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<p>[QUOTE="Detecto92, post: 1537492, member: 75105"]Okay, so here's the deal.</p><p><br /></p><p>On October 7th, I'm setting up at a "coin and collectible" show in my local town. There is (supposedly) going to be a bunch of people there.</p><p><br /></p><p>Although I'm sure the majority will be coin collectors, I would like to make a "flyer" for non-collectors or "newbies". </p><p><br /></p><p>Since newbies can sometimes be ripped off, mislead, or make a mistake, this sheet will help them a lot.</p><p><br /></p><p>With your help, I want to make what I would like to call a "starter sheet". A page packed with info for a person who:</p><p><br /></p><p>1. Has never collected coins or..</p><p>2. Had coins passed on to them, and does not know what to do with them or....</p><p>3. Just started collecting and needs help.</p><p><br /></p><p>Now, I'm going to be sure to include "Do NOT clean coins" in big bold letters. Of course all of us know about proper conservation, but I don't want to assume any liability for advice on such.</p><p><br /></p><p>This flyer will be a regular, single-sided piece of paper. I am going to try and make this one giant nougat of info.</p><p><br /></p><p>Here is some information I am going to put on it. By the way, please feel free to correct, criticize or add anything you think may be important. </p><p>------------------------------------------------------------------------------------------------------------------------------------------------</p><p><br /></p><p>Is your coin silver? All dimes, quarters, half dollars, and dollar coins made before 1964 are 90% Silver. Half dollars made from 1965-70 are 40% and nickels made from 1942-1945 (except 1942-D) are 35% silver. </p><p><br /></p><p>If you want to check the value of a silver coin, at anytime, visit <a href="http://www.coinflation.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinflation.com" rel="nofollow">www.coinflation.com</a> and click on "Silver Coin Values".</p><p><br /></p><p>Don't accept any less! Do not take any coins to any "fly-by-night" operation. Do not take coins to any place that just rolled into town with a big sign saying "cash for your gold and silver coins", these places are out to scam you, and pay a tiny fraction of actual value. </p><p><br /></p><p>For 90% Silver coins, don't accept <b>anything </b>less than 75% of the value posted on the above website, there ARE places that will pay more.</p><p><br /></p><p>Sometimes coins can be worth more than "melt price". It all depends on condition, the mint mark, and the year. </p><p><br /></p><p>For starters, pickup a book called the "Red book to United States Coins". Get a year 2012 or newer. While the prices in this book <b>may not always be accurate</b>, it can be a helpful resource to show which coins are worth much more than others.</p><p><br /></p><p>Certain coins can be worth <b>much more</b> than others, thousands of dollars more. While the chance of finding such a coin is low, this book will help you prevent from taking an expensive coin to a place that offers you "melt" for it. </p><p><br /></p><p><b>Do not, ever, under any circumstance clean a coin.</b> Do not use a cloth on it, don't rinse it under running water, don't do <b>ANYTHING</b> to it, as it may damage the coin and ruin it's worth. Always hold a coin by it's edge, because oils and dirt from your fingers can damage the coin.</p><p><br /></p><p>Before storing coins, check their value. Wheat pennies of low value (pretty much any wheat cent 1935 and newer) can be store in rolls, available at the Antique Mall. Low value silver coins can also be store in rolls as well. Rolls are handy for storing coins, and prevents them from dinging up other coins when they are stored loose.</p><p><br /></p><p>For any coin worth more than "melt" it is best to store in a holder by itself. The 2x2 cardboard holders at the antique mall work well for this. Always put at least 3 staples in a holder, and use a pair of pliers to crimp them flat, it prevents the staples from scratching other coins.</p><p><br /></p><p>Store coins in a low humidity environment. A safe works best, but a small Sentry safe (Wal-Mart and Menards sell these) can get the job done to make a good place to store coins in, and prevent them from getting fire damaged. Get a water proof and fire resistant safe if you can afford one. Be sure to include a packet of silica gel (can be ordered online cheaply). </p><p>-----------------------------------------------------------------------------------------------------------------------------</p><p><br /></p><p>So far I think that is pretty good. Should I even mention grading? </p><p><br /></p><p>Should I put a section on good places to buy coins?</p><p><br /></p><p>Mods, is it okay if I mention this site for "if you need any more help".[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1537492, member: 75105"]Okay, so here's the deal. On October 7th, I'm setting up at a "coin and collectible" show in my local town. There is (supposedly) going to be a bunch of people there. Although I'm sure the majority will be coin collectors, I would like to make a "flyer" for non-collectors or "newbies". Since newbies can sometimes be ripped off, mislead, or make a mistake, this sheet will help them a lot. With your help, I want to make what I would like to call a "starter sheet". A page packed with info for a person who: 1. Has never collected coins or.. 2. Had coins passed on to them, and does not know what to do with them or.... 3. Just started collecting and needs help. Now, I'm going to be sure to include "Do NOT clean coins" in big bold letters. Of course all of us know about proper conservation, but I don't want to assume any liability for advice on such. This flyer will be a regular, single-sided piece of paper. I am going to try and make this one giant nougat of info. Here is some information I am going to put on it. By the way, please feel free to correct, criticize or add anything you think may be important. ------------------------------------------------------------------------------------------------------------------------------------------------ Is your coin silver? All dimes, quarters, half dollars, and dollar coins made before 1964 are 90% Silver. Half dollars made from 1965-70 are 40% and nickels made from 1942-1945 (except 1942-D) are 35% silver. If you want to check the value of a silver coin, at anytime, visit [URL="http://www.coinflation.com"]www.coinflation.com[/URL] and click on "Silver Coin Values". Don't accept any less! Do not take any coins to any "fly-by-night" operation. Do not take coins to any place that just rolled into town with a big sign saying "cash for your gold and silver coins", these places are out to scam you, and pay a tiny fraction of actual value. For 90% Silver coins, don't accept [B]anything [/B]less than 75% of the value posted on the above website, there ARE places that will pay more. Sometimes coins can be worth more than "melt price". It all depends on condition, the mint mark, and the year. For starters, pickup a book called the "Red book to United States Coins". Get a year 2012 or newer. While the prices in this book [B]may not always be accurate[/B], it can be a helpful resource to show which coins are worth much more than others. Certain coins can be worth [B]much more[/B] than others, thousands of dollars more. While the chance of finding such a coin is low, this book will help you prevent from taking an expensive coin to a place that offers you "melt" for it. [B]Do not, ever, under any circumstance clean a coin.[/B] Do not use a cloth on it, don't rinse it under running water, don't do [B]ANYTHING[/B] to it, as it may damage the coin and ruin it's worth. Always hold a coin by it's edge, because oils and dirt from your fingers can damage the coin. Before storing coins, check their value. Wheat pennies of low value (pretty much any wheat cent 1935 and newer) can be store in rolls, available at the Antique Mall. Low value silver coins can also be store in rolls as well. Rolls are handy for storing coins, and prevents them from dinging up other coins when they are stored loose. For any coin worth more than "melt" it is best to store in a holder by itself. The 2x2 cardboard holders at the antique mall work well for this. Always put at least 3 staples in a holder, and use a pair of pliers to crimp them flat, it prevents the staples from scratching other coins. Store coins in a low humidity environment. A safe works best, but a small Sentry safe (Wal-Mart and Menards sell these) can get the job done to make a good place to store coins in, and prevent them from getting fire damaged. Get a water proof and fire resistant safe if you can afford one. Be sure to include a packet of silica gel (can be ordered online cheaply). ----------------------------------------------------------------------------------------------------------------------------- So far I think that is pretty good. Should I even mention grading? Should I put a section on good places to buy coins? Mods, is it okay if I mention this site for "if you need any more help".[/QUOTE]
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