How to learn about the coin industry

can anyone take me under their wing and teach me more about the coin business? Or does anyone have any idea of how to get more experience in the coin industry?

 

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What do you think you want to do with coins? That’s a pretty broad question.

 

read coin books, look at many many many coins. learn how to grade coins. ask a lot of questions about coins. Coin collecting is a lifetime hobby. experience takes time. you will get burned on some coins... it's part of the learning process. after 15-20+ years you get a feel for the market.

 

I would like to learn the ins and outs of how to grade coins. I have been collecting since I was 10 on my own. I just wish I had that grandfather that could take me to conventions and really teach me the business...thank you for replying

 

Yes, I've been doing all of that, BUT, I have no ability to look at many coins

 

Consider going to coin shows. Lots of coins to look at there. The ANA has distance courses for grading, etc. you could take.

 

I'll try that, but I need to make some money first. I really wish I knew someone like a dealer that wouldn't mind me working with them...I'd do it for free just to learn a thing or two. Thanks for your reply

 

See if there's a coin club in your area, a google search should find one if it's there.

 

Hey Devcoin just take your time and enjoy the hobby.I am restarting my collection and I been collecting since I was 6 years old.Thanks for joining us here at coin talk.
Thanks,
icollectoldmoney

 

Read, ask, look at many many coins. If you have the will, the knowledge will grow. If you can afford it I would also highly recommend attending the ANA summer seminar in Colorado Springs in June. It's two seperate weeks of highly intensive courses. You can take one course each week or only one course for one week. The grading courses are taught by former & current TPG graders. Take beginning grading the first week and intermediate grading the next week. Then the year after that take advanced grading one week and counterfeit detection the second. It isn't cheap but it is an educational experience like none other. It costs about $1,000 per week and that includes room and board.

 

go to coin shows in your area. some bigger shows usually have grading seminars.

 

You can look at thousands and thousands of coins on the Internet. Find a few issues that interest you, find a place with good photos to see them (e.g. websites, eBay, auction sites, PCGS and NGC price guides), see how the luster looks, see the strikes and see the values. Read about the history. You can do all that at home.

 

One of the most important (and imo, the most difficult) areas to learn in the coin "industry" is grading. May I suggest to get a copy of this paperback...and read it front to back. Welcome to CT. Best collecting to all!
https://www.amazon.com/Art-Science-...=8-1&keywords=art+and+science+of+coin+grading

 

But there are many organizations that provide scholarships for the Summer Seminars.

 

True!

 

Open a coin store.

There is no faster and thorough way to learn the biz.