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Coins As A Career Path

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Pillar of the Community
5464 Posts
 Posted 06/28/2018  5:06 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list

Quote:
Went to the U.S. Mint web site and look what is posted https://www.usmint.gov/about/careers


So I guess you're saying they're looking for critical skills? Science, Technology, Engineering & Math?

And they have a grand total of two vacancies: Safety and Occupational Health Specialist

nuf said..


Quote:
Highway construction, (Denver)?


You should have swung by the Denver Mint and applied for the job.
Edited by USSID18
06/28/2018 5:10 pm
Bedrock of the Community
Australia
21788 Posts
 Posted 06/29/2018  7:28 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
I mentioned earlier in this thread about being an employee first, to learn, before starting out on your own, to set up your own business.
I know of a couple of people who have done the reverse.
Their business didn't quite work out, but they had built some professional reputation. Both of them ended up becoming an employee, working for major auction / coin dealing businesses.

Pillar of the Community
Australia
3831 Posts
 Posted 06/29/2018  8:15 pm  Show Profile   Bookmark this reply Add gxseries to your friends list
Whether you are a mint employee, coin shop owner or a researcher - they all share one thing in common - they all require specialized knowledge.

It is a niche market but there are ways around it. If you are into finance, it may help you into sales.

My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
Pillar of the Community
United States
819 Posts
 Posted 06/29/2018  11:01 pm  Show Profile   Bookmark this reply Add chipjones to your friends list
I heard somewhere that a lot of business fail because the owner doesn't understand the financial side. True or not I don't know.
Valued Member
United States
123 Posts
 Posted 07/04/2018  6:39 pm  Show Profile   Bookmark this reply Add jakes8 to your friends list
Thank you all who replied to my question! I'm surprised so many responded honestly haha. I appreciate every one of them!
Bedrock of the Community
United States
12057 Posts
 Posted 07/05/2018  12:07 am  Show Profile   Bookmark this reply Add paralyse to your friends list
I'd love to work in numismatic research or auction catalog preparation, but I do not have any idea how I would pay the bills with such a job. After 17+ years in automotive dealer industry (service/management) I sure would love to get away from the 65 hour weeks, nonexistent benefits and constant stress. If this was 40 years ago I would have loved to own or manage a coin shop, but many of those nowadays are going the way of the dinosaurs or have switched to bullion sales. It probably wouldn't pay very well, but it would sure be fun.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Bedrock of the Community
Australia
21788 Posts
 Posted 07/05/2018  03:24 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
I would love to work in the British Museum, researching into ancient numismatics. Unfortunately, I don't have the pHd skill level to do this type of work.

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------

Actually, I have a niece who received a pHd for research into ancient Roman sociology. I am attending her wedding in Rome in September this year.
Only a few weeks away !

She was fascinated by my collection of ancient coins, and that was partly instrumental in engaging her interest to work for and receive a bachelor degree in archeology.

After the wedding in Rome, I will spend a couple of weeks in Sicily, looking at what remains of ancient Greek culture.
Pillar of the Community
United States
1156 Posts
 Posted 07/11/2018  11:16 am  Show Profile   Bookmark this reply Add jgenn to your friends list
Coin photography and writing articles for numismatic publications are other options.
Pillar of the Community
5464 Posts
 Posted 07/18/2018  2:44 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list
jakes8- Let me ask you a question. If you had a choice of jobs in the numismatic world, which one would you choose?
Pillar of the Community
United States
1211 Posts
 Posted 07/23/2018  10:20 am  Show Profile   Bookmark this reply Add jerseyben to your friends list
Good grief at some of the replies in this thread... Yikes.
Pillar of the Community
United States
1590 Posts
 Posted 09/08/2018  9:51 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list
I am a dealer. I can tell you that Sel 691 gave some of the best advice. Work for one of the larger auction houses, or a company lke Littleton.

Before that though you need a lot of education. I mean ALOT. I have degrees in Aerospace Engineering, Mathamatics, and Satelitte Communications. I will tell you truthfully that I have way more time involved in learning my trade as a coin dealer than anything else.

You need to learn to speak coins. You NEED a basic understanding of the Indian and Lincoln Cent series; Buffalo and Jefferson nickel series; Barber, Mercury, and Roosevelt dime series; Barber, SLQ and Washington series quarters; Barber, WLH, Franklin and Kennedy halves; Trade, Morgan, and Peace dollars. Classic Commem's. You need to be able to tell what a full head SLQ, and a full thumb WLH...and which ones, if any, are common. For instance Full Split band Mercs give you a premium. Sometimes a huge premium. Unless they are late 30s to 45 coins issued at Denver which was well known for it's tight spacing and not running a die till it was dead...in all it's issues. And Grading, grading, grading!

Consider those your equivelant to your Freshman and Sophmore years at University. Except it will take you much longer, unless you develope your education in coins to the detriment of your college studies.

Jr and Sr years; Snow numbers, VAMs ( which can take years to learn), Proof characteristics for early LWC and Peace dollars. Full steps, Full Bells, and more Grading, grading grading!

Graduate course. Early Coppers, which should be a whole "year" by itself. CB and Seated coinage and their varities. Sheild Nickels and varieties. Colonial Coinage. Patterns.

You need to understand the bullion market and more importantly how and when to cut your losses so that you can have cash flow; which you should also understand.

I am a fifth Generation Coin Collector, and a third gen dealer. I have been involved with this since 1965, and I am still learning new stuff, almost on a daily basis.

I'm not trying to dissuade you. WE need new blood. What I am saying is that this is not as easy as it looks. I make a lot of money...one more time...a lot of money on other dealers who simply do not understand varieties.

Good luck

Bedrock of the Community
United States
20753 Posts
 Posted 09/10/2018  08:20 am  Show Profile   Bookmark this reply Add just carl to your friends list
I've always wondered if criminals that rob those banking trucks ever look through all that loot for rare coins. Imagine bags and bags of coins of all denominations and at no initial cost.
Pillar of the Community
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United States
5029 Posts
 Posted 09/10/2018  12:48 pm  Show Profile   Bookmark this reply Add scopru to your friends list

Quote:
I've always wondered if criminals that rob those banking trucks ever look through all that loot for rare coins.


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United States
189665 Posts
 Posted 09/10/2018  4:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I've always wondered if criminals that rob those banking trucks ever look through all that loot for rare coins.
Only in the movies.
Valued Member
United States
114 Posts
 Posted 09/11/2018  10:45 pm  Show Profile   Bookmark this reply Add mavs2583 to your friends list
Has anyone worked for an auction company (like Heritage)? Curious if anyone has any experiences to share.
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