June 8, 2025 • 50 mins
The leading podcast in coin collecting returns with Episode 246. In this installment, Mike and Matt discuss the latest developments in the world of numismatics, explore the ongoing debate surrounding the future of the U.S. cent, and share some of the most interesting items that recently came through their shops. Tune in and enjoy the conversation.
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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 Notleman on the Coin Show podcast.
Speaker 2 (00:24):
It is episode two forty six of the Quite Show podcast.
Speaker 3 (00:27):
I Am Mike and.
Speaker 2 (00:30):
And tonight's show is special. It's it's our first on Instagram,
and tonight we have we have our coolest thing, So
we are going to talk about We're going to talk
about the coolest thing that walked into each of our shops.
Clash of the Titan, Clash of the Titans, as always,
and we're also going to talk about the seemingly subjects
(00:52):
of the day, things like you know, are they gonna
melt sense?
Speaker 3 (00:56):
Stuff like that.
Speaker 2 (00:58):
We welcome your ideas, in your thoughts in chat, and
we also have just general good conversation and fun. So
hang on and all that comes in. But first, as always,
the news.
Speaker 3 (01:25):
You never look at me right before we do this
because I always give you the eye the who is it?
Speaker 2 (01:33):
The news is brought to us by thunderstorms will change
your world, but only for a little while until they
blow your house down. Well, I'm just saying that they
will change your world. Though, the United States men has
set the price for the twenty twenty five silver Eagles
with Army Navy Marine Corps Privy marks. So before we
(01:56):
get into the whole price thing, let's talk about the
elephant room that they don't address.
Speaker 3 (02:02):
Do we really need these? Oh?
Speaker 4 (02:08):
Well, they opened Pandora's box when they did the first privies.
They opened Pandora's Box, and now everybody gets a privy.
Everybody gets one because you know what, how can you
sell more coins if you can only make eight different
kinds of proofs and six different kinds of uncirculated, then
put privies on them.
Speaker 3 (02:27):
Duh. Yeah.
Speaker 2 (02:29):
See, here's the difference between this and commemorative stamps is
that I don't think you can ever wear this one
out because at the end of the day it's still silver.
I mean, yeah, but you may have to drop the
premiums eventually, right, not gonna happen. But at the end
of the day, you can make these things into atternity.
Speaker 3 (02:50):
Hey, can we get a coin show privy? Duh?
Speaker 4 (02:53):
Why don't we have one? Well, I think that would
be probably the most popular one ever in our opinion, No,
in anybody's opinion. I think it should be done.
Speaker 2 (03:06):
I mean, so, so these are priced at let's see,
it's it's twenty five bucks more exactly.
Speaker 3 (03:16):
Regulars. What five for these?
Speaker 4 (03:18):
They're not dropping the premiums, They're making them bigger. That's
that's exactly what we've been talking about.
Speaker 2 (03:25):
I think that if you if you make a privy,
you should charge more because there should be a surch charge,
kind of like the commemorative coin program where you know
you had you had money that went back to the cause.
I don't know if you want to do that, but
it seems like there should be some premium for the privy.
Mark Well, Chris says, this has it.
Speaker 4 (03:46):
The met learned the trick of just putting them in
a slightly different box to sell more of the same coins.
Speaker 3 (03:50):
Well, they do that.
Speaker 4 (03:51):
They have like the like the Congratulations said and the
Birthday said and then yeah, they do that with the
proof egos a lot.
Speaker 2 (03:59):
So you do it with proof sets, whether you realize
it or not. They have they have the limited edition
silver proof set, they Congratulations set, the Happy Birthday set,
the oh god, there's just a ton of them every
year on.
Speaker 4 (04:14):
I just read something in this story. Okay, so we're
getting an Army, Navy, and Marine Corps priview. Okay, cool,
you know that's good armed forces as well as separate
issues bearing a laser beam privy mark.
Speaker 3 (04:28):
What the heck is a laser beam privy mark? History?
Is it for some other video game? I mean, where
are we going with this? Guys? It's spaces.
Speaker 2 (04:47):
I don't know the laser but but there's no design
for it. There's still hope that it may not happen.
Speaker 3 (04:53):
I like that joke right there, coins with freaking lasers
Layerer Church. Uh so let's see.
Speaker 2 (05:03):
So yeah, it'll be available Friday, June thirteenth, when shipping
expected to start in July.
Speaker 4 (05:09):
I mean, Canada does this sometimes with their maples. I've
seen all sorts of funky firework privy marks and Titanic
privy marks and all this, but I mean, yeah, I
just hate it.
Speaker 3 (05:18):
I hate it. I hate it.
Speaker 2 (05:20):
The release lines with the Armies two hundred and fiftieth
anniversary on Trump's birthday Flag Day June fourteenth. Boy, hey,
that's my wedding anniversary. I can never forget that one.
So let's see the doctor Vera Ruben quarters are available
(05:42):
now in mags and roles.
Speaker 3 (05:43):
Have you seen any of these?
Speaker 2 (05:45):
Nope, this may be one of the busiest designs I've
ever seen on a quarter. Oddly, VERA. Rubin was the
person that discovered dark matter. Okay, something that you can't see.
So we go from literally thing this to the busiest
coin in American history.
Speaker 3 (06:03):
Yeah.
Speaker 2 (06:04):
Yeah, it's it was hard to find the denomination. It's
right there next to her head. Yeah, that's that's that's
weird looking.
Speaker 3 (06:11):
That's a lot going on on this coin.
Speaker 2 (06:13):
But but you know, worthy worthy uh recipe of the
honor and still really salty about the fact that they're
only doing these for five years.
Speaker 4 (06:24):
Right yeah, I mean I don't you know, obviously, I
don't want to uh to uh say something, you know,
bad about somebody that deserves to be on the coin.
Speaker 3 (06:35):
Of course she deserves to be on the coin. But man,
it's just no, no thanks.
Speaker 2 (06:41):
Well, I think it's more that, see, you look at
it as somebody, Okay, you're honoring somebody who I've never heard.
Speaker 3 (06:47):
Of it before, right finger gun.
Speaker 2 (06:55):
You're looking at them from the standpoint of you know,
they're honoring somebody that I've never heard of before, And
I think what that comes or what that really should
be looked at as, oh, here's somebody who I really
need to know more about.
Speaker 4 (07:07):
I mean, and that's great, and that if that and
that is what they're intending for these to do, and
that's what they're going to do, and that's great, that's awesome.
But I'm just talking about the coin. I'm not talking
about the subject.
Speaker 3 (07:20):
Yeah. So that's the way I look at it.
Speaker 2 (07:23):
All right, So the myth statistics say that the American
women quarter sets have really become very popular.
Speaker 4 (07:33):
Oh no, they're gonna make me put my email in. Okay,
well we're going to do this, any email forever, Mike
at Quincho Radio dot com. Submit, there you go, thank
you all, here we go.
Speaker 3 (07:53):
Okay, back to it.
Speaker 2 (07:55):
Yeah, so the women on quarters per sets have been,
you know, selling really really well, and it was just
that's cool.
Speaker 3 (08:05):
Yeah.
Speaker 2 (08:06):
So they have all the mittages for all the different issues,
the mid issues down at the bottom of this article.
And that's really more what I grab it. It's it's
interesting to look at, like, you know, how many of
the America the Beautiful coins sold versus you know, your
proof sets for these for the women on quarters, Well.
Speaker 3 (08:28):
You're not kidding. They got everything on there, don't they?
You sure do?
Speaker 2 (08:32):
They sure do your innovation quarters. You're you know, so
you're still selling twenty twenty three proof sets.
Speaker 3 (08:43):
I mean it doesn't surprise me a bit. It really doesn't.
Speaker 2 (08:47):
Well, because they've got them left over, they're.
Speaker 3 (08:50):
I mean, what are they gonna do with them?
Speaker 2 (08:51):
I sold two or three hundred and fifty to seventy
thousand of them?
Speaker 3 (08:55):
Yeah, I mean what are they gonna do with the leftovers? Though?
Speaker 4 (08:57):
Like literally, how do you get rid of those? So
to some wholesale at a deep discount? No, who knows, but
quarter proofs?
Speaker 3 (09:09):
It's a lot. Yeah, Oh yeah, you're not wrong, You're
not wrong. I'm just.
Speaker 2 (09:17):
Our good friends at Whitman have passed the torch of
the Cherry Pickers Guide, you know, which it kind of
needed a new new author. So they have announced that
Noel White will now lead, you know, the team at
Cherry Pickers.
Speaker 3 (09:35):
He's a variety gay. Yeah, And I think that.
Speaker 2 (09:38):
We're going to see a new Cherry Pickers a little
bit more often. So the new seventh edition is going
to be published as a single volume instead of split.
Speaker 3 (09:48):
I think that's a good idea.
Speaker 2 (09:50):
That's the change that they're going to make I think
it's Look, it's one of those things where you're going
to make the book way more expensive, but at the
end of the day.
Speaker 3 (09:59):
The people that and are willing to pay for it.
Speaker 2 (10:01):
So it's a good research book, and a good research
book is worth its weight in.
Speaker 3 (10:05):
Gold, right exactly.
Speaker 4 (10:08):
And I think, you know, I almost I'm gonna want
to probably stock some of these in my office for
the people that come in with their their you know,
their mint airs, for us to look at me like, hey, go,
this is the best book out there for this stuff.
Speaker 3 (10:22):
I want you buy this and delete that app on
your phone. Well, every single one of those need to go. Yeah.
Speaker 2 (10:31):
Woodmen has also launched a prestige line of premium albums
from Modern coin Collectors, So they're I think you're trying
to fill the the hollow still remaining for Dance Goes Yeah.
Speaker 4 (10:46):
I mean, what do you think of the look at this?
Like that that red? And was that blue or black?
I can't tell.
Speaker 3 (10:56):
It seems to be a navy or a black.
Speaker 4 (11:01):
But forever we know that, you know, we see Whitman's
as the blue little blue books, right, So it would
make sense if they stuck with some sort.
Speaker 2 (11:09):
Of blue that to me would seem to be what
they what they would do. But this is a break
in tradition. This is also a nicer you know, that's
an upgraded Hey, do you guys want to hear something
great speaking of old Whitman. For all listeners of our show,
I was able to secure you guys an exclusive discount
(11:32):
code for Whitmen. Exclusive discount code for Whitmen. It's just
the coin Show all one word, and you get a
nice discount on the Whitmen's website. So don't tell anybody,
it's a secret. Okay, that only for our listeners. You
guys are the only ones that get this. It's the
coin Show.
Speaker 3 (11:50):
All one word.
Speaker 4 (11:50):
I think you can use it as many times as
you want, So don't anybody, Okay, sorry. So anyway, so
these these new albums, they're they're bigger, they're sturdier, the
new art and they have soil assistant grained leather at
genuine leatherette. Think about how many little leatherettes so you
had to kill. I've never seen a leatherette before.
Speaker 3 (12:13):
Well it's August, you know, Naga Hyde, there are tons.
Speaker 2 (12:17):
Of so so these are start at seventy bucks. Now
my question this is, are they like you know, the
intercept shield, they're more inert I would hope, so for
seventy bucks.
Speaker 3 (12:34):
For seventy bucks, I would truly hope. So.
Speaker 4 (12:37):
But again we get a discount, so they're now seventy
bucks for us. Friends here you can. That's the way
to think about it.
Speaker 3 (12:44):
That's right. I already did this, but we're gonna do
it again, my.
Speaker 4 (12:49):
And Colin.
Speaker 3 (12:49):
Should we do that? You're gonna get a to do it.
Speaker 2 (12:54):
Should have been able to just click into it this time.
Speaker 3 (12:56):
Nope, Well, let me reload, reload. There we go, There
you go.
Speaker 2 (13:02):
So this next story is something that's a little bit
more topical and and I think I could deserve a
little bit of discussion. I want people, excuse me, a
whole lot of things. I want people to put a
comment on this video if they think that Pete Rose
(13:25):
belongs in the Hall of Fame.
Speaker 4 (13:28):
He's getting ready to be on a coin. So I mean,
I would rather be on a coin in the Hall
of Fame. Be quite honest with.
Speaker 2 (13:32):
You, Well, he would have rather been in the Hall
of fame.
Speaker 3 (13:35):
That you ever met Pete Rose, no interesting character. I'm gonna.
Speaker 2 (13:42):
I don't have a tremendously high opinion of the man.
It's like I just never really did. But he's the
all time hits leader. Hits are one of the main
components of the game.
Speaker 3 (13:58):
Hall of Fame.
Speaker 2 (13:59):
Now the question becomes, you know, does a lifetime ban
really mean lifetime?
Speaker 3 (14:04):
Well, guess what, he's dead, so has ended, So the
band should end.
Speaker 2 (14:10):
And there was a big thing the other day where
they declared that you don't have to it was a
lifetime ban. His lifetime has ended. How the band should end?
And my guy, she was Joe Jackson, you know, is
another one of these guys that as.
Speaker 3 (14:24):
He belonged in the Hall of Fame.
Speaker 2 (14:25):
So I think for a million reasons the guy belongs
in the Hall of Fame.
Speaker 5 (14:30):
Well, in lovebo hits a pretty good Well. He did cheat, well,
he cheated. He he bet on his own team. That's
that's the thing that really kills him.
Speaker 3 (14:41):
Yeah, I mean, and he.
Speaker 2 (14:44):
He ended Ray Fossey's career. And then they keeps showing
the highlight over and over again. I've never really understood
that one. Yeah, nineteen seventy All Star Game where he
bowls over the catcher in an All Star Game and
he ended the guy's career for all in tons of purposes.
Speaker 4 (15:02):
Crazy crazy, But he's going to be on a coin.
Do we have pictures of whatever they're deciding on yet?
Speaker 3 (15:08):
No, I don't believe so no.
Speaker 2 (15:11):
No, they're just saying that the contemplating putting him on
a coin. So I think this is more just you know,
kind of floating a trial balloon out there. I don't
think that he's going to be on one. Oh okay,
I thought this was like an official release. It was
just and how he's making the case amount of coin,
and I'm like, well, I think you should put him
(15:32):
in the Hall of Fame first.
Speaker 3 (15:34):
Well yeah, it's.
Speaker 2 (15:36):
Like comment in in the comments whether or not you
think he should be in the Hall of Fame.
Speaker 3 (15:41):
Yeah, okay, all.
Speaker 4 (15:43):
Right, oh my god. Again, let's see if I just reloaded. Yep, okay.
Speaker 2 (15:51):
So this one, I think is a really interesting piece.
So Ron DeSantis, the Florida governor, assigned a law allow
the use of gold and silver as lawful payment. And
I really sincerely wonder how this is going to play
out because of the power of the federal government to
(16:13):
coin money, right, I mean, that's article one. So Florida
can't mint their own coins.
Speaker 3 (16:22):
Can they change.
Speaker 2 (16:24):
You know, what they accept as value as long as
they continue to accept legal tender.
Speaker 4 (16:29):
Well, kind I think they found the kindest sort of
way around it. Is those gold backs that they're making,
you know, they're they're not coins, they're bills. So if
they're not minting their own coins, they're making these gold
back things that have gold in them, have different amounts
of gold in them, and that I I don't know.
(16:50):
I don't know, friend, I don't know.
Speaker 2 (16:52):
Well, to be honest with you, it's like my thing
is is it's like, are you really going to try
and barter with with something that floats as much as
gold and silver does? I mean, I just think this
is more of a more of a political thing where
it's like, you know, real money, that kind of stuff,
(17:13):
and it's like, that's not that's not how our money works.
Speaker 3 (17:18):
It just hasn't been for a long time. It's not.
Speaker 4 (17:20):
But we're in such a weird time right now where
everybody's trying to reinvent every single thing out there that's
worked for hundreds of years, and I mean, you know,
just other in a long.
Speaker 3 (17:32):
List of people trying to reinvent things that work just fine.
Speaker 2 (17:37):
The jack lead nineteen hundred Morgan dollar in MS sixty
eight is going up for sale.
Speaker 3 (17:44):
It's a nice goin.
Speaker 2 (17:46):
This is the only MS sixty eight organ dollar. Now
that's not that's what it says. Maybe the only nineteen hundred.
But I've owned an MS eight, I owned the nineteen.
I owned the MS sixty eight plus says it ranked
among a select few nineteen hundred dollars graded MS sixty
seven by PCGS. Subsequent years of grading service reassessed coins
(18:07):
quality does may only M S sixty eight across all grading.
Speaker 4 (18:11):
Services sixty eight of nineteen hundred. Yeah, it's got to
be for nineteen hundred.
Speaker 3 (18:16):
Yeah, yeah, because I found an eighty s and sixty
eight plus.
Speaker 2 (18:21):
I thought there was a sixty nine. I thought there
was one.
Speaker 3 (18:24):
There are there's more than one. Yeah, they're out there.
Speaker 2 (18:28):
Okay, accuracy counts, but nearly coin. I mean, if you
want to know a sixty eight out of Morgan dollar,
this should give you an idea.
Speaker 4 (18:37):
Yeah, that coin into tomorrow. Let's see if we can
get pulled up here at auction here it was seventy
seven grand. It's still the eighth. It seventy seven five hundred. Okay, good,
a lot going on though a little bit quite a
(18:58):
bit going on the cheek there. But I mean I
can see why it would be a seven or eight.
And the strike is kind of how to above the
ear not necessary, means that.
Speaker 2 (19:09):
It doesn't really need to have an eight.
Speaker 4 (19:13):
Well else, I mean I look at this this right here,
and I see right across the leaves here there's contact
and friction right across here. There's some strike issue going
on above the ear. And then you do have a
few marks in the face, including a couple halfway decent
size marks, and then right here in the neck there's
some pretty decent marks too. I mean from from this
(19:36):
distance it's a monster. But right but at like five
x it's kind of like, oh okay, so yeah, hard
to say. Let's look at their tree views. They have
some good pictures. Maybe this will give us a little
better idea.
Speaker 3 (19:51):
Yeah, I mean, yeah, I still see all that stuff.
Speaker 2 (19:57):
Well, I mean, which on the neck, the stuff on.
Speaker 4 (20:01):
There's a strike through in the wing.
Speaker 3 (20:04):
That's that's has made.
Speaker 2 (20:06):
Yeah, that's Maddy, this is stuff going on on the neck.
Speaker 3 (20:12):
Yeah, No, I don't know. It might be.
Speaker 4 (20:19):
There's definitely a couple of hits on the cheek and
then the leaves again. And I don't know if that's
strike or not. I don't think so.
Speaker 2 (20:27):
Yeah, it's like it's really flat far.
Speaker 3 (20:31):
Yeah, that's usually a strike issue because that's the deepest point,
right so, but also.
Speaker 2 (20:38):
It would have to be just absolutely hammer, that's I think.
Speaker 3 (20:41):
Yeah.
Speaker 4 (20:42):
And it looks like it's a super luster bomb too,
which is probably probably helps so handed some monster. Yeah,
and In even said has a good point, says pedigree
bump very well, could be very very well. Could be
that that happens, they'll say. If not, the any companies
will say it's not but one the thing, Yes, don't
(21:03):
let them tell you different, right, next curtain, Yeah, next up,
So do you remember to reach this challenge?
Speaker 3 (21:11):
Of course?
Speaker 2 (21:12):
Okay, so we've done it a couple of times. I
think if somebody were diligent and went back and listen
and looked at our old podcasts, I think, Matt, you
the last one took like it was like, uh, like
it was.
Speaker 3 (21:27):
Some it was just straight silver Eagles.
Speaker 4 (21:30):
No, no, I don't no. I thought mine was a
nineteen sixteen quarter. I thought that was it.
Speaker 2 (21:36):
Okay, I don't know, but anyway, so so yeah, so
you know, how would you invest ten thousand.
Speaker 3 (21:42):
Dollars right now?
Speaker 2 (21:44):
Well, why not this what's in front of us?
Speaker 3 (21:48):
Probably the same way I did before.
Speaker 4 (21:49):
I would I would find some some key dake coin
that's in that ballpark, and I would buy one single
coin and that would be what it would, you know,
what I would go after, like a top pop something
that that you know, you know. And and I'm sure
Jeff probably makes a good point here talking about how
(22:12):
you know the gold because I was talking about somebody
about this the.
Speaker 3 (22:16):
Other day, and it makes sense because if you.
Speaker 4 (22:18):
Think about it, if you look at say, Saint Godin's
double Eagles and MS sixty four, right, so they've been
three thousand dollars forever, for years and years and years.
And what happened was they were up here at three
thousand dollars when gold was at two thousand, one hundred,
was it twenty two hundred, was it twenty five hundred?
Speaker 3 (22:40):
Now its three Guess what? Well, now they're.
Speaker 4 (22:44):
Still that same price pretty much and now and now
they're just kind of tragging and dragging along behind spot.
So it's not a terrible idea to buy if you
think that eventually gold's gonna come down somewhere as close
as you can get the spot buying those coins, because
if gold does use you know, peek out come back down, well,
then guess what, they're three thousand dollars again and gold
way back down here again.
Speaker 2 (23:04):
So I'm sorry, I was gonna say, I think that's
a brilliant idea, is to find something that's inflated because
of the inflated price of gold and just wait for
the premium to come back to it.
Speaker 3 (23:18):
Yeah.
Speaker 4 (23:18):
I mean that that's the way to protect against a
downturn in the price of gold, because right now their
value is that of bullion, whereas before their value of
a collector coin. So you know, it may they may revalue.
They might come you know, go go back down to
(23:38):
twenty five hundred and they end up staying at thirty
two hundred dollars or you know, something like that. So
it's one of those things that it's entirely possible. That's
not the terrible place to look. But I have sent
several saints like I sent this week alone. I sent
off two saints in sixty two and sixty one Satan
sixty two and one Satan sixty three off as just
(24:01):
gold because that's all they are, that's all I can
get for them.
Speaker 2 (24:05):
Well, the worst part about it is is that they're flat.
It doesn't matter if it's a fifty eight to sixty
to sixty two, the sixty.
Speaker 3 (24:12):
Four, they all sell for the same price right now. Yeah,
that's right.
Speaker 4 (24:16):
So buy the best coins you can get right now,
as close to goal as possible, and then if gold
does go down, then you're gonna be okay, you're gonna
be better off than you were if you just had
to straight billion. Yes, that's my thought. If you want
to go to the bullion route, that's the way you go.
Speaker 3 (24:28):
Again.
Speaker 4 (24:29):
I would just go the single collector coin straight up,
one coin as close to ten grame.
Speaker 3 (24:34):
As I can get. That would be it.
Speaker 2 (24:36):
I've always said a concert just a bad investment. So
you know, a lot level more things that you can
do that I think you can win on. But I
think your idea or was that Jeff's idea, Well, I
don't know, I just I don't.
Speaker 4 (24:52):
I didn't read the article, but I saw that he
was talking about Saint Stott or twenty lives down here,
and I kind of that's what spurred that conversation.
Speaker 3 (24:59):
Back to me today that we had this week.
Speaker 4 (25:03):
The other thing, you know, it's hard to say because
this level that you get to at ten thousand dollars
is kind of the level where coins can become an
investment and you'll do Okay, that's my point is you
can look at a two thousand dollars coin and in
ten years it's probably still going to be a two
thousand hours coin. But these ten thousand dollars coins are
(25:24):
the ones that are kind of you know, they trade.
It just takes a couple of good auctions, and that's
a fifteen thousand dollar coin.
Speaker 3 (25:30):
So that's the way you kind of look at those to.
Speaker 4 (25:36):
Yeah, well, I hate this conversation because I've had it
many times and it's always one of those that, yes,
it can be done, but you have to do it
the right way.
Speaker 2 (25:50):
Yeah, there's a lot of pitfalls moving on. So PNG
has set the Dealer Day for November Baltimore show.
Speaker 4 (25:58):
You want to hear something, Yeah, I am now a
PNG member. Oh my yeah, full fledged member.
Speaker 3 (26:07):
Of the PNG. I joined on his on his standover there, Catal.
Speaker 4 (26:11):
States, Well, I actually know I went over, So you
have to get references to join the PNG as part
of the applications.
Speaker 3 (26:21):
Kind of yeah.
Speaker 4 (26:21):
So so my sponsors were John Figenbaum, Jeff Garrett, and
Ron Jawinski from c AC. So it was like, well, no,
I don't know, but that those are the guys that
I knew that were in it. And I know, but
I went to Jeff and I said, hey, Jeff, do
you mind, you know, sponsor me for this? And he goes,
you know, you're gonna have to wear a suit and
tie and I said, okay.
Speaker 3 (26:40):
Never mind. He would have did it anyways. But I said, yeah, I.
Speaker 4 (26:48):
Think they're I think they're reaching the level that they're
going to start embracing some of these younger guys that
don't want to wear a super till day.
Speaker 2 (26:56):
So and maybe it'd be nice once in a while
if they dress up.
Speaker 4 (27:02):
Just yeah, I mean, I've dressed up for events, but
I'm not wearing a suit on it calling the floor
of a coinchow.
Speaker 3 (27:06):
I'm sorry, friends, No, I can't get too much of
this still can So we digress?
Speaker 2 (27:11):
Because are we or are we not going to be
at the November Baltimore show.
Speaker 4 (27:17):
As far as I know, they haven't signed anything yet,
but as far as I know, yesterday want us in
November for Baltimore, So.
Speaker 2 (27:24):
The plans are that we're going to be there. It's
one of my favorite shows to do. Baltimore, Central States
and the World's Fair Money, I think is like the
triple Crown for me, right, So yep.
Speaker 4 (27:36):
Yeah, this one's in November. I think it's at the
beginning of November.
Speaker 2 (27:38):
Let me look here, this one is going to be
November six yeah.
Speaker 3 (27:42):
Yeah.
Speaker 4 (27:44):
Well, and the funny thing about the PNG and why
I joined, part of it was for these dealer days.
Because PNG dealer Day for non members is like three
hundred and fifty bucks to go to your table early. Well,
the PNG membership was like six hundred bucks for the year,
So there's half of it right there because we'll be
there and I can get to my table a whole
day early. So yeah, there we go. That's all.
Speaker 2 (28:09):
So Jack, Yeah, dark Side Jack has has brought us
a really interesting sixteen D counterfeit in a counterfeit PCGS slab.
You well, at least I'm happier to see it's in
a counterfeit slab.
Speaker 3 (28:24):
You know, it's not the slab itself is not good knowledge.
Speaker 2 (28:31):
There's nothing right on it. It's missing the pcgs on
the bottom right corner. Yeah, it's the font is wrong.
Speaker 3 (28:40):
No, it's got the pcgs on the bottomight corners. Yeah
they might be. It might not be correct. They might
not have got the chase of it.
Speaker 2 (28:47):
Yeah, it doesn't look right. And the font is wrong, yes,
very much is. And that's before you even get to
the coin. Yeah, fifty sixteen D God, how much does
that go for?
Speaker 3 (29:03):
There? Quite a bit, but ten thousand or so.
Speaker 2 (29:06):
Yeah, that's a five figure coin. That's a big number.
Speaker 3 (29:11):
Yeah, that's nuts. It.
Speaker 4 (29:13):
It's just getting worse and worse with this stuff.
Speaker 3 (29:15):
I like. I like how Jack breaks.
Speaker 4 (29:17):
Down the bar code where he actually scans the bar
code and reads what it is.
Speaker 3 (29:21):
Now, it's not.
Speaker 4 (29:22):
Correct, he says, this one actually scans to an eighteen
ninety three S dollars in exces forty five.
Speaker 3 (29:30):
OK, be your first clue.
Speaker 2 (29:32):
Yeah, so uh has done a real sixteen D right,
And this.
Speaker 4 (29:40):
Is my point of part actually is down here where
he reports it to eBay. Yes, and it says we
did not find the violation of your policy. Why not
the Queen's counterfeit.
Speaker 3 (29:52):
See.
Speaker 4 (29:52):
The thing is eBay doesn't care anymore. That most people
don't understand that eBay could care less right now, as
long as they're selling stuff, they don't care if it's fake.
Speaker 2 (30:00):
At this point, they finally just thrown the switch and
let the flood gates open.
Speaker 3 (30:05):
They don't anymore.
Speaker 4 (30:08):
They just kind of went, they did, they pulled, they
pulled one of these. They just went eh, and and
now that's where we're at.
Speaker 2 (30:15):
So we used to call the OLA defense.
Speaker 4 (30:18):
Yeah, pretty much is unfortunate, but that's where we stand
with with the ENNGC at the moment.
Speaker 3 (30:25):
So yeah, all right, get ready for another get ready
for another red. And finally in the news, uh queen.
Speaker 2 (30:35):
Our numismatic news one that is reporting that, uh, this
is like the story of the decade plaint collecting is changing.
Speaker 3 (30:44):
Yeah, yes, I think it is.
Speaker 6 (30:47):
Yeah, no, no, no, it's like they're they're just talking about
some of the different things that are coming out and yeah,
maybe this is a click bait article, but it's it's
talking about stuff like you know, the the uh, the
innovation dollars, you know, and how the BP is constantly
(31:08):
trying to do more physical cash and more stuff and
more interesting things and they're just constantly bringing out stuff
for you.
Speaker 4 (31:20):
Yeah, I mean this is this looks kind of.
Speaker 2 (31:23):
Like they're doing a DC coin this yere right, they're
doing Batman.
Speaker 4 (31:28):
No, you're the the the content of our coinage is
for sale. At this point, it sounds like, you know,
to to the highest bid or the content and the
design of our coinage seems to be for sale. You
have laser beam prives coming. We got freaking DC coins coming.
I mean, welcome to yet No, no, not that I
(31:50):
know of, but welcome to your coins becoming a giant
billboard here we are. Yeah, that's why I hate modern coins,
always have, always will.
Speaker 3 (31:59):
I'm starting eight modern coins.
Speaker 2 (32:01):
Although you know what I can say, Well, you know
I clicked twentieth century coins.
Speaker 3 (32:05):
True. Yeah, that's a good point.
Speaker 2 (32:09):
Yes, And that was the news, and the news was
brought to us tonight by thunderstorms. We will change your world,
but only for a little while. We're thunderstorms.
Speaker 1 (32:21):
You're listening to the coin Show podcast with Matt Dinger
and Mike Noteleman.
Speaker 2 (32:31):
So here, I've got something that I wanted to talk
to you about.
Speaker 3 (32:34):
And it was at the last link in the news.
So will the.
Speaker 2 (32:38):
US men felt down older Lincoln sense this becomes a
real question. And right now currently it is not legal,
so we can stop with that. But let's say that
because you know, the penny is if they if they
actually stopped the denomination, you know, will they allow the
(33:00):
melting of it? And even if they don't, will they
go someplace else across the world.
Speaker 4 (33:05):
If they stop minting them, then that means that there's
no longer use for them, and that means that we
will no longer be using them if there's not a
use for them anymore. So yes, I think that they
probably will say if they do indeed act the penny forever,
they will come along and say, okay, you can melt
them out. That's what's going to happen, Nichols. No, because
we're still using those. That's going to be our new penny.
Speaker 2 (33:27):
But yeah, we're making them at a loss, so that's perfect,
that's right in line.
Speaker 3 (33:32):
Yeah, right, So.
Speaker 2 (33:34):
Yeah, it's it's just what I think what's going to
happen to us. They're going to change composition on the nickel.
Probably I'll end up making it out of either stainless
steel or some kind of of vanadium or some you know,
but what vanadium or you know, just something.
Speaker 4 (33:53):
Probably making a plastic once I know, and I think
they're going to do it again. So how would they
be able to segregate the Preaty two is you can
actually do it by weight.
Speaker 3 (34:09):
What you do is.
Speaker 2 (34:10):
You take a pre nineteen eighty eighty one or older
cent put it on this end of a popsicle stick.
Speaker 3 (34:18):
Not real method. I don't think it's gonna sit there
with their popsicle sticks. So they'll be a way tongue
de Prosser.
Speaker 4 (34:26):
And it may actually use electrical conductivity that's probably different
on the coins as well, so they'll be And the
thing is, you say the US Mint melting them, it
won't be the US Mint, It'll be the public.
Speaker 3 (34:38):
It'll be it'll be people.
Speaker 4 (34:40):
Out here that are doing the melting, because yeah, the mint,
it'll be you know, the government, the Fed might might
melt whatever they have around, but it's not like they're
going to start snagging them, you know, because nobody gonna
turnme in.
Speaker 2 (34:55):
I think something else that's really important to understand it.
I think this is kind of the that's going on
in this country is you know, what powers do what places.
The US Mint is not a thing that owns money,
it's it's a manufacturing plant, that's all it is. So no,
they're not going to hang on to it, they're not going.
Speaker 3 (35:14):
To recall it.
Speaker 2 (35:16):
It's you, the American public that owns coinage, so you're
going to be the ones that end up, you.
Speaker 4 (35:21):
Know, right, And Eric, Eric makes a great point. What
is illegal is to melt it for a profit. The
way the way the law works is a dollar bill,
one hundred dollar bill, a half dollar, a penny is yours.
When you have it in your possession, it is yours,
and you can do whatever you want with it as
long as it's not one of two things, as long
(35:41):
as you don't try to turn it into something that's
not i e. Bleaching a one dollar bill, printing one
hundred dollars on it and trying to spend it as
one hundred hours.
Speaker 3 (35:49):
Can't do that, and then you cannot destroy it.
Speaker 4 (35:51):
For profit, which is what we're talking about here, where
it's melting it down and you know, tragging it into
copper or zinc or whatever it is that you're going
to melt down into and then knowing that direction. So
that's what makes it illegal. Other than that, if you
want to chuck your pennies and a bonfire. Your go
for it. They're yours. You can do whatever you want
(36:11):
with them. You want to carve them, you want to
draw holes in them, you want to make rings out
of them.
Speaker 3 (36:14):
That's all legal.
Speaker 2 (36:16):
So so h m love most says, well, all Congress says,
do is pass legislation, Do allow the melting of coins.
They have to pass legislation. Do allow the melting of
sense because melting silver coinage is already.
Speaker 3 (36:30):
Legal, yes, because those are not circulating anymore.
Speaker 4 (36:34):
The coinage of silver no longer circulates, so that stuff,
that's why there's a legal.
Speaker 3 (36:38):
Melt, destroying a useful item in their in their minds.
Speaker 4 (36:43):
And the other problem you would run in. The other
problem you would run into with that one was overnight,
both sense and nickels would disappear. There would not be
enough to go around, and we're just going to use
a nickel, So you can't just do a blanket melting
of all coinage.
Speaker 3 (36:59):
You'll find around on the ground after this.
Speaker 4 (37:02):
Yeah, So that's my point is, you know, a nickel's
got seven cents worth of nickel in it. Uh, you know,
look at those percentages, buddy, that's a pretty great return.
If you go out and buy all the nickels you
can find in a nickel piece and melt them.
Speaker 3 (37:13):
Yeah, they are three quarters copper. People just don't realize that. Yeah.
So so.
Speaker 2 (37:22):
Yeah, I think that Canada is always going to be
our bell Weather. I think that what they've done, you know,
in eliminating it, and I don't think they really care
what people do with sense anymore up there.
Speaker 4 (37:34):
Yeah, yeah, they don't. And you can melt them now,
I'm sure, I'm sure of it up there. Yeah, so
that's what happened here.
Speaker 2 (37:42):
Is interesting because you know, we had a news crew
at our in our shop asking about.
Speaker 3 (37:46):
Well, you know, they're going to stop me.
Speaker 2 (37:48):
Look, the one thing that I know for sure is
they're going to make sense next year. They're gonna make
them for the semi quin centennial. They're not going to
stop the for that.
Speaker 3 (38:01):
We'll see after maybe maybe they could make who knows,
they could only make them for collectors. Next year. They won't.
They may not make them to circulate, but they'll them.
But they will still make them.
Speaker 4 (38:14):
And that may be how they get around this needing
Congress to pass the legislation. Just like Kennedy half dollars,
they don't really make that many of those for circulation
anymore because still nobody uses them. So they do make
them for the debts, they do make them for roles.
They put some out for circulation, but not very many year.
Last year they actually issued them for circulation. Again, I'm saying,
(38:34):
every few years they find they actually decided like okay, yeah.
Speaker 2 (38:38):
It took from nineteen ninety six to twenty twenty three
for them to make them for their cats.
Speaker 4 (38:42):
My point, and that's probably what will happen with pennies,
is if they will continue to put them in the
mint tests, continue to put them in the prose sets.
Speaker 3 (38:50):
You can buy them from the mint in.
Speaker 4 (38:51):
Rolls maybe or fun little bags, but other than that,
they're not going to be in circulation. And that's how
they get around that, the government having to approve not
making them because they're still making them technically technically they're
making them, but yeah, that's how they got around it.
Speaker 3 (39:10):
So there you go. That's my thoughts.
Speaker 2 (39:11):
With your yeah, leave them in the comments below, I'd
like to hear what you think about about the set
and should you be able to melt them? Will they
be meltable once they're they're I don't want to see demonetized.
But once it's no longer a valid denomination.
Speaker 4 (39:31):
Yeah, yeah, I mean that that is true. All right,
to fill his petty room. Okay, it's it's become that time,
my friend.
Speaker 3 (39:42):
Is because that time you lose.
Speaker 2 (39:44):
Well, look, I will put my track record up against
you have.
Speaker 3 (39:51):
But tonight you kind of you kind of.
Speaker 2 (39:53):
Pop the bear last year because you really we have it.
Speaker 3 (39:57):
We tied.
Speaker 2 (39:59):
I'm like, okay, I am going.
Speaker 3 (40:00):
To bring it.
Speaker 2 (40:01):
I am going to bring it every week and or
every show, and this show I have brought it again.
Speaker 4 (40:07):
Yep, and we're going to see what happens. So you
want me to go for yep, you're going first. Here
we go.
Speaker 2 (40:13):
So what we have here is a national currency note.
This is uh second I need to find uh, I
need to find No, there was a there's a picture
that I had of it that had that had the
FR number and stuff like that.
Speaker 3 (40:33):
It's just always helpful. Anyways, this is what's called.
Speaker 2 (40:37):
This is a national note. This is what is called
a charter back. So these were issued in the eighteen eighties.
Speaker 3 (40:45):
Uh.
Speaker 2 (40:45):
They were issued by the individual banks. This one has
been issued by the National Bank of Commerce of Saint
Louis in Saint Louis, Missouri. They it's a ten dollar
note and their charter number is four on seven eight,
So if you look at the reverse you will see
the number four one seven eight in blazon.
Speaker 4 (41:07):
You know what else they call these? I bet you
can't guess brown backs? Brown backs?
Speaker 3 (41:11):
Yeah, yeah, bring some brown backs. You know.
Speaker 4 (41:15):
I always thought that this particular design, especially these are
actually really cool because they have the state seal of
every state that made these on the back of the note,
and I they are actually different. I know a guy
that collects variations on these state seals. Uh, so it's
it's very interesting.
Speaker 3 (41:34):
But ye not that.
Speaker 4 (41:36):
Yeah, every single one has the state seal on the
back of the note.
Speaker 3 (41:39):
So cool. Yeah, yeah, these are fun. Now, this is
a really nice note.
Speaker 2 (41:45):
This came into the shop it is in I would
call it like a like a high end VF low
end x F. If you notice the thing at the
very top of the right head corner, uh of this
signature the signature.
Speaker 3 (42:02):
It's the spinner signature.
Speaker 2 (42:03):
And this guy just always liked to drag it down.
So that's from the note above it on the sheet.
Speaker 4 (42:09):
Yeah, these came in sheets of four. I believe it
was well, depending on the nomination, it was.
Speaker 3 (42:16):
Fifty.
Speaker 4 (42:17):
I think on these it was three tens in a
twenty okay, and then on the other one it was
whatever whatever the other.
Speaker 3 (42:25):
Yeah, I'm not sure.
Speaker 4 (42:27):
They probably issued twos or sometimes they only issued five
tens and twenties a lot of times, so that's.
Speaker 2 (42:35):
By the bank itself. So this one, it came across
our desk. We bought it and we promptly sold it
because it is an absolutely gorgeous note. This note sold,
I'm not mistaken. I think I think I sold this
(42:58):
with somewhere in neighborhood of fourth h I.
Speaker 3 (43:01):
Mean, yeah, probably. It's a nice second.
Speaker 2 (43:04):
Note between four and five thousand.
Speaker 4 (43:07):
It's a cool note. But you know what's cooler what
I brought, sorry to say, we'll see.
Speaker 3 (43:12):
Yeah, you guys know me.
Speaker 4 (43:14):
You guys know that I like the strange, the unusual,
and the absolutely freaking awesome. Well that is what I
bought this week. Let me show you, guys a picture
of what I bought. Doesn't look like much, but read
it four nineteen twenty eight. Yep, but read what's in between.
Speaker 3 (43:35):
May jan So, this, my.
Speaker 4 (43:39):
Friends, is an original US mint cloth bag that at
one point in its lifetime contained five thousand dollars face value.
In nineteen twenty eight, Saint Gaudon's Double Eagles.
Speaker 2 (43:51):
Had two hundred and fifty twenty dollars gold.
Speaker 3 (43:54):
Piece in it.
Speaker 4 (43:55):
Yep, yep, this is an original bag for Double Eagles.
I've owned Morgans, I'm on Carson City bags. This is
probably the coolest one yet.
Speaker 3 (44:05):
So I have to say this is really cool.
Speaker 2 (44:07):
I mean, this is this is an awesome bag.
Speaker 3 (44:10):
Yeah, and you know what I'm gonna do with it.
Speaker 4 (44:11):
I have a great plan I'm going to I'm gonna
get it framed, I'm gonna have the bag and then
at the bottom, i'm gonna get a nineteen twenty eight
Saint like sixty five and had it sat in there
with it, and then we're gonna hang it on the
wall of the office.
Speaker 2 (44:22):
See there's a lot to call from this though. If
you look at the bag, now you know how they
knew looking at the bags what was in them. Yeah,
because it's marked on the nineteen twenty eight Philadelphia Double Eagles.
Speaker 4 (44:35):
And you can also see how really easy it would
be for Quinn to get a bag mark because literally
that was what they were issued to the banks, and
they put a little string on the top with the
lead seal and they were like here you go, and
they just you know, that's where all this stuff comes from.
Speaker 3 (44:49):
So uh yeah, we were double eagles. Man, I think
it ways like that is quite a bit. It would
weigh a lot. Yeah, yeah, so.
Speaker 4 (44:57):
That that is what I bought. That is what my
this thing was. I hate to say, but I think
it's it's pretty during cool. I'm pretty excited to get it.
Speaker 3 (45:06):
I'll put it in front.
Speaker 2 (45:07):
So you could not have bought this bag with my note.
Speaker 4 (45:14):
No, no, couldn't half well no, but I mean think
about that. That was five thousand dollars face value in
nineteen twenty eight. What's the exchange, what's the what's the
adjusted with inflation rate on that?
Speaker 3 (45:26):
Let me find out. I mean five thousand.
Speaker 2 (45:28):
It was pegged at twenty dollars now at twenty bucks
an ounce, and it's currently thirty three hundred dollars now.
So we're two hundreds of the album. It's roughly two
hundred and forty eight ounces.
Speaker 3 (45:39):
So hold on, give me a second here.
Speaker 4 (45:41):
I just want to see what what adjusted for inflation,
the actual face value is today, So it says adjusted
for inflation, five thousand dollars is worth roughly ninety three
thousand dollars today.
Speaker 3 (45:51):
I think I much rather have the gold. Yeah, because
what's the gold worth?
Speaker 4 (45:56):
Because you figure that's two hundred and fifty coins times
thirty three three, say eight hundred and twenty that's a
cool eight hundred and twenty five thousand dollars.
Speaker 3 (46:05):
Ah, yes, so.
Speaker 4 (46:09):
Throwaway, yep, Okay, we're gonna put the vote up here
before two months longer on Friends of the Coin Show.
If you guys are not on Friends of the Coin Show,
what's wrong with you? You'll be out of Facebook search
Friends of the Coin Show. It's our exclusive group. You
see every single thing we post and every single thing
everybody else posts. It's a great community. Uh, you will
(46:30):
really enjoy it. There's a lot of very helpful people there.
It's good. It's good fun. It's good, clean, fun, family friendly.
Come on, hang out with us and you can vote
on who wins the coolest thing.
Speaker 2 (46:41):
And every once in a while you'll get into a
discussion that you know may not be seen any place.
Speaker 3 (46:47):
Elves. That's true.
Speaker 4 (46:49):
There's a lot of good information because you know, we
do actively monitor it. There's not anybody. If somebody comes
in there and starts spouting off bad information like it's
the gospel, it gets deleted real quick. Stuff doesn't fly
on our group, you know. Well I've seen a lot
of other Facebook groups and queen groups and Queen rerated especially,
but you know, it's Uh, it's definitely a place to
(47:12):
come and learn and have a good time if you're.
Speaker 2 (47:13):
Not there, and share your knowledge and share your enthusiasm
and your love. Of course, so we we would like
to thank all the people who contribute to the show.
Speaker 3 (47:25):
Uh.
Speaker 2 (47:25):
There's Corey, there is their nest out. There is Barry
and Justin and uh and uh Russ and missing somebody.
I know I'm missing somebody, well you and me, and
but most of all, thank you for listening. Uh. If
(47:47):
you like this and you like our show, please give
us a like, give us the thumbs up. That's the
only time I'll ask you. And uh, it really does
help to show up, make a comment, share it with
your friend, uh, talk to him about it, and share
this show and some of the stuff that we do.
Speaker 3 (48:05):
We have a really cool interview with.
Speaker 2 (48:07):
Randy Titan, who was the model for the second juiat
Coin and it was it was a hangout that we did,
so she wanted to come on and she wanted to
spend an entire hour.
Speaker 3 (48:17):
So if you haven't watched it, you should. It was great.
Speaker 2 (48:19):
It was really fun. She was a real sweetheart and
she's just a pistol, so she was.
Speaker 3 (48:24):
She was a lot of fun. Man. I'd love to
have her on again. I'm sure we will.
Speaker 2 (48:28):
So thank you everybody who listened, and thank you everybody
helped put us together.
Speaker 3 (48:32):
Without you, we wouldn't be doing this.
Speaker 2 (48:35):
Follow us on let's see facebook now, on Instagram and YouTube.
Speaker 3 (48:41):
And as all talks. Oh yeah, we're ticking the talks,
that's right, yeah now still tick yeah.
Speaker 2 (48:51):
So for the Coach Show, I'm Mike and I'm mad
and we haven't ended this in a long time like that.
But we'll talk to you next time. On episode two
forty seven of the Coach Podcast.
Speaker 1 (49:03):
You've been listening to the Coinshow podcast with Matt Dinger
and Mike Noteleman. The boys will be back soon with
another informative and entertaining episode. Meanwhile, you can follow the
show on social media at the coin Show on Twitter
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(49:25):
Just search Facebook groups for Friends of the coin Show
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(49:47):
other surprises reserved for our patrons. Visit our website at
coinshow radio dot com or download our podcasts on Apple Podcasts, iHeartRadio, Spotify,
or wherever you download your podcasts. 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 Notleman on the Coin Show podcast.
Speaker 2 (00:24):
It is episode two forty six of the Quite Show podcast.
Speaker 3 (00:27):
I Am Mike and.
Speaker 2 (00:30):
And tonight's show is special. It's it's our first on Instagram,
and tonight we have we have our coolest thing, So
we are going to talk about We're going to talk
about the coolest thing that walked into each of our shops.
Clash of the Titan, Clash of the Titans, as always,
and we're also going to talk about the seemingly subjects
(00:52):
of the day, things like you know, are they gonna
melt sense?
Speaker 3 (00:56):
Stuff like that.
Speaker 2 (00:58):
We welcome your ideas, in your thoughts in chat, and
we also have just general good conversation and fun. So
hang on and all that comes in. But first, as always,
the news.
Speaker 3 (01:25):
You never look at me right before we do this
because I always give you the eye the who is it?
Speaker 2 (01:33):
The news is brought to us by thunderstorms will change
your world, but only for a little while until they
blow your house down. Well, I'm just saying that they
will change your world. Though, the United States men has
set the price for the twenty twenty five silver Eagles
with Army Navy Marine Corps Privy marks. So before we
(01:56):
get into the whole price thing, let's talk about the
elephant room that they don't address.
Speaker 3 (02:02):
Do we really need these? Oh?
Speaker 4 (02:08):
Well, they opened Pandora's box when they did the first privies.
They opened Pandora's Box, and now everybody gets a privy.
Everybody gets one because you know what, how can you
sell more coins if you can only make eight different
kinds of proofs and six different kinds of uncirculated, then
put privies on them.
Speaker 3 (02:27):
Duh. Yeah.
Speaker 2 (02:29):
See, here's the difference between this and commemorative stamps is
that I don't think you can ever wear this one
out because at the end of the day it's still silver.
I mean, yeah, but you may have to drop the
premiums eventually, right, not gonna happen. But at the end
of the day, you can make these things into atternity.
Speaker 3 (02:50):
Hey, can we get a coin show privy? Duh?
Speaker 4 (02:53):
Why don't we have one? Well, I think that would
be probably the most popular one ever in our opinion, No,
in anybody's opinion. I think it should be done.
Speaker 2 (03:06):
I mean, so, so these are priced at let's see,
it's it's twenty five bucks more exactly.
Speaker 3 (03:16):
Regulars. What five for these?
Speaker 4 (03:18):
They're not dropping the premiums, They're making them bigger. That's
that's exactly what we've been talking about.
Speaker 2 (03:25):
I think that if you if you make a privy,
you should charge more because there should be a surch charge,
kind of like the commemorative coin program where you know
you had you had money that went back to the cause.
I don't know if you want to do that, but
it seems like there should be some premium for the privy.
Mark Well, Chris says, this has it.
Speaker 4 (03:46):
The met learned the trick of just putting them in
a slightly different box to sell more of the same coins.
Speaker 3 (03:50):
Well, they do that.
Speaker 4 (03:51):
They have like the like the Congratulations said and the
Birthday said and then yeah, they do that with the
proof egos a lot.
Speaker 2 (03:59):
So you do it with proof sets, whether you realize
it or not. They have they have the limited edition
silver proof set, they Congratulations set, the Happy Birthday set,
the oh god, there's just a ton of them every
year on.
Speaker 4 (04:14):
I just read something in this story. Okay, so we're
getting an Army, Navy, and Marine Corps priview. Okay, cool,
you know that's good armed forces as well as separate
issues bearing a laser beam privy mark.
Speaker 3 (04:28):
What the heck is a laser beam privy mark? History?
Is it for some other video game? I mean, where
are we going with this? Guys? It's spaces.
Speaker 2 (04:47):
I don't know the laser but but there's no design
for it. There's still hope that it may not happen.
Speaker 3 (04:53):
I like that joke right there, coins with freaking lasers
Layerer Church. Uh so let's see.
Speaker 2 (05:03):
So yeah, it'll be available Friday, June thirteenth, when shipping
expected to start in July.
Speaker 4 (05:09):
I mean, Canada does this sometimes with their maples. I've
seen all sorts of funky firework privy marks and Titanic
privy marks and all this, but I mean, yeah, I
just hate it.
Speaker 3 (05:18):
I hate it. I hate it.
Speaker 2 (05:20):
The release lines with the Armies two hundred and fiftieth
anniversary on Trump's birthday Flag Day June fourteenth. Boy, hey,
that's my wedding anniversary. I can never forget that one.
So let's see the doctor Vera Ruben quarters are available
(05:42):
now in mags and roles.
Speaker 3 (05:43):
Have you seen any of these?
Speaker 2 (05:45):
Nope, this may be one of the busiest designs I've
ever seen on a quarter. Oddly, VERA. Rubin was the
person that discovered dark matter. Okay, something that you can't see.
So we go from literally thing this to the busiest
coin in American history.
Speaker 3 (06:03):
Yeah.
Speaker 2 (06:04):
Yeah, it's it was hard to find the denomination. It's
right there next to her head. Yeah, that's that's that's
weird looking.
Speaker 3 (06:11):
That's a lot going on on this coin.
Speaker 2 (06:13):
But but you know, worthy worthy uh recipe of the
honor and still really salty about the fact that they're
only doing these for five years.
Speaker 4 (06:24):
Right yeah, I mean I don't you know, obviously, I
don't want to uh to uh say something, you know,
bad about somebody that deserves to be on the coin.
Speaker 3 (06:35):
Of course she deserves to be on the coin. But man,
it's just no, no thanks.
Speaker 2 (06:41):
Well, I think it's more that, see, you look at
it as somebody, Okay, you're honoring somebody who I've never heard.
Speaker 3 (06:47):
Of it before, right finger gun.
Speaker 2 (06:55):
You're looking at them from the standpoint of you know,
they're honoring somebody that I've never heard of before, And
I think what that comes or what that really should
be looked at as, oh, here's somebody who I really
need to know more about.
Speaker 4 (07:07):
I mean, and that's great, and that if that and
that is what they're intending for these to do, and
that's what they're going to do, and that's great, that's awesome.
But I'm just talking about the coin. I'm not talking
about the subject.
Speaker 3 (07:20):
Yeah. So that's the way I look at it.
Speaker 2 (07:23):
All right, So the myth statistics say that the American
women quarter sets have really become very popular.
Speaker 4 (07:33):
Oh no, they're gonna make me put my email in. Okay,
well we're going to do this, any email forever, Mike
at Quincho Radio dot com. Submit, there you go, thank
you all, here we go.
Speaker 3 (07:53):
Okay, back to it.
Speaker 2 (07:55):
Yeah, so the women on quarters per sets have been,
you know, selling really really well, and it was just
that's cool.
Speaker 3 (08:05):
Yeah.
Speaker 2 (08:06):
So they have all the mittages for all the different issues,
the mid issues down at the bottom of this article.
And that's really more what I grab it. It's it's
interesting to look at, like, you know, how many of
the America the Beautiful coins sold versus you know, your
proof sets for these for the women on quarters, Well.
Speaker 3 (08:28):
You're not kidding. They got everything on there, don't they?
You sure do?
Speaker 2 (08:32):
They sure do your innovation quarters. You're you know, so
you're still selling twenty twenty three proof sets.
Speaker 3 (08:43):
I mean it doesn't surprise me a bit. It really doesn't.
Speaker 2 (08:47):
Well, because they've got them left over, they're.
Speaker 3 (08:50):
I mean, what are they gonna do with them?
Speaker 2 (08:51):
I sold two or three hundred and fifty to seventy
thousand of them?
Speaker 3 (08:55):
Yeah, I mean what are they gonna do with the leftovers? Though?
Speaker 4 (08:57):
Like literally, how do you get rid of those? So
to some wholesale at a deep discount? No, who knows, but
quarter proofs?
Speaker 3 (09:09):
It's a lot. Yeah, Oh yeah, you're not wrong, You're
not wrong. I'm just.
Speaker 2 (09:17):
Our good friends at Whitman have passed the torch of
the Cherry Pickers Guide, you know, which it kind of
needed a new new author. So they have announced that
Noel White will now lead, you know, the team at
Cherry Pickers.
Speaker 3 (09:35):
He's a variety gay. Yeah, And I think that.
Speaker 2 (09:38):
We're going to see a new Cherry Pickers a little
bit more often. So the new seventh edition is going
to be published as a single volume instead of split.
Speaker 3 (09:48):
I think that's a good idea.
Speaker 2 (09:50):
That's the change that they're going to make I think
it's Look, it's one of those things where you're going
to make the book way more expensive, but at the
end of the day.
Speaker 3 (09:59):
The people that and are willing to pay for it.
Speaker 2 (10:01):
So it's a good research book, and a good research
book is worth its weight in.
Speaker 3 (10:05):
Gold, right exactly.
Speaker 4 (10:08):
And I think, you know, I almost I'm gonna want
to probably stock some of these in my office for
the people that come in with their their you know,
their mint airs, for us to look at me like, hey, go,
this is the best book out there for this stuff.
Speaker 3 (10:22):
I want you buy this and delete that app on
your phone. Well, every single one of those need to go. Yeah.
Speaker 2 (10:31):
Woodmen has also launched a prestige line of premium albums
from Modern coin Collectors, So they're I think you're trying
to fill the the hollow still remaining for Dance Goes Yeah.
Speaker 4 (10:46):
I mean, what do you think of the look at this?
Like that that red? And was that blue or black?
I can't tell.
Speaker 3 (10:56):
It seems to be a navy or a black.
Speaker 4 (11:01):
But forever we know that, you know, we see Whitman's
as the blue little blue books, right, So it would
make sense if they stuck with some sort.
Speaker 2 (11:09):
Of blue that to me would seem to be what
they what they would do. But this is a break
in tradition. This is also a nicer you know, that's
an upgraded Hey, do you guys want to hear something
great speaking of old Whitman. For all listeners of our show,
I was able to secure you guys an exclusive discount
(11:32):
code for Whitmen. Exclusive discount code for Whitmen. It's just
the coin Show all one word, and you get a
nice discount on the Whitmen's website. So don't tell anybody,
it's a secret. Okay, that only for our listeners. You
guys are the only ones that get this. It's the
coin Show.
Speaker 3 (11:50):
All one word.
Speaker 4 (11:50):
I think you can use it as many times as
you want, So don't anybody, Okay, sorry. So anyway, so
these these new albums, they're they're bigger, they're sturdier, the
new art and they have soil assistant grained leather at
genuine leatherette. Think about how many little leatherettes so you
had to kill. I've never seen a leatherette before.
Speaker 3 (12:13):
Well it's August, you know, Naga Hyde, there are tons.
Speaker 2 (12:17):
Of so so these are start at seventy bucks. Now
my question this is, are they like you know, the
intercept shield, they're more inert I would hope, so for
seventy bucks.
Speaker 3 (12:34):
For seventy bucks, I would truly hope. So.
Speaker 4 (12:37):
But again we get a discount, so they're now seventy
bucks for us. Friends here you can. That's the way
to think about it.
Speaker 3 (12:44):
That's right. I already did this, but we're gonna do
it again, my.
Speaker 4 (12:49):
And Colin.
Speaker 3 (12:49):
Should we do that? You're gonna get a to do it.
Speaker 2 (12:54):
Should have been able to just click into it this time.
Speaker 3 (12:56):
Nope, Well, let me reload, reload. There we go, There
you go.
Speaker 2 (13:02):
So this next story is something that's a little bit
more topical and and I think I could deserve a
little bit of discussion. I want people, excuse me, a
whole lot of things. I want people to put a
comment on this video if they think that Pete Rose
(13:25):
belongs in the Hall of Fame.
Speaker 4 (13:28):
He's getting ready to be on a coin. So I mean,
I would rather be on a coin in the Hall
of Fame. Be quite honest with.
Speaker 2 (13:32):
You, Well, he would have rather been in the Hall
of fame.
Speaker 3 (13:35):
That you ever met Pete Rose, no interesting character. I'm gonna.
Speaker 2 (13:42):
I don't have a tremendously high opinion of the man.
It's like I just never really did. But he's the
all time hits leader. Hits are one of the main
components of the game.
Speaker 3 (13:58):
Hall of Fame.
Speaker 2 (13:59):
Now the question becomes, you know, does a lifetime ban
really mean lifetime?
Speaker 3 (14:04):
Well, guess what, he's dead, so has ended, So the
band should end.
Speaker 2 (14:10):
And there was a big thing the other day where
they declared that you don't have to it was a
lifetime ban. His lifetime has ended. How the band should end?
And my guy, she was Joe Jackson, you know, is
another one of these guys that as.
Speaker 3 (14:24):
He belonged in the Hall of Fame.
Speaker 2 (14:25):
So I think for a million reasons the guy belongs
in the Hall of Fame.
Speaker 5 (14:30):
Well, in lovebo hits a pretty good Well. He did cheat, well,
he cheated. He he bet on his own team. That's
that's the thing that really kills him.
Speaker 3 (14:41):
Yeah, I mean, and he.
Speaker 2 (14:44):
He ended Ray Fossey's career. And then they keeps showing
the highlight over and over again. I've never really understood
that one. Yeah, nineteen seventy All Star Game where he
bowls over the catcher in an All Star Game and
he ended the guy's career for all in tons of purposes.
Speaker 4 (15:02):
Crazy crazy, But he's going to be on a coin.
Do we have pictures of whatever they're deciding on yet?
Speaker 3 (15:08):
No, I don't believe so no.
Speaker 2 (15:11):
No, they're just saying that the contemplating putting him on
a coin. So I think this is more just you know,
kind of floating a trial balloon out there. I don't
think that he's going to be on one. Oh okay,
I thought this was like an official release. It was
just and how he's making the case amount of coin,
and I'm like, well, I think you should put him
(15:32):
in the Hall of Fame first.
Speaker 3 (15:34):
Well yeah, it's.
Speaker 2 (15:36):
Like comment in in the comments whether or not you
think he should be in the Hall of Fame.
Speaker 3 (15:41):
Yeah, okay, all.
Speaker 4 (15:43):
Right, oh my god. Again, let's see if I just reloaded. Yep, okay.
Speaker 2 (15:51):
So this one, I think is a really interesting piece.
So Ron DeSantis, the Florida governor, assigned a law allow
the use of gold and silver as lawful payment. And
I really sincerely wonder how this is going to play
out because of the power of the federal government to
(16:13):
coin money, right, I mean, that's article one. So Florida
can't mint their own coins.
Speaker 3 (16:22):
Can they change.
Speaker 2 (16:24):
You know, what they accept as value as long as
they continue to accept legal tender.
Speaker 4 (16:29):
Well, kind I think they found the kindest sort of
way around it. Is those gold backs that they're making,
you know, they're they're not coins, they're bills. So if
they're not minting their own coins, they're making these gold
back things that have gold in them, have different amounts
of gold in them, and that I I don't know.
(16:50):
I don't know, friend, I don't know.
Speaker 2 (16:52):
Well, to be honest with you, it's like my thing
is is it's like, are you really going to try
and barter with with something that floats as much as
gold and silver does? I mean, I just think this
is more of a more of a political thing where
it's like, you know, real money, that kind of stuff,
(17:13):
and it's like, that's not that's not how our money works.
Speaker 3 (17:18):
It just hasn't been for a long time. It's not.
Speaker 4 (17:20):
But we're in such a weird time right now where
everybody's trying to reinvent every single thing out there that's
worked for hundreds of years, and I mean, you know,
just other in a long.
Speaker 3 (17:32):
List of people trying to reinvent things that work just fine.
Speaker 2 (17:37):
The jack lead nineteen hundred Morgan dollar in MS sixty
eight is going up for sale.
Speaker 3 (17:44):
It's a nice goin.
Speaker 2 (17:46):
This is the only MS sixty eight organ dollar. Now
that's not that's what it says. Maybe the only nineteen hundred.
But I've owned an MS eight, I owned the nineteen.
I owned the MS sixty eight plus says it ranked
among a select few nineteen hundred dollars graded MS sixty
seven by PCGS. Subsequent years of grading service reassessed coins
(18:07):
quality does may only M S sixty eight across all grading.
Speaker 4 (18:11):
Services sixty eight of nineteen hundred. Yeah, it's got to
be for nineteen hundred.
Speaker 3 (18:16):
Yeah, yeah, because I found an eighty s and sixty
eight plus.
Speaker 2 (18:21):
I thought there was a sixty nine. I thought there
was one.
Speaker 3 (18:24):
There are there's more than one. Yeah, they're out there.
Speaker 2 (18:28):
Okay, accuracy counts, but nearly coin. I mean, if you
want to know a sixty eight out of Morgan dollar,
this should give you an idea.
Speaker 4 (18:37):
Yeah, that coin into tomorrow. Let's see if we can
get pulled up here at auction here it was seventy
seven grand. It's still the eighth. It seventy seven five hundred. Okay, good,
a lot going on though a little bit quite a
(18:58):
bit going on the cheek there. But I mean I
can see why it would be a seven or eight.
And the strike is kind of how to above the
ear not necessary, means that.
Speaker 2 (19:09):
It doesn't really need to have an eight.
Speaker 4 (19:13):
Well else, I mean I look at this this right here,
and I see right across the leaves here there's contact
and friction right across here. There's some strike issue going
on above the ear. And then you do have a
few marks in the face, including a couple halfway decent
size marks, and then right here in the neck there's
some pretty decent marks too. I mean from from this
(19:36):
distance it's a monster. But right but at like five
x it's kind of like, oh okay, so yeah, hard
to say. Let's look at their tree views. They have
some good pictures. Maybe this will give us a little
better idea.
Speaker 3 (19:51):
Yeah, I mean, yeah, I still see all that stuff.
Speaker 2 (19:57):
Well, I mean, which on the neck, the stuff on.
Speaker 4 (20:01):
There's a strike through in the wing.
Speaker 3 (20:04):
That's that's has made.
Speaker 2 (20:06):
Yeah, that's Maddy, this is stuff going on on the neck.
Speaker 3 (20:12):
Yeah, No, I don't know. It might be.
Speaker 4 (20:19):
There's definitely a couple of hits on the cheek and
then the leaves again. And I don't know if that's
strike or not. I don't think so.
Speaker 2 (20:27):
Yeah, it's like it's really flat far.
Speaker 3 (20:31):
Yeah, that's usually a strike issue because that's the deepest point,
right so, but also.
Speaker 2 (20:38):
It would have to be just absolutely hammer, that's I think.
Speaker 3 (20:41):
Yeah.
Speaker 4 (20:42):
And it looks like it's a super luster bomb too,
which is probably probably helps so handed some monster. Yeah,
and In even said has a good point, says pedigree
bump very well, could be very very well. Could be
that that happens, they'll say. If not, the any companies
will say it's not but one the thing, Yes, don't
(21:03):
let them tell you different, right, next curtain, Yeah, next up,
So do you remember to reach this challenge?
Speaker 3 (21:11):
Of course?
Speaker 2 (21:12):
Okay, so we've done it a couple of times. I
think if somebody were diligent and went back and listen
and looked at our old podcasts, I think, Matt, you
the last one took like it was like, uh, like
it was.
Speaker 3 (21:27):
Some it was just straight silver Eagles.
Speaker 4 (21:30):
No, no, I don't no. I thought mine was a
nineteen sixteen quarter. I thought that was it.
Speaker 2 (21:36):
Okay, I don't know, but anyway, so so yeah, so
you know, how would you invest ten thousand.
Speaker 3 (21:42):
Dollars right now?
Speaker 2 (21:44):
Well, why not this what's in front of us?
Speaker 3 (21:48):
Probably the same way I did before.
Speaker 4 (21:49):
I would I would find some some key dake coin
that's in that ballpark, and I would buy one single
coin and that would be what it would, you know,
what I would go after, like a top pop something
that that you know, you know. And and I'm sure
Jeff probably makes a good point here talking about how
(22:12):
you know the gold because I was talking about somebody
about this the.
Speaker 3 (22:16):
Other day, and it makes sense because if you.
Speaker 4 (22:18):
Think about it, if you look at say, Saint Godin's
double Eagles and MS sixty four, right, so they've been
three thousand dollars forever, for years and years and years.
And what happened was they were up here at three
thousand dollars when gold was at two thousand, one hundred,
was it twenty two hundred, was it twenty five hundred?
Speaker 3 (22:40):
Now its three Guess what? Well, now they're.
Speaker 4 (22:44):
Still that same price pretty much and now and now
they're just kind of tragging and dragging along behind spot.
So it's not a terrible idea to buy if you
think that eventually gold's gonna come down somewhere as close
as you can get the spot buying those coins, because
if gold does use you know, peek out come back down, well,
then guess what, they're three thousand dollars again and gold
way back down here again.
Speaker 2 (23:04):
So I'm sorry, I was gonna say, I think that's
a brilliant idea, is to find something that's inflated because
of the inflated price of gold and just wait for
the premium to come back to it.
Speaker 3 (23:18):
Yeah.
Speaker 4 (23:18):
I mean that that's the way to protect against a
downturn in the price of gold, because right now their
value is that of bullion, whereas before their value of
a collector coin. So you know, it may they may revalue.
They might come you know, go go back down to
(23:38):
twenty five hundred and they end up staying at thirty
two hundred dollars or you know, something like that. So
it's one of those things that it's entirely possible. That's
not the terrible place to look. But I have sent
several saints like I sent this week alone. I sent
off two saints in sixty two and sixty one Satan
sixty two and one Satan sixty three off as just
(24:01):
gold because that's all they are, that's all I can
get for them.
Speaker 2 (24:05):
Well, the worst part about it is is that they're flat.
It doesn't matter if it's a fifty eight to sixty
to sixty two, the sixty.
Speaker 3 (24:12):
Four, they all sell for the same price right now. Yeah,
that's right.
Speaker 4 (24:16):
So buy the best coins you can get right now,
as close to goal as possible, and then if gold
does go down, then you're gonna be okay, you're gonna
be better off than you were if you just had
to straight billion. Yes, that's my thought. If you want
to go to the bullion route, that's the way you go.
Speaker 3 (24:28):
Again.
Speaker 4 (24:29):
I would just go the single collector coin straight up,
one coin as close to ten grame.
Speaker 3 (24:34):
As I can get. That would be it.
Speaker 2 (24:36):
I've always said a concert just a bad investment. So
you know, a lot level more things that you can
do that I think you can win on. But I
think your idea or was that Jeff's idea, Well, I
don't know, I just I don't.
Speaker 4 (24:52):
I didn't read the article, but I saw that he
was talking about Saint Stott or twenty lives down here,
and I kind of that's what spurred that conversation.
Speaker 3 (24:59):
Back to me today that we had this week.
Speaker 4 (25:03):
The other thing, you know, it's hard to say because
this level that you get to at ten thousand dollars
is kind of the level where coins can become an
investment and you'll do Okay, that's my point is you
can look at a two thousand dollars coin and in
ten years it's probably still going to be a two
thousand hours coin. But these ten thousand dollars coins are
(25:24):
the ones that are kind of you know, they trade.
It just takes a couple of good auctions, and that's
a fifteen thousand dollar coin.
Speaker 3 (25:30):
So that's the way you kind of look at those to.
Speaker 4 (25:36):
Yeah, well, I hate this conversation because I've had it
many times and it's always one of those that, yes,
it can be done, but you have to do it
the right way.
Speaker 2 (25:50):
Yeah, there's a lot of pitfalls moving on. So PNG
has set the Dealer Day for November Baltimore show.
Speaker 4 (25:58):
You want to hear something, Yeah, I am now a
PNG member. Oh my yeah, full fledged member.
Speaker 3 (26:07):
Of the PNG. I joined on his on his standover there, Catal.
Speaker 4 (26:11):
States, Well, I actually know I went over, So you
have to get references to join the PNG as part
of the applications.
Speaker 3 (26:21):
Kind of yeah.
Speaker 4 (26:21):
So so my sponsors were John Figenbaum, Jeff Garrett, and
Ron Jawinski from c AC. So it was like, well, no,
I don't know, but that those are the guys that
I knew that were in it. And I know, but
I went to Jeff and I said, hey, Jeff, do
you mind, you know, sponsor me for this? And he goes,
you know, you're gonna have to wear a suit and
tie and I said, okay.
Speaker 3 (26:40):
Never mind. He would have did it anyways. But I said, yeah, I.
Speaker 4 (26:48):
Think they're I think they're reaching the level that they're
going to start embracing some of these younger guys that
don't want to wear a super till day.
Speaker 2 (26:56):
So and maybe it'd be nice once in a while
if they dress up.
Speaker 4 (27:02):
Just yeah, I mean, I've dressed up for events, but
I'm not wearing a suit on it calling the floor
of a coinchow.
Speaker 3 (27:06):
I'm sorry, friends, No, I can't get too much of
this still can So we digress?
Speaker 2 (27:11):
Because are we or are we not going to be
at the November Baltimore show.
Speaker 4 (27:17):
As far as I know, they haven't signed anything yet,
but as far as I know, yesterday want us in
November for Baltimore, So.
Speaker 2 (27:24):
The plans are that we're going to be there. It's
one of my favorite shows to do. Baltimore, Central States
and the World's Fair Money, I think is like the
triple Crown for me, right, So yep.
Speaker 4 (27:36):
Yeah, this one's in November. I think it's at the
beginning of November.
Speaker 2 (27:38):
Let me look here, this one is going to be
November six yeah.
Speaker 3 (27:42):
Yeah.
Speaker 4 (27:44):
Well, and the funny thing about the PNG and why
I joined, part of it was for these dealer days.
Because PNG dealer Day for non members is like three
hundred and fifty bucks to go to your table early. Well,
the PNG membership was like six hundred bucks for the year,
So there's half of it right there because we'll be
there and I can get to my table a whole
day early. So yeah, there we go. That's all.
Speaker 2 (28:09):
So Jack, Yeah, dark Side Jack has has brought us
a really interesting sixteen D counterfeit in a counterfeit PCGS slab.
You well, at least I'm happier to see it's in
a counterfeit slab.
Speaker 3 (28:24):
You know, it's not the slab itself is not good knowledge.
Speaker 2 (28:31):
There's nothing right on it. It's missing the pcgs on
the bottom right corner. Yeah, it's the font is wrong.
Speaker 3 (28:40):
No, it's got the pcgs on the bottomight corners. Yeah
they might be. It might not be correct. They might
not have got the chase of it.
Speaker 2 (28:47):
Yeah, it doesn't look right. And the font is wrong, yes,
very much is. And that's before you even get to
the coin. Yeah, fifty sixteen D God, how much does
that go for?
Speaker 3 (29:03):
There? Quite a bit, but ten thousand or so.
Speaker 2 (29:06):
Yeah, that's a five figure coin. That's a big number.
Speaker 3 (29:11):
Yeah, that's nuts. It.
Speaker 4 (29:13):
It's just getting worse and worse with this stuff.
Speaker 3 (29:15):
I like. I like how Jack breaks.
Speaker 4 (29:17):
Down the bar code where he actually scans the bar
code and reads what it is.
Speaker 3 (29:21):
Now, it's not.
Speaker 4 (29:22):
Correct, he says, this one actually scans to an eighteen
ninety three S dollars in exces forty five.
Speaker 3 (29:30):
OK, be your first clue.
Speaker 2 (29:32):
Yeah, so uh has done a real sixteen D right,
And this.
Speaker 4 (29:40):
Is my point of part actually is down here where
he reports it to eBay. Yes, and it says we
did not find the violation of your policy. Why not
the Queen's counterfeit.
Speaker 3 (29:52):
See.
Speaker 4 (29:52):
The thing is eBay doesn't care anymore. That most people
don't understand that eBay could care less right now, as
long as they're selling stuff, they don't care if it's fake.
Speaker 2 (30:00):
At this point, they finally just thrown the switch and
let the flood gates open.
Speaker 3 (30:05):
They don't anymore.
Speaker 4 (30:08):
They just kind of went, they did, they pulled, they
pulled one of these. They just went eh, and and
now that's where we're at.
Speaker 2 (30:15):
So we used to call the OLA defense.
Speaker 4 (30:18):
Yeah, pretty much is unfortunate, but that's where we stand
with with the ENNGC at the moment.
Speaker 3 (30:25):
So yeah, all right, get ready for another get ready
for another red. And finally in the news, uh queen.
Speaker 2 (30:35):
Our numismatic news one that is reporting that, uh, this
is like the story of the decade plaint collecting is changing.
Speaker 3 (30:44):
Yeah, yes, I think it is.
Speaker 6 (30:47):
Yeah, no, no, no, it's like they're they're just talking about
some of the different things that are coming out and yeah,
maybe this is a click bait article, but it's it's
talking about stuff like you know, the the uh, the
innovation dollars, you know, and how the BP is constantly
(31:08):
trying to do more physical cash and more stuff and
more interesting things and they're just constantly bringing out stuff
for you.
Speaker 4 (31:20):
Yeah, I mean this is this looks kind of.
Speaker 2 (31:23):
Like they're doing a DC coin this yere right, they're
doing Batman.
Speaker 4 (31:28):
No, you're the the the content of our coinage is
for sale. At this point, it sounds like, you know,
to to the highest bid or the content and the
design of our coinage seems to be for sale. You
have laser beam prives coming. We got freaking DC coins coming.
I mean, welcome to yet No, no, not that I
(31:50):
know of, but welcome to your coins becoming a giant
billboard here we are. Yeah, that's why I hate modern coins,
always have, always will.
Speaker 3 (31:59):
I'm starting eight modern coins.
Speaker 2 (32:01):
Although you know what I can say, Well, you know
I clicked twentieth century coins.
Speaker 3 (32:05):
True. Yeah, that's a good point.
Speaker 2 (32:09):
Yes, And that was the news, and the news was
brought to us tonight by thunderstorms. We will change your world,
but only for a little while. We're thunderstorms.
Speaker 1 (32:21):
You're listening to the coin Show podcast with Matt Dinger
and Mike Noteleman.
Speaker 2 (32:31):
So here, I've got something that I wanted to talk
to you about.
Speaker 3 (32:34):
And it was at the last link in the news.
So will the.
Speaker 2 (32:38):
US men felt down older Lincoln sense this becomes a
real question. And right now currently it is not legal,
so we can stop with that. But let's say that
because you know, the penny is if they if they
actually stopped the denomination, you know, will they allow the
(33:00):
melting of it? And even if they don't, will they
go someplace else across the world.
Speaker 4 (33:05):
If they stop minting them, then that means that there's
no longer use for them, and that means that we
will no longer be using them if there's not a
use for them anymore. So yes, I think that they
probably will say if they do indeed act the penny forever,
they will come along and say, okay, you can melt
them out. That's what's going to happen, Nichols. No, because
we're still using those. That's going to be our new penny.
Speaker 2 (33:27):
But yeah, we're making them at a loss, so that's perfect,
that's right in line.
Speaker 3 (33:32):
Yeah, right, So.
Speaker 2 (33:34):
Yeah, it's it's just what I think what's going to
happen to us. They're going to change composition on the nickel.
Probably I'll end up making it out of either stainless
steel or some kind of of vanadium or some you know,
but what vanadium or you know, just something.
Speaker 4 (33:53):
Probably making a plastic once I know, and I think
they're going to do it again. So how would they
be able to segregate the Preaty two is you can
actually do it by weight.
Speaker 3 (34:09):
What you do is.
Speaker 2 (34:10):
You take a pre nineteen eighty eighty one or older
cent put it on this end of a popsicle stick.
Speaker 3 (34:18):
Not real method. I don't think it's gonna sit there
with their popsicle sticks. So they'll be a way tongue
de Prosser.
Speaker 4 (34:26):
And it may actually use electrical conductivity that's probably different
on the coins as well, so they'll be And the
thing is, you say the US Mint melting them, it
won't be the US Mint, It'll be the public.
Speaker 3 (34:38):
It'll be it'll be people.
Speaker 4 (34:40):
Out here that are doing the melting, because yeah, the mint,
it'll be you know, the government, the Fed might might
melt whatever they have around, but it's not like they're
going to start snagging them, you know, because nobody gonna
turnme in.
Speaker 2 (34:55):
I think something else that's really important to understand it.
I think this is kind of the that's going on
in this country is you know, what powers do what places.
The US Mint is not a thing that owns money,
it's it's a manufacturing plant, that's all it is. So no,
they're not going to hang on to it, they're not going.
Speaker 3 (35:14):
To recall it.
Speaker 2 (35:16):
It's you, the American public that owns coinage, so you're
going to be the ones that end up, you.
Speaker 4 (35:21):
Know, right, And Eric, Eric makes a great point. What
is illegal is to melt it for a profit. The
way the way the law works is a dollar bill,
one hundred dollar bill, a half dollar, a penny is yours.
When you have it in your possession, it is yours,
and you can do whatever you want with it as
long as it's not one of two things, as long
(35:41):
as you don't try to turn it into something that's
not i e. Bleaching a one dollar bill, printing one
hundred dollars on it and trying to spend it as
one hundred hours.
Speaker 3 (35:49):
Can't do that, and then you cannot destroy it.
Speaker 4 (35:51):
For profit, which is what we're talking about here, where
it's melting it down and you know, tragging it into
copper or zinc or whatever it is that you're going
to melt down into and then knowing that direction. So
that's what makes it illegal. Other than that, if you
want to chuck your pennies and a bonfire. Your go
for it. They're yours. You can do whatever you want
(36:11):
with them. You want to carve them, you want to
draw holes in them, you want to make rings out
of them.
Speaker 3 (36:14):
That's all legal.
Speaker 2 (36:16):
So so h m love most says, well, all Congress says,
do is pass legislation, Do allow the melting of coins.
They have to pass legislation. Do allow the melting of
sense because melting silver coinage is already.
Speaker 3 (36:30):
Legal, yes, because those are not circulating anymore.
Speaker 4 (36:34):
The coinage of silver no longer circulates, so that stuff,
that's why there's a legal.
Speaker 3 (36:38):
Melt, destroying a useful item in their in their minds.
Speaker 4 (36:43):
And the other problem you would run in. The other
problem you would run into with that one was overnight,
both sense and nickels would disappear. There would not be
enough to go around, and we're just going to use
a nickel, So you can't just do a blanket melting
of all coinage.
Speaker 3 (36:59):
You'll find around on the ground after this.
Speaker 4 (37:02):
Yeah, So that's my point is, you know, a nickel's
got seven cents worth of nickel in it. Uh, you know,
look at those percentages, buddy, that's a pretty great return.
If you go out and buy all the nickels you
can find in a nickel piece and melt them.
Speaker 3 (37:13):
Yeah, they are three quarters copper. People just don't realize that. Yeah.
So so.
Speaker 2 (37:22):
Yeah, I think that Canada is always going to be
our bell Weather. I think that what they've done, you know,
in eliminating it, and I don't think they really care
what people do with sense anymore up there.
Speaker 4 (37:34):
Yeah, yeah, they don't. And you can melt them now,
I'm sure, I'm sure of it up there. Yeah, so
that's what happened here.
Speaker 2 (37:42):
Is interesting because you know, we had a news crew
at our in our shop asking about.
Speaker 3 (37:46):
Well, you know, they're going to stop me.
Speaker 2 (37:48):
Look, the one thing that I know for sure is
they're going to make sense next year. They're gonna make
them for the semi quin centennial. They're not going to
stop the for that.
Speaker 3 (38:01):
We'll see after maybe maybe they could make who knows,
they could only make them for collectors. Next year. They won't.
They may not make them to circulate, but they'll them.
But they will still make them.
Speaker 4 (38:14):
And that may be how they get around this needing
Congress to pass the legislation. Just like Kennedy half dollars,
they don't really make that many of those for circulation
anymore because still nobody uses them. So they do make
them for the debts, they do make them for roles.
They put some out for circulation, but not very many year.
Last year they actually issued them for circulation. Again, I'm saying,
(38:34):
every few years they find they actually decided like okay, yeah.
Speaker 2 (38:38):
It took from nineteen ninety six to twenty twenty three
for them to make them for their cats.
Speaker 4 (38:42):
My point, and that's probably what will happen with pennies,
is if they will continue to put them in the
mint tests, continue to put them in the prose sets.
Speaker 3 (38:50):
You can buy them from the mint in.
Speaker 4 (38:51):
Rolls maybe or fun little bags, but other than that,
they're not going to be in circulation. And that's how
they get around that, the government having to approve not
making them because they're still making them technically technically they're
making them, but yeah, that's how they got around it.
Speaker 3 (39:10):
So there you go. That's my thoughts.
Speaker 2 (39:11):
With your yeah, leave them in the comments below, I'd
like to hear what you think about about the set
and should you be able to melt them? Will they
be meltable once they're they're I don't want to see demonetized.
But once it's no longer a valid denomination.
Speaker 4 (39:31):
Yeah, yeah, I mean that that is true. All right,
to fill his petty room. Okay, it's it's become that time,
my friend.
Speaker 3 (39:42):
Is because that time you lose.
Speaker 2 (39:44):
Well, look, I will put my track record up against
you have.
Speaker 3 (39:51):
But tonight you kind of you kind of.
Speaker 2 (39:53):
Pop the bear last year because you really we have it.
Speaker 3 (39:57):
We tied.
Speaker 2 (39:59):
I'm like, okay, I am going.
Speaker 3 (40:00):
To bring it.
Speaker 2 (40:01):
I am going to bring it every week and or
every show, and this show I have brought it again.
Speaker 4 (40:07):
Yep, and we're going to see what happens. So you
want me to go for yep, you're going first. Here
we go.
Speaker 2 (40:13):
So what we have here is a national currency note.
This is uh second I need to find uh, I
need to find No, there was a there's a picture
that I had of it that had that had the
FR number and stuff like that.
Speaker 3 (40:33):
It's just always helpful. Anyways, this is what's called.
Speaker 2 (40:37):
This is a national note. This is what is called
a charter back. So these were issued in the eighteen eighties.
Speaker 3 (40:45):
Uh.
Speaker 2 (40:45):
They were issued by the individual banks. This one has
been issued by the National Bank of Commerce of Saint
Louis in Saint Louis, Missouri. They it's a ten dollar
note and their charter number is four on seven eight,
So if you look at the reverse you will see
the number four one seven eight in blazon.
Speaker 4 (41:07):
You know what else they call these? I bet you
can't guess brown backs? Brown backs?
Speaker 3 (41:11):
Yeah, yeah, bring some brown backs. You know.
Speaker 4 (41:15):
I always thought that this particular design, especially these are
actually really cool because they have the state seal of
every state that made these on the back of the note,
and I they are actually different. I know a guy
that collects variations on these state seals. Uh, so it's
it's very interesting.
Speaker 3 (41:34):
But ye not that.
Speaker 4 (41:36):
Yeah, every single one has the state seal on the
back of the note.
Speaker 3 (41:39):
So cool. Yeah, yeah, these are fun. Now, this is
a really nice note.
Speaker 2 (41:45):
This came into the shop it is in I would
call it like a like a high end VF low
end x F. If you notice the thing at the
very top of the right head corner, uh of this
signature the signature.
Speaker 3 (42:02):
It's the spinner signature.
Speaker 2 (42:03):
And this guy just always liked to drag it down.
So that's from the note above it on the sheet.
Speaker 4 (42:09):
Yeah, these came in sheets of four. I believe it
was well, depending on the nomination, it was.
Speaker 3 (42:16):
Fifty.
Speaker 4 (42:17):
I think on these it was three tens in a
twenty okay, and then on the other one it was
whatever whatever the other.
Speaker 3 (42:25):
Yeah, I'm not sure.
Speaker 4 (42:27):
They probably issued twos or sometimes they only issued five
tens and twenties a lot of times, so that's.
Speaker 2 (42:35):
By the bank itself. So this one, it came across
our desk. We bought it and we promptly sold it
because it is an absolutely gorgeous note. This note sold,
I'm not mistaken. I think I think I sold this
(42:58):
with somewhere in neighborhood of fourth h I.
Speaker 3 (43:01):
Mean, yeah, probably. It's a nice second.
Speaker 2 (43:04):
Note between four and five thousand.
Speaker 4 (43:07):
It's a cool note. But you know what's cooler what
I brought, sorry to say, we'll see.
Speaker 3 (43:12):
Yeah, you guys know me.
Speaker 4 (43:14):
You guys know that I like the strange, the unusual,
and the absolutely freaking awesome. Well that is what I
bought this week. Let me show you, guys a picture
of what I bought. Doesn't look like much, but read
it four nineteen twenty eight. Yep, but read what's in between.
Speaker 3 (43:35):
May jan So, this, my.
Speaker 4 (43:39):
Friends, is an original US mint cloth bag that at
one point in its lifetime contained five thousand dollars face value.
In nineteen twenty eight, Saint Gaudon's Double Eagles.
Speaker 2 (43:51):
Had two hundred and fifty twenty dollars gold.
Speaker 3 (43:54):
Piece in it.
Speaker 4 (43:55):
Yep, yep, this is an original bag for Double Eagles.
I've owned Morgans, I'm on Carson City bags. This is
probably the coolest one yet.
Speaker 3 (44:05):
So I have to say this is really cool.
Speaker 2 (44:07):
I mean, this is this is an awesome bag.
Speaker 3 (44:10):
Yeah, and you know what I'm gonna do with it.
Speaker 4 (44:11):
I have a great plan I'm going to I'm gonna
get it framed, I'm gonna have the bag and then
at the bottom, i'm gonna get a nineteen twenty eight
Saint like sixty five and had it sat in there
with it, and then we're gonna hang it on the
wall of the office.
Speaker 2 (44:22):
See there's a lot to call from this though. If
you look at the bag, now you know how they
knew looking at the bags what was in them. Yeah,
because it's marked on the nineteen twenty eight Philadelphia Double Eagles.
Speaker 4 (44:35):
And you can also see how really easy it would
be for Quinn to get a bag mark because literally
that was what they were issued to the banks, and
they put a little string on the top with the
lead seal and they were like here you go, and
they just you know, that's where all this stuff comes from.
Speaker 3 (44:49):
So uh yeah, we were double eagles. Man, I think
it ways like that is quite a bit. It would
weigh a lot. Yeah, yeah, so.
Speaker 4 (44:57):
That that is what I bought. That is what my
this thing was. I hate to say, but I think
it's it's pretty during cool. I'm pretty excited to get it.
Speaker 3 (45:06):
I'll put it in front.
Speaker 2 (45:07):
So you could not have bought this bag with my note.
Speaker 4 (45:14):
No, no, couldn't half well no, but I mean think
about that. That was five thousand dollars face value in
nineteen twenty eight. What's the exchange, what's the what's the
adjusted with inflation rate on that?
Speaker 3 (45:26):
Let me find out. I mean five thousand.
Speaker 2 (45:28):
It was pegged at twenty dollars now at twenty bucks
an ounce, and it's currently thirty three hundred dollars now.
So we're two hundreds of the album. It's roughly two
hundred and forty eight ounces.
Speaker 3 (45:39):
So hold on, give me a second here.
Speaker 4 (45:41):
I just want to see what what adjusted for inflation,
the actual face value is today, So it says adjusted
for inflation, five thousand dollars is worth roughly ninety three
thousand dollars today.
Speaker 3 (45:51):
I think I much rather have the gold. Yeah, because
what's the gold worth?
Speaker 4 (45:56):
Because you figure that's two hundred and fifty coins times
thirty three three, say eight hundred and twenty that's a
cool eight hundred and twenty five thousand dollars.
Speaker 3 (46:05):
Ah, yes, so.
Speaker 4 (46:09):
Throwaway, yep, Okay, we're gonna put the vote up here
before two months longer on Friends of the Coin Show.
If you guys are not on Friends of the Coin Show,
what's wrong with you? You'll be out of Facebook search
Friends of the Coin Show. It's our exclusive group. You
see every single thing we post and every single thing
everybody else posts. It's a great community. Uh, you will
(46:30):
really enjoy it. There's a lot of very helpful people there.
It's good. It's good fun. It's good, clean, fun, family friendly.
Come on, hang out with us and you can vote
on who wins the coolest thing.
Speaker 2 (46:41):
And every once in a while you'll get into a
discussion that you know may not be seen any place.
Speaker 3 (46:47):
Elves. That's true.
Speaker 4 (46:49):
There's a lot of good information because you know, we
do actively monitor it. There's not anybody. If somebody comes
in there and starts spouting off bad information like it's
the gospel, it gets deleted real quick. Stuff doesn't fly
on our group, you know. Well I've seen a lot
of other Facebook groups and queen groups and Queen rerated especially,
but you know, it's Uh, it's definitely a place to
(47:12):
come and learn and have a good time if you're.
Speaker 2 (47:13):
Not there, and share your knowledge and share your enthusiasm
and your love. Of course, so we we would like
to thank all the people who contribute to the show.
Speaker 3 (47:25):
Uh.
Speaker 2 (47:25):
There's Corey, there is their nest out. There is Barry
and Justin and uh and uh Russ and missing somebody.
I know I'm missing somebody, well you and me, and
but most of all, thank you for listening. Uh. If
(47:47):
you like this and you like our show, please give
us a like, give us the thumbs up. That's the
only time I'll ask you. And uh, it really does
help to show up, make a comment, share it with
your friend, uh, talk to him about it, and share
this show and some of the stuff that we do.
Speaker 3 (48:05):
We have a really cool interview with.
Speaker 2 (48:07):
Randy Titan, who was the model for the second juiat
Coin and it was it was a hangout that we did,
so she wanted to come on and she wanted to
spend an entire hour.
Speaker 3 (48:17):
So if you haven't watched it, you should. It was great.
Speaker 2 (48:19):
It was really fun. She was a real sweetheart and
she's just a pistol, so she was.
Speaker 3 (48:24):
She was a lot of fun. Man. I'd love to
have her on again. I'm sure we will.
Speaker 2 (48:28):
So thank you everybody who listened, and thank you everybody
helped put us together.
Speaker 3 (48:32):
Without you, we wouldn't be doing this.
Speaker 2 (48:35):
Follow us on let's see facebook now, on Instagram and YouTube.
Speaker 3 (48:41):
And as all talks. Oh yeah, we're ticking the talks,
that's right, yeah now still tick yeah.
Speaker 2 (48:51):
So for the Coach Show, I'm Mike and I'm mad
and we haven't ended this in a long time like that.
But we'll talk to you next time. On episode two
forty seven of the Coach Podcast.
Speaker 1 (49:03):
You've been listening to the Coinshow podcast with Matt Dinger
and Mike Noteleman. The boys will be back soon with
another informative and entertaining episode. Meanwhile, you can follow the
show on social media at the coin Show on Twitter
and Instagram, and on Facebook at Facebook dot com slash
the coin Show. You can also join their private group.
(49:25):
Just search Facebook groups for Friends of the coin Show
and request access. But if you want to take it
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can go to www dot Patreon dot com slash the
coin Show. If you subscribe at the five dollars a
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coin Show podcasts on the off weeks, as well as
(49:47):
other surprises reserved for our patrons. Visit our website at
coinshow radio dot com or download our podcasts on Apple Podcasts, iHeartRadio, Spotify,
or wherever you download your podcasts. This has been the
coin Show podcast
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