How to Price your Coin Rings, and other crafts!

In this video, while I make a Morgan Silver Dollar Coin Ring, I'll discuss how to set a reasonable price for the finished product without cheating your customers or yourself!
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[@robbuck8703]

Exactly how I do mine. This is a great hobby for me and my sister sells my rings at the farmers markets in kalamazoo michigan

[@pauly7218]

That sounds like a wonderful setup

[@charleshanks6210]

I have had an interest in making coin rings for years. I have watched many KZbin videos on how to do it. I have made over a dozen clad coin rings from quarters, half dollars and one-dollar coins. They all turned out great. I surprised myself at how well they turned out right out of the gate. However, I attempted to make my first silver ring from a 1945, 90% silver, George Washington quarter. The quarter was worn, and the reed edge had a slight ding. I annealed the coin and punched a 3/8” hole using a self-centering punch. Cleaned the inside cut edge with a deburring tool, half-round file, and 1k sandpaper. Re-annealed the coin and placed the coin in a 17degree die. Centered it up, placed a 17degree cone in the hole and slowly made the first fold. Re-annealed the coin, placed it back in the die and slowly pressed the cone into the die and folded the reed edge around the cone. Removed the coin from the die and noticed the coin was a little wonky on the reed edge and had a small crack in the wonk. At this point I figured the damage was done and decided to see just how far I could push my luck. I re-annealed the coin and stretched it to a size seven. Re-annealed the coin and sized both edges to a size five. Re-annealed the coin and attempted to resize back up to a size seven… That’s when it popped. Question being, was it the coin or was it me? Thanks, in advance!

[@pauly7218]

The Coin for sure. Most of us call Washingtons "Wonkingtons".... Sound like you did it all right, but sometimes you just get a bum coin...

[@turboecoinrings6839]

Great explanation Paul. That was one of the hardest thing for me to decide when I got started. You don't want to low-ball yourself and at the same time give your time, skill, hard work away for free and it does take time to learn the craft and the only way to get better is practice which I have more to learn myself. Have a good day.

[@michaelthaynes5252]

Good morning Paul. Im glad you made another coin ring video. You do some great work on what you do. You have taught me a lot about the craft and I can't wait to do some powder coating on some coins. Have a great holiday. Peace tad

[@davidbeeson1178]

Very cool, you have it all worked out to a T. Doing the work and everything else that's involved with it.

[@RichardDavidMichael]

Good job, Paul. Great to see you doing coin ring videos again.

[@pauly7218]

More to come! I'll be filming some ring stuff this weekend...

[@markdukeshire4812]

Value your work. Great words and a great reminder. So glad I stumbled upon this!

[@pauly7218]

Glad it was helpful!

[@shawngee5481]

Very informative Paul! I've been watching for a few years now, and I love your work! Where do you get your ring cases at? Some are to big...the one you use is perfect! Keep the videos coming!

[@ChrisJ-mf7cj]

I almost lost my mind when I heard you say “$26 per 1921 Morgan silver dollar!” And then I saw this video was made in 2020 and hat makes since. Still hurts when you look back at how cheap a good looking coin was back then. But makes sense. Great ring. Awesome eye for detail and the job. Congrats man.

[@pauly7218]

I'm paying over $40 these days, probably closer to $50.

[@CoinRingMaker]

Fantastic video, thanks!

[@pauly7218]

My pleasure!

[@udorechner6846]

Hello Paul, very interesting to hear about how to price projects.

[@pauly7218]

Glad you enjoyed it

[@chargoldsmith5112]

Great video, you posted just in time as I’m getting ready to purchase one from you Paul. I see others but, I want one from you because you do beautiful work! I appreciate your perfection in your coin rings as well as your die casts. Happy thanksgiving to you and Reggi! 🦃

[@pauly7218]

Text me before ordering. 702-334-7077

[@chargoldsmith5112]

@@pauly7218 I certainly will. I am super excited about having you make me a ring, I have been wanting one for so long and I finally have the opportunity to do it.

[@chipwoodin9060]

Great video Paul Helps alot

[@pauly7218]

Glad to hear it

[@JTCoinRings]

Excellent video, thanks for putting it together..

[@pauly7218]

Hold on to your hat! So many more ring videos are heading your way!

[@leegoldeneagle9003]

Very. Nice. Thanks 👍. Brother 😁. Love. All. Videos.

[@alancook2752]

You are right they don't think there time or knowledge is worth anything .I mainly sell at craft fairs where it is a impulse buy

[@johnridge8041]

I don't know if you're familiar with Johnny Fudd at Fudd's Coin rings he also has an awesome channel just like yours. You to should get together and do a coin ring collaboration video you both have very similar personalities and are true craftsmen.

[@THROTTLEPOWER]

Nice video Paul.......................Happy Thanksgiving! 🦃

[@pauly7218]

Same to you!

[@redratcrawford]

How did you determine the pricing at 10 cent for each item that was used ? Maybe i missed that at some point in the video, if not would you be kind enough to give an explanation how to determine pricing those items used. Please and thank you.

[@JeffreySteinmann]

Hey how do ya make powder coat brush

[@joscoins]

Where do you buy the little canisters for a .30 cent's?

[@kristinmarie2257]

Where did you acquire that press? What's the brand? Or did you make it?

[@mikeandrews4944]

What kind of coin press please. I enjoy all of these videos-Mike

[@Mass-jab-death-2025]

Can you custom make a coin ring for me ? I want mine flat and round with no hole in the centre. Many thanks.

[@marcusmckenzie9528]

great video Kind Sir! just getting into researching coin ring making. thank you for your time, wisdom, knowledge, and, best efforts.. As an aside, I absolutely love that wooden tool chest you have situated on your workbench!

[@Joe-ql6nn]

Harbor Freight for the wooden tool chest

[@paulgalloway3844]

I have a question. If I anneal a coin, can I leave it for a period of time and work on it later? If I annealed a coin and didn't get around to working with it for say a week or so do I need to anneal it again or does it stay pliable until I work it?

[@pauly7218]

Yes. Annealing changes the molecular structure of the metal. It only goes back the way it was by working it. Hope that helps...

[@paulgalloway3844]

@@pauly7218 Thank you so much. It is a big help. Love your videos!

[@alancook2752]

You usually have to anneal the coin 3or4 times during the process

[@diecastsheriff817]

I don't make coin rings, but I do have a large coin collection... Guess I just wanted to see gow much one of those suckers go for 😂

[@fredpenner5667]

Hey Paul,, greetings from the Great White North! Just wondering how you would price an inexpensive coin ring made from say a quarter that doesn't have any significant collector value. All the best and thanks.

[@pauly7218]

Use the same pricing system but essentially just drop cost to a few bucks, and for me, I would also drop my labor a bit as these small rings are fast and easy to make.

[@fredpenner5667]

@@pauly7218 Thank you for this information sir. Have a good Saturday.

[@joscoins]

priceing?

[@tobbywilson1760]

I though it was illegal to destroy currency?

[@mikereyes1956]

It's only illegal if you try to change the value. For instance trying to make a nickel into a quarter.

[@pauly7218]

Totally legal for things like art, crafts, jewelry...

[@lindawallace6750]

Too much

[@chrissaayman1929]

Hello paul were can i contact you

[@pauly7218]

[e-mail]