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YoloBagels's Blog

11 Apr 2020

2020 NMS Grading Seminar

| YoloBagels


Hello everyone, I apologize for the lack of content over the previous few weeks. As a YN and a senior in high school things have been very hectic since I posted a blog post last time. Thank you for your understanding!


Back in November of 2019, my coin club in Rockdale had proposed to subsidize several members to attend the 2020 Introduction to Grading US coins seminar during the National Money Show in late February. This allowed me to attend the seminar at a fraction of the admission price, so it was a very good opportunity to take advantage of it.


The seminar was composed of twenty-six students and instructed by Rod Gillis, Bill Fivaz, and Ken Bressett, who are renowned in the ANA for their experience (co-authors of both the Redbook and Cherrypickers guide). The course went over some of the key factors that third party graders such as NGC and PCGS use. All students also received complimentary books such as the guide to ANA grading standards as well as the 2020 edition of the Redbook.


We began the class by taking our final exam… Weird, I know! The exam went over basic questions such as “what grade will an MS63 obv coin with an MS68 reverse grade” and “why do you want to avoid PVC flips?”. Later we moved to a presentation from Rod Gillis about the history of numismatic grading. He also happened to go over how the Sheldon scale we use today came to be.


For the rest of the seminar we looked at and self-graded slabs of various types of coins. These included morgan dollars, buffalo nickels, Walking liberty half dollars, and finally various denominations of pre-33 US gold. In teams of 5-6, we individually graded the coins and then conversed with our group about what grade they would receive. Rod would then go on to check if Ken and Bill agreed with each grade, and we’d gain points depending on how close our group was. As a small competition everyone did pretty well, I think most if not definitely all students took something from the course.


It was a very fun 2-day class. Prior to taking the course I had planned with an online YN friend of mine to meet up and take the course together. We had both missed a lot of work in school for the course and we both felt it was completely worth it. Overall I am very happy that I received the opportunity to take this mini-seminar, I myself have learned a lot and made several friends from it.The National Money Show at the end was a fine touch as well.


Thanks for reading!

-Chris


Comments

Kepi

Level 6

Great picture! You look like a tip-top student! Glad you had such a good time ; ) Congratulations on Graduation!!!

YoloBagels

Level 4

Thank you, I just wish it were under better circumstances! Hopefully this will pass over soon and things will get better.

Longstrider

Level 6

Congratulations on graduating High School and this class. I was lucky enough to have Bill Fivaz as my correspondence courses counselor. Great guy. Glad you enjoyed and learned. Thanks.

YoloBagels

Level 4

Thank you, Strider. Bill is a wonderful guy with a massive load of knowledge as well as a strong heart. Perfect to have as an instructor.

Numinerd9

Level 5

Oh Chris, Rod would be so proud that you remembered that the reverse of a coin usually doesn't help the overall grade, but it can hurt it; a 63/68 is a straight grade 63; nicely done, sir! I wish I could've seen/talked with you more at that show, but it was a busy one for me. Still, it was great to see you, and also to meet Trey, the other YN in that pic - you guys are two of the most knowledgeable collectors out there right now, regardless of age, and I am thrilled that I've gotten to meet you both. And I am so happy you got to take this class; Rod is an awesome teacher, but Ken B. and Bill F. are some of the most incredible people any of us may ever meet in this hobby; once in a lifetime opportunity to learn from legends! -Sam Gelberd, ANA Numismatic Educator.

YoloBagels

Level 4

Very nice to hear from you Sam, and yes I am very sad we didn't get to talk much though I did get to see Abby before things got too busy. Bill Fivaz is a member of the two coin clubs I attend and is a great stand up guy, I can always depend on him. Trey and I talk almost every day at this point, he has a lot of stuff coming up for him. It's a shame that summer seminar was cancelled, do you know if the ANA will be offering a second round of scholarships? I unfortunately missed the opportunity and was hoping to see if I can make it in 2021. If I end up going I'd definitely take your class!

Long Beard

Level 5

Despite my passion and joy of collecting, nothing brings me greater happiness than to see younger people carrying on this hobby. Few appreciate that a coin is much more than a form of currency for day to day transactions. In your hands you hold history and art. Thanks so much for the post!

YoloBagels

Level 4

Thank you for the feedback, YN participation can be somewhat scarce but as far as I've seen when a YN is interested they are hardcore. The class was very fun for all of us, Thank you.

coinsbygary

Level 5

What a wonderful learning experience and fun to boot! However, inquiring minds want to know, what is the grade of the MS-63 obverse and MS-68 reverse? I've seen the effects of PVC flips and the green slim that can develop over time and damage the surface of the coin. Congratulations on your graduation from high school! I hope that by the time commencements come around that yours will be safe.

YoloBagels

Level 4

According with what we were taught the answer would be an MS63, as the obverse is what matters the most. Yes PVC is nasty stuff, hard to clean off without messing up the coin sometimes. With all that's been going on I wish my graduation were somewhat better, we will be receiving our diplomas through the mail. Thank you for the reply, it's nice to hear from my ANA blog guys after a while.

Mike

Level 7

We need allot more of these. Im glad you had a good time and learning at the same time. Cant beat that!

YoloBagels

Level 4

I definitely did! Thanks for the feedback.

Mokie

Level 6

Sounds like you had a great time and learned a great deal, plus you got to meet an online friend, Win WIn WIn in my humble opinion.

YoloBagels

Level 4

Yes definitely. It was an honor to meet Ken and Rod, as well as my online guy for the first time. Also got to retouch with a couple of people I met at the FUN show as well. Thanks!

Golfer

Level 5

Would like to attend a seminar sometime myself. Thanks for sharing your experience. Sounds like a great time and learning experience. Thanks

YoloBagels

Level 4

It's completely worth it; travelling seminars aren't very expensive if one pops up in your area. You just have to sign up several months prior to guarantee a spot. Thanks for the response.

YoloBagels

Level 4

P.S. In case anyone is wondering I am in the middle with the red shirt.

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