ok... i got i plan now... i recalled back when i first started collecting cards... i started with commons and worked my way up.. obviously i went to high to far and made waay to many mistakes along the way... sad part is is that you guys warned me about reading books but i still went and bought coins.. quitting a job doesnt help either.... so heres my new plan: search rolls of half dollars.-they are silver and i only have to pay what they are worth this may sound a little weird but the coins that i first examined were pennys so i will do researchon that and find out where to start...dont like the wheaties though...there too plain for me... so i will take this hobby WAY slower and just learn from what ive done and listen to you guys... thank you for all your help and giving me advice on how to stay active for cheap....:bow: RANDOM THOUGHT: can i buy rolls of ASE's at the bank for face value?
The half dollar rolls you get at the bank will be 99%+ clad, not silver. If you are lucky you may find a few 40% silver Kennedy halves. If you are really lucky you may find an occasional silver half. No. Those ARE silver and you cannot buy them for $1. Nice try though.
How about trading some of your coins? No money involved. You get something new to look at and you get rid of stuff you no longer want.
Yeah what he said. I wouldn't mind trading an ASE for that Morgan you had up in the Open section. After all I do love those things and can't help myself when I come across one, lol. Oh and I'm glad to hear that you'll be sticking around.
Stainless, Glad to hear you're sticking around. Don't be in a hurry. I've been collecting for 35+ years and still really don't know what I collect. Heck, it took me 30 years to decide on and complete my first and only "set". You'll find another job, get away from "buying" coins at times (like I am now) but you can always keep learning. Comes in very handy when you CAN start buying again. When I started there was no internet and no one in my family collected. I had a few books, precious little money and a local dealer that cleaned coins and was more than happy to sell them to an unsuspecting little kid (me). Count your blessings. You can count your coins later. clembo
Nickel rolls are also a good way to search. i usually get 10 rolls from the bank each week, and i always find something from the 40's and 50's, quite a few silver war nickels, and about a half dozen 1939's. I haven't found anything really valuable yet, but it's fun, and the 95% of nickels I don't want get returned to the bank to fund the next week's search.
the latest plan is still going actually, gonna roll search i only asked the thing about ASE's because since they technically are only worth $1 (face value), I figured i'd just throw the ? out there....
Technically, that is completely wrong. A silver bullion coin is worth the value of the silver content, and maybe a small premium if it is from a reliable source because it doesn't have to be weighed or assayed. What is stamped on it is incidental to the value.
It depends on the area you live in. I tend to get at least one to three 40% silvers in about three rolls. I get a 90% in about every ten. There are a lot of old farmers around my area, that could be cashing in jars of change or something.
Glad to hear it man! :thumb: Just take it nice and easy, and slow. Coins will almost always be around, don't be in a rush to buy. Almost learned that one the hard way myself. Best of luck to you man! :thumb: Phoenix
i agree....be patient and gain knowledge.the more you learn, the more enjoyable this hobby is.i am in my 3rd yr of putting together a set of morgan dollars. i am up to 39, about 1/3 of the set. i can see it taking 10 more yrs to finish it. i have a friend who has been working on a set of kennedy halves strictly out of circulation. he has found silver, 40%, as well as uncirculated halves from the mid and late 70's. good luck and enjoy! .........steve
You may want to consider world coins. Many shops or shows sell them by the pound. Once you're able to hold hundreds of different coins in your hand for as little as $7-$8 and spend time sorting by country, denomination, mint mark and rarity, you'll have a much easier time understanding US coins and appreciating grade and quality. Just a suggestion.
Everything clembo said. I've been collecting coins for over 60 years now. I go to coin shows about 2 to 4 times a month. At each show I start at the first table and say WOW, I'm going to buy one of each of those. Then I say to myself, SELF, keep on moving. From table to table I think the same thing. If I was a multi millionair I buy the entire coin show. But then what? And what to collect? I've changed my ideas probably a thousand times as to what to buy, what to collect, where to go for coins, etc., etc., etc. I still don't know what I'm doing. And like clembo, when I started there was no one to ask, no books, no TV even, no internet, no albums, no coin clubs but we did have the Lone Ranger on the Radio.
I agree with coingal. This is a great way to spend some fun time, plus it leads into a geography and history lesson all in one.
Hey stainless - not sure if anyone else has recommended this, but lincoln memorial cents or state quarters folders should be easy to fill. I have been thinking about those myself - just to have something to do while I wait for the coins I really want to appear. You don't even have to do proofs, plus as you find duplicates you can upgrade. This will help you in the grading process. You can also - post coins here(even if modern) to get opinions on the grades. Just a thought and glad you are going to tough it out.
