Should You Collect Coins? Why Should You?
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- เผยแพร่เมื่อ 12 ต.ค. 2024
- Get Out Of Coin Collecting IF It's Not Making You A Better Person
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Get Out Of Coin Collecting IF It's Not Making You A Better Person
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Your messages goes beyond coin collecting.
Thanks
Im a young collector and Im tired of people calling it a dying hobby. This is something i enjoy learning about and collecting.
Daniel I can relate, my job was stressful so I picked up my coin collection which I started in 1966 when I was delivering newspapers. I turned my music album collection into a valued coin collection. Less stress now and proud to be a coin collector . Great video which is similar to my story . God bless you Daniel, say hello to your Dad for me.
When I acquire coins, they fall into one of 3 categories. 1) Personal collection for pleasure. 2) Potential for resale profit. 3) Stacking. Each category has its own goal.
I can relate to that method.
💯
Dan, I think you're doing a great job! Where else can a young coin hobbyist go to get so much free and competent information? I'm 62 and I've been in the hobby since I was 10 years old and I still learn things from you. Take care, Jim
Been coin collecting for 50 years and I'm 59 now,bought my first coin from Littleton coins in 74,from a TV guide advertisement,we didn't have a coin shop in our little town,times were different,also you could still you could still find wheat pennies,Buffalo's and even mercury dimes in your change,it's the greatest hobby in the world,PS I haven't bought a coin from Littleton in 45 years now,lol
Jeff's coin shop in Sarasota survived the hurricane,so prayers for those who may have not been so lucky,God Bless
Daniel I did purchase a 42-P type 2 from my local shop. It was not cheap, but I love it ! I enjoy your program!
been here since 10,000 subs now 196,000 wow, great job Dan and ty for all the knowledge.
Thank you
Daniel, Ive been following uou since less than 5k subs. To me this is one of your best videos. I remember you sharing alot of personal stuff in your early channel days and I really enjoyed it. Great message here, Do What Makes You a Better Person! ❤
Thank you!
Daniel, the information you provide is invaluable. Your common sense approach is what is what I look for. You've done very very well sir.
Thanks, Daniel! This should be a required video for all collectors, new and old. So much of your story speaks to my relationship with the hobby. I just wish I had started as early as you did and maybe then I could talk myself into the same path of going out on my own. You're an inspiration!
Thank you Daniel for the candid story. Seeing your dad on here a few months back was really endearing and reminded me of the importance of our interest origins. Good for you to get out of a dismal job when you did. My job has injured me, too, so much that I work remote permanently. If stacking or collecting ever made me feel stressed out, I would stop immediately and study why that is the case. Other than a few bumps in the road, which I consider to be learning experiences, this hobby is helpful to my life in more ways than I can express here. Yall have also taught me that I would never turn this passion of mine into a business.
My favorite coin to collect is Buffalo Nickels. I don't have much money, so it takes me quite a bit of time to save up for the next one in my collection and when it arrives in the mail, I'm so excited and happy.
@@Supercheeseburger666 if you are looking at a box of buffalos . Look for the 2 feathers ones.I have picked some up for as low as $1 in bins.
So much to learn from being a coin/currency collector.
History.
Economics.
Geography.
Science.
Math.
So much more can be added to this list.
Yes! There is so much to learn about history as well as different coin making processes. But for me, the most important thing is enjoyment. I have a lot of fun with the reading and going down to the coin shop. If it wasn't fun, I wouldn't be a coin collector.
All the reasons I got into it.
The influence of artistic trends as they're reflected in the design choices for coinage over the course of history.
You speak with sincerity and integrity. This is why so many follow you. I hope you continue to prosper!
Thank you
Thanks Daniel. I am so glad you got out of there and got into something you really like. You are doing very well and are blessed. I know you put allot of time into your shop and online and you are very good, trusted and successful. I too enjoy what I do with collecting even though not really a full time hobby (yet). Yes, collect what you like to collect. Educate on what you like to collect so you know. Getting a treasure doesn't always happen but the thrill of collecting what you like is the big win. Stay safe.
Wow, your story is similar to mine. I always collected coins in a moderate way. I became serious about it, during the Covi. I got a bit depressed because my mom, passed the way, and it was a hard time for me because we were in the lockdown period as well. So, getting into collecting coins, and hunting for errors, has saved my life in a way. I have not make money out of it yet. However, it doesn't matter. I have my coins, and it is an investment sitting there. I love my hobby. Thank you for your words of wisdom 🙏. You have a blessed and a super amazing day too.💚
I think many people found their way back to coins during the pandemic.
z@@namasteforgetmenot Yes, I believe it was. It kept many people from going nuts eh⁉️
@@namasteforgetmenotYes, indeed. It kept many young or old people from going nuts eh ⁉️
When I got into my automobile accident, my doctor told me I had to find a low impact hobby. I was always into coins,so I decided that would be my old/new hobby. My only problem is that some of the boxes are too heavy for me to pick up. My one doctor said as long as I don't do it every day. I should be fine. By the way my weight limit is 5 lbs. Thanks you for people like Daniel,Blueridgesilverhound, Rob finds treasures, Georgia silver hunter, stateside stash, old money, dads hustle, what not sellers, couch collectibles and if I missed some one I sorry my memory i not as good as it used to be.
Im retired and been doing it for years, I do it because I love the history behind coins and currency and its history I can actually handle and look at, it gives me great pleasure doing so I’m not looking to get rich I want to preserve the history of our countries currencies and pass it on to my children and grandchildren. Keep up the great work Daniel!!!
you hope to make some money, but you got to love to do it. the history & the hunt. Your grandfather sounds like a neat man. Thanks for the videos you do and your on-line coin listings. Great stuff.
I’ve fooled around with this hobby with varying degrees of intensity for over 54 years. At age 62 I still love doing this, but my focus is shifting. I want to be a part-time dealer in my retirement both for profit and for the opportunity to interact more with other dealers and collectors.
As for my own personal collection, I am slowly liquidating a lot of more common stuff and trying to limit acquisitions to nicer, certified coins with decent liquidity.
I expect to own numismatic material until I pass away someday. Life would be less enjoyable without some of this stuff sitting around my place.
Best of luck to you. Maybe we can partner up and open our own store!
Very inspirational video Daniel. Thank you.
Coin collecting is not a good idea for anyone who needs to get rich quickly.
yes that is sooo true.
In 1976 a draped bust dime in xf was listed for around. $250. I remember this because I wanted one. Asked my Dad and he said, yeah that’s my paycheck, No. Check the same dime in xf now.
Coin collecting is not for anyone who doesn't want to collect just for the sake of collecting. Collect for the history. Fill an album. Hold a piece of history. A fisherman doesn't think he has to catch $25,000 worth the fish to justify the cost of his boat. Collect because you enjoy it! Not to make a huge profit.
I collect for the fun and mystery of finding some of these. Most of my collection is spendable if needed! Great information 👍
Thank you for making this grandma laugh and all your efforts about coins
The fun of looking and finding coins and other items satisfies me. I try not to make it a burden on others and I’m cool with that.
Going through rolls of coins is relaxing to me.
I found that looking at coins is the thrill of the hunt. While dumpster diving is the best feeling and healing while helping others. It has healed me in a lot of problems in my life. Thank you I thought it was just me.
I collect for the history alone. Yes, I do have a few expensive (to me) coins.
Now after 35+ years of collecting, I now try to make full date and mint sets only from change found in my pocket.
I started collecting coins years ago. I had no idea what I was doing at first. I bought way too many coins from the U.S. Mint. I started to collect, just to have a collection. I also bought them to flip coins. The last reason was in case the dollar goes crazy, I'd have some precious metals, to use to barter with or whatever. But I still buy too many U.S. Mint coins and need to stop! I've been buying a lot of generic silver rounds, in case the SHTF. Let's face it, if the dollar goes to hell in a handbasket and you need to use silver to buy things, no one will care if it's an Eagle or a generic round. All they'll care about is if it's an ounce of silver. They won't pay you more, just because it's an Eagle! I need to start collecting more older coins. Typically, they go up in value over the years. So I'm slowing down on buying Mint coins and focusing on older coins.
Its like treasure hunting, and everyone loves treasure hunting..
We love you Daniel! I'm really glad your here and you help so many people out there. I like your what coins do dealer buy or avoid. Great information
PTSD has multiple sources. It's non-discriminatory.
You don't hear much about PTSD in law enforcement like you do with soldiers. The truth is that many police officers / correctional officers see more bad stuff in their career than many military people. I have been retired for 10 plus years now and I still can't shake some events especially the stuff that hits close to home. God bless you for sharing.
Yeah, tell me about. It’s been 15 years and I still have dreams.
My dad started me. More of a hoard than a collection! 😂😂😂😂
Appreciate your videos, Daniel.
To most people in the hobby I am still a greenhorn. I have tried to learn as much as I can. The actual aha moment came to me as to why people sought out and paid good money for some of these came after I started paying attention looking for errors, low mintages, etc..
i enjoyed your ted talk, thanks daniel
Thanks Daniel, spot on!
I go to estate sales every once in awhile. Just when you think you have a wallet full of cash,.the coin collections there are still out of my reach. I get lucky once in awhile finding random silver items. I don’t go online enough,.thats likely the problem. Having a network or website would be beneficial indeed.
Weeding through the internet to find informative people like you, Daniel
Thanks for sharing your story Daniel. You’ve worked hard and deserve everything great coming your way. I also worked as a correctional officer after I left the military and I can relate. Very stressful. I’ve been collecting since I first started finding Indian head pennies in my yard in the early 60s growing up in Maine. You’re a great teacher and I respect your integrity
I've got a little crazy blowing money on coins but I love it! Especially mint sets and I figured everybody blows money on big gulps and hamburgers everyday, which is not good for you! Coin collecting is Daniel, and thanks for your video!
@DustanThedell-xk1zn Value over Price! I weigh my spending with this mindset, too.🤣
I have collected sports cards, comic books and coins. I have enjoyed all 3 but the only one I have profits from is coins.
Amen. I am the same way. The hobby keeps me sane also. and being homeless it really helps.
Thank you Daniel!
I've commented before that I too used to work for DOC here in Virginia. Did so for nearly 3 yrs before becoming a Sheriff's Deputy. Worked as a Sheriff's Deputy for 6½ yrs before taking early disability retirement. Law enforcement isn't for everyone. I was an FTO in both DOC & at the Sheriff's Office & used to tell the trainee's that if they ever found out that the job wasn't for them then to quit. There's no harm in backing out because it's not for everyone. You'd rather back on out early than to keep working & possibly get yourself or someone else killed. Fortunately for me I picked up the hobby while I was still working & it does help make the time pass by while basically treasure hunting. If you find something worth more than face value then great. If you don't then there's always the next box to hunt!
This video came from the heart and it is a big deal for you to put this out there...I thought CoinHelpU was your TH-cam Channel ??? Take care and be safe...L&L2U DM 💙🐝
It is, but not my website domain.
You are honest and I trust your information, unlike most videos they are full of hot air and have outrageous prices that are out of this world
If you got time and money and it makes you happy do it.
Daniel that was a very nice video and I'm in one of those scenarios that you mentioned. I started finding old currency and coins and I knew that I was going to retire yes I do collect silver and I enjoy it I'm not out to make myself a rich person which that wouldn't make me mad if it were to happen LOL but again a very nice video keep up the good work
Learn and have fun with it ! No stress 😊
collect and buy what you enjoy.
Great video Daniel!! Collecting coins and Stacking coins has really helped me and is still helping me with my stress and anxiety as well. I think that it’s fun and it makes me feel better doing it. It truly is a great hobby. And it’s the only hobby that makes cents lol.🙂👍
What great wisdom not only for coin collecting, but also for life in general. Thank you Daniel !!!
Hello Daniel I live up in Canada like your videos, I collect for the fun of it I been doing it since I was a kid. Up here I go to some banks and buy nickels rolls or some dimes. I do look for certain varieties I found some of these. I have never collected for a quick bucks I love to think of the history of the coin. I saved my us coins when I go back to the US I will cash them in. I did the last time buy from a second hand type shop some 2019 and 2020 west point for 18.50 us. The oldest nickel I have phone is 1939 Philadelphia, not a henning nickel. I do this hunt as a hobby I like to see what foreign coins I can find, I have some local token coins for adult admission to zoo my family would go sometime as a kid, they are not worth a fortune but they have special memories for me as a kid. Have a nice day sorry for the long reply😊
I collect coins because I really love the early American coins but I also stack !
Good bless your dad my brother
Gutsy and from the heart. Thank you Daniel for your candor and message. I have been thinking a lot about the hobby and my role in it--there are crooked customers and dealers out there, but there are also good people. I aspire to be the latter, but often times find myself falling short--making mistakes and struggling. Your message about setting expectations is solid. Thinking over what I've learned from you has taught me a great deal about this hobby and it can't be discounted. Thank you.
The Gate is narrow indeed! Best wishes!
You collect for the same reason people collect glass sings etc i enjoy it
You know that's probably the best video I've watched on a topic that totally describes me, got into this about two years ago and it totally gives me a sense of reality to me and also helped out when I was down to ground zero with my life. Thank you so much for this video!!!
Excellent
I like the feeling of accomplishment when I acquired the last coin to complete a set. I'm like the guy who wets himself in a dark suit. You get that warm feeling and nobody notices. I'm currently interested in pre-1936 proof sets. 10:44 10:44 sets
Pre 1935! Wow. I'm back at 55. Lol. I like them so much I have 3.
Great message! I concur ! As a coin roll hunter I do it for the sheer enjoyment. I've been ordering $6700 a week from my bank....from halves to nickels...built a beautiful collection! I sell a few on eBay at fair prices to get a coin to a fellow collector without trying to get rich. Found coins I never thought I'd see again. I am 65 y/old and remember my coin collecting days as a youth. You're channel and a few others got me back into a great hobby. Thank you! Keep on searching!
Similar start. Thanks for all of your real advice. I hate the click-bait froo froo videos. Your info keeps me grounded and humble in this field. Great channel, Daniel!!
Katy Jordan
Hello Daniel,
A buddy of mine was born in 1943 and collected 500 steel pennies from that year which I inherited. Not knowing anything about coins what advice would you give me? Watched a few videos and like yours best. I purchased a microscope and separated into S, D and Pittsburg piles.
They’re not worth that much unless uncirculated and then it’s around $5 each.
Amen Daniel
Prayers and Blessings Daniel!! I'm not as Good as I can get, but I'm Better than I used to be, Keep Up The Good Work Brother!!
You will never get rich collecting coins. You will always lose to the premium and the will of the market. Coin collecting is a hobby. It's a leisure activity. The only people who make money from coin collecting are rich collectors who buys the very very rare coins and sells them to other rich collectors.
I'm not sure I agree with you 100%. Maybe 80%! I've done very well flipping coins. Could I live off of what I've made, no. But there is money to be made. But if that's your sole focus, you better think REAL hard about doing that!
I found a two-headed nickel in coin roll last night. The Coin Doctor who made it did a good job! After I did an internet search on how it was done, it was easy to see that it's a fake. However, even though it's essentially worthless, it's such a conversation piece that I'm going to keep it in my Weird Coins Collection. P.S. Thank you Daniel for your very informative and interesting videos!
If it's silver, or has an 18 on it, i collect it.
What you do, Daniel, you do it well. I’m glad you left the correctional facility. Searching through coins helped me through the COVID turmoil.
My collecting is not limited to coins. I have collections of several various items. One thing I really like is the glassware I use. It's a pattern names 'Wexford' and was manufactured by Anchor Hocking. Several pieces were enclosed as premiums in soap, cereal and other staples. They look classy, yet they're still common enough that if I break one, it's no big deal. Most common pieces can be replaced for less than a dollar.
Thank you Daniel for your story and for helping us in the community.
God bless you 🙏
Let the haters hate and give no attention to them, because that's what they need. Keep doing your thing Daniel. I appreciate your honesty and up front approach on the channel. The way you provide information to the audience has feeling and demonstrates the passion you have for what you do. Thank you.
Thank you - I have been collecting a long time - and due to my age I am planning to sell most of it --just need to figure out how- especially in today's economy
I look for the fun of it for me, I just want see how many older coins I can collect from my bank purchases LoL doing fairly well. Obviously not much in the way of grade able coins do to pmd . But I'm good with that LoL
I understand completely. I worked as a CO for 1 year. I hated that job and nearly every minute of that year. 2nd shift 6pm to 6am. We were always short staff and overcrowded.
Thanks for making this Daniel. Coins also got me through some very dark times in my life
It has been a help 😮
Amen to that. You have helped me with all the videos for sure and I'm forever grateful.. I thoroughly enjoy roll hunting. It's the excitement of never knowing what the next coin will have on it
I have a question. Why is it that the first presidential coin of George Washington Of 1787 /97 is practically worthless money wise . You would think that coin would be the holy grail of all coins.. literally makes no sense at all
They minted millions of them and no demand for the coin, very few want to collect it.
I think you are a honable man
Respect
There is History, every coins has it’s own story.
Story how the coins was born from the mint.
The story why mint change the planchet.
There is a lot of story, and that’s makes this hobbies unique.
Have a great day all.
And thank you Daniel. God bless you.
👨🏽💻👍🏽
Thank you for sharing your story and teaching us about collecting Coins. It is so much fun ! I enjoy finding new and unusual coins every day.
Great information
Thank you so much for sharing Daniel, I love this hobby, I love, coin roll, searching, filling my albums, and silver stacking, GOD Bless & Keep Stackin Bro
Great video!! I really hope some day I can work for someone like you. Couldn't ask for a better boss.
👌
HOBO NICKELS what's that ? I want to collect everything 😂
Do a search you will love them.
That’s great advice. Very encouraging.
What is the greatest coin "discovery" have you made in terms of value?
I have a video on that.
Yup
Been collecting for over 30 years. Guessing I'm happy. Lol.
Great and honest video!
I concur. If you are collecting coins solely as a means of financial rewards you are spending your time and money in the wrong place. I think most of the great coin collections we have heard about were because someone got satisfaction from a completing a series, finding the best or rarest example, with little regards to the investment potential. For me it is a tangible connection to our nations past. Someone a century or longer ago handled the coin I now hold in my hand. That is a connection you don't get from collecting spoons, stamps, plates, etc. Also I enjoy the aesthetics of some of our American coinage, they are simply attractive to look at.
Getting back into coin collection after a lapse of 40 years, I think I'm going to start a non-gold Type collection and get MS 65+ examples of each coin where possible and financially feasible. Ideally I would display them and enjoy their beauty and history. That should be fun and I look forward to the journey.
Dream your dream…. God Bless you and your family. 💞🙏💞
Great perspective!
If you're collecting coins to or thinking you're going to get rich, your missing the point!