Coins and silver are both items that we all want more of, but oftentimes finding a bit of extra money to put towards that part of the budget can be difficult. Whether if it's that extra ounce of silver for the stack, an inexpensive addition for the collection, or whatever you may want these different methods will help you get a bit of extra money to buy coins with! Here are some very simple and easy ways that you can passively earn a few extra dollars which can be used to increase your budget for coins, and add a bit more to your collection! Search Engines like Swagbucks and Bing ($5/month each)Swagbucks (I have this one defalted as my search engine) I personally have Swagbucks.com deflated as the search engine on my computer, and I have always been happy with it! This search engine is ran by Yahoo, and is used just like Google or Bing, but you get a small share of their ad revenue for your searches! The way this works, is first you sign up for an account, set up the search engine to be the deflated one on your computer. After that, at random times a three letter code will pop up ( usually once or twice a day), you type the code into the space provided, and BOOM you will get a few “swagbucks” added into your account. Each swagbuck is worth one cent, and I have never seen them pay partial swagbucks like other companies do. The amount that you earn from these codes is as low as four cents, and as a high as a dollar, but on average the amount will be between six to eight cents, and sometimes you will get one that is worth twelve to fifteen or even twenty five cents. There are many different gift cards that you can redeem your points, for, and you only need to have $3 worth of swag bucks to redeem for an Amazon or eBay gift card! Additionally, you even can get a 12% discount on a $25 gift card each month, which is AWESOME because that stretches your money much father! On average, I earn about $4-$5 with this method each month. Another great website to make some money through a search engine is through Bing! They have a program called Bing Rewards which will allow you to earn points that can be used to make some money with their search engine! Unlike Swagbucks, each and every single search that you do allows you to earn five points, where you can make 150 points through the desktop browser, and an additional 100 through their mobile platform every day! These points can be redeemed for many different things, such as Amazon.com gift cards! This method is a little bit more passive than Swagbucks because you do not have to type in a three letter code when it pops up, and can benefit someone that does not use a search engine a lot because you get points every search instead of every once and a while. In general, I earn about $4-$5 with this method on a monthly basis! Personally, I use a combination of both where I have Swagbucks defended as my search engine, and I have Bing on my phone so I will always make a bit of money when I use a search engine! I also go over to Bings desktop platform so I can get points from Bing as well as Swagbucks every day! 2) Having advertisements on your phone. ($3-$4 a month) (For Androids only, sorry I-phone)Although this method of getting some side cash is only available to Android phone users, this is something that I am a Huge fan of because of how easy it is! I have used many different platforms in the past such as Smores, Admee, Slidejoy Fronto, and even some other random ones, but I have my favorite ones listed below! S'Mores Personally, S’mores is my favorite app when it comes to making money with you lock screen! This app is something that I have been using for a while, and I like it a lot because it pays you the most money for your amount of work in comparison to the other ones that I have tried. In fact, this lock screen takes the same amount of effort as a normal lock screen does. PROS
Admee Pros
There are a few other ones, but I personally would recommend only the two above, because all of the other ones pay a lot less for your effort, amounting to around five cents or less a day. 3) Invest in the stock market. (Robinhood is the best!) (Varies)On the right is an actual graph of the profit that I have been able to make through the app so far (including the free share of stock that I got when I signed up) My initial investment was $250, and after less than three months I have been able to make $25.04, right at a 10% return! Investing in the stock market, if done right can let you earn compounding interest, that can earn you a whole pile of silver some day! There is an app called Robinhood that is, in my opinion the best brokerage that is out there, because they have NO COMISSION FEES! This brokerage allows you to trade stocks that are listed in the NYSE or the NASDAQ through your phone, or on their website and has a very sleek and simple design! This company makes their money by earning interest from the cash balance that you keep in your account, and through their gold plan which costs around $15 a month. They also cut a lot of costs by being very simple, where the trades that are made are through a computer, and they do not have the reasearch tools that many other brokerages have. Also, you can only simply trade stocks and ETFs and options, where they are rolling out crypto in some states! (there is still a 2 cent fee from the government that is relevant on all trades.) Personally, I have loved how I have been able to have a very diversified portfolio with just $250, and how I was even able to get a FREE SHARE OF STOCK when I signed up! All other brokerages, even ones such as Ally invest charge $4.95 to buy and $4.95 to sell simple stocks and ETFs, where I have been able to make a 10% return on such a small investment with their lack of fees, enough for an ounce of silver plus some! BEST OF ALL- you get A FREE SHARE OF STOCK IF YOU USE THE LINK BELOW WHEN SIGNING UP! This stock is worth anywhere between three and a hundred and fifty dollars, where in most situations this share of stock is worth about $5-$6. https://share.robinhood.com/brandos3028 It can be very hard to find money to buy coins or silver with, but by doing simple things such as by having the right lock screen or search engine, you can get some more money to buy coins with! These methods will not make you rich, but most of them will let you earn AT LEAST $60 to $70 a month, which is more than enough for a few extra ounces of silver!
Also, please use the hyperlinks that are in the article if you want to sign up for anything discussed in this article, because using them will help us both out. Thank You, Have a good day!
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Coin Collecting is a very enjoyable and fulfilling hobby when done right. Throughout the years, general advice has developed in the industry to help people be successful in coin collecting, which is discussed below. This advice is oftentimes the base of peoples success and has saved people thousands of dollars. 1) It's Not An Investment When you buy coins, for the most part, you should not purchase them as an investment. Yes, there are opportunities here and there to make a few dollars but when you factor in things such as gas, small fees, and your the few dollars you made in profit is not very much in reality. Although there are people that have made a lot of money in coins, you have to keep in mind that the coins that make the most money are well beyond the average persons budget, and often times cost tens of thousands of dollars apiece. The reason why coins of this nature make the owner of them so much money is that they are off the market for a long time, and are sought after by collectors for one reason or another. Buy The Book Before You Buy The CoinIn coin collecting, knowledge is the most important thing that you can ever have, where it is the only difference between success and failure. If you want to know a coin's history you have to have knowledge, if you want to determine a coin's grade, you have to have knowledge, if you want to be able to determine fi a coin si fake or not then you have to have, well, knowledge. Whenever you are getting into coins, you have to make sure that you at least know where to look for knowledge about coins, or have some reference manuals about coins to help you understand aspects about them such as their value, rarity, and history. After all, no one wants to spend hundreds of dollars on anything just to find out they have to waste their money. Also, always ask questions, as we here at Let's Star ta Coin Collection will answer any questions that you have about coins FOR FREE! 3) Buy The Coin, Not The SlabThere are four major companies that professionally grade coins, PCGS, NGC, ICG, and ANACS. These companies provide professional authentication, grading, and protections services for coin collectors and dealers. However, you have to keep in mind that whenever coins are grading coins, it only takes about a minute or less to grade an individual coin, which means that lot of coins are graded by these companies. Additionally, mistakes are made where factors such as eye appeal, strike, and luster are not taken into effect like they should, which is why companies that verify a third party graded companies work such as CAC, CACA, and QA are so successful. Whenever you go to buy coins that are in third party graded holders, make sure that you agree with the coins grade and that like the way the coin looks. This also means that from a realistic point, even if a coin is in a details holder it might not necessarily be a bad looking coin. 4) Cash is KingWhen you are purchasing coins, I strongly recommend that you always have some cash on hand. Oftentimes, coin shows and coin shops only accept cash, and those that do accept credit cards typically tack on the 3% processing fee to the price of the item that you are purchasing. The same also goes for online bullion dealers, where a discount is often provided to buyers that use a check as opposed to any other method. 5) Never Clean Your CoinsWhen you have coins, keep in mind that even if there is dirt or some other distracting substance on a coin, it is still the original surface of the coin, which is like paint on a car. If you have a really dirty coin, there are ways and products to slightly clean them to take some of the dirt off without damaging the coin, but always talk to an expert before trying any of these. Once a coins original surface is removed, it cannot be put back. 6) Rarity is RelativeThis is a key that many people simply do not understand, where it is discussed and represented in various areas of the market as below a) Survival Rate, Not Mintage Is ImportantKeep in mind that the availability of coinage is based on the survival, which does not necessarily reflect mintage's as there are many different factors that affect how coins are treated over the years. Always refer to price guides such as the Coin Dealer News Letter and the Redbook (A Guide Book of United States Coins) for ideas about relative availability for series and the value of coinage. Keep in mind that in general the Redbook is of retail prices, and the "gray sheets" are for wholesale prices and they assume that there is no damage on the coin such as scratches or cleaning. Also, the coins only have average eye appeal. Basically just an average coin. The situation is similar in another area of the coin market, the semi numismatic portion of the market, is one that consists of many different series of coins that have mintages of just 5 to ten thousand coins. You have to keep in mind that these costs are always saved to their full mintages, minus possibly a few coins here and there. Additionally, they due to the number of designs that are produced each year and the premiums that are associated with them means that the demand is not super high for any individual series, especially considering that people do not collect them by series b) Mint State Does Not Always Mean RareThere are a lot of dates of coinage, especially int eh 1800s where for some reason people though that they would be worth a lot of money so they hoard them. This is why you can find 1909 vdb pennies in mint state graded, later date walking liberty halves, and even some Morgan dollars in mint state grades of not a whole lot of money. c) An Old Coin Does Not Always Mean A Rare CoinYou have to keep in mind that even though a coin is old, it is not necessarily rare or valuable. Take for example coinage from the Roman empire. This empire survived for over a thousand years, where even in recent times people find hoards of hundreds or even thousands of them, where almost entire coins can be purchased for just a few dollars apiece. Also, in the modern coin market, there are dozens of different coin series that are produced each year that have mintage's of 5 to ten thousand coins each. Keep in mind, that these coins series have an extremely high survival rate, and they are oftentimes sold at a high premium. This, combined with how very few people collect them in series, means that they aren't are exactly rare and are not going to rise in price a lot due to their low mintage's.
Well, there you have it. I really hope that these age old coin collecting tips help you and your coin collection. These tips have been used over many years by some of the most important collectors, and are key to building a successful collection. By: Brandon Spiegel, Owner and Founder of Let's Start A Coin Collection. |
Author: Brandon Spiegel.
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