i bought 7 plastic case (harris & co.) 5 hole for statehood quarter year set. the same case that the u.s. mint use except the harris's one can be open and close as you wish. so i change some quarter rolls from a bank. and start to do it by myself. first i have to choose a nice coin for each year that have been issued. and put it inside the plastic case. so i got seven case filled. from 1999 to 2005. then i do the next thing. i bought 20 roll of westward nickels dated 2004 to 2005. and i got also the clear round tube. since it is better to see those coins and prevent it from tone or dark. i transfered all 20 roll to those tubes. i have to wear hand gloves and carefully examine, take time to transfer it and safe keeping it. all in all. i spent almost four hours to do all that. wow, is that worth something?. i mean four hours, if i just do the overtime from my work. that's $120.00. and these things only cost $102.05. 7 plastic case cost $17.50. $8.75 for 35 statehood quarters at face value. $5.80 for 20 clear round tube. $70.00 for 20 roll of westward journey nickels. total $102.05. tell us how your experience too and way to minuimize time, effort and money.
Unfortunately numismatics is very time consuming and it can be quite expensive. The good news is that the more you do it the more adept you will become at it and your time and effort will decrease in relation to your productivity. My only advice is to work out a system that is intuitive and easy for you and then get good at it. And have fun!
do it by myself thanks for your advise. i am planning just to buy anything from the u.s. mint. anything that sealed with capsule, box and/or sleeves and certificate. i can hold it, see it, enjoy it, and keep it without worrying much.
try to do yes, i did have fun and time passed quick. but i hope i will not do it again. no wonder those old rare coins will charge a big premium. because they take care of those coins for so many years. and spent a lot of time, money and effort.
Hope it was all done for the fun of coin collecting and not for some possible future investment. This state quarter and new nickel stuff reminds me of the great Bi-Centenial coin craze of the middle 70's. Everyone I knew went nuts trying to collect all that were made. One friend saved thousands of dollars worth. Since there were so many made and so many people saved them in uncirc conditions, there present value is not much more than face value. That friend of mine tried to sell his massive amount at coin shows and hobby shops and ended up taking them to a bank where he could at least collect interest. Same with me. Coin collecting is a great hobby but all should remeber when the Mint makes hundreds of millions or billions of a coin and so many people have them in MS conditions, it will take hundreds of years to be worth anything. Maybe I'm wrong so I'll recheck this subject in a few hundred years to verify.
always drop some coins i try to hold a roll of nickels or a roll of quarters and organized it. i always dropped some coins to the floor. is there anyway to prevent it?.
Yep---be careful...don't hold them like you do....open the roll carefuly and put the coins on the table or soft cloth and then look at the coins one at a time... Speedy
A very astute observation. What will be valuable in the future is what is not collected today, which makes it hard for collectors to spot because it is, by definition, "off the radar."
more people need to be stupid with coins like they were 100 years ago!! then, maybe we numismatists can rake a huge premium off the top of our coin sales! :hail:
My "working" with coins isn't cost-effective or time-effective. I jusy enjoy doing it! Isn't that the idea behind coin collecting?
The time spent is supposed to be enjoyable. I didn't think hobbies were supposed to be cost-effective regarding the dollar value of the time spent on them. The next thing you know, people will start hiring people to work on their hobbies for them.
