Do Not Spend this 1980 Nickel!

Coins you can find in Pocket Change:

Paper Currency you can find worth a Fortune:
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*None of this is financial advice, this is for entertainment purposes only. The video is accurate based on the posting date. Some links that appear on this video include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partner websites. Some of the offers may have changed or no longer be available.

[allisoncolby]

Hello, to my favorite coin channel~(sorry in advance for the long comment, 🙃)

I'm glad that you start your video informing people of your knowledge and skills at helping people prosper from buying/selling coins and grading knowledge.
Although your knowledge and professionalism should be obvious, like it is to me, people who are really new to this hobby may not fully know what that includes, so its good to say.

I have been watching your channel for m some time now, and it is one of only a handful from the many I've watched, which I feel, clearly shows you are skilled in this numismatic field. Your videos are filled with useful and truthful information, and indeed a very nice "gift" and contribution, as a tool (for lack of a better word) in helping people learn about the ins and outs, and do's and don'ts of grading and collecting. Of course, it would likely take many years to become as good and knowledgeable as you are, but with every video, I continue to increase my knowledge and awareness of the entire aspect of grading requirements and qualifications. Because of what I've learned, as of now, much of this I have well stored in the memory hole (haha), of my brain, but from watching your videos as frequently as I do, I've finally discovered the area I'm having the most difficulty learning about, and that is the "buyer timing" you'd mentioned, of the auctions and buying and sales.
You highlighted this topic using 2 of the nickels you featured in this video. One being sold in 2013 for $1, 500., that was virtaully in the same condition as one sold from the 2020's selling for $500. Regardless of the fact that $500 is still a significant profit off of 5 cents, $1, 500, is substantially more. The fact that someone made a good profit, but the buyer apparently lost money, if they now couldnt resell that coin for anything over $500.
It makes sense to keep in mind certain unchangeable qualifiers that the grading standard adheres to, such as, rarity, year, how many produced, and from which mint, etc. But the more "fickle" aspect appears to be, in what isn't so known, like a buyer being willing to pay substantial money for a coin that isn't graded very highly. How could anyone ever know for sure, they would profit so highly from a coin that doesn't by all accounts, seem to be an item that is greatly sought after. Or have what doesnt produce much of a profit from a coin that is graded highly. To me, the timing aspect is the one thing I find most confusing, as to how anyone could actually know what signs to look for, in order to be aware of when "good timing" is, other than just luck. Is good timing just another word for good luck? Or are there actual things to look for that indicate good timing, and what would those things be? Are those things just and only understood by professionals with good math skills?

I suppose like many things in life, one must consider the risks, and It's not usually wise, to take risks that may very well result in a huge loss, having spent or sold something that as a result, was extremely difficult or impossible to recover from, and expensive lessons are often the most painful. Someone should have at least basic understanding of what "gambling" and odds consist of, and how this element is a present factor in much of what revolves around money, and the odds and risks of financial transactions arent always so out in the open.

Of course, the more money a person accumulates, the more necessary it becomes to "learn how the game is played", considering its not something thats taught in grade school, and there is now more to lose. For those of us not gifted in mathematics or how the financial world operates, it can be stressful and frustrating, knowing there are people who excel at "the game", if we, ourselves, do not, and no one really wants to suffer big losses from not knowing "the rules"or risks before they engage in it.

I happen to be in the position of not knowing whether I could fully understand what goes on in the mind of a financial whiz, but knowing the basics matters, such as the questions I asked, regarding timing or buying and selling. Anything further, I'd likely need help with. So much to learn! I do appreciate your informing people about the likekyhood of receiving high grades on their coins, and to make sure they understand the grading standards well enough, before they pay to do so. That is very responsible and considerate advice.

Anyway, I've rambled on long enough with my thoughts. Just figured there wouldn't be a better place to articulate them than here.
As always, thanks so much for your ourstanding channel. Its something I truly appreciate and learn much from, in my quest for understanding all there is to know about this uniquely interesting subject and hobby.
Sincerely, ~AC

Ps. I would love to see a future video about the 1980 cent coin. A have a few that are in pretty good shape, that I'm curious about, as to what previous purchases and graded examples consist of. In any case, I have enough coins to work with that are of the dates and types you frequently cover, and my interest in your channel is always peaked and sustained...~Thank you~!
👍😎✨