It's interesting the war between the traditional practice of buying "raw" coins, and graded coins. I find it so fascinating that authenticity by NGC-Ancients are actually NOT guaranteed...ironic as the "G" stands for guaranty. Buy the coin, not the plastic.
I don't much care about the money to be made or not made. I buy what I like because I like the coins, the history, and thinking about the pockets these coins were in. They are works of art imo . My first rule is buying what you like, not what you don't in hopes of making money. Am I wrong in assuming this? And If you buy a coin because you just like it and it turns out to be worth money then that is just the gravy on the biscuit.
@@ReservedInvestments I apologize if I had come across as an A-Hole. That was not my intention. I re-read my comment and thought it sounded crass. I was just stating what I do as a collector. I have a small collection of around 100 slabbed coins. I am attempting to only have 63 and above but occasionally I like to have coins that have been circulated because I like to think about who may have used them. I have a lower graded T-dollar w/chop and also a graded T-dollar with pr-cameo designation. My point in writing back is to say, if I had come across as arrogant and smug, I am truly sorry and have a lot of respect for you, due to your knowledge of numismatics and their history and values. Thank you for your response and I will keep watching your channel in order to learn from someone with your obvious knowledge. Thank you & happy hunting
I think this is the best market for any entry level collector of any kind. I bought an Athenian owl coin, and almost everyone I show it to is amazed that these even exist for the price I got it for (~$500). I think modern American coin collecting will go into decline as it’s pretty nerdy overall and while some pieces are cool, they’re overpriced for the wrong reasons in my opinion. I’m millennial too, and what I sense is a growing amount of millennials are looking back in time for answers, almost like rediscovering what it means to even be human. The era we’re living in, with so much change, will inevitably lead to a broader appreciation of human history seen through coinage.
Another great video. Just curious, what are your thoughts on CGC graded cards when it comes to magic the gathering or Pokémon? I personally collect PSA but CGC has been picking up steam with PSA and BGS having a substantial delay in grading times, and CGC being new to card grading has been able to encapsulate cards in a timely matter. Besides that tho they’re grading allot of things that PSA won’t, such as foreign languages, specific errors, misprints, etc. would like to hear your thoughts.
This will be covered in an upcoming video...but it will be a little while, because I feel that CGC trading cards are too new to market to do a full analysis at present time.
I had no idea you spoke Japanese. Out of curiosity, what is your fluency level and how did/do you study? I’ve been studying for a number of years. Really love the language
Where do you see the market for "collector" grade U.S. coins going? Ignoring the top end of the market. Over the last 10 years coin prices have been falling. Some of this is due to population. There are many more graded Morgan dollars and graded gold coins now. However there appear to be areas without a lot of interest right now. The population reports are somewhat low. Prices have been stagnate or move very slowly. Maybe the gains for these items over the next 20 years wont be great. Do you think these areas will get attention in the future?
Actually, looking at $2,000 plus investment grade coins, I disagree. Prices are rising. If you are looking at lower grade or common material, that is NOT a market I would want to be in for the long term, just like any other collecting market out there. Just because something can and is considered a collectible, does NOT make it a good investment.
@@ReservedInvestments Not necessarily for investment purposes more for the health of the hobby. The top end will always do it's own thing. I'm not saying the hobby is dying. If you have 100 times more Morgan dollars now and everyone has one then of course prices will be down. I can go buy a Magic card, or a video game, or whatever is fun right now for more money then say a coin with 100 graded in the top 10 grades. Does coins become a "fun" hobby again? I don't know what the catalyst would be now that we already have CAC.
I’m curious to know how pop culture bubbles that you’ve gone through played out. What were the signs of a market top ; how bad was the panic selling on eBay for people wanting to get out of the markets etc. Love your work so far Shawn!
A lot of ancient coin collectors also prefer to not have slabs. In the UK for example i know a lot of people crack them. Slabbing in my anecdotal experience is a more of a North American phenomenon
Just as a expansion on this I think slabbing enhances paper items like cards, comics & stamps as it makes the items more tactile and secure. The rectangular form of the slab for TCGs echoes the form and shape of the card (those items are more 2D in how you handle them), and so you have made the item "whole" by slabbing it in an anthropological sense. With coins, the slab differs in form and ergonomically from the coin so much; it can interfere with the collectors interaction/ enjoyment of the coin as many wish to view them three dimension-ally at different angles/ lights, and hold history etc. A massive caveat though, I would say even as a general non-slabber myself i would definitely 100% recommend it for Proofs!
Hidden gem of TH-cam. Always learn something. Thanks for another video :)
Dude, your video is underrated and should be blasted everywhere! Thank you! I hope to see more of your work!
Thank you!
It's interesting the war between the traditional practice of buying "raw" coins, and graded coins. I find it so fascinating that authenticity by NGC-Ancients are actually NOT guaranteed...ironic as the "G" stands for guaranty.
Buy the coin, not the plastic.
Would love to see video on the coins you have. Great video!
Recently fascinated with this market and diving deeper. What a gem of a channel I've found, thank you for creating these videos!
Not gonna invest in coins, but I'd love a follow-up too! Very interesting topic!
Excellent video!
ngc has also truncated the sheldon scale even further by now doing a 10 point systemfor all other coins, so like 9.2 would equal MS62
I've been collecting Roman and Byzantine coins for years now. Good to hear that you there might be good money in it.
Great video! I would also enjoy a follow up. Any Numismatic videos would be appreciated.
This was more interesting than I was expecting. It's not a category I was ever likely to invest in but some of it is kinda fascinating
Please do a follow up to this!
I don't much care about the money to be made or not made. I buy what I like because I like the coins, the history, and thinking about the pockets these coins were in. They are works of art imo . My first rule is buying what you like, not what you don't in hopes of making money. Am I wrong in assuming this? And If you buy a coin because you just like it and it turns out to be worth money then that is just the gravy on the biscuit.
You’re not wrong in assuming that. Just keep in mind that this is a collectibles finance channel.
@@ReservedInvestments I apologize if I had come across as an A-Hole. That was not my intention. I re-read my comment and thought it sounded crass. I was just stating what I do as a collector. I have a small collection of around 100 slabbed coins. I am attempting to only have 63 and above but occasionally I like to have coins that have been circulated because I like to think about who may have used them. I have a lower graded T-dollar w/chop and also a graded T-dollar with pr-cameo designation. My point in writing back is to say, if I had come across as arrogant and smug, I am truly sorry and have a lot of respect for you, due to your knowledge of numismatics and their history and values. Thank you for your response and I will keep watching your channel in order to learn from someone with your obvious knowledge.
Thank you & happy hunting
I think this is the best market for any entry level collector of any kind. I bought an Athenian owl coin, and almost everyone I show it to is amazed that these even exist for the price I got it for (~$500). I think modern American coin collecting will go into decline as it’s pretty nerdy overall and while some pieces are cool, they’re overpriced for the wrong reasons in my opinion. I’m millennial too, and what I sense is a growing amount of millennials are looking back in time for answers, almost like rediscovering what it means to even be human. The era we’re living in, with so much change, will inevitably lead to a broader appreciation of human history seen through coinage.
I have no interest in coins but I love your perspective and I still learn things so I watch
I would like to watch a video about your ancient coin collection
Another great video. Just curious, what are your thoughts on CGC graded cards when it comes to magic the gathering or Pokémon? I personally collect PSA but CGC has been picking up steam with PSA and BGS having a substantial delay in grading times, and CGC being new to card grading has been able to encapsulate cards in a timely matter. Besides that tho they’re grading allot of things that PSA won’t, such as foreign languages, specific errors, misprints, etc. would like to hear your thoughts.
Also, would love to see that follow up video where you show some of your coins :)
This will be covered in an upcoming video...but it will be a little while, because I feel that CGC trading cards are too new to market to do a full analysis at present time.
@@ReservedInvestments appreciate the response. Looking forward to the video.
Interesting topic there, haven't thought that there is two type of coin collecting
Can you do another follow up video
I am considering it, but it will be a little until I can circle back to this topic.
good info in this video, thank you Shawn :)
You know you’ve made it when you get the bitcoin bots in your comments!
the naked asian bots are next.
Seriously, it's insane. In a video about Ancient Coins too!
I had no idea you spoke Japanese. Out of curiosity, what is your fluency level and how did/do you study? I’ve been studying for a number of years. Really love the language
Where do you see the market for "collector" grade U.S. coins going? Ignoring the top end of the market. Over the last 10 years coin prices have been falling. Some of this is due to population. There are many more graded Morgan dollars and graded gold coins now. However there appear to be areas without a lot of interest right now. The population reports are somewhat low. Prices have been stagnate or move very slowly. Maybe the gains for these items over the next 20 years wont be great. Do you think these areas will get attention in the future?
Actually, looking at $2,000 plus investment grade coins, I disagree. Prices are rising. If you are looking at lower grade or common material, that is NOT a market I would want to be in for the long term, just like any other collecting market out there. Just because something can and is considered a collectible, does NOT make it a good investment.
@@ReservedInvestments Not necessarily for investment purposes more for the health of the hobby. The top end will always do it's own thing. I'm not saying the hobby is dying. If you have 100 times more Morgan dollars now and everyone has one then of course prices will be down. I can go buy a Magic card, or a video game, or whatever is fun right now for more money then say a coin with 100 graded in the top 10 grades. Does coins become a "fun" hobby again? I don't know what the catalyst would be now that we already have CAC.
This information is so good, I feel like I need to be charged for it. THANK YOU!
Been waiting for this one. Thank you. What's your thoughts on Sovereign Gold Coins collecting? Is it worth something more then the gold spot price?
Watch Numistacker on TH-cam.
Buy history from countries likely to be wealthier in the future. I’ve been buying up Modern & Ancient Iranian & Russian coins.
I’m curious to know how pop culture bubbles that you’ve gone through played out.
What were the signs of a market top ; how bad was the panic selling on eBay for people wanting to get out of the markets etc.
Love your work so far Shawn!
Save this and ask again during my upcoming 3,500 subscriber Q & A. It is way too much to answer here in the comments. Good question, though!
Coins are not my thing - but this was a very interesting video (and I would welcome a follow up)
Anno domini - year of the Lord.
Great video :) you could do a series about it!
Grüße from Germany
More videos are planned. These take a lot longer to plan and get produced, hence why there is usually a delay in when they trickle out...
@@ReservedInvestments take your time, no hurry!
I appreciate your use of BC (before Christ) and AD (anno domini in the year of our Lord) instead of BCE and CE like is used now taking Christ out
A lot of ancient coin collectors also prefer to not have slabs. In the UK for example i know a lot of people crack them. Slabbing in my anecdotal experience is a more of a North American phenomenon
Just as a expansion on this I think slabbing enhances paper items like cards, comics & stamps as it makes the items more tactile and secure. The rectangular form of the slab for TCGs echoes the form and shape of the card (those items are more 2D in how you handle them), and so you have made the item "whole" by slabbing it in an anthropological sense. With coins, the slab differs in form and ergonomically from the coin so much; it can interfere with the collectors interaction/ enjoyment of the coin as many wish to view them three dimension-ally at different angles/ lights, and hold history etc.
A massive caveat though, I would say even as a general non-slabber myself i would definitely 100% recommend it for Proofs!
@@Minilopo18I'd definitely slab an ancient proof....ancients don't worry about fingerprints
More steak please.
even 3 years later that whitman is still under 15
Latin would have been more helpful than Japanese for Classical Numismatics , is it not ? "Thousands of years or older" ?
It's Amiibo Domini, but nice try