Reddit reviews 2014 Standard Catalog of World Coins - 1901-2000

If these are largely US coins then you should purchase a Redbook and if there are a large amount world coins a World catalog isn't a bad idea. This is also a good website to find out general prices for world coins. Selling on ebay will get you pretty decent money, but trying /r/coin4sale or /r/pmsforsale are likely to get you the best money. Anything thats extremely valuable should be sent off to a large auction company.

What ever you do don't take them to a we buy gold place

I'll echo others here, but I think it depends on what you'd like to collect. If you don't want to spend much money right now, especially if you haven't decided on what specific things you like, then searching coins from circulation - rolls from the bank, etc. - is a good way to get started (since all you spend is the face value of the coins you keep), but you may need to search a LOT of rolls before you find anything interesting. For example, I searched over $200 in half dollar rolls a few months ago - found no silver, but did find one proof that had escaped into circulation. I mentioned to the tellers that I knew what I was looking for, and they replied "so do we." Ah.

If you want to purchase coins, going to a local coin store, or meeting dealers at a show, is good, as they can help guide you to making a good purchase. If you start to specialize in particular areas, dealers can even keep an eye out for you, and put things aside. You might want to specialize in a particular series (e.g., a date run of Lincoln cents), or from a particular country, or with certain symbology (pics of animals, ships, etc.) or time period (e.g., Roman Empire - $40 will get you a nice coin that is 1700+ years old, for example - a lot of new collectors think that something that is old must be valuable/only in a museum, which isn't the case).

eBay and general Internet sites can be a good source for coins, but unless you are buying coins certified by reputable companies (PCGS, NGC predominately), from dealers that offer returns, I'd not suggest doing things this way if you are just starting out. Even if photos are decent, coins can be cleaned or otherwise impaired (so are worth less than they appear to be - you might overpay, maybe significantly, without realizing), and in one instance I had, an outright forgery (which I figured out after paying, but before it shipped, so was able to get my money back). Once you get more familiar with coins and what's out there, reasonable prices, and such, then eBay in particular can be a very good place to find things. For example, I've been collecting schillings of the Free City of Riga for a while (1563-1580). It is a very very specific collecting interest, and you just can't find them other than via eBay (out of several 100+ table shows, and multiple visits to half a dozen coin stores in driving distance, I found exactly one, but have purchased over 170 via eBay) - apparently metal detectorists in the area are finding them and selling them that way.

Lastly, I'd recommend picking up a few books so you know what is out there - what to look for and what things are worth. For one, if you are collecting US coins, the Redbook is very useful to know what is out there. If you are searching rolls, the Cherrypicker's Guide vol 1, vol 2 is handy to know what particular things to look for. The Redbook will tell you which dates are more rare/desirable, and the Cherrypicker's Guide will do the same for varieties. If you want to collect world coins, the Standard Catalog of World Coins volumes are very handy. There is one volume per century, starting in 1600. They are a bit pricey, but if you have a pile of coins that need identification, are very useful. You might be able to find these in a library, but having your own copi

Hope it helps!

I don't know where you got that Amazon link but the URL appears to contain an affiliate ID so reddit's spam filter flagged it.

I agree that the Krause catalogs are pretty useful, up to a point. You can find them at the library or buy them new or used on eBay or Amazon. They don't change much from year to year so buying cheaper ones that are a couple of years old is usually fine.

Here's a non-spam link to Krause on Amazon:

http://www.amazon.com/2014-Standard-Catalog-World-Coins/dp/1440235678/