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Coin Collecting on a Shoe-string Budget

Probably everyone at one time or another haswallet for " Joesph W. Barr " dollar bills.
collected coins. Some people save old wheatNow as I wipe the tears from my eyes, yes I
pennies they find in change and throw them inam sad to say dad has been gone a few years
a jar. Other people collect state quarters,now, and I still miss him very much,
and some others collect certain coins likeespecially when I sit here alone and think
nickles or dimes, and try to build a completeabout the times we spent together in the
collection over time. A lot of folks thinkyears gone by, oh well, at least it's always
coin collecting is the hobby of king's andgreat memories when it comes to you, dad.Now
truthfully, it's often called that. A kingas I regain my mental composure, if I ever
may be able to build a giant collection ofhad one, I want to say that I never lost the
coins, but I promise you, that the smalldesire to collect coins. And as I got old
collection a young boy has that may only beenough to work full time, and live on my own
worth a couple of dollars, is worth just asI started and built a fairly large coin
much to that boy as a King's coins are worthcollection. I didn't have much money as I
to him.I can tell you right now, anyone cannever went to college or trade school, and I
collect coins and you don't have to be rich.have always had a job working as a laborer,
In fact I have quite a large coin collection,so I had to fine ways that I could build up
and I have had a very low paying job all mymy coin collection cheaply.One day, I was
life. There are a lot of ways someone canlooking in the back of a Coin collecting
build a great coin collection over time,magazine that I had purchased at a local news
while still paying the bills.Coins are sostand, and I found an ad where you could join
neat looking, I remember when I was a younga coin collecting approval service. They
boy, my grandad would go upstairs and open awould send you certain coins once a month,
safe we had, inside was a metal drawerand you could select the ones you wanted to
containing some old Morgan and Peace Silverbuy and keep, and if you didn't want them
Dollars. My grandad would let me sit and playall, just mail the others back to them, and
with the coins often. I would hold one by thethe next month they would send some other
edge on the table top and flip it on the sidecoins for you to examine. What made this
with my finger and the coin would spin wildlyprogram better than the other approval
around on the table like a toy top. The coinsservices I had often seen was, you could tell
were frosty silver or whitish colored andthem what type of coins you were interested
were beautiful to look at, they were largein, and what price you were willing to spend
and heavy, not like the little coins we havemonthly. I selected miscellaneous U.S. coins,
today. I often wondered how many folkseverything from old large cents from the
actually carried these things around in their1800's to silver mercury dimes and buffalo
pockets everyday, it only took a few of themnickels etc. And I chose to only spend $20 a
to weigh quite a lot.After my grandad passedmonth, for me this was perfect and for about
away back in 1969, my dad sold the old silvera year or more I stayed in the program and
dollars, I don't think he really wanted to,over time I got a nice bunch of coins from
but my grandad had left the family farmthem, then something happened and the company
pretty deep indebt, so dad had an auction andfolded or went out of business, as I never
sold about everything except our house andreceived any more coins from them and I no
the barn, to pay off the huge bills. Itlonger saw their ad in the magazines.Overtime
wasn't too long after that when dad gotI discovered other cheap methods to aquire
bitten by the coin collecting bug. At firstsome nice coins, one of the methods I still
it wasn't coins but paper money that got daduse, is something that anyone can do to start
started. I remember dad saw an ad in the backbuilding a nice coin collection. Just start
of some magazine, where a guy was offering tosearching and examining your pocket change, I
pay $2 for every dollar bill you sent himstill find wheat pennies and silver war
that had a certain treasurer's name on it,nickels, and many pre 1960 nickels, and
that name was: " Joesph W. Barr ". My dadsometimes a silver coin in pocket change. One
looked in his wallet at some dollar bills hetime about two years back, I was at a local
had, and sure enough he had one that had thestore and got some change back, I noticed two
signature " Joesph W. Barr " on it. Dad tookof the quarters I received looked kinda white
the dollar from his wallet and kept it in anin color, examining them closely after I got
envelope in his old roll top desk, and afterback home, I discovered they were both pre
checking his money for several days1964 silver Washington quarters. I figured
afterwards, dad found some more of them.somebody must of needed money to buy some
Sometime later dad mailed the dollar billscigarettes or milk or something, and must of
to the address in the magazine ad, and sureused some of their old coins, I was just
enough he soon got a check for the dollarslucky enough to had been there at the right
plus an extra dollar each. Dad continuedtime and place to get them in my change.One
searching and sending in them " Joesph W.place to find a lot of nice coins is to go to
Barr " dollar bills for awhile, then after adifferent banks and buy rolls, search through
period of time, the guy no longer wasthem carefully, and you will be surprised of
accepting them.Dad then started buying a fewthe neat finds you may come across, plus just
Indian head cents and some buffalo nickels.add a few out of your pocket change to
Then as he got older and money seemed to getreplace the ones you want to keep from the
a lot more tighter, dad quit buying coins androlls, and you can turn them back into a
turned to a new hobby, doing sweepstakes. Butdifferent bank for some different rolls of
by this time, I was hooked, I just loved thecoins to search through.Another place that is
look of the old coins, the silver ones andfairly good for finding some rare coins is at
the old copper large cents, they just seemedlocal flea markets, be careful though as many
so neat compared to the boring coins ofof the folks at these places are very aware
everyday use. Now as I am writing thisof a coins value, and they often ask for much
article, I stumbled across an interestingmore then what the coins are worth. Read up
article about the " Joesph W. Barr " dollaron the coins you are interested in buying, or
bills from the 'American Numismaticbetter yet, take along a pocket coin price
Association' it said, the following: "At oneguide with you when you go to buy coins, it's
time, it was speculated that the notes signedbetter to be thrifty then foolish.Anyway, now
by Treasurer Joseph W. Barr would eventuallyafter collecting coins for fun over the
hold a high numismatic value since he was inyears, I have almost every Lincoln cent that
office for only 23 days in 1968-69. However,was made from 1909 up to present, and I have
during that period, a total of 484 millionevery Jefferson nickel from the first one
notes were produced with his signature. Thethat was made in 1938 to present, and I have
high quantity produced dictates that thea nice sized wooden chest full of
notes will never be considered rare in ourmiscellaneous U.S. coins, including silver
lifetime. Interestingly, in 1995, numismaticdollars, mercury dimes, buffalo nickels,
author Alan Herbert stated, "A $1 Barr noteLarge Cents and many more unique and rare
deposited in an interest-bearing account incoins. I figure the coins will make a nice
1969 would have been worth over $4.00,gift someday, something to leave to my
figuring 6% interest compounded annually. Adaughter and her children, and maybe I can
circulated Barr note kept in a safe-depositspark that fire in them, that my dad started
box for 26 years is worth $1 today."So thatin me, the joy of coin collecting. So start
explains why that guy probably quit buyingchecking your pocket change today, you just
the " Joesph W. Barr " dollar bills, itnever know what rare finds you may come
seemed they might of been collectible for aacross.There are several different types of
little while, but they just never caught on.computer software that are made for coin
Today you can still buy them on eBay andcollecting. One program that stand's out is '
other places, sometimes for slightly moreCoin Collector Professional ', it is made for
than $1.00. Oh well, it is something that hasany coin collector, from novices to
stuck in my mind every since I was a littleprofessionals, and it cost under $20.
boy, I will always remember dad checking his



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