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<p>[QUOTE="bmac_228, post: 507378, member: 16995"]I've been "collecting" coins for an entire month, and I have to be honest I'm already overwhelmed! Collecting something is nothing new for me, I've collected baseball cards for 25 years and have a pretty nice collection, if I say so myself, starting with 1909 T206 cards through the present, with a majority between 1952 and 1975. I remember thinking 99 cents was outrageous for a pack of 1989 Upper Deck cards and these days guys shell out $200 bucks plus for certain packs. I was around when PSA broke into the hobby and began grading cards and watching those graded cards skyrocket as people digged deeper into their wallets. It's a viscious hobby, so just after this past Christmas I was watching our babysitter sort through a stack of coins in those white cardboard 2 x 2 holders and had an idea that maybe coin collecting would be a little more relaxing, not that I'm going to sell of my card collection anytime soon, but maybe a change of pace would be nice.</p><p> </p><p>A month ago I made my first purchase, a "complete" set of Lincoln Memorials in BU condition, not even sure I knew what that meant, from 1959 to 2008. I thought for 20 bucks this was the hobby for me! While the coins really were in very nice condition, I soon realized it wasn't a "complete" set, no proofs from '75 on and no small date/large date variations, etc. This rocked my world, I've collected baseball cards for 25 years, I know what a complete set is! So I began looking around online and found out what I could about the Lincoln Memorial pennies, enough to know I will NEVER have a COMPLETE set of them. I finally made it to a local coin shop and nosed around at something better than plastic tubes to keep my new collection in and decided on a Dansco Lincoln Memorial w/ Proofs album for 35 bucks, I was told Dansco is THE best in the business. As I'm transferring my coins, I realize Dansco doesnt' include every coin for each year, so now my analaties kick in and I'm freaking out about how best to store my precious Lincolns. I decide that I will keep the Dansco album and whatever coins I need for the set that I dont have room for, I'll buy them graded. So then I had to research who I thought would be better, NGC or PCGS, they both claim to be the best so I have no idea.</p><p> </p><p>Right in the middle of my Lincoln dilemma I decide I want to put together the presidential $1 coin set, since its only 2 years in the making. So I buy all the uncirculated coins at the local coin shop, jump on Ebay and buy both Satin finish sets, and find the proof sets as well, so now I have all the presidential coins! NOT, now I find out that there are 2 positions for each coin plus a handful of varieties, and while I'm on PCGS.com I discover not only can I do a complete set for those, there's also a First Strike set that you can put together. FANTASTIC, just what someone like me needs to know.</p><p> </p><p>After reading around a little bit just last night I'm not certain anymore that the Dansco albums are a good choice for long term storage and I can't get enough info on whats better, the cardboard 2 x 2's with mylar or coin flips that do not contain pvc or plasticizers, or whatever. Now I have all these coins and I cant sleep at night for fear they are gonna tarnish and rot away right before my very eyes and I'll be out what money I've spent so far.</p><p> </p><p>So basically in a month's time I've realize with the coin hobby, you're more than likely never going to put together a complete set of anything, and whatever you decide to store them in will eventually ruin them so they are worthless anyway.</p><p> </p><p>I'm not a drinker... but I'm close![/QUOTE]</p><p><br /></p>
[QUOTE="bmac_228, post: 507378, member: 16995"]I've been "collecting" coins for an entire month, and I have to be honest I'm already overwhelmed! Collecting something is nothing new for me, I've collected baseball cards for 25 years and have a pretty nice collection, if I say so myself, starting with 1909 T206 cards through the present, with a majority between 1952 and 1975. I remember thinking 99 cents was outrageous for a pack of 1989 Upper Deck cards and these days guys shell out $200 bucks plus for certain packs. I was around when PSA broke into the hobby and began grading cards and watching those graded cards skyrocket as people digged deeper into their wallets. It's a viscious hobby, so just after this past Christmas I was watching our babysitter sort through a stack of coins in those white cardboard 2 x 2 holders and had an idea that maybe coin collecting would be a little more relaxing, not that I'm going to sell of my card collection anytime soon, but maybe a change of pace would be nice. A month ago I made my first purchase, a "complete" set of Lincoln Memorials in BU condition, not even sure I knew what that meant, from 1959 to 2008. I thought for 20 bucks this was the hobby for me! While the coins really were in very nice condition, I soon realized it wasn't a "complete" set, no proofs from '75 on and no small date/large date variations, etc. This rocked my world, I've collected baseball cards for 25 years, I know what a complete set is! So I began looking around online and found out what I could about the Lincoln Memorial pennies, enough to know I will NEVER have a COMPLETE set of them. I finally made it to a local coin shop and nosed around at something better than plastic tubes to keep my new collection in and decided on a Dansco Lincoln Memorial w/ Proofs album for 35 bucks, I was told Dansco is THE best in the business. As I'm transferring my coins, I realize Dansco doesnt' include every coin for each year, so now my analaties kick in and I'm freaking out about how best to store my precious Lincolns. I decide that I will keep the Dansco album and whatever coins I need for the set that I dont have room for, I'll buy them graded. So then I had to research who I thought would be better, NGC or PCGS, they both claim to be the best so I have no idea. Right in the middle of my Lincoln dilemma I decide I want to put together the presidential $1 coin set, since its only 2 years in the making. So I buy all the uncirculated coins at the local coin shop, jump on Ebay and buy both Satin finish sets, and find the proof sets as well, so now I have all the presidential coins! NOT, now I find out that there are 2 positions for each coin plus a handful of varieties, and while I'm on PCGS.com I discover not only can I do a complete set for those, there's also a First Strike set that you can put together. FANTASTIC, just what someone like me needs to know. After reading around a little bit just last night I'm not certain anymore that the Dansco albums are a good choice for long term storage and I can't get enough info on whats better, the cardboard 2 x 2's with mylar or coin flips that do not contain pvc or plasticizers, or whatever. Now I have all these coins and I cant sleep at night for fear they are gonna tarnish and rot away right before my very eyes and I'll be out what money I've spent so far. So basically in a month's time I've realize with the coin hobby, you're more than likely never going to put together a complete set of anything, and whatever you decide to store them in will eventually ruin them so they are worthless anyway. I'm not a drinker... but I'm close![/QUOTE]
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