Wednesday, January 18, 2017

A Reaction to Mark Salzberg's PCGS Article



I read an article yesterday by Mark Salzberg from NGC about a correlation between PCGS certified coins rising populations and dropping values.

Read the full Salzberg article here.

In his piece, Salzberg asserts the PCGS has lowered its grading standards in the past five years to allow for higher grades to be assigned. The entire time I was reading the article I couldn't shake the idea that something was amiss. Obviously, NGC and PCGS are competitors, so one company's Chairman writing about the other company is always suspect. Since the post took a negative tone toward PCGS, while sprinkled with compliments for NGC, it became apparent that this was a take-down piece. The goal of a take-down piece is to lower public opinion of an individual or group, take them down a peg.

Knowing that, I wanted to point out a few things about TPGs in general.

Saturday, January 14, 2017

IN GOD WE TRUST - Some Perspective



I recently saw a short video on Facebook about keeping IN GOD WE TRUST on U.S. currency. It said something to the effect of, "The U.S. should keep IN GOD WE TRUST on our money. Share if you agree."

My first thought is, "Is there a serious chance that Congress will vote to remove our national motto from our currency?" Probably not; too many people would be voted out of office on the next election cycle if that happened.

My second thought was, "IN GOD WE TRUST has only been the national motto for about sixty years." While the motto's relative newness shouldn't detract from its meaning, intent, or power, I cringe inwardly when I see it presented as something that has been with our nation since the Revolution.

Saturday, January 7, 2017

Coin Giveaway # 3













Happy New Year! Time to give away another coin. The Stamp and Coin Place has put up the sweet Morgan pictured here.

To enter to win please do the following:

Like our Facebook page.

Join the email list. You can click the Sign Up button on the FB page or sign up here.


Share this post and comment once you've shared.


If you already like the page and have joined the list, please just share this post and comment to enter.

A winner will be chosen on 1/20/17.

We can only ship within the U.S.

*****Please Note***** Your name will be announced on our FB page if you win.

Friday, January 6, 2017

A Game of Coins



Why are there no numismatic games? I mean, aside from flipping a coin, a total classic by the way, there just aren't any good games featuring coins. This seems like an opportunity for entrepreneurial minded collectors.

Numismatic games would give collectors a new way to interact with our hobby. Imagine if your coin club held a game night. Cool, right? I would be more tempted to join a club (there are no clubs in my area, so it's really not an issue but I'm just saying) if there was a game night. Instead of a lecture, we could talk coins over a game.

Friday, December 30, 2016

Spreading the word about coins



This post is for anyone looking to build an audience, fan base, or community. For instance, numismatic professionals, especially those who sell online. Facebook group admins will benefit from what follows; likewise, coin club members and anyone who wants to help spread the word about the joys of numismatics. My goal is to help you understand how social and micro media can help expand your footprint (digital and real-world), whether that means driving sales, capturing mindshare, increasing opt-ins, reaching new prospects, or simply getting more Likes or Followers.

Marketing

Marketing is a game of eyeballs. How many eyeballs can you get to look in your direction? And, of those, how many can you get to pay attention? And, most important of all, how many can you get to return once they've left?

Please do not make the mistake of thinking that marketing is about hammering away at people with non-stop ads and pitches. It isn't. Good marketing is about building relationships.

Tuesday, December 20, 2016

Odds and Ends 12/20/16

It's been a over a week since I last posted. Sorry about that. I've been doing those behind the scenes things that keep The Coin Blog awesome.
 
I wanted to do something different in this post. Instead of a straight up article, I am going to highlight all of the cool things that happened in the past week or so.
 
Mint Error Coin Guide App

Monday, December 12, 2016

Bargain hunting for coins

By: Tim Stroud



If you are like me, you try and pay as little as possible for the coins you add to your collection. Here, I will share what I do when hunting for coins at bargain prices.

Thursday, December 8, 2016

Coin Mining



What is coin mining?

Google "coin mining" and you're going to see page after page of Bitcoin mining websites. That is 100% not what I discuss in this article.

Real coin mining is when someone purchases a large amount of a certain type of coin, wheat pennies, buffalo nickels, mercury dimes, etc., and proceeds to remove all of the better than average value coins. I know this sounds like what many roll or bag searchers do, but there is the added element of speed.

Sunday, December 4, 2016

Numismatic snobbery: A rant



Warning:  This post has some colorful language. Nothing crazy, but I wouldn't recommend it for anyone under 14.

I am going to make a few assumptions about you. Yeah, you; the one reading this right now.

- You are a coin collector.
- You have not spent a lot of money on the coins in your collection. In fact, you probably got many of them for face value.
- You are under 65 years old.
- You do not routinely visit a local coin shop, nor do you attend more than two coin shows a year, if that. There is a very good chance you attend none at all.

Tuesday, November 29, 2016

The Royal Mint is taking a golden leap forward



This morning there was a post on LinkedIn that caught my eye. It was a piece from The Telegraph that talked about how the Royal Mint is going to begin offering gold trading using blockchain technology.

Are you asking yourself, "What the hell does blockchain mean?" Don't worry, I'm sure you're not alone. I knew the term was somehow related to cryptocurrency, but that was all. I spent a couple of hours reading and bouncing ideas off my three-year-old, always a good sounding board, and decided to write a little bit about it.