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<p>[QUOTE="Mojavedave, post: 1371643, member: 5270"]When I was young and a working man of a force of about three thousand, we were a pretty close group of 25 in our specialized functions. In the late fifties, this group decided to start ordering U.S. mint proof sets. At this same time we would also order $ 50.00 bags of penny’s from the bank. This was a great pass-time to go through the penny’s looking for what we needed and also finding the many single error cents issued in those days, including blank planchets.</p><p>I think the gold standard was valued at $ 32.00 an ounce at this time and one worker was encouraged to buy one gold coin a month. When I left the group this man had hundreds of dollars invested and a value of thousands in gold coins and ready to retire at a young age. However, I heard later that his son had taken the coins and sold them for a song. The man was so divested that he committed suicide. What a terrible price to pay for such an enjoyable hobby. I used to smoke cigars that came in glass tubes and I would fill these tubes with mercury dimes. One coin I remember buying from a co-worker a VF 1921-D Walking Liberty for $ 25.00 which was about a quarter of my weekly paycheck at that time. I continued my collecting and bought some nice collections with type coins in the 1970’s. In the 1980’s our house was broken into and it scared me into selling my complete collection for $ 800.00 which included a one pound silver ingot which was worth about $ 80.00 at that time. I put the money in a zippered bible and my daughter than at age 16, left it at the church never to be found again. From 1985 through 2001 I gave all my new collectible coins to my son-in law to add to his collection. I retired in 1991 and held onto miscellaneous and various coins until 2001 when I became a serious and avid coin collector again. At this stage today I need to pay a premium for all my old and new coins compared to just picking them up in circulation in the old days although the idea is the same, collect what you can get at the least affordable cost and enjoy what you have with an eye out for the unattainable. I am soon to be 75 so this will be my last hooray for a hobby I have enjoyed for the past 54 years.[/QUOTE]</p><p><br /></p>
[QUOTE="Mojavedave, post: 1371643, member: 5270"]When I was young and a working man of a force of about three thousand, we were a pretty close group of 25 in our specialized functions. In the late fifties, this group decided to start ordering U.S. mint proof sets. At this same time we would also order $ 50.00 bags of penny’s from the bank. This was a great pass-time to go through the penny’s looking for what we needed and also finding the many single error cents issued in those days, including blank planchets. I think the gold standard was valued at $ 32.00 an ounce at this time and one worker was encouraged to buy one gold coin a month. When I left the group this man had hundreds of dollars invested and a value of thousands in gold coins and ready to retire at a young age. However, I heard later that his son had taken the coins and sold them for a song. The man was so divested that he committed suicide. What a terrible price to pay for such an enjoyable hobby. I used to smoke cigars that came in glass tubes and I would fill these tubes with mercury dimes. One coin I remember buying from a co-worker a VF 1921-D Walking Liberty for $ 25.00 which was about a quarter of my weekly paycheck at that time. I continued my collecting and bought some nice collections with type coins in the 1970’s. In the 1980’s our house was broken into and it scared me into selling my complete collection for $ 800.00 which included a one pound silver ingot which was worth about $ 80.00 at that time. I put the money in a zippered bible and my daughter than at age 16, left it at the church never to be found again. From 1985 through 2001 I gave all my new collectible coins to my son-in law to add to his collection. I retired in 1991 and held onto miscellaneous and various coins until 2001 when I became a serious and avid coin collector again. At this stage today I need to pay a premium for all my old and new coins compared to just picking them up in circulation in the old days although the idea is the same, collect what you can get at the least affordable cost and enjoy what you have with an eye out for the unattainable. I am soon to be 75 so this will be my last hooray for a hobby I have enjoyed for the past 54 years.[/QUOTE]
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