Coin Grading

Discussion in 'Coin Chat' started by Brittany Coe, Jul 27, 2018.

  1. Wingnut6999

    Wingnut6999 Currency loving custodian

    Not all the ones here have coins. But it's worth a look
     
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  3. Brittany Coe

    Brittany Coe Bstingbutterfly

    Aren't we sorta in a crash as we speak? The stock market has dropped like crazy over the last few days. That whole Facebook shenanigans has made it lose its value. The big wig investors are selling their FB stocks in a frenzy.
     
  4. littlehugger

    littlehugger Active Member

    Armageddon is biblical, and several of those ancient prophecies have come true. But many a crash has come and gone.
    Yeah, stock market volatility is a sign, in any crash. Although overall, it is far higher than two years ago.
    These things are predictable in a crisis. The cradle is rocking, harder and harder. Coins, by their nature, are tied into many aspects of our culture. So, you get a better glimpse than many.
     
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  5. Dimedude2

    Dimedude2 Member

    See if there is a coin show nearby. You will see more variety and learn and see coins that may catch your eye.
     
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  6. COCollector

    COCollector Well-Known Member

    Swap meets, yard sales, estate sales, old cars (look under the seats & carpet & in the trunk crevices), word of mouth, you-name-it.

    But how will you recognize a good find? Research!

    Of course there's no way to research & remember everything. So, narrow your focus... pick a few coins you like and become knowledgeable enough to spot something desirable.

    It's a fun hobby. Enjoy the hunt!
     
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  7. harley bissell

    harley bissell Well-Known Member

    the edge and coin should be a dull grey color. When they became popular coins were reprocessed to look bright. This was done rapidly in large quantities and frequently there is rust under the finish which can still be noticed. Few people
    like the finished cents and they have little value.
     
  8. Dimedude2

    Dimedude2 Member

    We are in a crash? 4.1% growth last quarter.
     
  9. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    If you are interested in collecting coins, there are three books that you should read. The first is Scott Travers' "Coin Collector's Survival Manual": https://www.amazon.com/Collectors-S...8-1&keywords=coin+collector's+survival+manual

    The second is the Red Book guide of US coins: https://www.amazon.com/2019-Officia..._rd_t=40701&psc=1&refRID=DJCKTZJ7QWFZ2WF4GJ3Y

    And the third is a book about how to grade coins. There are several available, but I'm partial to the one I wrote: https://www.amazon.com/Art-Science-...1-1&keywords=art+and+science+of+grading+coins

    Reading and learning about the hobby will help you build a solid collection, and these books should help you avoid some pitfalls along the way. Good luck!
     
  10. MacStexas

    MacStexas New Member

    Good information and worth reading for a Newby like me. Thanks.
     
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  11. Whodowl

    Whodowl Member

    And me.
     
  12. littlehugger

    littlehugger Active Member

    State coins are easy to find in higher grades, even in circulation.
    When I have time, I get rolls from the bank, and fill most the holes in my albums that way. Even if I have a date, I will stack all the coins of that date and cherry pick the best one, and put that one in the set.
    I also think its a good idea to pick out the best looking common pocket change coins and keep them.
    The coins you see going for breathtaking prices today, were face value pocket change yesterday.
     
  13. littlehugger

    littlehugger Active Member

    Another thing about state quarters, is they are new. Lots of them are available in circulation at face value, and even the low number issues are available and not shockingly expensive.
    Same with SBA's, ASE's, Prez dollars, etc.
    If you want to leave an inheritance, start cherry picking the best coins from bank rolls, and throw back a few thousand in that. Leave it to your grand kids, or their kids.
    They can make a living selling them to collectors of the future. Or selling them for their metal content when they start making coins from aluminum or plastic.
     
  14. littlehugger

    littlehugger Active Member

    I would love to collect a 1916 year set, including the gold coins. It was my dads birth year.
    Unfortunately, it would cost a lot, because of the gold, but also because it was a transition year for most of the denominations, so that doubles the number of coins.
    Splitting the mintages also lowers the numbers of each coin made.
    One of the many things I will do when I win the Lotto.
     
  15. JCro57

    JCro57 Making Errors Great Again

    Looks like someone cleaned it with a pencil eraser
     
  16. JCro57

    JCro57 Making Errors Great Again

    Modern coins (not bullion) since the mid-1980s are pretty much only worth more than face value if they are errors or for those of you who buy MS70 coins, which are all overpriced in my opinion.
     
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  17. STU

    STU Active Member

    read and research that's the key
     
  18. enamel7

    enamel7 Junior Member

    We aren't in a crash. The stock market goes up and down all of the time.
     
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