Was This Coin Collector Smart With Their Collection?
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- Опубліковано 24 чер 2024
- Was This Coin Collector Smart With Their Collection?
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Was This Coin Collector Smart With Their Collection?
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I don't buy coins as an investment. I am more interested in history, I purchase what I like from reputable Dealers like you and from the US Mint. So far I have done alright as far as purchasing some " Good Value" coins. They will I beleive, go up in value in time.
Really the correct way of collecting anything
I don’t collect coins but interested in the hobby. I will NEVER buy coins from ANYONE as they are all a scam!!!!!!! The scams I’ve learned from this channel has prevented me in any good conscience from buying from anyone anytime for any reason. Including from the government.
Want killer deals on some great stuff, join whatnot if you haven't already. I see sellers get smoked all the time. Yet they still start the bids at $1?? It's literally the definition of crazy. They're doing the same thing over and over, expecting a different result? Get it while it's hot. Any seller that announces the price they expect to see is lucky to get 20% of that number.
Love the fact that you gave your customer a warning that you’d have to charge too much for it, and he still wanted it. So long as everyone goes into a deal fully informed, it’s a win for everyone.
"quit making people believe coins are worth a bunch " best quote EVER!!
Is it capitalism vs knowledge?
This is the perfect video for someone entering or new to the hobby to understand that value when you buy is *your value*. If buying as an investment, check out Daniel's videos on that. I've most certainly overpaid for coins that were "hole fillers" to complete an album, or because the toning was definitely from a bag or unique.
Buy what you like because you like it in your collection, but do your research first so you do not overpay.
Thanks for sharing Daniel! 😎👍
"You can throw away Dollars on a lot of things.", some of the best words ever said. Don't throw away Dollars, invest them instead by making educated purchases, no matter what the asset is.
GOOD MORNING DANIEL AND THANK YOU FOR SHARING THIS KNOWLEDGE .
Great video and the non-chalaunt attitude on values is the best idea for listening beginners.
Well done BrUdDeR.
I have lots of mint sets, but in a paper holder. I do prefer the plastic. Thanks for another
great video. Enjoy your day, Daniel.
Thanks for your informative video. As most of us know, buy the coin, not the holder.
Daniel you good man god bless you amen
Thanks i am not really into numismatic coins but have enjoyed learning about these coins and how a dealer views them. From Australia so not familiar with US coins.
Great lessons
Like these videos also the videos on paper .t.y. Dan and you have a great day.👍🙏✌️🇺🇲
The most important thing is to research what you are interested in buying. Look at many different graded coins, this will help you have a better understanding of what a coin should look like in a range of grades. Eye appeal also plays a major factor in the desirability of a coin. It is also smart to look at various completed auctions, this will give you a good idea of what the coin you're interested in will go for.
Daniel you good man got bless you amen ❤
Good vid Daniel. Coin collecting is a hobby, not an investment. If someone gets into the hobby thinking they will make money, then they should stop. There are better ways to invest money than coins.
I'm really just a stacker & don't care much about numismatic stuff, but I still like learning a bit about it because I end up being around it some in search of Silver & Gold.
I don't want to pay someone melt value for a $500 coin out of ignorance.
If you’re looking at this through the eyes of a stacker is totally different to seeing it as a collector
Looks like the person enjoyed themselves for a time, and picked up what they were attracted to/interested them. More than that is like critiquing someones choices for lunch, if they like liverwurst sandwhiches on pumpenickle and coconut macaroons, who am I to say they should or shouldn't ?
At least the printing on those off label holders was big enough to read
Thanks for the show Daniel , I don't think AU should even be a designation since a coin is either unc ' or not , about is only in your mind !
Only buy bargains with yesterdays prices. Be careful in your choices. Like UC 31s, Volume at face value as well like 12 s in a bank roll. Multiple wheats in single or double digit values are common. UC pennies can be found sometimes in solid 25 dollar boxes as well mixed in. Don't use high profit dealers. Bargains can be found in many places. Sit on what you find.
Good afternoon Daniel from Maryland. How are you Daniel?
Excellent commentary Daniel. I figure if it pays for all my bills? Great. I love the hobby and grabbing a "must have".
Buy the coin not the holder...buy what you like from a dealer you know and trust!!
I wouldn’t go as far as very good ,but nice.lol
Very good advice Daniel
I believe there is a scammer for every type of business in which you can fool someone. The internet is full of scams and scammers...so buyers beware 🎉
Not too bad
My wife bought some colored Eagles and we got them for a great price.
ouch
@@buyystocks Not really.
If you can get them at a great price, you should go for it.
You can always remove the paint.
Then you just bought Eagles for melt value & a few minutes of time.
@@pewpew9193 Long as you get them for Spot
Interested in history
Hey can I bother you for a plastic type container with a dollar sized slot in it? I'm trying to complete an 1896 P set with dollar ,half, quarter, dime, nickel, and cent.
Send me an email at portsmouthcoinshop@gmail.com
If people would just watch your videos and pay attention to them they wouldn’t be getting hosed by these fake slabs.
Great topic. Thanks for sharing. :-)
Pure speculation but to me it looked like the collector dealt with change. He would put aside nice examples. Then eventually printed the labels and self-encapsulated the coins. Same for year sets as well. Would be odd to have so many holders that looked the exact same but were somehow unmarked. How would you know how to look to buy more of them if they're nameless?
The 1943 DDO Lincoln isn't original. It looks like the zinc coating was removed and left the bare steel.
It original, that is how they look.
Not sure why people buy so many high grade very common coins. OK to buy one of each for a type set I guess but would rather spend on middle grade coins that are more rare. As a collector I sometimes buy coins just because I like them without only looking at price. It does look they over payed on some of the stuff if they went by the grade listed.
Good Morning Daniel!☕ I guess maybe there is some rhyme or reason to such a collection. But I can't say the price of collecting in this case was reasonable!
Hi Daniel, It would be great if you had a show on paper currency, I have an old $10 that is very large compared to today's bills. I don't know where to get it graded. Have a good day. I love to put type sets together, you can put what you want in there, I wish I did it long ago instead of trying to fill an album up.
You need to click on the bell for all notifications, I just did a video on currency. Thanks
You got to watch with Fakes and those holders not silver at all not to say those are I have no idea
It’s just like I had a dealer look me in my eyes and tell me coin collecting is a hobby I should lose money as he is standing in his brick and mortar building with a salary and light bills etc wait what he is saying is coin collecting is a pick and choose hobby it’s ok for them to make thousands but it’s wrong for me to want buy coins at great prices PLEASE REMEMBER it’s ok if you want to buy coins a fair prices and money is lost or not lost when you buy the coin so do your research period and you DONT have to buy there coin if they want to much
I hate that dealers over the years have created the dumb idea of coin collecting is a hobby so it’s ok if you over pay when you buy coins it makes no sense at as matter fact half coin dealers say it’s a hobby so you should lose money in your hobby then the bullion dealers say it’s a investment so protect yourself buy gold and silver it will go up in value etc and most people of common sense want to protect there money hobby or no hobby not many just thrown money around with no care for what there buying or looking at msrp pricing this gets under my dam skin bad
Dealers didn't event it as a hobby or make it into a hobby, it is a hobby. It can be a long term investment if you buy correctly. Blaming dealers on why you can't make money is akin to blaming investment companies for your loses cause you sold the stock before it had increased in value. Long term is key for any investment.
Was wondering if you have seen this quarter? Normal front, back has a lady and that is all.
You can't ask about coins people can't see in UA-cam comments. You can't post images so this isn't the place to ask, there's several help communities to use online.
If YOU have it, NO!
I need help on how to organize and coin hunt. I got everything everywhere I guess I can go on forum and see about some advice on that
We all make mistakes stacking. I am not a fan of slabs because most overpay for them… but to each, their own.
It's called don't buy junk slabed coins buy from the big 4 graders
@@darioperez5084the big graders are also looking for profits to stay a float , I'd say find those you can trust 🤗
@darioperez5084 It's the same way with Sports Cards.
If it's not Beckett or PSA the card is probably worth more without the slab.
What if it becomes an addiction and you can’t stop and 85%!of your net worth is metals. And I make a decent living $160k-185 a year :-/
I recommend being more diversified, and talk to a financial advisor.
Uggg....more painted coins...why? 😒
I have never, and never will buy slab coins.
It's called don't buy garage grading coins buy pcgs ngc
I've got a couple Morgan's in slabs cause we're bout the same money as non slab Morgan's. Thought bout busting them out though.
I have around 5500 silver coins and none of it it's in a holder. I live in Switzerland and holders are not common or popular in my country.
Most of my coins came at face price. I probably have about $50 in silver coins totaled. not much to some maybe,
It might not be massive, but $50 face value is worth at least a grand.
If you're talking about 90% US coins anyway.
I buy coins for the silver/gold content only, for the most part. I don't ever try to pay numismatic premiums. When we get to where DC (both sides) has planned, in my opinion, the metal content is all they'll be anyway. Those premiums may eventually come back, but we're heading to another 1929 on steroids. I don't think I'm the only one who feels that way either. I see people as well as myself on whatnot stop the bidding right at melt so much. Could be a gem pcgs graded piece that normally goes for 100 to 120, but the brakes come on at melt or even less sometimes. Then comes the crying, over and over. Whatnot is blowing up on the backs of sellers looming bankruptcy.
I just don’t care for painted coins.
not very smart collector as he will never get what he paid for these below average coins. some people should do a lot of reading about the coin hobby before jumping in buying basically melt.
You are 100% correct. Won’t be a fun phone call with $ estimate!
Come on…”Z” less, it’s pronounced, “Zel less”.
Keep the comments about the content, don't worry about how I pronounce words. We all have accents, and if you can't help yourself, excuse yourself to another channel.
Help please. I am from East Africa Ethiopia. Because of learning from I started coin collecting. However, it is difficult to find a buyer here from Ethiopia. Please can you help me? There are over 400 coins in my possession but I stop buying them because none of my coins ever sold. Help help please.
Scam
I'll take them for free if you can't sell them.
Worthwhile? A box full of 20th century sliders...Well 1916 until now. Why bother?
Doesn't anybody collect large cents, bust or seated coins? There is ABSOLUTELY NOTHING interse.ting about this stuff...kid's stuff for people too lazy to study and learn some.thing about what they are wasti g there money on. And did you think this stuff was worth the bother?
Thinking like this ruins hobbies. You think people know what you know or should, then trash them for not being like you. You must be a miserable person.