"The Newbie Has a Question" thread

I'm creating this thread so my newbish or one-and-done questions may be asked and hopefully answered. I'm humbled by the knowledge on this board, so much so that I'm afraid to clog up the forums with my trifle questions. Perhaps this will become a good thread where newbies neurotic like me may post questions and the pros may stand at the mountain top and hurl down their lightning bolt answers in rapid fire succession.

And if it doesn't work out, the thread will die and few will know it existed.

Question 1: My four year old just pulled my 2012 ASE out of the plastic sleeve I bought it in, essentially making it his pocket piece. I'd like to buy some ASEs from the US Mint, specifically the PF released in January and the May/June release (whatever that may be). Will these, or do these, come in capsules that are nestled in the holders, or just holders?

 

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All of the Proof ASE's that ship from the mints come in a plastic capsule that is in a velvet box that is inside a cardboard box.

 

Thanks.

 

Yeah. The little guy's gonna have his work cut out for him if he wants to bust into one of those.......

 

Yeah. Doug warned me every coin I care about should be stored in plastic. I'm okay with this though, not only because it's just bullion, but because I was beginning to kill the fun of collecting for him. Too many coins are in 2x2s. He needed something to hold. My next purchase is going to be a pound of ancients through amazon.com. I bet he'll have a lot of fun rummaging through those.

 

Another thing you may want to consider is circulater 90% "junk" silver. I know a lot of sellers that do mixed date Walkers & Franklins & over time you could make a nice circ set or date set even for him to be able to handle.

 

Slight addition to this reply:

ALL ASE's, Proof or Uncirculated (commonly referred to as burnished), come from the US Mint in plastic capsules that are in velvet boxes. Just different types of boxes.

I've never heard of a Silver Eagle coming in a plastic sleeve from the US Mint.

 

The gist I got was that the OP bought a roll of ASE's in the plastic encumbrance........

 

I love this place. I never know what needs to be specified.

Back in November, I bought a 2012 ASE from a dealer for $32.50. He put it in a plastic sleeve and that's where it's been since. I'd take it off the shelf/out of the box from time to time to take a look at it, but always in the plastic, and more recently my son has as well. Last night he decided to play with it. I was almost upset but Medoraman made a great point in another thread about parents killing the joy of collecting for their kids, which I realized I was doing. I do, however, want a few untouched ASEs.

My reading comprehension levels have dwindled since I've become a parent. I knew the coins at the mint came in velvet boxes, but I wasn't sure if they were also in plastic capsules.

And great recommendation about the 90% silver. I need to contact a coin shop to get some circulated quarters needed to fill out an album I have. While I'm at it I'll ask for some Mercury dimes, Walkers, & Franklins.

 

"I need to contact a coin shop to get some circulated quarters needed to fill out an album I have. While I'm at it I'll ask for some Mercury dimes, Walkers, & Franklins."

I love the nonchalantness of this statement ...lol. Realize that silver dimes will cost you $2.25 each, silver quarters $5.65 each silver halves $11.30 each (current melt value) ..to pick up "some" of each, you must have very deep pockets.

 

Not always. A couple of mine came unassembled. Actually ended up returning one or two of them for new coins. In general you are correct - I know one gold eagle I got was damaged and returned, so was a silver eagle.

 

From his description, I'm assuming it was a single ASE in a flip.

 

Ah Ha! I knew you were a closet 'modern' guy Mark! :devil:

That's never happened with me and ASE's. I always have to employ that sharp pen knife or exacto to split the seam.

 

Yes, but I sold all my moderns a few years back(of course a year or so before the big jump). Does not mean I do not like them. I had a lot of mint release items - 1/10 platinum, 1/10, 1/4 oz gold, all the commemorative issues. I let most of them go to the local shop and then the rest thru 900fine. There was one year or two years, where they had issues with that problem. Nothing worse than opening the silver eagle holder and seeing it sitting on top half the airtite.

 

Yeah, there's definitely a large gray area between my goals and reality. I'd like to get the reverse proof ASE and the West Point 2-pack, and that's probably all I can do hobby wise for the next six months.

 

I'm going to my first coin show! It's in Nashua, NH, it's on a whim and I'm bringing my four year old.

What's the possibility of a $20 bag of world coins my kid can play with? Do dealers sell stuff like that at shows?

The only other thing I think I'll be on the lookout for will be the Lincoln commemorative and a set of 2009 Lincoln pennies -- preferably not together because I'd rather pay $60 for the commem than $180 for the set. It's all about the coin, right?

 

Another question: it's probably safe to assume most dealers don't deal with credit cards?

 

You should be able to pick up the 'foreigns' at a decent price for the youngster. I've seen 'em at like 10 for a buck. Sometimes a little more. Good luck on the Lincoln hunt......

 

Right. Bring cash.

 

question: it's okay to walk from a coin, right? After going through a great deal of tables, I found someone selling a 2009 Lincoln commemorative . The price was great at $45 but there were white spots all over the obverse. I asked if they were milk spots, the dealer said it was just dust and could be removed, but it just didn't feel right so I passed on it. I'm not being too stingy, am I? I just don't think I could look at the coin and think it was a good buy.​