HELP!! looking for new collection

As long as everyone is throwing out every series I'll join in.

Circ Peace dollars, should be able to build a near complete set in xf/au for your price range.

Pro-
·most should be no premium over spot
·abundant selection avail
·if silver goes up your value goes up (maybe make some $)

Cons
·time to sell tied to melt value except for keys

Silver Roosie dimes, Unless top pops low value but once series ends values should rise nicely, should be able to cherry pick high grade pieces from dealer stock

 

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These variety sets don't interest me any more I am sorry to say. This is why I moved on to proof sets and U.S. type coins for the diversity, but I can still appreciate some variety sets like SLQs, Ike $, and Abraham Lincoln cents.

 

This is incorrect, by the way. There were no clad proofs for 71 or 72, no silver proofs for 77 and 78, for example. Not trying to be a jerk, just don't want folks to be led astray.

See below for the full set:
http://www.pcgs.com/setregistry/setcomposition.aspx?c=3312

 

No problem at all. Thanks for the correction

 

Mint State Washington Quarters are very inexpensive except the 32D & 32S and a few high grade D & S Quarters minted in the thirties. Also Jefferson nickles are very reasonable. If you collect coins to make huge profits look elsewhere!

 

We have a new and young collector here with a very limited budget, so do you really think recommending, with an eye towards profit, mostly dirt common coins where knowledge is the key to potential, a wise idea? Even spending only $20 max per coin, the young man needs to learn first and not concern himself with profit potential or debatable down-the-road resale values. For these reasons alone state quarters would make for a fine introduction into the hobby.

In direct response to your reasons against collecting them...

1) So what if prices are not going to go up? The same can be said for most everything else suggested as well, and the fact that they were saved in such numbers could very well be beneficial to him. As I'm sure you know, tastes change, so there's no reason for him to belly-flop into the pool when he would be wise to get just his feet wet. The tiny premium gen unc state quarters may bring, in the long run will be nothing compared to what they can teach him. Mistakes and/or upgrades will also cost next to nothing.

2) Condition varies from trashed pocket junk to gem (even if heavily worn circulated examples are not likely to be found) and is all the more reason to seriously consider them. In reality, coins that can be found in circulation offer a fine opportunity for one to learn about grading, quality, and eye-appeal on the cheap and easy.

3) I've no doubt you mean well, but as mentioned above, pressing someone in this young man's situation to focus on resale value is a mistake. This isn't to say he shouldn't buy wisely, but he should buy the coin for what it is, and because he likes it, and not because of some dream of a future windfall. One of the best bits of advice that can be given to new collectors is to expect to lose money on their collections, and for very good reason; most do. If, after he's learned and become more seasoned/advanced, he wants to turn an eye to coins offering potential, that's great, but at least he can then do so with the experience and knowledge necessary to give himself the best chance at succeeding.

 

Agreed. Also, If he wants to spend a little more, he can buy the silver proofs too and get the other mintmarks from circulation. In this case I agree that profit is fairly irrelevant.

 

I think putting together a collection of state quarters would be great...if the OP was 5.

I agree with the other posters that SQ would be great as a fun, no thought toward future value, easy and cheap to obtain starting point.

However, if the OP was trying to get into collecting coins, or expand their collection and knowledge about the hobby, wouldn't you try to suggest a series that might involve a bit more effort (both in terms of learning and experience?) That's why I would personally recommend against SQ - because, IMO, they are all going to be generally the same condition, they are all going to be generally the same price, for the most part they will all be easily obtainable. To me, SQ are a cookie-cutter collection (and were designed as such.)

Any of the other suggestions would involve a bit more effort, and IMO, a bit more reward for the OP when completed. And the OP would likely learn a lot more about the hobby itself. Of course, we could have a separate discussion on whether people actually want to do that these days...lol

Now, all this is moot unless we consider the time, energy, and money the OP plans to invest in their collection. Since the OP mentioned that they wanted a collection consisting of coins "around $20, excluding key dates" and "not too expensive, but not too cheap," I might pose the thought that SQ would be towards the "too cheap" end of the spectrum.

I know there are fans of SQ. That's great. To each their own. I might even eventually put together a set for fun. But I still would recommend any of the other sets mentioned here before SQ.

I might also point out that the OP hasn't participated in the discussion since the opening question...so I wonder if they are even still keeping an eye on this thread?

 

I double the franklin half or walker short set! I really think franklins are under-rated and unappreciated. I know there are a few of us on this forum that collect franklins, but they have not got the snowball effect as lincoln cents. They are readily available in nice condition and are right around the price you are looking for. On the other hand, you could put together a set of Walking Liberty half dollars from the years 1941-1947 (what we refer to as a Walker Short Set). I think the design on the walker half dollar is one of the best and most iconic of coinage. The short set years fall into your price range and you can get some really nice looking coins!

 

Liberty nickels

 

I want to ask a couple of questions.
1) you mention you have done some collecting, what have you collected so far?
2) do you want to collect from coins still circulating. and look for them in circulation? or coins no longer in circulation?
3) are you happy with middle grade coins or do you prefer to get fewer coin with higher quality?
This would help us recommend something to you

 

I have all sorts of collections. Merc dimes Barber dimes rosie dimes. i have a complete wheat set. working on Indian set and large cents. 1793-1857. I have nickles 1883-today. Kennedy halfs. some benjis not much more before that. a few Morgan dollars, peaces, 2 cent pieces, half cents, half dimes. ect Not to many Full Sets. but a lot of variety i just started to get to the point where all the ones i need will cost me all my paychecks for 6-10+ weeks. so i was looking for some that are not top cheap but will keep me interested. thanks! -Richard

 

I do have some v nickles but they just dont do it for me! i think they are cool but just don't tickle my fancy!

 

I see what you are saying and i respect it. But i am not a new collector i do have a decent size collection and you have a lot of good points! I agree i should not look at profit necessarily. but i do look at it in a way, but i also look more at what i think is interesting and what i like! i do appreciate you looking after new collectors though!

 

Im not A big fan of nickels. thanks though!

 

I already have both! besides the 16d and a few others i cant think off top my head! thanks!

 

AND! by the way i just realized i posted this in coin roll hunting .-. sorry!!

 

Hello i'm a 17 yr old united states coin collector. I also have a few foreign coins too. I'm looking for a new collection to start (United States coin.) That is not too expensive but is not also cheap. Around 20$ a coin excluding key dates.I am not looking for state quarters. And i do not have much of an interest in nickles either! Any other suggestions would be great thanks!

-Thanks! Richard

 

Indian head cents

 

I actually have a good portion of Roosevelt dimes up to 1964 complete mostly from circulation. One of the early dates I found in the coin star reject bin.