About Coins 101 !

Coin Dealer 101

Details: Category: About Coins 101; Published on Saturday, 31 August 2013 02:41; Written by Super User; Hits: 3403

COIN DEALER 101

By Tony Swicer

County & State License- this differs county to county and by state.

A. County Occupational License

B. State Sales Tax Number- You are supposed to collect sales tax on bullion under $500.& all foreign coin sales All US coins are exempt & bullion sales over $500 are exempt.

2. Business materials needed-

Business cards, invoices, pens, calculator, note pad, subscription to Coin

Dealer Newsletter, Numismatic reference books.

3. Where do you sell at-

C. A shop- overhead & security

D. Coin Show- travel

E. EBay- time consuming

F. Mail Order

4. Pricing merchandise-

G. Use small labels

H. Cost code everything

I. Price everything on the reverse

J. Inventory everything on computer

5. Security-

K. Get a concealed weapons permit.

L. At shows, always keep everything under lock & key. Open inventory is asking for shoplifting.

M. At a show beware slight-of-hand artists switching your coins.

N. Leaving a coin show, never stop to eat. Go directly home. Many dealers are followed from coin shows.

O. Never let people come to your home to do business.

6. Appraisals-

P. If you have to travel to do an appraisal, charge a fee, minimum of $50,

Refundable if you buy the collection.

Q. For written appraisals charge for both the time looking at and writing up

the coins.

R. Free appraisals at coin shows.

7. Numismatic Organizations-

A. National- ANA & Specialty clubs

B. Regional- FUN, CSNS

C. Local Clubs- Ft. Lauderdale, Gold Coast, Palm Beach coin clubs

8. Your Responsibility-

A. Sell & Buy coins at fair prices.

B. Don’t knowingly sell or buy counterfeits. If you sell a counterfeit, you are

Supposed to take it back and refund the customers money.

C. Don’t knowingly buy stolen coins.

ANA's Corresponce Course And Gold Coast Coin Club

Details: Category: About Coins 101; Published on Monday, 26 August 2013 15:07; Written by Super User; Hits: 4142

Click on Screen Arrow for First Video Clip

Introduction to Numismatic Scholar Diploma Program

{mp4remote}http://accumation.net/COINS101/images/videos/tape3.mp4{/mp4remote}

AMERICAN NUMISMATIC ASSOCIATION

SCHOOL OF NUMISMATICS DIPLOMA PROGRAM

Correspondence Course @ our GCCC's Club Meetings

Our Club wants educated members who will be Respected Ambassadors for our Hobby.

Sign up now!

Gold Coast (Hollywood) Coin Club has bought the correspondence Course from ANA for our Members. The regular charge from ANA is about $500. Through our Club you can take this course for $100 (with our club reimbursing you $50 at proof of completion from ANA). You must be an ANA & a Gold Coast Coin Club member to take this course. We will cover Each of the Six sections at our Thursday night meetings, two each month, and repeat this sequence every 6 months. You may start the program at any time with all of the material covered in a 6-month period. You have 2 years to complete the course.

Paraphrased from the ANA website is the following:

Correspondence Course @ Club Your Cost -$100	Classroom in Colorado at ANA Cost@ ANA (Substitution) - $500
Book 1-"Introduction To Numismatics"	"The Complete Numismatist" or "Adventures in Numismatics"
Book 2-"Grading Coins Today"	"Introduction to Grading United States Coins"
Book 3 pt1-"The Modern Minting Process"	"The Modern Minting Process and Errors & Varieties"
Book 3 pt2-"U.S. Minting Errors & Varieties"	"The Modern Minting Process and Errors & Varieties"
Book 4-"Detecting Counterfeit & Altered U.S. Coins"	"Detecting Counterfeit & Altered U.S. Coins"
Book 5-"Grading Mint State U.S. Coins"	"Intermediate Grading of United States Coins"

Program Registration fee & Final Examination fee: $100.00 -Students Cost (GCCC sends this $100 to ANA at registration so you can enroll at CLUB RATE. The entire Numismatic Diploma Package (5 books, 2 videos)
Gold Coast Coin Club has purchased the package above. The Club will only have a single set of booklets at this time. The booklets will be shared by rotating them among the registered students each month. Additional booklets can be purchased directly from the ANA or borrowed from our members.
Students Successfully Completing the Program Will Be Able to: (I must add here- with a lot of practice, - Bill S.)

- Demonstrate a fundamental knowledge of numismatic history
- Identify/describe series of U.S. coins
- Know the basics of grading U.S. coins
- Understand how to detect a counterfeit, altered or cleaned coin
- Explain the modern minting process
- Know which references/sources are reliable and where to find them

Examination Process:
An extensive 200-question final exam, covering all program topics, will be administered after completion of all requirements. A proctor at our coin club will administer the exam. Students who view the optional videotapes, and review the correspondence course tests should perform well on the final examination.

Get Started Learning- See Links to INFO

Details: Category: About Coins 101; Published on Saturday, 01 January 2011 00:00; Written by Joomla!; Hits: 1953

Coins 101

Coins- 101 - A Classroom Supplement to the ANA’s Correspondence Course

offered at Gold Coast Coin Club.

Our objective on this website is to give you an online reference tool which will provide visual material to aid you in learning about coins.

We will be adding material under the following sections to aid you in your study of numismatics.

1. Identify/describe the different series of coins, beginning with U.S. coins –series-US

For additional information on buying coins see the Coins Buying Guide:

http://www.ebay.com/gds/Coins-Paper-Money-/11116/c.html

Find examples and descriptions of all U.S. Series at NGC website.

http://www.ngccoin.com/NGCCoinExplorer/default.aspx

SEE BELOW TO LINK TO THE SPECIFIC U.S. SERIES OF INTEREST.

2. Know the basics of grading coins, beginning with U.S. coins – Grading –US

Link to: Photo Grade by PCGS shows examples in each grade of U. S. Coins

Information specific to each U.S. Series concerning grading at NGC’s Website:

http://www.ngccoin.com/coin-grading-guide/default.aspx

3. Detect a counterfeit, beginning with U.S. coins – Counterfeits-US

Search results on NGC’s WEBSITE for articles about Counterfeit Coins:

http://www.ngccoin.com/SearchResults.aspx?cx=010475203738774811094%3af_okz3qqozc&;cof=FORID%3a11&q=counterfeit

“Many counterfeits are identified by diagnostic flaws such as raised lumps and lines or tool marks. These diagnostics are useful to know regardless of what type of coins you collect.”

4. Altered Coins, beginning with U.S. coins – Altered-US

Search results on NGC’s WEBSITE for articles about Altered Coins:

http://www.ngccoin.com/SearchResults.aspx?cx=010475203738774811094%3af_okz3qqozc&;cof=FORID%3a11&q=altered%20coins

5. Determine if a coin has or should be cleaned or preserved, beginning with U.S. coins – Cleaned-US

Search results on NGC’s WEBSITE for articles about Cleaned Coins:

http://www.ngccoin.com/SearchResults.aspx?cx=010475203738774811094%3af_okz3qqozc&;cof=FORID%3a11&q=cleaned%20coins

6. Know which references/sources are reliable and where to find them, beginning with U.S. coins – References-US

Link to NGC’s “NUMISMATIC BIBLIOGRAPHY”

http://www.ngccoin.com/references.aspx

7. Numismatic history

Numismatics - Wikipedia, the free encyclopedia

en.wikipedia.org/wiki/Numismatics

Jump to History of numismatics - [edit source | edit]. A Roman denarius, a standardized silver coin. Coin collecting may have existed in ancient ...

‎Glossary of numismatics - ‎Odessa Numismatics Museum - ‎Category:Numismatics

Use this search to browse through different categories of United States coins and read detailed analysis of each series. Then select your coin from the MS or PF lists on the right.

Colonials, Half Cents & Cents

Early American Coins & Tokens

Liberty Cap Half Cents (1793-1797)

Draped Bust Half Cents (1800-1808)

Classic Head Half Cents (1809-1836)

Braided Hair Half Cents (1840-1857)

Flowing Hair Cents (1793)

Liberty Cap Cents (1793-1796)

Draped Bust Cents (1796-1807)

Classic Head Cents (1808-1814)

Coronet Cents (1816-1839)

Braided Hair Cents (1839-1875)