September 15, 2024 • 50 mins
Episode Description
Join Mike and Matt for another awesome episode of The Coin Show Podcast, where they delve into the fascinating world of coins and currency. In this exciting installment, they cover a variety of engaging topics:
News in Numismatics: Stay up to date with the latest happenings in the coin collecting universe. Mike and Matt explore recent developments, news you should know, and noteworthy trends.
Your Coolest Thing: The guys give you a new take on an old friend with YOUR coolect thing!
Listner Questions: Mike and Matt answer questions from the live chat!
Join Mike and Matt for another awesome episode of The Coin Show Podcast, where they delve into the fascinating world of coins and currency. In this exciting installment, they cover a variety of engaging topics:
News in Numismatics: Stay up to date with the latest happenings in the coin collecting universe. Mike and Matt explore recent developments, news you should know, and noteworthy trends.
Your Coolest Thing: The guys give you a new take on an old friend with YOUR coolect thing!
Listner Questions: Mike and Matt answer questions from the live chat!
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
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 Nottleman on the Coin Show Podcast.
Speaker 2 (00:23):
It is episode two thirty nine of the Coin Show Podcast.
I'm Mike and I'm Matt. And on tonight's episode, we
are going to take a look at your coolest thing,
put a new twist on it, love it. We are
going to talk about a lot of the stuff that's
going on in the world of coins right now. We
are going to interact with our listeners via chat. Take
(00:44):
some quens, take some questions, and see what we can
do to entertain them. Take requests free. First, as always,
the news here it is whose news brought to you by?
(01:09):
This is brought to us by sidewalks keeping those darn
kids off your grass for over one hundred years sidewalks.
Speaker 3 (01:16):
What but don't you know that you don't You only
don't own the part between the sidewalk and the street.
Speaker 2 (01:24):
No, no, you don't. But but if you have a sidewalk,
you can tell them to get off of your grass.
Speaker 3 (01:30):
Okay, that's true. I guess did you do that, Are
you the guy?
Speaker 2 (01:36):
No? Okay, no I'm not, although I have some problems
with you know, some of the people and their dogs.
But yeah, yeah pick dog guy. So I understand they
got to go somewhere. Don't always have a bag with you.
Speaker 3 (01:49):
I know, nobody must have walked around with the bag
of turds, but I mean you got to your dogs.
Speaker 2 (01:53):
Sometimes it's your dog dogs. This is brought to us
by Dog Turns.
Speaker 3 (01:58):
No, no, you can't have that.
Speaker 2 (02:02):
So the Royal Mint has done something correctly that Grading
Services tried to do probably twenty years ago incorrectly.
Speaker 3 (02:13):
Okay, what was this?
Speaker 2 (02:14):
So everybody has seen a holder from MGC or PCGS
that says first strike. Sure, early releases, but it doesn't
really mean anything as far as you know the order
in which they are coined.
Speaker 3 (02:30):
Right, So the Royal Integrating Company before a certain date.
Speaker 2 (02:34):
Yeah, So the Royal Mint is partnered with Stax Bowers
to sell the first strikes, the actual first strikes of
these coins.
Speaker 3 (02:45):
It's like the very first strike or like the.
Speaker 2 (02:47):
Very first strikes. So you will be able to require
one or several of the historic first strike coins that
were not available to collectors because they were put outside for.
Speaker 3 (03:00):
They're taking it to the next level of really actually
giving you the first strike.
Speaker 2 (03:05):
That's kind of the whole point. So they're going to
they're going to offer their apartner with SAX powers and
they're going to certify them. As you know, the first
ones and a lot of the ones from this are
going to be uh twenty twenty three Coronation Coins silver
and gold, twenty twenty three Coronation Britannias and twenty twenty
(03:26):
four Britannian Liberty one ounce gold.
Speaker 3 (03:29):
But how many, like obviously that's not a not a
lot of coins, I mean, but this is like we're
looking at a couple dozen coins maybe total.
Speaker 2 (03:37):
You know that it's like the I think it is
like the maybe the first ten of each type maybe
or it's some small number, but it's a really small number,
and it was the actual first coins, gotcha. I would
expect to see some proof like surfaces every single one
of these, That's.
Speaker 3 (03:54):
What I'm saying, because it's like, you know, if you
get the very first one struck, it's only one coin,
and you can only you know, there's only so many
as they make everywhere.
Speaker 2 (04:01):
Yeah, No, I don't think tax flowers would contract for
like six coins.
Speaker 3 (04:05):
Yeah, well, I mean, just that interesting story.
Speaker 2 (04:11):
The New Jersey governor has enacted tax exemption for investment
billion and coins. It's about time. Good job, New Jersey. Yes,
now New Jersey joins the other forty seven states. Right,
you don't have tax on coins and bullion and investment.
Speaker 3 (04:30):
Yeah, they certainly have. I mean every state's a little
bit different. I know that Indiana and Illinois a little
bit different from each other. For the most part, we
are pretty much exempt on almost everything. And I know
you guys are exempt on actually more things than leon are,
which is kind of crazy if you think about it.
Speaker 2 (04:46):
Yeah, it only makes common sense, you know, to have
no sales tax on this stuff. It's just right.
Speaker 3 (04:53):
Yeah, you don't pay sales tax on your mind'stocks.
Speaker 2 (04:56):
So no, you only pay tax on the income you
make from them.
Speaker 3 (05:01):
Right, same thing. So, oh cool Jersey. You guys are
knocking it out of the park.
Speaker 2 (05:07):
Yeah, no, absolutely good good job. In New Jersey, Coin Week
has a really cool story about how the world's largest
gold bars got made. And this goes way back in time.
In this story, it's it's a good article. You should
go back. You should go through this and read it.
But they're talking about two exceptionally large bars that were
(05:28):
made during the nineteenth century. So one of them was
a bar weighing sixty one twenty seven point seventy eight
try ounces. That's a big bar. It is a huge bar.
And the second one was cast from an output of
three Montana mines and weighed sixty nine hundred and ninety
five troy ounces.
Speaker 3 (05:46):
That is also a very large bar. To see pictures
of them, but I guess I don't see any.
Speaker 2 (05:52):
The one bar had a very large amount of silver
in it. So the bar, let's see, it was the
sixty one twenty seven Troyhouse bar from North Bloomfield was
a result of a single cleanup after twenty days of
continuous running. The bar contained point eight nine seven fine
native gold. You know, it had a total value or
(06:13):
it has a total value of one hundred and fourteen
thousand dollars, right, and that's one hundred and thirteen thousand
dollars in gold. It is six hundred and eighty three
dollars in silver. But the Broadwater bar was more pure
or no, it was point six eight nine gold and
point three one one silver.
Speaker 3 (06:35):
Huh Yeah, interesting.
Speaker 2 (06:38):
So those bars eventually were destroyed anyway, and now we
have you know, there are still people that want to compete,
and so there is a mint that currently has minted
a two hundred and fifty thousand gram bar, which.
Speaker 3 (06:54):
Is eight thousand and thirty eight tryouses for those of
who wanted to do the man.
Speaker 2 (06:57):
Enough to make the record, and this is pure I
think that's.
Speaker 3 (07:01):
Just like, how are you going to pick it up?
Well you're not, but the fork, yeah, But I think
I think that is just like one of those things
that's like why are you doing this? And the answer
is because they can? Yes, I mean why does man
climb a mountain? It's just the ultimate, the ultimate show
of wealth, like, hey guys, let's make a bar. Well.
Speaker 2 (07:22):
I mean there's there's money and then there's you know
a few money kind of thing. And this can only
be owned by somebody who has just money to burn.
Speaker 3 (07:32):
I think it's probably owned by this corporation, right seeds.
Speaker 2 (07:36):
Actually this has been certified. It has a Guinness World Record.
That's crazy.
Speaker 3 (07:41):
So MITCHEBC Medals Corporation subsidiary subsidiary of MITCHEBC, and it's
our display at the toy Goid Gold Museum in Japan
nuts bananas.
Speaker 2 (07:54):
Mitsubishi being Japanese for three diamonds.
Speaker 3 (07:58):
Oh, I see, I didn't know that.
Speaker 2 (08:01):
The United States Mint has released the twenty twenty four
uncirculated midsets. Okay, they started out with sales of one
hundred thirty six thousand and six that are thirty one
You know what this says to me? Do you remember
when they made that two hundred thousand enhanced uncirculated sets. Yes,
and and they sold out, you know, within ten minutes.
(08:22):
I do remember that this wouldn't even make that. Yeah,
oh that's nuts. One hundred and thirty six thousand sets,
that's it. And a lot of those are coin shops
like me that are ordering twenty twenty five thirty of them.
Speaker 3 (08:38):
I mean again, I think there's all just boils back
down to the fact that they're making so much stuff,
they're making so many different things every year that people's
attention gets spread out or they lose they lose their
attention because they can't decide which thing they're going to buy,
so they just kind of, you.
Speaker 2 (08:53):
Know, well, it's like a you know, I mean, the
ending sales for most of the mid sets now is
ending somewhere around two hundred two thirty two fifty. Yeah,
you know last year's they're still available, but they haven't
broken three thousand, or they haven't broken two hundred thousand yet.
Speaker 3 (09:14):
Yeah, I mean look at the looking back in like
two thousand and seven, though, look at this two thousand
and seven, almost nine hundred thousand sets. That's not good. Friends.
You go from nine hundred thousand to one hundred and
eighty three thousand in uh, you know, fifteen years, that's
not good.
Speaker 2 (09:30):
People are not collecting the way they used to.
Speaker 3 (09:33):
Well, people just don't want People just don't want glorified
change in a fancy packaging anymore.
Speaker 2 (09:40):
Okay, So after then, let me ask you, this is
this what they want? Next story? Maybe so the United
States mith now has a twenty twenty four proof Palladium Eagle.
Speaker 3 (09:55):
Again, no, probably not, probably not what they're after. And
maybe that's what I'm saying. Maybe they've been. Maybe they're
finally listening to me after all these years that modern
coins suck. So that's I think what it is. They
just listen to me. Finally.
Speaker 2 (10:08):
The Palladium Eagle four day started sales fourteen hundred and
seventy three it's only a maximum minute of seventy five hundred,
and they couldn't even sell that out.
Speaker 3 (10:19):
Yeah, they sold four day sales of fourteen hundred and
twenty three. Well what's the price? I mean what, let's
see they're priced at nineteen hundred bucks nineteen hundred yeah, okay,
and palladiums what nine hundred or one thousand palladiums?
Speaker 2 (10:32):
Like? Uh? Yeah, I want to say it's right around
one thousand, a little bit under, a little bit under
because platinum is just at and pladiums a little under it.
Speaker 3 (10:43):
Let's yeah, Oh it's right here, it's right here on
the things today. It closed in one thousand and sixty two.
Speaker 2 (10:48):
Oh there out of platinum.
Speaker 3 (10:52):
Eight hundred and fifty dollars markup. Well, no wonder people
are buying them.
Speaker 2 (10:56):
Uh goofy. But I mean you know what I what
I really you look at the these eagles, though, is
that they the first year was a proof, the second
year was a reverse proof, third year was an uncirculated one. Right.
(11:17):
Then in twenty one they made a uh what they
made another proof. Twenty two they made a reverse proof.
They made it an uncirculated one. Last last year, So
that means this should be a proofygun. So that's what
this is. It's just a pattern. Yeah.
Speaker 3 (11:35):
Again, like I said, you just got to look at
the markup though, I think that's where they're losing the detraction.
If they mark this thing up like three hundred bucks
over melt, I think they would sell a heck of
a lot more of them.
Speaker 2 (11:45):
But they just don't think they want to sell them.
That's I really wonder if they want to. Well, when
you look at.
Speaker 3 (11:52):
Silver eagles, they sell, you know, they sell quite a
bit more of the silver eagles, but they mark those
things up like what three times their melt value, So
I mean, I get it. But the gold eagles, the
gold eagle proofs are like three four hundred dollars over
so well, I of course they sell quite a few
more of those.
Speaker 2 (12:06):
I will offer this. I work in a major city,
in a financial center of that city, and we don't
really sell a lot of palladium at all. We don't
see a lot of platinum either. It's mostly gold and silver. Yeah,
I listened to the two main ones. My thing is
is that so we have palladium mayple leafs because they're
(12:28):
easy to find and they're cheap, so I just don't.
It's like, we get like two or three of them,
we sit on them forever. I just don't see any
reason to buy these in particularly not to pay you know,
twice melt for them. They're not a collector coin. I
guess I can't say I disagree with you.
Speaker 3 (12:50):
You disagree with me, I said, I guess I can't
say that.
Speaker 2 (12:52):
I would hope not. This next story is about an
amazing Proofike dollar off number pair. Yeah. I know.
Speaker 3 (13:04):
It's like, let's just have some fun at the mint
while the doors are closed, and we'll just start making
stuff for our friends.
Speaker 2 (13:10):
And that's how you end up with these things. Yes,
and yeah, So this is a a nickel and a dime.
Speaker 3 (13:19):
So it's a nickel plant it here on the bottom,
and a dime planet here on the top. And they
set them in the they set them in the coining
chamber and then brought the diyes together, and this is.
Speaker 2 (13:27):
What you end up with. Yeah, and the reverse is
is kind of the same. They they really do fit together.
The reverse I think fits together better than the other.
Speaker 3 (13:37):
I mean, and they will when they when they get
struck like that, they'll fit together. But it's just this
is somebody the details on it. Sure you can tell
that these were set in the chamber next to each other.
They this wasn't happenstance. This was the purpose. And the
other thing is they're proof.
Speaker 2 (13:53):
And yet they're allowed to be owned.
Speaker 3 (13:57):
Well sure, because they can't hundred percent say that these
coins were taken out of the mint in the oil
pan of a forklift, and then they were taken out
of that oil pan of the forklift when the oil
was changed by a friend of the guy that worked.
Speaker 2 (14:09):
At the mint. I can't say that for sure, but
that's what happens. Oh, but they can't about the aluminum
sense and they can what Yeah, it seems it just
seems so selective and random to me. They just yeah,
I mean, it just seems random to me. And for
air guys, some air guys don't care. Like some air
(14:30):
guys just don't give a crap that they were made
on purpose. They just they think they're awesome and that's
all real. They like errors and it's an error and yeah.
Speaker 3 (14:37):
Good for you. But for me, it's just kind of like, eah, yeah,
it's neat to look at, but that's it.
Speaker 2 (14:44):
Well, yeah, once you figure out that it's see the
ones that are made on purpose just turn me off.
Speaker 3 (14:49):
Yeah, I've on purpose. I had a was it It
was a nineteen eighty nickel struck on a nineteen sixty
four cent like you know, something like that. I had
that one time.
Speaker 2 (15:00):
Yeah, thank us from Steve in our chat says that's
not even a genuine error, which is correct. It's not
even an.
Speaker 3 (15:06):
Error, not an error technically, but it's tight.
Speaker 2 (15:10):
But it's not on purpose on purpose. Yeah, an error
in judgment is what jacky? You go?
Speaker 3 (15:18):
I like that? Oh, have you have any phone calls
you got about this next story? You got any yet?
Speaker 2 (15:24):
You know? I haven't.
Speaker 3 (15:26):
Wow, we've gotten several so.
Speaker 2 (15:30):
Yes last week. And we predicted this, We said this
was going to happen in the hangout. Yep, there has
been certified a single nineteen seventy five no s proof time.
Now you know as well as I know that if
there's one, yeah, there's more than one, that's right. But
(15:52):
here we are, and Great Collections is selling it, you know,
because it's the only one as a unicorn. I saw
an ad for it the other day that had this
a nineteen thirteen nickel and ah and a thirty three
double Eagle. I saw that, and I'm like, please.
Speaker 3 (16:15):
Well, I mean, but Jeff Garrett and Scott Scheckter say
that this is the number one rarest modern coin in
the hundred Greatest Modern US Coins book. So Mike, well, yeah,
there's only one known being collected of modern coins. Why
don't you know this? Huh?
Speaker 2 (16:31):
Oh, there's there's yeah, whatever, there's only one known. That's
the problem. The other problem is is said, where there's one,
there's to be more. This is not. This is a die.
Speaker 3 (16:43):
Issue, especially yeah, when it's a variety something.
Speaker 2 (16:46):
Right, So there's more than one. The problem is nobody
cares about proof sets, and particularly nineteen seventy five proof sets.
But I will guarantee you there were some coin shops
that were going through a bunch of proofsets the other day.
Speaker 3 (16:59):
Okay, so here we go. Check this out. I find
this quite fascinating. In nineteen seventy eight, the Ohio collector
and his mother purchased a coin from well known Chicago
coin dealer FJ. Volmer and Company for eighteen two hundred dollars.
The second coin was also sold by Volmer a year later,
but for thirty eight thousand and five fifty so two
(17:21):
of these coins exist. They were both sold by the
same guy. Yeah, that's sus in my mind.
Speaker 2 (17:30):
Okay, it is kind of particularly since those are the
only two that are known, correct, But if nobody was
looking for it, but people have.
Speaker 3 (17:39):
Been looking for him ever since and nobody's found another one,
that's my point. That's the thing that saus I mean,
that's what I'm talking about.
Speaker 2 (17:46):
Yeah, so it's like I have a problem with with
it is there are so many nineteen seventy five proofsas
and you know what happens when they come into the shop.
Speaker 3 (17:59):
Well, and you also know what happens when the story
comes up people actually start looking at him. I would
not be surprised if they don't find a couple more.
I would help up soon. Yeah, I would seriously hope.
So I would not hope. So if I was the
guy that is paying over a million dollars for.
Speaker 2 (18:12):
This was Ian Russell, I wouldn't. I wouldn't hope.
Speaker 3 (18:14):
So, oh, he don't care. Once it sells, it sells, but.
Speaker 2 (18:16):
Right, but until then he cares very much. Yeah, well
that's true.
Speaker 3 (18:20):
But I think this coin was something where like a
half a million dollars last day, looked at it, which
is bananas for a nineteen seventy five time. But and
especially now that the story has gotten so much traction,
I think people are going to start looking at their
seventy five six.
Speaker 2 (18:31):
Two point eight four million prousets in nineteen seventy five.
Speaker 3 (18:35):
Again, it wouldn't surprise me if they don't find a
couple more of these, if they're genuine. I mean, like
I said, the fact that they come from one guy,
that's super suspicious to me, like super duper red flags
going off in my head.
Speaker 2 (18:47):
So what do you think this one's going to go? For?
The last one led for five hundred and sixteen grand, Well,
I think.
Speaker 3 (18:54):
This one's fairly similar. So, I mean, you know, you're
half a million dollars plus for sure.
Speaker 2 (19:00):
I don't know. I wonder if maybe we can find
see the over under is probably seven to fifty. Let's
go look at the auction. I think we can find
it here. Yeah, there it is. It's got forty three
days left and it's at two hundred and eighty thousand
dollars right now, So there you go. Only time will
tell interesting coinage posts every once in a while. Just
(19:23):
these really great articles about US coinage and So this
one is just one that I want to direct our
listeners to. It is talking about the original silver coins
from the US Ben seventeen ninety four, okay, and you know,
just kind of shows you a little bit about the process,
talks about, you know, how they were measured, why they
were made, the weight they were you know, all the
(19:45):
kind of inside stuff that goes to making our first coinage,
which you know, if you think about it, you know,
there's a bunch of farmers trying to get together figure
out how to run everything. You know, they had to
run official weights and measures and all.
Speaker 3 (19:58):
This kind of stuff. Yeah, yeah, that's true, you know.
So and yeah, they we're talking seventeen nineties in the
United States that had just become a country not too
long before, and here these guys are trying to trying
to legitimize their their country by issuing currencies that are
you know, made by the by the government.
Speaker 2 (20:19):
And then they go on through the history of the
US ment with talking about you know, the pre Civil
war and three cent pieces and the coinage afterwards, you know,
the you know, peace dollars and things of that nature.
Speaker 3 (20:36):
I love it.
Speaker 2 (20:36):
I love this this early stuff. This is a really good.
But see on the on the internet, I don't see
many articles like this.
Speaker 3 (20:45):
Uh no, I mean this is a good article. And
the fact that it runs up through the different reasons
why these certain coins came into existence and then it
talks about their history.
Speaker 2 (20:53):
I think it's cool and it just goes on and
on and on. You're not kidding. Wow, cow, this is
something that you should check out. So go to coinage
dot com. So it's mag dot com and it's how
the US dollar began. It's the name of the that's
a big long article and I was a really long article.
(21:14):
But it's juicy and you'll love it.
Speaker 3 (21:16):
Boom.
Speaker 2 (21:18):
Ron Gillio and I really, I really apologize if I
got that wrong. Ron Jillio has been presented with the
Professional Numismatists Guild Harvey G. Stack Lifetime Achievement Award.
Speaker 3 (21:30):
Do you know Ron?
Speaker 2 (21:31):
You know? I don't.
Speaker 3 (21:32):
I think I've met him, been passing a couple of times,
but he would not know who I was.
Speaker 2 (21:36):
Okay, So he is the numismatics Acquisition coordinator of Stax
Powers Gallery. Okay, I would say he handles a few
big money coins.
Speaker 3 (21:46):
He's probably yeah, yeah, so you're probably right.
Speaker 2 (21:48):
Yeah. So it says that he is one of the
great pioneers of the rare coin industry. He was among
the very first coin dealers to venture to Europe and Asia,
creating lifelong relationships that led to some of the greatest
coin horns being brought to America. All Right, you will
go down as one of the greatest coin diplomats and
deal makers in history. In history, I love Bill Walton.
(22:14):
Michael Jordan's the greatest player in the NBA history. Wow,
that was just for you. And I'm finally in the news.
One of my aspirations, the United States Man is now
accepting applications to the CCAC.
Speaker 3 (22:34):
Build the thing out, Mike.
Speaker 2 (22:36):
This one is for a member of the general public.
Boom goes can do this, Go for it. You know,
if I didn't have fifty million things going on, I'd
love to. Yeah, I really would. Shannon's spend a good impression,
Bill Walton.
Speaker 3 (22:55):
Hey, you know, and maybe one of our listeners wants
to do it, so you know, you know, they are
looking for a member of the public who is not
an official, who is not somebody that is a sculptor,
who is not somebody who is in the industry. They
want a well, that's true. They want a member of
the public to join the CCAC, which helps make the
recommendations on coinage designs every year, coinage.
Speaker 2 (23:19):
Levels, coins, all that stuff.
Speaker 3 (23:22):
Yeah, so they get to recommend which designs they think
are the best, and a lot of times that's what
they go with. So uh yeah, I mean, you know,
if you guys are interested in fill that thing out.
Speaker 2 (23:32):
You should. It's it's one it's it's good government service.
I'm not sure I think they get paid. No, at
least they get they get transportation and things like that
to it from Washington because they're always But I mean,
wouldn't you want to have an impact on the nations
coinage if you could?
Speaker 3 (23:51):
Oh, if I could, for sure.
Speaker 2 (23:54):
So I it's like one of the coolest things of
all time. People have the opportunity, they should do it.
I think you're right. And that was news and it
was brought to us by sidewalks, keeping those darned kids
off your grass for over one hundred years. Sidewalks.
Speaker 3 (24:12):
All right, guys, let's check out some of the listener
questions tonight from our live chat. Let's start here with Mike.
Mike Feiffer asks, how do I send coins to be
graded without being a member of PCGS. So my number
one recommendation is to call around to your local coin
shops and see if any of those guys are submission
(24:34):
centers or authorized dealers for either PCGS or NNGC. Most
coin shops are, and they will help you submit your
coins if that's something that they offer. So a lot
of times they charge a couple, you know, five or
ten bucks to do it for you, and then you
pay the rest of the fees and stuff and there
you go. So that's a pretty simple one, just to
call around. If you don't have a local shop, that
(24:56):
can be a little more difficult.
Speaker 2 (24:58):
I would highly recommend doing that and having somebody submit
them for you. I can give you a little bit
of guidance on why either you should or should not. Yeah,
there's some clear help that you're average person. You know,
they just want to have the coin graded, and there
are some very good reasons why you just shouldn't do
that with just any coin.
Speaker 3 (25:19):
Yeah, we have people that bring coins in all the time,
and most of the time they listen to me, and
sometimes they don't.
Speaker 2 (25:25):
Oh, I mean, that's that's their proudity.
Speaker 3 (25:27):
I always tell them I say, you know, this is
my opinion. You're welcome to have your own if you
want to send it, let's fill out the paperwork, and
that's what it is. So but a lot of a
lot of the times they can. We actually have a
policy in our office that we can't tell people what
their coins graded until they come in to get them,
because we've had people not pick up their coins because
(25:47):
they didn't grade the way they wanted them to, so
they just leave them.
Speaker 2 (25:52):
Well, they just walk away.
Speaker 3 (25:53):
Yeah, Well, it's like the goofy variety stuff that they're like, yeah,
this is a double Diamon're like, no it's not, and
they're like, yeah it is, and we're like, no, no it's.
Speaker 2 (26:02):
Not, and PC just says, no it's not, just.
Speaker 3 (26:06):
Says what I say, No it's not. And then all
of a sudden they don't come to get it. When
my office people say, up, didn't grade that way, so
they just stiff us with the bill. So yeah, we
don't tell them what it is until until they come
in the door. Sadly, well, let's see here a silver
buff says heard there's going to be a privy mark
ase later in twenty twenty four, I didn't know that. Thoughts,
(26:30):
will this be like the twenty twenty fiasco? Have you
heard that?
Speaker 2 (26:34):
I know that they're going to put privy marks on
the penny and nickel in twenty six I have heard
nothing about a privy mark all twenty twenty four Silver Eagle.
And here's the problem is that by this time of year,
everything they're going to make is on the books.
Speaker 3 (26:53):
Yeah. Maybe next year. Oh wait, hold on a second,
there is going to be a privy mark.
Speaker 2 (27:00):
So it's online already.
Speaker 3 (27:02):
Well, it's on a website that I'm not familiar with.
I don't see it from the mint.
Speaker 2 (27:06):
But oh, it's a Rockstar gaming deal.
Speaker 3 (27:14):
So look right here. Maybe this is I just had
it pulled up here I Google. I went ahead and
used the Amazing machine. Yep, I sure did. I don't
know if this is done by the mentor or not it's.
Speaker 2 (27:29):
A video game tie in.
Speaker 3 (27:31):
I don't know anything about that has confirmed it. Well, here,
let me show you what I'm seeing here, everybody, and
then you guys can this is the only story that
pops up on the internet. Right here, I'm twenty twenty
four Privy one ounce American Eagle BEU and it looks
like I just have a star. Now what is this?
Speaker 2 (27:57):
Not sure? I couldn't tell you.
Speaker 3 (28:02):
I don't know. This is all I see.
Speaker 2 (28:04):
Though.
Speaker 3 (28:04):
Maybe this is something that they were going to do
and then they decided not to. Because if you go
to the almighty Google machine, I type in twenty twenty
four Privy Markets and we can even type in Eagle,
the US Mint doesn't show anything there. We see the
website I found, and then there's you know, some YouTube
(28:25):
videos about it, but I don't see anything coming from
the US Mint about that.
Speaker 2 (28:32):
Yeah, I would say that, like I said, by this
time of year, it's gonna be on the midwebsite at
least on there, and then they cancel it. That's usually
the way it works.
Speaker 3 (28:43):
Yeah. I mean, like I said, I don't see anything
that says it's coming down the pipes right now. So
that's my question, that's my answer to that. Will it
be like the twenty twenty fiasco? Maybe, I mean, if
they even get it done, Like I said, it sounds
like they're.
Speaker 2 (28:57):
There was some talk has its own set of circumstances though,
it's just kind of right.
Speaker 3 (29:03):
That was the rat race days. The rat race days
are over, so you know, with the with the ordering
in the US website nowadays, there they've gotten smart and
they're just kind of meanting to order a lot of
these things so that there's not that rat race for
a certain set amount. So that's stopped a lot of that.
Speaker 2 (29:21):
Mike McClanahan says, I'm finding myself buying more and more
coins online, albeit from only a few trusted dealers. What
are some red flags for collectors to watch out for
from online coin sellers. Well, I would say that that
communication is key. So it's how well they describe stuff,
how available they are, and I would look for things
(29:45):
the typical tricks like blurry pictures, oblique angles, you know,
things like that, because if you're trying to hide something,
you know, it's pretty easy. It's pretty easy to do,
but it's it also gives is itself alway so much.
Speaker 3 (30:02):
Yeah, and kind of crapy old websites too. Sometimes that's
kind of an issue. Yeah, Yeah, that's all I can
think of, I guess, Mike, looks like another question here.
Mike also asked, I've never I've only attended local and
regional shows, which are the big national shows? Should I
try to attend in the future. Well, friend number one
(30:27):
first and foremost is the A and A. It's the
biggest coin show in the country. It is the nexus
of the coin nerd galaxy for a week. It is
It just is what it is. It's the center of
all coin nerd them. Everybody that's there, everybody that's anybody
is at these shows. It's the one. But depending on
which part of the country you're in as well. I mean,
(30:49):
there's several other shows you get to. You have like
Central States for the people here in the Midwest, the
Baltimore Expositions for you East Coasters. They do those three
times a year. West Coasters. They had Long Beach, but
it seems like Long Beach is kind of fizzling out
from what I hear from the people that were there.
And then down in Florida they had the Fun Show.
Every year they do a Summer Fun and a Winter Fund.
(31:09):
Those are also big shows. And that's really about it
of the ones I would recommend at the moment. There's
some new ones trying to start up, but from what
I hear, they're kind of sort of running into some
issues with getting the public to show up, and so
I don't know, I don't know about those, but yeah,
that's that's the ones that if you get a chance
to go to those shows, I would go.
Speaker 2 (31:30):
So and Davies does c AC stickering fluctuate on when
they accept submissions.
Speaker 3 (31:37):
The only time I know that they don't is when
they post that they're going to be either at a
show or on vacation.
Speaker 2 (31:43):
I don't.
Speaker 3 (31:43):
I don't think other than that, there's a time.
Speaker 2 (31:45):
Only when they get completely buried and we're actually doing
you a favor instead of like some of the other
services that just take them.
Speaker 3 (31:52):
I'll just take Yeah.
Speaker 2 (31:55):
No, as far as I may not, I'm not gonna
say that, but yeah.
Speaker 3 (31:58):
As far as I know, there's no fluction on when
they take them except for when they attend the big shows,
which they put it out and off an out of
office thing up and say hey, please don't ship them
to us at this time. And then they also do
they take a vacation, which is fine. Everybody needs a vacation,
so they post it as well.
Speaker 2 (32:17):
Mike has another question, Okay, what do you think about
this Flowing Hair anniversary coin? Will this coin be a
hit for collectors or a bust? Is this the mint
it's cute? Is this the mint metal that they're putting out. Uh, yes,
it's gonna be the silver medal that it's going to
come out, flowing hair design, small eagle reverse. I like it.
Speaker 3 (32:39):
I think I'm going to buy some of these.
Speaker 2 (32:40):
I think.
Speaker 3 (32:43):
Will it be a hit for collectors? Yeah, I think so,
because a it's it's not an actual coin, so there's
not going to be this like people that have to
have it to finish their set and to finish their
collection for this year and that year. Now it's it's
a metal, so I mean, it's while it looks for
all intentsive purposes, just like the it is not technically,
you know, denominated, So I think that takes out some
(33:05):
of the rat race mentality.
Speaker 2 (33:08):
Let me let me frame this a little bit differently,
because I think that everybody asked that question, and that's
that's a really great, great question, But that's not the
question they're asking.
Speaker 3 (33:22):
What is the question?
Speaker 2 (33:24):
No, No, what I'm saying is you answered the question
they're asking. But I don't think the question they're asking
is really the question they want to know the answer to. So,
as far as the high relief, would you consider the
Jefferson's liberty for a spouse coin to be a success.
Would it be a would you consider it to be
a hit? Me?
Speaker 3 (33:44):
Yes, No, those are melters because nobody bought them.
Speaker 2 (33:49):
Okay, nobody, actually they did. They sold out from the
mint right, but nobody doesn't care. Okay, now here's my point.
Are they asking is it gonna be a hit with collectors?
Are they asking is it gonna be a good hit
to flip later down the road? Yeah, That's what I'm
saying is that's a completely different question, and I think
(34:11):
that's some more times than not what they're asking.
Speaker 3 (34:14):
I think the flipping data are over. I think they're done.
Speaker 2 (34:17):
So my thing is is if you want, if you
like the coin, buy it and that will make it
a hit. But the days of flipping stuff really are over. Yeah,
my stuff off the mint website and flipping on eBay anymore.
Speaker 3 (34:31):
Yeah, that's good. That's that's actually positive in my opinion. So, yes,
Silver buff what are good at collecting coins? Graded or wraw?
Is gaining more sales? Okay? Uh? Graded or raw? So
that can be literally anything? And what do you see
(34:54):
gaining more sales? I mean there's always those popular series.
If you ever want to look at coin series that
are going to remain popular and potentially gain more collectors.
You got to look at the old faithfuls, the Lincoln Sense,
the Morgan doll Ors, the you know that kind of
stuff for stuff that I think is going to either
(35:14):
maintain popularity or continue to maybe increase over time. I
definitely would not start collecting like seated halftimes by die Pair.
I don't think that's going to work out well.
Speaker 2 (35:26):
For you three cent pieces or Jefferson Nichols, you know, like, no,
it's just you got to stick with the old faithful stuff,
I think, in my opinion. James crandall, so his comment
is that the flowing your Hair design is out of
many collectors' budgets, and it's a good point. You know
that it's out of your budget and it's a chance.
So I guess as far as collectors go, it is
(35:49):
literally about how true is it to the original design?
And I think that, particularly with the CNC machines that
they have now, they're going to be very very faithful.
Speaker 3 (36:00):
They got they got the Morgans and the peace Doars
right as far as the design goes, they got those
pretty darn faithful. So I think we're looking at something
that's gonna be nice. It's gonna look like the original
is just gonna have a different finish.
Speaker 2 (36:12):
Well, it's it's not only going to look like the original,
but it's gonna look like no original that you've probably
ever seen therein is kind of weird, you know, because
you're going to see one in a.
Speaker 3 (36:22):
State like those coins, because those coins are so crude
in the first place that you know you've got like
you can literally look at letters with the loop and see, oh, okay,
well that's where they recut this letter, and you know,
did that with a die And that's why I like them,
because I'm a big fat nerd and I really like
to dive date down into this stuff.
Speaker 2 (36:41):
So yeah, that's me. And then Indigan says, if flipping
is dad, why is anyone surprised that US meant sales
are tanked?
Speaker 3 (36:50):
There you go see, well, it.
Speaker 2 (36:52):
Doesn't matter, circle, It just doesn't matter that sales are tanked.
And my hope is that the people that are by
are the people that want.
Speaker 3 (37:01):
Them, right, the people that were getting hosed before and
having to go out of the secondary market and paying
three times what the stuff was worth just to get one.
Those are the people I think should be getting them now,
and I think they are so agree more there you go,
all right, buddy, Well do you want to debut our
new your Coolest Thing segment?
Speaker 2 (37:22):
Now? Yeah, I think it's time to tweak tweak an
old friend. Yep.
Speaker 3 (37:29):
We are going to be doing something a little bit different, guys.
Because of the sheer volume of submissions, we were getting
to the your Coolest Thing sometimes.
Speaker 2 (37:41):
We were happy and we love you guys for it.
Speaker 3 (37:43):
Correct, we have eighty ninety undred and twenty submissions sometimes
and it's a lot to get through. So Mike and
I have an idea and if you guys like this,
we're gonna keep doing it. We're going to look at
everything that you guys have and each of us is
going to pick our favorite one from the submissions, and
they're going to be our champion basically, and they're going
to go to battle for us. So if you submit
(38:04):
a coin that I think is awesome and I pick it,
it's going to go to battle for me, and then
same for Mike. Mike picks one, and then we'll have
a poll and from there you guys get to decide
who the winner is.
Speaker 2 (38:14):
So so we still get to play Matt versus Mike, right,
and you guys stuff show off all your stuff. So Mike,
I know you would wanting to look through here, and
you said you had thought your mind. I made my selection,
there's no question.
Speaker 3 (38:32):
Okay, So let me see if I can guess what
your selection was.
Speaker 2 (38:37):
What do we want to kind of go through some
of the stuff or.
Speaker 3 (38:40):
I'm just kind of scrolling through here first as I
went ahead and screwed everything up here, So let me
just get back where it was. Joe shows us a
sixteenth quarter, which I love, an.
Speaker 2 (38:49):
Icy hard to beat completely, that's tough.
Speaker 3 (38:52):
To beat, complete set of dimes there. Dave's got a
banger of a three cent silver? Yes, is that the
one you picked? I think it is. Arthur shows us
all sorts of his cool norf and stuff. That stuff is.
Some of that stuff is really rare, actually, especially these
gold gold I can't tell.
Speaker 2 (39:14):
Uh yeah, I don't know. I mean the silver coins
are coins. I'm not sure about the.
Speaker 3 (39:19):
Jack shows us one of these. These are actually really cool,
these micro o vams. So the cool story about these
is these guys actually were determined to be counterfeits, contemporary counterfeits,
and for quite a while Annex certified them as genuine
because everybody thought they were.
Speaker 2 (39:35):
Well, there are other dates that have a microL there
are one, but that particular group of counterfeits they determined
that they were actually counterfeits.
Speaker 3 (39:44):
There's I think three or four different ones. Ooh ooh
that's pretty note right there.
Speaker 2 (39:52):
Awfully good five dollars educational, I mean, how can you
argue with that? And as well described as a bucket lister.
Speaker 3 (40:00):
Eighteen sixty four large ones piece. Our friend Leanna would
be really proud of this. The angle coins were making
a showing. Yep, somebody got really angry at this coin
to just make sure that it was genuine and.
Speaker 2 (40:15):
Really found out it was slab Daddy's.
Speaker 3 (40:17):
Yeah, probably those are cool. I've always liked trade chop
mark coins, and they really went to town on that coin. Yeah,
it was real.
Speaker 2 (40:27):
But this one really made the rounds. I mean, think
about how far this one must have traveled.
Speaker 3 (40:32):
Yep, here's a cool one, SVDB and VF twenty Oh
Brent Brent with his hubb on Nichols.
Speaker 2 (40:37):
Yes, that's cool too.
Speaker 3 (40:40):
Ooh ooh, that coin is beautiful. That coin is beautiful,
ADS and sixty six all hard. It is to get
an ADS and sixty six proof like, well, yeah, I
mean that's that's going to beat up because they've bound,
bounced around and bagged forever.
Speaker 2 (40:56):
Well yeah, but ADS is in general, right, right, are
are generally really really nice. Yeah, it's like almost all
of them are nice. So to get one that's actually proof,
like and in his sixties they.
Speaker 3 (41:10):
Will call proof like, right, we're almost all proof.
Speaker 2 (41:12):
Like right, That's what I'm saying is so to get
one to the actually call proof like in a sixty six,
that's a monster coin. Ye.
Speaker 3 (41:20):
Arnesto shows us some cool stuff he picked up at
Long Beach. I have to ask him how it was
Long Beach. I heard it was kind of it was
very slow. Yep. Oh another coin from brand made by
Brent Little Mermaid just dump vibes going on there? Yeah, oh,
sixteen eighty dims. I love those things. Oh man, what's
(41:43):
going on here? Let's I'm gonna read this one. A
couple of quarters I found the dirt motocross track at work.
My guess is a few years of being dirty, the clotting,
I warn't off. No. Actually, what happens is these coins
sometimes if they go into a clay surface or a
clay soil, they will turn brown like that. I think
it has to do with some kind of the minerals
in the soil will actually make them turn brown. The
(42:03):
lad's still there. They just turned brown for some reason.
Speaker 2 (42:08):
Yes, I don't even think it's a chemical reaction. I
think it's just a coding.
Speaker 3 (42:12):
It could be.
Speaker 2 (42:13):
Yeah, five pesos and dalgo a little chunk of gold.
Speaker 3 (42:22):
Bob got a ninety five s dollar. That's nice.
Speaker 2 (42:24):
That's nice.
Speaker 3 (42:27):
Oh, Panda said, Man, you guys really brought it.
Speaker 2 (42:31):
These guys brought it. Today is gonna be.
Speaker 3 (42:35):
The Brian who is seventy three half half a dollar
to half? Yeah, that's a half. You know there was
an Iranian. Uh sorry, I'm just kind of windows. I'm
almost like window shopping here. We saw that guy, didn't we?
Speaker 2 (42:58):
I don't know's a different one?
Speaker 3 (43:00):
Is that is? That's a different micro than the one
that's up here. Hold on a second, Yeah, that's a
different one.
Speaker 2 (43:07):
Different one. I'll sit over achiever and do we get
a double nipper jacket double the silver stacker. Yeah it's
from one of his what not shows too. So tomorrow's
Mexican Independence Day.
Speaker 3 (43:23):
Hey, Jody, look at that cousin sent you that out
of the blue. That is a heck of a cousin
right there.
Speaker 2 (43:29):
I'll tell you what they sent you money, yea.
Speaker 3 (43:33):
Bernie says, got a thin North American metal though, awesome are.
Speaker 2 (43:38):
Knights leather billion mark not Geldon note it's made out
of leather. That's pretty cool, Harry Bass pedigree. Man, it's
an overdight forty six five O tough coin. Brother, can
(43:59):
you if you're a dime? Unemployment token yep? And unemployment token?
Speaker 3 (44:06):
Yeah, Corey bringing another William Henry Harrison metal. That dude
is ate up with William Henry Harrison.
Speaker 2 (44:12):
Yeah, and for the wrong reason because he's local to him.
I always thought it was because he was, you know,
president for forty one days. Yeah, there's just so much stuff. No,
that's not why.
Speaker 3 (44:23):
That looks like old ICG toning almost some of that
bullseye stuff you get from those old ICG holders.
Speaker 2 (44:30):
Yeah.
Speaker 3 (44:33):
Probably my nineteen forty two dime. I found him un
til at work. Heck, yeah, that's great. Fine out of
the drawer challenge coins are awesome. Bernie even knows he's
double dipping. Look, I know I'm double dipping. Bernie Germany
and it's Africa. Okay, that's pretty good. I'll allow it.
(44:56):
I'll allow it, all right. So which do I You're champion, buddy?
Speaker 2 (45:03):
My champion is without question right here right the forty
six over five to zero. Okay, ten from the Harry Basketballs.
Speaker 3 (45:14):
Did it again? I did it again. I hit the
button again. Man, I'm having a trouble with this one.
The night where did you go? Coin? We're gonna get
these pictures and we're gonna save these pictures right here
if you don't mind. Good Sir, Dennis Mendoza.
Speaker 2 (45:29):
Right there, that is champion.
Speaker 3 (45:32):
So that is your champion for the fight, Champion.
Speaker 2 (45:34):
For the fight. That is one hell of a rare coin.
It is.
Speaker 3 (45:38):
It's a very rare coin.
Speaker 2 (45:39):
So let's see a magnificent collection. That is your degree.
Speaker 3 (45:46):
That leaves me with a couple of decisions to make. Here,
there's really three pieces that really kind of rock my world.
Well four maybe the sixteen quarter, Yeah, gotta love a
sixteen quarter. This one looks really nice.
Speaker 2 (45:59):
But god, there's it's so hard to find but educational.
I mean, look at that thing and it's VF two.
It's VF right, Yeah, And.
Speaker 3 (46:08):
I sold it to him so like, I almost have
to pick that one. Oh no, I'm just kidding. I
did sell too, but I'm not gonna pick that one.
And then there's this beautiful, beautiful eightyf dollar. But then
there's that three cents silver up there too. Yep, I'm
(46:29):
gonna pick the sixteenth quarter. I'm gonna go with the
sixteen quarter, Joebohannas. It's gonna be my champion for our battle.
Mic So Barry's gonna load.
Speaker 2 (46:38):
Up the uh, he's gonna load up the pole, and
you guys are gonna you guys are gonna vote for us.
So who's gonna win. That's sixteen quarter, forty six over five.
Speaker 3 (46:52):
My champion, my champion, My champion. I love it. So
we'll get right up. It's gonna go right up after
the show. In Friends of the Coin Show on Facebook.
If you're not a member of that group, hop in there.
Just just search it on Facebook. You'll find it called
Friends of the Coin Show. There's sixty eight hundred of
you guys in there, which is nuts.
Speaker 2 (47:12):
By the way, Yes, we love every single one of you.
Speaker 3 (47:15):
Everybody talks about coins in there. You know, there is
there's no no no buying or selling so it's great.
It's just discussion about numismatics. You don't have to worry
about waiting through craft. It's for sale.
Speaker 2 (47:28):
And there are none of those none of those goofy
ads either. Yeah, all the fake Morgans and yeah we
make fun of those. Man. I saw some really bad
ones the other day. They were certified silver Eagles. Yeah,
they're funky, looks really good too. Who did they? Yeah?
Which is bad? Thiks? So uh, that's pretty much what
(47:48):
we got for this week. And I think you're right.
I think uh, I think this was fun. It was
it was high energy. I told you I'm full of it. Tonight, man,
I had a really long I'm actually I'm loopy. I
think I think I'm loopy because I was busy as
heck today. I was running around like a banshee waiting.
I was.
Speaker 3 (48:06):
You know, it's busy when I'm working the counter in
my office because I have people for that normally, but
I was on it today.
Speaker 2 (48:13):
We'd like to thank our staff, you know, our Berry
behind the glass, the unnamed source tonight to hole and
for uh, you know, for I.
Speaker 3 (48:24):
Kind of want to show Barry. Barry, are you okay
with it?
Speaker 2 (48:26):
Oh?
Speaker 3 (48:27):
He's fixing his hair. Yeah, he's good. Heye see, Barry's
over here, just just doing his work.
Speaker 2 (48:31):
As soon as he heard it, as soon as he
heard that he might be on the he started scrambling
with the air.
Speaker 3 (48:38):
And actually part way through the show, I saw Barry
walking like with his laptop, like walking through his house.
It was funny. We were getting the tour of the house.
I think he was doing something.
Speaker 2 (48:46):
So we'd also like to thank Justin and Ronesto, Russ
and Uh and Corey.
Speaker 3 (48:55):
Buzz and let and.
Speaker 2 (48:56):
The whole gang and the whole gang and Leanna and
everybody else who helps contribute to the show. Thank you
to everybody who listened, because without you, guys, this whole
thing is pointless. Thanks for listening. We will do. Let's
see the next one's two forty yep two four zero
that f tennway we're kind of we're aiming.
Speaker 3 (49:16):
In on it the Sesqua Sentennial episode.
Speaker 2 (49:18):
Yeah, we'll see what happens. I love that word.
Speaker 3 (49:21):
You guys are awesome. Thank you so much.
Speaker 1 (49:24):
You've been listening to the Coin Show podcast with Matt
Dinger and Mike Notdleman. Tune in next time when the
boys bring you another exciting episode. You can find that
wherever you get your podcasts on Apple Podcasts, Spotify, iHeartRadio,
on our website at www dot coinhowradio dot com. You
(49:46):
can also join our private Facebook group where everyone sees
every post. Just search Facebook for Friends of the Coin
Show and ask to join. If you'd like more, you
can become a subscriber on Facebook or join our Patreon
at www dot patreon dot com slash the coin Show.
If you sign up at the five dollars month level
(50:07):
or higher, you'll have access to exclusive content on patreon
dot com on the off weeks, including the Not the
coin Show Podcast. Thanks for listening to the longest running
coin podcast in the world of numismatics.
Speaker 3 (50:22):
This has been the one and only, the original.
Speaker 1 (50:26):
This has been the coin Show Podcast.
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 Nottleman on the Coin Show Podcast.
Speaker 2 (00:23):
It is episode two thirty nine of the Coin Show Podcast.
I'm Mike and I'm Matt. And on tonight's episode, we
are going to take a look at your coolest thing,
put a new twist on it, love it. We are
going to talk about a lot of the stuff that's
going on in the world of coins right now. We
are going to interact with our listeners via chat. Take
(00:44):
some quens, take some questions, and see what we can
do to entertain them. Take requests free. First, as always,
the news here it is whose news brought to you by?
(01:09):
This is brought to us by sidewalks keeping those darn
kids off your grass for over one hundred years sidewalks.
Speaker 3 (01:16):
What but don't you know that you don't You only
don't own the part between the sidewalk and the street.
Speaker 2 (01:24):
No, no, you don't. But but if you have a sidewalk,
you can tell them to get off of your grass.
Speaker 3 (01:30):
Okay, that's true. I guess did you do that, Are
you the guy?
Speaker 2 (01:36):
No? Okay, no I'm not, although I have some problems
with you know, some of the people and their dogs.
But yeah, yeah pick dog guy. So I understand they
got to go somewhere. Don't always have a bag with you.
Speaker 3 (01:49):
I know, nobody must have walked around with the bag
of turds, but I mean you got to your dogs.
Speaker 2 (01:53):
Sometimes it's your dog dogs. This is brought to us
by Dog Turns.
Speaker 3 (01:58):
No, no, you can't have that.
Speaker 2 (02:02):
So the Royal Mint has done something correctly that Grading
Services tried to do probably twenty years ago incorrectly.
Speaker 3 (02:13):
Okay, what was this?
Speaker 2 (02:14):
So everybody has seen a holder from MGC or PCGS
that says first strike. Sure, early releases, but it doesn't
really mean anything as far as you know the order
in which they are coined.
Speaker 3 (02:30):
Right, So the Royal Integrating Company before a certain date.
Speaker 2 (02:34):
Yeah, So the Royal Mint is partnered with Stax Bowers
to sell the first strikes, the actual first strikes of
these coins.
Speaker 3 (02:45):
It's like the very first strike or like the.
Speaker 2 (02:47):
Very first strikes. So you will be able to require
one or several of the historic first strike coins that
were not available to collectors because they were put outside for.
Speaker 3 (03:00):
They're taking it to the next level of really actually
giving you the first strike.
Speaker 2 (03:05):
That's kind of the whole point. So they're going to
they're going to offer their apartner with SAX powers and
they're going to certify them. As you know, the first
ones and a lot of the ones from this are
going to be uh twenty twenty three Coronation Coins silver
and gold, twenty twenty three Coronation Britannias and twenty twenty
(03:26):
four Britannian Liberty one ounce gold.
Speaker 3 (03:29):
But how many, like obviously that's not a not a
lot of coins, I mean, but this is like we're
looking at a couple dozen coins maybe total.
Speaker 2 (03:37):
You know that it's like the I think it is
like the maybe the first ten of each type maybe
or it's some small number, but it's a really small number,
and it was the actual first coins, gotcha. I would
expect to see some proof like surfaces every single one
of these, That's.
Speaker 3 (03:54):
What I'm saying, because it's like, you know, if you
get the very first one struck, it's only one coin,
and you can only you know, there's only so many
as they make everywhere.
Speaker 2 (04:01):
Yeah, No, I don't think tax flowers would contract for
like six coins.
Speaker 3 (04:05):
Yeah, well, I mean, just that interesting story.
Speaker 2 (04:11):
The New Jersey governor has enacted tax exemption for investment
billion and coins. It's about time. Good job, New Jersey. Yes,
now New Jersey joins the other forty seven states. Right,
you don't have tax on coins and bullion and investment.
Speaker 3 (04:30):
Yeah, they certainly have. I mean every state's a little
bit different. I know that Indiana and Illinois a little
bit different from each other. For the most part, we
are pretty much exempt on almost everything. And I know
you guys are exempt on actually more things than leon are,
which is kind of crazy if you think about it.
Speaker 2 (04:46):
Yeah, it only makes common sense, you know, to have
no sales tax on this stuff. It's just right.
Speaker 3 (04:53):
Yeah, you don't pay sales tax on your mind'stocks.
Speaker 2 (04:56):
So no, you only pay tax on the income you
make from them.
Speaker 3 (05:01):
Right, same thing. So, oh cool Jersey. You guys are
knocking it out of the park.
Speaker 2 (05:07):
Yeah, no, absolutely good good job. In New Jersey, Coin Week
has a really cool story about how the world's largest
gold bars got made. And this goes way back in time.
In this story, it's it's a good article. You should
go back. You should go through this and read it.
But they're talking about two exceptionally large bars that were
(05:28):
made during the nineteenth century. So one of them was
a bar weighing sixty one twenty seven point seventy eight
try ounces. That's a big bar. It is a huge bar.
And the second one was cast from an output of
three Montana mines and weighed sixty nine hundred and ninety
five troy ounces.
Speaker 3 (05:46):
That is also a very large bar. To see pictures
of them, but I guess I don't see any.
Speaker 2 (05:52):
The one bar had a very large amount of silver
in it. So the bar, let's see, it was the
sixty one twenty seven Troyhouse bar from North Bloomfield was
a result of a single cleanup after twenty days of
continuous running. The bar contained point eight nine seven fine
native gold. You know, it had a total value or
(06:13):
it has a total value of one hundred and fourteen
thousand dollars, right, and that's one hundred and thirteen thousand
dollars in gold. It is six hundred and eighty three
dollars in silver. But the Broadwater bar was more pure
or no, it was point six eight nine gold and
point three one one silver.
Speaker 3 (06:35):
Huh Yeah, interesting.
Speaker 2 (06:38):
So those bars eventually were destroyed anyway, and now we
have you know, there are still people that want to compete,
and so there is a mint that currently has minted
a two hundred and fifty thousand gram bar, which.
Speaker 3 (06:54):
Is eight thousand and thirty eight tryouses for those of
who wanted to do the man.
Speaker 2 (06:57):
Enough to make the record, and this is pure I
think that's.
Speaker 3 (07:01):
Just like, how are you going to pick it up?
Well you're not, but the fork, yeah, But I think
I think that is just like one of those things
that's like why are you doing this? And the answer
is because they can? Yes, I mean why does man
climb a mountain? It's just the ultimate, the ultimate show
of wealth, like, hey guys, let's make a bar. Well.
Speaker 2 (07:22):
I mean there's there's money and then there's you know
a few money kind of thing. And this can only
be owned by somebody who has just money to burn.
Speaker 3 (07:32):
I think it's probably owned by this corporation, right seeds.
Speaker 2 (07:36):
Actually this has been certified. It has a Guinness World Record.
That's crazy.
Speaker 3 (07:41):
So MITCHEBC Medals Corporation subsidiary subsidiary of MITCHEBC, and it's
our display at the toy Goid Gold Museum in Japan
nuts bananas.
Speaker 2 (07:54):
Mitsubishi being Japanese for three diamonds.
Speaker 3 (07:58):
Oh, I see, I didn't know that.
Speaker 2 (08:01):
The United States Mint has released the twenty twenty four
uncirculated midsets. Okay, they started out with sales of one
hundred thirty six thousand and six that are thirty one
You know what this says to me? Do you remember
when they made that two hundred thousand enhanced uncirculated sets. Yes,
and and they sold out, you know, within ten minutes.
(08:22):
I do remember that this wouldn't even make that. Yeah,
oh that's nuts. One hundred and thirty six thousand sets,
that's it. And a lot of those are coin shops
like me that are ordering twenty twenty five thirty of them.
Speaker 3 (08:38):
I mean again, I think there's all just boils back
down to the fact that they're making so much stuff,
they're making so many different things every year that people's
attention gets spread out or they lose they lose their
attention because they can't decide which thing they're going to buy,
so they just kind of, you.
Speaker 2 (08:53):
Know, well, it's like a you know, I mean, the
ending sales for most of the mid sets now is
ending somewhere around two hundred two thirty two fifty. Yeah,
you know last year's they're still available, but they haven't
broken three thousand, or they haven't broken two hundred thousand yet.
Speaker 3 (09:14):
Yeah, I mean look at the looking back in like
two thousand and seven, though, look at this two thousand
and seven, almost nine hundred thousand sets. That's not good. Friends.
You go from nine hundred thousand to one hundred and
eighty three thousand in uh, you know, fifteen years, that's
not good.
Speaker 2 (09:30):
People are not collecting the way they used to.
Speaker 3 (09:33):
Well, people just don't want People just don't want glorified
change in a fancy packaging anymore.
Speaker 2 (09:40):
Okay, So after then, let me ask you, this is
this what they want? Next story? Maybe so the United
States mith now has a twenty twenty four proof Palladium Eagle.
Speaker 3 (09:55):
Again, no, probably not, probably not what they're after. And
maybe that's what I'm saying. Maybe they've been. Maybe they're
finally listening to me after all these years that modern
coins suck. So that's I think what it is. They
just listen to me. Finally.
Speaker 2 (10:08):
The Palladium Eagle four day started sales fourteen hundred and
seventy three it's only a maximum minute of seventy five hundred,
and they couldn't even sell that out.
Speaker 3 (10:19):
Yeah, they sold four day sales of fourteen hundred and
twenty three. Well what's the price? I mean what, let's
see they're priced at nineteen hundred bucks nineteen hundred yeah, okay,
and palladiums what nine hundred or one thousand palladiums?
Speaker 2 (10:32):
Like? Uh? Yeah, I want to say it's right around
one thousand, a little bit under, a little bit under
because platinum is just at and pladiums a little under it.
Speaker 3 (10:43):
Let's yeah, Oh it's right here, it's right here on
the things today. It closed in one thousand and sixty two.
Speaker 2 (10:48):
Oh there out of platinum.
Speaker 3 (10:52):
Eight hundred and fifty dollars markup. Well, no wonder people
are buying them.
Speaker 2 (10:56):
Uh goofy. But I mean you know what I what
I really you look at the these eagles, though, is
that they the first year was a proof, the second
year was a reverse proof, third year was an uncirculated one. Right.
(11:17):
Then in twenty one they made a uh what they
made another proof. Twenty two they made a reverse proof.
They made it an uncirculated one. Last last year, So
that means this should be a proofygun. So that's what
this is. It's just a pattern. Yeah.
Speaker 3 (11:35):
Again, like I said, you just got to look at
the markup though, I think that's where they're losing the detraction.
If they mark this thing up like three hundred bucks
over melt, I think they would sell a heck of
a lot more of them.
Speaker 2 (11:45):
But they just don't think they want to sell them.
That's I really wonder if they want to. Well, when
you look at.
Speaker 3 (11:52):
Silver eagles, they sell, you know, they sell quite a
bit more of the silver eagles, but they mark those
things up like what three times their melt value, So
I mean, I get it. But the gold eagles, the
gold eagle proofs are like three four hundred dollars over
so well, I of course they sell quite a few
more of those.
Speaker 2 (12:06):
I will offer this. I work in a major city,
in a financial center of that city, and we don't
really sell a lot of palladium at all. We don't
see a lot of platinum either. It's mostly gold and silver. Yeah,
I listened to the two main ones. My thing is
is that so we have palladium mayple leafs because they're
(12:28):
easy to find and they're cheap, so I just don't.
It's like, we get like two or three of them,
we sit on them forever. I just don't see any
reason to buy these in particularly not to pay you know,
twice melt for them. They're not a collector coin. I
guess I can't say I disagree with you.
Speaker 3 (12:50):
You disagree with me, I said, I guess I can't
say that.
Speaker 2 (12:52):
I would hope not. This next story is about an
amazing Proofike dollar off number pair. Yeah. I know.
Speaker 3 (13:04):
It's like, let's just have some fun at the mint
while the doors are closed, and we'll just start making
stuff for our friends.
Speaker 2 (13:10):
And that's how you end up with these things. Yes,
and yeah, So this is a a nickel and a dime.
Speaker 3 (13:19):
So it's a nickel plant it here on the bottom,
and a dime planet here on the top. And they
set them in the they set them in the coining
chamber and then brought the diyes together, and this is.
Speaker 2 (13:27):
What you end up with. Yeah, and the reverse is
is kind of the same. They they really do fit together.
The reverse I think fits together better than the other.
Speaker 3 (13:37):
I mean, and they will when they when they get
struck like that, they'll fit together. But it's just this
is somebody the details on it. Sure you can tell
that these were set in the chamber next to each other.
They this wasn't happenstance. This was the purpose. And the
other thing is they're proof.
Speaker 2 (13:53):
And yet they're allowed to be owned.
Speaker 3 (13:57):
Well sure, because they can't hundred percent say that these
coins were taken out of the mint in the oil
pan of a forklift, and then they were taken out
of that oil pan of the forklift when the oil
was changed by a friend of the guy that worked.
Speaker 2 (14:09):
At the mint. I can't say that for sure, but
that's what happens. Oh, but they can't about the aluminum
sense and they can what Yeah, it seems it just
seems so selective and random to me. They just yeah,
I mean, it just seems random to me. And for
air guys, some air guys don't care. Like some air
(14:30):
guys just don't give a crap that they were made
on purpose. They just they think they're awesome and that's
all real. They like errors and it's an error and yeah.
Speaker 3 (14:37):
Good for you. But for me, it's just kind of like, eah, yeah,
it's neat to look at, but that's it.
Speaker 2 (14:44):
Well, yeah, once you figure out that it's see the
ones that are made on purpose just turn me off.
Speaker 3 (14:49):
Yeah, I've on purpose. I had a was it It
was a nineteen eighty nickel struck on a nineteen sixty
four cent like you know, something like that. I had
that one time.
Speaker 2 (15:00):
Yeah, thank us from Steve in our chat says that's
not even a genuine error, which is correct. It's not
even an.
Speaker 3 (15:06):
Error, not an error technically, but it's tight.
Speaker 2 (15:10):
But it's not on purpose on purpose. Yeah, an error
in judgment is what jacky? You go?
Speaker 3 (15:18):
I like that? Oh, have you have any phone calls
you got about this next story? You got any yet?
Speaker 2 (15:24):
You know? I haven't.
Speaker 3 (15:26):
Wow, we've gotten several so.
Speaker 2 (15:30):
Yes last week. And we predicted this, We said this
was going to happen in the hangout. Yep, there has
been certified a single nineteen seventy five no s proof time.
Now you know as well as I know that if
there's one, yeah, there's more than one, that's right. But
(15:52):
here we are, and Great Collections is selling it, you know,
because it's the only one as a unicorn. I saw
an ad for it the other day that had this
a nineteen thirteen nickel and ah and a thirty three
double Eagle. I saw that, and I'm like, please.
Speaker 3 (16:15):
Well, I mean, but Jeff Garrett and Scott Scheckter say
that this is the number one rarest modern coin in
the hundred Greatest Modern US Coins book. So Mike, well, yeah,
there's only one known being collected of modern coins. Why
don't you know this? Huh?
Speaker 2 (16:31):
Oh, there's there's yeah, whatever, there's only one known. That's
the problem. The other problem is is said, where there's one,
there's to be more. This is not. This is a die.
Speaker 3 (16:43):
Issue, especially yeah, when it's a variety something.
Speaker 2 (16:46):
Right, So there's more than one. The problem is nobody
cares about proof sets, and particularly nineteen seventy five proof sets.
But I will guarantee you there were some coin shops
that were going through a bunch of proofsets the other day.
Speaker 3 (16:59):
Okay, so here we go. Check this out. I find
this quite fascinating. In nineteen seventy eight, the Ohio collector
and his mother purchased a coin from well known Chicago
coin dealer FJ. Volmer and Company for eighteen two hundred dollars.
The second coin was also sold by Volmer a year later,
but for thirty eight thousand and five fifty so two
(17:21):
of these coins exist. They were both sold by the
same guy. Yeah, that's sus in my mind.
Speaker 2 (17:30):
Okay, it is kind of particularly since those are the
only two that are known, correct, But if nobody was
looking for it, but people have.
Speaker 3 (17:39):
Been looking for him ever since and nobody's found another one,
that's my point. That's the thing that saus I mean,
that's what I'm talking about.
Speaker 2 (17:46):
Yeah, so it's like I have a problem with with
it is there are so many nineteen seventy five proofsas
and you know what happens when they come into the shop.
Speaker 3 (17:59):
Well, and you also know what happens when the story
comes up people actually start looking at him. I would
not be surprised if they don't find a couple more.
I would help up soon. Yeah, I would seriously hope.
So I would not hope. So if I was the
guy that is paying over a million dollars for.
Speaker 2 (18:12):
This was Ian Russell, I wouldn't. I wouldn't hope.
Speaker 3 (18:14):
So, oh, he don't care. Once it sells, it sells, but.
Speaker 2 (18:16):
Right, but until then he cares very much. Yeah, well
that's true.
Speaker 3 (18:20):
But I think this coin was something where like a
half a million dollars last day, looked at it, which
is bananas for a nineteen seventy five time. But and
especially now that the story has gotten so much traction,
I think people are going to start looking at their
seventy five six.
Speaker 2 (18:31):
Two point eight four million prousets in nineteen seventy five.
Speaker 3 (18:35):
Again, it wouldn't surprise me if they don't find a
couple more of these, if they're genuine. I mean, like
I said, the fact that they come from one guy,
that's super suspicious to me, like super duper red flags
going off in my head.
Speaker 2 (18:47):
So what do you think this one's going to go? For?
The last one led for five hundred and sixteen grand, Well,
I think.
Speaker 3 (18:54):
This one's fairly similar. So, I mean, you know, you're
half a million dollars plus for sure.
Speaker 2 (19:00):
I don't know. I wonder if maybe we can find
see the over under is probably seven to fifty. Let's
go look at the auction. I think we can find
it here. Yeah, there it is. It's got forty three
days left and it's at two hundred and eighty thousand
dollars right now, So there you go. Only time will
tell interesting coinage posts every once in a while. Just
(19:23):
these really great articles about US coinage and So this
one is just one that I want to direct our
listeners to. It is talking about the original silver coins
from the US Ben seventeen ninety four, okay, and you know,
just kind of shows you a little bit about the process,
talks about, you know, how they were measured, why they
were made, the weight they were you know, all the
(19:45):
kind of inside stuff that goes to making our first coinage,
which you know, if you think about it, you know,
there's a bunch of farmers trying to get together figure
out how to run everything. You know, they had to
run official weights and measures and all.
Speaker 3 (19:58):
This kind of stuff. Yeah, yeah, that's true, you know.
So and yeah, they we're talking seventeen nineties in the
United States that had just become a country not too
long before, and here these guys are trying to trying
to legitimize their their country by issuing currencies that are
you know, made by the by the government.
Speaker 2 (20:19):
And then they go on through the history of the
US ment with talking about you know, the pre Civil
war and three cent pieces and the coinage afterwards, you know,
the you know, peace dollars and things of that nature.
Speaker 3 (20:36):
I love it.
Speaker 2 (20:36):
I love this this early stuff. This is a really good.
But see on the on the internet, I don't see
many articles like this.
Speaker 3 (20:45):
Uh no, I mean this is a good article. And
the fact that it runs up through the different reasons
why these certain coins came into existence and then it
talks about their history.
Speaker 2 (20:53):
I think it's cool and it just goes on and
on and on. You're not kidding. Wow, cow, this is
something that you should check out. So go to coinage
dot com. So it's mag dot com and it's how
the US dollar began. It's the name of the that's
a big long article and I was a really long article.
(21:14):
But it's juicy and you'll love it.
Speaker 3 (21:16):
Boom.
Speaker 2 (21:18):
Ron Gillio and I really, I really apologize if I
got that wrong. Ron Jillio has been presented with the
Professional Numismatists Guild Harvey G. Stack Lifetime Achievement Award.
Speaker 3 (21:30):
Do you know Ron?
Speaker 2 (21:31):
You know? I don't.
Speaker 3 (21:32):
I think I've met him, been passing a couple of times,
but he would not know who I was.
Speaker 2 (21:36):
Okay, So he is the numismatics Acquisition coordinator of Stax
Powers Gallery. Okay, I would say he handles a few
big money coins.
Speaker 3 (21:46):
He's probably yeah, yeah, so you're probably right.
Speaker 2 (21:48):
Yeah. So it says that he is one of the
great pioneers of the rare coin industry. He was among
the very first coin dealers to venture to Europe and Asia,
creating lifelong relationships that led to some of the greatest
coin horns being brought to America. All Right, you will
go down as one of the greatest coin diplomats and
deal makers in history. In history, I love Bill Walton.
(22:14):
Michael Jordan's the greatest player in the NBA history. Wow,
that was just for you. And I'm finally in the news.
One of my aspirations, the United States Man is now
accepting applications to the CCAC.
Speaker 3 (22:34):
Build the thing out, Mike.
Speaker 2 (22:36):
This one is for a member of the general public.
Boom goes can do this, Go for it. You know,
if I didn't have fifty million things going on, I'd
love to. Yeah, I really would. Shannon's spend a good impression,
Bill Walton.
Speaker 3 (22:55):
Hey, you know, and maybe one of our listeners wants
to do it, so you know, you know, they are
looking for a member of the public who is not
an official, who is not somebody that is a sculptor,
who is not somebody who is in the industry. They
want a well, that's true. They want a member of
the public to join the CCAC, which helps make the
recommendations on coinage designs every year, coinage.
Speaker 2 (23:19):
Levels, coins, all that stuff.
Speaker 3 (23:22):
Yeah, so they get to recommend which designs they think
are the best, and a lot of times that's what
they go with. So uh yeah, I mean, you know,
if you guys are interested in fill that thing out.
Speaker 2 (23:32):
You should. It's it's one it's it's good government service.
I'm not sure I think they get paid. No, at
least they get they get transportation and things like that
to it from Washington because they're always But I mean,
wouldn't you want to have an impact on the nations
coinage if you could?
Speaker 3 (23:51):
Oh, if I could, for sure.
Speaker 2 (23:54):
So I it's like one of the coolest things of
all time. People have the opportunity, they should do it.
I think you're right. And that was news and it
was brought to us by sidewalks, keeping those darned kids
off your grass for over one hundred years. Sidewalks.
Speaker 3 (24:12):
All right, guys, let's check out some of the listener
questions tonight from our live chat. Let's start here with Mike.
Mike Feiffer asks, how do I send coins to be
graded without being a member of PCGS. So my number
one recommendation is to call around to your local coin
shops and see if any of those guys are submission
(24:34):
centers or authorized dealers for either PCGS or NNGC. Most
coin shops are, and they will help you submit your
coins if that's something that they offer. So a lot
of times they charge a couple, you know, five or
ten bucks to do it for you, and then you
pay the rest of the fees and stuff and there
you go. So that's a pretty simple one, just to
call around. If you don't have a local shop, that
(24:56):
can be a little more difficult.
Speaker 2 (24:58):
I would highly recommend doing that and having somebody submit
them for you. I can give you a little bit
of guidance on why either you should or should not. Yeah,
there's some clear help that you're average person. You know,
they just want to have the coin graded, and there
are some very good reasons why you just shouldn't do
that with just any coin.
Speaker 3 (25:19):
Yeah, we have people that bring coins in all the time,
and most of the time they listen to me, and
sometimes they don't.
Speaker 2 (25:25):
Oh, I mean, that's that's their proudity.
Speaker 3 (25:27):
I always tell them I say, you know, this is
my opinion. You're welcome to have your own if you
want to send it, let's fill out the paperwork, and
that's what it is. So but a lot of a
lot of the times they can. We actually have a
policy in our office that we can't tell people what
their coins graded until they come in to get them,
because we've had people not pick up their coins because
(25:47):
they didn't grade the way they wanted them to, so
they just leave them.
Speaker 2 (25:52):
Well, they just walk away.
Speaker 3 (25:53):
Yeah, Well, it's like the goofy variety stuff that they're like, yeah,
this is a double Diamon're like, no it's not, and
they're like, yeah it is, and we're like, no, no it's.
Speaker 2 (26:02):
Not, and PC just says, no it's not, just.
Speaker 3 (26:06):
Says what I say, No it's not. And then all
of a sudden they don't come to get it. When
my office people say, up, didn't grade that way, so
they just stiff us with the bill. So yeah, we
don't tell them what it is until until they come
in the door. Sadly, well, let's see here a silver
buff says heard there's going to be a privy mark
ase later in twenty twenty four, I didn't know that. Thoughts,
(26:30):
will this be like the twenty twenty fiasco? Have you
heard that?
Speaker 2 (26:34):
I know that they're going to put privy marks on
the penny and nickel in twenty six I have heard
nothing about a privy mark all twenty twenty four Silver Eagle.
And here's the problem is that by this time of year,
everything they're going to make is on the books.
Speaker 3 (26:53):
Yeah. Maybe next year. Oh wait, hold on a second,
there is going to be a privy mark.
Speaker 2 (27:00):
So it's online already.
Speaker 3 (27:02):
Well, it's on a website that I'm not familiar with.
I don't see it from the mint.
Speaker 2 (27:06):
But oh, it's a Rockstar gaming deal.
Speaker 3 (27:14):
So look right here. Maybe this is I just had
it pulled up here I Google. I went ahead and
used the Amazing machine. Yep, I sure did. I don't
know if this is done by the mentor or not it's.
Speaker 2 (27:29):
A video game tie in.
Speaker 3 (27:31):
I don't know anything about that has confirmed it. Well, here,
let me show you what I'm seeing here, everybody, and
then you guys can this is the only story that
pops up on the internet. Right here, I'm twenty twenty
four Privy one ounce American Eagle BEU and it looks
like I just have a star. Now what is this?
Speaker 2 (27:57):
Not sure? I couldn't tell you.
Speaker 3 (28:02):
I don't know. This is all I see.
Speaker 2 (28:04):
Though.
Speaker 3 (28:04):
Maybe this is something that they were going to do
and then they decided not to. Because if you go
to the almighty Google machine, I type in twenty twenty
four Privy Markets and we can even type in Eagle,
the US Mint doesn't show anything there. We see the
website I found, and then there's you know, some YouTube
(28:25):
videos about it, but I don't see anything coming from
the US Mint about that.
Speaker 2 (28:32):
Yeah, I would say that, like I said, by this
time of year, it's gonna be on the midwebsite at
least on there, and then they cancel it. That's usually
the way it works.
Speaker 3 (28:43):
Yeah. I mean, like I said, I don't see anything
that says it's coming down the pipes right now. So
that's my question, that's my answer to that. Will it
be like the twenty twenty fiasco? Maybe, I mean, if
they even get it done, Like I said, it sounds
like they're.
Speaker 2 (28:57):
There was some talk has its own set of circumstances though,
it's just kind of right.
Speaker 3 (29:03):
That was the rat race days. The rat race days
are over, so you know, with the with the ordering
in the US website nowadays, there they've gotten smart and
they're just kind of meanting to order a lot of
these things so that there's not that rat race for
a certain set amount. So that's stopped a lot of that.
Speaker 2 (29:21):
Mike McClanahan says, I'm finding myself buying more and more
coins online, albeit from only a few trusted dealers. What
are some red flags for collectors to watch out for
from online coin sellers. Well, I would say that that
communication is key. So it's how well they describe stuff,
how available they are, and I would look for things
(29:45):
the typical tricks like blurry pictures, oblique angles, you know,
things like that, because if you're trying to hide something,
you know, it's pretty easy. It's pretty easy to do,
but it's it also gives is itself alway so much.
Speaker 3 (30:02):
Yeah, and kind of crapy old websites too. Sometimes that's
kind of an issue. Yeah, Yeah, that's all I can
think of, I guess, Mike, looks like another question here.
Mike also asked, I've never I've only attended local and
regional shows, which are the big national shows? Should I
try to attend in the future. Well, friend number one
(30:27):
first and foremost is the A and A. It's the
biggest coin show in the country. It is the nexus
of the coin nerd galaxy for a week. It is
It just is what it is. It's the center of
all coin nerd them. Everybody that's there, everybody that's anybody
is at these shows. It's the one. But depending on
which part of the country you're in as well. I mean,
(30:49):
there's several other shows you get to. You have like
Central States for the people here in the Midwest, the
Baltimore Expositions for you East Coasters. They do those three
times a year. West Coasters. They had Long Beach, but
it seems like Long Beach is kind of fizzling out
from what I hear from the people that were there.
And then down in Florida they had the Fun Show.
Every year they do a Summer Fun and a Winter Fund.
(31:09):
Those are also big shows. And that's really about it
of the ones I would recommend at the moment. There's
some new ones trying to start up, but from what
I hear, they're kind of sort of running into some
issues with getting the public to show up, and so
I don't know, I don't know about those, but yeah,
that's that's the ones that if you get a chance
to go to those shows, I would go.
Speaker 2 (31:30):
So and Davies does c AC stickering fluctuate on when
they accept submissions.
Speaker 3 (31:37):
The only time I know that they don't is when
they post that they're going to be either at a
show or on vacation.
Speaker 2 (31:43):
I don't.
Speaker 3 (31:43):
I don't think other than that, there's a time.
Speaker 2 (31:45):
Only when they get completely buried and we're actually doing
you a favor instead of like some of the other
services that just take them.
Speaker 3 (31:52):
I'll just take Yeah.
Speaker 2 (31:55):
No, as far as I may not, I'm not gonna
say that, but yeah.
Speaker 3 (31:58):
As far as I know, there's no fluction on when
they take them except for when they attend the big shows,
which they put it out and off an out of
office thing up and say hey, please don't ship them
to us at this time. And then they also do
they take a vacation, which is fine. Everybody needs a vacation,
so they post it as well.
Speaker 2 (32:17):
Mike has another question, Okay, what do you think about
this Flowing Hair anniversary coin? Will this coin be a
hit for collectors or a bust? Is this the mint
it's cute? Is this the mint metal that they're putting out. Uh, yes,
it's gonna be the silver medal that it's going to
come out, flowing hair design, small eagle reverse. I like it.
Speaker 3 (32:39):
I think I'm going to buy some of these.
Speaker 2 (32:40):
I think.
Speaker 3 (32:43):
Will it be a hit for collectors? Yeah, I think so,
because a it's it's not an actual coin, so there's
not going to be this like people that have to
have it to finish their set and to finish their
collection for this year and that year. Now it's it's
a metal, so I mean, it's while it looks for
all intentsive purposes, just like the it is not technically,
you know, denominated, So I think that takes out some
(33:05):
of the rat race mentality.
Speaker 2 (33:08):
Let me let me frame this a little bit differently,
because I think that everybody asked that question, and that's
that's a really great, great question, But that's not the
question they're asking.
Speaker 3 (33:22):
What is the question?
Speaker 2 (33:24):
No, No, what I'm saying is you answered the question
they're asking. But I don't think the question they're asking
is really the question they want to know the answer to. So,
as far as the high relief, would you consider the
Jefferson's liberty for a spouse coin to be a success.
Would it be a would you consider it to be
a hit? Me?
Speaker 3 (33:44):
Yes, No, those are melters because nobody bought them.
Speaker 2 (33:49):
Okay, nobody, actually they did. They sold out from the
mint right, but nobody doesn't care. Okay, now here's my point.
Are they asking is it gonna be a hit with collectors?
Are they asking is it gonna be a good hit
to flip later down the road? Yeah, That's what I'm
saying is that's a completely different question, and I think
(34:11):
that's some more times than not what they're asking.
Speaker 3 (34:14):
I think the flipping data are over. I think they're done.
Speaker 2 (34:17):
So my thing is is if you want, if you
like the coin, buy it and that will make it
a hit. But the days of flipping stuff really are over. Yeah,
my stuff off the mint website and flipping on eBay anymore.
Speaker 3 (34:31):
Yeah, that's good. That's that's actually positive in my opinion. So, yes,
Silver buff what are good at collecting coins? Graded or wraw?
Is gaining more sales? Okay? Uh? Graded or raw? So
that can be literally anything? And what do you see
(34:54):
gaining more sales? I mean there's always those popular series.
If you ever want to look at coin series that
are going to remain popular and potentially gain more collectors.
You got to look at the old faithfuls, the Lincoln Sense,
the Morgan doll Ors, the you know that kind of
stuff for stuff that I think is going to either
(35:14):
maintain popularity or continue to maybe increase over time. I
definitely would not start collecting like seated halftimes by die Pair.
I don't think that's going to work out well.
Speaker 2 (35:26):
For you three cent pieces or Jefferson Nichols, you know, like, no,
it's just you got to stick with the old faithful stuff,
I think, in my opinion. James crandall, so his comment
is that the flowing your Hair design is out of
many collectors' budgets, and it's a good point. You know
that it's out of your budget and it's a chance.
So I guess as far as collectors go, it is
(35:49):
literally about how true is it to the original design?
And I think that, particularly with the CNC machines that
they have now, they're going to be very very faithful.
Speaker 3 (36:00):
They got they got the Morgans and the peace Doars
right as far as the design goes, they got those
pretty darn faithful. So I think we're looking at something
that's gonna be nice. It's gonna look like the original
is just gonna have a different finish.
Speaker 2 (36:12):
Well, it's it's not only going to look like the original,
but it's gonna look like no original that you've probably
ever seen therein is kind of weird, you know, because
you're going to see one in a.
Speaker 3 (36:22):
State like those coins, because those coins are so crude
in the first place that you know you've got like
you can literally look at letters with the loop and see, oh, okay,
well that's where they recut this letter, and you know,
did that with a die And that's why I like them,
because I'm a big fat nerd and I really like
to dive date down into this stuff.
Speaker 2 (36:41):
So yeah, that's me. And then Indigan says, if flipping
is dad, why is anyone surprised that US meant sales
are tanked?
Speaker 3 (36:50):
There you go see, well, it.
Speaker 2 (36:52):
Doesn't matter, circle, It just doesn't matter that sales are tanked.
And my hope is that the people that are by
are the people that want.
Speaker 3 (37:01):
Them, right, the people that were getting hosed before and
having to go out of the secondary market and paying
three times what the stuff was worth just to get one.
Those are the people I think should be getting them now,
and I think they are so agree more there you go,
all right, buddy, Well do you want to debut our
new your Coolest Thing segment?
Speaker 2 (37:22):
Now? Yeah, I think it's time to tweak tweak an
old friend. Yep.
Speaker 3 (37:29):
We are going to be doing something a little bit different, guys.
Because of the sheer volume of submissions, we were getting
to the your Coolest Thing sometimes.
Speaker 2 (37:41):
We were happy and we love you guys for it.
Speaker 3 (37:43):
Correct, we have eighty ninety undred and twenty submissions sometimes
and it's a lot to get through. So Mike and
I have an idea and if you guys like this,
we're gonna keep doing it. We're going to look at
everything that you guys have and each of us is
going to pick our favorite one from the submissions, and
they're going to be our champion basically, and they're going
to go to battle for us. So if you submit
(38:04):
a coin that I think is awesome and I pick it,
it's going to go to battle for me, and then
same for Mike. Mike picks one, and then we'll have
a poll and from there you guys get to decide
who the winner is.
Speaker 2 (38:14):
So so we still get to play Matt versus Mike, right,
and you guys stuff show off all your stuff. So Mike,
I know you would wanting to look through here, and
you said you had thought your mind. I made my selection,
there's no question.
Speaker 3 (38:32):
Okay, So let me see if I can guess what
your selection was.
Speaker 2 (38:37):
What do we want to kind of go through some
of the stuff or.
Speaker 3 (38:40):
I'm just kind of scrolling through here first as I
went ahead and screwed everything up here, So let me
just get back where it was. Joe shows us a
sixteenth quarter, which I love, an.
Speaker 2 (38:49):
Icy hard to beat completely, that's tough.
Speaker 3 (38:52):
To beat, complete set of dimes there. Dave's got a
banger of a three cent silver? Yes, is that the
one you picked? I think it is. Arthur shows us
all sorts of his cool norf and stuff. That stuff is.
Some of that stuff is really rare, actually, especially these
gold gold I can't tell.
Speaker 2 (39:14):
Uh yeah, I don't know. I mean the silver coins
are coins. I'm not sure about the.
Speaker 3 (39:19):
Jack shows us one of these. These are actually really cool,
these micro o vams. So the cool story about these
is these guys actually were determined to be counterfeits, contemporary counterfeits,
and for quite a while Annex certified them as genuine
because everybody thought they were.
Speaker 2 (39:35):
Well, there are other dates that have a microL there
are one, but that particular group of counterfeits they determined
that they were actually counterfeits.
Speaker 3 (39:44):
There's I think three or four different ones. Ooh ooh
that's pretty note right there.
Speaker 2 (39:52):
Awfully good five dollars educational, I mean, how can you
argue with that? And as well described as a bucket lister.
Speaker 3 (40:00):
Eighteen sixty four large ones piece. Our friend Leanna would
be really proud of this. The angle coins were making
a showing. Yep, somebody got really angry at this coin
to just make sure that it was genuine and.
Speaker 2 (40:15):
Really found out it was slab Daddy's.
Speaker 3 (40:17):
Yeah, probably those are cool. I've always liked trade chop
mark coins, and they really went to town on that coin. Yeah,
it was real.
Speaker 2 (40:27):
But this one really made the rounds. I mean, think
about how far this one must have traveled.
Speaker 3 (40:32):
Yep, here's a cool one, SVDB and VF twenty Oh
Brent Brent with his hubb on Nichols.
Speaker 2 (40:37):
Yes, that's cool too.
Speaker 3 (40:40):
Ooh ooh, that coin is beautiful. That coin is beautiful,
ADS and sixty six all hard. It is to get
an ADS and sixty six proof like, well, yeah, I
mean that's that's going to beat up because they've bound,
bounced around and bagged forever.
Speaker 2 (40:56):
Well yeah, but ADS is in general, right, right, are
are generally really really nice. Yeah, it's like almost all
of them are nice. So to get one that's actually proof,
like and in his sixties they.
Speaker 3 (41:10):
Will call proof like, right, we're almost all proof.
Speaker 2 (41:12):
Like right, That's what I'm saying is so to get
one to the actually call proof like in a sixty six,
that's a monster coin. Ye.
Speaker 3 (41:20):
Arnesto shows us some cool stuff he picked up at
Long Beach. I have to ask him how it was
Long Beach. I heard it was kind of it was
very slow. Yep. Oh another coin from brand made by
Brent Little Mermaid just dump vibes going on there? Yeah, oh,
sixteen eighty dims. I love those things. Oh man, what's
(41:43):
going on here? Let's I'm gonna read this one. A
couple of quarters I found the dirt motocross track at work.
My guess is a few years of being dirty, the clotting,
I warn't off. No. Actually, what happens is these coins
sometimes if they go into a clay surface or a
clay soil, they will turn brown like that. I think
it has to do with some kind of the minerals
in the soil will actually make them turn brown. The
(42:03):
lad's still there. They just turned brown for some reason.
Speaker 2 (42:08):
Yes, I don't even think it's a chemical reaction. I
think it's just a coding.
Speaker 3 (42:12):
It could be.
Speaker 2 (42:13):
Yeah, five pesos and dalgo a little chunk of gold.
Speaker 3 (42:22):
Bob got a ninety five s dollar. That's nice.
Speaker 2 (42:24):
That's nice.
Speaker 3 (42:27):
Oh, Panda said, Man, you guys really brought it.
Speaker 2 (42:31):
These guys brought it. Today is gonna be.
Speaker 3 (42:35):
The Brian who is seventy three half half a dollar
to half? Yeah, that's a half. You know there was
an Iranian. Uh sorry, I'm just kind of windows. I'm
almost like window shopping here. We saw that guy, didn't we?
Speaker 2 (42:58):
I don't know's a different one?
Speaker 3 (43:00):
Is that is? That's a different micro than the one
that's up here. Hold on a second, Yeah, that's a
different one.
Speaker 2 (43:07):
Different one. I'll sit over achiever and do we get
a double nipper jacket double the silver stacker. Yeah it's
from one of his what not shows too. So tomorrow's
Mexican Independence Day.
Speaker 3 (43:23):
Hey, Jody, look at that cousin sent you that out
of the blue. That is a heck of a cousin
right there.
Speaker 2 (43:29):
I'll tell you what they sent you money, yea.
Speaker 3 (43:33):
Bernie says, got a thin North American metal though, awesome are.
Speaker 2 (43:38):
Knights leather billion mark not Geldon note it's made out
of leather. That's pretty cool, Harry Bass pedigree. Man, it's
an overdight forty six five O tough coin. Brother, can
(43:59):
you if you're a dime? Unemployment token yep? And unemployment token?
Speaker 3 (44:06):
Yeah, Corey bringing another William Henry Harrison metal. That dude
is ate up with William Henry Harrison.
Speaker 2 (44:12):
Yeah, and for the wrong reason because he's local to him.
I always thought it was because he was, you know,
president for forty one days. Yeah, there's just so much stuff. No,
that's not why.
Speaker 3 (44:23):
That looks like old ICG toning almost some of that
bullseye stuff you get from those old ICG holders.
Speaker 2 (44:30):
Yeah.
Speaker 3 (44:33):
Probably my nineteen forty two dime. I found him un
til at work. Heck, yeah, that's great. Fine out of
the drawer challenge coins are awesome. Bernie even knows he's
double dipping. Look, I know I'm double dipping. Bernie Germany
and it's Africa. Okay, that's pretty good. I'll allow it.
(44:56):
I'll allow it, all right. So which do I You're champion, buddy?
Speaker 2 (45:03):
My champion is without question right here right the forty
six over five to zero. Okay, ten from the Harry Basketballs.
Speaker 3 (45:14):
Did it again? I did it again. I hit the
button again. Man, I'm having a trouble with this one.
The night where did you go? Coin? We're gonna get
these pictures and we're gonna save these pictures right here
if you don't mind. Good Sir, Dennis Mendoza.
Speaker 2 (45:29):
Right there, that is champion.
Speaker 3 (45:32):
So that is your champion for the fight, Champion.
Speaker 2 (45:34):
For the fight. That is one hell of a rare coin.
It is.
Speaker 3 (45:38):
It's a very rare coin.
Speaker 2 (45:39):
So let's see a magnificent collection. That is your degree.
Speaker 3 (45:46):
That leaves me with a couple of decisions to make. Here,
there's really three pieces that really kind of rock my world.
Well four maybe the sixteen quarter, Yeah, gotta love a
sixteen quarter. This one looks really nice.
Speaker 2 (45:59):
But god, there's it's so hard to find but educational.
I mean, look at that thing and it's VF two.
It's VF right, Yeah, And.
Speaker 3 (46:08):
I sold it to him so like, I almost have
to pick that one. Oh no, I'm just kidding. I
did sell too, but I'm not gonna pick that one.
And then there's this beautiful, beautiful eightyf dollar. But then
there's that three cents silver up there too. Yep, I'm
(46:29):
gonna pick the sixteenth quarter. I'm gonna go with the
sixteen quarter, Joebohannas. It's gonna be my champion for our battle.
Mic So Barry's gonna load.
Speaker 2 (46:38):
Up the uh, he's gonna load up the pole, and
you guys are gonna you guys are gonna vote for us.
So who's gonna win. That's sixteen quarter, forty six over five.
Speaker 3 (46:52):
My champion, my champion, My champion. I love it. So
we'll get right up. It's gonna go right up after
the show. In Friends of the Coin Show on Facebook.
If you're not a member of that group, hop in there.
Just just search it on Facebook. You'll find it called
Friends of the Coin Show. There's sixty eight hundred of
you guys in there, which is nuts.
Speaker 2 (47:12):
By the way, Yes, we love every single one of you.
Speaker 3 (47:15):
Everybody talks about coins in there. You know, there is
there's no no no buying or selling so it's great.
It's just discussion about numismatics. You don't have to worry
about waiting through craft. It's for sale.
Speaker 2 (47:28):
And there are none of those none of those goofy
ads either. Yeah, all the fake Morgans and yeah we
make fun of those. Man. I saw some really bad
ones the other day. They were certified silver Eagles. Yeah,
they're funky, looks really good too. Who did they? Yeah?
Which is bad? Thiks? So uh, that's pretty much what
(47:48):
we got for this week. And I think you're right.
I think uh, I think this was fun. It was
it was high energy. I told you I'm full of it. Tonight, man,
I had a really long I'm actually I'm loopy. I
think I think I'm loopy because I was busy as
heck today. I was running around like a banshee waiting.
I was.
Speaker 3 (48:06):
You know, it's busy when I'm working the counter in
my office because I have people for that normally, but
I was on it today.
Speaker 2 (48:13):
We'd like to thank our staff, you know, our Berry
behind the glass, the unnamed source tonight to hole and
for uh, you know, for I.
Speaker 3 (48:24):
Kind of want to show Barry. Barry, are you okay
with it?
Speaker 2 (48:26):
Oh?
Speaker 3 (48:27):
He's fixing his hair. Yeah, he's good. Heye see, Barry's
over here, just just doing his work.
Speaker 2 (48:31):
As soon as he heard it, as soon as he
heard that he might be on the he started scrambling
with the air.
Speaker 3 (48:38):
And actually part way through the show, I saw Barry
walking like with his laptop, like walking through his house.
It was funny. We were getting the tour of the house.
I think he was doing something.
Speaker 2 (48:46):
So we'd also like to thank Justin and Ronesto, Russ
and Uh and Corey.
Speaker 3 (48:55):
Buzz and let and.
Speaker 2 (48:56):
The whole gang and the whole gang and Leanna and
everybody else who helps contribute to the show. Thank you
to everybody who listened, because without you, guys, this whole
thing is pointless. Thanks for listening. We will do. Let's
see the next one's two forty yep two four zero
that f tennway we're kind of we're aiming.
Speaker 3 (49:16):
In on it the Sesqua Sentennial episode.
Speaker 2 (49:18):
Yeah, we'll see what happens. I love that word.
Speaker 3 (49:21):
You guys are awesome. Thank you so much.
Speaker 1 (49:24):
You've been listening to the Coin Show podcast with Matt
Dinger and Mike Notdleman. Tune in next time when the
boys bring you another exciting episode. You can find that
wherever you get your podcasts on Apple Podcasts, Spotify, iHeartRadio,
on our website at www dot coinhowradio dot com. You
(49:46):
can also join our private Facebook group where everyone sees
every post. Just search Facebook for Friends of the Coin
Show and ask to join. If you'd like more, you
can become a subscriber on Facebook or join our Patreon
at www dot patreon dot com slash the coin Show.
If you sign up at the five dollars month level
(50:07):
or higher, you'll have access to exclusive content on patreon
dot com on the off weeks, including the Not the
coin Show Podcast. Thanks for listening to the longest running
coin podcast in the world of numismatics.
Speaker 3 (50:22):
This has been the one and only, the original.
Speaker 1 (50:26):
This has been the coin Show Podcast.
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