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Spare Change Ep01: Coin collecting do's and dont's (gold and silver coins too)

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In this episode of spare change we talk about the things you need to know about coin collecting (Silver and gold coins too). We go over what type of American coins are out there to collect, what coin is worth what and how to avoid the scams when collectingIn this series we will also talk about other coins around the world.

Channel: Education
Uploaded: November 30, 1999 at 12:00 am
Author: markapsolon

Length: 12:26
Rating: 4.628415
Views: 27396

Tags: markapsolon  coin  collecting  gold  coins  silver  collector  collection  NGC  PCGS  ICG  liberty  numismatist  numismatic  bullion  morgan  dollar  peace  Indian  scam  scammers  Ralex  Global  Corp  ravalexcoins  ebay  

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Video Comments

MrJacobTiffin (November 30, 1999 at 12:00 am)
I have a question? If you exchange money for silver money and take the face value don't you realize a loss if so then would a Business realize a profit of a loss in face value.
MrJacobTiffin (November 30, 1999 at 12:00 am)
I have a question? If you exchange money for silver money and take the face value don't you realize a loss if so then would a Business realize a profit of a loss in face value.
USACOINScom (November 30, 1999 at 12:00 am)
This is a reasonably good primer for a new coin collector. This video includes information on coin handling, historical facts and coin grading. Mark talks about three good coin grading services, PCGS, ICG, and NGC. We've also found that ANACS (formerly part of American Numismatics Association) to be quite good. His comment about "basement grading companies" are spot on.
USACOINScom (November 30, 1999 at 12:00 am)
This is a reasonably good primer for a new coin collector. This video includes coin handling, coin grading and some interersting historical facts. Mark talks about 3 good coin grading services. PCGS, ICG, NGC. We've also found that ANACS (formerly part of the American Numismatic Association) is also quite good. His comments about "basement grading company" scams are spot on.
magicwestie (November 30, 1999 at 12:00 am)
IF YOU WANT TO SEE MAGIC WITH MY COIN COLLECTION CHECK OUT MY CHANNEL!!!!
SonicOrbStudios (November 30, 1999 at 12:00 am)
Awesome new series. I didn't really take the time to watch these when they first came out but I'm going to catch up on them now.
DixieDan3 (November 30, 1999 at 12:00 am)
@David4everling Are you okay? gold777silver clearly noted that Coin World found that ACCGS clearly noted that some coins were cleaned, whereas PCGS and NGC didn't catch the cleaned ones. How that translates to ACCGS "obviously sucks" defies not only logic, but basic language. One doesn't have to think very deeply to know that exposure produces popularity. Since PCGS spends millions of dollars on advertising and ACCGS, owned by the Beverly Hills Coin Club, spends ZERO on self-promotion.
Gold777Silver (November 30, 1999 at 12:00 am)
@markapsolon Coin World's investigation of 7 leading grading services was very extensive & contradicts your findings. In not one single case did the "big 3" agree with each other & in many cases, were as much as 7 points off. In most samples, Coin World found ACCGS was more conservative than PCGS & ACCGS correctly noted a few coins had been "cleaned" which were overlooked by PCGS & NGC. Not surprising, since PCGS graded many shipwreck gold coins without noting they had been in acid baths.
David4everling (November 30, 1999 at 12:00 am)
@gold777silver well then obviously "accgs" sucks at grading. I'd rather go with the majority. Because anacs pcgs and apmex are at the top for a reason.
Gold777Silver (November 30, 1999 at 12:00 am)
@markapsolon I don't endorse any grading services, but I know bias when I see it, either that or it appears you didn't read the Coin World article either. Coin World clearly stated that ACCGS was more "conservative" - your primary criteria. ACCGS graded a coin as AU that PCGS graded as "MS 63". Further, ACCGS graded a coin as "cleaned" whereas NGC, ANACS & PCGS didn't, which the big 3 did the same thing with the Central American gold coins - all were heavily cleaned, but NOT noted on the slabs.
 
 

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