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I found a 1947 Wheat Penny. Errors 1 (947) & Liberty. Whats my next step?
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<p>[QUOTE="PlanoSteve, post: 3240780, member: 91609"][USER=99482]@TF629[/USER], first, welcome to CT!</p><p><br /></p><p>This is a great site, not just for "aged" collectors, but also for newbies! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie85" alt=":smuggrin:" unselectable="on" unselectable="on" /></p><p><br /></p><p>Personally, I would call the coin you posted a "keeper" - at 71 yrs old with the battle scars it has, it could really tell some stories, even though it's only worth the cent that it is.</p><p><br /></p><p>First, I would advise that you collect what YOU like, what is attractive to YOU. As you will see as you peruse this site, we all have different preferences.</p><p><br /></p><p>Secondly, although one may profit from flipping coins, the reality is, you must become extremely knowledgeable in grading, & spend an enormous amount of time honing this craft.</p><p><br /></p><p>You might start by getting a "Red Book" - it can be a used copy, anything in the last 5 or 6 years should suffice. <b><i>Ignore the prices</i></b>, but this book will provide you with enormous amounts of information regarding mintages, varieties, etc. There are other books you can get regarding grading, etc. but the "Red Book" would be an excellent start. (..but do not, under any circumstances, by any book that suggests you can make money from pocket change!)</p><p><br /></p><p>If you can, visit a coin show - it will really get your juices flowing, & you will have an opportunity to see different grades & how grades matter. You can accumulate a lot of knowledge doing this & talking to dealers.</p><p><br /></p><p>You will find there are so many options to coin collecting, which makes it a fantastic hobby.</p><p><br /></p><p>Good luck in your endeavors! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie50" alt=":happy:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie50" alt=":happy:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie50" alt=":happy:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="PlanoSteve, post: 3240780, member: 91609"][USER=99482]@TF629[/USER], first, welcome to CT! This is a great site, not just for "aged" collectors, but also for newbies! :smuggrin: Personally, I would call the coin you posted a "keeper" - at 71 yrs old with the battle scars it has, it could really tell some stories, even though it's only worth the cent that it is. First, I would advise that you collect what YOU like, what is attractive to YOU. As you will see as you peruse this site, we all have different preferences. Secondly, although one may profit from flipping coins, the reality is, you must become extremely knowledgeable in grading, & spend an enormous amount of time honing this craft. You might start by getting a "Red Book" - it can be a used copy, anything in the last 5 or 6 years should suffice. [B][I]Ignore the prices[/I][/B], but this book will provide you with enormous amounts of information regarding mintages, varieties, etc. There are other books you can get regarding grading, etc. but the "Red Book" would be an excellent start. (..but do not, under any circumstances, by any book that suggests you can make money from pocket change!) If you can, visit a coin show - it will really get your juices flowing, & you will have an opportunity to see different grades & how grades matter. You can accumulate a lot of knowledge doing this & talking to dealers. You will find there are so many options to coin collecting, which makes it a fantastic hobby. Good luck in your endeavors! :happy::happy::happy:[/QUOTE]
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I found a 1947 Wheat Penny. Errors 1 (947) & Liberty. Whats my next step?
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