Episode Transcript
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Speaker 1 (00:01):
This is the Coin Show podcast, the show about coins
and coin collecting and not just any show. This is
the number one coin collecting podcast going ten years strong.
Here's Matt Dinger and Mike Notleman on the Coin Show podcast.
Speaker 2 (00:22):
It is episode two thirty seven on the Coin Show podcast.
I am Mike and I'm Max. And on tonight's show,
we are going to talk about the listings in the
world of New Diesthetics, saw some stories, talk to people
in Chad, answer questions the usual rigamarole, as well as
we are going to cover the coolest things that walked
(00:43):
into our shops recently. A nice competitive little thing that
we've got going on.
Speaker 3 (00:48):
You're going down, I don't think so. Who won the
last one? By the way, yes, oh you were? Oh see,
I didn't know because I don't. It's not a contest
for me. I just I don't check you.
Speaker 2 (01:00):
Sure it is? Well? First, before all that, the news,
the news brought to us by mistakes. We had a
(01:22):
really cool slogan for you, but somebody raised it off
our computer. But that's on brand for us. We're mistakes.
Speaker 3 (01:32):
Wait, that whole thing was was was just planned.
Speaker 2 (01:36):
What it's like sometimes you just gotta put.
Speaker 3 (01:39):
Out a man. I like that one. That's one of
my favorites.
Speaker 2 (01:43):
Thanks. So the twenty twenty five US Marine Corps two
hundred fiftieth Anniversary Commemory coins have been announced. I'll see.
I think they did these right. Yeah, this shows you
exactly what the artistic confusion program is all about, bringing
(02:04):
you know, new blood, new ideas, new thoughts into this
and even taking you know, something as class against the
Ego globe and anchor and you know EUO Gema. I
mean that was what was on the last Marines commemorative
going twenty years ago. And yet it looks new and
it looks fresh, and it looks really cool.
Speaker 3 (02:24):
Yeah. That middle one does it for me, buddy? That
Emo Gema flag raising oh proud, Yeah, yep, yep, that
one's the one I would pick.
Speaker 2 (02:34):
I have. Well, it looks like that the reverse is
pretty much nailed. Yeah.
Speaker 3 (02:37):
Yeah, I think they was mandated that they had to
have it like that.
Speaker 2 (02:40):
Oh okay, is this did a nice job with it?
Oh well this is uh just five to one and
the half.
Speaker 3 (02:47):
Yeah, these are the final designs. So we're getting the
EO Gema flag raising on a solar Awesome, We're getting the.
Speaker 2 (02:55):
Half actually looks nice. I like this.
Speaker 3 (02:58):
The amount of detail in his gun is just slightly disturbing.
Actually that that's pretty crazy.
Speaker 2 (03:04):
Yeah, but it's not disturbing like the Korean War one
that looked up Tracy.
Speaker 3 (03:10):
No, but I mean it's like, wow, that that's very realistic.
And to have that see how that transfers onto a
coin will be interesting to see.
Speaker 2 (03:17):
Yeah, And well I think the line drawings are pretty
good at town because there's there's not a lot of
grayscale on this, right, But look at the five dollars. Now,
this is gonna be a gold so it's probably gonna
be even nicer. But you know the flags, Yes, that's
gonna be a real test of how well is this
struck well?
Speaker 3 (03:36):
And you know the other thing, I was just looking
at the digital camo on the half dollar might be
a little cambo thing to translate the coinage. So weird. Yeah,
but I love that now design that's the one for me.
Speaker 2 (03:50):
Yeah, that one's cool.
Speaker 3 (03:51):
Yeah.
Speaker 2 (03:54):
The twenty twenty four Innovation Dollar for Missouri is now
available in rolls and bags. So twenty twenty four brought
us some new four new states and uh, still nobody
collects these no, but the Missouri one has actually been
doing pretty well.
Speaker 3 (04:15):
Well, we could look, we get George Washington Carver back
on another coin.
Speaker 2 (04:18):
George Washington Carver actually doing sciencing. You know, I like it.
It's it's a nice looking coin.
Speaker 3 (04:25):
His face is kind of funky.
Speaker 2 (04:26):
But yeah, other than that, maybe he was some funky
looking to possible. Yeah, I don't know. Like it a
lot better than the the Washington cover come out.
Speaker 3 (04:36):
Yeah, that's true.
Speaker 2 (04:38):
In other US sales news, the twenty twenty four uncirculated
Morgan Peace dollars have come out, and you know, it's
it's hysterical when you read this article. It talks about
how sales are down this year from last year. And
they immediately say when the coin was cheaper.
Speaker 4 (04:56):
Yeah, you don't say, well, duh, well you mean you
mean causes have effects.
Speaker 2 (05:03):
Yeah, it's like you raised the price on these silver
really didn't substantially change. Yes, Plus you have to realize
that after twenty one, there was no real purpose to
make the Morgan anymore, right, Yeah, it had no context.
It had to anything. It would have been kind of cool,
(05:25):
and you could have run this Peace dollar series until
twenty eight and you could have stopped and reintroduced it
in thirty four and thirty five if you wanted, and
that would have been really cool. But this is just
you know, this is cash grab and not cash grab. Yep.
Speaker 3 (05:43):
I have to agree with you, buddy. I mean, we've
seen them before. They look about the same again.
Speaker 2 (05:50):
Oh look, they did it. They did it well. The
coins are nice. You know, you're gonna have a nice
SEMs sixty seven eight whatever.
Speaker 3 (06:00):
I applaud the US Mint for using these awesome iconic designs,
being and being true to the designs, correct and being
true to the designs. I applaud them for doing that.
That is awesome. You guys, thank you. That's what we've
been asking for for years.
Speaker 2 (06:14):
We'll played.
Speaker 3 (06:15):
But now it's time to kind of consider the history
of these particular coins and you know, going forward. I
think that that's maybe something you guys should look at.
I don't know, possibly.
Speaker 2 (06:26):
Well, okay, so I have a background in marketing and marketing.
You know, it's always about Okay, so you're thinking about
the customer and how the customer uses the product. And
that's the thing. What is the product here? Because it's
not really a silver dollar, it's not a classic silver dollar,
because it's not ninety percent and it's not an ounce
(06:47):
it's an odd way. Yeah. So it's just it's what
is it? And if it's just a tribute to the
Morgan and Piece dollars, then why on God's earth are
you charging so much for You're charging more than you
charge for burnished silver eagles, yeap, however you charge it
for proof silver eagles.
Speaker 3 (07:06):
However, it does look like reading the story here that
the Morgan silver dollar selling one hundred and seventy eight
thousand coins and the Peace silver dollar sold only one
hundred and seventy thousand and nine oh nine, So it
looks like they sold about eight thousand more plus or
minus of the Morgan than the Peace dollars. So glasten
(07:28):
more popular.
Speaker 2 (07:29):
It may be more popular with collectors, but I still
just don't feel like there's a context for it. Maybe
I'm just being a crabby old man. Well that's the
first time, good at Wow. I always tell my kids,
find something you're good at, do it?
Speaker 3 (07:44):
Do it?
Speaker 2 (07:44):
Well? Yeah, The A and A and minted Assets will
present the first decimal denominated legal tender coin during the
Chicago World's Fair. Mooney. Now, I still don't understand.
Speaker 3 (08:01):
This decimal denomine.
Speaker 2 (08:05):
So they're saying it's legal tender? Is this a United
States coin?
Speaker 3 (08:09):
What's from the Ascension Island?
Speaker 2 (08:13):
Right there we go. Now we have our answer. That's
so this is just.
Speaker 3 (08:18):
CLT coin, non circulating legal tender.
Speaker 2 (08:21):
To Hollu or whatever it is.
Speaker 3 (08:23):
Yes, yes, yes, yes, that is exactly what that is. God,
but it is the first coin ever to have the
Chicago an A on it. So bam, we're going to
be there.
Speaker 2 (08:35):
Oh, I'm sure that's a huge event in what what country?
Is it?
Speaker 3 (08:39):
The Ascension Island?
Speaker 2 (08:40):
Yeah, I'm sure the Ascension Islands are just like stoked
about Chicago.
Speaker 3 (08:45):
Jumping up and down there, dancing in the streets.
Speaker 2 (08:49):
They have a parade for it and everything. So this
is something that is going to be in the an
A auction. And this is really really cool because when
you think about it, this Okay, so it either happens
one of two ways. Either it happens by complete mistake
or it happens on purpose. And I have to think
(09:12):
this was by complete mistake because why on earth would
you do the work twice?
Speaker 3 (09:18):
Yeah, I mean this is seventeen ninety four, This is
early in the US meant this was just getting their
feet wet and production of coinage. A lot of this
stuff happened. So this was.
Speaker 2 (09:28):
Somebody not remembering that they had already struck this planchet.
Speaker 3 (09:31):
Well, but they struck them both off center. Anyways, it
was what they considered and they actually reused a lot
of these. They called them spoiled planchets. When they would
screw it up. They would actually when the planchets were short,
they would dig back through their pile of screw ups
and see which coins they could.
Speaker 2 (09:44):
Streak over, and then they did it again.
Speaker 3 (09:47):
Yep.
Speaker 2 (09:47):
Okay, that sounds like a much better explanation than minight
like that.
Speaker 3 (09:52):
Well, no, no, I mean this would probably was struck like
this the first time it was it was in the press,
and then somebody either squirreled it away or something.
Speaker 2 (10:04):
Well I don't think that they wanted to release and
so you're right. They probably kicked it back into a
thing and say, okay, well, you know, we'll strike it
again later, And they struck it again later, and they
must again. Yeah.
Speaker 3 (10:15):
I don't know. It's hard to say, but you know,
the amazing part is that this thing is an MS
sixty six. Yes, that's amazing and it's beautiful.
Speaker 2 (10:23):
Oh it's the seventeen ninety four large set. I mean,
what's not to love about it? And yeah MS sixty Well,
I mean, how do you grade something like this anyway?
But still, yeah, mid State, it is just absolutely gorgeous.
What a crazy cool coin out like that on pole
sent Yeah, very that's going to be available in the
(10:43):
auction at the Ana this year.
Speaker 3 (10:45):
Wow, I have to go watch that one.
Speaker 2 (10:49):
Also, a seventeen ninety four silver dollar will be on
display at the World's Fair Money. So this is going
to be Yeah, yeah, this is a nice one, Specimen
sixty six, so this was Virgil Brands.
Speaker 3 (11:05):
Wow, that's cool.
Speaker 2 (11:07):
I mean, how do you get much nicer than that?
Speaker 3 (11:10):
I have no idea, but yeah, that's cool. And it's
got a cat sticker, so yeah, very much.
Speaker 2 (11:15):
That's going to be one of the many things that
you can see at the World's Fair Money, including.
Speaker 3 (11:20):
I'm trying to see whose table. This is going to
be a great collection.
Speaker 2 (11:23):
Right collections. Yeah, so it's one of the many things
that you'll be able to see at the World's Fair Money,
including Mad Mike.
Speaker 3 (11:31):
Yeah, that's true. We'll be there.
Speaker 2 (11:33):
We will be there.
Speaker 3 (11:36):
Wow, they've got some cool stuff in their action.
Speaker 2 (11:38):
Good on fill Colorado. Yeah, c ACG has published a
photo guide to grading Morgan silver dollars. I actually like this.
This was kind of cool. So if you go through it,
they show you examples of talk about the whole process
of authentication. They talk about, you know, what what each
(12:04):
grade looks like. They give you a description, they give
you pictures and then tell you basically what differs each one.
Speaker 3 (12:13):
That is pretty cool. And this is this is their
master set if you look at it, css CC grading set.
When they were first talking about putting this out, when
we talked a Ron who's in the picture here, they
they told us that they were going to have grading
sets for everything, and this is their Morgan dollar grading
set it looks like, which is really cool. The fact
that they're actually putting it out there for everybody to
(12:33):
see and and you know, learn, I think is really
a good thing. I'm sure they're going to go peru
this and go through it and check it out because
I think it can be really useful figuring out how
they're going to grade the coins. So when I send them,
I have a good idea of what I'm looking at.
Speaker 2 (12:51):
Yeah, no, I I really like the fact that they
have started to publish their grading standards because that always
helps the market.
Speaker 3 (12:59):
Yes, and this is something similar. Pcjest did something called
Photograde back in the day, and I think that was
kind of something similar, But this is this particular company
standard versus the other.
Speaker 2 (13:09):
But after photo Grade, they also did the PCGESS Guide
to Coin Grading and Counterfeit Detection, which I thought was
way better. Sure, and was purely aimed at things through
the PCGS lens, which this is purely through the CAC lens,
which I like.
Speaker 3 (13:25):
Yeah, yeah, very cool, And it'd be interesting to compare
them and see where the differences are, how they differ.
Maybe maybe one video about that. It'd be fun.
Speaker 2 (13:37):
So twenty twenty six is coming, and so are the
Semiquin centennial coin designs. So scent and nickel are gonna
be just absolute garbage, just a dual date and a
bell with the numbers two, five to zero in it. Yeah,
it's and I don't I don't like that. I think
(14:00):
that they could have done so much more, but they're
all redesigning the dime in the quarter.
Speaker 3 (14:05):
You know what. I'm looking forward to the phone calls
were going to get people trying to pronounce semiquin centennial.
Speaker 2 (14:12):
I don't think you're gonna bother with it. They're just
gonna say, I got one of them new coins.
Speaker 3 (14:16):
Maybe maybe, but we want the.
Speaker 2 (14:19):
Drummer on it, got bell lines on it.
Speaker 3 (14:21):
Good you ever get And they're like, yeah, I got
one of them, uh stick away way dollars.
Speaker 2 (14:28):
Actually no, they're they're actually I think a little bit
more aware that.
Speaker 3 (14:33):
Way our customers.
Speaker 2 (14:35):
Man, I guess I look, it's like that's secondary is
not exactly an easy one to pronounce it.
Speaker 3 (14:41):
The other day that was telling me about the Rosa
Parks dollar, it was it was a Susan B. Anthony.
Speaker 2 (14:49):
Well, the Rosa Parks quarter is COVID.
Speaker 3 (14:51):
Yeah, I mean not out of the question that she
would be on money, but it just was funny that
they thought that Susan B. Anthony was Rose Park.
Speaker 2 (14:58):
Yes, yeah, they're they're yeah, not closed.
Speaker 3 (15:02):
Oh the joys of running a coin store.
Speaker 2 (15:06):
So the gold coins have been revealed, and so the
plan with this is they are going to create these
coins in gold twenty four carrot. So they're going to
have the same problem with these that they had with
the centennial gold in that the dime designed and half
the quarter are going to be the wrong size. They
(15:28):
could solve it by making him a ninety percent, but
they've committed to doing this in twenty four Carrot for
what reason, I truly don't know.
Speaker 3 (15:36):
So this is the when we did that survey asking
us about the classic coin designs, this is what they
came up with.
Speaker 2 (15:42):
Absolutely okay, and look, I think that this is great,
but you know what this means. This is just a
repeat of twenty sixteen.
Speaker 3 (15:53):
Yet you're down three of the five coins.
Speaker 2 (15:55):
Are standing quarter walking half in twenty four Carrot Gold
know they're gonna they're gonna do a Saint Gardens, which
I mean they if you want a Saint Gardens, you
could buy it a double eagle anytime you water. You
can even buy a gold eagle.
Speaker 3 (16:08):
And are you gonna make it high relief though? That'd
be cool, be down with that. They're not going to though,
And then I I you know my favorite those the
eighteen oh four dollars, you know, the heraldic eagle design
on the back of a gold coin. I could get
down with that.
Speaker 2 (16:22):
I could. I could definitely hang with that. All I'd
like to have seen a turbinehead.
Speaker 3 (16:28):
Turban heads are cool, but you know, most collectors out there,
they don't they don't you know, if they don't collect
that kind of stuff, they hardly know it exists.
Speaker 2 (16:35):
Whereas if you're going back to this era, right and
you're gonna make it in gold, why not make it
as the gold coin of that era. I'm just saying
that that it's like so many people will never have
the opportunity to on a urb correct. Yeah, I agree, interesting, yeah,
but yeah, so I mean, just another thing where they've
(16:56):
kind of done it. Not here, here's your dual dated
scent and nickel. It's just that's not that's that's just subpar.
Speaker 3 (17:11):
I can't. I can't say that. Where's that going? Where's
that privy going? Close up with a small privy mark
proposed for twenty twenty six coinage, Okay, but where what coinage?
Speaker 2 (17:26):
I think they're going to probably put it on the
reverse huh.
Speaker 3 (17:32):
Both committees preferred the date range options of seventeen seventy
six and twenty twenty six, with a tilda over the combination.
The proposed prevy mark showcases an illustration of the Liberty Bill. Okay,
but they don't still don't tell us where the previews going.
Speaker 2 (17:49):
No, they have not really figured it out yet. Look,
it's like they're losing money on every single one of
these they make. But I still think that if you're
going to go to the trouble of making it, you
know how many times does this happen? Take advantage of it.
Speaker 3 (18:05):
Yeah, and I also can't wait for the phone calls
we're gonna get about those seventeen seventy six pennies.
Speaker 2 (18:09):
Yes, I've got a seventy seventeen seventy sixpenny.
Speaker 3 (18:13):
Oh man, it's gonna be great.
Speaker 2 (18:15):
Oh god, I can hardly wait.
Speaker 3 (18:17):
This next story is cool. I like this.
Speaker 2 (18:19):
Yes, So the US Mint has paired up with DC
and they are going to do superhero coins and medals,
and they're going to do a public vote to figure
out which characters they're gonna use.
Speaker 3 (18:32):
It's already up.
Speaker 2 (18:33):
I took it already, right, But they haven't. They haven't
decided who they're gonna use.
Speaker 3 (18:37):
No, but you can go to the Men's website and
vote in their survey on who should be on the coins. So,
if you have a favorite DC character, if you're a
Superman kind of guy or a Batman, kind of guy.
Speaker 2 (18:49):
Yeah, us Mit Dekov and you can go and take
the survey.
Speaker 3 (18:52):
Yep.
Speaker 2 (18:52):
All the bloom hates this idea.
Speaker 3 (18:56):
Coins. They're metals, so they're not going into the record
as being a denominated coin. It's a mint metal. I'm
down with that.
Speaker 2 (19:03):
Well, it's a coins and metals series.
Speaker 3 (19:07):
Yeah, but the so far, the the only thing they've
announced there is the mint Metals, which.
Speaker 2 (19:12):
Is as long as they stay there and stay in
that lane. But I have a feeling by the name
coins and Metals that there will be some coins involved.
To be really honest with you, it's like the Superman
maple leef that they made. There's no problem with that.
People like them. There's you know, I mean it did
(19:34):
bash it into the into the ground, like you know,
that would be that would be like the next quarter
series or something like that, you know, DC and Marvel.
Speaker 3 (19:42):
Yeah, and I'm reading in the chat Paul makes a
good point that the DC character coins and metals have
been done for a long time by a bunch of
other places, and maybe we're just hopping on the bandwagon
here with this one, and we'll see how how well
it's executed. I think that's going to be. The key
is the execution.
Speaker 2 (19:56):
But they're tremendously popular. You know, you have to think
about your core audience, and if you're gonna get younger,
you gotta pay attention to what younger people like.
Speaker 3 (20:07):
Yeah, and see the story here. It says the series
will feature nine iconic superheroes on twenty four carrot gold coins, coins,
the operative word nine nine nine, fine silver medals, and
non precious metal or clad metals.
Speaker 2 (20:21):
So gold coins, they'll be like, you know.
Speaker 3 (20:23):
We might be we might be getting a denominated Superman coin.
Speaker 2 (20:27):
Oh we will.
Speaker 3 (20:28):
I mean I think it's cool.
Speaker 2 (20:31):
And if you want to buy gold like that, why not?
Speaker 3 (20:33):
Yeah, whatever, I mean.
Speaker 2 (20:35):
I know they're going to charge enough for it, that's true.
Speaker 3 (20:38):
You ain't kidding.
Speaker 2 (20:39):
This one is one of my favorites. So nineteen eighty
three cent struck on a bronze planchet.
Speaker 3 (20:46):
Oh, that's cool.
Speaker 2 (20:47):
Covered. You know people are always looking for that eighty
two large date d in bronze. This one actually is
just as rare and maybe easier to find.
Speaker 3 (20:59):
Yeah. This is because it's the transitional error from when
they went from the copper blanks to the zinc planchets,
and so this is a leftover copper planchet that was
struck in a year where they should have been all zinc.
And that's why it's a rare coin.
Speaker 2 (21:14):
Yeah, because in eighty two they switched mid year, so
I mean they had already been making the zinc sense
for a long time when they're getting mad.
Speaker 3 (21:23):
That's why the eighty two gets really convoluted with all
the different you know, date sizes and which ones were
made in which composition, and people get confused by that
when they're looking at their coins, and sometimes they think
they found a rare one when it's just a common one.
But this, this is rare.
Speaker 2 (21:37):
Jack Riley says a jet small date. Yeah, I thought
that was funny.
Speaker 3 (21:43):
But but yeah, so that's that's pretty cool coin. It
says two great collections. That's told sold two circulating examples
over the past decade at thirty nine and four fifty
dollars each. I bet you this one brings more the
let's see what it's that now, Yeah, here it is.
Here's the auction doesn't say about grade wise, but this
was in MS sixty five red, so that's pretty much.
(22:05):
And it is at eighty seven hundred and fifty dollars
or nine and forty three dollars with.
Speaker 2 (22:10):
Buyer's fee, So and it still has a day left.
Speaker 3 (22:13):
Definitely going to be the most expensive one of these
ever sold. There's a bigger picture, very very cool, very cool.
Speaker 2 (22:20):
Great. Yeah, YUS is up and about on, But this
time I really liked a different counterfeit tack. So the
ac EF.
Speaker 3 (22:35):
Any Counterfeit Education YEF.
Speaker 2 (22:37):
That's right. So the ACEF is going to be at
the World's Fair Money and you can bring them up
to three counterfeit coins and they will stamp them in
cused copy to make them legal according to the Hobby
Protection Act and get rid of counterfeit coins off the market. Okay,
(23:02):
I don't know why they're limiting it to three No,
I mean.
Speaker 3 (23:06):
I get the sentiment behind it, but it just seems
kind of strange, like, hey, you know, bring your coin,
bring your fake coins to this big giant coin show,
and uh, we'll stand up for you. Yeah. Yeah, that's
a ticket.
Speaker 2 (23:20):
You know, it's one of those it's one of those
sticky wickets, right, because you certainly know that what they're
doing is is a service, right. You also know that
if the secret service is there and people have counterfeit coins,
they are duty found to arrest them.
Speaker 3 (23:38):
That's funny. I didn't think about that, but that's funny.
Maybe that's maybe it's a sting operation.
Speaker 2 (23:43):
I don't know. But at the same time, you know,
because I mean I remember Bath telling us that story,
you know, where she was talking about she had counterfeit
coins and she was talking to a secret service guy
and he's like, well, I hope you didn't bring them
with because you know, if you did, I would be
duty about arrest you for it. You all, no, No, I
didn't bring up with me. You know that good thing.
(24:04):
So it was like, yeah, no, it's just one of
those things. So I like the idea of what they're doing.
I would think about this as like giving clean needles
to a heroin addicts.
Speaker 3 (24:15):
Yeah, that's a good what's a good way to put it.
Speaker 2 (24:17):
I think it's a good analogy because it's it's it's
taking something really bad off the street, you know, I
think it's the city. I can't help it.
Speaker 3 (24:27):
I mean, I get where they're going with it, and
and you know, the sentiment is there. But there's a
lot of other things I think they could spend their
time on at this particular show, especially rather than stamping
coins for people that are fake, you know, like put
on some put on some seminars about what's out there
and what we're up against, and you know, get people
that are integral into the fighting of this together. You know,
(24:48):
put put the right people together, you know. I mean,
that's that's what you should be doing here, not necessarily
stamp and fake coins. That's what I disagree. That's what
I think at least.
Speaker 2 (25:01):
So that was the news, and the news tonight was
brought to us by Mistakes. We had a really really
great slogan for this segment, but somebody erased it from
our computer. But right on brand for us, and that's
why we are proud to be Mistakes.
Speaker 3 (25:20):
You're listening to the.
Speaker 1 (25:21):
Coin Show podcast with Matt Dinger and Mike Noteleman.
Speaker 3 (25:28):
Man. That was a good news segment. I think I
appreciate your your digging on those. There's a dublanes.
Speaker 2 (25:33):
You know, we have been gone a little bit. For
people that were at the hangout last week, they found
out I had been sick, and so that's why we're off.
I'm still kind of working my way through it, but
I'm able at least to speak clearly now.
Speaker 3 (25:49):
So Yeah, let's talk with Bruce here. So Bruce asked,
I'm curious to know what do you think about the
TPG's offering of mystery boxes like Fault Box and others
taking a page off the trading car companies. They sell
it minutes and they have a Reselle double. Is it
a fad here to stay? I've bought a few made
money off them first time listeners, So excuse me if
it was talked about previously. We have talked about it previously.
(26:10):
But you know what, it's okay because we love to
talk about.
Speaker 2 (26:14):
And it's an evolving subject.
Speaker 3 (26:16):
Correct. Yeah.
Speaker 2 (26:17):
So when they first came out, they were they were
really big, and I think it was because there was
so much hope and so much promise in them. And
I think that as as people have kind of figured out,
or at least as the idea shaken out, people have
kind of seen, Okay, well, either I want to do
that or I don't. And you know, I've been one
(26:40):
of the I don't because I just don't see a
value in it.
Speaker 3 (26:44):
If you go back and look, we have made a
couple of videos about them. I did some openings just
to kind of see what we got. But you know,
you know, and I'm you know, I have a bottom
in the last like three or four releases just because
I'm over it.
Speaker 2 (26:58):
You know.
Speaker 3 (26:59):
It's it's nothing that I like. It's gambling basically, as pauls.
Speaker 2 (27:03):
It's a lottery more than anything else.
Speaker 3 (27:07):
It really is. And I think that there are certain
people out there that enjoy that, and that's perfectly fine.
That's on you. You can definitely do that if you
would like. But it's not something for me. And I
don't necessarily think it's something that's great for the industry,
but it is not only not.
Speaker 2 (27:21):
Good for the industry. But think about this, so you know,
it's the grading company that's doing.
Speaker 3 (27:27):
This, right, No, it's a private company. The grading company
is supposedly randomizing the boxes they assemble, the grade.
Speaker 2 (27:34):
The going handed it is I guess what I'm saying.
Speaker 3 (27:38):
Correct, Yes, they they they assemble the boxes in the
packaging and then ship them back to the company.
Speaker 2 (27:46):
And that to me just screams conflict of interest, It screams.
But I think more importantly it's the whole lottery aspect.
Speaker 3 (27:54):
You have.
Speaker 2 (27:55):
The company that's that's running this is making money every time,
and people are taking chances that they will make money
on one of these boxes. Now there's a guaranteed winner,
and there's potential winners, so there's there's a bunch of losers.
Speaker 3 (28:16):
There's lots of these boxes that are worth quite a
bit more than you pay for it. Some of them
worth a heck of a lot more than you pay
for it, But the majority of them are losers. The
majority of them. You get back less than what you
paid for the box out of the things you get
out of it. And that's just how it works in a.
Speaker 2 (28:32):
The overwhelming majority of them are losers.
Speaker 3 (28:35):
Well, yeah, of course, but that's how it works in
a in a system like this, It's just the same
way with sports cards and Pokemon packs and all that
other stuff. You know, you buy a pack of Pokemon
cards for five bucks, you might only pull two hours
with the cards, or fifty cents worth of cards. That's
just the way it is. It's just on a bigger
scale here.
Speaker 2 (28:53):
So see, I I guess I look at card collecting
differently than you do because I never went to buy
the Pokemon packs to see how much money I'd get
out of them. I did it because I wanted to
collect the cards and maybe maybe.
Speaker 3 (29:08):
The people that are buying these just want to collect
the coins.
Speaker 2 (29:13):
Again, I just don't think they're doing you know, a
great service for it.
Speaker 3 (29:16):
That's no, and I and but you know, I also can't.
I can't fault the people that are doing it for
having the idea of doing it.
Speaker 2 (29:28):
I only question whether or not it's legal.
Speaker 3 (29:31):
I think it's legal because.
Speaker 2 (29:32):
Anybody has to be because they would have been shut down.
Speaker 3 (29:35):
I've talked to my lawyer about this a couple of times.
He's also a customer mind who stops at my office.
We had several back and forth discussions, and he's on me.
As long as everybody gets something, it's okay.
Speaker 2 (29:47):
Well, yeah, it's the whole victim most crime thing.
Speaker 3 (29:50):
Well it's not that, it's it's you know what you're
getting yourself into right off the bat. So, uh, it
just is what it is. But as long as everybody
gets something, then good. You don't have anybody that's paying
money for nothing.
Speaker 2 (30:03):
Right square at a football pool correct or or like
a poll tab ticket or sometimes although sometimes it seems
like what they get is really kind of exactly.
Speaker 3 (30:14):
So yeah, see you look, Indigundeva says, I pulled the
seventy nine C. C. Morgan in nine point two for
series four. I drive that coin to work daily. See,
there you go.
Speaker 2 (30:29):
That's and and God, plus I'm glad somebody we know,
you know, God out.
Speaker 3 (30:36):
There people hit the stuff and that just is what
it is. So there you go. Bruce says they're still
selling out in minutes, and it's true they are. They
just fly off the shelves when they put him out.
Speaker 2 (30:48):
Jack Young says he plans to bring a mystery box
to Nah. Well, yeah, that's the thing is with Jack,
you never know what the mystery is.
Speaker 3 (30:56):
They're gonna have a hole in the top and have
to put my hand in it. That's going to be
It's Yeah.
Speaker 2 (31:00):
It's gonna have felt over it, and you're gonna stick
your hands through the felt and then you're gonna figure
out what's inside of it. Yeah, it's kinda slab in it,
and you have to figure out what the quint is
real without looking.
Speaker 3 (31:10):
At you know.
Speaker 2 (31:14):
Okay, let's get what's the current conversation.
Speaker 3 (31:23):
Nothing, the current conversation is definitely not something. Sorry about that. Yeah,
see that's why we do this stuff. Chump that right out. Oh,
do you want to talk about the meetup that we're
doing in Chicago.
Speaker 2 (31:41):
Yes, Yes, So on Thursday night, Thursday night, we are
gonna be doing a meet and greet at the.
Speaker 3 (31:51):
Hotel, probably the Higatt h the Big Atrium area.
Speaker 2 (32:00):
It's right across the street from the from the Convention Center.
And it'll be in the evening after the show has
closed and everybody's had dinner. We're gonna sit around and
we're just gonna kind of be us and have a
few cocktails. And I'm quite certain that there will be
entertainment of some sort. Yeah.
Speaker 3 (32:20):
I think Spencer might be bringing a banjo this year.
Speaker 2 (32:24):
You know, I will tell you this. When you told
me that he brought his mandolin, I was like, I
just don't see this. Spencer's amazing, God tread It's crazy.
He is amazing.
Speaker 3 (32:35):
So I'm all in webout a banjo the other day
just across the counter, because he knows stringed instruments and
he has been playing that thing NonStop and it is
just so much fun.
Speaker 2 (32:45):
So does he go here? Here, here, here, here.
Speaker 3 (32:49):
He's played the Beverly Hillbillies theme song the other day.
Speaker 4 (32:51):
Really yeah wow, flat and scrugs yeah, Matt asks just
out of curious anywhere on when the next Mega Red
will be released.
Speaker 2 (33:05):
That's hard to say because I'm sure that there's there's
one in the pipeline, but I don't know how far
they're going with the series that was kind of Dennis's baby.
Speaker 3 (33:16):
Yeah, I mean we can reach out to John Well,
ask Jeff or Jeff Garrett.
Speaker 2 (33:21):
Yeah, Jeff No, I mean that's he's, you know, the editor.
Speaker 3 (33:25):
We can reach out to those guys and see when
the next Mega Red is coming out.
Speaker 2 (33:29):
Yeah, because this one is what number ten.
Speaker 3 (33:33):
I don't know, it's it's it's way down there.
Speaker 2 (33:35):
Well, I mean they're gonna run out of coins at
some point.
Speaker 3 (33:40):
The coins making Sense asked, Will there'll be another test?
I need to study.
Speaker 2 (33:46):
You know, if Barry is around, you should always be
prepared for a quiz.
Speaker 3 (33:50):
We had a quiz at the last meet and greet
and it was like a high school test. You were
giving a pen and two pieces of paper and there
were questions to answer.
Speaker 2 (33:57):
And the funny thing is is people actually enjoyed it.
Speaker 3 (34:00):
Had We had a blast. We had a blast.
Speaker 2 (34:02):
It was weird. We nerded out and they had a test.
Speaker 3 (34:06):
Yep, yep, it was fun. Leanna said that she said
that she wished there were things like that when she
was in school. Let's see, did they still have the
grading workshops and seminars at the ANA? You know, I
don't think they do, and I remember that they used
to because I took grading one with John Shook Junior
(34:29):
many moons ago, and it was really cool because it
was right there at the show.
Speaker 2 (34:34):
If I am not mistaken, there is either a grading
seminar or workshop, either online or at the a NA
this year. I'm not sure, but it's look at money
dot org and you should be able to find it
because I know that they went to online classes.
Speaker 3 (34:51):
Again, they can't online. It's really hard to do, right,
I agree? I agree? Casey asks, do you think cryptocurrency
will end American numismatics? NA? I sure don't. Unfortunately, we
talked about this. I don't know if this last episode
or the episode before, but the American dollar is the
(35:14):
reserve currency of the world. The American dollars used like
most other countries in the world because a lot of
other countries' money sucks, like their government suck. They just
can't their dollars or their whatever denomination their coin is
it not worth anything, So they trade an American dollar bills,
you know, coinage. Most of the American paper money in
(35:35):
the world is actually outside of the United States, something
like I think of a seventy five percent of the
paper money that's printed by the Federal Reserve is actually
out of the country.
Speaker 2 (35:44):
And for all the gloom and doom people, well, you know,
China's doing this China. It's like something that does come
into play as the stability of governments. And although it
is an authoritarian regime, authoritarian regimes get on overthrown, it
is not a long standing regime. And that's kind of
(36:06):
where stability comes from.
Speaker 3 (36:08):
Yeah, and that's usually a messy, messy endeavor for every
so but yeah, I mean that's that's my take on it.
I just don't think that that cryptocurrency has anything that
you know, that that is going to do anything to
take that away. I mean, I get it that these
(36:29):
other countries, these people in other countries could use crypto too,
but most of these countries that use our dowarde are poor.
That people don't have the the access or availability to
get you know, something that they can keep their crypto on,
or they don't have steady internet, you know, to transfer,
buy or sell this stuff.
Speaker 2 (36:46):
Yeah, and then there is the just absolute nightmares of
you know, like locking yourself out of it and all
the other things that can happen, not necessarily do, but
can happen.
Speaker 3 (36:58):
You know, they give instability to so h A and
A has a counterfeit detection past this year. Coin's making
Sense says, Okay, there you go, there you go.
Speaker 2 (37:07):
So I'm sure I thought it was something it was
either counterfeit or grading. But yeah, I saw it online.
There was a there was a thing about it.
Speaker 3 (37:14):
There you go, Jack says, anyone know if c AC
will be accepting grading submissions at A and A. I
don't know if they're doing on site grading, but I
suspect that you can.
Speaker 2 (37:24):
You can submit and have them signed it. Let me see,
let me let me go to the website, should be
able to.
Speaker 3 (37:34):
I don't see anything on their website right off the
bat if they're going to be accepting coins. I looked
at the news and articles, the FAQ section. I don't
really see anything. So the answer is I don't know.
That is the official answer. I'm going to give you the.
Speaker 2 (37:52):
Official answer of the Coin Show podcast.
Speaker 3 (37:55):
I don't know. Georgian Texas says, I hop into a
new area and purchased my first uh Attica to dram
big old awl coin recently five out of five and
four out of five. It's a beauty. I love that coin,
you know.
Speaker 2 (38:12):
I don't know anybody who doesn't. I even have a
T shirt that has the owl on the front and
the thing on the back a line drawing of the coin,
and yeah, it's just iconic. They're not it was Aaron
likes to say that that was the Morgan dollar of
ancient Rome. I mean, he's not wrong because they made
(38:33):
him for so long and there were so many of
them made that, you know.
Speaker 3 (38:37):
So I want to show you something cool. I'm actually
pulling up my email right now, so shame was plugged,
but I'm going to show you there's actually two types
of these coins. There's what they call the old style
and the new style. And the old style is the
one that you guys are thinking talking about. But we
just got back from the grading company a really really
(38:58):
nice new style which I have here. Pull it up there.
It is so this is a really really nice news
style and you can see that the bust is different,
a much more stylized and you know a little bit
more modern looking, and then the reverses. I like the
owl on this one better than I do the other one,
(39:18):
but that's just me.
Speaker 2 (39:20):
I see, that is just you, because I completely disagree.
I like the other one so much better.
Speaker 3 (39:25):
And this was cool because it has the amphora, the
owls standing on the amphora. And yeah.
Speaker 2 (39:31):
The one thing that I'll give this coin is it
is so it is so well struck and and well
the dyes are so well made. Yes, it's it's almost
uncharacteristic of an ancient coin.
Speaker 3 (39:47):
Correct. Yeah, And that's why I liked it, because I
mean it's really I mean, you have all the detail
on the head and the helmet and the comb and
the it's just a cool coin. So anyway, sorry I
went out, But that's just a cool piece that we
that relates to what we're relates to what we're talking about.
Speaker 2 (40:08):
I own maybe three ancient coins, and that's still one
that i'd like to have.
Speaker 3 (40:13):
Yeah. We actually bought that coin raw and had it
certified and just came back a couple of days ago.
So well, let's answer all my question. There's one more
good question in the chat here, and then we'll jump
over to the coolest thing Mikey asks, as a lot
of indues are going cashless and people are using plastic
more than paper money, where do you see coin and
(40:33):
paper collecting going? So for me, I think that even
if we went totally cashless as an economy, that there
would still be people collecting this old, cool stuff because people,
you know a lot of people. Some people just have
the collecting bug, you know, like me, I collect all
sorts of stuff. Coins just happened to be one of
the things that I'm interested in. Paper money and you
(40:56):
know a bunch of other stuff that you can see
in my office back here. Just you know, you're collector,
and it doesn't matter what you collect. Sometimes, much like
ancient coins, there is an end date to that era,
and that's I think really all it would be was
just an end date to this particular or we'd start
a new era of something else, because I guarantee whatever
(41:18):
people use, what they use in their daily life for
money or for whatever it is, is going to be collectible.
You come out of the womb, you get a microchip
and plant it in your arm, and that's where you
keep all your money for the rest of your life.
God it stays on account Yep, it's coming.
Speaker 2 (41:34):
Probably come by people.
Speaker 3 (41:36):
And yet now maybe hard to say, crazy, ain't it?
Speaker 2 (41:44):
But yeah, but I think that that's that's a good
way to answer the question because it's not really a
matter of will it or won't it, but what happens
when it does?
Speaker 3 (41:54):
All right, but you ready to do this?
Speaker 2 (41:56):
So? Are you ready for a beating? No?
Speaker 3 (41:59):
No, it's good, it's not gonna happen. I promise you
you're gonna lose.
Speaker 2 (42:02):
Okay, well, I guess our listeners are gonna have to
are gonna have suss out for us. So and now for.
Speaker 1 (42:10):
The coolest thing to walk in? This week a competition
segment between Matt and Mike to see who's had the
coolest thing walk into their shops. Who will win this episode?
Let's find out, Matt Mike, who's got the coolest thing?
Speaker 3 (42:31):
I'm gonna start because I saw minds up first. I
nerd it out on this coin, mostly because I'm a nerd.
Speaker 2 (42:39):
And beautiful coin.
Speaker 3 (42:40):
It is a beautiful coin, and it has something that
you see very very very rarely on gold coins, and
that is tony. This coin is heavily toned, and most
people say, oh, gold doesn't tone.
Speaker 2 (42:54):
It does well. I might argue that it doesn't, and
it is not the gold that toned in this.
Speaker 3 (42:59):
It's the copper, correct, But gold coins people say gold coins,
they surely do, because certainly, and gold tones really pretty
shades of like rust and purple and kind of gun metal,
gun metal, and that's pretty much all the colors you see.
Maybe you'll see a little bit of blue every once
in a while. But this coin was just so heavily
(43:20):
toned that I nerded out on it. And let me
show you the back here. Get to the back.
Speaker 2 (43:26):
It never seems to get to a terminal state where
you look at it and go.
Speaker 3 (43:30):
It won't it will gold gold won't, which is what
the terminal state is. It's actually turns into corrosion because
gold does have that, you know, that ability. It's very
non reactive. And then on the back of this coin
you see the other color that we kind of run
into a lot, which is I mean, gold is yellow,
but this is an orange. This is like a rust
orange kind of and then you have the pretty kind
(43:53):
of yellow orange around the eagle. It's just a beautiful coin.
It's not a really high grade coin. It's a common date.
But this was just something that as a coin guy,
I thought, you know what, that's cool, and that's what
I brought for the coolest thing.
Speaker 2 (44:05):
It's cool, but common, and what I've known is not.
Speaker 3 (44:11):
Really When was the last time you bought a gold
coin to look like that?
Speaker 2 (44:15):
Well, when was the last time I wanted to? That's
the real question.
Speaker 3 (44:18):
Well, but this is what walked in.
Speaker 2 (44:21):
Apparently it did, and now we will move to what
walked into my shop and came across the counter, which
is something very cool, something you really don't see a
lot of. So the Hawaii bills were made during World
War Two as an emergency currency. Basically, they recalled all
of the money on Hawaii after the attack on Pearl Harbor,
(44:44):
and they said, we're going to reissue all of it
with brown cereal numbers, brown seals, and a Hawaii overprint.
And this way, if the the islands are taken by
the Japanese, we demonetized them, we can never redeem them
for the gold and the silver that at the time
you could redeem them for, and so these would be worthless.
Speaker 3 (45:07):
Yeah, Basically, they didn't want a whole bunch of spendable
US currency falling into the hands of the enemy. Who
could use it for bribes or to pay agents or
to cause handy.
Speaker 2 (45:17):
Could also cash it in for silver and gold, which
is good anywhere and very helpful and very useful to criminals.
So yes, it was a way of doing that. They
also did something for North Africa, and that's kind of cool,
but that's not what walked in. Most of these that
you see are one dollar bills. The fives to tens
(45:37):
in the twenties are pretty tough, and this one's in
really nice shape. Now. It's got a little bit of
standing up towards the top. I'll be honest with you,
if I took this, I could probably get some of
that dirt off of it. I think it's something that
wouldn't harm it, you know, to just kind of soak
it a little bit and see if some of the
(45:58):
dirt would come off. But uh, but other than that,
it's it's in beautiful shape. It's fairly white, it doesn't
have a ton of folds in it, and is just
a really nice example of a twenty dollars Hawaii.
Speaker 3 (46:12):
Know, Yeah, I like it. I like it.
Speaker 2 (46:17):
That overprint was really something when I was a kid.
I don't know what it was about it though, it
was just absolutely it just absolutely grabbed me.
Speaker 3 (46:25):
Yep. And the cool part is there are some inverted
overprinted errors out there that I have seen go through
auctions before.
Speaker 2 (46:32):
On the river.
Speaker 3 (46:33):
Yeah, they flipped the flip the overprint. So uh yeah,
very very much in Texas.
Speaker 2 (46:39):
Soaking it scares me to even think about it. So, George,
hot water, just hot water.
Speaker 3 (46:47):
Oh, I thought you guys were talking about that thing
that the Mormons do.
Speaker 2 (46:52):
No, but you just you kind of take them and
you just soak them in really hot water, and a
lot of times some of that that crust that's on
them will just kind of come off. It's amazing, and
then you just lay flat and they recover, you know,
absolutely the way they were because it's right. That was
(47:12):
the coolest thing that walked into our shops this week
and completely unsponsored but available to you on Friends of
the Coin showed our Facebook page. So if you guys
don't know, one of the things about Facebook is the
algorithm and they kind of control who sees what and
(47:32):
when they see it, and they delayed. It's like, so
we created a closed group where all you have to
do is come and ask to join and we'll let
you in you know, we're not real picky about who
we allow, and you can come in. You can see
everything that everybody posts, and that's nice because we post
(47:52):
our shorts there. We post our we post our videos,
our podcasts and all the other episodes and things like that.
Speaker 3 (48:01):
I'm gonna pull it up here just so you guys
can kind of get an idea of some of the
fun stuff that goes on in there. Here is Friends
of the Quin Show. So this is the page right now.
We have discussions going about a coin that this gentleman
found at the found a change at a restaurant, which
looks like a fun little lamination. If we have people
talking about their twenty twenty four morgans talking about an
(48:22):
interesting token tokens so called dollar Franklin halfs a not
three legger, which is cool. That was a really interesting
thread that people have got to learn about three leggers
and identification.
Speaker 2 (48:37):
I will tell you what you get more out of
those authentication threads.
Speaker 3 (48:41):
Yep, yep, you do. So this is all in just
the last few days.
Speaker 2 (48:44):
Guys.
Speaker 3 (48:45):
If you want to participate, there are a people are
in here. Six thousand and five hundred fellow coin nerds
are in that group hanging out talking about coins. So
come on hang out with us. It'll be I promise
there will be a poll pole.
Speaker 2 (48:59):
Yeah, you can vote for me and you can send
Matt pack and with this.
Speaker 3 (49:07):
Hey, you know what I think I'm gonna do. I'm
gonna nickname my Toner. Let's see here, I'm gonna call
you Sunfire.
Speaker 2 (49:18):
Are you taking a shot at us?
Speaker 3 (49:20):
Maybe?
Speaker 2 (49:23):
All right? So we would like to thank everybody who
helps us to put this together. All the people behind
the scenes who run our Facebook page for us, who
help us with the questions in here, help us produce
this uh, sometimes give annoying tests and sometimes just give
this general support, run our reddit or whatever, because I
mean we are literally everywhere now, We're on We're on Instagram,
(49:46):
We're on are we on TikTok?
Speaker 3 (49:48):
Not live, but we do.
Speaker 2 (49:51):
While YouTube, Facebook, Yeah, Reddit. Thank you to everybody who
helps with that. Thank you mostly to you guys who listen.
Without you, this a whole endeavor would be pointless. We
are going to do a hangout again next week and
then that yeah, and then we will be off the
(50:11):
week of the Ana. Yep. So we hang out and
we're gonna be off for a week and then we'll
do the show uh the week after the ANA.
Speaker 3 (50:20):
So but just because the show is not going on,
don't expect that there won't be any content. I have
plans to make all sorts of fun content at the show,
kind of as you said, hopefully.
Speaker 2 (50:30):
We'll have stuff from our meet and great to share.
You know, there will be a lot going on.
Speaker 3 (50:35):
I try to make it like you're there, but if
you can't make it, you can get an idea what's
going on.
Speaker 2 (50:40):
So there you go, and in a shameless plug, if
you are interested at all in ancient coins, you can
check out my other podcast, Ancient Coin Podcast with Aaron Burke.
It is also available on YouTube. So Matt, thanks buddy.
Speaker 3 (50:58):
All right, everybody, have great evening.
Speaker 2 (51:01):
We'll talk to you in a couple of weeks.
Speaker 1 (51:04):
You've been listening to the Coin Show podcast with Matt
Dinger and Mike Notleman ten years in going. We hope
you've gotten some useful and practical information from this show
and we'll be back soon. But in the meantime, hook
up with us on Facebook at facebook dot com slash
Coinshow Radio. There you'll find our live streams. Plus the
(51:25):
podcast is on all the usual places like iTunes, iHeartRadio,
Spotify and more. For our private group on Facebook, look
up Friends of the coin Show podcast. Find us on
Twitter and Instagram at the coin Show and sign up
to be one of our patrons at patreon dot com
slash the coin Show. If you come in at the
(51:45):
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