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Changing Directions in Collecting and decimating my saved coins. Back to the wild with them!
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<p>[QUOTE="Kasia, post: 3152296, member: 31533"]I have very much enjoyed collecting modern coins from CRH or change and had amassed a few boxes full of somewhat 'quality' examples of each year or issue, or so I thought at the time - the colored denomination ones with coin tubes- and also a couple folders for collecting dates of each type, basically cents and nickels for the folders. Over time, I grew to love the Jeffies and Roosies, and kind of tolerate most of the Washington Quarters. I ended up upgrading my Jeffies (not the coins) to a vintage capital holder and will keep that until I find the last one or break down and purchase a low quality one. The goal was to find each one in change, but the key ones did not turn up.. At first, my idea was to try to find, in change or in CRH a couple or several really nice MS quality coins for each date of the other coins (cents, nickels, dimes, quarters). As I was socking them away I was also slowly learning to grade mint state coins and to look for errors. Recently I decided that for the most part these coins would never really be worth a thing in my lifetime and if I did nothing, once it came for my kids to have them, they would likely just coinstar them and lose out even on face value. No way any dealer would want to go thru them to check if anything might be high enough quality to have above face value. And that is the last thing I want for my time in this. I also moved and having a few heavy boxes of these was just cluttering things. So I took the plunge. Almost all of it had to go.</p><p><br /></p><p>Using my skills and knowledge (about coins in general and grading and desirability), I have gone through almost all the boxes and basically quickly graded and kept any moderns I thought would be good enough to get possibly a MS65-67 if they ever were at a TPG. The others I was ruthless with... in baggies to use at the grocery or whatever (paying for gas) or just trading in at a gas station or liquor store (those people love it when you come in with $$$ of loose quarters and readily buy it from their till money), since my new locale basically does not have free coinstars in the bank. In some ways I was surprised how good I thought some of those coins were when I first set them aside. Most were between MS60 and MS63 and some I originally had thought were uncirculated were actually AU. But I am very proud I took the time to start learning to grade modern coins in uncirculated grades, because these were not expensive to sock away and now, as I had planned years ago, they are now cash money to buy what I normally would with cash or good to get back into the bank. So now I only have a few. And as I hone my grading skills even more with the upper MS grades, most of the ones I did keep will probably turn out to be MS 64 and 65 and find there way into the wild in the next round. Anything junk silver is getting sold asap so I don't have to deal with those hanging around.</p><p><br /></p><p>But most of the coins are now in or targeted to get back in the wild. I have a small sandwich baggie of 40s and 50s that will possibly go there, too. And the boxes and tubes will possibly go to a YN or get sold at a garage sale.</p><p><br /></p><p>I also like ancients now and only have a small number of these. Mine are pretty much super inexpensive examples. I don't yet know if I will focus on anything in particular or just have the odd ones and learn about ones I get. If I get to a show a couple times a year I can peruse what the dealers have and maybe get a couple here and there.</p><p><br /></p><p>I have also decided to change directions in collecting for my US coins. I am doing a type collection (just started a 7070) but it will be a virtual one in that any coins in that one are to be housed in my sdb and except for the occasional visit, they will be enjoyed via photos. So I have to clear that sdb of ones I no longer want, like my small partially finished Frankie collection, and will sell those. Hate to have to rent another sdb for new coins.</p><p><br /></p><p>I am super excited about clearing out the stuff I had and really limiting what I keep. I doubt I will be doing much CRH anymore... the stuff weighs a lot and no dump bank with a machine really limits how I get it to the dump bank or use it. Just too much trouble for me now.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 3152296, member: 31533"]I have very much enjoyed collecting modern coins from CRH or change and had amassed a few boxes full of somewhat 'quality' examples of each year or issue, or so I thought at the time - the colored denomination ones with coin tubes- and also a couple folders for collecting dates of each type, basically cents and nickels for the folders. Over time, I grew to love the Jeffies and Roosies, and kind of tolerate most of the Washington Quarters. I ended up upgrading my Jeffies (not the coins) to a vintage capital holder and will keep that until I find the last one or break down and purchase a low quality one. The goal was to find each one in change, but the key ones did not turn up.. At first, my idea was to try to find, in change or in CRH a couple or several really nice MS quality coins for each date of the other coins (cents, nickels, dimes, quarters). As I was socking them away I was also slowly learning to grade mint state coins and to look for errors. Recently I decided that for the most part these coins would never really be worth a thing in my lifetime and if I did nothing, once it came for my kids to have them, they would likely just coinstar them and lose out even on face value. No way any dealer would want to go thru them to check if anything might be high enough quality to have above face value. And that is the last thing I want for my time in this. I also moved and having a few heavy boxes of these was just cluttering things. So I took the plunge. Almost all of it had to go. Using my skills and knowledge (about coins in general and grading and desirability), I have gone through almost all the boxes and basically quickly graded and kept any moderns I thought would be good enough to get possibly a MS65-67 if they ever were at a TPG. The others I was ruthless with... in baggies to use at the grocery or whatever (paying for gas) or just trading in at a gas station or liquor store (those people love it when you come in with $$$ of loose quarters and readily buy it from their till money), since my new locale basically does not have free coinstars in the bank. In some ways I was surprised how good I thought some of those coins were when I first set them aside. Most were between MS60 and MS63 and some I originally had thought were uncirculated were actually AU. But I am very proud I took the time to start learning to grade modern coins in uncirculated grades, because these were not expensive to sock away and now, as I had planned years ago, they are now cash money to buy what I normally would with cash or good to get back into the bank. So now I only have a few. And as I hone my grading skills even more with the upper MS grades, most of the ones I did keep will probably turn out to be MS 64 and 65 and find there way into the wild in the next round. Anything junk silver is getting sold asap so I don't have to deal with those hanging around. But most of the coins are now in or targeted to get back in the wild. I have a small sandwich baggie of 40s and 50s that will possibly go there, too. And the boxes and tubes will possibly go to a YN or get sold at a garage sale. I also like ancients now and only have a small number of these. Mine are pretty much super inexpensive examples. I don't yet know if I will focus on anything in particular or just have the odd ones and learn about ones I get. If I get to a show a couple times a year I can peruse what the dealers have and maybe get a couple here and there. I have also decided to change directions in collecting for my US coins. I am doing a type collection (just started a 7070) but it will be a virtual one in that any coins in that one are to be housed in my sdb and except for the occasional visit, they will be enjoyed via photos. So I have to clear that sdb of ones I no longer want, like my small partially finished Frankie collection, and will sell those. Hate to have to rent another sdb for new coins. I am super excited about clearing out the stuff I had and really limiting what I keep. I doubt I will be doing much CRH anymore... the stuff weighs a lot and no dump bank with a machine really limits how I get it to the dump bank or use it. Just too much trouble for me now.[/QUOTE]
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Changing Directions in Collecting and decimating my saved coins. Back to the wild with them!
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