Biggest Mistakes New Coin Collectors And Roll Searchers Make
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- čas přidán 25. 07. 2024
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Biggest Mistakes New Coin Collectors And Roll Searchers Make. You must do your research!
Here's my playlist to help you on doubled dies, what they look like, how they happen. / @coinhelpu
Worthless Doubling www.doubleddie.com/144801.html
Check out my website coinauctionshelp.com/
Was the link for me?
@@CollectingWorldUK it was for everyone
@@CoinHELPu ok I will take a look through thanks. Will you subbed to my channel? Would be a great help. I use to have a huge coin channel and website myself until I became unwell.
Just came back to start again. I like to support creators who are in to the same hobby.
Hi looked at you fake grading companies, reason why I never use ebay to buy coins.
IT THE SAME THING IN BASEBALL CARDS HOBBY IT GOING TO DIE. I BUY CHEAP CARDS . MY GRANDSON LOVE IT .IS ALL ABOUT LOVING THE HOBBY NOT FOR GETTING RICH
This video is a powerful lecture. So much to learn. You are a "professor" in your own right. Thank you, Daniel.
Thanks and you're welcome
His gift to mankind: radiant, gleaming in the comfort of the whole truth and nothing but the truth...so, as he help those that are of soundmindness and those that straddle the borderline; eventually most of them will see the light(?) May he continue in joy, of sharing himself, so willingly to all that respect and appreciate his wisdom. Thank you sir.
like this lady that wanted to sell me this indian head penny very common date, she thought it was worth a lot of money because her husband kept it for decades, then i took a look at it and researched the value and when i told her that ebay had the same penny for 3 bucks, man she got mad as hell she almost slap me LOL.
Wait until someone tries to sell you a well circulated clad Ike dollar for $1000. You will think you had kicked a hornets nest when you tell them it isn't worth more than a buck and you have no interest in it at all.
Yes, I've been there and done that more times than I can count.
Happens around once a week thanks etsy
von volts 😀😀😀👵🏻 Bless her heart.
I actually started with the state quarters. Then I bought a couple of the maps to put quarters in. I though I'd make one for each grandchild. Between grandkids and great-grandkids, I'm up to 14 now. I was also getting rolls of uncirculated quarters, until the banks quit getting them. I used to catch some of those late night coin ads, (when I got off work at midnight) and never trusted them. I started putting together a few of those books, a few years ago, and recently got back into it.
I found four 1969-S double dies, boy I was a happy camper; until I discovered that they were mechanical doubling! Lesson learned.
Hey Scott. All the experienced collectors I know say " Learn the minting Process and You will Better be able to recognize true errors." Wise advice!
@@bethcoddington2150
I've been collecting coins for 40 yrs, and errors and varieties for almost 30 yrs.
I have learned a lot over the yrs, and have discovered 5 new double dies varieties, and three have been in Coin World Magazine. I've gone alongways since then, and I'm still learning.
Have a great day, And keep collecting. Peace
@@scottholliday9308 Awesome! I love it!
Yes, we all are still learning. @Scott Holliday I would love to do a video on your experiences and finds!
@@CoinHELPu
I would be honored for you to do a video. 3 of the 5 varieties are in the Wexlers files, the other 2 will be added when he updates his web site.
On October 21, a coin I submitted to Mr. Wexler will be in the Variety notebook column in Coin World magazine: a 1963 Franklin half; WDDO-008.
Send me an address and I will send them down to you.
You and Shaun @ blueridgesilverhound are the only coin youtube videos I watch.
Thank you for the good information. I appreciate what you are saying. One thing that I would recommend to coin dealers is to try to understand the excitement that a person is having and be more of an educator than a jerk. I have gone to coin stores and shows and asked opinions about things that I am excited about to have them acted like I am an idiot for not being an expert. We all have different levels of understanding and education is so important.
Amen💯💯💯
I always take the time to explain and without being a jerk but coin dealers are very busy and most people do not consider this. Most coin shops can't exist just helping the amount of people who want to find something in their change. I recommend using CONECA for that, most coin dealers don't even know the difference between a variety or a mint error. Trust me on that.
if you have time to talk you have time to be nice. some people will speak a paragraph about how someone is wrong and get some little digs in but could have answer the question in 1 sentence and saved everyone time. not saying that's u . we all human everyone needs to slow down and take in the surroundings life is fast enough enjoy each other's company if possible
I'm in IT. This reminds me of my job. People call in thinking their IT issue is special, just like them, but little do they know I have seen that issue/error for years. Literally thousands of times. Fixed it thousands of times, but yet they don't listen. I would listen to this guy all day.
Getting flashbacks of my Kennedy half "no FG" hunting days. I have grown out of that phase of my collecting thankfully! I used to get really upset watching some of these CZcams channels who claim to be finding 100s of 90% and 40%ers in a single $500 box. I thought I must have the worst luck in the world because I was ordering $4000 in halves at a time and maybe getting 3-5 silver coins per box on a good day. After watching one of these guys pretend to find gold in bank rolls I realized these guys are full of it. I sometimes do work in one of the cash vaults in my area where they count and wrap change for banks. The guys at the vault explained to me that it's not possible for there to be gold in bank rolls. The weight would send them in to the "reject" pile of the machine, even if the size was identical. Thank you for all of your awesome videos. I appreciate your honesty. Honesty seems to be somewhat rare on CZcams.
Rookie Silver Stacker yep. I watched several of those videos. Always seemed odd they seemed to stop the video then restart with “oh look what we found in this roll”.
I know of only one coin roll hunting youtuber who I can confirm that his hunts are legit. It’s Rob Finds Treasure
@@Andrux0821 ha ha ha right 🙄
There are error/variety coins that are OBVIOUS but, thanks to you and some other channels, there are some error/variety coins that I would just pass right over because they are NOT obvious. Education is the key and you are an outstanding teacher. Thanks Daniel.
My son and I are beginners and we find these types of videos really really helpful. Thanks Daniel!
I just turned 56 on Monday. Impulse buying can be a very big problem. I have fallen victim to this myself. I 1st started collecting coins when I was 6. My Great grandmother would give me a Morgan Dollar on my birthday. Fast forward 40 years. I learned threw experience. Never bring cash or a credit card on your 1st visit to a coin store. Look, know what you are looking for, Look a 2nd time, then make your decision to buy or not. Great advice Dan !
Thanks
Great advice as usual. I’ve been collecting for years and my reason is because it’s something that was passed on to me by my dad. I do it because I enjoy it not attempting to find the “Big One” . I have a friend who knows I collect and he picks up good coins for me from time to time but his motivation is to make a few bucks, fine. Well recently he came to me with a Morgan CC, I don’t remember the year. But the price he was offering it to me led me to tell him either it was stolen or fake. He assured me it was not stolen. He said he paid 60$ for it. I then told him it had to be a fake. I took it home and tested it and looked at it up close. Sure enough fake, a good fake but no less fake. So he was out his 60$. I’ve never sold any of my coins and have no intention of doing so. I build sets for my grandkids so I do roll hunt and yes occasionally find errors, nicely toned and unique coins which go directly into a special binder, just because I like them. So I guess my advice is listen to Daniel and others like him and do it for the love not the money.
Wow Daniel you hit at least three important points. First collect what you like first and foremost, making money would be a nice benefit later but don’t start thinking of depending on that. Second, the hunter and fishing analogy fits, learn and then learn some more before you get your feet wet. Ppl see coin roll auctions and without knowing even the difference between 90 and 40 or many other nuances that need to be learned they want to get all in right then and there. It’s almost like a gambling state of mind, something I see a lot with stackers that treat silver like a stock. Wish they would get out or get shaken off on a big dip. There are lots of coin channels out there but I learned mostly from yours and JB coins. Keep up the good work!
This man is brilliant! Crystal clear in what he is talking about!!!
I have boxes of coins I've set aside over the years, pretty much when working in customer service jobs you handle alot of money and anything that stood out as "weird" to me would just go in the box. I'd say most of them end up being nothing really important, but they end up being interesting even so. One time we got a change delivery, and inside each roll of dimes, in the center, was what looked like a silver dime at first due to the edge being silvery color, so I was excited, and then it turned out they were chrome plated dimes from 2014. Why a single one was inside all 20 rolls is something I will never figure out, but saved them even so just cus it was weird and doesn't cost much to set aside a few dimes :D
I skip down my list and there you are. Choose you my friend, why? Cause your honest💗
Thanks for having a new fresh video on this wonderful hobby almost daily. You always have a different topic on this hobby. It's so informative too. As always, thanks daniel
This video should automatically come up first whenever someone searches coin collecting.
Wow! Your site coinauctionshelp.com is comprehensive and the answer to my dilemma. I have many of these coins and now can come close to understanding their value. Learning! Thanks so much.
I keep it simple! I coin roll hunt half dollar rolls for 1970 and older half dollars and stack US constitutional circulated silver coins! I took a deli job and I’m finding on average 5 silver dimes a week including mercury dimes ! Thanks for all the great info straight from the horses mouth !!!👍😝
You're welcome and thanks for watching.
You are missing a chance at the errors, though. I just went through 30,000 wheat pennies. Over 300 error coins, everything from blank planchets, double D's, BIE errors, you name it.
Once again, thank you for your info. I am new to coin roll hunting and right now I am more focused on filling the common slots than in trying to find errors - although I do examine everything.
Every vid you make is full of good wisdom Daniel. Thank you for creating them.
Thanks and you're welcome
I love mistakes because it forces me to see where I went wrong..
So true!
$5 mistakes are one thing. A $5k mistake?. Let someone else make those.
This video is awesome! Definitely need to share this all over. Will save people major money and headaches. As well as help bring some long term collectors into the hobby.
THANK YOU! This helps newbies so much!
It is refreshing to see your sincere, honest concern for the coin collecting profession. Good job and thank you.
Awesome information again! Thank you. I have made some of the mistakes you mentioned. I "fixed" myself in a very simple way. I bought a red book and started reading on how to grade coins. Not for the grading, per se, but the what to look for on a properly struck coin and to learn the different grades. I started putting the best looking coins in a book. I then went on to look for replacing those coins as I rolled searched. You do it that way and you very quickly learn shiny does not necessarily mean better. That's how I got my attention to shift to the strike of the coin regardless of shiny factor. Knowing which years are known to be weak strikes or great strikes and everything in between has been a leap forward in my books. Granted I only have cents and nickels, but I will be moving up in denomination once I have a better clue. I love the roll search and history of coins. The books are a nice, hey see what I have found. Keeps it cheaper and the wife happy that I am not trying to put a mortgage payment to the coins lol
I bought Morgan's that were graded by the two biggest grading companies. I bought them as I like the fine engraving. I also loved going through rolls of coins and finding Lincoln's cents with filled mint marks and dates. It was fun as I didn't think of the value.
Currently my favorite activity is to sit here search Penny rolls and listen to all your advice along with other you tubers you have so much knowledge thank you very much appreciated
I enjoy the History that I can vicariously visit that timeline through. I purchased my first coin at a little coin shop on Route 66 as a freshman in high school. The dealer sold it for the quarter that I had in my pocket, I thanked him and he in return said, have fun with this new hobby, I still enjoy the hobby of collecting, I don't stack, I still enjoy the history behind coinage. And once again I thank for sharing your knowledge of my favorite hobby.
I just want to thank you for sharing all of your experience and knowledge with all of us. My grandmother started me, collecting coins when I was 6 years old, but we basically did it as a hobby, so I never learned about the coins or the values,etc. Now that my children are grown and I have coins for them, I've started really researching and have been learning the most and most honest information from your channel and just want to say thank you for helping me be able to give them coins that truly are valuable financially as well as emotionally. Many blessings to you.
You're welcome and thank you.
Another informative video that helps the coin community. Keep up the good work.
Thank you for sharing all your knowledge. I started collecting a few years ago and I tell you what I wish I found you then. I made mistakes purchasing coins online but with your help I've become more savvy when purchasing. Thank you again for everything
Thank you for your honesty. It is a pleasure to listen to you.
I have been a on and off coin collector since my father gave me his collection when I was about 13. I am now 61. It's frustrating to see 100 year old coins my dad pulled out of circulation in the 1950s worth almost nothing.
Excellent advise for collectors. Thanks again for good info 👍🏻
Daniel l really appreciate your No nonsense words of advice. I've been in this all my life & have heard almost every story in the book. Thanks
Excellent video. Learning about significance of (even seeing) die marks associated with known errors is hard. Fun learning but still hard.
Well Said Brother, Thanks for sharing all this information with us!!! Keep your videos coming!!!
Hi Malvado! How are you?
@Beth Coddington, Hi im doing good. how are u doing?
You're welcome and thanks for watching.
You see a ton of coins from day to day and I’m sure there are people that think they have the most valuable coins in the world but then they are told it’s not so. I’m sure they get mad but if you take a test at school and think you have studied enough and fail the test then you get mad at the teacher. It’s sorta the same thing. I completely agree with you know your coins before you think you are an expert. My LCS owner is always busy looking at books and learning about coins so how can someone in the hobby know all after 5 months??? Great Video Daniel!!
Didn't know about the worthless DD. Thanks for keeping me from making a stupid mistake!
Well...after watching several of your tutorials about coins & collecting, I wish I'd seen them FIRST before going off to Ebay & buying coins. Fortunately, I've only spent less than $400 on coins but now after watching your videos, I doubts about at least a few of them. I WILL be much more careful from now on thanks to you. BTW I'm going to a local coin show in 2 weeks but I don't think I'll take more than $100 with me so I don't get burned too badly if at all, Thanks again for ALL of your wonderful guidance & advice!!!
Thank you very much. Most excellent information. I’m a beginner. 64 year old with a small mound of coins I’m looking at with my magnifying glass recording dates and reading as much as I can. My intention is to collect, learn, save and pass the change down when I’m worm food.
Thx for the tips. I coin roll hunt small game for fun (and to fill my albums), so I keep my expectations low. Still cool to find buffalo nickels, IHPs, or silver dimes.
You're welcome and thanks for watching.
Indian Head Penny.
Cool! So far I've pulled a 1900 and an 1880 from rolls.
I grabbed my wife's coin purse once to fish out a quarter and saw this odd reddish looking coin, looked so fake but I grabbed it anyways, it was a wee bit smaller than a dime. Turned out to be an old gold 2 1/2 dollar eagle and I ebayed it for 835.00. That will never ever happen again. Like ever.
And it was a coin shop that bid it and knew what they were looking at.
Thank you Daniel! Have a great day too!
Thanks again, Daniel!! Though I am continuing to learn from you, and am keeping an eye out for strike variations, it's a brain strain at my age to go too deeply that direction!!😊 I'll visit with you personally about my collecting preferences when I see you in a week!!!
Thanks and you're welcome
It is refreshing to see honest sincerity and concern about the profession of collecting coins. Good job.
Well said. Thanks for this very important video. So helpful!!
Once again...a bounty of very informative information. I've been collecting for about 7 years now and everything you've mentioned i have seen and sometimes had to learn the hard way! Thanks and keep up the awesome job!!!
You're welcome and thanks for watching.
Daniel, thanks for the great advice. Truly helpful. 👍
I definitely enjoy learning how to get it right by listening to your knowledge thank you for being awesome!
Thanks Daniel love your expertise great information like always
I read body language, and You are full of 100% TRUTH! Thank You. I have learned a lot from you. :)
Excellent information. Thank you.
Thank you!! Excellent advice.
I appreciate these videos you do. I've been. Doing alot of studying on coins. Your tips help
Thank you a bunch I like watching your videos cause theres no bs straight to it keep it up.
Thank you for your honesty!
I think I'm ready to start trying to sell some of my coins after 3 year's of collecting every coin I receive as change as well as some I have collected over 35 year's.
I love your videos. You are so awesome and honest.
Hope I am not disappointed. Your videos are a insperation.
Thank you for the information, it's great to hear your point of view!
You're welcome and thanks for watching.
I am definitely more of a silver stacker than a coin collector but I am absolutely guilty of overpaying and buying without researching first. My first coin/silver purchase ever was a Morgan that I overpaid for. Not a huge mistake but I learned from it and now I avoid Morgans just because of their high premium
Thank you very much!!! I trust your channel a lot!!
Thanks for honest advice!!!!
thank you for the information, once again i learn something new.
Thanks and you're welcome
Good video all good points. Would love a field trip to a mint to see the process and dies. Lived next to Philadelphia m as my years ago wish I had DH one it then. I heard Carson City has a great museum and hope they mint the dollar coin next year.
Huge like my friend! Thank you so much for sharing this valuable information!
been doing this coin thing about a year now...have learned so much from you and your videos...you have saved me from being a fool at times...I do not trust anyone else when it comes to these coins...I don't know if I'll ever make any money, I love saving these coins...I just can't find myself letting these go...thanks Daniel for all your input
You're welcome and you should keep what you like. Value isn't always important!
Another excellent, productive and helpfulful information you shared. Thanks a lot.
Thanks Daniel for all your hard work
That car analogy has changed, first time in history though. Gre
Great video!!!
Hi Daniel, another great video.
You seem to never stop giving some of the best advice, tips and information for all types of collectors! I must say I am in the U.K. But along with our coins coins from the USA are second best, I absolutely love the history of your coins and everything about them.
Until the next video, thank you and take care.
You're welcome and thanks for watching.
Very eye opening information you gift to most honest amateur coin collectors, just like me. I love your show, just want to add, coin collecting can become a bit addictive. I do love it, thanks again.
Thanks and you're welcome
Best video yet. A lot of great information. I feel I am personally guilty of a lot of that, just having started out. It's good to hear it from you though. You have been in the business a long time and yeah, you probably most definitely know what you're talking about and you've seen a lot I am sure. I think that's the big takeaway here for me. I am just going to do just what you say and have fun with it, fill some albums, collect all the different coins I find that are neat, keep the ones which look nice. Collect as many different ones as I can, ones that I like and go from there. Thank You for this video very much!
Hi Daniel, I have stumbled across your coinhelpu channel and I really appreciate it, so Thank You!!! As a new collector and I'm learning alot and need to learn alot more.
I appreciate your time in putting the time and effort into make them.
You're welcome and thank you
Great video. The middle where you explain how people hear what they want and miss what they don't understand also holds true for real life. I find all your stuff very informative keep up the good work.
Yes, we see it in religion and politics and sports lol
Thanks for sharing Daniel
You are sooo right about us newbies.Once again Thanks Daniel, Your expertise and knowledge is encouraging and resourceful!!
I got all inspired watching these coin roll hunters. Ordered me $1000. worth of 50cent.. didn't find a thing. I'm let down but ordered quarters for this week.
All this advise and observations are spot on. This takes some research and time not just money. Thanks for your videos. I'm going to look back and get eduma cated..!! Thanks Again!!
You're welcome and thanks for watching.
I'm not much of a coin collector. Just making a set that my dad started as a kid, and I just picked it back up. Although, I think I've been running across a bunch of chips and small errors like that. I also think I just found a 1944 D over S penny. I'm not sure I'd ever pay much more than face value for it. I just like going through rolls or a bag of wheat pennies. It's kind of a calming hobby for me.
I sincerely appreciate the unconditional kindness you provide by sharing your numismatic knowledge. I’m 65 and don’t expect to get rich through my new study of coins; but learning that I’m on the right track is good to know so when I kick the bucket my sons can split the treasure and maybe continue what I started or cash in. 🤓
As a new collector I've learned a lot of these lessons over the past few months, thankfully without making a lot of mistakes along the way. The biggest one for me was learning about mechanical doubling vs double die (as you mentioned). Just about to get my first batch of coins back from PCGS which will, I guess, tell me if my grading estimates on mint state coins are accurate or not.
Love the fact I started collecting at ten, sitting at a $5 card table bouncing between filling little blue books with yard work money and glueing models together. Simple entertainment with modest expectations. 40 years of collecting some real treasures found and glad to see young people in my family gain interest but if I hear one more young person tell me they found a million dollar penny I’m gonna punch them in the head,lol. ( just kidding) Do it because it’s clean fun and interesting, value will come with discipline. Thanks Daniel.
LOL! Thanks for sharing
I am both, new to collecting and coin roll hunting, but it is addictive , I just love pretty shiny coins, knowing full well they aren't valuble i still like looking for them!
Thanks for very good info. 👍
I've mostly been a silver stacker. Bullion, rounds. Been getting into other stuff like Morgan dollars, Peace dollars, Walking Liberty halves. Lots of good info! Subscribed.
Thank you!
I've been buying Kennedy coin rolls from Etsy. So far about 40 rolls. Yes I've spent a little money buying these. Some are reasonably priced. In these I found a lot of Bicentennial. 1 40 %. I was happy to find one. Hoped for more. Here's why I bought them. 1. It's better than wasting money on a scratch off or lottery ticket. I still have most of my money after searching. 2. Wanted a bunch of Kennedy's. Can't find them at my local banks. 2. I had fun. I enjoyed looking through these coins and will look for errors. Will buy a few more and stop. It was worth the fun it gave me.
I love your informative videos Daniel Thank you very much
Another great vid man.. Thank you..
This should be a disclaimer Daniel tells it like it is props :)
Daniel, I just have to make a comment on your teaching ability, your amazing knowledge, I am so glad I found you. I really wish i had known you when I was young boy carrying around my blue book, just dreaming.....The only sellers I could find were in the classifieds of a comic book!! I
m not buttering your popcorn, you truly are amazing!!!!!!
Thank you, I appreciate it.
Such great advice ! I would just be greatful to whomever has told me about a misstake I've made, intead of getting angry, learn from those misstakes and try not to make them again.
Think about swimmers who are very 'strong' swimmers and won't put on a life jacket when swimming or boating, even they drowned at times . 70 precent of folks that 'drowned' would be still alive if they'd just had worn a life jacket.
Your 'life coin jacket' is to never stop learning about coins, learn on your own, learn from others, learn from mistakes, common sence.
I thank you sir for being such a great friend as well as a teacher.
Thank you
@@CoinHELPu You are so welcome 😙 Your videos are the first in my video feed.
It's something when you go back in time and learn about how folks once cut off pieces of their coins to buy things, I think that's why they put the ridges or writings around the edges on the coins so folks could make sure nothing was cut from the coins.
Well, if you have a Pine tree, take some Pine needles off, rinse them and put them in some boiling water and boil a few min to make a Pine tea, it has more vit. C then 2 oranges. 🖒😎
Boom. I needed to hear this. Im going to get educated a little bit better. I've been noticing certain things don't match with Wexler and keep wondering why almost im never right or never wrong. Im that impulse buyer aswell.
Good video, I am a newbie, one of the reasons I watch your video to learn from someone who has experience
Great information I don’t know much about coins but watching your videos helps.
I am a new coin collector , Daniel you are the best lecturer I got, I learned a lot from your presentation, again you are the best
Thank you
Great honest information!
Dan great video, it took me back a few yrs. I remember making those mistakes! Had to watch it against, thanks.
You're welcome and thanks for watching.
Such an informative video thank you.
Love your channel keep it up.
Daniel
I'am a beginner to this and have to tell you i REALLY APPRECIATE you putting out these great learning videos i have been learning a lot from you please keep them coming thank you for taking the time for us rookies lol seriously thank you.
Dave
Thanks Daniel! I have thought about stacking a little bit because I enjoy coins! I love coin roll searches for fun also! Very Good Advice & a Great Video! 💥👍
You're welcome and thanks for watching.