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The Error Collector's Blog

10 Feb 2023

How I Earn Money to Buy Coins

Young Numismatists Exchange | The Error Collector

Because I am too young to be employed by a business I have to find other ways to earn money instead of working at a job. I want to work but the child labor laws keep me from working. I have found other ways to earn money to add to my coin collection. The top ways I get money for coins include recycling metal, yardwork, and gifts for Christmas or my birthday. I will talk about each of these ways below, and include why I like them.

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03 Feb 2023

Finding a rotationally miss-aligned die large cent

Young Numismatists Exchange | The Error Collector

The ANA has several amazing youth programs that help young numismatists learn about coins and earn cool prizes, they include the Dollar Project, the Early American Copper Coin Project and the Ancient Coin Project. I completed the Dollar Project last year, and am now working on the Early American Copper Project. I completed the first section and received an 1854 Braided Hair large cent. To get the Matron Head large cent I had two write two blog posts, which I published here on the ANA website, and also get elected as an officer in my local coin club. I eagerly completed the requirements and sent in the form for the second coin. I received a Matron Head large cent for the second submission. The coin I got was an 1835 Matron Head large cent that graded VG-8. This grade is described in the Red Book as "LIBERTY, date, stars, and legends clear. Part of hair cord visible." This coin is worth about $30. I wondered about what it would have purchased back when it was minted. According to The Southwestern Historical Quarterly, October 1947 (p. 170), in 1835 a cent could buy about one 1/3 ounce of pork, 1 ounce of bacon and ½ ounce of sugar. This is quite a bit more than a cent can purchase today! I don't know of anything that I could buy with just one cent! My dad used to go buy penny candies for one cent, but nobody sells them anymore.

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