For those who might be interested - Coin World TV interview with John Albanese

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MFeld
MFeld Posts: 17,132 ✭✭✭✭✭
edited June 24, 2026 8:42AM in U.S. Coin Forum

Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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  • Old_Collector
    Old_Collector Posts: 1,210 ✭✭✭✭✭
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    @lermish said:
    And for those who are not interested:

    https://www.youtube.com/live/mSX3OyW9Rao

    Well played, I had to look. :D

  • ELVIS1
    ELVIS1 Posts: 497 ✭✭✭✭
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    @lermish said:
    And for those who are not interested:

    https://www.youtube.com/live/mSX3OyW9Rao

    That's nice on a 65 inch screen..

  • BruceS
    BruceS Posts: 1,552 ✭✭✭✭✭
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    I just Imagine all the top-pop and extraordinary coins that has past through his hands. Love him or hate him, He has changed/influenced the entire industry for decades.

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  • mr1931S
    mr1931S Posts: 7,309 ✭✭✭✭✭
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    @MFeld said:
    Not surprisingly, I thought it was an excellent interview.
    And, as has been his habit over the nearly 50 years I’ve known him, J.A. was refreshingly candid, down to earth, highly dedicated to the hobby and a wonderful source of information about coins, coin grading and the rare coin market.

    Thanks for being the grownup in the room, mr. Feld. When I click on the video, I get this message:

    Sign in to confirm you’re not a bot
    This helps protect our community. Learn more
    Sign in

    Unable to sign in is the problem. Is there a way to sign in that I'm unaware of?

    "Two things are infinite: human stupidity and the universe; and I'm not sure about the universe."
    -Albert Einstein-

    Mistakes are natural. But repeated mistakes without reflection are something else. That may be the “stupidity” he was referring to. In research, he admitted uncertainty openly. “If we knew what it was we were doing, it would not be called research, would it?” This shows humility. Even a Nobel laureate accepted doubt. That humility makes the quote less cynical and more observational.

  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
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    @mr1931S said:

    @MFeld said:
    Not surprisingly, I thought it was an excellent interview.
    And, as has been his habit over the nearly 50 years I’ve known him, J.A. was refreshingly candid, down to earth, highly dedicated to the hobby and a wonderful source of information about coins, coin grading and the rare coin market.

    Thanks for being the grownup in the room, mr. Feld. When I click on the video, I get this message:

    Sign in to confirm you’re not a bot
    This helps protect our community. Learn more
    Sign in

    Unable to sign in is the problem. Is there a way to sign in that I'm unaware of?

    I’m sorry to hear you’re having trouble viewing the video. I’ve accessed it multiple times without any issues of the type you described. And that includes an additional time a minute ago, before posting this.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Coinobsessed
    Coinobsessed Posts: 161 ✭✭✭✭
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    No trouble watching. Thanks for posting.

  • coinbuf
    coinbuf Posts: 12,567 ✭✭✭✭✭
    edited June 25, 2026 4:43PM
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    Video worked just fine for me. Enjoyed watching it although I thought the intro part was excessively long.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • Baylor8670
    Baylor8670 Posts: 291 ✭✭✭✭
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    @coinbuf said:
    Video worked just fine for me. Enjoyed watching it although I thought the intro part was excessively long.

  • logger7
    logger7 Posts: 9,858 ✭✭✭✭✭
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    My takeaway, and I don't particularly like video references where you have to wade through a lot of back and forth with fluff and irrelevancies, is that JA's standard at cac is first eye appealing coins, and with Morgans in higher grades, fully struck.

  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
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    @logger7 said:
    My takeaway, and I don't particularly like video references where you have to wade through a lot of back and forth with fluff and irrelevancies, is that JA's standard at cac is first eye appealing coins, and with Morgans in higher grades, fully struck.

    I don’t think he prioritizes eye appeal to the extent that you seem to. Eye appeal is important to just about everyone, but I don’t think J.A. will bump up the grades of gorgeous coins as much as much as some graders do.
    And I don’t believe that he requires fully struck Morgan’s at higher grades, but, he doesn’t tolerate weakly struck ones. There’s a wide go between fully struck and weakly struck.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Walkerguy21D
    Walkerguy21D Posts: 12,164 ✭✭✭✭✭
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    Great video, thanks for posting this, @MFeld.

    I had no idea that Ed Hipps was such an early influence on JA, and really enjoyed hearing the references to him.
    One of my big regrets was meeting Ed too late in life. By then he was semi retired and Lance was running the show. But I could listen to Ed’s stories for hours!

    Successful BST transactions with 177 members. breakdown, scotty1419, mattniss, bigjpst, onlyroosies, Manorcourtman, guitarwes, Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • coinbuf
    coinbuf Posts: 12,567 ✭✭✭✭✭
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    @logger7 said:
    My takeaway, and I don't particularly like video references where you have to wade through a lot of back and forth with fluff and irrelevancies, is that JA's standard at cac is first eye appealing coins, and with Morgans in higher grades, fully struck.

    Why would you want a softly struck Morgan in gem or higher? Why would you want any coin that is not fully struck in higher grades?

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
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    What rot! The American Numismatic Association created the first major third party certification service in the early 1970's!!!!!

    TD

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • ProofCollection
    ProofCollection Posts: 8,056 ✭✭✭✭✭
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    @coinbuf said:

    @logger7 said:
    My takeaway, and I don't particularly like video references where you have to wade through a lot of back and forth with fluff and irrelevancies, is that JA's standard at cac is first eye appealing coins, and with Morgans in higher grades, fully struck.

    Why would you want a softly struck Morgan in gem or higher? Why would you want any coin that is not fully struck in higher grades?

    Maybe if it was otherwise pristine?

  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
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    @ProofCollection said:

    @coinbuf said:

    @logger7 said:
    My takeaway, and I don't particularly like video references where you have to wade through a lot of back and forth with fluff and irrelevancies, is that JA's standard at cac is first eye appealing coins, and with Morgans in higher grades, fully struck.

    Why would you want a softly struck Morgan in gem or higher? Why would you want any coin that is not fully struck in higher grades?

    Maybe if it was otherwise pristine?

    And maybe it also had strong luster and/or color and/or eye appeal - attributes that to many, are as or more important than a full strike.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • zer0man
    zer0man Posts: 84 ✭✭✭
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    good stuff. thanks

  • AngryTurtle
    AngryTurtle Posts: 1,610 ✭✭✭
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    @CaptHenway said:
    What rot! The American Numismatic Association created the first major third party certification service in the early 1970's!!!!!

    TD

    Capt, can you opine on your recollections of early ANACs grading and the entry of PCGS in the market (before my time in the hobby) ? One thing that JA said several times was that PCGS was set by and for the dealers (the "group of 32"), I think maybe ANACS was taking a more technical, perhaps collector oriented approach.

  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
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    @AngryTurtle said:

    @CaptHenway said:
    What rot! The American Numismatic Association created the first major third party certification service in the early 1970's!!!!!

    TD

    Capt, can you opine on your recollections of early ANACs grading and the entry of PCGS in the market (before my time in the hobby) ? One thing that JA said several times was that PCGS was set by and for the dealers (the "group of 32"), I think maybe ANACS was taking a more technical, perhaps collector oriented approach.

    I have discussed the early days of grading before. Let me see if I can find something already written.

    My main objection is that JA said that our host was the first CERTIFICATION service! The "American Numismatic Association CERTIFICATION Service" was certifying coins as Genuine starting in 1972. It added Grading to the CERTIFICATION services offered in 1979. Both services contributed enormous benefits to the Hobby.

    TD

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
    edited June 27, 2026 8:15AM
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    @CaptHenway said:

    @AngryTurtle said:

    @CaptHenway said:
    What rot! The American Numismatic Association created the first major third party certification service in the early 1970's!!!!!

    TD

    Capt, can you opine on your recollections of early ANACs grading and the entry of PCGS in the market (before my time in the hobby) ? One thing that JA said several times was that PCGS was set by and for the dealers (the "group of 32"), I think maybe ANACS was taking a more technical, perhaps collector oriented approach.

    I have discussed the early days of grading before. Let me see if I can find something already written.

    My main objection is that JA said that our host was the first CERTIFICATION service! The "American Numismatic Association CERTIFICATION Service" was certifying coins as Genuine starting in 1972. It added Grading to the CERTIFICATION services offered in 1979. Both services contributed enormous benefits to the Hobby.

    TD

    Tom, I’ll forward the part starting with “My main objection ” to J.A.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
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    @CaptHenway said:

    @AngryTurtle said:

    @CaptHenway said:
    What rot! The American Numismatic Association created the first major third party certification service in the early 1970's!!!!!

    TD

    Capt, can you opine on your recollections of early ANACs grading and the entry of PCGS in the market (before my time in the hobby) ? One thing that JA said several times was that PCGS was set by and for the dealers (the "group of 32"), I think maybe ANACS was taking a more technical, perhaps collector oriented approach.

    I have discussed the early days of grading before. Let me see if I can find something already written.

    My main objection is that JA said that our host was the first CERTIFICATION service! The "American Numismatic Association CERTIFICATION Service" was certifying coins as Genuine starting in 1972. It added Grading to the CERTIFICATION services offered in 1979. Both services contributed enormous benefits to the Hobby.

    TD

    Tom, after forwarding your post to J.A. I received this reply:

    “I apologize, he’s correct. I was referring to “ slabbing”. ANACS provided a wonderful service and was definitely the pioneer!
    I have fond memories of the ANACS certs…. I can’t post there otherwise I’d do it.”

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • oldabeintx
    oldabeintx Posts: 3,214 ✭✭✭✭✭
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    I vividly remember ANACS stepping up and revolutionizing the hobby. It was a real mine field for collectors in those days. We had reliable dealers and auction houses that we could rely on, but God help the collector who ventured out on his/her own.

  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
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    @MFeld said:

    @CaptHenway said:

    @AngryTurtle said:

    @CaptHenway said:
    What rot! The American Numismatic Association created the first major third party certification service in the early 1970's!!!!!

    TD

    Capt, can you opine on your recollections of early ANACs grading and the entry of PCGS in the market (before my time in the hobby) ? One thing that JA said several times was that PCGS was set by and for the dealers (the "group of 32"), I think maybe ANACS was taking a more technical, perhaps collector oriented approach.

    I have discussed the early days of grading before. Let me see if I can find something already written.

    My main objection is that JA said that our host was the first CERTIFICATION service! The "American Numismatic Association CERTIFICATION Service" was certifying coins as Genuine starting in 1972. It added Grading to the CERTIFICATION services offered in 1979. Both services contributed enormous benefits to the Hobby.

    TD

    Tom, after forwarding your post to J.A. I received this reply:

    “I apologize, he’s correct. I was referring to “ slabbing”. ANACS provided a wonderful service and was definitely the pioneer!
    I have fond memories of the ANACS certs…. I can’t post there otherwise I’d do it.”

    Apology accepted.

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
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    @CaptHenway said:

    @MFeld said:

    @CaptHenway said:

    @AngryTurtle said:

    @CaptHenway said:
    What rot! The American Numismatic Association created the first major third party certification service in the early 1970's!!!!!

    TD

    Capt, can you opine on your recollections of early ANACs grading and the entry of PCGS in the market (before my time in the hobby) ? One thing that JA said several times was that PCGS was set by and for the dealers (the "group of 32"), I think maybe ANACS was taking a more technical, perhaps collector oriented approach.

    I have discussed the early days of grading before. Let me see if I can find something already written.

    My main objection is that JA said that our host was the first CERTIFICATION service! The "American Numismatic Association CERTIFICATION Service" was certifying coins as Genuine starting in 1972. It added Grading to the CERTIFICATION services offered in 1979. Both services contributed enormous benefits to the Hobby.

    TD

    Tom, after forwarding your post to J.A. I received this reply:

    “I apologize, he’s correct. I was referring to “ slabbing”. ANACS provided a wonderful service and was definitely the pioneer!
    I have fond memories of the ANACS certs…. I can’t post there otherwise I’d do it.”

    Apology accepted.

    I’ll let him know.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • AngryTurtle
    AngryTurtle Posts: 1,610 ✭✭✭
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    I never put 2 and 2 together on ANACs and PCGS. Just asked the AI and it came up with the dates for ANACs soapbox slabbing as Feb 1989 through Feb 2006. I did not realize that that was after PCGS, in Feb 1986.

  • MrEureka
    MrEureka Posts: 24,777 ✭✭✭✭✭
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    John’s always interesting and always makes me think. One stunning comment this time. He explained how in the old days, pre-slabs, tens of thousands of people knew how to grade accurately and confidently - partly because there were fewer grades - and that now it’s more like just a few dozen. When I’ve discussed the same subject with people, I’ve said pretty much the opposite, explaining how the edge I had before slabs is now not such a big deal, because many hundreds of people have learned how to expertly grade coins, largely by studying slabbed coins. The reality is probably somewhere between his numbers and mine, but I need to think on it.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • MrEureka
    MrEureka Posts: 24,777 ✭✭✭✭✭
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    @logger7 said:
    My takeaway, and I don't particularly like video references where you have to wade through a lot of back and forth with fluff and irrelevancies, is that JA's standard at cac is first eye appealing coins, and with Morgans in higher grades, fully struck.

    I’m reasonably sure that John would take the same approach to strike with all other series.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.

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