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97 Posts
 Posted 08/26/2021  2:33 pm Show Profile   Bookmark this topic Add EScottCoins to your friends list Get a Link to this Message Number of Subscribers
Hello all, my name is E. J. Scott.

I'm a long time collector but a new member of Coin Community. I was turned on to Coin Community by an associate of mine named Mark Feld. After reviewing the site and posts for a short time I came to appreciate the Coin Community site above all others I've visited. What I noticed and love the most is that compared to other forums Coin Community participants seem to be "coin" collectors far more than "label" or "sticker" collectors, which is tremendously refreshing.

I like the Coin Community site so much I became an advertiser here!

A little about me; I'm a mechanical and structural engineer and a professional machinist and fabricator. However my real life passion and career is auto racing. I retired as a professional driver and team owner in 2006. I still have and play with race cars but now it's just for fun. I'm in the process of launching an "Arrive and Drive" program where individuals that have never driven a race car can take the necessary steps to be qualified and able to drive my 1995 Reynard Formula One car (the last of the "you have to drive it" F-1 cars). It's SOOOOOO much fun to give these individuals the gift of a dream come true.

I collected Lincoln cents with Dad as a child. It was wonderful time spent together. I'd guess many here can relate. Some 30 years later the lead mechanic for my racing team brought a box of coins that he found in his attic to my shop. It started the numismatic passion all over again...in a big "how did it get so out of control" way. I'm sure many here can relate to that too!

Now, some 25 years later I suspect I need medication, lol! I can find something I enjoy about every single coin I examine. I can share in the joy anyone else finds in whatever it is they like. I'm especially fond of and educated about varieties (especially Lincolns) and I also have a special fondness for dramatic errors (that still look like a coin). Roll hunting became a huge source of enjoyment for me. At present I possess just over 4000 BU Lincoln rolls (1800 of which have never been looked through), 1100 certified coins with many finest known specimens, just over 9400 raw variety and error coins and a ridiculous amount of other stuff like mint sewn bags, mint sets, currency, BU rolls of other denominations, bla, bla, bla. Did I mention medication?

A few years ago I decided it's time to start selling. I did what many collectors threaten to do and, with the help of my better half May and my computer guru Michael Simmons, we built our own proprietary E-Commerce software and site called EScottCoins.com (and coming soon an auction section). This led to my personal interest in numismatic imaging. However my absolute passion in numismatic imaging is accuracy. Something the electronic numismatic marketplace is greatly lacking in. In this electronic age anyone can generate a "pretty" image. Accuracy is a whole different beast. This accuracy-based passion for imagery quickly led me to the realization that static imagery, no matter how accurate, can't properly and fully capture a dynamic entity like a coin. This led me to spend a good part of the last two years and wayyyyy too much money conceiving, inventing, perfecting and manufacturing my Accurate View Video™.

Okay.the "maybe" on medication is obviously a gross understatement.

I encourage contact by anyone that just likes to chew the fat about coins. I look forward to (hopefully) generating some genuine integrity-based friendships with like-minded individuals.

Thank you for allowing me to share a bit about myself.

Special "Thank You" to Bobby for his patience and kindness.

Happy collecting to all.

E. J. Scott

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John1's Avatar
United States
56855 Posts
 Posted 08/26/2021  3:01 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
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United States
1086 Posts
 Posted 08/26/2021  3:54 pm  Show Profile   Bookmark this reply Add CoinHunter4 to your friends list Get a Link to this Reply
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Dorado's Avatar
Canada
24885 Posts
 Posted 08/26/2021  4:33 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
To the Forum.
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jbuck's Avatar
United States
187702 Posts
Valued Member
97 Posts
 Posted 08/27/2021  12:08 am  Show Profile   Bookmark this reply Add EScottCoins to your friends list Get a Link to this Reply
Thank you for the welcomes!
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Petespockets55's Avatar
United States
5770 Posts
 Posted 08/27/2021  09:37 am  Show Profile   Bookmark this reply Add Petespockets55 to your friends list Get a Link to this Reply
Welcome and let me know if you find a medication that works to suppress the urge a little.

Sounds like you "suffer" like a lot of us here!

EDIT:
I gotta admit I couldn't resist and do like your idea of "In this holder since" date so people know when a coin was slabbed but how does this keep subsequent owners from "re-slabbing" and thus losing track of that timeline?
Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
Edited by Petespockets55
08/27/2021 09:45 am
Valued Member
97 Posts
 Posted 08/27/2021  11:54 am  Show Profile   Bookmark this reply Add EScottCoins to your friends list Get a Link to this Reply
Hello Petespockets55,

No successful meds yet, lol! In fact I "quit collecting" a couple years ago and since then have acquired 96 more purchased coins. There's no hope.

My "In the holder since" is designed and intended to inform collectors of how long the coin has resided in its current holder, not when it was slabbed. Further this "in its holder since" I publish is only the time I have first hand knowledge of. In other words I may have owned a slabbed coin for 10 years so I publish "in this holder since at least 2011". However the coin could have been slabbed 10 years prior to my acquisition.

My intent in providing this information to collectors is rooted in the very real dynamic of gradeflation. Grading standards have, do and will always continue to change. They absolutely must for TPG to remain in business. Every time grading standards shift a half point hundreds of thousands of coins lose market value. As such many collectors chase that value through regrading. So, instead of investing tens or hundreds of thousands of dollars constantly chasing labels I simply post how long I know a coin has been in its holder. This information gives collectors that are privy to gradeflation and collecting coins, not labels, valuable information that pertains to the accuracy of the label in relation to current market standards.

Most collectors of 5 years or more acknowledge that most 67's today would have been 66's five years ago and 65's five years before that.

I'm far more about supporting collectors and the hobby than greed. Don't get me wrong, I like money just as much as anyone. I just believe acquisition of paper dollars should be a byproduct of effort and integrity, not a primary goal.

If someone (or I) get a coin regraded and placed in a new holder then that coin would "be in this holder" as of the day it was regraded and the cycle begins again.

Also, just to be clear, overall I support TPG. They bring far more good to the hobby than bad. Personally I'd pay the fee they charge simply for the holder, serial number and databases. Their opinion of grade at a given point in time is a bonus. Equally however, with gradeflation, intrinsically the grade can become a substantial negative.

Hope this helps explain my reasoning.

Kind regards,

E.J.
Pillar of the Community
United States
5198 Posts
 Posted 08/27/2021  8:42 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
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Petespockets55's Avatar
United States
5770 Posts
 Posted 08/28/2021  12:19 am  Show Profile   Bookmark this reply Add Petespockets55 to your friends list Get a Link to this Reply
Thanks for the extra info.

I like the overall look of your site. Beautiful images and video.
Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
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97 Posts
 Posted 08/28/2021  11:05 am  Show Profile   Bookmark this reply Add EScottCoins to your friends list Get a Link to this Reply
To Petespockets55,

THANK YOU!!! You have no idea how much your comments mean to us. We truly care more about doing something good that collectors enjoy than we do about doing something profitable. Comments like yours are reinforcement that there are people enjoying our efforts and that's very fulfilling. Thanks again!

Kind regards,

E.J., May and Michael.
Pillar of the Community
United States
2869 Posts
 Posted 09/05/2021  9:58 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
Welcome!
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