Interview with a Coin Shop Owner. Are all old coins valuable?

[@johnbyrne2127]

Coin guy is truly a man of wisdom and good old fashioned common sense....

[@IMDunn-oy9cd]

As a woodworker, I can attest that the work on that assortment of items is extremely good. Beautiful.

[@TheQuickSilver101]

When I was a kid I was with my dad when he bought a collection of coins at auction. In with the random assortment of coins was a collection of cigar wrappers and cloth inserts (I don't know the technical term but they were printed cloth decorations). I still have them decades later. Always enjoy these chat with Coin Guy. Thank you, sir!

[@tokenthoughts5978]

Love the Coin Guy videos. About a hundred years ago my family owned three different small cigar factories in Cuba. The bands started out as utilitarian to lessen cigar smell on the fingers. They became the perfect advertising medium and so they began to be made flashier so that the smokers could identify their favorite brand from across the room. It also provided manufacturing information to prevent fakes. Eventually, just like cigarette cards manufacturers added historical and art series in order to entice the smoker to have to keep buying the same brand in order to complete a set. In my collections I specialize in Napoleon cigar bands which was a popular theme.

[@shrekylou]

I love Coin Guy videos. Keep em coming!

[@davidaustrian9455]

The coin guy rules.

[@allancolegrove2874]

Yes

[@daviswall3319]

Indeed

[@VeteranStacker]

The band on cigars were to protect women’s gloves while smoking. They quickly became a form of advertising.

[@JoeJohn777]

Also the mens!

[@blenz25]

One of the best episodes right here

[@jenette16]

I'm surprised Guy's shop isn't always full of peeps just visiting him. My parents had a small gas/grocery store when I was young. She had a gift for gab and was very knowledgeable, like Guy. The store always had several regulars just standing around visiting. Ya just enjoy listening to Guy, a gem

[@Chipsush]

Coin guy definitely makes my Friday better 😄

[@Jimboslice0420]

"Trading places"was the movie with a run on orange juice starring Dan Aykroyd and Eddie Murphy

[@JasonParker_114]

Don’t forget Jamie lee Curtis!!,😍🥰😍🥰

[@JohnnyUrbanWoodsmen]

Its one of my favorite movies. "It was the Dukes, it was the Dukes"

[@martinharris7197]

Great movie. Remember it well

[@WolfGirl72-n5g]

"Those men wanted to have sex with me "

[@muttonchops7630]

Thank you Speg, Coin Guy is awesome

[@cyberleaderandy1]

This guy gets more famous all the time and rightfully so. Gotta love a Guy vid 🙂

[@tntcyclespdx]

Spegtacular is awesome but theres something extra special about the Coin Guy videos. I hope you both have a wonderful Independence Day.

[@derekjager4697]

A pound of black pepper is worth the same amount as 800 eggs....wow that's crazy.

[@5ringsaudits]

Black pepper was worth more than gold back in the day...

[@horstdouglas1]

I thought the same thing, must have been rare and hard to get

[@monetarnie3841]

Don't forget the salt in medieval Europe :)

[@ProjectEric2024]

Guy is the greatest. He always gives it to you like he sees it. Thanks, Speg.

[@METALMAN4Wii]

Coin Guy has a smart business he can sell off his inventory for 70% of its value and probably have around a million to retire. can't say that with most others especially the restaurant industry if they go broke that's it.

[@horstdouglas1]

You are correct

[@METALMAN4Wii]

@@horstdouglas1 That's why he carries a gun also it's Florida.

[@horstdouglas1]

@@METALMAN4Wii I owned a family restaurant, I was agreeing with you🤣

[@METALMAN4Wii]

@@horstdouglas1 Yeah that's a hard business, competition rising food costs rising wages food waste cost. that's why you gotta charge $10 for a cheeseburger that costs you $2.

[@crystalkim7130]

Yay coin guy! Thanks Speg! Was happy to see him 😊

[@lennywright5655]

20:01 love that Trading Places reference, my mom used to showed that movie to her High School students to help explain the stock market. One of Eddie Murphy and Dan Aykroyd’s best (classic) 👍

[@AlohaStacker]

Thanks Speg another great interview! Don’t know anything about the cigars… Love the Commemoratives and you picked a great one!

[@TheRecordNut]

From what I've seen with proof coins graded 69, although they may be designated as having Deep Cameo, the relief usually isn't quite frosty white and/ or some slight details may be missing

[@johnbyrne2127]

Coin guy is a wise old Owl.🦉

[@mikeobrien4437]

Love the "Coin Guy" He needs silver rounds with him on them!

[@ricke.2205]

Hey Coin Guy! Hey Speg! . . . Great video. It's guys like you that are keeping America great.

[@lindanelson8400]

I'm not a commemorative collector either, but I do collect the things I like when I see them, and I had the same reaction when I saw one of the Old San Francisco Mint commemoratives. That Heraldic Eagle hit my impulse button, and I bought it. I don't even remember what I paid for it. I just like it.

[@michaelgraybill223]

Love turning different projects on my lathe, that's really awesome work.

[@terrisuitor5441]

Love this guy! Thanks for the great interview!

[@slayerstacker2074]

That is a beautiful coin you picked up from Coin Guy.

[@myrongunnar1518]

Love the Coin Guy! I think he speaks for Real America!! Love you Coin Guy!!

[@michaelrosenberg4031]

I love your videos with coin guy he’s such a good guy. Please keep making them.

[@ClassicalNumismatics]

Something the Coin Guy hasnt though about is that these hoards dont always hit the market. This particular hoard in Spain was aprehended by the Spanish Government, and will never make it to collectors. The fact ancients are affordable has to do a lot with the fact the niche is smaller, but also that we often underestimate the ancient peoples, particularly so the Romans. They had many hundreds of years to mint coins, multiple mints, it was a major state enterprise, and Im not exaggerating when I say they minted multiple billions of coins. A lot of these coins have reached our days, so the supply is surprisingly big. If you have interest in digging a bit deeper on ancients, I'd be glad to share some of my knowledge :)

[@papytwth]

That old mint silver dollar was a sweet pickup.

[@jimmyjams5488]

Love the channel and love episodes with coin guy. Very informative and an awesome personality. Keep up the great content fellas.

[@Spegtacular]

Thank you James!

[@cutlerylover]

A cigar band started for women so their white gloves wouldn't turn brown from tar while smoking but makers quickly realized it was not only a good way to advertise but to have a look that sets your cigars apart from others :) people often will smoke to the band but many cigars guys remove it and smoke all the way down until the nub gets too hot to enjoy...Coll collection I have a book just like it with all the cigars ive smoked its fun to look back at it...

[@saltwatersaddletramp7229]

I have a few modern commemorative coins that I purchased from Guy. I have built a pretty nice collection of commemorative dollars. Most of them are pretty reasonably priced. They certainly make a beautiful collection.

[@antoniolen-rios8482]

God bless America and God bless Coin Guy.

[@kolekcininkas]

Awesome interview like always. Thank you. You make my day !

[@douglaswilliams6834]

I've always wanted an Athena Owl Tetradrachm, and will buy one someday.

[@bubbacade6787]

Cigar bands were made to keep a gentleman's glove clean while smoking a cigar. (Victorian era) Of course the fancier and more elaborate the band, the higher the perceived quality and advertising to purchase a particular product.

[@coindog6744]

A plethora of knowledge and education! You guys are Awesome!

[@biggusdoggus5909]

HAPPY 4TH OF JULY and God Bless you too Coin Guy. Great price on the 1.5 oz Canadian coins. Great San Francisco comm. Dollar Speg.

[@Spegtacular]

Thank you! God bless

[@biggusdoggus5909]

@@Spegtacular YW

[@TassieCoinHunter]

Love The Coin GUY 😛😛😛

[@oscarespinoza6523]

Coin guy spitting out knowledge! Love that guy....

[@johndunbar2393]

The problem with selling Peace dollars and Morgans is, just like Coin Guy, they only want to pay silver value plus a little, but then they sell it for numismatic value. JM Bullion does the same thing. They buy at silver value and sell at numismatic value.

[@VaporeonEnjoyer1]

What do you recommend then, private sales or dealers? I'm trying to complete the Peace Dollars (call me weird I just think the Peace dollar is a beautiful coin and I think the Morgan is ugly). I know I'm getting screwed on premiums from dealers but I'm afraid of being totally screwed on counterfeits from private sales.

[@johndunbar2393]

@@VaporeonEnjoyer1 You're not weird and I'm the same way. The Peace dollar is probably my favorite coin next to a Mercury dime and I'm not much of a Morgan fan. I have them and like them fine, I just prefer the Peace dollar way more. To answer your question, I think buying them from a reputable place is the way to go and I guess pay the premium, but if you ever sell, try to sell privately. That's all I can come up with. My point is, these dealers need to sell for silver value, if they buy for silver value. If they want to sell for numismatic value, then they should buy for numismatic value as well. I'm honestly surprised Coin Guy pulls that stunt as well. I thought he'd be better than that. I bought a roll of Peace dollars last spring, AU's for 25.51 a piece and silver was right around 20 an oz and even though silver has went up 6 bucks an oz, if I went and sold those back to JMB, I'd get 22.86 a piece. Literally losing 2.70 a piece even though silver went up 6 bucks an oz. That's crazy to me.

[@VaporeonEnjoyer1]

@@johndunbar2393 " The Peace dollar is probably my favorite coin next to a Mercury dime and I'm not much of a Morgan fan. I have them and like them fine, I just prefer the Peace dollar way more." Wow great minds think alike. The Mercury dime is my second favorite coin as well. Thanks for your response, I'll keep buying those stupid premiums, but when I bite the bullet on the 1921, I feel like I'm going have to go super hard and paying a serious premium getting a slabbed coin, which I usually do not buy (except for the Eisenhower silver set as most dates slabbed at 69 are around 25-30 bucks and it's not a huge collection to invest in).

[@johndunbar2393]

@@VaporeonEnjoyer1 If there's a time to buy a slabbed coin, a 21 Peace Dollar would be it. I have yet to pick up a '21 PD myself. Good luck getting your collection finished! Take care!

[@Spegtacular]

Why do you say he only buys peace dollars for silver value? Do you have some experience with it? Or are you assuming?

[@scottycrain9306]

I always enjoy and learn something with your interviews with Coin Guy. Keep up the good work

[@METALMAN4Wii]

Short Answer Yes more than stamps and 90% of sports cards.

[@TalkingBullion]

Great video Speg. I have the gold coin in PF70 Ultra Cameo. I bought it a few years ago for under spot...those were the days my friend 🤓 Thanks for continuing to bring Coin Guy to us...he is awesome!

[@vannevar50]

Here's an interesting cigar band article from 1994: Nearly three-quarters of a century ago, Norman Dennis began scavenging in passenger train cars in Allentown. He was about 8 when he started rummaging for cigar bands in trains that chugged into the Lehigh Valley Railroad station at 4th and Hamilton streets and the Jersey Central at 3rd and Hamilton. Dennis was continuing a collecting tradition started by his grandfather, Oswin. His grandfather handed his cigar band collection to his son, William, who in turn handed it to Norman. Today, Dennis has a colorful collection of more than 4,000 cigar bands, and he is one of relatively few cigar band and label collectors worldwide. "I used to live at 10th and Liberty streets, Allentown. I would walk from there to the train stations," Dennis says. "I knew when every train was coming in. I knew the conductors. They used to let me walk through the trains and collect the cigar bands. There were only certain coaches you could smoke in. "I use to walk close to the curb, too, and look for cigar butts. If it had a band on it, I took it off," Dennis says. Dennis, who is nearly 80, retired 18 years ago. He used to operate Dennis' Market near 12th and Turner streets, Allentown. He ran the market from 1950 to 1975. He attended Allen High School, Class of 1932. Dennis' cigar band collection includes a set of presidential cigar bands, ranging from President Washington to Theodore Roosevelt. Each of these colorful bands has a picture of the president represented. His collection also includes alphabetical cigar bands and Turkish ones, which include photos of people and animals. He also has a large 60-year-old cigar with its band. Dennis says he never bought a cigar band until four or five years ago. Then he bought a few here and there. When he started collecting, his late sister Agnes used to help him find cigar bands. "Cigar bands are very colorful, decorative and collectible," says Harry L. Rinker, antiques columnist for The Morning Call. "In a way, cigar bands are very fascinating ... They are the epitome of American lithography. The colors are as brilliant today as when they were put on 75 years ago." "The problem is that the number of people who grew up remembering cigar bands are diminishing. Collecting cigar bands has peaked in terms of maximum value. "They are worth maybe $40 apiece. Most price guides don't list cigar labels as part of the pricing structure, because only several hundred people are collecting. There's only a strong following among a select group of people." "Cigar band collecting was very popular around the turn of the century," David Freiberg of East Prospect, York County, says. Freiberg is a dealer in all types of cigar labels, boxes and bands. "But the interest in collecting these items died out in the '30s, '40s, and '50s around here," he says. "There are still quite a few collectors in Europe. There are a couple of societies in Europe that collect. "Cigar bands are more valuable if they have pictures on them. Their condition is an important part in their value, too. A crease or tear decreases their value. A presidential set, depending which one, may be worth $40 to several hundred dollars. Usually it's worth $40." The International Seal, Label and Cigar Band Society, based in Tucson, Ariz., has 100 members worldwide. About 80 percent of the collecting members are in the United States, the remainder in Europe. "Some collectors in Europe have close to a million cigar bands in their collection," Myron H. Freedman, society secretary, says. Freedman has 350,000 cigar bands. "We used to have a lot more older people collecting, but they're dying off. We do get new ones periodically. Our membership is not broken down by states," he says. Dennis' grandfather started collecting when he was a boy. He put together the bulk of the collection that he passed on to his son. When Norman Dennis got the collection from his father, it had about 2,000 cigar bands. Dennis, who has smoked only about a half-dozen cigars in his life, says he has "no idea what his collection is worth." But he says several years ago he was offered a new car for the collection. He started collecting because of the tradition established by his grandfather and father. "Well, my father, William, gave it to me," he explains. "He felt they were such a prize. I had to promise to keep them and take care of them because they were his dad's. "At the time, I didn't think too much of it. But dad thought the world of it, and I idolized my father." Dennis says his collection will probably go to one of his grandchildren. He and his wife, Dorothy, have two daughters -- Beverly Ann McDonald of Perris, Calif., and Norine Wrobel of Walnutport -- and four grandsons. "It will stay in the family," he concludes. "Whoever wants it is going to get it."

[@PatrickHuyghe]

The California thing is for state employees only, thought you would have read past the first paragraph. but there is a reason everyone makes fun of Florida... 😆

[@Spegtacular]

I posted the info for you to see. The fact that a state stops anyone from travel is the issue here. The part where you somehow think this is ok because only certain people are restricted is the problem. How is that not persuasive? If you came to FL, you wouldn’t be laughing at us. You’d be enjoying your life ;)

[@PatrickHuyghe]

@@Spegtacular they cannot smoke pot even though it has been recreational for like a decade. Same government overreach. Problem is you left the state employees part out to fit the conversation since coin guy is a hard core trumpster, still love the guy..

[@Spegtacular]

Dude, it literally says state travel in the photo I posted. Are you arguing just to argue? Knock it off.

[@B29p]

Do not comply with this chipped fiat. Another great time with Guy! Thank you for sharing Happy independence day weekend and God bless America

[@johnwachter6369]

good to see Mr. Guy !!

[@SilverBull30]

Thank you so much @Speg for the great content as always, Love Coin Guy as always!!!!! Have a great Independence day my friend!!!!

[@oldsilverlion]

“The Old Mint” commemorative is on my list to get. Did you take any other commemoratives home?

[@Spegtacular]

Just what’s in the video.

[@davidbucci6716]

Really enjoy watching your videos awesome!

[@jovanjohannessen9304]

Coin guy, where is the pistol? 24/7 when you have it you won't need it!!!! But think about when you don't have it??? Hope Spegtacular had you covered... or your maybe your daughter. Be safe

[@Spegtacular]

This is Florida. You don’t always see guns.

[@wonderboy2402]

This gentleman always has fascinating topics - big and small! Thanks for the vid.

[@JoeJohn777]

The owl is to protects shops

[@allancolegrove2874]

Always a good show with coin guy!

[@minnesotastackin]

God bless and happy 4th to you and coin guy both Spegs!!!! Love the coin guy vids, I could spend all day talking to someone like him.

[@williamguinn233]

First time I saw the coin Guy not packing. Never let your guard down.

[@EmanuelsWorkbench]

I always enjoy the coin guy segments!

[@charlespopham1768]

Speg - Great article. I enjoy the Coin Guy interviews. If I knew any collectors, then I would share your channel. Thanks again! I did not know that about gold being hard to get your hands on. I just stack silver. And it is getting harder to get in Texas... As for California, - Don't come to Texas, we are not going to California! Just so you know 'Open Carry' has been signed into law. Effective soon.

[@robertcasanova6904]

Wow do YOU ship to NY??? Plz let me know.I WHOULD like 3 Assorted Rounds..Wish I was there THAT BOX of Rounds Are at a very Reasonable price..And I love To collect A variety of Different Rounds. Thanks for all that eye Candy !!.

[@Heywoodthepeckerwood]

The cigar band is for branding and knowing which you are smoking. I use mine to decorate boxes and table tops. Glued on and varnished

[@landonperkins106]

I love the reverse of the old San Francisco mint coin

[@taylorhatch6892]

The one thing about the RFID chiped bills discussion that makes it seem less scary is the limitations of RFID. Firstly, if you didn't wanna get picked up by a scanner, get an RFID blocking wallet, and when you store money at home, put it in a metal box/aluminum foil. Easy. Secondly, I doubt that it would be economical to get a scanner that can scan through multiple walls of a house. That device would have to be really powerful, and even then the accuracy would be questionable.

[@voodooskratch]

🪙 COIN GUY ROCKS!! VERY INTERESTING!! 🙂👍

[@Firecajun9262]

Another great coin guy video. Keep them coming 👍

[@ferebeefamily]

Thank you gentlemen for the video.

[@noahcoins9387]

Mr. spectacular! The coin guys website for purchase is not working. Do you know what’s going on?

[@Spegtacular]

Copy and paste the link

[@007CarpeDiem]

Love the Coin Guy!

[@5ringsaudits]

I have that same coin. Great coin. That building was the only thing standing when San Francisco had that major earthquake. It served as a shelter for the homeless.

[@GULFRAZMAJEEDseye8eyes]

Great video your video are very informative and knowledgeable

[@percys9427]

NGC charges 23.00 USD per coin

[@jasonh7094]

thanks speg and coinguy :)

[@MUDSWAT]

I love that old mint coin!

[@martinharris7197]

Happy 4th of July everybody 🇺🇸 Thanks Speg and Coin Guy. l always learn something new 👍

[@blackjack8142]

I'm waiting also.

[@bobspistolsandpaydirt8607]

Happy 4th to Spec, and Coin Guy

[@wasatchwizard4770]

Crypto is like tulips - nice analogy

[@pseudoty]

Coin Guy doing Thumbnails now, too much 🔥

[@dwingsworld2581]

Awesome video and coin guys knowledge is spot on! Especially with the market info and the Orwellian instincts. His politics is pretty spot on too. Happy 4th Speg and Coin Guy! Be well guys!

[@3DNightmare]

I Get Pumped, when I see its gonna be a Vid wiiiiiiith Coin Guy !

[@David_Quinn1995]

all Roman coins are just so plentiful and we are always finding more as this article showed and you figure if an Emporer ruled for 20 years billions of the same coin were made with their face on it in their life tie.

[@kayneF1251]

Coin guy for president , whoooo

[@VideoMan4MuscleShoals]

Coin Guy' Is The MAN! Thanks for the video...

[@jamesfoster9256]

Zebra wood I think it’s the most expensive oil around beautiful the thing with holes in them is incense burner Maybe

[@mikep1]

11:30 Yeah the tulip bubble wasn't real (it was a futures market that collapsed before first delivery)

[@Odessycoins]

HEY SPEG what’s the chance any of those 1 1/2 ounce coins are left

[@Spegtacular]

Call him. I’m sure he saved a tube for you.

[@Odessycoins]

@@Spegtacular 🤩 I sure hope so brother

[@Odessycoins]

Got off the phone with him about a hour ago got a roll thanks for the heads up

[@victoriabooker6212]

I like cigar boxes also some of them are just truly amazing

[@horstdouglas1]

What is "a few bucks" coin guy? I like the cigar wrappers

[@TheChrissy1977]

I love it when coin Guy calls tulips two lips. 😂

[@savagestacker]

#2 😢 if your not first your last Ricky Bobby

[@akeed21]

God bless America coin guy!!! Happy 4th

[@someoneyoudontknow7407]

Wow coin guy has some damn good coins for sale

[@VaporeonEnjoyer1]

Speg you aren't supposed to inhale cigar smoke. It's just something you taste.

[@Spegtacular]

Yeah well, I didn’t do my research at 18 ;)

[@VaporeonEnjoyer1]

@@Spegtacular I don't blame you, I don't get the appeal of cigars either. When I smoke, I want to know I'm getting my money's worth feeling that pure crack rock cocaine in my lungs. All jokes aside, I don't know how often you talk to coinguy, but his website (the one you got in the description) is always set to private. He might be paying to run a site no one can see.

[@Spegtacular]

Copy and paste the link. For some reason it has difficulties as a direct click and I don’t know why.

[@bigtoe3963]

Only 3% of smokers inhale ....I'm one of them

[@Spegtacular]

That’s why I like you Tubesox! You don’t mess around.

[@biggusdoggus5909]

I don't think the Interstate Commerce Act allows for California to be able to dictate people can't do business with Florida, nor can it restrict people to leave California, why so many are leaving before it gets like Germany in the 1930's and they hated the Jews but would not allow them to leave Germany.

[@redlabs5473]

coin guy my beloved

[@awake8794]

What were those ancient coins in that hoard made of?

[@Spegtacular]

They sure look copper

[@5ringsaudits]

I believe he said ceramic...

[@awake8794]

@@5ringsaudits that was the jars they were in.

[@Udtghost840]

I know this video is a little bit older but I had just purchased cigar box labels from the civil war era I have about 60 of them I was trying to figure out where I can get them appraised if anybody has any ideas let me know