staggered on. Fast forward 30 years to the early 1990s: my mother is cleaning out closets and getting ready to sell the old home, so she sent me a box containing my old Whitman albums, most of them still containing a few old coins. One of my kids who was around 9 or 10 at the time and latched on to them. We started going to the local coin collectors' group to swap coins, filling the holes in my old albums--as a teenager I would frequently raid the quarters and halves albums for spending money--and even starting new collections. I was a graduate student with three kids at the time. We didn't have much money, but back then you could buy a common Mercury dime in worn condition for $.50 and a Liberty Walking half for $2. We also discovered eBay, which was still in its infancy, and we would occasionally buy coins via the internet. The problem with collecting US coins on a tight budget is that you quickly fill up every slot in the albums except for one or two key coins, which cost hundreds of dollars. Within a couple of years we had arrived at that point. We'd go to coin conventions and gawk and droll but leave empty-handed. (I remember one time I broke down and bought a worn, beat-up US penny from the 1790s for $30. What a HUGE splurge that seemed at the time.) Then one night I discovered ancient coins on eBay. I'd always been fascinated by ancient Rome. I saw a coin of the emperor Constantine, an XF campgate. On a lark I bid $8 on it, and I won it. Hmmm: $8 for a 1,600-year-old Roman coin, or $700 for an 85-year-old US penny? To me, there seemed to be no comparison. I was hooked, and I've been collecting ancients ever since. (My son still has our US collections. I don't know if he still actively collects or not, but I haven't been able to interest him in ancients.)
I switched my focus to US type collecting and ancient Chinese coins for the same reason. Then I got a fanciful idea that ancient coins were a lot cheaper than US coins, so I decided to branch out a little bit. What I saw was a culture shock; most of the interesting coins were in the hundreds of dollars, while I was used to paying less than $1 each for my Chinese coins. But If I look at a Julius Caesar denarius for $500, I would hardly hesitate in comparison to a $500 Morgan Dollar. The denarius just has a lot more character, and far fewer people have one. Plus my favorite $300+ Morgan dollar I got for $17. No need to pay up. But I still collect US coins as a type set. It is still interesting, and you are not paying up because a coin was embossed in a slightly different way than the rest.
Once I discovered ancients, I started buying uncleaned coins. This proved to be a great way to begin collecting. They usually cost between $.80 - $1 each, there was very little risk of counterfeits (at that price, why bother?), and I was compelled to learn a lot about ancient coins and ancient history just to figure out what I had.
I built a set of Walking Liberty half dollars, a set of Standing Liberty Quarters, Buffalo nickel's and started on Seated Liberty coins and ealy half dollars along with other US coins. One day I was looking at my WL half set thinking about upgrading a few when I realized that $800 1921 looked just like that common 1941. Same with all the other US coins. What's the point of putting together sets of almost identical coins? I haven't bought a US coin in 5 years and have sold most of them to fund ancient and medieval/early modern (1500''s or so).
I also tired of collecting the same design (completing sets) with the only real noticeable changes being date/mm. I have decided that just one nice coin of each type I like is good for me. I am trying to get into collecting some ancients, but I'm finding that my taste for both high quality,and designs that I like, price me out. I'm not giving up though.
Some of the Non-Circulating Legal Tender coins are quite pretty, as are some of the designs for the cheaper modern coins.