coins

coins

PostBy: ken On: Mon Jun 23, 2008 12:36 pm

hi , any of you guys collect coins? i started about 6 months or so ago. i collect indian head pennies and wheat pennies. i'm cheap , plus thats all i can afford. :D i enjoy going through old rolls of wheaties. i have some i would like to clean up some , but not to the point you can tell they were cleaned. anybody have some tips?
ken
 
Stove/Furnace Make: Keystoker - Rice Coal
Stove/Furnace Model: 75K - Bay Window - Direct Vent

Re: coins

PostBy: mozz On: Mon Jun 23, 2008 12:47 pm

First tip is don't clean them at all. Not even soaking in jewerly cleaner. If anything, soak them in plain water and soap, no scrubbing. If you look hard enough, you can find rolls of wheatbacks for $4 or so a roll. Get a good loupe or lens to view them, 8-10 power is fine. I picked up a stereo microscope at a yard sale for cheap. They also make a kids toy QX-3 microscope that hooks up USB. I used to go to the bank every payday and get a few rolls of pennies when i cashed my check. There are some dates that are collectible that are not wheatbacks. 1998 and 2000 come to mind, you have to know what to look for though. :roll: Roll them back up and turn them in after you have gone through them. Also get a roll or 2 of half dollars if they have them, 1964-1970 were 40% silver, i have found franklins rolled up and even older in there.
mozz
 
Stoker Coal Boiler: Axeman Anderson 1982 AA-130 Steam

Re: coins

PostBy: BugsyR On: Mon Jun 23, 2008 1:46 pm

A coin collecting friend of mine introduced me to this following link. He's an experienced collector/ebay dealer specializing in specific coins.
http://www.pcgs.com
BugsyR
 
Stove/Furnace Make: Keystoker
Stove/Furnace Model: 90K


Re: coins

PostBy: Freddy On: Mon Jun 23, 2008 2:35 pm

Mozz gave good advice, don't clean them at all, it just devalues them.

Radio Shack sells a 50 power microscope for $10. An 8 power loop and that little micro scope & you'll be seeing things up close & personal. Just this week I found a wheat penny in my change! I've found three in the last few months and I'll bet it's been 5 years since that has happened.
Freddy
 
Stoker Coal Boiler: Axeman Anderson 130 (pea)
Hot Air Coal Stoker Stove: Reading piece o' junk in the barn (rice)
Coal Size/Type: Pea size, Superior, deep mined

Re: coins

PostBy: mozz On: Mon Jun 23, 2008 3:06 pm

Here's one more tip, every penny made before 1982 has more copper. Start saving them all before 1982. But on the other hand, i have piles of 1976 bicentennial quarters and halves, they are now worth about........face value.
mozz
 
Stoker Coal Boiler: Axeman Anderson 1982 AA-130 Steam

Re: coins

PostBy: ken On: Tue Jun 24, 2008 1:29 am

thanks guys. best leave them alone. i ordered the red book on coins. the year ago one was real cheap. :D that should have tons of info in it.
ken
 
Stove/Furnace Make: Keystoker - Rice Coal
Stove/Furnace Model: 75K - Bay Window - Direct Vent

Re: coins

PostBy: Wood'nCoal On: Tue Jun 24, 2008 7:45 am

You can make big money buying and selling stamps and coins on eBay, but you really have to know what you're doing. I have a lifelong friend who really knows his stuff about this, he makes his living buying and selling.
Wood'nCoal
 
Stoker Coal Boiler: 1959 EFM 350
Hand Fed Coal Stove: Harman Magnafire Mark I
Coal Size/Type: Rice and Chestnut
Other Heating: Fisher Fireplace Insert

Re: coins

PostBy: stoker-man On: Tue Jun 24, 2008 11:11 am

Why are 1998 and 2000 valuable ?
stoker-man
 
Hand Fed Coal Boiler: 1981 efm wcb-24 in use 365 days a year
Coal Size/Type: Anthracite/Chestnut
Other Heating: Hearthstone wood stove

Re: coins

PostBy: mozz On: Tue Jun 24, 2008 8:30 pm

There was a type 1 and type 2 of both years. Little bit rusty on the specs but i think they used to go for $35 each. Found this on google

"A rather new addition to the 'RedBook' are 1998, 1999, and 2000 'WIDE AM' Lincoln cents (all from Philadelphia mint - no mintmark). Also referred to as 'Type 2' reverses, these varieties were made with reverse dies intended for PROOF cents. They are easily identified by a space between the A and M of AMERICA. The space is wide enough so it can even be seen without magnification! On normal coins of these dates, the A and M are nearly touching. All 3 can be found in pocket change and bring a substantial premium over face value. $10 - $40 for the 1998 and 2000, and $100 - $300 for the 1999"
mozz
 
Stoker Coal Boiler: Axeman Anderson 1982 AA-130 Steam

Re: coins

PostBy: ken On: Tue Jun 24, 2008 10:40 pm

thats cool , i'll go through my memorials. :D i thought all proof sets were made at San Fransico.?????
ken
 
Stove/Furnace Make: Keystoker - Rice Coal
Stove/Furnace Model: 75K - Bay Window - Direct Vent