What are the cheapest coins (preferably silver) that I can buy? I have a budget of around $10-$15 per week. Coins I collect include U.S., Great Britain and Canada.
If you want to be able to make frequent purchases I would pick... Mercury Dimes- can get better condition coins and still stay under/at budget. Halves are great coins but you would be limited to lesser quality due to their value in silver content.
Yeah, with silver now over $21, I don't know if I'll be able to afford the halves. I have a few dimes already anyway... 1903 P Barber Dime 1914 P Barber Dime 1937 P Mercury Dime 1946 P Roosevelt Dime 1954 P Roosevelt Dime 1960 D Roosevelt Dime
Merc Dimes Graded MS 64 to 65. You could get one every week pretty much and not repeat dates/MM for over half a year. Yea...25 of those all pretty in their holders will be nice!!
I think the New Zeleand Silver Sixpence might do it. I don't know how much the British Silver Sixpence pieces cost though.
For Brit coins, sixpences would be like dimes - similar size, and you could get a reasonable graded collection a lot cheaper than, say halfcrowns (which are my favourite coin). Note that 1920-1946 silver UK coins are 50% silver, so they would be more affordable than US 90% silver. Shillings could be an option too. If you need more info on Brit coins, I'd be glad to help (my main collection is assembling a better-grade collection of C20th UK coins - have got many denominations back to 1910 in this condition). Cheers!
For values, see: http://www.coins-of-the-uk.co.uk/values/sixd.html Typically, 1937-46 are GBP5 in EF, GBP10 in Unc 1920-1936 tend to be GBP8 in EF, GBP20-30 in Unc, some dates more Note - this site is reasonably up to date, and prices are in GBP ... GBP1 = $1.60 approx right now. After a few months, you'd have a decent collection!
You might as well save up your funds to buy something bigger. That's what I do and I don't even have a constant inflow for my coin buying budget.
Here's an unpopular idea: get the Poorman's Spouses, the Bronze First Spouse Medals! Currently it would cost you only $22 a year.
I too believe the silver rosies would be a economical and fun colllection that you could fill up without any really high dollar keys to shut you down, the mercs I love but a couple of them get a little pricey to complete the set. why limit yourself to just one set at a time, work on a couple and watch for bargains on several sets at the same time,for instance if you are not finding any good bargains on merc's then go look through the rosie's for a bargain,still no good deals? save up a couple weeks allowance and buy that semi key when you find it for a bargain! you could find about any coin anywhere for a good start, check your coin book and forget about any sets that have key coins with huge pricetags and see what you have left and pick one or more to work on. there are many affordable options in lower grade sets and you can alway upgrade them later on when you have more assests available. with silver prices at the level they are now you might want to shy away as all the coins are going high just because of bullion price and also because of people hoarding silver anything right now.
I just scanned most the post but what about lincoln wheat cents? For the majority of the collection you can do with a small budget except for the big key dates.
i was thinking shillings too. same size as a quarter, similar silver value, but not near the demand. that equals lower prices!
Whenever I try to do that, the money gets spent on something other than coins. But it is a good idea. A few key coins would likely hold value or appreciate at a greater rate, then you could build around those ?