Looking for direction

That is a lovely Type 1. I too welcome you to a wonderful hobby that has held my interest for fifty years...... Just a thought. Get to know a local coin dealer. Make it a point to stop in regularly and really get to know him. You will learn a lot with all of his inventory on hand to view. But he can also guide you toward narrowing your interests. I believe a relationship with a local dealer is one of our best tools while growing as a collector.

 

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Thanks for the input. I really do need to get to a local coin shop.

 

Get to some smaller local coin shows once they re-open. Then try a larger, regional show (not sure where you live). Eventually, you'll want to goto a national show (I went to FUN for the 1st time last year and LOVED it).

 

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Hi Scott,sorry I missed your request until now.
That's a very nice specimen and affordable to your price range,
You can always trade up at a later date if the opportunity come up.
I do understand the money issue as I myself have been in both high cotton,and a poor crop!
Sometimes we must accept what is real and make good choices.
Please know my door is open to help you in this hobby in any way I can, I am human a d subject to error however willing to dig and research the corrert answer.
Please be advised I am not an expert, nor are some others who post here.
Make good choices no matter whom gives you advice.
I like your passion for this hobby....there are alot of good people here, who know what they post to be correct.
As I posted there are several dealers on here that with researching the threads you will find good feedback from the membership here.
Please understand if a member doesnt like a specimen you post it isnt a personal put down just an observation of what they see.
Welcome aboard its nice to have a member who willing to learn and explore this hobby. Regards Paddy

 

It's a nice example, but I'm not a big fan of the reverse stain.

I'm pretty sure that if you're patient you can get a nicer example for the price, or an equally nice example for a bit less. On the other hand, patience is boring.

 

Stay focused on what interest you and expand as you go. If you do not have one already purchase the Red Book it will help you a lot. Welcome to CT, good luck.

 

First, WELCOME to CT, @Scott J !

I really began serious collecting about 3 decades ago. I had just dabbled prior to that. I started by buying coins from the best coin shop in my hometown, and my focus was this: If I liked it, I bought it, budget in mind of course. Over time, that "method" of collecting led to my working on 5 different sets at a time. I guess I'm still buying what I really like, whether it is US, British, Canadian, Conder Tokens, ancients, or just beautifully toned coins (when I can afford them!). I'll conclude by saying "Collect What You Like" for whatever reason you like them. Enjoy!

 

I have been a collector for over 60 years. At first, I didn’t care for certified coins, but now it’s about all I buy for U.S. coins. I still prefer raw coins for most of my British and ancient Roman pieces.

If you are going to buy most anything that is expensive (over a few hundred dollars), certified is the only way to go for U.S. coins. The trouble with a lot of raw coins is that they have problems or are over graded and overpriced. With Chinese counterfeits abounding, that makes it hard for everything because the Chinese are counterfeiting it all, cheap and expensive.

When I see an expensive U.S. coin offered, and alarm bell goes off in my head. “Why is this coin raw?” Quite often there is a reason, and that reason is seldom to your advantage.

If you are going to buy circulated raw coins, you will really have to sharpen your grading skills. You need to know how to grade when you are buying certified coins because many of them are optimistically graded. When you are buying raw, the need to know how to grade coins and spot problems becomes doubly important.

 

Thanks everyone, I really appreciate all of the wisdom!!

 

Welcome to CT @Scott J. Unless you are a fully tenured professor, or head of a big university, I would suspect your expendable money is small, so I would recommend looking at the prices in the series of coins that interests you. Having collected, off and on, most of my life, when my interest was renewed, I chose Buffalo nickels as even the more expensive ones were within my reach and satisfy my needs quite well. Good luck in your adventure.

 

nice coin Paddy

 

Thank you

 

hey Scott J you have a great collection already started. i am partial to the Walkers. but as a collector i want them ALL!! but im like you in saying my funds are limited so i go to as many yard sales, estate sales and flea markets that i can and they all have produced good XF, VF, and MS coins in the past. you mentioned Walkers and SLQ's a couple of times in you post so maybe thats where you should go. hey you can always change. good luck man......

 

I think you're on the right track. Pick a few types you like and stick to those to avoid ending up with a big pile of random coins (like probably most of us have). However, if you're interested in different types, maybe you should consider picking up a Dansco 7070 album and work towards completing it. The Dansco 7070 album is a type set album, so you'd end up with one of every type of coin (except gold).

 

hello, and greetings, pm me , i have a list of trusted vendors that i use to buy at auction or buy it now on ebay, also usa coin book, trusted site and lots of vendors there as well
loe to help fellow collectorer...i spend a lot with these guys and recommend them, so for the list of 30 or so reputable ebay guys hit me up, john

 

You guys gave me a lot to think about and I really like the 7070 type set idea. I'm going to set out to buy one nice example of each, along side one of year Morgan and adding in other interesting year coins when I see them. Not necessarily key dates, but rather things like the bicentennial quarter which I remember liking as a kid, 1900 b/c turn of the century, numbers that just look cool like 1919 etc.
By the way, I bought that 1917 type 1 and a couple barging coins. I'll try to post a quick pic.
Thanks again for all the food for thought.