thinking of making my first coin purchase

You need the ANA grading guild.

Ruben

 

Log in or Sign up to hide this ad.

We posted at almost the same time ! LOL

"Grading US Coins" by Jim Halperin.

 

Thanks! I'm going to look into that one and the one that Ruben recommended as well. I do think a book on grading would be a great thing for me right now!

 

I really like the ANA grading guide a lot. And for paper currency (small size), my favorite is by Schwartz & Lindquist.

These:
http://www.amazon.com/Official-Amer...d_bbs_1?ie=UTF8&s=books&qid=1238984725&sr=8-1

http://www.amazon.com/Standard-Guid...=sr_1_1?ie=UTF8&s=books&qid=1238984770&sr=1-1

 

Good recommendations. At KD if you ever decide on what type of coins I am sure we could recommend something specific. I also really like my ANA grading guide. The first two books I bought were ANA grading guide and a red book.

 

Kaidylied - Get what you enjoy. Your enthusiasm for coins and collecting can teach many of the old timers here a few things that they forgot about collecting when they were 12..

Ruben

 

hugh? Is that meant for me? I'm confused.

 

Yes - KD-lied... like the Cricket...eh maybe I'm listening to too much Steeley Dan this weekend..

Ruben

 

Awe you have a pet name for me! I feel special now! LOL

 

Oh I also have The Official Red Book A Guide book of Lincoln Cents I forgot that one.

 

You shuld see what I've called Paulie(gh)...

Ruben

 

So, I haven't seen you post about what coins you like or maybe what your leaning twords if you were to buy a coin. What piece suits your fancy ? A big hefty Silver Dollar or a fishscale 3 cent trime ?

 

On the contrary your are quite normal. Most of us started this way. I've still got everything that I pulled out of circulation back in the sixties.....

 

When you have time, visit a local or closest coin dearler/shop. Ask them some questions. They are a great source of info.

 

What about your friends? Does anyone of them collect or have any coins you could look at?

 

Nope not a one. My dad does but I don't have a relationship with him really. He did come over a couple months ago and we talked some but we haven't spoke since. I need to call him.

 

Another option to consider would be a good, large combination safe and a place to hide it, if you're seriously considering buying some stuff.

This accomplishes many things. If it's hidden well, chances are it will still be there if you get robbed. If it is found but cannot be removed easily or carried easily, it will still be there. Unless they know you're going to be gone for an extended period, most thieves want to smash, grab and go. This is an extreme scenario.

It would seem that the majority of the time, people need to worry about their own family members 'helping themselves' to valuables. Which, if it's locked up and only you know the combo, no worries again.

Bear in mind, short of burying a vault in the wilderness, there's no way to guarantee the prevention of theft at home. You could skip it and pay for a SD box at the bank. Which is also a good option. When/if the time comes.

You can also buy a large pack of rechargeable silica gel to throw in a safe to keep the humidity extremely low. Easier to control the environment in the closed space which will better protect what you have.

The main thing is, you don't want to buy 20,50, 100, or 1000+ dollar coins and stick them in a shoe box under the bed or hide them in a drawer or anywhere that's easily accessible. You don't want them stored in any small box that can be picked up and walked away with by anyone.

Something to consider right now, rather than once you've built a collection up. Maybe you've already taken care of that aspect.

 

Hey folks! I'm getting lost, which, what is the easiest way to post new threads? Thanks a bunch.

 

Pick a forum. Green "New Thread" button, middle, left side of the screen.

 

Thanks so much Vess