Sunday, November 18, 2007

The Things People Spend

My wife has had various retail jobs. She has pulled a few good coins for me from circulation. She pulls all the silver and wheat pennies she finds. I used to come home from work and she would usually have a penny or a dime waiting for me to inspect. They just ended up in my purple crown royal bag. Nothing ever worth much, but still worth saving. I have $4.67 cents now in that bag. 3 quarters 1964, 12 Roosevelt dimes and the rest wheats.

One day I came home. She said she had five coins for me. I thought cool probably just pennies. But still eager to look at them. I get excited when i see her digging them out of her purse. I know there not pennies or dimes or quarters. First thought is Ikes. Then I am handed 3 1925 peace dollars and 2 1921 morgans. Well circulated, but hell they only cost a dollar apiece. She said some kid was buying five dollars in gas. That he was probably 16 or 17. I was thinking hmmm, his dad probably isn't going to be very happy if he notices those missing. I kinda felt guilty about it. I know I didn't steal them but they were probably gotten that way. I do still have them and the guilt didn't take long to subside.

My wife quit that job a couple of months later. I was kinda still hoping he would come back and buy some more gas. Maybe with a full set of mercury dimes . He never did though and my wife said she would not continue working there just so I could see.

This was about five years ago. I still wonder if he ever came back and spent some more. If he did what did I miss out on. Ohh well. Just goes to show, you can still find good coins out there.

Tuesday, November 13, 2007

One of My First Coin Finds

After finding my mercury dime I had bought a Red Book and a few coin magazines. One article I remember was about finding old coins in regular circulation. It had a few tips in it about increasing your chances of finding good coins. Like buying alot of coins from the bank and having friends who worked with money keep an eye out for you. It had also mentioned a book called The Cherrypickers Guide. I bought it. Then I realized after reading, that I was going to need a loupe. It had alot of newer coins listed with errors.

Seemed like I was spending a lot of money before I even got to looking at tons of change. But I knew it would pay off. I would be rich in a month or two. So off I went to the bank to buy $50 in pennies and nickels. About an hour into it I found what I was looking for a 1969 S double die. Wow it was worth thousands. I couldn't believe my luck. then I was reading the cherrypickers guide some more ....hmmmm... whats this section in front I thought. It has pictures of coins with doubling on them. I seen the mechanical doubling picture and my heart sank. Thats what my coin looks like. I still refused to believe my coin wasn't worth thousands. I had spent $70 dollars on books and a luope. My knowledge of coins was unsurpassed. Who was to tell ME I was wrong.

Well after a few coins show and five dealers. I finally gave in after they all told me the same thing. I still have this coin. It is worth more to me than some of the more expensive coins I have bought from dealers. But I'll never forget at one time for about thirty minutes I had found a coin worth four or five thousand dollars in pocket change.

Monday, November 12, 2007

How I got started coin collecting

It all started when i was about 12 years old. Me and a friend were rummaging through and old barn. I found a box of old books. I can only remember the one. It was a blue book "Handbook to US coins" The year was 73 or 74. I believe I found it in 1982.

I took it home with me. I remember looking through it and I realized it had values for coins. I also noticed the value of some newer coins I had were worth more than face value. I knew nothing at the time about coin grades. So when I went through my change I had a nickel that was worth a couple pennies more.

That started my interest in coins . But I guess it ran its course. About two months later I lost interest in going through every piece of change and finding coins that were worth a few cents more. Change was hard to come by to me back then. I always needed a soda or candy bar or something important like that.

Not until about 1995 was I to become interested again in coins. I was working At a fast food place. I was working the register. A man pulled some change from his pocket. He was counting throuh it , I noticed a funny looking coin in his hand I was hoping he would spend it. He did. I waited until he was away and then looked at the coin more closely. It had the date 1943 and appeared to be a dime(That's what I counted it as). I bought it from the register. I finally ended up calling a coin dealer I found in the phone book. Told him of my great fortune. I was hoping he would tell me it was worth hundreds. Nope turns out it was about .30 - .35 cents at the time. Oh well.

Now I have been digging through coins ever since. I have found quite a few coins and paper money in regular circulation that were pretty decent finds.

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