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A Review on the Coin Industry Thus Far.. by BNB
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<p>[QUOTE="BNB Analytics, post: 721696, member: 20117"]I'm feeling VERY creative right now.</p><p><br /></p><p>In this objective report, I will discuss everything I know so far and have learned so far while being a very active participant in the coin industry.</p><p><br /></p><p>I have met people like Illini, Charmy, Mr Organic, many dealers, and the world of Coin Talk.</p><p><br /></p><p>Since this report will be objective, I will not over glossify anyone/anything just for my own validation purposes.</p><p><br /></p><p>Ok, let's start. Grab my hand, and let's take a wonderful imaginative stroll through the world of coins...</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>What we're looking at is a world filled with the ebb and flows of buying and selling. Greed, personal gain, loss, trust, betrayal, and more!</p><p><br /></p><p><br /></p><p>When I first started in this industry, I clearly made it known to everyone that I was an investor coming from a very strong background(over 5 years) in the financial markets. Many didn't like the new guy in town because he represented something very different than most, but eventually, acceptance came when I started understanding you, the coin enthusiast.</p><p><br /></p><p>As weeks/months went by , I started attending shows, buying coins, selling a few duds, and spent most my time occupied talking with Illini over the phone about coins or picking the brains of dealers at shows..</p><p><br /></p><p>I just lived and breathed coins as my life support for months.</p><p><br /></p><p>Eventually, I got every coin (well except for a 3 leg buffalo off heritatge the other night) that I locked my eyes on before getting involved here. A lot of coins were thrown at me and after doing limited research on them, I took the bite.</p><p><br /></p><p>Now, I am here with some very beautiful key date/semi key date coins that a lot of people wish they could have. I feel great, or do I?</p><p><br /></p><p>In coins, just like in marketing and sales, there will always ALWAYS be the next big thing. It's a recurring process that never ever stops. This year was a UHR gold eagle, next year it'll be something else. It hooks us. We are like dogs in a way salivating at the mouth for the next coin. Well, most of us are anyway.</p><p><br /></p><p>Coins can be a world of great if you look hard enough for the gems. They exist, everyone told me I couldn't buy for bid and get nice coins, well, I did and I have living proof of it! So that's possible, not common, but possible.</p><p><br /></p><p>Now, don't get me wrong, coins are great, they're dealers out there(many) that are nice and fair, but.. there is a dark side to the industry to.</p><p><br /></p><p>At this point of the post, I respectfully ask Illini420 to come to the thread and share some of the dark sides of the industry so this report can be fair and balanced.</p><p><br /></p><p>Illini, share with us what experiences you've had with dealers, buyers, fakes, or whatever that you'd like to share. </p><p><br /></p><p>This is going to be a wiki style report. I'd like people to add their stories and experiences to this thread so we can create a well rounded perspective on the coin industry thus far.</p><p><br /></p><p>It can be a great industry filled with infinite reward given the money situation, but also a very deceptive/greed filled one. Let's see where this goes.</p><p><br /></p><p>Thanks and continue from here.... </p><p><br /></p><p>BNB[/QUOTE]</p><p><br /></p>
[QUOTE="BNB Analytics, post: 721696, member: 20117"]I'm feeling VERY creative right now. In this objective report, I will discuss everything I know so far and have learned so far while being a very active participant in the coin industry. I have met people like Illini, Charmy, Mr Organic, many dealers, and the world of Coin Talk. Since this report will be objective, I will not over glossify anyone/anything just for my own validation purposes. Ok, let's start. Grab my hand, and let's take a wonderful imaginative stroll through the world of coins... What we're looking at is a world filled with the ebb and flows of buying and selling. Greed, personal gain, loss, trust, betrayal, and more! When I first started in this industry, I clearly made it known to everyone that I was an investor coming from a very strong background(over 5 years) in the financial markets. Many didn't like the new guy in town because he represented something very different than most, but eventually, acceptance came when I started understanding you, the coin enthusiast. As weeks/months went by , I started attending shows, buying coins, selling a few duds, and spent most my time occupied talking with Illini over the phone about coins or picking the brains of dealers at shows.. I just lived and breathed coins as my life support for months. Eventually, I got every coin (well except for a 3 leg buffalo off heritatge the other night) that I locked my eyes on before getting involved here. A lot of coins were thrown at me and after doing limited research on them, I took the bite. Now, I am here with some very beautiful key date/semi key date coins that a lot of people wish they could have. I feel great, or do I? In coins, just like in marketing and sales, there will always ALWAYS be the next big thing. It's a recurring process that never ever stops. This year was a UHR gold eagle, next year it'll be something else. It hooks us. We are like dogs in a way salivating at the mouth for the next coin. Well, most of us are anyway. Coins can be a world of great if you look hard enough for the gems. They exist, everyone told me I couldn't buy for bid and get nice coins, well, I did and I have living proof of it! So that's possible, not common, but possible. Now, don't get me wrong, coins are great, they're dealers out there(many) that are nice and fair, but.. there is a dark side to the industry to. At this point of the post, I respectfully ask Illini420 to come to the thread and share some of the dark sides of the industry so this report can be fair and balanced. Illini, share with us what experiences you've had with dealers, buyers, fakes, or whatever that you'd like to share. This is going to be a wiki style report. I'd like people to add their stories and experiences to this thread so we can create a well rounded perspective on the coin industry thus far. It can be a great industry filled with infinite reward given the money situation, but also a very deceptive/greed filled one. Let's see where this goes. Thanks and continue from here.... BNB[/QUOTE]
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