| You should collect what you like and
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| | the years, mints, and varieties available
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| enjoy. This is Your Dream. Design it any
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| | from pocket change and bank rolls - both
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| way you want.
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| | being local in nature. Even if starting
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| Never-the-less, . . . decide on Foreign
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| | with these means of collecting, always
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| coins or US Coins; and Proof or Mint
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| | keep an open mind about other resources.
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| State. If US, then decide upon a
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| | So, a little future insight helps to
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| Denomination: penny, nickel, dime,
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| | decide that better resources will yield
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| quarter, half dollar, dollar or other.
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| | better coin collections. Most collections
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| Or, decide upon a particular Period in
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| | will span a greater range of years, than
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| History, e.g.: Morgan Dollars (Lady
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| | either pocket change or bank rolls can
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| Liberty, Following Civil War), Peace
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| | possibly produce. It is therefore
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| Dollars (Following WWI), War Time Cents
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| | imperative to investigate other
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| (Steel and Shell Casing - WWII), War Time
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| | resources.
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| Nickels (Silver - WWII), Silver quarters
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| | Your Budget will usually determine the
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| and dimes - pre 1965; Statehood Quarters;
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| | Grade of coin that you can afford to
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| 20th Century; 19th Century.
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| | collect. MS63-MS65 is an Ideal range for
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| Or decide upon an Historical Figure;
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| | collecting, not only because of the
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| Kennedy Half Dollars (Following his
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| | excellent condition and detail of the
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| death), Lincoln Cents; Washington
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| | coins, greater availability, lower costs,
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| Quarters; Franklin Half Dollars;
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| | and because coins in this range tend to
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| Eisenhower Dollars, Susan B Anthony
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| | Appreciate faster than other Grades.
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| Dollars, Roosevelt Dimes; Sacagawea
| |
| | There item is very simple, and it has to
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| Dollars. You can also choose Type Sets,
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| | do with the quality of the coin - or how
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| Year Sets, Mint Sets, Proof Sets and
| |
| | much you want to Spend per Coin - for an
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| Decades.
| |
| | average coin, for an exceptional coin, or
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| The Next Step is to decide upon the
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| | a perfect coin. Your budget will usually
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| Quality of coin you want to collect. Your
| |
| | determine this factor, or, how much per
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| choices are: a) pocket change; b) bank
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| | month you can spend (per month?) for your
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| rolls; c) US mint and proof rolls and
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| | new Investment. Never doubt that Coin
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| sets (new and used); d) Buy from Coin
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| | Collecting is an Investment. Although it
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| Shows and Clubs; e) Buy on the Internet;
| |
| | is easy to overlook the amount of time
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| f) Buy from coin dealer; g) Buy from coin
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| | spent on this Endeavor because two of the
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| magazine or ad. Each has their benefits
| |
| | main ingredients are Pleasure and
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| and advantages. Pocket Change and Bank
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| | Enjoyment. Confucius Say:
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| Rolls provide Circulated coins. The US
| |
| | "If you enjoy what you are doing, you
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| Mint provides Uncirculated "Mint State"
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| | will never work another day in your
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| and "Proof" coins.
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| | life."
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| The Internet provides the Greatest
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| | Think of it as a Fund. You are trading
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| Selection from private Web Sites, e.g.:
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| | Money for . . . Money that Grows and
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| to the big Auctions like eBay, Yahoo,
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| | Gives Pleasure! Properly attended, this
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| Heritage and TeleTrade. And With the
| |
| | Fund can quite possibly put someone
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| advent of (free) it becomes very quick
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| | through college.
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| and easy to pay for purchases over the
| |
| | Lastly, decide whether to collect all of
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| Internet and by Phone.
| |
| | the coins in your Group - including
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| The one thing that is important in all of
| |
| | varieties and errors - or just the
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| the above choices is the Grade of the
| |
| | Regular Issue Coins. Errors and Varieties
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| Coin, which is closely related to Value
| |
| | can become extremely expensive and
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| (a topic for another article). But which
| |
| | difficult to find. Most people will avoid
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| leads to the next choice: Buy Slabbed or
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| | them.
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| Raw? Raw coins are what you find in
| |
| | This Concept of "Trading Money for Money"
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| pocket change. Slabbed coins are those
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| | is critically important because most
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| that are Professionally Certified and
| |
| | people shy away from spending a little
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| Graded by an Independent Third Party. The
| |
| | more, just to get the best. And I am
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| coin is then placed in a "slab", made of
| |
| | talking about the best in quality of
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| plastic, identified, labeled and sealed.
| |
| | coin, no matter what the Grade or Price.
|
| It actually takes 3 Professionals to
| |
| | In other words, get a Coin with the Grade
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| decide upon the Grade of a Coin. If
| |
| | it is Supposed to Have. This is the Only
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| Buying Raw Coins, You need to Know How to
| |
| | way to be sure of the Value of the Coin.
|
| Grade a Coin. Even then, there will be
| |
| | Spend your Money Wisely. Get what you pay
|
| Disputes about the Grade. When Buying a
| |
| | for. Until you become a Professional at
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| Slabbed coin, You Know the Grade. The
| |
| | Grading, rely on the Professional
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| Grade Becomes Virtually Undisputable! All
| |
| | Graders. Whether you choose to collect
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| references to Price in any resource are
| |
| | Kennedy Proof Half Dollars, or Jefferson
|
| Based on Grading, which follows the
| |
| | Nickels from pocket change, thanks to the
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| Guidelines set by the ANA - American
| |
| | Internet, you will find a huge selection
|
| Numismatic Association. Currently, there
| |
| | available, on many different web sites,
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| are only Four Companies that are
| |
| | to give your Coin Collecting efforts a
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| Recognized for Strictly following these
| |
| | boost. Internet Web Sites will Forever
|
| Guidelines: PCGS, NGC, ICG and ANACS. It
| |
| | Change Coin Collecting! Why? Because Top
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| is from these Professionals that one
| |
| | Quality Coins can be easily Bought and
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| should buy slabbed coins. Buying Slabbed
| |
| | Sold by any body - since they are
|
| Coins is the First Rule of Serious Coin
| |
| | Slabbed!
|
| Collecting.
| |
| | Always Know Your Grade!
|
| Obviously, one will be very limited in
| |
| |
|
