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user_77425's Blog

12 Sep 2020

The Curse of YN Blogging

Young Numismatists Exchange | user_77425

I think that blogging for lots of YN dollars is wrong. I think that if you blog it's great but if are blogging twice a week for YN dollars it can ruin things for some people. Think about this if you are someone that goes to lots of coin show, does posters displays and is a very active person in the coin community and say you get $1000 YN a year. Then someone that wrote a blog twice a week gets $2800 YN a year. I think that blogging should be worth like $5 not $25 or it starts as 25 and the more and more blogs you write the less YN money you get. I did a lot of posters and displays this year and got like $250 YN and I don't think it is fair to blog for all of your YN dollars. One more thing about having all of that YN money means the YN auction prices go way up. If you are a newcomer like me and don't know about this it can make the YN auctions feel like you can't win anything.

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15 Mar 2020

Infomercials, Deal or Scam?

Collecting Tips | user_77425

All the time I see infomercials on T.V. but are they actually a good deal? I have done the math on lots of them and seen a 1 1/2 to 2 times over priced coins. One infomercial was selling all the Silver Eagle dates for $60 a peice when you could get all of the coins for about $20- $25 a peice (except the 1996). Another was a Double Eagle for $1000 over Red Book price. One thing they did was show how many coins were in a grade higher for the Double Eagle, but if you looked closely it was only PCGS graded coins. Other things I have heard said is: the coins were thrown in bags and sent by train and the Double Eagle is still in MS-64 and it is a 1900 which is very popular. Long story short infomercials are not a good price and I would recommend going to your trusted local coin shop and getting a coin for much cheaper. Also if you are going to buy from an infomercial read the fine print, there is a lot of information in it, like if you can get a refund or not.

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15 Mar 2020

Are Canadian Pennies Worth Much?

Coins | user_77425

I just went to a coin show and found a guy selling 1 pound of Canadian pennies for $2.85, with 98% copper. I asked around and found out that only a few dates are worth much. He said it was legal to melt the pennies because it is not US currency. Is that true? If so, I am going to try to melt them for copper.

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13 Mar 2020

The 1909-S V.D.B Penny

Coins | user_77425

The 1909-S VDB penny is very sought after, but is it as rare as most people say? At every coin show I visit I will see at least one 1909-S VDB. Even though there was only 484,000 made they seem to be very common. According to Coin Worldthe coins are not that uncommon. Is it just a marketing scheme like Black Angus is better than Red Angus? I think that over time of people saying the 1909-S VDB was rare even after new examples popped up, the theory caught on. Just like when people came back from WW1 from using the M1 Garand and called all magazines, clips. It is your opinion what you think about this coin and I think the 1909-S VDB is going to be "rare" for a long time.

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