I have an extensive coin collection

Discussion in 'Coin Chat' started by Cody Horton, Jul 24, 2020.

  1. Cody Horton

    Cody Horton Member

    Yeah i just have trouble determining error coins, double die coins, and other collectable coin errors
     
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  3. John Skelton

    John Skelton Morgan man!

    When you are doing your research, stay away from the 'strike it rich' books and videos on YouTube. I only watch the coin minting videos. But when I started out the first book I bought was "Strike It Rich with Pocket Change" and I threw it away once I discovered this forum.

    Don't get too caught up looking for error coins. It can lead to seeing things that aren't there.
     
  4. Cody Horton

    Cody Horton Member

    Yeah i can see that thanks for the heads up lol and i only keep ones when the error is visible enough to see in a photo i just read a little about errors to be honest
     
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  5. Mr.Q

    Mr.Q Well-Known Member

    Paddyman is correct and is very knowledgeable. Face or melt value not much there sorry. Good luck
     
  6. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    Buy this book (as others have suggested). While the price guide isn't the most accurate, you'll easily be able to see if a coin is rare or common compared to others of that type. Plus it's filled with loads of info like mintmark location, basic grading, coinage history, mintages, and lots more. It will, without a doubt be the best $10-15 you'll ever spend on the hobby. I'm certain that most of the experienced collectors on this site who started by collecting US Coins used a red book when they were getting started.

    [​IMG]
     
  7. Kentucky

    Kentucky Supporter! Supporter

    Welcome to CoinTalk. The coin you posted where you can't see the last two numbers in the date was caused by the die the coin was struck from getting grease and other debris in it so the numbers didn't strike. No real extra value, but kind of interesting. If you don't mind, how old are you?
     
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  8. Cody Horton

    Cody Horton Member

    Oh thanks for letting me know and im 21
     
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  9. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    To be straightforward, it doesn't look like there is anything special. From a purely financial standpoint, you'd probably get beer money (keystone light, not the fancy craft beers)

    HOWEVER, you have the beginnings of a little collection. If you have an interest in any type of collecting or history, then these would make a nice start. And even if you're not really interested in collecting, you may still want to consider hanging on to them as a family keepsake from your grandfather, especially with their minimal value.

    Hope this helps
     
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  10. whopper64

    whopper64 Well-Known Member

    Damaged and/or worn coin. Worth 1c. Look for older coins, such as 1909 to 1930's for lincoln cents. If you have any Indian Head pennies, those are worth more than face value especially if they are in good condition. Separate your coins, and then by date. Then you can show the older ones on this forum. Good luck!
     
  11. UncleScroge

    UncleScroge Well-Known Member

    His first pic with multiple coins had what looked like an 1892(?) IHC.
    1892 IHC.jpg
     
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  12. Cody Horton

    Cody Horton Member

    Yeah i have 3 indian head penny's but thanks for all the advice, thanks to everyone here I'm more into the history of coins and such appreciate it everyone
     

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  13. john65999

    john65999 Well-Known Member

    at the flea i sell my foriegn junk (er, quality) coins for 5/1.00
     
  14. john65999

    john65999 Well-Known Member

    struck through grease, worth a few dollars
     
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  15. john65999

    john65999 Well-Known Member

    go to pcgs coin grading, this can help you learn how to grade, once your coins are sorted by date and grade, next comes pricing, i prefer numismedia, also on line..a dealer will give you 1/2 to 1/4 the value so they can make a profit..or you can list them for free (untill they sell) on us coin book, which charges 2 % once sold...
     
  16. frankjg

    frankjg Well-Known Member

    There is much more to coin collecting than errors. Think about the history that these coins have “lived” through and the hands that have held them over the years. That’s the part of collecting that gets me excited (which is also why I moved to ancient coins).

    best of luck.
     
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  17. Peter Economakis

    Peter Economakis Well-Known Member

    Being 21 and getting a few nice coins from Grandma is a perfect start to collecting.
    Doesn't get any better:)
     
  18. J.T. Parker

    J.T. Parker Well-Known Member

    Hi Cody,
    Please take clear close-up of the 1942 Mercury Dime as it maybe a really good one.
    Thanks,
    J.T.
     
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  19. Mountain Man

    Mountain Man Well-Known Member

    Out of curiosity, did your grandfather have any order or organization for the collection, or was it just a box full of coins? If he was a collector and had some idea of values, I would think he would have had them in albums
     
  20. juris klavins

    juris klavins Well-Known Member

    The 1942/1 is the money coin, worth about $500 - the 1942 plain date is a $2.00 coin ;)
    1942-42-over-41-mercury-dime.jpg
     
  21. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    No mistaking that one! I can spot a 42/41 even without my glasses on!
     
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