Coin collection recommendation

Discussion in 'Silver Coins' started by Feduptryingnames, Apr 24, 2020.

  1. Feduptryingnames

    Feduptryingnames Member

    Joined:
    Apr 5, 2020
    Messages:
    34
    Likes Received:
    17
    Trophy Points:
    8
    Location:
    Perth WA
    My 16yr old nephew wants to start collecting coins. He is in Australia.

    What would you recommend as a good set to start to collect.
     
    Krakked789 likes this.
  2. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

    Joined:
    Nov 12, 2014
    Messages:
    3,908
    Likes Received:
    1,160
    Trophy Points:
    113
    S3 Lunar maybe as its in its first year
     
  3. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    4,038
    Likes Received:
    1,254
    Trophy Points:
    113
    Location:
    Australia
    Does someone want to tell him the truth?... :)
     
    jultorsk likes this.
  4. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    9,458
    Likes Received:
    702
    Trophy Points:
    113
    Location:
    Australia
    My 16yr old nephew wants to start collecting coins. He is in Australia.
    What would you recommend as a good set to start to collect.

    Feduptryingnames, sometimes interests will wain, much like the phases of the moon.
    Perhaps ask your nephew what he likes to collect? Is he an animal, car, bike, or history fan or,..............................
    *Does he prefer gold or silver?
    *How much money are you going to give him to start off his collection?
    Some people on the forum, collect silver Kangaroo coins, some collect Koala or Kookaburra coins, some prefer gold coins.
    Some collect, Australian $1 or $2 coins (Same as we get in our change)
    Here's a link to some of the different types of coins.
    The Perth Mint

    http://www.perthmintbullion.com/au/View-All-Bullion.aspx
    https://www.perthmint.com/catalogue/latestReleases.aspx

    The Royal Australian Mint
    https://www.ramint.gov.au/
    https://eshop.ramint.gov.au/browse-all-products#/pageSize=6&orderBy=0
     
    Stoic Phoenix likes this.
  5. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,411
    Likes Received:
    2,704
    Trophy Points:
    113
    Location:
    Australia
    Some thing Event related such as Sydney Olympics.

    Dates are a good marker. e.g. Pre-decimal coins from WW1 - 1914-18 florins, shillings etc

    Animal series such as Kookaburras, or just "Birds" for example.

    My first coin collection started from family friends bringing home small change, so open out to other countries.

    Half the fun I believe, is pursuing the provenance of coins, or wildly guessing! Lol..

    Imagining who may have held a coin, or passed it paying for a fare or meal.

    The imagination is as important as the actual coins.
     
    Holdfast likes this.
  6. jultorsk

    jultorsk Well-Known Member Silver Stacker

    Joined:
    Oct 17, 2016
    Messages:
    566
    Likes Received:
    709
    Trophy Points:
    93
    Here's a left-field suggestion - purchase a small bag of silver pre-46 pre-decimals from @Bullion Now (or anywhere as near spot as possible) and let him discover the associated monarchs. Also borrow from WA Library any copy of Renniks coin book and let him 'discover' the connection between the condition of the coin and mintage, year minted etc. and suggested retail value of said coins.
    Discuss topics such as 'what is money' and 'what has happened during historical turmoil with regards of value of money'.
     
  7. JNS

    JNS Active Member Silver Stacker

    Joined:
    Oct 8, 2015
    Messages:
    490
    Likes Received:
    117
    Trophy Points:
    43
    Location:
    Traveller, Lives in hotel
    Collecting ? FUNdamentally, that is Fun or what may brings delight to the collector.
    Very few young generations, now a days inclined with coins.
    I am very happy to hear and see young ones.

    It is quite difficult to assemble a meaningful collection in a few years, the path must be chosen carefully giving a good share of life following it.
    If it matures someday, it is likely that the collection will indeed be worth something or brings enjoyment on its own in the future.

    The truth is, it always need an incredible patience when doing this. Some collectors with generous knowledge and resources is hard to find.
    In time, all these matters will be self learnt throughout depending on interest, knowledge and pursuance.

    I can only say, for what is really the interest in life? what are the future plans, the work ambitions.
    From that point, it can be strongly incorporated with coin collecting.
    (Investing is other way around because "Collecting" is designed for enjoyment)
     
    Holdfast likes this.
  8. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

    Joined:
    Jun 23, 2010
    Messages:
    1,931
    Likes Received:
    365
    Trophy Points:
    83
    Location:
    Thailand & WA
    Go in hard. Norfeds
     
    shinymetal likes this.
  9. Tin Can

    Tin Can Member

    Joined:
    Mar 30, 2019
    Messages:
    60
    Likes Received:
    24
    Trophy Points:
    8
    For a 16 year old, the collection should not be an expensive hobby.

    And obtaining the coins in the collection (date, typeset, series etc) should be not too difficult achieve.
     
  10. SteelHand

    SteelHand Active Member Silver Stacker

    Joined:
    Aug 26, 2019
    Messages:
    308
    Likes Received:
    235
    Trophy Points:
    43
    Location:
    Perth, WA
    You could always look at "silver plated" coins as they should be cheaper to see if he keeps the interest and then go from there perhaps
     
  11. Feduptryingnames

    Feduptryingnames Member

    Joined:
    Apr 5, 2020
    Messages:
    34
    Likes Received:
    17
    Trophy Points:
    8
    Location:
    Perth WA
    I think I’ll point him in the direction of Lunars or possibly try to talk him into cast bars.
     
    Holdfast likes this.
  12. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,800
    Likes Received:
    562
    Trophy Points:
    113
    Location:
    Australia
    I started off just collecting coins from circulation, you get them at face value, there is plenty of variety and they are easy to dispose of.

    I wouldn't start with anything expensive or hard to find until he decides whether or not he actually enjoys it.

    I give my niece a different silver 2011 (Year she was born in) coin on her birthday and a current year coin for Christmas, she has about 16 different coins now but has shown no real interest in any of them
     
  13. hazy

    hazy Active Member

    Joined:
    Mar 17, 2011
    Messages:
    413
    Likes Received:
    36
    Trophy Points:
    28
    Location:
    Canberra
    I have a coin collection... but it's all just cheap stuff, I have pennies, ha'pennies, pre and post silver coins, and like lots of coins from overseas and stuff. It's kind of interesting as a coin collection, you can research where they're from and the metal composition and stuff... as opposed to collecting things of value in themselves (ie bullion). Or like, trying to get one of every year of 1 cent coin, stuff like that is fun and useless.
    I kind of got sucked in to collecting a bit of silver stuff like those state coins and mint releases rather than just stacking bullion and I don't really like it it's just a different vibe to the good old fashioned world coin collection
     
  14. Krakked789

    Krakked789 Active Member

    Joined:
    Apr 12, 2016
    Messages:
    276
    Likes Received:
    213
    Trophy Points:
    43
    Location:
    Melbourne
    My suggestion is to get him to appreciate nice non-government (eg. without a queen's head on it) silver bullion bars. You don't have to worry so much about games with premiums.
     
    66rounds likes this.

Share This Page