Whats the best way for a YN with multiple series trying to be accomplished, do for money?
coinguy89
Posts: 2,151
This is sort of related to coins, cause I need to know how a young numismatist can help fund his/her collection. As you know I collect capped bust half dimes in problem free, nice grades(can get quite expensive) I also collect civil war tokens(most aren't really expensive, but not exactally cheap). You experts from the day, do you know of any ideas I could use to help fund a collection? Should I sell what I previously bought a few years ago, my mistake coins, if you will? Any suggestions.
Scott Hopkins
-YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.
My Ebay!
-YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.
My Ebay!
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Thanksgiving National Battlefield Coin Show is November 29-30, 2024 at the Eisenhower Allstar Sportsplex, Gettysburg, PA. Tables are available. WWW.AmericasCoinShows.com
They had paint when you were a kid????
I dont know how old you are but here are some things that I did to earn money.
1. Paper route...
2. Mow lawns
3. Pick wild berries...you would be amazed how much people will pay for WILD blueberries, raspberries, blackberries etc...
4. Get a license and dig ginseng...Have made lots of coin money this way...
5. Bale hay, hard work but good exercise.
6. Wash cars
Try some of those.
siliconvalleycoins.com
As a YN I would stress that this is one time in your life where you have more free time to study numismatics. Learn to cherrypick bargain boxes for RPM, DD and other neat finds that most dealers don't want to be bothered with. First, you'll increase your knowledge about the hobby you seem to enjoy so much and can even develop skills for latter in life. You won't be mowing lawns in college, but you can always cherrypick to earn money for coins or beer and can set up on Ebay to retail your finds.
While there's nothing wrong with an honest day's pay for an honest day's work, my father, who was always relegated to working with his hands instead of his head because of a lack of education stressed to me to educate myself.
Michael
When I was a teenager (not that long ago, think early to mid 1990s), nearly all the money I earned went into coins. I didn't buy fancy clothes or a nice car (I had a 6 cylinder 1976 Chevy Nova, a 1983 Buick, etc.), but rather rolled earnings into coins and ended up having a good piece of change in my collection when it came time to sell and pay college bills.
I worked on the grounds crew at my high school during summer, sitting on a riding mower from 7:30 AM til 3:30 or pulling weeds, I worked at the concession stands at local sporting events, I wrote articles for the local newspaper's sports section (at $15 per article). But most of the work I did related to coins -- many magazines will pay for coin articles (Central States and FUN pay well, as do the commercial magazines like CoinAge and Coins). I worked for a dealer at every major show I went to as behind-the-table help. I was a page at the 1989 ANA show in Pittsburgh. I got a job cataloguing coins for a new start up auction company in the early 1990s (that company thrives today -- and now I'm a full time cataloguer for another well known firm).
Definitely sell your "mistake" coins. You'll never want them more than you do now, so it's better to turn those funds into something you really want, even if it means taking a loss. I might even go so far as to sell anything that is readily replaceable, and focus on things you just don't see often -- nice grade Capped Bust coins, interesting and elusive die states, Civil War tokens of better varieties, this sort of thing. Common coins are always common, no matter what the market does. And common coins go up in value at a much slower rate than scarce ones.
It sounds like you have good collecting taste. You're pursuing interesting and underappreciated series that allow considerable bang for the buck. Now the trick is to learn as much as you can about those series so that you can use that knowledge to make money, and then use that money to fund your collection. Cherrypick rare varieties. Buy pieces that are being offered a grade lower than they really are. Help dealers attribute and sell their half dimes and CWTs -- most dealers could use the help. Be honest, be knowledgeable, and be ambitious and the rest will come to you.
Good luck! Work hard and learn more so I can hire you in 10 years!
Betts medals, colonial coins, US Mint medals, foreign coins found in early America, and other numismatic Americana
-Work after school daily (now at a computer shop [not that the money's worth it... my "pay" is experience])... during tax season, I work for my mom at her home office... she pays well
-I photograph coins and sell on consignments
-I build websites
-I buy coins, then decide how much I want to keep them. Sometimes I'll flip them, sometimes I won't. This way, I get to see anything that could possibly stay with my collection, and I go from there
-I do anything else that I can as opportunities arise.
-BUT... I always put school first
-YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.
My Ebay!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>Of course it would be more fun and educational if you could make some money working in a coin shop, or even buying and selling coins. Here's one small idea for you. Most coin shops have more flea-market quality coins than they need. Why not offer to take some on consignment and peddle them to dealers at flea markets? (Tell the coin dealer what you're doing so that he knows he has to leave you room to profit.) With any luck, some of your regular clients may even run into some better quality material and sell it to you. >>
Sorry I don't understand what your talking about, what's comsignment mean?
-YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.
My Ebay!
Jeremy