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Coins As A Career Path

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Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 06/26/2018  2:15 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
@ mikem007 , with all do respect ,I think your just fantasizing on something that has nothing to do with this original thread .
Go ahead and start your own ''I have a fantasy'' thread and I'm sure you'll get a bunch of replies and posts .
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bpoc1's Avatar
United States
4078 Posts
 Posted 06/26/2018  3:54 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
Mikem said,
Quote:
seeking a job at the Mint is where I'd start.


Quote:
working at the Mint gets you the opportunity to purchase a few items that not many others would get the chance to.
I believe this statement is wishful thinking

Quote:
Or at minimum, you would have the opportunity to learn about changes coming before most everyone else and give yourself a headstart to collect whatever it maybe.

I believe this could be, "Inside trading" not sure if this is the correct term.
Mikem, thanks for your interesting replies.
T-BOP, thanks.
Pillar of the Community
United States
1554 Posts
 Posted 06/26/2018  4:41 pm  Show Profile   Bookmark this reply Add Kushanshah to your friends list Get a Link to this Reply
Some links to numismatic internship programs
https://pngdealers.org/education/pn...hip-program/
Internships - American Numismatic Association
http://numismatics.org/basslibrary/...olunteering/
In addition, I would recommend attendance at major shows whenever possible. Who you know is just as important as what you know. I would also strike a good balance in my studies between business courses and history/ art history/ language & culture etc. If you are not already, you should become a member of the ANA and ANS, as well as regional, state and local coin clubs. Most offer student discounts.
Edited by Kushanshah
06/26/2018 4:48 pm
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chafemasterj's Avatar
United States
6514 Posts
 Posted 06/26/2018  4:52 pm  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
@Kushanshah


Quote:
Who you know is just as important as what you know.


Truer words were never written no matter what business or industry you go into.
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
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sel_69l's Avatar
Australia
21788 Posts
 Posted 06/26/2018  7:10 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
What about learning about the practicalities of the coin dealing business, by being an employee in such a business for a few years, before starting out on your own?
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USSID18's Avatar
5464 Posts
 Posted 06/26/2018  7:53 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply

Quote:
I believe this statement is wishful thinking


Each of his posts are wishful thinking and unrealistic.


Quote:
seeking a job at the Mint is where I'd start.


Forget it! You gotta be a federal employee with a critical skill and a security clearance. You're not going to get a job there sweeping the floors!.....and you can take that one to the bank........not the mint!
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oriole's Avatar
Canada
5241 Posts
 Posted 06/26/2018  8:14 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Someone (a father and son team to be exact) in my area started slowly and learned a lot, then started selling on ebay and eventually the man quite his job with the government and opened a brick and mortar store and now his whole family is involved in the business. He has multiple things going on-eBay, gold and silver bullion, the store, and coin shows.

So it can be done.

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MikeF's Avatar
United States
3479 Posts
 Posted 06/26/2018  8:26 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
I think I would make a horrible full time dealer. I'm so picky that I grow attached to coins I find with stunning eye appeal. I'd rather part with my fingernails via a pair of pliers than sell some of the choice coins I've accumulated. When I bring them to a show, I cringe when potential buyers show interest in them. Now I just don't bring them.
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USSID18's Avatar
5464 Posts
 Posted 06/26/2018  8:38 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
If I had to make a living out of "anything" coins, I would have starved years ago!
Valued Member
United States
318 Posts
 Posted 06/26/2018  11:27 pm  Show Profile   Bookmark this reply Add mikem007 to your friends list Get a Link to this Reply
oh man, sorry all for my sarcastic remarks. I was half serious and half dreaming. My fantasies were based on facts and history on what has happened in the past.

Take a look at PCGS Coinfacts on the 1964 SMS nickel (read very bottom of page) where special coins of all denominations were lifted out of the Mint by the director Eva Adams. http://www.PCGScoinfacts.com/Coin/Detail/4170

And if you look at some of the recent higher priced auctions for graded coins where a penny was stamped onto a 10 year old dime, you have to wonder who was the worker that dumped their pocket change into the hopper.

Whether right or wrong, it's history. All I'm saying is "my dream job" is to be put into a position to legitimately find these special coins. I'm nearing the end of my working career so I'm out on career change.
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jbuck's Avatar
United States
188660 Posts
 Posted 06/27/2018  11:59 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
oh man, sorry all for my sarcastic remarks. I was half serious and half dreaming.
It is all good.
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Finn235's Avatar
United States
6130 Posts
 Posted 06/27/2018  2:59 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Me as a dealer:

1. See a good coin that is going cheap
2. Buy it
3. Coin arrives
4.

Coins-As-A-Career-Path

I am slowly (expensively) learning I don't have the willpower to be a dealer!
Rest in Peace
bpoc1's Avatar
United States
4078 Posts
 Posted 06/27/2018  3:47 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
@USSID18, you stated,
Quote:
Forget it! You gotta be a federal employee with a critical skill and a security clearance. You're not going to get a job there sweeping the floors!.....and you can take that one to the bank........not the mint!

Not sure where your information is from but, getting a job at the U.S. Mint is
capable for any U.S. citizen. Sure there are qualifications but nothing beyond some of the things you say.
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jbuck's Avatar
United States
188660 Posts
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USSID18's Avatar
5464 Posts
 Posted 06/27/2018  9:47 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
I was a federal gov't employee for 37 years, now I'm a contractor.


Quote:
getting a job at the U.S. Mint is capable for any U.S. citizen.


I don't think so. I'm not saying it's impossible, I'm saying it's highly unlikely for an average American to get a job at the U.S. Mint. Keep in mind I'm talking about the production floor, not the Mint's administrative offices.

I heard (I'm not 100% sure) that the attrition rate at the Mint is less then 1.7% Which pretty much means you leave the Mint when you die or retire. Hey look, don't take my word for it. Any gov't employees out here within the sound of my voice?

In addition to qualifying with a critical skill you need a security clearance, that eliminates 75% of the population right there. Hey, better yet.....any Mint employees out here within the sound of my voice?

Ask them, maybe they can tell you.

Like I said, it's not impossible but you better be at the right place, at the right time, with the right skill level to even be considered.

This might be over exaggerated and facetious but let me put it to you this way, you could have a PhD and you wouldn't get hired to sweep the floors of the Mint's production areas.

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