COINMASTER1's FIRST POST CONTEST!

teehee..639

 

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Thanks. I have graded coins for a year or so now. I have, for the past five years, read and read almost any book about United States coins you can imagine, and it has paid off, because I now know almost everything imagineable about U.S. Coins that a person can find.

 

This I find a little difficult to believe. I have been studying this hobby for years and there are people who have forgotten more about coins than I know. Some of them on this very forum.

This reminds me of another young (very self-assured) gentleman who came in to this forum guns-a-blazing about how much he knew. It's not a classy move, and in truth he knew very little.

There are many nice people here who are more than happy to share their knowledge and I hope that in the future we may be able to count you among them, but the best way to demonstrate your knowledge is by sharing it rather than trumpeting its existence. People here will quickly give you credit. You don't need to tout your own skills, they will become apparent (either good or bad) in a fairly short period of time to everyone.

 

So your 12 years old an have your own grading company?

 

exactly what I was thinking!

 

yeah. people sometimes think it's a little weird that i own my own businesses, such as NCAS. in my opinion, and in the opinion of my customers, I grade coins, and complete collections, well.

 

Here are some more pictures everybody!

 

I think I have mixed feelings about this.
You are 12, and you OWN a grading company.
I mean, I suppose anybody could do it, but I have to ask, do you actually get people sending coins in to you for grading? Do you have any guarantees about the grade and the color of the coin? Do you even identify the color of the coin, such as BN, RB, and RD on a Lincoln Cent? Do you have your own grading standards, or do you use somebody else's?

 

The company is not registered in the U.S Patent Legal Office. usually I just find people who need large collections graded and I grade them for them. I use my own grading standards, and yes I do identify the color on the coin. The penny being given away was one of my first coins graded, a specimen for my company to see how a slab would look, so the color is not identified, but if you'd like to know it would be MS-62RD. eventually I would grade coins and put them in stapled 2x2s then sealed acid-free coin envelopes. Based on the changes in grading standards every few years, there is no guarantee on the grade, but the color, yes.

 

I'm not aware of business requirements and legal ramifications, but would being registered in the U.S. Patent Legal Office be a good thing?
Do you actually have a customer base, one to at least come out with a profit?
And your profit base, take offense to this if you want, has to be people you know, or people that don't know enough about coins to understand grading. I could open up my own grading company right now, and use 2x2's, heck I could even self slab. Using your own grading standards is another thing. Even with 5 years of experience, how well do you think you are in a subjective field that has proven to be an art? Do you plan to expand?
And about how many coins has your company graded?

 

Contest Guess: 545

 

I don't think we should blast him for doing this. I think it's pretty neat a 12 year old can do this. How many of us could of even though of starting a TPG when we were 12?

 

I don't think it is so much of a blast as it is curiosity and somewhat suspicion.
I started the hobby when I was 13, and I thought I knew it all and could do everything then as well.
Hey, if he knows as much as he says he does, more power to him, but nowadays you have to be somewhat suspicious, due to all the BNB-like characters and trolls.

 

I agree, I think it's cool that a 12 year old has taken the time and effort to learn so much about this hobby. And is now starting a business based on his knowledge and initiative. Ain't America great?

You've also been truthful, you admitted you're 12 years old, probably not great for instilling confidence in the potential buyers on this site, but at least you are honest. Integrity is everything, if you are to succeed in business.

Good luck to ya!

 

You seem to be taking the criticism well (that shows charcter) so I will hazard a guess: 414

I admire your confidence. If your company works out then great, if not then either way you will have learned something. Don't be too discouraged if it dosen't though most new business's fail to earn a profit.

 

Nice attitude guys!

 

Some serious 'hating' in this thread. Not sure he has done anything to deserve it either.

I guess 1.

 

You know what, you guys are right.
My posts could seem to come off a tad hasty and quick to judge.
He hasn't done anything but it is my first instinct from what I've seen on forums to do what I did.
coinmaster1, if you have the knowledge, don't be afraid to show it here, I admire that you are a YN and you seem very eager to do new things.
Reminds me of somebody...

 

I've been following this thread, read all the posts to date, haven't found much to reply to myself, but would hate to see the division suggested by presuming anyone has a negative attitude due to being overtly direct with inquiries. It's easy to assume that pointedness is hateful but sometimes you have to ride it out a little while to see where things go with the discourse. Everyone should strive to succeed in their endeavors and dreams, but must also learn to take all sort of criticism and be equally constructive in giving it as well as taking it. How else can we perfect our perspectives and work if we do not hear candidly what one another thinks of us and our ideas. I have no constructive criticism to offer about the original post, the grading company, etc. but I was doubtful enough of the original post to have withheld comment (until now) or made any guess per the contest. However, I do love joining in most CT contests, even won several of them myself in the past year, but will not be entering this one. Good luck guys!

 

Life is a great learning tool, if one accepts the lessons. At a young age, I felt things were relatively simple. Won awards and notice and felt I knew the rules of life and all the future would be the same. But....although my professors always would mention the phrase " there are a few exceptions....", I didn't realize that the "exceptions" would be the more important points. We usually find them by experience or study. Just to take a simple example , it is not too hard to grade a Morgan from the books and descriptions, but to understand the effects of luster, strikes, differences between the mints, on the grading takes a lot of observation and study of hundreds or thousands of coins. This is true for almost all series of coins.

For some "young" collectors, this might seem like old persons advice, but I still feel like I need to share it. One must master the exceptions to truly be a master of any subject or skill. I will get off the podium now

Jim