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CoinWeek Streaming News: Franklin Half Dollar Full Bell Line Designations
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Aug 7, 2020
CoinWeek editor Charles Morgan discusses Franklin Half Dollars in this CoinWeek Streaming News segment, sponsored by NGC. Franklin Half dollars are a popular silver coin series that was produced by the United States Mint from 1948-1963. Each coin in the series is made of 90% silver and Proof issues were struck from 1950-1963. Specialists of the series seek out fully-struck examples and use the presence of the bell lines at the bottom of the Liberty Bell on the reverse as a primary indicator of the completeness and quality of the strike. Charles explains why this isn't the only thing you want to look for in Franklin half dollars and shares high-quality images of the bell of several different examples to give you a clear understanding of how to identify Full Bell Line Franklin half dollars. Charles also breaks down the entire series from 1948 to 1963, by mint, to explain which coins are scarce and rare with Full Bell Lines.
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[Music]
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all right with any luck i figured this out jeez it seems like the last time i streamed uh
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online uh the youtube settings were different and you got a chance to
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figure out what you're doing before you decided to do it uh bottom line is my name is charles morgan i'm the other coin week i'm here with my
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uh quarantine haircut or lack thereof and martin van buren sideburns but
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uh i'm not the important part of today's program today we're going to talk about uh franklin half dollars we're gonna
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talk about full belt line designations and how to identify them i have some high quality photos
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that have provided me by ngc and uh the franklin half dollar series as you
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can see i'll put this here for you to look at franklin half dollar series was struck
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between 1948 and 1963. it prematurely ended
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because of the assassination of president john f kennedy i think the series would have
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continued for a while after that uh but uh the kennedy half dollar was introduced in haste
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uh and released in 1964. it was a one-year type uh the last 90 silver half dollar struck
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for circulation in 1964. then after that it was a silver clad
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coin until 1971 when it became a full clad coin but this franklin half dollar series
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struck from 1948 to 1963 is the final full 90 silver
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half dollar series in the us uh coin series so it's a beautiful coin in
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my opinion i i think it replaced the very busy uh walking liberty half dollar which is in
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itself an iconic design with a simple more modern uh pairing uh the great thing about the
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series is that it is complex and and a uh a
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great study of it can be made by collectors looking to uh collect the coin based on
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the full bell line designation which is usually what collectors look at as uh
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defining whether the coin was well struck or not it's actually in my opinion an incomplete look at the
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coin because the belt lines can be there but the obverse can be poorly struck
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or not as defined as you would like to see but when we look at the premiums that
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these coins generate mostly we're looking at the full belt lines so
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here is an example here of a full belt line franklin half dollar um and uh as you can see what we're
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looking at is a complete line without inners or bisecting uh
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scratches hits dings or lack of impression this is a coin i believe would grade
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about an ms63 you see it does have some chatter uh uh throughout the coin and uh
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and what we're looking for is are the lines on the top and the bottom complete
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throughout a little bit of flatness turns out to be okay as long as the lines are completely
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there i'll show you example here of a similar coin on a similar grade
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but without the full belt line designation and we can see
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quite clearly that there is a distinction here so look at this one now
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when you're looking at the left side of the coin the left of the giants the giant crack you see uh
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flatness and ill-defined uh lines at the top and the bottom
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specifically at the bottom the bottom isn't there at all it's almost completely obliterated not struck up well at all
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let's take a different coin this is another full bell line example this is a d mint
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um and with the franklin half dollar series you know what the worst ones are the worst ones are almost always last minute coins but
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here's a demon coin you see against the left of the crack right we have a complete obliteration
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here at the bottom you can't make up lines at all and then there's a big line here a big
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hit um that that cuts through all three of the top lines and even if the bottom lines are there i
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think that that that hit there would probably stop this coin
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from getting full bell lines now let's uh take another look at a
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different coin here try to blow it up on my screen share with you
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um this is uh this is a pimp and uh what we're looking at here again
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the bottom lines are almost there you see again to the left of the crack
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there is a spot where it's not there you know it's just a little little it'll define
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and then at the top you have a hit going through it on the left side and it's very soft
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very softly struck and on the right side of the crack you see another hit that goes through it like a
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like a bag mark um so this coin wouldn't make it and actually i think this coin is probably
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dipped because you see a little bit of residue so we know what isn't going to cut the mustard
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let's look at a few coins that are good enough and see if we can kind of spot by
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looking at them what we're talking about because again it's important for you as a collector
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if you're cherry picking coins to get the coins that have the most value
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this is a ms64 level uh franklin half dollar and the hits
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that exist are light they don't break up the uh the lines you see the line extends
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from the far left of the bell to the crack and it is complete this is a photo so
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depending on the way the light is you know it may look like it's dull in some spots but this uh this coin is a full belt
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line example uh and this is uh this is a p mint here
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uh here's another one let's grab this uh picture this one is photographed from a slab so
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uh it it um it has a little bit of that plastic uh uh gleam glare over it but
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uh fairly good photo you do see some some read marks here but they do not
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interfere with the lines the lines go from the left most portion of the bell
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all the way to the crack they are complete here and below you see the lines there
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again are complete throughout uh and this is an example of a well
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struck franklin half dollar and this is uh in the ms 65
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level so we're getting up to like really nice collector grade coins here
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and i'm going to show you an ms66 here
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and uh in this ms66 gray and let's see if i can make a little bit bigger for you
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so uh here again um we are looking all the way to the left
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we're trying to follow those lines all the way to the crack there's three
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at the top there's two at the bottom and you follow those lines all the way across
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the where you're going to get the most trouble is always going to be on the left of the crack like if the coin is
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not going to hit full belt lines it's probably going to be because of this portion of the point and so
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anytime you're cherry picking an uncirculated example that's in the raw or even some that are
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in the holders you want to just start the left of the bell follow the line across
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and see if you can hit that marker so what are the franklin half dollar
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examples that you want to get uh in full belt lines what are the ones
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that are hard to get and uh let's take a quick look at that and see if we can we can spot any uh any
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places where you definitely are going to make some money if you can cherry pick the coins so i'm basing my uh readout here
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on what ngc is reporting uh in their uh online price guide
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and uh uh um you know no particular reason why i'm using that versus any other price guide and i'm not really
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gonna sit here and quote prices because the prices can be variable based on toning
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um whether the coins have a cac sticker uh you know what what auctions they appear
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and whatnot but uh we're looking at when the series starts okay in 1948 the p mints which
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tend to be a little bit better struck than the demons you're looking at a a differential of about 40 or 50 bucks
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up to 65 and full belt lines so full bell line 1948 franklin half dollar fairly common
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a 66 is a scarce coin and both full bell line are not full belt line designations but they're more or less equivalent in
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price and then once you get to 67 you're talking about very few coins a few thousand dollars uh example
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uh the 48 these are a little tougher they're not much tougher but they're a
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little tougher than the 48s to find in gym and again there's not much of a differential between the 48 ds
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and full bell lines and not you're looking at hubs that are fresh dies that are fresh for the most part so
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you can you can get a nice one a year later again still very
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easy to find a gem and 65 with full belt lines not much of a
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spread but once you get to 67 super tough i think a full belt line
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49 uh is going to be double what a non full belt
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line example would be it's a very scarce coin now when we get to the demons the dements here this is this is where it
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gets a little harder uh we're looking at about a four to five hundred dollar coin in 65
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with a slight 20 premium once you get to the uh once you get to the full bell line
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designation 66 is uh conditionally rare the 49s is uh
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hard to get full belt lines and so if you're looking at a 65 costing about 150 bucks you're gonna be
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looking at about 400 for the uh for the full beltline version
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at 65 and then it gets harder and harder once you go up to 66 and 67. going to 1950
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again pmince easy to find full belt lines especially in gym you're
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looking at 140 550 bucks for regular 170 180 bucks for full belt lines of
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course going beyond 65 you start getting into higher tier coins uh 50ds
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about twice as hard to find full belt lines than the uh than the 50s i would say uh
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and then you get to the 51ps still pretty easy although the full bell
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lines are a little tougher here you can get a nice gym 51 for under 100 bucks but you're gonna pay between two
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and three hundred dollars for a full belt line 51ds are uh
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easier to find full belt lines but harder to find in gym sort of a paradox so the gem coin uh to me is not
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a good coin to buy without full belt lines here because you're almost paying the same amount of money 51 s's
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uh are uh difficult to find full belt lines at gym you're
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looking at a four to five hundred dollar coin where a regular gym is a hundred bucks again this is going to be a trend
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for estimate coins very tough to find 52s not so hard in gym
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that's going to be a fairly common date type coin a little tougher and 52 d still i would call that a type coin 52 s
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here's a big spread you're looking at about a hundred and 150 bucks for 65 but you're looking at an
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easy thousand to twelve hundred dollars or more for a full belt line 53
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is a is a tougher date for philadelphia so you're looking at 130 bucks
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for a gym about six to seven hundred bucks for full belt lines uh and then 53 uh d
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uh very easy to get full belt lines that's gonna probably be one of your type coins if not 48
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and it's going to be like something like a 53 d they usually come really well and struck up but a super tough coin to find
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67 very tough um 53 s
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easy to find in gem virtually impossible to find full belt lines at the 63 level
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you're looking at a five or six thousand dollar coin the coin costs about and 65 about the same as a fully loaded toyota
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camry so you're looking at about 30 grand for a 53 s with full belt lines
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and once you get to 66 you know you can almost double that uh 54 is typecoin and full bell lines
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54d similar story 54s is one of the easier estimates to get in gem it's
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about a fifty sixty dollar coin but full belt line so it's like about 200 to 300 bucks
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uh another 55 type coin 56 is a type coin 57 is a type coin 58 a 57 d also a type
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coin a lot of double mint sets produced in this period and uh you know finding nice examples
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especially nice toned examples not too difficult even though a lot of those sets have not been broken up uh so anyway 48
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typecoin 48 or 58 typecoin 58d typecoin 59
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uh is uh is more or less easy to find in gym a little harder and full belt lines
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you're looking at about 150 to 200 dollars uh 59 ds a type coin 60 is a type coin
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60d is about twice as hard to get actually than a 60 uh the demons are get tougher as you get
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later in the series uh so that's a that's about a 160 dollar
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180 coin in gym and then about three to 400 350 to 400 dollars in full belt lines um
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61 is tough now the mint is working overtime to try to get like coins out
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the messages are going up but the quality is going down you can get a gym at about 80 to 90
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dollars but full belt line example is going to be over a thousand and then at 66 you're talking about 10
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to 12 thousand dollars for a nice full beltline coin 61d uh is about twice as hard as the 61
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except for the fact that the uh full beltline example is about six or seven hundred dollars so
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the gems are tougher but they're more commonly found full belt lines still tough coin
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62 uh 95 bucks for a gym but you're looking at seventeen
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eighteen hundred dollars for a full belt line 62 d is about half that difficult
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and 63 is the same it's pretty much the same easy to find though
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in gym you're looking at 50 60 coin but you're still at that 17 1800 level for full belt lines and the
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series closes instead with the denver issue uh which is uh you know about 40 50 bucks and gem
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and two hundred dollars in full belt line so when you look at this this is like 30 years of
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uh market data you know driving these prices um you know there is no there is no
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shortcut to finding these coins you know if people of dealers had access to unlimited amount franklin half dollars
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they would have submitted many of these full belt line examples uh for encapsulation
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and then would have auctioned them off so if coins are selling for 1500 two thousand three thousand or more dollars
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in gym for full belt lines it's a good indication that they're gonna be very difficult to find so what are my
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tips like i have some tips for you guys how you find these coins in the wild
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without buying them in holders and paying that premium so my first tip is look at collections
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that come up in estate sales or or especially collections that are original that are 40 50 years old
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one owner coins especially mint sets that are one owner mint sets how can you tell well usually
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the envelopes are in very good condition the coins don't look like they've been taken out they still have that
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that sort of that freshness to them they the paper isn't well worn second thing to look for is again look
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at the left side of that bell all the way to the crack use a loop use good incandescent lighting and don't
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be hasty when you're looking at these coins also don't overthink it if if you are on
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the fence about whether it's a full bell on coin or not um i think that that's pretty much a
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good indication that you're trying to either convince yourself that it's not or you're trying to convince yourself that it is
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and whatever side of the fence you are on if you can make a logical uh conclusion that well i really
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wish it was a full beltline coin but that hit cuts it in half i mean that's telling you that it's not
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and you're just kind of hoping for something on the other hand if you're looking at the coin and you can't see anything wrong with it but you're trying to
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convince yourself that oh but if i submit this it'll never get it because it's valuable well you know there is no like hidden
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agenda with this this is not one of those very difficult to figure out numismatic
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mysteries the lines are there they're not so um so get fresh coins if you can take your
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time looking at the coin but don't overthink it the lines are there they're not the third tip i would have is look at
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coins and holders sometimes uh these things get missed and so anytime you see an ice coin like
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a really nice coin that stands out just take your time look at the back of the holder you will see
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you know very low percentage of the time they go find a coin that may maybe graded 65 that was really just
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borderline or that maybe the graders missed it and you know that that's a great way to
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cherry pick a coin that's that's a quality coin to begin with but i think your best your best bet is to to buy fresh
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i would not recommend that you uh look for full belt wine franklin half dollars by buying a
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pre-owned mint sets off of internet sites like ebay especially from uh coin dealers or
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people who have traded in coins have thousands of feedbacks for selling the similar types of items
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because anybody who's savvy enough to take good photos of a coin and put it up on ebay and sell thousands of coins and make a
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living off of it knows how to look at coins we'll look at these coins we'll pre-screen them and take anything
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that's worth getting graded and get them graded also on the other hand don't trust
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any online auction where the auctioneer says oh you know my great uncle had this big
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big coin collection and i'm selling it and here's a bunch of like rando coins and because
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those stories never pan out either it's a great oh maybe i got this wonderful collection kind of like mystique to it
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but it's all marketing a real old-time collection is like maybe something you find local or at an estate
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sale where somebody had coins they collected them for a while and maybe they passed away and then the
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family's just selling some of their things um you're not going to find online from
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professional sellers old collections that are aren't sorted through aren't cherry picked already
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um let's just uh imagine that we're going to go and collect coins and we're looking at the franklin half
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dollar series and we're going to say well you know i'm not going to cherry pick coins i'm gonna try to pick
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nice coins i'm gonna i'm gonna put a collection together should i buy graded coins or should i
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buy raw coins so raw coin set and a dance go or a whitman album
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is a worthwhile pursuit um many of the coins can be bought in mint
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sets as i've said coins can be raw bought raw singles uh they can be bought and circulated or
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uncirculated grades i personally prefer the uncirculated coins for the series and putting a nice album together is a
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great hobby it could take you know you could spend a few months on it
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if you have a more limited budget maybe even longer it's the type of collection that even a
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youngster can collect because and and most of the uncirculated grades these coins aren't incredibly rare
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uh silver is going up in price but not to the point where these coins are going to be out of reach to most people
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uh there's nothing like looking at this full set it's a nice link that's not too short it's not too long
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there's some pd and s mint coins and it's a really interesting period of time 1948 to 1963.
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um i think that if you're going to buy raw and you want to put a set together expect to spend between six and six
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hundred and a thousand dollars to complete the entire set if you're going to buy certified coins
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the price will go up by multitudes but is it worth it now honestly i think that
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depends on your goals if your goal is to simply look at and admire a coin
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it's probably not worth it to buy certified examples but if your point is to have specific
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types of coins the specific uh levels of preservation or or look
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like if you're looking for toning or brilliant coins or if you're looking for coins that are full bell lines
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then you have to go with certified coins uh the certified coins typically will
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have most of the nicest coins available to the collector market they will be looked at and observed by professionals
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and they will be traded as such a raw coin has the potential to be an ms66 or
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an ms65 but it isn't actually one as viewed by the industry until it's in a holder
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so you have a coin that could be worth 150 200 but it isn't until it's in that
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holder and so that's the difference so yes you can have a great dansko album
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cherry pick some nice coins those coins could be certainly worth more than your typical
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bu barely uncirculated or barely used coins that you might find
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it uh you know through whatever channels you buy your coins at but they they only have the potential of
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having a higher market value they don't actually realize that market value until
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they're in a holder now you could take let's just say i had a raw album full of 67 full belt line
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level franklin half dollars and i took them to a very knowledgeable specialist dealer
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and i said listen i have this album of the best franklin half dollars you've ever seen
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and you're not getting them unless you pay a significant amount of money now that dealer with that level of
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knowledge will be able to look at your raw coins and determine that you're right
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that these coins are all fantastic and that they would grade out and they would be worth a ton of money
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now he's going to mitigate his downside risk he might even say well i'm going to go in with on you
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or with you on this at a certain level and i get this cut and you get that cut
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but only that kind of dealer is going to take that kind of chance paying a significant premium for raw coins most
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dealers are not at that level of specialty and although they can identify a coin
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that's going to be a gem or a choice coin and typically you'll be able to identify a coin that's a full bell line coin or
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not they're not going to sit there and take all the risks for themselves and submitting the coins and then having
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to market the coins and letting you get off scot-free so
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keep that in mind that is the difference between certified points and uncertified coins um and again
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full belt lines for some dates it's not a big deal like the 48s the 49s some of these dates
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most of the coins come full bell lines and if i was a collector who wasn't specifically interested in
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having a complete set of full balloon points if the premium is negligible between the
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full belt line strike and the non full belt line strike i would go with the full belt line coin
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and i do and i say that because like you know for a 48 or a 49 if you're selling it
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and it's not full belt lines and most people find that the full belt line coins are readily available
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then you basically have a coin that checks only a couple of the boxes but if if you have it already and it
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didn't cost you a premium there's no reason to like you know sweat it 10
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15 bucks just get the full bell line coin toners okay so the franklin half dollar
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being a 90 silver coin uh has a lot of nice toning some coins are toned throughout but
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they're not colorful terminal types of toning they might just have that like brown or
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gold spatter across it so the key when you're getting into toning is to realize a few things one
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throw the price guides out they don't matter uh premium toned coins will sell for many
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multiples of the price guy two certified coins only
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do not pay a premium for any toned coin that is not certified if it's not certified and it's a premium
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tone coin it or it looks like one it probably has been uh either doctored or won't make it into
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a a certified holder not every coin in a certified holder is natural toning but it's very difficult
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to get an obviously artificially toned coin into a holder
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the other thing to look at is compare try to find comps of all the different
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dates and the similar types of tony uh stax powers heritage auctions uh
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uh and legend rare coin auctions uh probably i would say look at um
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if there's a if there's a high resolution photo of the coin available at any of these grading service websites
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look at comps see what the comps are selling for legend has made a market and selling
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high-end tone morgan dollars i think they get like record prices for these things so go look at what their their their
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upper tier coins are bringing with that kind of toning for those kinds of dates and then
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once you get a feel for what it's going for then you have a baseline but use only that use that as a baseline
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what you need to do is to decide for yourself what that coin's worth to you and and so uh
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if it's a 50 a 58 p which is very easy to find really nicely tone
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examples especially with that sort of watery kind of luster uh the first thing i would think
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about is this well this is fairly easy to find tone so i don't want to pay a super
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premium because there are a lot of toners out there the second thing is how nice is this toning
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if it's like a red green toning and there's a lot of them out there that maybe i'm like not so excited about
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the coin but if it's just an eye popping like almost like a fluorescent or
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beautiful rich blue kind of coloration and it's like all throughout and like i
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haven't seen one like this that's just really pops well then then you have that emotional appeal
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and you start to see well emotionally i think this coin should be in my
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collection i'm willing to pay well over what the comps are because i don't think this compares to those coins
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and i definitely have to have it and that's going to be the psychology that dictates what the price is
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and it's not just going to be your psychology it's going to be the psychology of other bidders as well i'll tell you when i
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went uh through my uh ike dollar collecting phase uh there was a coin that priced out at
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150 160 dollars in in the grade of ms 66 and
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the dealer that i was working with on the coin wanted almost a thousand dollars for it and you
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know i hemmed it and i hauled about it but eventually i'm like all right i bought it um and that was
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probably the dumbest thing i ever did because uh not buying it
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but selling it because i sold the coin uh and uh the next time it showed up for
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auction it sold for about eleven thousand dollars uh because uh it was uh under graded
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and i let it go and i probably should have held on to it but i you know it is what it is so anyway
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that's the thing so what are the comps what are the prices of the comps how much do you like it what can you
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afford you know obviously you're not going to go pay top dollar for something if you can't afford it
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um i think the franklin half dollar in certified grades is a great set for people who want to spend 100
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bucks 150 bucks a coin for gyms it's a great collect a set if you want
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to spend 50 or 60 bucks and get gems or ms 64 type coins
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and if you want to just be the guy who has the best coins that ever were struck or known in the series and
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you want to pay like big dollars for it it's a nice uh it's a nice coin collection
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the franklin half dollar is one of the more popular modern coin series because it's so clean
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and so elegant and 20th century coins in our opinion at coin week are going to be where the market shifts
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towards uh in the next 30 to 50 years it's going to be the primary place i think where people are
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collecting and i see nothing but upside to 20th century u.s
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coins i think uh we will have a real interesting hobby as more collectors
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start looking at you know the gold coins before 1933 the copper coins
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uh before 1959 uh the nickels from uh let's just say the
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uh 1913 uh through the through the 1960s when
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the mint mark was moved from the um reverse to the uh obverse uh quarters
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half dollars uh silver dollars and whatnot so this is to me the richest area of art
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and numismatics outside of the 18th century and i think that for cherry pickers with varieties uh and
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just for the overall aesthetics and looks of the coin 20th century is going to be where it's at folks and
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that's my opinion i'm sticking to it so anyway everybody who's in the comments let me
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see if there's anything i can answer real quickly i appreciate you guys putting up with the uh putting
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up with any of the technical issues that i had uh so uh here we go let's see here
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um normies can afford well you know what here's the thing about coin collecting
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folks it's for everybody i mean if they say it's the hobby of kings but don't let that fool you we spend money every day and
32:57
the money you don't spend is money you can collect so yeah here's uh here's the ben
33:03
franklin and the coins that normal people can collect uh the depth of the line that can't be
33:10
interrupted well the line has to exist and the depth of the line basically is does it exist throughout
33:16
i mean if the line's there and it's delineated uh coin dragon then it's a line you know the the line isn't
33:22
like sharp and deep it's not like a ravine that goes across the coin and it has to have that in order to make the
33:29
designation it just has to be uninterrupted um see the ms
33:36
designation 66 should be deeper to 65. now that's not really true natural causes 66 just means that the
33:45
coin doesn't have as many hits or distracting marks as a 60 uh as a 65. so the higher on the
33:53
spectrum you go up to the theoretical grade of 70 means that the coin is perfect as struck
34:00
and then each grade down is introduces flaws planchet flaws
34:06
contact marks uh different uh distracting elements of it that take away from the
34:12
original design as intended so 65 30 40 years ago
34:18
called jim was uh interpreted as like the like a perfect collector
34:23
grade and as the grading has become more sophisticated and our tastes have
34:29
i would say matured but also our expectations have changed it looks like that 66 67 grade
34:36
has become where people are expecting like flawless nearly flawless clean coins and
34:43
for circulation strikes you don't see a lot of 67 68 types of coins uh usually these kinds
34:49
of grades are reserved for things that were struck specifically for collectors they weren't put in hoppers they weren't
34:55
banged around um but yeah so we if you collect silver eagles you're not
35:01
even looking for that anymore you're looking for 70 and that's just the way these coins have been marketed
35:06
to you as like this perfection but once you start getting into circulated coins the fact is perfection doesn't exist
35:14
but you're looking for as clean an experience as you can when you look at the coin and that's what makes the coins really
35:20
so interesting it's like you know that there's a trade-off that you're not going to have perfection but you're
35:26
looking for as clean and nice and experienced as you can get ah let's see if there's anything else
35:32
here [Music] my first franklin proof from the
35:38
cracking the bell was a scratch well um i'm sure you weren't the first person to think that um yeah i think that a cherry pick no
35:47
less than 366 ddo any hands or slab off ebay okay yeah you can cherry pick varieties off ebay all
35:53
day that's true but full belt lines i don't know if you can so much anymore um 54 proof franklin 69 star ngc i got
36:03
it uh that's a good coin there i got it in a proof set uh for 70 bucks last year well that's a
36:09
good did you dip that coin greg quinn um or did it come because a lot of those
36:15
things come kind of hazy this 500 dollars reasonable for sex uh holdered au 50 details clean 1883
36:22
hawaiian honest monsters i i don't know corey uh you know larry brace is a professional
36:29
numismatist um and i i believe that he's a you know pretty honest dude but
36:34
i don't know if the sex holders really bring a lot of money in the market and then as far as the uh
36:40
you know you start getting into details and stuff like that um you know you'd have to pretty much know
36:45
what a a non-detail coin would sell for and then sort of price in what you think the you
36:50
know what you think the uh the damage to the coin has been you know au details means somebody has
36:56
damaged it in some way um so anyway uh that that kind of does
37:02
it uh we're gonna have some uh i'm gonna be streaming uh on the newman portal
37:09
i think august 28 29 we'll have details on coin week i'm gonna be doing a lecture on five
37:14
things that the coin hobby can do to more or less modernize um
37:20
and uh i think uh i think we have a hobby that certainly reaches out uh or can reach out better
37:27
into the culture uh the culture is talking about coins uh and talking about money and uh we just uh
37:34
don't always observe it shout out to run the jewels who had a
37:40
lot of paper money and coin imagery in their latest song just you can check that out it's kind of
37:46
a controversial song and we debated whether or not we wanted to do a reaction video to it but we all only decided not to
37:52
but at the end of the day numismatics is everywhere folks and uh and uh i think as our hobby uh
37:59
continues to evolve and younger people get into the hobby i think we're going to bring more ideas about how the
38:07
how pop culture and how uh our modern society relates to money and
38:13
how that relates to our hobby and collecting it people collect all sorts of things nobody would have thought when they were
38:19
making transportation tokens so you could get on the new jersey turnpike that one day people
38:25
would be collecting them but that's the way it is i did a stream a while back on a chipotle
38:31
uh free burrito tokens like you know when those were made nobody there thought that there would be
38:36
a numismatic market for it and those tokens can sell for over a hundred dollars each uh way more than a burrito even though
38:43
they keep raising their darn prices so anyway that's the way that's the way it is uh around here
38:48
um tune in uh next week we have a cool podcast with kevin lipton where we're gonna be talking about
38:55
uh the 1804 dollar and then we got completely sidetracked and we started talking about the modern
39:01
coin market because kevin lipton made his name and his money selling uh rare coins
39:07
1804 dollars things like that but then he got into he got into modern coins and did it in a
39:12
big way and transform the market so i kind of learned a little bit about what the under
39:17
the behind the scenes uh wholesale element of the the modern coin marketplace is and how
39:23
that developed and i want to share that information with you we'll do that next week on the coin week podcast also
39:31
check out our site we have uh reviews from david alexander of kubert walker my new book 100 greatest
39:37
modern world coins which you should definitely check out please check it out if you like world coins i think you'll
39:44
really enjoy it uh and then uh coming up soon we're gonna host the numismatic literary guild
39:50
awards uh for 2020. normally that was would be held at the a a world fair of money uh it'd be a big uh
39:57
to do like a dinner gathering of some of the best writers in the industry we're going to do it virtually this year
40:03
i have video clips from david gantz uh judge coordinator ron guff the executive director of the
40:10
nlg i was on the board of governors uh i have um the new board is coming in
40:16
actually i think yesterday so uh we we we do the whole thing in a virtual setting where we announce all
40:21
the winners uh and we'll have a date for that soon as soon as uh as soon as we get that video ready and
40:27
the nlg uh schedules the uh the program so a lot of great stuff going on
40:33
uh numismatic industry is is plugging along um staxx powers and heritage have had
40:40
their big august sales which would have been at the a a some really big prices uh on coins
40:46
stacks bowers just sold d brent pogue's numismatic book library which has some incredible books in it a
40:53
lot of nice coins have been sold um and uh it is uh
40:58
the market continues even as we're all stuck in our homes so anyway i would like to thank you guys
41:03
for stopping by and for coin week i'm editor charles morgan and i'll see you next week with another streaming news segment