How Does an Artist Look at a Coin???

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How does an artist look at a coin? What does an artist see in a coin? Depends upon the artist, the coin and the circumstances, but what I’ll share with you is my own experience as both an artist and a coin expert. Each coin is unique, has its own story to tell, measured by its own experiential journey through the Wheel of Circulation. I will often select a coin only by its unusual, sometimes even bizarre, appearance. Am I wrong in viewing coinage as art objects? I don’t think so. We wouldn’t dream of scraping down the greenish bronzes that come down to us from ancient Greece, yet the ancients saw the statues painted, not raw and eaten up by rust, as we customarily like to see them.

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So Where’s The Profit in Lincoln Memorials???

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So, where’s the profit in Lincoln Memorial cent collections? I thought you’d never ask. (Smiles Knowingly) Why, in the following goodies extracted (cherry-picked) from the mass of coins called a “bank box”. Here’s the list of high-ticket items you can expect to pull quite regularly from a bank box draw:

1960 small date…but wait; we did all this before, didn’t we??? Well, I’ll give you the Million Dollar Hint: the big money is all in the rainbows. My extreme rainbows can sell for upwards of $350. Ordinary ones can sell at around $10. Most of mine fall somewhere around the $80 level, at around four spectacular finds, and dozens of lesser stunningness rainbow coins throughout the search session. On my way to breakfast…

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Don’t Make Me Think!!!

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Don’t Make Me Think!!! The battle-cry of the Great Unwashed. They’ll pay absolutely any price to avoid making decisions, finding out about things, going places off their cattle-path life-tracks and in general, doing anything with that brain Great Nature gave them as a sort of practical joke on a gigantic scale. What you’re doing with coin collections is merely sorting the coins, grading the coins and organizing the coins, all at once, meanwhile cherry-picking the hot high-end items out of the general bash. Give the GP (general public) a bag with only the needed coins in it, and they’ll still have the bag, untouched, in a closet somewhere, at the end of their lives. Why? Because it’s not what they do. They don’t HAVE to learn coin stuff in order to collect it. All they have to do is look for the word “Collectible” or, if they happen to live in England or on eBay, it’s “Collectable”. Where’s the payoff for the in-circulation coin dealer? Why, in the marketing, dummy. Where else? Certainly not in the coin!

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It Can’t Be About The Money

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It can’t be about the money. This is real important. When you create a Lincoln Memorial Complete Collection, you have dipped into the world of in-circulation coins, and thus experienced the closest to “unsearched” coins you’ll ever find. If, along with that incredible and revitalizing experience, you include the 7 Attentions Exercise and Time Footprint Technology, you will have a mind-blowing timeless time, and if you do it every day, you’ll discover that it emphatically is NOT about the money. But a few extra bucks to cover expenses wouldn’t hurt…??? Want much more serious money? It’ll cost more to make more…but you knew that. For bigger bucks, sell Liberty Busts (Braided & Coronet) this week, at the XF-40 level. Want to search coins for free, stick with Lincoln Mems.

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Bought Coins Are Not Found Coins

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Self-Found means exactly what it says: these coins were found by a collector during a hand coin search. It doesn’t mean you bought them by the dozens from a wholesaler and put them on the sales table with a price-tag. You can produce a Self-Found Lincoln Memorial Full Set in a special album called a “folder”. It does not include the 1960 and 1960d small dates, nor does it include the 1970s small date. That means that you can offer it as a premium, a “value added” to other merchandise, to sweeten the deal. The cost? Time and a few bucks, maybe a total of $5 for the whole set, if self-found. Retail value? If it’s all GEM BU, maybe $9 bucks. $4 profit if you don’t have to take it anywhere or ship it anywhere to sell it. Wow, huh? But there’s a good side to this; it just took me a few minutes, knowing what I was looking for, to figure out a fair retail price for the short set in a paper folder. Most folks would never be able to do this. Paper folder=$2 cost, pennies=$1.40 or so. At a total of $3.50, this is a low-risk item, and makes a great premium to assist the sale of a higher-priced item. Call it a “legacy” item and you’ll make the sale. Don’t sell the coin collection on the basis of value, but of history and legacy — actually, don’t sell the coins at all; give them away with every major purchase, and you’ll see those customers back for more, especially around Christmas and Graduation time!!! Put the same collection in a Dansco album along with the Key coins and you have a $450 retail. I use the folders for inferior coins, and give them away freely.

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OCD Heaven

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OCD Heaven, that’s what it is. Obsessive Compulsive Disorder strikes dozens of people a day, and they’re all living inside you. 7 Attentions Coin Sorting, that’s what you want to get hold of and apply to your OCD habits, and it starts with Rule #1 for Lincoln Memorials:

There is no reason to collect any less-than-perfect Lincoln Memorial coin.

Now, granted, that doesn’t include the special cases and all them there fancy mint errors, but it does clear up a lot of unwanted informational clutter and get us down to brass tacks, where the money is. Unless there’s a compelling reason to do so — such as a wild rainbow coloration, or an unusual mint-mark, rpm or other similar manifestation of The Goddess Numisma, just don’t take a bad coin — meaning a coin that is less than your target grade for LincMems, which is???? That’s right! If you’ve been paying attention, you’ll know that the correct answer is: GEM BU = Gem Bright Uncirculated.

Of course, “uncirculated” doesn’t mean what you think it does. Stay on the Bright Side.

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Overcome Fear, Anger, Anxiety

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7 Attentions Coin Search will work to reduce fear, anger and anxiety, simply because you cannot possibly remain in fear, anger and/or anxiety when you engage in this activity; if done correctly, the negative emotions will vanish. It works because when you handle the coins, they automatically quantum-connect you up with their time-line and emotional phrase — a packet of emotion carried strictly on the sub-awareness quantum level. 7-Attention Coin Search uses these emotional time-triggers to widen and expand your “AQ”, Attention-Quotient. This expanded time view gives the Bigger Picture, and makes local time/space events look a lot smaller than they look from inside.

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Immaculate Coinception

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It is said that Necessity is the Mother of Invention. That would make Invention the Child or Stepchild of Necessity. In the case of insomnia — the inability to just lie down and get to sleep — the necessity is rather severe. The first thing you must do is forgive yourself for not being able to sleep. After that, the rest is easy. I have a plan which I call Mindful Tedium…

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Poor Man’s Penny Lottery

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If you know how, you can play the Penny Lottery for free. Well, you have to cough up $25 to your local bank to get hold of a bank box of 2500 pennies, but that’s the whole investment and if you don’t like how it comes out, you can bring the unwanted coins back to the bank and cash them in for paper. How jolly. Poor Man’s Penny Lottery can be played as a family game or as a game of insomniac solitaire. I typically can make about $300 or more per evening cash money, if I decide to sell the coins I find on eBay. Here’s how the game is played: Continue reading →