BiggAndyy the Magazine

I want to pass along some info I have been collecting (no pun intended) over the years in coin collecting (numismatics). With the advent of “Sponsored Posting” e.i. a pay per post scheme, the number of comments and websites that appear to be related to coin collecting has increased by a staggering amount.

But actually, many of these comments and sites are merely bloggers throwing posts out into cyberspace to link to a particular sponsor. Heck, even I have done it; got 5 bucks for the post too. But these articles are usually “one time only” posts that mostly take the form of “Hey Coin Collectors! Want to make a lot of money? Then try buying and selling gold from our professional investment team… blah blah blah.” No real information about coins, their values, or their collectability are ever mentioned in these snake-oil posts.

Additionally, many other sites are coin dealers looking to sell individual coins, usually at a hefty profit, especially to people just starting in coin collecting. Unscrupulous people who pass themselves off as experts, sometimes even displaying coins in professional looking containers with overinflated estimates of their condition and value marked on them. These folks are called “self-slabbers” in coin lingo, and they are poison to your pocketbook. (more…)