I work for a small independent publishing house. We are putting the finishing touches on the new edition of our book Coin Collecting for Beginners.

We are distributing free digital copies to gather initial feedback. It would be great if you could spare some of your time to read our book and let me know what you think. Those interested in helping us can send me a message.

Neighbor has dozens of old coins in excellent condition - he is considering send them to this company for grading evaluation any one have experience with them?

Good morning everyone, I would like your help because we are producing a book on Coin Collecting for beginners and I would like to ask you if anyone would like to give me some pointers regarding, what are the first steps a new collector should take to make as few mistakes as possible and what his first investment should look like. Thank you to those who can take the time to help me.

I saw someone on Facebook marketplace selling. Supposedly they bought directly from the mint at 29$ a roll and are looking for $11 a roll. I've been on a huge ebay kick as of late and I'm dying to get more things to sell as I have endless time (so it seems). The ad says 70% are in uncirculated condition. Now full disclosure I don't really know much about coins but browsing on ebays sold listing's it looks like a dummy like me could make some money. I just wanted to get your guys opinions on the matter. Do you think this is a good deal? And how would one go about selling something like this to maximize your return. Sorry if this post isn't allowed.

I don't get how they can charge a fee on higher priced coins when grading. An example is the 1942 1C, RD. In MS67 PCGS lists value at $175, the 67+ valued $525. The MS68 is valued at $8,000!! In 2008 they only had 2 listing as MS68. Now there are 9!!! I find it hard to believe that 7 MS68 condition coins were 'discovered' in the last 15 years when in the first 66 years they only knew of 2 attaining that pristine condition. Now if I was to crack out a MS67 and send it back in it would certainly interest them monetarily to grade it as a 68 whereas they profit more. So my questions really are 1) where are all these new MS68's coming from? 2) What is their incentive to be honest? 3) Are these population numbers at the higher ranged (and probably mid ranged) MS coins inflated due to crack outs not being reported? example- It would certainly behoove me to crack out an MS67 with CAC designation and send it to one of them again to try for the MS68, adding more population to either the MS67 or (hopefully) adding another to the MS68 pop. If they did that they would profit more and I would be happy and not complain because I would receive more when selling. It just seems like the higher the grade the happier everyone is so it's a self defeating check and balance situation, I am not complaining, just new to the game and trying to get some clarity as I cannot tell the difference between a 67 and 68.

PS- I don't have a 1942 MS67 , just going through older auctions and seeing the pops back then and comparing them to todays. there are lots and lots of examples like this, some more glaring. Thanks for listening. Enjoy.

Can anyone help me identify this coin I have no clue what it is

So I found this collection of BU Morgan Silver Dollars in a nice little display box for sale on Wayfair.com and before you ask me why I am shopping for coins on Wayfair of all places, it's because I have a gift card for several hundred dollars to use towards my purchase. It's 10 coins in BU condition and it includes a Denver and Carson City mint mark Morgan.

https://www.wayfair.com/decor-pillows/pdp/american-coin-treasures-brilliant-uncirculated-morgan-silver-dollar-collection-display-box-actj1669.html

Any help or input would be greatly appreciated!

My dad and grandfather used to collect, I never have invested. About to spend 5k on coins specifically for investing purchases v.s. just having cash sit around

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Any tips, ideas, recommendations?

Hello I’m new to this subreddit and I wanted to start collecting coins in bulk. I mean this by putting a couple hundred dollars out of each of my paychecks and at the end of the month purchasing precious metal coins as an investment any help would be appreciated. Sorry for the grammar I’m mobile.

We reached 200 members, but that's not good news. It took 1 whole year to reach 100 members, and it took 2 years to reach 200 members. Some months there's not even a single visitor to this subreddit. In the last year, 3 months had 0 visitors, and the highest month had only 81 visitors. I really had high hopes for this subreddit, and it's one of my favorites of all the subreddits I have started, but I have to conclude it has fizzled, with little to no interest, and I'm very disappointed.

Of course, there are plenty of busy and informative subreddits on the topic of coins, but there seems to be insufficient interest in coin investing to sustain an independent active community. Coin collecting is a slow speed hobby, so it makes sense only the largest communities would have enough activity to attract more activity. Even then, those communities rarely talk about investing, and it's generally frowned on to do so. Why, I'm not sure, but it's a common thing in other collectible hobbies too. I tend to be unpopular, because I'm very interested in coin investing.

I suspect the problem could be jealousy. People begin collecting a thing because they like the thing, not because they want to make money from the thing. However, when other people are making money from the thing, it only serves to remind the vast majority of collectors of how much money they have expended, never to see again, on things they love, but are not good investments. Obviously, anything that takes away the pleasure of previously pleasurable things is not going to be popular.

I look at investing as an equally valid reason for collecting. I view coin collecting as one of the most financially sound hobbies you can pursue. Among collector-type hobbies, coin collecting is easily the safest and most reliable for the long term value of your investments, due to the multi-millennia age of coin collecting. The coin collecting hobby is never going away, so arguably, your investments in your coin collecting hobby are never going away either. It's easy to persuade people that is true, but say something like that about any other investment, and you would get laughed out of the room.

Another problem is so closely related to jealousy, it's almost the same thing. People don't want to share information about their investments in rare coins, because more people will compete to buy them. This isn't unique to coin investing. Most investors can't share their enthusiasm for their investments without somehow sabotaging themselves. In some cases, it's literally illegal to share information about your investments (insider trading laws etc). That's no fun at all.

When no one wants to talk, I have at times felt I was taking on too much of a burden to try to keep activity going in the various places on the internet where I have tried to make coin investing a topic of discussion. I can succeed for a while, until someone inevitably loses some money and blames me for it, and then it's a nightmare, and I start to regret sharing what I know. I'm starting to think the common wisdom "it's lonely at the top" is more difficult to escape than I thought.

Talented investors might want to share information, but will harm themselves by doing so. The mere presence of that information will make many people angry. Even the people who appreciate it at first - because they did not have the skill to do the investing themselves without it - will eventually lose money like the best investors do, but without the ability to handle it (losing money is not a popular study topic), and then there will be more anger.

So, what we're left with is an empty subreddit, and countless millions of successful coin investors who don't want to share their secrets. I knew that from the beginning, but I thought I could change it. I thought coin collecting is so large, getting larger, and so stable historically, there's enough to go around for everyone. However, this may not be the case.

Coin collecting is an illiquid market. Many investment grade coins trade so infrequently you might be lucky to witness some particular one in a whole year of your casual presence in the market. Some investment grade coins trade so infrequently, you might be lucky to witness one in your whole lifetime. That means a single buyer can massively distort the market if they don't know what they're doing. Like all investments, that's not only bad for the investor that caused it, it's also bad for everyone else too.

What if coin investing is necessarily the "investment of kings", with no plebs invited, and no amount of effort on my part can ever change that? I'm not 100% sure I'm ready to give up hope yet, but what if? What if the only people who should be talking to each other about successful coin investing are successful coin investors?

The thought crossed my mind the best way to make r/CoinInvesting more active is to make it a closed subreddit, for invited members only. However, if I did that, then suddenly the problem of being a too-small niche topic could come back. Coin collecting as a whole is now big enough that it doesn't matter it's a niche topic, thanks to population growth and the rise of the internet to connect widely separated people together. If this subreddit went private, the requirement for admission and sustained membership could be sharing information about coin investing.

That might work, but then we would have an active community with maybe 5 members or something, haha. Worse, if somebody gets greedy and continues to take information, but stops contributing information, our already tiny community would need to remove them. And, of course, there's no guarantee the idea would even work at all. We might just end up with an equally dead subreddit, except no one will be able to see all the effort I put into it.

Hmm, no one sees it already. Literally, in some months, we have ZERO visitors. I guess we have come full circle, to the fact that started this post. What do we have to lose by making this subreddit private?