Question about coin broker

Discussion in 'Coin Chat' started by Aslpride, Jul 9, 2012.

  1. Blaubart

    Blaubart Melt Value = 4.50

    I think the obstacles between ASL and the sign languages used by other countries are not the languages they are based on, but rather that they chose different gestures to communicate with.

    The part about syntax is spot on, and that is why many people who learned ASL first and English second have a hard time writing and speaking gramatically correct English. The way Aslpride writes is almost identical to the way a good friend of mine who is deaf writes. (And very close to anyone still learning English as a second language for that matter)
     
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  3. BUncirculated

    BUncirculated Well-Known Member

    You're partially correct on that, as those gestures are related to words in the language of that country and the same sign used in both the U.S. and another country will have completely different meanings to one another. Hence why sign language is not universal.

    Exactly correct.
     
  4. GDJMSP

    GDJMSP Numismatist Moderator

    Enough about the language issue ! Drop it. Keep your comments to the thread topic.
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    Let me put it this way, you have a long hard road ahead of you. In order to be effective at what you want to do you have to learn a ton first. Can you do it ? Maybe, I don't know because I do not know you. But I would say at the bare minimum that you will need more than a few years of study and experience.

    Think of any trade, any job. All of them have requirements that you must go through before you are even considered as being capable of doing that job. A plumber, am electrician, a carpenter, whatever - all of them have a 4 year hands on apprenticeship program plus regular classes that you must complete to even become a beginner tradesman. To become a Master usually requires many more years and more classes. Doctors, lawyers, dentists - any professional - requires at least 6 years of study and often 8 to just become a beginner.

    Well, being a coin broker, I would say you need to double that - at least. There is just too much to learn.

    I've spent 50 years studying coins, and I would say that maybe, only maybe could I do it.
     
  6. softmentor

    softmentor Well-Known Member

    ASLpride, I hope and trust that you are not letting the patter of people less informed deter you from your interest. We have gotten waaaaay off point. The point about writing has been made and beat, or is that beet, to death.:dead-horse:As a coin broker you will, of course, be the interface, dealing with others outside the community, so it is one point of many, many things that will help you. If you would like someone to help you by editing your written communications I would be glad to help as time permits. Just Private Message (PM) me the text and I'll send back my suggestions. My wife is a professional editor, and perhaps she can help too, as needed or requested.

    I very much like the suggestion of joining ASA and taking classes. You can benefit a lot from them and make good contacts at the same time.

    Perhaps the best suggestion, though, is to develop relationships with brokers who are working and successful. They will be your most helpful guides and will also likely become business associates. As with anything, there will be those who are not willing to help and some good ones who will. Take the time to find the good ones and cultivate those relationships.

    Your experience with other collectables will be useful, as you add coins to your list of qualifications. Coins though, are more complicated and of course there is a whole new body of knowledge to be gained, so keep digging in and you will do well. The fact that you are here, asking about being a broker, not suggesting you are one, tells me that you are on a good course, asking questions, seeking information, learning about what it takes, so that you can do well as you pursue this work.

    It is a good thing you are wanting to do. Do it with excellence!
     
  7. beachbum99

    beachbum99 Member

    interesting topic...
     
  8. softmentor

    softmentor Well-Known Member

    Oups, sorry GDJMSP you posted while I was composing my note. Didn't see this til I was done.
    I agree!
     
  9. Aslpride

    Aslpride Active Member

    Hello everyone, I appreciated with your support on ASL. Our moderators has put it stop. Let you know that H8 modern and I has clear up our discussion in private. All is good. Tonight, I will focus on comments who discuss on my original question and we will continue from there. :)
     
  10. Kirkuleez

    Kirkuleez 80 proof

    I think that you took the first baby steps toward your goal.

    Read all that you can on photography, grading, counterfeit detection and trading precious metals. Then, become friends with all of the dealers, collectors and investors that you can. It is not unusual for dealers to allow other people to market some select coins for them and if you can match a coin with a collector or investor at a profit, you are a broker. The nuts and bolts of it are that simple, but putting all of these thing together is the hard part.
     
  11. Aslpride

    Aslpride Active Member

    I am back, this one is my behind task. Let’s go back to the original question. I am going to follow up on people who discuss on my original question.


    kirkuleez: My most concern is fair fees in transaction for buyers. Marketing fluctuations is somewhat easy to follow up with eBay, auction in different sites and complete sales by coin dealers. To find investors and collection isn’t easy as I know. :)


    softmentor: Yes, I agree that I need to know my stuffs by knowing the varieties of coins existence and able to answer any questions buyers request. It will look bad if I say, “Umm”. One of my teacher from ITT did said that the worst thing you can say in else where is “Umm” in conversation. It will tell them that you don’t know your stuff! :) I am glad you able to meet a deaf person to get know as first hand. Yes, I should use MS to correct my spelling and grammar. That’s mean I will need to open that program then copy and paste it. Maybe it would be good idea in long term. :)


    JCB1983: Wonder if you did learn ASL? I am being a deaf person since I was born and all of my family are deaf as well. Nice to meet you.


    fretboard: Yes, I got a lot of advice to hook up with ANA and take the courses. I am still pursue courses, but of course money is always issue. Unless I strike some coins in high grade that can pay for tuitions. It would be nice.


    Doug: You asked me a question, “Can I do it?” My answer is yes. Positive in my learning is I learn fast. Past three months were my crash course because I learned too many and I know there are more to learn. Only reason why I learn a lot in short time is because I am really interesting in coins as comic books and sports cards. How I handle the coins just like I handle the comic books and sports cards. My handle typical being careful. As I just start research on coins, I still cringe when someone hold coins’ surface. It’s like holding sports cards on surface instead on edge. Basically, most of collecting styles are similar between coins, comic books and sports cards. Only different is knowledge in each category. Coins is new field and I really enjoy in that field. To become a coin broker is intriguing me. Asking questions are best way to increase knowledge. I agree there are years of learning to qualify in different categories. Relate to “collecting”, I have over 22 years of experience, but into coins, it’s just a being for me. I think it’s important is enjoy the job. I think I did really enjoy learning relate to coins and be around in this forums. I will see what future will be in coin collecting for me.


    softmentor(2nd comment): Thank you for offer. I appreciate it. I just need to give it a little more effort to reread my typing. Most of time I usually don’t double check and I realized that it might not fair for someone to work around on what I am trying to say.


    Your recommend is same as others to join organization to improve my knowledge in coins. You are right coins are complicate due to endless variety, especially VAMworld for Morgan and Peace coins. Right now, I am start one personal coin collecting. It’s IKE. I start reading more and more about IKE and it’s condition sensitive during three months. Last month, I decide to do IKE coins as my first collecting. It’s enjoyable and I learned more about FEV, King of IKE, 1974 D Silver, etc. It’s seems more cheaper to start collect IKE at this time as Morgan and Peace or any silver coins are out of picture for now. I don’t think I can complete any of those silver coins at my current salary. :)


    Kirkuleez(2nd comment): Now you brought up a subject, “counterfeit detection”. Is there any sites or books that have details on that subject? I have read few threads regarding to that subject and it’s really important to be aware of that. It will benefit for buyers to avoid bad reputation. I agree with your last sentence.
     
  12. Kirkuleez

    Kirkuleez 80 proof

    PCGS has a good book about counterfeit detection, but it may be necessary to learn specific diagnostics on several series of coins to keep up with todays counterfeiters. Some of them are so good that they confuse TPGs. Although they would never admit it, I'm sure that more than a few counterfeit coins have been authenticated by every major TPG. Hey, nobody's perfect.
     
  13. GDJMSP

    GDJMSP Numismatist Moderator

    Anyone "can" do it, meaning at some point in the future. But my use of the word "can" meant can you do it right now ? The answer to that is no you cannot.

    But if you put forth the effort, spend the time required to study and gain the experience, sure you can do it. But unless you are truly the exception to the rule, and they are very few and far between, it will be many, many years before you reach that point.

    But I wish you luck on your journey ;)
     
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