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<p>[QUOTE="Kevin Mader, post: 25335622, member: 106826"]Here’s my advice:</p><p><br /></p><p>As a kid, I would hoard LWCs and old Jefferson nickels. In retrospect, I’m glad I did. This is because that after a 3 decade break from collecting, I learned about variety and error coins. I knew these existed but only to the extent of the grand-daddies of varieties, like the 1955 and 1972 DDOs. But there are thousands of varieties across all denominations that may be of int to you. Because I had my hoards, I was able to search them, more than a dozen times, looking for new varieties I learned about. </p><p><br /></p><p>Since you are new to collecting, take it slow. Read tons about the denominations and series that interest you. Learn about them to determine what it is you would like to do. The point here is that if you are quick to search you hoard and cash it in, you might learn of something later and wished you had them back. All of us here have stories about coins that slipped through our fingers (e.g, something seemed odd about a coin but was cashed in to later find out it was a variety/error coin). Here’s an extreme example: it’s not uncommon to find foreign coinages mixed into rolls of coins. They look odd and often times you may not know what you have…or even care. I put them aside for a rainy day project to identify later. One of these was an actual gold Ducat. Sat in the foreign coin tin for months and casually stored. I could have tossed it back into circulation, but I hadn’t and was lucky as a result. </p><p><br /></p><p>At some point, the hoard will become unmanageable. By then, you will probably have the knowledge to know what to let go and what to keep. That’s off in the future, so for now, keep what you find and what interests/confuses you. Figure out what you have and enjoy the hobby. Good luck!![/QUOTE]</p><p><br /></p>
[QUOTE="Kevin Mader, post: 25335622, member: 106826"]Here’s my advice: As a kid, I would hoard LWCs and old Jefferson nickels. In retrospect, I’m glad I did. This is because that after a 3 decade break from collecting, I learned about variety and error coins. I knew these existed but only to the extent of the grand-daddies of varieties, like the 1955 and 1972 DDOs. But there are thousands of varieties across all denominations that may be of int to you. Because I had my hoards, I was able to search them, more than a dozen times, looking for new varieties I learned about. Since you are new to collecting, take it slow. Read tons about the denominations and series that interest you. Learn about them to determine what it is you would like to do. The point here is that if you are quick to search you hoard and cash it in, you might learn of something later and wished you had them back. All of us here have stories about coins that slipped through our fingers (e.g, something seemed odd about a coin but was cashed in to later find out it was a variety/error coin). Here’s an extreme example: it’s not uncommon to find foreign coinages mixed into rolls of coins. They look odd and often times you may not know what you have…or even care. I put them aside for a rainy day project to identify later. One of these was an actual gold Ducat. Sat in the foreign coin tin for months and casually stored. I could have tossed it back into circulation, but I hadn’t and was lucky as a result. At some point, the hoard will become unmanageable. By then, you will probably have the knowledge to know what to let go and what to keep. That’s off in the future, so for now, keep what you find and what interests/confuses you. Figure out what you have and enjoy the hobby. Good luck!![/QUOTE]
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