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Mrdavie's Blog

03 Jul 2018

Saving Nickels and Red Book Pricing Guide

Coins | Mrdavie

I filled the Jefferson Nickel coin folders with pocket change, and was left with a pile of nickels. I tried to select the nicest nickel from any one group of a given year/mint. For now, I am keeping a roll's worth of each coin without regard to grade, unless it's ugly. Starting with 1938 and including 1947, The Red Book provides price guides starting with grade VF-20 to PF-65.  Starting with 1948 through1965, the price guide starts with MS-60. After 1965 it drops MS-60. From this, I assume the following:

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30 Jun 2018

Coin Collecting - Phase I

Coins | Mrdavie

I'm in my sixties and I'm starting to collect coins, seeded by a modest inherited collection. I vaguely remember having some coin folders when I was a young boy, but I did not develop and continue the hobby, when spare change was more relevant to coin collecting than today's pocket change. The attached image is the first section in my Littleton Washington Quarter Folder, 1932-1947. It reveals the only two missing quarters in this Folder: 1932-D & 1932-S. I can go to the bank and get rolls of quarters, but I'm not going to find these two quarters. If I pay significant money for these two coins, I'm not going to take them out of their certified cases and put them in the folder.  Now I have to make a decision - What is my intention for collecting coins? I'll keep this answer brief. I'm going to collect coins for coin folders, but pass up spending more than $5 to $10 for that rarer than average coin missing from a folder. I will call this PHASE ONE of my coin collecting activities. Once the penny, nickel, dime, quarter, and perhaps half dollar and dollar coin folders are as complete as possible without investing significant amounts of money for a single coin, then PHASE ONE will be complete. That will mean some slots will never be filled, but so be it. 

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28 Jun 2018

Started on Quarters Today - nostalgic and confused

Coins | Mrdavie

My father-in-law was a coin collector. He was also a Cuban refugee from the early sixties who fled Cuba with his wife and two children. They all became U.S. Citizens. Chalon was a coin collector, but we never discussed this. It was a modest collection, not neatly stored in coin folders, but he had several plastic tubes containing an almost complete set of Washington quarters from 1932 thru 1964. You can probably guess the 1932-D and 1932-S are missing. He did not have lots of money to spend on collecting but he paid close attention to his pocket change and I am sure his collecting activity gave him much personal satisfaction. The simple act of finding a coin in you pocket change you are searching for. Ahhh, what a simple pleasure! I will continue his quarter collection.

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15 Jun 2018

The Buffalo Nickel - Great American Symbol

Coins | Mrdavie

I think I read the Buffalo Nickel was issued for the minimum period of time (25 years) and then replaced by the Jefferson Nickel (80 years and still going). The Buffalo Nickel is such a strong image of Americana despite devastation brought on the American Indians and one of their major sources for survival - the Buffalo. The images on the coin are magnificent. I wish the U S Mint would bring them back to the 5 cent piece - to be shared by many who could not invest in the gold Buffalo coins currently available. 

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