Tips from MT Coin Collectors

I am certainly not against using ebay, but I want to make sure I take care of what I have before I start coin trading on ebay.

I've only researched U.S. coins so far. My collection is primarily American with a small sack of foreign change. I know little to nothing about foreign change and I am not trying to learn much about it for the meantime. I don't have a limit on size of my collection at the moment until space becomes a premium. Right now I am collecting coins based off of google information.

I sort pennies based on before 1982, wheat pennies, steel wheat pennies, and specific year dates for minting defects.

Nickels I have been keeping if they are before the 60s, and i have a couple of buffalo nickels.

All dimes, quarter, and half dollars I keep before 1965 for silver content. I have some bicentennial quarters and half dollars as well that I preserve. And any old coin I like to hold onto simply for its age. I have a 1922 Peace dollar that is pretty neat although it doesn't have a great value.

Simply put, I have been inspired by my dad, since he started collecting coins as a kid. My grandfather would give him some money from each pay check to get a coin roll from the bank and develop a collection from. His is very elaborate and organized for old coins

That is one thing I was looking at this morning was storage vehicles. I can certainly talk to the tellers at least at my bank, but I know they do not keep rolls of half dollars which is of particular interest of mine.

Also any information on $1 coins? Would I be wasting my time coin roll hunting $1 coins? I am having a hard time with finding many discussions regarding them

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Also any information on $1 coins? Would I be wasting my time coin roll hunting $1 coins? I am having a hard time with finding many discussions regarding them

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I don't hunt at all. I either come across coins or I buy them.

And you need to make some type of financial incentive for those tellers to call YOU.

Yes and no. He has told me that most of them are picked through. I use them and dollar coins just as a way of saving. Makes it a hell of a lot harder to spend carrying around fifty cent pieces and dollar coins than it does cash.

I have been acquiring silver bullion (coins and bars) over the past couple of months. I recently purchased a $1 roll of war nickels from APMEX. Pretty good price, link below.

LINK

I definitely want bulk storage for wheat pennies and pennies before 1982 since I have more of those than all of my other coins combined. As for my buffalo nickels, war nickels, and other rare coins, I prefer storing those in a protective manner to preserve their condition.

Considering I am still very much a novice, it interests me in knowing what methods the MT readers use for storage. My dad has several coin tubes for pennies, nickels, half dollars. He also uses cloth and booklets. Just reading online, most of the coin collecting blogs would probably barf at his method of storage, but to his advantage he can keep his entire collection in a mid sized tackle box.

I understand the collecting pre 1965 dimes and quarters for silver. What is the significance of the 1982 pennies and 60's nickel?

My grandfather gave me about 60-70 pre 1965 dimes, quarters, 1/2's and dollars. Pretty cool and has me intersted as well. Looking to get more involved in the coins too.

Next to impossible to find silver coins today. Bank employees are also coin collectors and several sell on ebay.

You may want to buy a large (5000) wheat penny lot through ebay and have some fun.

I have had luck in people selling their entire collections to me. I have paid 85% of coinflation.com silver value, up to 90%, depending on how fast the seller wanted the money. The sellers had received the coins from in-laws or grandfathers.

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but can someone explain to me where the value is in old silver coins, pre 1964 or whenever they quit using silver?

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The silver content is worth more than the monetary value. I believe they contain 95% silver.