Coin shows

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1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.

2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.

3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.

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Ladytex
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Coin shows

#1 Unread post by Ladytex »

Hi I just started coin collecting a couple months ago so any advice would be great I have been watching videos and learning a lot my question is I live in Indiana and I'm wanting to know what kind of coin shows should I go to I went to one recently and it was a joke so I never got to go in thank you

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Re: Coin shows

#2 Unread post by Triple C »

Hi and welcome! I would recommend Coinzip.com to find upcoming shows in your area:
https://coinzip.com/

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Re: Coin shows

#3 Unread post by JTCC »

welcome to the community.
U.S. cent lover!

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Earle42
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Re: Coin shows

#4 Unread post by Earle42 »

Ladytex wrote: Wed Dec 08, 2021 9:43 am Hi I just started coin collecting a couple months ago so any advice would be great I have been watching videos and learning a lot my question is I live in Indiana and I'm wanting to know what kind of coin shows should I go to I went to one recently and it was a joke so I never got to go in thank you
Welcome!

Advice? Well..remember you asked for it!

1. Please go here and review the information thoroughly - Daniel makes good videos!
How to post:
https://coinauctionshelp.com/forum/view ... 11&t=15935
https://coinauctionshelp.com/forum/view ... 11&t=19041

2. Don't go on an eBay spending spree ("OOOOH SHINY!) until you understand original coin detail and lack of wear from use make a coin valuable - not how shiny it is. Anyone can buff/polish a coin and sucker people into paying big bucks on eBay for it.

3. Don't clean (rub/brush/wipe) coins b/c you most likely will ruin their collector value. Look up Daniel's videos on cleaning coins to learn that cleaning a coin is different than conserving a coin (which is OK - you do not alter the metal in any way). Also this link on this forum sums it up:
https://coinauctionshelp.com/forum/view ... 11&t=20498

4. Decide an area to collect. You can always switch if you find you do not like it. Starting with easy sets will give you time to learn and educate you, through experience, when working on harder sets to complete.
a. Suggestion: Jefferson nickels are likely the easiest (still fun!) set to complete without breaking your wallet. And if you have the time to search rolls of nickels, it still IS possible to make at least most of the set by rolls searching. Proof of this is a thread on another forum where one guy has completed (I thinks its) three complete sets (!) over the last 10 years just by looking at bank rolls of nickels (massive amounts!)
b. Silver suggestion: Roosevelt dimes and Franklin halves are the easiest silver sets to complete. There is no real expensive key to the Roosevelt dimes in the silver years, and unless you want proofs, the same can be said about Franklins.

5. You do NOT need a fancy microscope to search coins. A $6.00 10X jeweler's loupe (w/ triplex lens) like Daniel sells is all that s needed. Too many people start out thinking the higher the magnification, the better. So they invest in a microscope and start seeing all the tiny imperfections on coins that have always been there, add no value, and think they have found rare errors that will let them get that gold Rolls Royce they always wanted. After taking the time to take/post pictures here of their "rare" finds, they get disappointed time after time being told they have nothing of value and throw in the towel.

6. If you are going to be searching for errors, know what an error actually is:
Save Yourself time, effort, and disappointment...don’t learn the coin hobby backwards. 😊

Looking for random anomalies on coins and hoping they match up to something collectable will take you a lot more time, wasted effort, and disappointment repeatedly finding out you have nothing but post mint damage.

Spend some initial time at places like error-ref.com, doubleddie.com, varietyvista.com, conecaonline.org, coppercoins.com etc. to find what actual and collectable coin errors look like.

A good way to start is, for instance, separate a bunch of pennies by date. Go to varietyvista.com and, date by date, use the reference there to see what errors are known for that specific coin/mint mark. Look for those specific errors/varieties using the pictures provided. After doing this for awhile you will KNOW what an actual error looks like and not have to waste time on face value and damaged coins.😊

7. And last, but certainly not least! There is a big trap a lot of newbies fall into b/c they do not do their homework ahead of time. Many lose a lot of money.

Give a man a fish, feed him for a day. Teach a man to fish, feed him for life. Here is some beginners fishing tackle. Its worth your time to read.

Following is info concerning the actual nature of grading companies that can help people make better educated decisions.😊

Thinking of Slabbing? Make sure you understand the Facts...or You Could Lose Money.


1. The grading companies are not a way that the majority of people, even those with a great deal of experience who know what they are doing, are going to be able to use in order to make huge personal profits. Many people start using grading companies thinking they will find a way to finance their hobby, but they learn a hard lesson quickly.

2. Watch some of Daniel's videos where he gets pieces back from the grading companies. Note even people who live, eat, breath, and deal coins for a living (like Daniel) can accurately predict what grade the companies will give. And...the "fault" (not really a fault) is in a widespread mistaken perception people get from being exposed to all the slabs being sold nowadays.

Coin grading companies are a business out to make a profit - this is why they exist. They use a system where allegedly three, but in reality its normally two graders look at each coin and give an opinion. The company videos showing the process make you believe this is a relaxed paced process of studying each coin. In fact one PCGS video shows a number of guys sitting around a table discussing what they think a specific coin should be graded as (on youtube somewhere - sorry no link). Uh uh.

If you take a PCGS graded coin slabbed as MS64, break it out, and resubmit it to PCGS, you are never guaranteed the same grade again. The slabbed coin might come back MS62 (extreme and a bad day for graders), 63, 64, 65, 66 (extreme and a great day for you!). This is b/c the process is all subjective: No scientific/verifiable standards or methods are used. Personally having talked with former graders (granted - its been awhile), the process is very rushed since they told me graders are paid by how many coins they can get through in a day.

But..this is all hearsay without proof. So...
Grading the Coin Graders

Here is another good read from someone there at the start of the grading companies:
Hobby negative impacts from slabbing companies

3. People also seem to think grading companies will examine a coin to see if they can find an error and then slab it as such. But again, they ONLY GRADE coins. The companies will NOT try to find and ID an error for you. You must FIRST ID the error yourself, CHECK to see if the company you want to use recognizes that specific error, PAY them to verify the error on the label, and then you may or may not actually get what you pay for! The companies have a bad reputation for attributing errors correctly.

Link to and read (download if you want it) the pdf link in my signature as an eye opening example.

The verifiable data presented shows trusting people have spent thousands of dollars on many slabbed coins that are not what the companies claims/slabbed the coins to be.

You don't have to throw in the towel over these companies...but education about the reality of them will put you on the right pathway to dealing with them in a legit way without losing money in the process.

And…if you just like to collect slabbed coins for what they are, which makes losing/making money from slabs irrelevant, then of course enjoy them!" 😊
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8

How much squash would a sasquatch squash if a sasquatch would squash squash?

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Paul
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Re: Coin shows

#5 Unread post by Paul »

Welcome
C.O.N.E.C.A. Wi State Rep
Fly-In Club Wi State Rep

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