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Coin collectors' thread

Posted on 8/9/14 at 1:54 pm
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 8/9/14 at 1:54 pm
It's been awhile since we discussed coin collections, so here goes....

I only collect coins, I don't sell them. But I do give them as gifts occasionally.

I have about 400 coins in my collection, mostly coins minted in New Orleans, which I enjoy getting. However I also have some decent Roman coins and a few coins from Nazi Germany.

My best two coins are an 1846 "seated liberty" silver dollar minted in New Orleans which is in very good condition and an 1814 "Capped Bust" dime (no mint mark) also in good condition.

Let's hear about your coins.
Posted by Jim Rockford
Member since May 2011
98324 posts
Posted on 8/9/14 at 2:19 pm to
I collected coins as a kid, haven't even looked at it in years, they're probably worth quite a bit now.

My grandmother was a teacher, and used to take admission at the high school basketball games back in the day, when there were a few silver dollars still in circulation. Whenever she'd get one, she'd replace it with a paper dollar and save it for me, so I have quite a few of them, varying from pretty good condition to nearly worn flat.

I have a few proof sets, a few commemorative half dollars-including one from the 1884 World Cotton Exposition in NOLA. I bought several of the uncirculated Carson City silver dollars from the trove that was discovered in the seventies. All together, I probably have a couple hundred silver dollars that I bought or were given to me, mostly Morgan dollars. Also, nearly complete sets of dimes quarters, and halves, from the late 1800's to the 1950's, and a complete set, or close to it. of Indian head pennies.

My most valuable single item is a $5 gold piece from the late 19th century-don't remember which mint, but I think it's San Francisco. My oldest coin is a penny from around 1800.

Never got into foreign coins except the occasional one I found in change or someone gave me.

ETA: Also a complete set of proof Eisenhower silver dollars
This post was edited on 8/9/14 at 2:26 pm
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 8/9/14 at 2:51 pm to
quote:

My most valuable single item is a $5 gold piece from the late 19th century
That's one thing my collection lacks. I don't have any gold coins. I may need to work on that.

It sounds like you've got a nice collection.

From my days when I worked in Russia and a few of the former Soviet Republics just after the Soviet Union dissolved, I have quite a few USSR coins and bills. They are worthless except as collectors items, of course.
Posted by Jim Rockford
Member since May 2011
98324 posts
Posted on 8/9/14 at 3:12 pm to
I only have the one gold piece. Gold was expensive for a kid, even then

When my sister lived in Europe, she picked up a bunch of Russian medals, pins, and such at a flea market. I don't think it was military-looked like the sort of things they would give out to workers for achieving a goal or whatnot.
Posted by Wasp
Off Highland rd.
Member since Sep 2012
1485 posts
Posted on 8/9/14 at 5:50 pm to
I grew up collecting coins with my father. He would but new eagles from a magazine and I would collect the state coins. Soon we got into peace and morgans. Now we have about 60 silver dollars from various years and mints.

My father used to work downtown and had befriended a guy that emptied parking meters. Somehow, my dad would get to pick through the coins and grab silver coins. Mostly pre-65 quarters and mercury dimes.

Another story, my father(about 70) would cut his grandmothers yard as a boy. She would give him a silver dollar each time. When he had saved enough to buy a motorcycle, his mother exchanged them for cash. His mother died about 20 years ago and had a trunk with her keep sakes that was raided by the family. My grandfather died a couple years ago and my father always felt like she had held onto the coins but had not seen them since. My grandfather would mention "coins" that he had but not much else. While we were going through his stuff we found what amounted to a single handful of peace dollars.

Most valuable coin came from my grandfather, an 1892 $20 gold coin.
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 8/10/14 at 9:45 am to
quote:

an 1892 $20 gold coin.
Nice!
Posted by Wasp
Off Highland rd.
Member since Sep 2012
1485 posts
Posted on 8/10/14 at 12:56 pm to
We were very surprised to find it. Among his other coins were the already mentioned peace dollars, but also ziplocs of foreign coins from travels and then random pre-65 silver coins.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65873 posts
Posted on 8/11/14 at 6:32 am to
We've had coins in our family for a long time. My grandfather's collection ended up in a college museum (mostly). I have a few of his coins, several uncles have nice collections too. I concentrated on Walking Liberty Halves (1916-1945) and Standing Liberty Quarters (1916-1930). I've got complete collections on both of them, the only thing I'd contemplate is upgrading a few of those coins as to condition.

My sister married into a family which had ancestors in the Moonshine making and running trade. After the last of the old generation died, I was able to purchase about a thousand dollars (face value) worth of silver coins which had been put away sometime before the 1950s. The thought was it was shine money. There were no Silver Dollars in it, only halves, quarters and dimes. This was about 1990. It was really interesting as a snapshot of coin circulation in the 40s. Some really nice conditioned coins in it.
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 8/11/14 at 9:00 am to
Can I make an anti-coin collectors post in this thread? I liquidated a lifetime collection as part of an estate settlement and it was a gigantic pain in the arse. If you do collect significant coins, do your heirs a favor and document them. At least a friggin' inventory, for pete's sake. Or your children & their children may not think of your coins with any fondness at all.
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 8/11/14 at 9:10 am to


Good point!

I keep an Excel spreadsheet with all of my coin purchases including date of purchase and cost basis. I've shown my kids where to find the spreadsheet on my computer.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65050 posts
Posted on 8/11/14 at 10:05 am to
We should do a meet and bring your coins/currency deal. I have a frickload of stuff.
Posted by Zach
Gizmonic Institute
Member since May 2005
112601 posts
Posted on 8/11/14 at 10:42 am to
I've got a foreign coin question. The coin I use as a ball mark when I play golf is from Bahrain.
It's the size and color of our quarter. There is no denomination engraved on the coin. Odd since our number system is Arabic and it's an Arab country.

So, does anyone know the denomination of the coin?
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 8/11/14 at 10:51 am to
quote:

I've got a foreign coin question. The coin I use as a ball mark when I play golf is from Bahrain.
It's the size and color of our quarter. There is no denomination engraved on the coin. Odd since our number system is Arabic and it's an Arab country.

So, does anyone know the denomination of the coin?


Google image search is your friend: LINK
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 8/11/14 at 10:54 am to
25 fils
Posted by Broke
AKA Buttercup
Member since Sep 2006
65050 posts
Posted on 8/11/14 at 11:35 am to
So we can we get the crew together to flash our money and laugh about the poors?
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 8/11/14 at 12:08 pm to
Sure. But I do that everyday....

Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 8/11/14 at 12:19 pm to
When I was a lad, my grandfather who lived in Sweden used to give me old coins he had. I have a few dozen coins from Sweden and Great Britain, and a few other places, ranging from the early 1800s to early 1900s. They aren't in the best shape, and hence probably not worth much, but cool nonetheless.

My dad has a cool one from Russia. It's a teacup (made of silver?) with a coin on the bottom of it, dated 1742.

As far as American coins, just a few that I bought at Rich's coin and gun on Monterrey in Baton Rouge when I was ~10. Need to start collecting again but it's time consuming to go through change.
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 8/11/14 at 12:55 pm to
quote:

My dad has a cool one from Russia. It's a teacup (made of silver?) with a coin on the bottom of it, dated 1742.
Wow, interesting.
Posted by Zach
Gizmonic Institute
Member since May 2005
112601 posts
Posted on 8/11/14 at 1:14 pm to
This is it.



So, what is the relative value in US currency?

Edit...It's got a palm tree on the other side.
This post was edited on 8/11/14 at 1:15 pm
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 8/11/14 at 1:19 pm to
One Bahraini dinar = $2.65. There are 1,000 fils in a dinar. So 1/10 of a Bahraini dinar = $.265.
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