Ep. 5 - Finding Treasure in 20th Century Toned Coins with Timothy Chen

The Cabbage Coins Podcast

Where you can find Timothy Chen:
https://www.wingedlibertyrarecoins.com/
https://www.instagram.com/winged_liberty_rare_coins/

Where you can find Cabbage Coins:
https://cabbagecoins.com/
https://www.instagram.com/cabbage_coins/

Have questions, or want to inquire on buying or selling coins? Send me an email:
[email protected]

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Keywords

coin grading, toning, numismatics, coin collecting, ANA seminar, PNP program, Baystate show, mint sets, proof sets, coin market

Summary

In this episode of the Cabbage Coins podcast, Tony Gryckiewicz interviews Timothy Chen, a notable figure in the coin collecting community. They discuss various topics including their experiences at the ANA Summer Seminar and the Professional Numismatist Program, insights from the Bay State Coin Show, and the nuances of coin grading and toning. Timothy shares his journey into the world of coins, emphasizing the importance of understanding different types of coins, their values, and the impact of toning on market prices. The conversation also touches on practical advice for beginners in the coin collecting hobby, highlighting the significance of starting small and learning through experience.

Takeaways

The ANA Summer Seminar provided intense and valuable learning experiences.
Networking at seminars can lead to lasting friendships in the coin industry.
Understanding the nuances of coin grading is crucial for collectors.
Toning can significantly affect the value of coins, especially overlooked denominations.
Mint sets and proof sets have different characteristics that affect their value.
The market for modern coins is still evolving, especially for toned coins.
Different holders can impact the perceived value of a coin.
Beginners should start with lower-priced coins to build their knowledge.
Auction records are a valuable resource for understanding coin values.
Unique coins with color can provide both joy and financial returns.

Chapters

00:00 Introduction to Cabbage Coins Podcast
02:59 Insights from the ANA Summer Seminar
05:15 Exploring the Professional Numismatist Program
08:11 The Allure of Toned Coins
10:56 Understanding Mint Set Toning
13:59 The Science Behind Tab Toning
16:58 Cellophane Toning in Proof Coins
19:44 The Value of Toned Coins
22:39 Third Party Coin Sets and Their Impact
25:27 Commemorative Coins and Their Toning Patterns
29:04 Subjectivity in Coin Pricing
33:02 Natural vs. Artificial Toning
38:22 Textile and End of Roll Toning
40:12 Horseshoe Toning Explained
41:20 Cat's Eye Toning and Its Appeal
42:22 The Importance of Coin Holders
44:06 Factors Influencing Coin Value
45:16 Advice for New Collectors
47:11 Exciting Finds in Coin Collecting
48:13 Connecting with Collectors