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<p>[QUOTE="Detecto92, post: 1569697, member: 75105"]When I 1st got into coin collecting I had a pretty nice collection. I had 5-6 grades Morgan dollars, 4 graded Franklin half dollars, quite a few raw seated, capped and barber coinage, old paper money, and over 1,000 wheat cents.</p><p><br /></p><p>At one time my collection probably came close to $1,000.</p><p><br /></p><p>Which I sadly had to sell to pay bills. </p><p><br /></p><p>I have slowly been getting back into collecting. For a while there I was buying a coin, admiring it for a few weeks, then selling it. I guess I was a "coin renter". Nothing wrong with that, I just didn't have a budget to keep a firm collection. It allowed me to enjoy many coins with a small budget.</p><p><br /></p><p>Then I re shifted my focus into album collecting. After doing it for a while, I soon realize album collecting was pretty boring, unless you do a type album. You open the binder, and see rows and rows of the same exact coin. Meh.</p><p><br /></p><p>Personally I'm more of a history collector. I like collecting coins that are over 100 years old. I'm not a big fan of moderns, but don't get me wrong, there are a few pieces I admire, including a few silver commemorative issues.</p><p><br /></p><p>I also like slabs. Some people don't but they provide an added benefit. Slabbed coins are more liquid, they protect the coin, and they assign it a grade that is usually spot on.</p><p><br /></p><p>But I try to never pay much extra for a slab unless its a necessity. I'm a firm believer of "buy the coin, not the slab".</p><p><br /></p><p>Now getting back to history collecting, slabbed is not always an option. This is true for lower grade coins. Anything old in a slab will command a premium, of at least $10 So for old, low grade coins, I stick to raw. </p><p><br /></p><p>Here is a neat little collection. It's a 1860 Indian Head Cent, the CN kind referred to as a "fattie", a 1877 seated dime from the Carson City mint, and a 1864 2 cent piece. </p><p><br /></p><p>Pardon the images, my camera does not handle the color brown well. The 2 cent and the Indian cent are a nice brown color.</p><p><br /></p><p><img src="http://i833.photobucket.com/albums/zz257/Phototaker_2010/105_2090-tile.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>I paid $12 including shipping for these 3 coins (they were individually listed).</p><p><br /></p><p>Although they are worn, they still carry quite a bit of history with them. The 2 cent piece and the Indian cent might of been carried by a soldier, in the pocket of a high-ranking government official, or in the pocket of my Great Great Grandfather. You just never know. </p><p><br /></p><p>You can squander your entire collecting budget on bullion, on modern coins, but for me, personally I like to collect OLD coins.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1569697, member: 75105"]When I 1st got into coin collecting I had a pretty nice collection. I had 5-6 grades Morgan dollars, 4 graded Franklin half dollars, quite a few raw seated, capped and barber coinage, old paper money, and over 1,000 wheat cents. At one time my collection probably came close to $1,000. Which I sadly had to sell to pay bills. I have slowly been getting back into collecting. For a while there I was buying a coin, admiring it for a few weeks, then selling it. I guess I was a "coin renter". Nothing wrong with that, I just didn't have a budget to keep a firm collection. It allowed me to enjoy many coins with a small budget. Then I re shifted my focus into album collecting. After doing it for a while, I soon realize album collecting was pretty boring, unless you do a type album. You open the binder, and see rows and rows of the same exact coin. Meh. Personally I'm more of a history collector. I like collecting coins that are over 100 years old. I'm not a big fan of moderns, but don't get me wrong, there are a few pieces I admire, including a few silver commemorative issues. I also like slabs. Some people don't but they provide an added benefit. Slabbed coins are more liquid, they protect the coin, and they assign it a grade that is usually spot on. But I try to never pay much extra for a slab unless its a necessity. I'm a firm believer of "buy the coin, not the slab". Now getting back to history collecting, slabbed is not always an option. This is true for lower grade coins. Anything old in a slab will command a premium, of at least $10 So for old, low grade coins, I stick to raw. Here is a neat little collection. It's a 1860 Indian Head Cent, the CN kind referred to as a "fattie", a 1877 seated dime from the Carson City mint, and a 1864 2 cent piece. Pardon the images, my camera does not handle the color brown well. The 2 cent and the Indian cent are a nice brown color. [IMG]http://i833.photobucket.com/albums/zz257/Phototaker_2010/105_2090-tile.jpg[/IMG] I paid $12 including shipping for these 3 coins (they were individually listed). Although they are worn, they still carry quite a bit of history with them. The 2 cent piece and the Indian cent might of been carried by a soldier, in the pocket of a high-ranking government official, or in the pocket of my Great Great Grandfather. You just never know. You can squander your entire collecting budget on bullion, on modern coins, but for me, personally I like to collect OLD coins.[/QUOTE]
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