Coin Collecting on a Shoe-string Budget

Probably everyone at one time or another hasJoesph W. Barr " dollar bills. Now as I wipe the tears
collected coins. Some people save old wheat penniesfrom my eyes, yes I am sad to say dad has been
they find in change and throw them in a jar. Othergone a few years now, and I still miss him very
people collect state quarters, and some others collectmuch, especially when I sit here alone and think
certain coins like nickles or dimes, and try to build aabout the times we spent together in the years
complete collection over time. A lot of folks think coingone by, oh well, at least it's always great memories
collecting is the hobby of king's and truthfully, it'swhen it comes to you, dad.Now as I regain my
often called that. A king may be able to build a giantmental composure, if I ever had one, I want to say
collection of coins, but I promise you, that the smallthat I never lost the desire to collect coins. And as I
collection a young boy has that may only be worth agot old enough to work full time, and live on my own
couple of dollars, is worth just as much to that boyI started and built a fairly large coin collection. I didn't
as a King's coins are worth to him.I can tell you righthave much money as I never went to college or
now, anyone can collect coins and you don't have totrade school, and I have always had a job working as
be rich. In fact I have quite a large coin collection, anda laborer, so I had to fine ways that I could build up
I have had a very low paying job all my life. Theremy coin collection cheaply.One day, I was looking in
are a lot of ways someone can build a great cointhe back of a Coin collecting magazine that I had
collection over time, while still paying the bills.Coins arepurchased at a local news stand, and I found an ad
so neat looking, I remember when I was a youngwhere you could join a coin collecting approval
boy, my grandad would go upstairs and open a safeservice. They would send you certain coins once a
we had, inside was a metal drawer containing somemonth, and you could select the ones you wanted to
old Morgan and Peace Silver Dollars. My grandadbuy and keep, and if you didn't want them all, just
would let me sit and play with the coins often. Imail the others back to them, and the next month
would hold one by the edge on the table top and flipthey would send some other coins for you to
it on the side with my finger and the coin would spinexamine. What made this program better than the
wildly around on the table like a toy top. The coinsother approval services I had often seen was, you
were frosty silver or whitish colored and werecould tell them what type of coins you were
beautiful to look at, they were large and heavy, notinterested in, and what price you were willing to
like the little coins we have today. I often wonderedspend monthly. I selected miscellaneous U.S. coins,
how many folks actually carried these things aroundeverything from old large cents from the 1800's to
in their pockets everyday, it only took a few ofsilver mercury dimes and buffalo nickels etc. And I
them to weigh quite a lot.After my grandad passedchose to only spend $20 a month, for me this was
away back in 1969, my dad sold the old silver dollars,perfect and for about a year or more I stayed in the
I don't think he really wanted to, but my grandad hadprogram and over time I got a nice bunch of coins
left the family farm pretty deep indebt, so dad hadfrom them, then something happened and the
an auction and sold about everything except ourcompany folded or went out of business, as I never
house and the barn, to pay off the huge bills. Itreceived any more coins from them and I no longer
wasn't too long after that when dad got bitten bysaw their ad in the magazines.Overtime I discovered
the coin collecting bug. At first it wasn't coins butother cheap methods to aquire some nice coins, one
paper money that got dad started. I remember dadof the methods I still use, is something that anyone
saw an ad in the back of some magazine, where acan do to start building a nice coin collection. Just
guy was offering to pay $2 for every dollar bill youstart searching and examining your pocket change, I
sent him that had a certain treasurer's name on it,still find wheat pennies and silver war nickels, and
that name was: " Joesph W. Barr ". My dad looked inmany pre 1960 nickels, and sometimes a silver coin in
his wallet at some dollar bills he had, and sure enoughpocket change. One time about two years back, I
he had one that had the signature " Joesph W. Barr "was at a local store and got some change back, I
on it. Dad took the dollar from his wallet and kept itnoticed two of the quarters I received looked kinda
in an envelope in his old roll top desk, and afterwhite in color, examining them closely after I got
checking his money for several days afterwards, dadback home, I discovered they were both pre 1964
found some more of them. Sometime later dadsilver Washington quarters. I figured somebody must
mailed the dollar bills to the address in the magazineof needed money to buy some cigarettes or milk or
ad, and sure enough he soon got a check for thesomething, and must of used some of their old coins,
dollars plus an extra dollar each. Dad continuedI was just lucky enough to had been there at the
searching and sending in them " Joesph W. Barr "right time and place to get them in my change.One
dollar bills for awhile, then after a period of time, theplace to find a lot of nice coins is to go to different
guy no longer was accepting them.Dad then startedbanks and buy rolls, search through them carefully,
buying a few Indian head cents and some buffaloand you will be surprised of the neat finds you may
nickels. Then as he got older and money seemed tocome across, plus just add a few out of your pocket
get a lot more tighter, dad quit buying coins andchange to replace the ones you want to keep from
turned to a new hobby, doing sweepstakes. But bythe rolls, and you can turn them back into a different
this time, I was hooked, I just loved the look of thebank for some different rolls of coins to search
old coins, the silver ones and the old copper largethrough.Another place that is fairly good for finding
cents, they just seemed so neat compared to thesome rare coins is at local flea markets, be careful
boring coins of everyday use. Now as I am writingthough as many of the folks at these places are
this article, I stumbled across an interesting articlevery aware of a coins value, and they often ask for
about the " Joesph W. Barr " dollar bills from themuch more then what the coins are worth. Read up
'American Numismatic Association' it said, theon the coins you are interested in buying, or better
following: "At one time, it was speculated that theyet, take along a pocket coin price guide with you
notes signed by Treasurer Joseph W. Barr wouldwhen you go to buy coins, it's better to be thrifty
eventually hold a high numismatic value since he wasthen foolish.Anyway, now after collecting coins for
in office for only 23 days in 1968-69. However, duringfun over the years, I have almost every Lincoln cent
that period, a total of 484 million notes werethat was made from 1909 up to present, and I have
produced with his signature. The high quantityevery Jefferson nickel from the first one that was
produced dictates that the notes will never bemade in 1938 to present, and I have a nice sized
considered rare in our lifetime. Interestingly, in 1995,wooden chest full of miscellaneous U.S. coins, including
numismatic author Alan Herbert stated, "A $1 Barrsilver dollars, mercury dimes, buffalo nickels, Large
note deposited in an interest-bearing account in 1969Cents and many more unique and rare coins. I figure
would have been worth over $4.00, figuring 6%the coins will make a nice gift someday, something to
interest compounded annually. A circulated Barr noteleave to my daughter and her children, and maybe I
kept in a safe-deposit box for 26 years is worth $1can spark that fire in them, that my dad started in
today."So that explains why that guy probably quitme, the joy of coin collecting. So start checking your
buying the " Joesph W. Barr " dollar bills, it seemedpocket change today, you just never know what
they might of been collectible for a little while, butrare finds you may come across.There are several
they just never caught on. Today you can still buydifferent types of computer software that are made
them on eBay and other places, sometimes forfor coin collecting. One program that stand's out is '
slightly more than $1.00. Oh well, it is something thatCoin Collector Professional ', it is made for any coin
has stuck in my mind every since I was a little boy, Icollector, from novices to professionals, and it cost
will always remember dad checking his wallet for "under $20.