Im bullish on silver and gold in this market. I'm glad this show is here to educate. You blend my two favorite things so well, finance and "pop culture".
This market feels a pinch like NFTs to me. Tremendously nuanced, lots of over-saturated niches that will go nowhere fast and some blue chip gems that will prevail over time. Also... if you're personally interested in a coin, buying it for a slight premium is irrelevant if you are far-sited and enjoy the investment, and I see many people rationalizing an NFT investment because they "like the art" in the same way. What's interesting is that NFTs have done rather well during bearish crypto trends - indicating a similar pattern to collectibles and the equities market. I think the desire for country agnostic stores of wealth will continue to grow and I definitely think a market like ancient coins could be a great intersection of precious metals (inflation hedge) and collectability. Thank you again for making these videos, I'm learning a ton from you.
Almost through your video libraries, great content, really helps me get through my work day! I literally just listen, will actually have to start from video 1 again and watch them on my weekends, thank you for honest knowledge!!!
Hello Shawn: Is there a strong market preference between black core or white core NGC slab holders? I tried to research the history of NGC slab changes, & reasons why some would prefer one shade for certain types of coins to not appear too dark & fail to stand out. On Ebay recently, a seller ended auctions on multiple copies of the same modern coin design+year (2017) in NGC PF-70. Although very similar coins (at least in the photos from what I could observe,) the NGC slab varieties greatly differed due to multiple types of special labels with flags/logos, 1st/early releases, & core colors. I did not purchase any of these coins while still learning, but my initial guess was that the "early release" + black core would have fetched the highest premium out of the lot from the same seller using similar auction description titles. However, I was wrong: the white core "1st day of release" ended with a +50% premium, & greatly surpassing the other varieties instead. The coin I would have guessed that was more desirable (black core + "early releases") ended up as the least expensive alternative among them when the auctions concluded. I can understand myself being a Timmy Poindexter, but was I simply bamboozled by other Timmy Poindexter here too, & we're all nitpicking over the wrong characteristics? Do you find general patterns you've recognized surrounding the NGC holders, the market, & subjective tastes? Or is it simply too subjective, & the pricing swings too wildly based on individual buyers' personal preferences for labels, etc?
I wrote this on another video but wanted to let people know that the 1934s peace dollar graded MS 66 + by PCGS that sold for 79000 at auction and is now asking 99000$ from the current owner was graded MS 65 by NGC and then regraded MS 66 by NGC after it was resubmitted. So if you’re an experienced grader you can find some quality gems graded by NGC not just PCGS.
Yes. Both are very respectable companies. It’s been awhile since I went through them though, but that may change soon depending on the material they have at auction.
Hi Shawn. Thanks for the great content on the collectible markets. Do you think you could do a video on which collectible markets are currently in bubble territory?
Love the videos man Please more pokemon TCG vids :) I also think the market is a bubble but I'm curious to see your walk through/analysis of what you're noticing overall. What are the red flag indicators etc.
Shawn, do you collect or invest in any world coins? I would be interested in hearing your perspective on that market. As someone coming from hobbies like Magic and video games world coins appear much more affordable for someone interested in collecting high grade, historical coins.
Ancient coins, yes. I am fairly knowledgeable in world coins and will cover that topic in an upcoming video. I am mostly invested in US classic coins at present time...
Great content. How much credence do you put on the idea that green holder PCGS coins were conservatively grade and thus may be cracked out and graded higher today?
There is some credence to that fact, but it’s still a crapshoot. I personally, would not pay more for a green older holdered coin, unless the coin also showed exceptional eye appeal.
Does this mean one should assume a non-CAC coin is over-graded because presumably, any good dealer would have already sent it to CAC due to the price increase?
There is already a service like this for comics called a CVA Exceptional sticker. They almost always sell for a premium due to their "exceptional" eye appeal. However, the sticker is not yet established enough with most collectors as is with CAC.
modern coin market has been flat for years... it has been such a disappointing investment/hobby. PCGS/NGC, CAC stickers, and specialized labels are just pieces of plastic that has lead to market manipulation as more and more people are paying huge premiums for the plastic and not the coin. we are seeing the same thing happening to CCGs like mtg and pokemon including the graded video game industry. these grading companies are so inconsistent in their grading. it's all just a big joke...
@@306Marvin I'm just a beginner, but I wanted to buy some specific modern-age foreign coins, & I had to be careful to research their original production styles to prevent accidentally buying a coin that was modified after leaving the original mint to resemble a more expensive version. Example: A seller coloring a non-gilded silver-only proof to appear as the original gilded version produced by the mint. Also, the original CoAs get lost, or sometimes the seller provides the incorrect one with higher production serial numbers. (CoA with 1,000 quantity, when the original coin's production run was limited to 500 copies, etc.) I do not know if NGS or CGCS have ever mistakenly graded semi-counterfeited foreign coins (real coin, fake colorization), but some of the foreign colorized coins would require additional research & scrutiny.
@@306Marvin It's just that the owner of CAC is a US coin expert, not a world coin expert. It is harder than you think to grade world coins... It does matter where it's from as far as how you grade it.
Great value on this channel. Love this coin series.
Here for the 👍 algorithm 😊
I'd bet something similar to CAC Stickers will eventually come to the sports card hobby. Many grading companies and a lot of variance.
Im bullish on silver and gold in this market. I'm glad this show is here to educate. You blend my two favorite things so well, finance and "pop culture".
I collect numismatic coins because I really enjoy the hobby, making a profit years from now is just an added bonus for me :) thank you Shawn
I love all your coin videos, thanks Shawn
just discovered this channel - this is what ive been looking for!
This market feels a pinch like NFTs to me. Tremendously nuanced, lots of over-saturated niches that will go nowhere fast and some blue chip gems that will prevail over time. Also... if you're personally interested in a coin, buying it for a slight premium is irrelevant if you are far-sited and enjoy the investment, and I see many people rationalizing an NFT investment because they "like the art" in the same way. What's interesting is that NFTs have done rather well during bearish crypto trends - indicating a similar pattern to collectibles and the equities market. I think the desire for country agnostic stores of wealth will continue to grow and I definitely think a market like ancient coins could be a great intersection of precious metals (inflation hedge) and collectability. Thank you again for making these videos, I'm learning a ton from you.
Almost through your video libraries, great content, really helps me get through my work day! I literally just listen, will actually have to start from video 1 again and watch them on my weekends, thank you for honest knowledge!!!
This was a very fun and informative video to watch!
Great series of vids so far. Looking forward to more 👍
You're definitely going strong! I'm always learning new things with your channel, keep it up!
Hello Shawn:
Is there a strong market preference between black core or white core NGC slab holders?
I tried to research the history of NGC slab changes, & reasons why some would prefer one shade for certain types of coins to not appear too dark & fail to stand out.
On Ebay recently, a seller ended auctions on multiple copies of the same modern coin design+year (2017) in NGC PF-70.
Although very similar coins (at least in the photos from what I could observe,) the NGC slab varieties greatly differed due to multiple types of special labels with flags/logos, 1st/early releases, & core colors.
I did not purchase any of these coins while still learning, but my initial guess was that the "early release" + black core would have fetched the highest premium out of the lot from the same seller using similar auction description titles.
However, I was wrong: the white core "1st day of release" ended with a +50% premium, & greatly surpassing the other varieties instead. The coin I would have guessed that was more desirable (black core + "early releases") ended up as the least expensive alternative among them when the auctions concluded.
I can understand myself being a Timmy Poindexter, but was I simply bamboozled by other Timmy Poindexter here too, & we're all nitpicking over the wrong characteristics?
Do you find general patterns you've recognized surrounding the NGC holders, the market, & subjective tastes?
Or is it simply too subjective, & the pricing swings too wildly based on individual buyers' personal preferences for labels, etc?
I enjoyed the video, and I learned a little more about CAC and what to look for. Graded comic books get stickers on them too right?
That is not formerly accepted in comic collecting, but does exist.
@@ReservedInvestments ok thanks!
I wrote this on another video but wanted to let people know that the 1934s peace dollar graded MS 66 + by PCGS that sold for 79000 at auction and is now asking 99000$ from the current owner was graded MS 65 by NGC and then regraded MS 66 by NGC after it was resubmitted. So if you’re an experienced grader you can find some quality gems graded by NGC not just PCGS.
Great video Sean. You mention Heritage a lot when you talk about coins and currency. Do you ever buy from Stacks Bowers?
Yes. Both are very respectable companies. It’s been awhile since I went through them though, but that may change soon depending on the material they have at auction.
Another good video! Shawn is that an uncut beta sheet on your wall?
Hi Shawn. Thanks for the great content on the collectible markets. Do you think you could do a video on which collectible markets are currently in bubble territory?
Hi Shawn, thanks for the video. I really enjoyed it. Could you talk about error coins?
In an upcoming video, yes!
Love the videos man
Please more pokemon TCG vids :) I also think the market is a bubble but I'm curious to see your walk through/analysis of what you're noticing overall. What are the red flag indicators etc.
Shawn, do you collect or invest in any world coins? I would be interested in hearing your perspective on that market. As someone coming from hobbies like Magic and video games world coins appear much more affordable for someone interested in collecting high grade, historical coins.
Ancient coins, yes. I am fairly knowledgeable in world coins and will cover that topic in an upcoming video. I am mostly invested in US classic coins at present time...
Great content. How much credence do you put on the idea that green holder PCGS coins were conservatively grade and thus may be cracked out and graded higher today?
Never mind. I asked this question in the middle of your video not realizing you would go on to pretty much answer this question. Sorry
There is some credence to that fact, but it’s still a crapshoot. I personally, would not pay more for a green older holdered coin, unless the coin also showed exceptional eye appeal.
@@ReservedInvestments yep. I agree. Judge the coin, not the holder. Thanks for taking the time to answer my question.
Does this mean one should assume a non-CAC coin is over-graded because presumably, any good dealer would have already sent it to CAC due to the price increase?
No, as it could be the original owner just didn’t send it to CAC or even know that CAC exists...
Hi Shawn,
Great information. What do you think of civil war tokens for investment?
Rarity and historical significance is what matters when it comes to Civil War investing. That market definitely has legs...
Will you be doing a video covering the recent spike in michael Jordan rookie cards? They’ve doubled in the span of a few weeks!
Do you think we will see this sticker grading service adapted to comics & other grading services in the future?
It’s needed in coin grading due to the market. In most other pop culture based markets, services like this have been tried to much less success.
There is already a service like this for comics called a CVA Exceptional sticker. They almost always sell for a premium due to their "exceptional" eye appeal. However, the sticker is not yet established enough with most collectors as is with CAC.
What do U rhunk about antique sterling silver ever coming back?
Sadly, a lot of antique silver was melted down when silver hit close to $40 an ounce back in 2010/2011.
Pat the NES Punk should become the CAC of video games 😀
do prize tokens from cici's pizza hold any inherent value ? i'm considering trading 1,000$ for 50,000 of them.
It depends on the prize...lol!
sounds similar to the certified diamonds market
I wonder if a CAC will exist for graded Trading Cards lol
If a coin didn't get a CAC sticker, they should put a brown one on it.
modern coin market has been flat for years... it has been such a disappointing investment/hobby. PCGS/NGC, CAC stickers, and specialized labels are just pieces of plastic that has lead to market manipulation as more and more people are paying huge premiums for the plastic and not the coin. we are seeing the same thing happening to CCGs like mtg and pokemon including the graded video game industry. these grading companies are so inconsistent in their grading. it's all just a big joke...
Too bad CAC is only for US coins😒
For now they are...who knows of that will change in the future though?
I don't understand how that makes any sense. A coin is a coin is a coin. What difference does it make where its from? Market manipulation perhaps?
@@306Marvin I'm just a beginner, but I wanted to buy some specific modern-age foreign coins, & I had to be careful to research their original production styles to prevent accidentally buying a coin that was modified after leaving the original mint to resemble a more expensive version. Example: A seller coloring a non-gilded silver-only proof to appear as the original gilded version produced by the mint. Also, the original CoAs get lost, or sometimes the seller provides the incorrect one with higher production serial numbers. (CoA with 1,000 quantity, when the original coin's production run was limited to 500 copies, etc.)
I do not know if NGS or CGCS have ever mistakenly graded semi-counterfeited foreign coins (real coin, fake colorization), but some of the foreign colorized coins would require additional research & scrutiny.
@@ReservedInvestments I hope so
@@306Marvin It's just that the owner of CAC is a US coin expert, not a world coin expert. It is harder than you think to grade world coins... It does matter where it's from as far as how you grade it.
invest in video games
Ecco the Dolphin flippers! 🐬🐬🐬🐬🐬
Great game...horrible investment...lol. That was back when Sega showed all the promise of leading the video game industry into the future...
@@ReservedInvestmentsecccoooo 😅😅😅 🐬