Jason Abshier

If I won I would spend it on more rarer type of high roller coins the best of the best (the stuff that’s out of our reach) … my collection I have now I would keep adding to it simply because numismatic collecting is in my blood, also invest a lot money into properties and so on … probably never work again 

On 8/1/2023 at 7:29 AM, Josh Lemons said:

Very cool.  I love notgeld as well because of the variety of interesting designs. The gilt white porcelain ones are stunning.  Here's my example.  Though I usually stick to minor coinage, this is my largest coin denomination..1/4 Million Mark!  It's aluminum and graded MS63

I don’t have 1/4 million mark in my collection I have few other notgeld coins in my collection at the safety box at the bank … but inflation in Germany was definitely an interesting read during and right after WW1 going through Weimar Republic years and depression years leading up to WW2 and rise of Hitler and Nazi idealism and holocaust , POW camps and so on …. Minor coinage has a lot bangs going for it during this time frame in Germany definitely keep a collector really busy trying to collect every mint and design made during that period is utterly impossible, I mean there’s so many pathways to go down to collect concentration camp coinage (holocaust coinage) , military issue coinage , POW camp coinage, notgeld coinage …

but for Notgeld coinage I recommend Robert Lamb’s book on Notgeld , I also have Walter Funck’s catalog as well I have both in my numismatic book/catalog collection entirely devoted to Notgeld coinage … there’s also Peter Munzel’s catalog on notgeld  coinage (I believe it’s 3 volume catalog , which I don’t own) …. but I find Roberts Lamb to be more better catalog for notgeld coinage compared to Funck’s catalog 

On 7/31/2023 at 5:53 PM, smashan8 said:

That's true. Allot of people are in it for the quick buck

Collecting becomes a passion of  a lifelong obsession it’s not about money to most of us when we are putting our collections together is more for the love of the hobby… We been at it for long time devote a lot of our time studying a series of coins learn as much as we can… when I was growing up my grandfather , uncles and my father were collectors it was common for my grandfather to take me to coin shows and so on if it weren’t for my grandfather and uncles I probably would never been involved in coin collecting today like I am (although I do collect/invest way way more into coins than my grandfather or father ever did in their time)  ….
 

However my grandfather and my uncles mostly collected US coins as usual …. Now a days for last 10-13 years I’ve collected mostly German coins that whole different arena in coin collecting some information simply can NOT be looked up online I had buy books and catalog (mostly written in German language) and study and study the old fashion way to learn about German coinage I wanted to collect I haven’t looked back on US coinage for a long while nor bought any US coins for long time … The more educated you are the more better you’ll become when making decisions on buying coins for your collection it takes years to hone in that skills …I e never looked at my coin collection as a “gold mine” to make some $$$ on it … in fact I hope when I get older one of my kids take the collection I do NOT want a single dime back that I spent into it over all years other than I had the enjoyment putting it together 

@smashan8 welcome to forums . To start off since you’re new to the Hobby be very very wary of watching YouTube videos on coins ! A lot of misinformation now a days on YouTube….

however please take a trip over to “US , World and Ancients coins” forums and look under “post your most recent Acquisition US” and “post your most recent Acquisitions World” coins you’ll see what some of us are collecting coin wise how we are building our own personal collections

then ask yourself “Why” we don’t look for this “modern error” stuff because we been around for long time collecting and not wasting time listening to rubbish YouTube videos giving out wrong information on coins that are not worth a hoot ! It’s fun at beginning to roll hunt and learn but you’ll learn more on here from “serious collectors” than you’ll ever learn from a YouTube video 

Now the newbies have something to look for instead of boring us to death with parking lot coins post after post or so called errors and made up varieties and so on here …. Thank you to the US mint ! 

I’ve had no problems on MA-shop all my coins arrived as I expected them too I’ve bought a good 20-30 coins on MA-shop over last 4 years graded and Raw coins both not one single problem with any of sellers … also bought about 5 or 6 German numismatic books on MA-shops (which isn’t easy to find on US market) one book was tough to find however a German coin dealer went out his way and found me a copy of the book 2 week later emailed me he found one! sold it to me for a good price compared what everyone else was paying for the book in previous auctions 

On 7/27/2023 at 10:34 AM, Mike Meenderink said:

When I search online (usually eBay) for these coins I strictly look for NON DEALER sellers with crappy or small pictures and wrong or bad descriptions. Sometimes I look for "lots" that layman collectors are selling. Many sellers do not know of varieties or attributed errors and some even post key date coins in lot groups. I look carefully and examine these posts. I have been successful in cherry picking many many rarer key date and variety coins in this manner. Its addicting. 

you’re right again there’s still some good stuff to be found on on eBay even Facebook market place local sales and so on ,  if one takes time to learn and look for it … I haven’t collected any US coins for long while I mostly focus my time on German coinage and Exonumia 

On 7/27/2023 at 9:59 AM, Mike Meenderink said:

Jason thanks for the response. A 1918 S in VF XF is worth $200-$400.00. This one is an FS 401 Variety called a 2 Feathers. The head dress is supposed to show a 3rd feather tip between the neck line and the other long feathers. Due to late stage die erosion these details were left off some coins. This variety adds value to the coin as much as $150 over non FS 401 coins in any grade. It is a verified attributed variety at all TPGs such as ANACS, PCGS and NGC.

 

You’re correct I long forgotten about the 2 feather variety I wasn’t looking good enough at your picture …thanks for correcting that 

Been long time but I used to collect Buffalo nickels seriously back in the days but I sold off my Buffalo collection long while back haven’t looked back since but I used to study the series a lot … I’m little Rusty here with Buffalo nickel series been a good 16-17 years since I bought/sold a Buffalo nickel 

1918-S is a scarcer date early year Buffalo nickel if I remember correctly  … your’s grades out to be VF to VF+ I’d say it’s worth anywhere $40- $75 to the right buyer (these are just estimated I didn’t really look into the pricing on current market today)  …. Higher prices are seen for Gem graded Buffalo nickels more in Grades MS64 up to MS66 is pretty scarce to find in good high grade … is there anything really special about it ? Not from what I see in photos… there is 1918/7 Overdate Buffalo nickel but that was a 1918-D and not the S 

You’re right you found one ! Take it nearest coin dealer and ask for $1,000 tops … Then come back and tell us how your experience was with the local coin dealer 

Nothing wrong with roll hunting but you’ll be very disappointed finding a true error in roll hunting is like needle in the haystack … most errors been cherry picked … you might find occasional “W” mint mark quarter while searching rolls there’s a few varieties out there as well ….
 

If you want to get into error coin collecting ? You’re gonna need to study and research a lot and don’t listen or watch  “so-called error collectors” on YouTube or something like that (just a heads up you’re wasting time watching these videos) so don’t … They give out the wrong information makes new people join hobby look like fools walk in pawn shop or coin shop trying sell a coin they believe is an error that they found simply because YouTube video told them … When it was nothing but post mint damage they got a shocker from a coin dealer  (don’t laugh , I heard it happen to someone and they were really embarrassed) I find it rather Pathetic (another is new collectors buying “raw” error coins on eBay or somewhere else getting ripped off when it was not an error at all) … a lot of them YouTube videos need removed for misinformation bad bad bad it’s like cancer that spreads in our collecting hobby … 

best way to learn error coins buy a few books on errors (for reference) speak with other error collectors on here they’ll give idea why error coins you want to collect , mostly classic error coins that been graded and so on bring premium worth collecting most of the modern stuff is either a hit or miss value wise 

I always heard Milk spots on pure silver coins was results of the mint washing the planchets in a solvent/degreaser bath before annealing process not all solvent or degreaser is washed off properly before annealing process …

It happening on all type of silver .999 coins even world silver is getting these milk spots it’s not just a US mint problem it can happen anytime even in the original mint capsule it can still develop milk spots there is no time frame when a milk spot can pop up on a coin could be a few months or few years from what I read on the subject …. 

Since it’s a raw coin you might have to dip it to remove the milk spot if it bothers you that much 

best advice I can give you when looking for coins or starting out ? Try buy “key date” coins they are always usually in demand … study study study and study more when you think you read enough and studied enough ? Keep on reading !!! The more you read the more knowledgeable you’ll become that’s what makes a good smart collector … read on old price market trends VS newer market trend you’ll see how coins been doing the last 20 years or so compared today … it will give idea what coins are in demand on the market …. There’s a lot to learn about coin collecting before you even purchase coins do some studying first 

On 7/22/2023 at 10:05 AM, J P M said:

 

It may still go a lot higher. I bid every Sunday and most of the time the last 1/2 hour is crazy bidding.

As usual ! Sniper bidders 

Pretty neat to see a batch of them together something you don’t see everyday usually it’s one alone that goes up for sale from every once in a blue moon. I believe last I read only like 40ish estimated of black slab gen. 1.0 NGC holders were out there ….
 

Wonder if they would of sell better on heritage auction VS GC ? A lot more high rollers on Heritage auction would of probably drive prices up on them through the roof to the moon … 

I myself never had patience to complete a full series or set of coins or just became to bored with a series . But congrats on your achievements.  

On 7/17/2023 at 11:50 AM, Roy Winters said:

I love the colored/painted coins.  I have a couple of maple leafs that are totally colored over.  I am not sure if they will grade or not, but when there are only 500 of them out there, if they ever do get a grade, hopefully they will be appreciated someday.  I also added a titanium coin.  I guess i am in the Minority lol.

 

 

 

 

 

 

 

 

 

They look cool something different to look at for a change… are they directly from the Mint they were issued from ? Were they colorized buy the Mint that produced them? If so NGC/PCGS will grade them ….
 

They won’t grade any colorized coin that was done by third party artist … you have be careful if you want some colorized coins graded some third party artist buy bullion coins then paint or colorized them (then supply the personal COA with their coin they painted to sell to public) this won’t pass satisfaction with NGC/PCGS during grading they consider those coins altered… it has to be done by the Mint directly and documented with the mint then and only then NGC will grade them … so check with the mint they came from and confirm they were offering these coins colorized 

I’m not too familiar with US minted stuff or bullion being painted (colorized) not sure if any US coinage or bullion is colorized today I don’t think so I could be wrong ?
 

But most of the world bullion stuff is coming out colorized from their respective mints where they were produced and offered for sale standard colorized they are accepted by NGC/PCGS for grading …. It’s making a new market now a days

coins that were hot property and lost their value ? There’s tons and tons of US coins modern and classic that lost a lot of value over the years … take ASE for example TV dealers / big dealers order monster boxes of them every year ship them off to grading tons and tons of money been spilled over that MS70/PF70 ASE then market cools down in a few months after they been issued and graded… 

now for classic coinage take Commemorative half dollar series was very hot property in 1980’s guys were spending thousands of dollars on a single coin… by 1990’s most of the coins in series lost a lot value today you can buy them in MS65 and MS66 for couple hundred dollars … huge lost in money… the problem with the US mint stuff is it’s too popular and it’s also massed produced in large quantities nothing is really rare at all anymore why they call it a “rare coin market” ? I have no idea … doesn’t seem to rare to me … there’s some coins are rare but 95% of the stuff is not rare at all 

On 7/16/2023 at 11:00 PM, powermad5000 said:

I am sure there is a market for the gimmicks because they sell and people are buying them. But what happens to the prices when 20 years have passed and the craze is over? Also, they are mass producing these things so it's not like it is a rarity

You bought up a good point … right now all this modern stuff is grading out 68, 69 and 70’s hot off the press as soon as it hit the market …. It’s doesn’t circulate ! What will market be in next 20 years ? Probably dead in that sector…. Me I would aim for lower mintage modern stuff it might appreciate in near future if I was heavily involved into collecting modern issues which I’m not… stick with mintages lower than 500 or 1,000 or perhaps 3,000 it might just keep buyers interested in future but who knows …. But I do see ASE a dead end collecting not really worth pouring a lot money into silver eagles hoping to gain back a lot unless silver shoot up in price … but I do see modern graded 1oz silver graded and Raw with low mintages as collectible piece it should be treated as a collectible coin despite its silver content … same as Morgan dollar it has silver ? Yes ? Can it be expensive ? Yes ? Can you get cheaper ? Sure a worn down Morgan dollar is only worth its melt on current market standards at the time 

I can’t see investing into ASE that been massed produced in large quantities when they grade out 69 or 70 … there’s just no play between grades like a circulated coin 

On 7/16/2023 at 5:06 PM, Mel_in_PNW said:

This is interesting and explains why a dealer got so mad at me in 2019 when I inquired about getting a 2oz CA Moraine Lake coin graded

Any dealer who gets mad at someone for a simple question? … turn around and walk away!!! RED FLAG that dealer … Most of the dealers I’ve encounter are down to earth people … they take the time to “educate” a new collector or even a veteran collector a lot dealers are very knowledgeable in certain series of coin collecting they spent years and years studying and gaining knowledge … 

On 7/16/2023 at 7:06 PM, J P M said:

I don't know of anyone who can get a dealer to give you a ASE for spot price. I have always had to pay more. Not a lot more most of the time $3 to 5 over, some dates a bit more. I was not buying a monster box only buying single date coins also.

Dealer needs to make money on anything weather it’s silver bullion , scrap silver , collectible coins whatever the dealer will always have the upper hand… take one back to them they’ll only give you half price or melt value or not accept it at all … however they will be glad to take PF70 or MS70 modern bullion and mark it up way way way past melt value because they know some one is out there will buy it eventually