So do did i do?

Discussion in 'US Coins Forum' started by Severedman, Sep 4, 2019.

  1. Severedman

    Severedman New Member

    Went to a local coin shop for the first time. Nothing special but I spent $20 total.. how did i do?[​IMG] [​IMG]
    -jeffB, Shrews1994, Trish and 4 others like this.
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  3. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Well, they all appear to be authentic except for the 1943 Lincoln which looks like it was processed to look copper. It has a super fake processed look. It's bad.

    The others look like low grade, but genuine examples. For $20, you about struck even.
    Paul M. likes this.
  4. Severedman

    Severedman New Member

    from everything i've read they are a very reputable place but if its fake it only cost me 30 cents.
  5. Collecting Nut

    Collecting Nut Borderline Hoarder

    I'd say you did alright. The 1943 has been reprocessed or replated. I can buy those for $.17 each. Any higher and you would have over paid.
    LA_Geezer likes this.
  6. Southernman189

    Southernman189 Well-Known Member

    Looks to me you had a great time. That in itself is worth the $20.00 and won't give you a heart attack like fast food. lol
  7. Severedman

    Severedman New Member

    Agreed! Best part is later at work I got a $20 tip from a customer lmao!
  8. TheFinn

    TheFinn Well-Known Member

    Looks like you have a good start on a 20th Century type set.
  9. Treashunt

    Treashunt The Other Frank

    ya done good, especially for your first time
    Stevearino, LA_Geezer and ldhair like this.
  10. ldhair

    ldhair Clean Supporter

    Nice group of coins. Not bad for 20 bucks.
    LA_Geezer likes this.
  11. Hookman

    Hookman Well-Known Member

    Good deal for the money.
  12. LA_Geezer

    LA_Geezer Well-Known Member

  13. Mountain Man

    Mountain Man Well-Known Member

    I like the fact that all have a readable date. I think you did nicely and now have a nice sampling of older US coins.
    SmokinJoe and I_like_Morgans like this.
  14. ernie11

    ernie11 Member

    Also depends on the mint marks on the reverse of these coins, especially the Barber half, quarter and dime.
  15. Paul M.

    Paul M. Well-Known Member

    Well, you got $15 in silver there at current spot prices, so I think you're pretty close to break even, especially if the weird color on the cent is some lighting or white balance issue.
  16. Skyman

    Skyman Well-Known Member

    First off, Welcome to the Boards!!!

    You did just fine.

    Let me ask you a simple question... Did you have fun?

    If you had fun, then the whole rest of your question is moot, at least for $20. MOST coin collectors are going to lose money on collecting coins. Yes, some will make some money on some coins, and some will even make money on almost all of their coins, but MOST collectors will lose money on most of their coins.

    Look on coin collecting as a hobby, and enjoy it as such. Only use disposable income. Assuming you use those two rules of thumb, then you will enjoy yourself, and at the end of the day, you'll have something to look at whenever you feel like it, and you'll even have something of value to sell if that becomes necessary.

    Given that you've just joined the boards, and I'm guessing you've just started collecting, there's one other point I'd like to make (which has NOTHING to do with your above purchase, which is a nice little intro group)... realize that you're going to make some buying mistakes... sometimes because you don't realize what you're buying has issues, sometimes because the dealer you're buying from is a scumsucker.

    Purchasing mistakes are so common for Newbies that it even has a phrase in the hobby, "Paying your tuition". All of us that have collected for any length of time have made purchasing mistakes, it's just part of the game. Learn from them and move on.

    It's a GREAT hobby, and there are a lot of really nice people involved in it. Remember the above two rules of thumb, and, most importantly, HAVE FUN!!!
    WashQuartJesse and Hookman like this.
  17. Severedman

    Severedman New Member

    I thought of this lol, the half is an SanFran and the quarter is a New Orleans

    Thanks for your post! Defiantly new to the hobby and looking at it as such. Not so worried about making money, but of course that'd be nice lol. Really I got into it because of my love of history, especially American History. Fully aware I'll make mistakes, but looking at these old coins and thinking about the history behind them is the point for me. Part of that too is posting here, showing my findings and sharing with the community. Happy Hunting!
    WashQuartJesse, Hookman and Skyman like this.
  18. WashQuartJesse

    WashQuartJesse Member Supporter

    Welcome aboard. Hope you take Sky's advice and stick with this. Most people here want to help out, so ask questions. I do and I did.
    Severedman and Hookman like this.
  19. ernie11

    ernie11 Member

    My goof, I didn't see your photo of the reverse sides, thanks.
  20. Shrews1994

    Shrews1994 Collecting is my passion.

    Very very good. I say you did good on your first buy. Welcome to coin talk. Very fun here.
  21. micbraun

    micbraun coindiccted

    Not a bad start. Next time consider buying one coin worth $20 instead of a set of coins.
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