This page are FAQ’S about my business and numismatics in general


FAQ’S business related 


          1. Do you have a eBay store or account?


               No, that is currently in the works. When I release my eBay store I what to do it right I what to make the best I can. I what to be prepared for shipping and orders, I just want my customers to be happy with coin and how fast it gets there. I am also very hesitant to make eBay my main marketplace since in the past year eBay has risen there fee about 1% every 7-9 months. I don’t want a large amount of my inventory up there when they raise the fee by 3% for example. This takes a lot of profit out of my sales and might slow down my business considerably. 


         2. Do you set up at coin shows?


                No, I would love to! I am planning to do so within the next 6 months. The show that I am trying to set up at  is full of accruing dealers so most of the time they don’t let newbies by a table most of the time. I am planning to talk to the organizer of the show and make so kind of deal with him. So currently it is in the works.


       3. Do you attend coin clubs in your local area?


                Coin clubs have just started back up again after Covid-19. Yes I attend coin clubs and highly recommend going to a coin club.


       4. Are you a member of any organizations?


              I am a member of the American Numismatic Association and the combined organization of numismatic error collectors of America.  


Numismatic FAQ’S


       1.What does the term numismatist mean?                                                                                                                                                                         

           A person that study’s and/or collects coins, paper money, tokens, or medals. In most cases some one who collects coins or paper money. 


        2. How much is a 1943 steel cent worth?


                  Ah, the 1943 steel cent. Also called by others as the following: silver penny’s, tin penny’s, and I am going to retire on this coin. Sorry to break it, but these coins may be old but 1.2 billion of them have been produced and hold very little value. There are some extremely rare exceptions to this and the coin can only yield about $30 when graded, which makes up half of the coins value.


       3. How much gold is in the Golden Dollar coins made since 2000?


                This is also a very big downer for most people. These coins do not contain any gold at all and 95% of the time are $1, its face value. Once again with very rare exceptions. 


       4. Do Silver Certificates hold any collector value?


               Very little, there are three types of one dollar silver certificates. The 1923 series that are twos times larger than the modern dollar bill. This one is the rarest out of these three and hold the most value. Some long-term collectors call these horse blankets, due to its unnaturally large size. The second is the series of 1928, this is the same size as todays dollar bill and has a interesting nickname. The funny back, this is due too its unusual design on the back. It is said to resemble early 1920s circus play money. The last one is the series of 1957.  This series is so common that dealers either never buy them or buy them for $1.10 a piece.  The chances that you have the series of 23 or 28 is about a 10% chance. The series of 57 is extremally is common.


     5.  Is it legal to own gold coins in the United States?


               Yes, from 1933 to 1974 there was a restriction on private citizens owning gold bullion without a special license. The restriction against gold was lifted effective January 1, 1975.  You are now able to own all of the gold that you can afford. The country of origin of a gold coin(s) does not matter.


    6. My Grandfather left me several 10,000 mark notes from Germany dated 1922. Am I rich?


              Such notes are inflationary currency from the Weimar Republic in Germany after WWI. Due to war reparations, this period in German history is marked by extreme economic depression and high inflation. The high denomination of the notes is evidence of the government’s efforts to combat the rampant inflation. Notes were printed in denominations of millions and even billions. While these notes no longer carry legal-tender value, since the Weimar Republic is no longer a functioning government, some hold collector value. The “Standard Catalog of World Paper Money; 1901 to Present” has an excellent section detailing these issues.


     7. I have a nickel with a buffalo on the back that has no date. Is this an error coin?


             More than likely, your Buffalo nickel had a date but the date has worn away through circulation. The date on a Buffalo nickel is located on the front (obverse) of the coin on the shoulder of the Indian. Because the date is on a high point of the design, it easily wears away. A “dateless” nickel still retains its face value and there are even some companies who will purchase them for a very modest premium. If you have nickels without a date, you may consider giving them to children. Many younger collectors (like my self) have started collecting coins after receiving a Buffalo nickel. Some people even use them as pocket change today, yet again proving why it is a great idea to inspect your change before spending it!


    8. Should I clean my coins?


            The short answer is “NO!” Cleaning a coin often presents an enigma. A coin that has circulated and shows signs of wear has an altered appearance if it has been cleaned. In essence, what you would have is a coin that is bright but worn. Generally, a coin will lose some of its value after being cleaned. Most experienced numismatists are able to spot a cleaned coin fairly easily. If a coin is so corroded that it is unrecognizable, you may try a solution of mild dish soap and distilled water. Rinse the coin thoroughly with distilled water and allow the coin to air dry or gently pat dry, otherwise you should leave coin cleaning to professional services such as NCS.