The coin above was made at the very beginning of the United States of America, and is one of the rarest of its type. The price is designed to give room to the next owner to resell it at a profit.
Problem is, you haven’t a clue what the hell I’m talking about, and that will remain your condition until you achieve COINLIGHTENMENT, which may be never, unless you can MAKE yourself become interested in the subject, but why on Earth would you do that?
You’re already busy, and have no time for frivolous pursuits like coin collecting — but it isn’t coin-collecting — it’s achieving a state of knowledge that can have incredible rewards, some of which are in personal wealth, but many are along the line of personal enlightenment and spiritual attainment, all from the study and trade of coins.
I am a Shutdown Victim. I’m not a government worker, but I am a Shutdown Victim, and I’ll be only too happy to explain to you in detail how come I’m in this condition:
The First Vibration of the Ripple Effect came from the furloughed government workers, into the marketplace in a variety of ways, some directly — as in they didn’t buy goods this month because they don’t have the ready cash — and some indirectly, as in screwing up the market and buying sentiment of the consumer class, which is us.
Then we got the Second Vibration — the non-furloughed workers started freaking out because they were “Risking their lives and not getting paid for it”.
Hell, that describes my job in a nutshell. I never get paid for my work, but I don’t really have to get paid — I have an endless supply of Shakti-Pat, and that translates into money, in my world.
Of course, if you’re not living in the Western Realm, and you find yourself in a government job, which means these days, “working and not getting paid for it”, you still have to come up with money for food, gas, parking, migraine headache remedy, tips, spare change and more, not to mention the tons of alcoholic drinks you’ll need to toss down while at work, in order to be able to take the crap without actually snapping the boss’s head right off.
Here are a bunch of personal notes expanded from a short stack of Post-It notes by my coin-searching pad. I hope you can use this information to gain a better understanding of the technique and liberating technology of Soul-Searching and Sweep-Searching under the 3 Aspects of Coinology which together form the triple-faced Goddess of Coinology, Solaria.
If, on the other hand, you have a favorite god-form, don’t hesitate to assume it for your searches. So, with a lot more further ado than you might like to see, here are the aforesaid previously mentioned “personal notes”, which are, as I’ve already indicated, expanded from much shorter notes written on sticky note paper and plastered by the side of my coin search table and adequate Soft-White lighting.
The biggest hurdle in coin-searching is knowing exactly what you’re looking for, and that really is hindered by studying photos. They simply don’t convey the “feel” of the coin, and once you’ve had an example of that particular error coin in your hand, you’ll not likely forget it, and you can and will SEE the error, thus giving yourself the confidence needed that you WILL RECOGNIZE that coin when it comes up in a search. No doubt about it. Continue reading →
Here’s a sneak peek at just one of the many hundreds of really cool and very richly rewarding coins that popped up in last night’s “Barf Bag” search — the coins were discards from other searches, deemed so miserable that they ended up in a bin and eventually in a bag, which I opened and am currently in the process of searching.
I’ve found a few 1924-d, some 1909 VDB and two 1909-s that have seen better days, but they’re readable enough to sell, although in this case, I’m not offering this grouping for sale — it’s intended as an example of what someone can accomplish in a single night, armed only with coin-knowledge and a taste for punishment.
Finding the goodies among the trash is sort of like dumpster-diving, and in a way, it bears some resemblance to it.
One thing that happens in a search like this, you never know what’s going to turn up.
It doesn’t matter whether the source of your search coins is a personal collection, institutional collection, just a bunch of coins that piled up in a jar somehow, or you bought them as a grouping of folders, or as a bag or box or rolls.
The end effect is the same — there’s some searching to be done. Continue reading →
“Maha” means “Mindfulness And High Attention in my book, but in the Hindu scriptures it means “Great” or “Big”, as in “Big Ruler” or “Big Spiritual Guy”, as in “Mahabharata” and “Mahatma”, respectively, not to mention “Matahari”, which has absolutely nothing to do with the subject, anyway — besides, she was framed.
Okay, forget about Matahari. So what is “MaHa”, and how does it affect you?
MaHa is Mindfulness And High Attention. It is a spiritual technology that uses Special Directed Attention to accomplish its goals, which is to make you more aware, more conscious, more enlightened, more awake, more sensing and feeling and more dedicated to life beyond the box.
You will instantly FEEL BETTER and more centered, more poised, more assured and more certain. A profound CALM and SENSE OF ACCOMPLISHMENT and SERENITY will come over you and stay around you in a protective bubble of peace and harmony.
You will experience a freedom from the time-binding of space-time, due to the time-bending properties of the coinage you are handling, with the quantum-entanglement connection to the time-frame of the coin.
My “MS-63 RED GEM” vintage Wheat-Backed Lincoln Cents are called “Clear-Channel Time-Benders”. The sense of freedom from the time-frame gives you a certainty on your soul-travel through ENDLESS time and space.
You will feel an INSTANT sense of SPIRITUAL FREEDOM from the confines of the organic world, or your money back. Come to think of it, you’re buying money, so you already HAVE your money back!
Jeez, you get a refund even if you’re satisfied??? You bet you do, and there’s even more payoff than that.
If you carry out your Coinology Course Assignments correctly, you will see a “feedback effect” — a definite visible and spendable result of your efforts, mainly in the form of money, specifically an income derived from the sale and trade of coins garnered through the skill-building exercises of Coinology, plus all the other invisible benefits of the practice, including just feeling better about yourself and your life and the world in which you find yourself living and surviving. Continue reading →
Here’s a rundown of what specific actions I take with a new bag or box or roll of wheaties to be searched. It’s basic, and of course doesn’t contain “The Moves”, which are derived from Magic in the Mirror — MiM — in order to handle the coins efficiently and effectively. I’ll assume that the coins are already separated out into decades. If not, they’ll have to be separated out before beginning a search, because you can only compare coins with other coins of the same decade, when grading, or you’ll get entirely baffled by the sudden changes in quality, so the general rule is ALWAYS SEARCH BY DECADE.
So, you’ve got a bag of TEENS, TWENTIES, THIRTIES, FORTIES or FIFTIES coins. Let’s begin a search on them. Put the bag nearby on the floor or on a very strong table.
FIRST ACTION — Open the bag.
SECOND ACTION — Reach into the bag and scoop out a handful of coins.
THIRD ACTION — Place the handful of coins on your right on the velvet search pad.
FOURTH ACTION — Put on your Opti-Visors. I use #7, fairly strong ones, these days.
FIFTH ACTION — Arrange the pile of coins on your right into piles of about 10 coins each.
SIXTH ACTION — Take the first pile of ten coins and FAN or SPREAD them out in front of you where the light hits them perfectly, so you can see every detail.
SEVENTH ACTION — FLIP or TURN OVER the coins so they all face downward, wheats up.
EIGHTH ACTION — FLIP your Opti-Visor down so you can see the coin’s surface through them clearly and easily, and CHECK THE COINS for any sign of “quality”, meaning that there are some lines still in the wheat ears. You want to take out anything that isn’t TOTALLY FLAT — absolutely every sign of value or quality.
NINTH ACTION — Place any GRADABLE coin FACE DOWN, WHEATS UP, on the velvlet pad, to your LEFT, in a separate pile.
TENTH ACTION — FLIP the remaining coins in the spread FACE UP, to reveal the date and mint mark, if there is a mint-mark. Remember that coins produced at the Philadelphia Mint never carry a “p” mint mark, although in other denominations there are exceptions to this rule, notably the wartime nickel.
ELEVENTH ACTION — PLACE the coins in the correct piles, starting with the lowest date on the left. All mint-mark coins should be stacked FACE UP in the far center, slightly to the right, building stacks of about 15 coins.
TWELFTH ACTION — Scoop up the stacks of coins into tubes and label each tube as you fill and cap it.
Now all that remains is to store the tubes in boxes until they are needed. I’ll now do a step-by-step rundown on how to handle the coins from search to sale: Continue reading →
If you ask me, what’s my best grading skill-builder, I’d have no hesitation in saying that it’s my 1940-1958 “s” mint-mark pennies, that range all the way from G4 to AU-57 and sometimes MS-60 BN, which is common enough to make mention of it.
The BEST GRADING SKILL BUILDER comes in packs of 100 coins at $25 per package, just a hair below my actual cost of acquisition of those coins.
Sure, I lose in the short run, but I assure you that I DO make it up in volume, and it’s not about net profit, it’s all about cash-flow, as any accountant will tell you.
If you’re planning on using these coins to help others gain these skills, you don’t sort or pre-sort these coins, except to build your own skills — they should be poured out onto the table for the trainee just as they came to you in the plastic ziplock baggie. Continue reading →
Okay, you have a bag of “wheaties”, which means a bag of Lincoln Wheat-Ear Back One Cent pieces from one of three U.S. mints — Philadelphia, Denver and San Francisco.
Of the three, you could always count on the mint in San Francisco to develop lots of mint errors, notably involving the mint-mark.
In the Philadelphia coins, there are no mint-marks, but on the other hand, there are lots of opportunities to strike it rich with DDOs, which is to say, “Doubled-Die Obverse” errors, which means that the die got struck twice during the creation of the die from the HUB — it’s all very complicated, but you can find out about the process by reading the Mega Red coin book, which I think you’ll find surprisingly good reading, if you’re at all interested in the history of the coins and the mints that made them AND the horses they rode in on!
You’re dealing here with circulation coins, not special coins issued by the mint to make money for the politicians, such as the “proof sets” and “eagles” and special issue “collectible” gold coins, and other equally miserable excuses for collectibles.
If you mark something as “collectible” and everybody collects them and keeps them totally intact and pristine and mint-condition, guess what? They’re not collectible at all, because scarcity is a powerful driver in the collectibles market, and that’s just not there when everybody has one. Continue reading →
Okay, here’s my entry into the coinology marketing field:
GORBY’S PENNY PROSPECTOR
It’s a packet, pouch, box or clear bag with a bunch of ordinary wheaties pennies — a carefully calculated mix of teens, twenties and thirties Lincoln Wheat cents.
Please note that I have avoided the nicer-looking but generally worthless later Lincoln cents, the forties and fifties. You can buy them by the shovelful in mint condition for very little, so why muck about looking for and through them for the coins you really want?
My thought is that the price would be slightly different for a bag of 1910’s, 1920’s and 1930’s pennies, but like a crackerjack box, each bag is GUARANTEED to contain at least one, and sometimes two or three, PREMIUM COINS. Continue reading →
What is a “Gorby’s Penny-Picker Cash Cow”, and why would I want one?
Okay, fair question, and here’s the best answer I can give you at the moment — a Penny Picker Cash Cow is a fair booth. Of course, it can be applied anywhere, in a store, apartment or traveling bus.
First of all, don’t bother to register the concept — it’s not new, but it might be new to you, which is, technically, new.
So, of what precisely does a Penny Picker Cash Cow consist?
First of all, shouldn’t you be asking whether this Cash Cow is a Work Thing or a Business Thing?
Well, it’s both. You earn a livelihood from your Bodhisattva work, and it takes several very specific forms — obtaining coins, sorting coins, searching coins, grading coins, packaging coins, selling coins and teaching coin search to others.
When you send in your $450, I buy a bag of wheaties and search them to cherry-pick anything EF and above, and put those in a different container. The lesser quality coins are placed in your “Search Bag” or “Go Fish Bowl” in your fair booth or shop or waiting room. Continue reading →