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This is why collectors make the best dealers. If dealing with this type of stuff isn't enjoyable for a dealer, they are probably in the wrong business. Most of what you buy is not going to be a home run. First, and foremost, it is a hobby. It looks like a fun mixed lot of goodies to me. Cheers!
This is what makes the hobby fun and interesting. We have taken losses but also have had some really good finds. Hopefully my grandchildren will appreciate and enjoy what is being left to them and have as much fun as I had.
I have so many of these type of lower value coins taking up space, but i still appreciate them because thats what got me started with this hobby. Thanks for sharing! 👍
I really liked this video. The coins and items you showed are like the items that I collect. I just like coins because they are mini pieces of art. Yes, they can be gold or silver, but the really interesting part is the design, age, and type of coin. I guess you can call me the common collector who collects because I love the hobby and its products.
You can tell Daniel simply loves coins! He sets out to tell us why these are all the coins that dealers hate to buy, but spends a lot of the vid appreciating each one 😅
You as a dealer have time also invested in every coin and every piece of currency. Your time is money. You have to do the research. Take the pictures. Post those pictures. Figure out how much to sell it for. Always giving me valuable time in all the videos. Thanks Daniel.
Awesome video Daniel. I love your honesty as well as your insight and information. You have helped me save a lot of money not investing or buying things a young collector would sometimes fall for. Especially things on eBay that are very tempting. Like so called uncirculated wheat penny rolls, fort Morgan dollars. Those two videos alone will save people a lot of money and heartbreak. Keep up the great videos. Thank you for all the hard work posting these videos. God bless
No, I don't think it is junk. Me personally like the mint and proof coins. Can afford the big boy coins. Looking forward to mid February Scratch and dent purchase. Thank you Daniel!
I've seen a LCS owner tell someone all their deceased relatives coins were all junk and send them away crying, that was some time between 2015 and 2020 (They did not stay in business long). Thanks for another video.
Collecting coins would be a great hobby if you can find a dealer you can trust. But the more videos I watch the more leery I am to get involved in the hobby. Without the knowledge you can get run over the coals very easy. When you get human beings involved with money and very specialized knowledge necessary to evaluate items it can get very ugly.
I wouldn't call it junk. More like "Not Popular" I guess you can buy low, take what you want out, and sell the rest in grab bags in your store or sets of stuff on Ebay for a profit? I guess it depends on how much time you want to spend to make that extra buck. Thanks for sharing, Daniel. 😀
It seems like if you are a collector for some time you are destined to have in your collection a decent percentage of coins like you showed. It just happens.
The problem is, most people come into this stuff or when you're younger with no money any collect pennies, a $20 morgan common dates. Most people don't have all the featured coins in a Heritage catalog. Most "stuff" people get when they're new to collecting. At some shows you see dealers that specialize in certain types of coins. I've seen them one sells foriegn coins but most have a box full of worn out coins off to the side and people buy that stuff to fill out an alblum. A couple dealers would have almost every coin there is in some grade. All that junk silver and gold dealers should sell it to be melted and made into bars or rounds, that would solve the problem.
Nice video enjoyed it a lot. I have some of those items which I have purchased over the years because they have a special meaning or memory to me. Thanks
I love both of those Columbian Exposition half dollar coins, both the 1892 and the 1893. They mark the beginning of the vintage commemorative half dollars that I love to collect so much. They also mark the first time the US put a real person on a coin.
If all this stuff is a pain for you to deal with, why bother? Just concentrate on the high end stuff. Or if not enough "good" stuff comes in or there are not enough buyers for it and you need this stuff to fill the shelves and interest the browsers and newbies, then you have your answer. My answer would be - not junk and yes I would buy it. I like the variety.
Seems easy if you are complaining that you won't make much money then only buy those items that you will make money. If you only want rare coins then just only buy rare coins. If you are only looking for things you can list in auction again just buy those. I would buy everything there and discount the stuff that does not sell. I take that stuff to shows and mark it down. Commercial packaged crap I buy cheap and make them give away promos. Obviously you bought it all:)
These are all Memorial rolls and I am not selling them all to one person, sorry. I give everyone a chance to buy them when I sell them. I have a lot of customers wanting them.
I don't know how that's junk. It's not particularly interesting but most of that moves. Just kinda sucks for people who buy some of that stuff from the companies directly. Always a rip.
I have to jump on here and ask you about a 2023 D mint error on the reverse there's a picture of a woman but no letters! I'm 66 years old and just started coin hunting. Am I crazy? Could this be real? I got it from a change machine at a car wash!
i would think that most of your business day to day is selling stuff like that . im sure you dont get people in there every day spending money on rare coins or im i wrong?
Been watching your videos for years & I understand your point. I get it. But I was disappointed by your comments at 14 minutes & .52 seconds. MS65 coins in Morgan Dollars for less than gray sheet. It's not junk but apparently you've lost interest in being a coin dealer. Now I get if you can get them wholesale from other dealers, but I won't sell to you. The markets soft , ok I get it, but putting MS65 Morgans from NGC & PCGS in with this other "Junk" is harsh, I think. I'm sure you're right, but your tone is kind of a downer. You've been good over the years though my friend & I'll keep watching. I was just caught off guard .
You completely misunderstood this video, I never called everything in this video junk, I was showing the stuff I've purchased and wanted to show some nice coins in holders as well. However, I can buy MS65 Morgans for less than Greysheet at coins shows. I will buy them for Greysheet or a tad more if they're all white. I am pretty sure I explained all of this, but it seems you where too busy getting worked up over being took off guard, based on a comment, and didn't finish listening? Sad really. I literally say I love being a coin dealer. I am trying to share, it's too bad people take it wrong. I could have just don't a video on mint errors or fake errors in stead.
Greysheet us based on what it has sold for lately so this isn't true. PCGS and NGC have enough trouble updating their values and PCGS over-inflating their values.
I don't know if it's just me but if you sell a coin online and it's not the picture of the coin online then you're scamming people😅 then again the metric of technology has changed especially in business
This video seemed to me like you were down talking people's collection they bring into you cause u don't want to waste your time If u don't like those coins don't buy them
People complain to damn much, All this stuff looks fine to me all those Eagles with no box doesn't matter Ebay doesn't care I see these sell for $60 - $80 no packaging at all idk why your making a big deal out of it. If it's extra work for you then why buy it cause it sounds like your complaining about it.
😂😂😂 Your correct, people like you complain too much, if you don't want to hear complaining then start with yourself and STOP. 😂😂😂 Most ironic comment of the day. I literally stated I love buying this stuff.
@@CoinHELPu nothing I said was complaining I don't know where you came up with that. I don't know you so why would I care what you do. I'm just telling you how it sounds from a viewers point of view. You just sounded like you were disgusted with it and it would be a hard sell which I was just saying is incorrect.
Dictionary Definitions from Oxford Languages · Learn more complaining /kəmˈplāniNG/ noun the expression of dissatisfaction or annoyance about something. adjective expressing dissatisfaction or annoyance about something. Your comment fits the exact definition of a complaint.
I agree with you@@MoDzAudio . I really like Daniels videos & I've learned so much from him, but this one had a total different attitude to it. I mentioned it to him & he bit my head off. He just caught me off guard, mostly because I trust him, but when he made the comment that these MS65 OGH Morgans he can buy everyday for under wholesale that knocked me off my chair! MSD's are the bedrock of the majority of collectors & he just said he won't give Graysheet (wholesale) pricing no matter how nice the coin is in the more common grades. I'm very disappointed in his response to me but he's been so good to the hobby (us), that I'll let it pass.
This is ridiculous, @MoDzAudio complains about my video being a complainer video (which it wasn't). I literally love buying coins like this and being a coin dealer, he didn't watch until the end to hear that. So he's wrong. @KidboyMr I never said I wouldn't give greysheet, you heard it wrong, so you where wrong in your comment and deserved what I stated. I said I am not giving over greysheet on common coins when I can buy all I want from wholesale dealers, you took it as a personal attack on you, it's a business decision, had nothing to do with you or your sensitivities. You evidently haven't studied the market and price guides lately. it's changing, and if that upsets you cause I am teaching the facts then I can't help you. Both of you owe me an apology for putting words in my mouth.