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<p>[QUOTE="digital_man, post: 1768734, member: 56735"]Hello from State College, PA!</p><p> </p><p>So many questions I don't even know where to start.</p><p> </p><p>I've been doing this for about a year now, buying coins here and there on ebay and local antique stores. I bought a metal detector to augment my hobby and it takes up quite a bit of my time, perhaps more than it should.</p><p> </p><p>So here are the questions I have:</p><p> </p><p>1. Back in the 1700-1800's, were gold coins commonly used as circulated coinage like we use quarters today, or were they used more among the well-to-do? I've been wondering this for a week now because it seems that people find silver coins with their metal detectors, but not so much gold. </p><p> </p><p>2. I buy coins as a long-term investment for my son. I try to focus on silver dimes because I can afford a few of them at a time, and they'll appreciate in value. Is this a good investment strategy, or should I be focusing my efforts on things like silver certificates, Morgan silver dollars, Walking Liberty half dollars, etc?</p><p> </p><p>3. I'm thinking of getting a $100 banknote every so often. I know that you can buy proof coins, but do bills and other paper money have a proof as well?</p><p> </p><p>Thanks for your input![/QUOTE]</p><p><br /></p>
[QUOTE="digital_man, post: 1768734, member: 56735"]Hello from State College, PA! So many questions I don't even know where to start. I've been doing this for about a year now, buying coins here and there on ebay and local antique stores. I bought a metal detector to augment my hobby and it takes up quite a bit of my time, perhaps more than it should. So here are the questions I have: 1. Back in the 1700-1800's, were gold coins commonly used as circulated coinage like we use quarters today, or were they used more among the well-to-do? I've been wondering this for a week now because it seems that people find silver coins with their metal detectors, but not so much gold. 2. I buy coins as a long-term investment for my son. I try to focus on silver dimes because I can afford a few of them at a time, and they'll appreciate in value. Is this a good investment strategy, or should I be focusing my efforts on things like silver certificates, Morgan silver dollars, Walking Liberty half dollars, etc? 3. I'm thinking of getting a $100 banknote every so often. I know that you can buy proof coins, but do bills and other paper money have a proof as well? Thanks for your input![/QUOTE]
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