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<p>[QUOTE="Detecto92, post: 1337124, member: 75105"]Well I would start with some old but inexpensive coins like Walking Liberty Half Dollars, and Indian Head pennies.</p><p><br /></p><p>You should buy a 2012 rebook and look through the prices.</p><p><br /></p><p>Although the red book is not a set in stone price guide, you can use to to gauge the proper value for a coin.</p><p><br /></p><p>The cardboard and mylar 2x2 holders are great for storing coins. If you find a coin with a value over $15, then you should purchase what is called a snap-lock holder, a holder called "air-tite" works well too. </p><p><br /></p><p>This method is more professional looking for displaying your better old coins.</p><p><br /></p><p>As far as a loupe (monocle), I have found it's best not to skim on quality.</p><p><br /></p><p>A good Bausch and Lomb loupe will only set you back $10 or so, and is a good made in USA piece.</p><p><br /></p><p>I would go a coin shop and look around and see if there is anything you like. Bring your red book with to gauge prices. </p><p><br /></p><p>When I 1st started out, I had no idea about prices, and if I did not have a book, I would not of known that the prices this one dealer had were astronomically high.</p><p><br /></p><p>If you tell a dealer that you are just starting out, they may give you a better price on coins, but it all depends on the dealer. </p><p><br /></p><p>Just like car dealers, some coin dealers are honest, and some are crooked, so if you know of any other coin collectors, ask them about the good dealers in your area. A Google search may hold reviews about dealers in your area as well.</p><p><br /></p><p>Don't let a dealer suck you into plastic crap. These are old, usually worn coins, that are placed in holders. While these coins might be good, the set usually has a high mark up.</p><p><br /></p><p>[ATTACH]153506.vB[/ATTACH] This is what "plastic crap" usually looks like.</p><p><br /></p><p>Note that many coins are also in these types of holders, but rectangular, and usually say "PCGS" , "NGC", "ANACS", etc.</p><p><br /></p><p>These are called "slabbed coins". They are coins sent into a professional grading service.</p><p><br /></p><p>If you want to buy a slabbed coin, stick to those 3 names, others are not always as accurate.</p><p><br /></p><p>Also note that your going to pay more for a slabbed coin than a regular coin not in a holder like that. Use proper sense to see if your overpaying for it. </p><p><br /></p><p>If you have any coin clubs in your area, it would be best to join them, you can share your numismatical experience with others. Sometimes clubs have auctions or things for sale, and you can usually pick stuff up for a good price.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1337124, member: 75105"]Well I would start with some old but inexpensive coins like Walking Liberty Half Dollars, and Indian Head pennies. You should buy a 2012 rebook and look through the prices. Although the red book is not a set in stone price guide, you can use to to gauge the proper value for a coin. The cardboard and mylar 2x2 holders are great for storing coins. If you find a coin with a value over $15, then you should purchase what is called a snap-lock holder, a holder called "air-tite" works well too. This method is more professional looking for displaying your better old coins. As far as a loupe (monocle), I have found it's best not to skim on quality. A good Bausch and Lomb loupe will only set you back $10 or so, and is a good made in USA piece. I would go a coin shop and look around and see if there is anything you like. Bring your red book with to gauge prices. When I 1st started out, I had no idea about prices, and if I did not have a book, I would not of known that the prices this one dealer had were astronomically high. If you tell a dealer that you are just starting out, they may give you a better price on coins, but it all depends on the dealer. Just like car dealers, some coin dealers are honest, and some are crooked, so if you know of any other coin collectors, ask them about the good dealers in your area. A Google search may hold reviews about dealers in your area as well. Don't let a dealer suck you into plastic crap. These are old, usually worn coins, that are placed in holders. While these coins might be good, the set usually has a high mark up. [ATTACH]153506.vB[/ATTACH] This is what "plastic crap" usually looks like. Note that many coins are also in these types of holders, but rectangular, and usually say "PCGS" , "NGC", "ANACS", etc. These are called "slabbed coins". They are coins sent into a professional grading service. If you want to buy a slabbed coin, stick to those 3 names, others are not always as accurate. Also note that your going to pay more for a slabbed coin than a regular coin not in a holder like that. Use proper sense to see if your overpaying for it. If you have any coin clubs in your area, it would be best to join them, you can share your numismatical experience with others. Sometimes clubs have auctions or things for sale, and you can usually pick stuff up for a good price.[/QUOTE]
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