Here’s a sneak peek at just one of the many hundreds of really cool and very richly rewarding coins that popped up in last night’s “Barf Bag” search — the coins were discards from other searches, deemed so miserable that they ended up in a bin and eventually in a bag, which I opened and am currently in the process of searching.
I’ve found a few 1924-d, some 1909 VDB and two 1909-s that have seen better days, but they’re readable enough to sell, although in this case, I’m not offering this grouping for sale — it’s intended as an example of what someone can accomplish in a single night, armed only with coin-knowledge and a taste for punishment.
Finding the goodies among the trash is sort of like dumpster-diving, and in a way, it bears some resemblance to it.
One thing that happens in a search like this, you never know what’s going to turn up.
It doesn’t matter whether the source of your search coins is a personal collection, institutional collection, just a bunch of coins that piled up in a jar somehow, or you bought them as a grouping of folders, or as a bag or box or rolls.
There’s a world of treasure, real treasure, the kind you can take to the bank, and yet, it’s as-if invisible to most people, who look right past the treasures of life, in a bleak vision of the present.
It’s not that hard to transform the vision from “bleak” to “clear”, but it takes a bit of bait and the dangling of a hook to catch the fish, as it were.
What’s needed is a goal, and a goal doesn’t come about without a payoff.
Simple — Money.
Of course, that’s only the apparent payoff. The real payoff is an immediate improvement in vision, clarity and presence-of-attention, which is the kind of powerful presence that can be invoked through the use of special attentions, such as the ones employed in a coin search. Continue reading →
Here’s a rundown of what specific actions I take with a new bag or box or roll of wheaties to be searched. It’s basic, and of course doesn’t contain “The Moves”, which are derived from Magic in the Mirror — MiM — in order to handle the coins efficiently and effectively. I’ll assume that the coins are already separated out into decades. If not, they’ll have to be separated out before beginning a search, because you can only compare coins with other coins of the same decade, when grading, or you’ll get entirely baffled by the sudden changes in quality, so the general rule is ALWAYS SEARCH BY DECADE.
So, you’ve got a bag of TEENS, TWENTIES, THIRTIES, FORTIES or FIFTIES coins. Let’s begin a search on them. Put the bag nearby on the floor or on a very strong table.
FIRST ACTION — Open the bag.
SECOND ACTION — Reach into the bag and scoop out a handful of coins.
THIRD ACTION — Place the handful of coins on your right on the velvet search pad.
FOURTH ACTION — Put on your Opti-Visors. I use #7, fairly strong ones, these days.
FIFTH ACTION — Arrange the pile of coins on your right into piles of about 10 coins each.
SIXTH ACTION — Take the first pile of ten coins and FAN or SPREAD them out in front of you where the light hits them perfectly, so you can see every detail.
SEVENTH ACTION — FLIP or TURN OVER the coins so they all face downward, wheats up.
EIGHTH ACTION — FLIP your Opti-Visor down so you can see the coin’s surface through them clearly and easily, and CHECK THE COINS for any sign of “quality”, meaning that there are some lines still in the wheat ears. You want to take out anything that isn’t TOTALLY FLAT — absolutely every sign of value or quality.
NINTH ACTION — Place any GRADABLE coin FACE DOWN, WHEATS UP, on the velvlet pad, to your LEFT, in a separate pile.
TENTH ACTION — FLIP the remaining coins in the spread FACE UP, to reveal the date and mint mark, if there is a mint-mark. Remember that coins produced at the Philadelphia Mint never carry a “p” mint mark, although in other denominations there are exceptions to this rule, notably the wartime nickel.
ELEVENTH ACTION — PLACE the coins in the correct piles, starting with the lowest date on the left. All mint-mark coins should be stacked FACE UP in the far center, slightly to the right, building stacks of about 15 coins.
TWELFTH ACTION — Scoop up the stacks of coins into tubes and label each tube as you fill and cap it.
Now all that remains is to store the tubes in boxes until they are needed. I’ll now do a step-by-step rundown on how to handle the coins from search to sale: Continue reading →
If you ask me, what’s my best grading skill-builder, I’d have no hesitation in saying that it’s my 1940-1958 “s” mint-mark pennies, that range all the way from G4 to AU-57 and sometimes MS-60 BN, which is common enough to make mention of it.
The BEST GRADING SKILL BUILDER comes in packs of 100 coins at $25 per package, just a hair below my actual cost of acquisition of those coins.
Sure, I lose in the short run, but I assure you that I DO make it up in volume, and it’s not about net profit, it’s all about cash-flow, as any accountant will tell you.
If you’re planning on using these coins to help others gain these skills, you don’t sort or pre-sort these coins, except to build your own skills — they should be poured out onto the table for the trainee just as they came to you in the plastic ziplock baggie. Continue reading →