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I’m hoping I did ok for my first purchase over $5!
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<p>[QUOTE="Steve Shupe, post: 7013778, member: 114551"]I think you did just okay on the purchase. The first note has wallet folds and it looks like a tipped corner (upper right). The second note appears to be in the best condition of all. The Mercury dime is common (I think the value is near melt at ~$2.) The Three cent nickel coin has the 2nd highest mintage and the corrosion/damage at the date and on the reverse limits the value and grade, but it does have details found in a higher grade. I think the retail value would be around $20-$25.</p><p>I would recommend that you figure out what you want to collect first. Then buy the book before the coin/ currency. If you are going to make a set, for example a type set, figure out the grade that you want to aim for. For example, you want a type set of US coins (One of each type). This can be an overall type set to start with and then a more detailed one with all sub-varieties later on. This is usually based on what you can afford. The book will help you decide this. You will find if you are picky with the condition of the coin (fully meets the grade goal you have, without problems) you will probably be happier in the long run and they will also tend to hold their value. Coins and Currency with problems, will always have problems and are always worth less than a coin that fully meets a grade, sometimes substantially less. If you don't already have one, buy Whitman's "The official Red Book, A guide book of United States Coins, by RS Yeoman. (About $18.00) Take your time on picking really nice coins (for the grade and you will be happier in the long run).[/QUOTE]</p><p><br /></p>
[QUOTE="Steve Shupe, post: 7013778, member: 114551"]I think you did just okay on the purchase. The first note has wallet folds and it looks like a tipped corner (upper right). The second note appears to be in the best condition of all. The Mercury dime is common (I think the value is near melt at ~$2.) The Three cent nickel coin has the 2nd highest mintage and the corrosion/damage at the date and on the reverse limits the value and grade, but it does have details found in a higher grade. I think the retail value would be around $20-$25. I would recommend that you figure out what you want to collect first. Then buy the book before the coin/ currency. If you are going to make a set, for example a type set, figure out the grade that you want to aim for. For example, you want a type set of US coins (One of each type). This can be an overall type set to start with and then a more detailed one with all sub-varieties later on. This is usually based on what you can afford. The book will help you decide this. You will find if you are picky with the condition of the coin (fully meets the grade goal you have, without problems) you will probably be happier in the long run and they will also tend to hold their value. Coins and Currency with problems, will always have problems and are always worth less than a coin that fully meets a grade, sometimes substantially less. If you don't already have one, buy Whitman's "The official Red Book, A guide book of United States Coins, by RS Yeoman. (About $18.00) Take your time on picking really nice coins (for the grade and you will be happier in the long run).[/QUOTE]
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I’m hoping I did ok for my first purchase over $5!
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