The Joys of Collecting column from the Feb. 27, 2017, weekly issue
of Coin World:
In previous columns, I contributed the first two key ingredients on
my Wish List for 2017 — actions I recommend to maximize the enjoyment
and success of numismatics.
➤ No. 1: Key people and companies in numismatics need to work to fix
the coin grading system.
Grading is no more understandable today in 2017 than it was 25 years
ago, and certified grading is less consistent than it was back then.
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How do you define Mint State 62? MS-65+?
➤ No. 2. Truth in advertising is a huge problem. Ditto for ethics.
Anything goes, or so it seems.
Numismatists Guild and American Numismatic Association should do
something about that.
Encourage them to do so! We will all benefit.
Now, more to add this week:
➤ No. 3. Perhaps an education and certification program could be set
up for dealers.
With few exceptions, if you take your accounting business to a
certified public accountant you are in good hands.
If you are ill and you go to a member of the American Medical
Association you will likely be in good hands as well.
Wouldn’t it be great to have Certified Professional Numismatists
with a strictly enforced code of ethics?
➤ No. 4. Start a library or add to one you already have. Resolve to
spend $500 to $1,000 for books in 2017.
Books are the key to knowledge. Knowledge is the key to success.
Success is the key to happiness and a lifetime of enjoying
numismatics. I guarantee it!
➤ No. 5. Go on the Internet and investigate the sites of these
specialized groups: Barber Coin Collectors Society, Civil War Token
Society, Colonial Coin Collectors Club, Early American Coppers,
Club, John Reich
Collectors Society (mainly silver coins from 1794 through the
late 1830s), Liberty
Seated Collectors Club (silver coins 1836 to 1891), Medal
Collectors of America, Society of Paper Money Collectors, and Token and Medal Society.
For ones of interest, request a sample copy of their newsletter or
magazine. Most of these are like belonging to a private club. There is
lots of camaraderie and friendly interchange. Most have fewer than a
thousand members. I belong to all of them!