Archive for April, 2008

Like some of the other rare errors that are in the world, the bonded coin error is probably right near the top of the rarity scale. This is due in part to the fact that the bonded coin is one of the most dramatic errors that many collectors and dealers will ever see. Largely thought to be the work of a malfunctioning feeder, this type of error rarely leaves the mint.

The bonded coin error is nothing short of a major malfunction in the feeding machine for the coin press. The press relies on the coin feeder to bring in the blank planchets to be struck as well as eject the already struck coin. When the coin is not ejected it remains in the retaining collar to be struck with the next coin that comes in. In rare cases the coin will not be ejected again and receive yet another strike.

Once the second strike the two coins become bonded together as do all the others that strike the same area. So what you end up with is multiple coins all bonded together in a rather unsightly form of coinage and wrinkled metal.

There have been extreme specimens found that have as many as five coins bonded together. This is rare and when something like this escapes from the mint it is impossible for it to have done so with out help of a mint worker. That is why the Secret Service announced that bonded coins are illegal to own if there are more than two bonded together.

The most common form of the bonded coin is simply two coins of the same denomination. Of course common is a fairly loose term here as there are only a few examples of this type of error floating around. Most of them reside inside high dollar private collections never to see the light of day again.

True bonded coins are easy to detect because the metal will show signs of extreme pressure and distortion. If you see a coin that is bonded with another yet looks fine otherwise then you have found a fake. Someone has manually bonded the coins for purposes of defrauding the unwary collector.

For all bonded coins it is best to check with the Secret Service to make sure that they are legal to own.

Brad Hall is the editor for http://us-mint-coins.blogspot.com the number one resource for bonded coin information anywhere on the web.

Tags: bonded coin, , , , , coins, error coin, us error coin, us mint coin

With a few rare locations, people don’t just play coin-op games for the heck of it. Between consumer video games, home recreation options and free entertainment in locations like televisions and radios, it can be hard to make a profit.

However, here are five quick, nearly free, things you can do to nearly instantly improve your cash box.

1. Create a Challenge

2. Educate Your Staff (and location staff!)

3. Educate Your Players

4. Create a Mailing List

5. The Media Can Be Your Friends!

Create a Challenge:

In the good ole’ days, people fought furiously for the top spot in the high-scores table on video games. Today however people need something more - for video, pinball, pool, or darts. Promotions as simple as offering free movie tickets, a steak dinner or even a tee-shirt can be the difference between an empty cashbox and a full one. The best part is that often you can find sponsors to provide the items in exchange for being promoted in your locations.

Educate Your Staff (and location staff!):

Your staff as well as those in locations should be knowledgeable about the games. This will help when interested players might have a question about how to play or if the game is “good” or “fun.” Having a staff member there able to say, “yeah, it is a great game, let me show you how to play it!” can turn someone interested in playing into someone who can’t stop!

Educate Your Players:

When you get a new game, do you just place it in the location and hope people want to play it? If you are, then you are missing out on a great promotional opportunity. Try placing posters in the bathrooms, on the front door or even tent cards on the tables.

Create a Mailing List:

People who you know already play your games are the most likely to play more of your games. Try putting together a simple email list to send out alerts about new games, challenges, events and high scores etc. Something simple like this can bring back veteran players and instantly increase the success of any promotional event, as well as driving people to play new games when they arrive at your locations.

The Media Can Be Your Friends!

Don’t forget about the power public relations. The media are always searching for story ideas and you can often piggyback on a national story by giving your local media a local angle on a larger story. For additional help on public relations efforts, please contact our parent company, marketinghelpnet.com for a free marketing consultation.

CoinOp Sports (http://www.coinopsports.com) is dedicated to helping operators and location owners promote their games to reach their maximum revenue generating potential. We don’t stop with the cashbox and neither should you. Contact CoinOp Sports today to learn how you can generate additional income through proper promotion and marketing of coin-op games that you already own! We specialize in pool, darts and video games.

Tags: arcade, , , , , , , , , , , , bar, coin op, darts, game, games, leagues, pinball, pool, promotions, tournament, video

The Value of Gold in a Era of Paper Assets, Stocks, Bonds and Mutual Funds…

The facts behind the increasing demand for gold and silver, rare coins, and historic collectibles from the U.S. Mint…

No other substance on Earth embodies the unique characteristics of gold. Its yellow lustre and beauty are unsurpassed. Since the earliest days of man, it has been admired, molded, shaped, and worn as a symbol of wealth and good taste.

The romance and lure of gold is enhanced by its historic use as a storehouse of wealth. Gold’s value is intrinsic. Its value is a measure of the true wealth and the stability of national currencies the world over. Throughout history, every paper currency has become totally worthless over time; yet gold remains.

The precious metal gold cannot be created or destroyed or altered. It forever remains one of the most liquid investments with no geographic boundaries. Gold is bought, sold, traded, and stored in most parts of the free world with complete privacy. Likewise, U.S. gold coins enjoy many of these unique advantages.

In a world where paper currencies come and go, where paper money can be depreciated 25% to 30% overnight, the price of gold cannot be manipulated by any single nation or borrower. On the contrary, gold is the foundation of today’s world monetary system.

Acquiring U.S. gold coins put you in great company through American history. Prior to 1933, all U.S. paper currency was backed dollar for dollar by gold reserves. Today, paper dollars are backed only by a government promise, nothing more.

For investors who value gold, they recognize the safety, privacy and instant liquidity of U.S. gold coins. As official legal tender, each coin has a guaranteed weight and gold content.

Numismatic coins, especially the pre-1933 U.S. gold coins are highly sought after by asture collectors and investors for more than their pure gold content. The Saint-Gaudens, the Liberty series, and the Indian Head U.S. gold coins are admired and collected worldwide for their historical significance, beauty, and rarity.

Unlike gold that is minted by the tons annually, U.S. Gold coins minted prior to 1933 have a fixed and limited supply. No more will be minted ever and the older they get, the more highly prized they become as important pieces of American history.

We hope your visit will encourage you to add more rare and valuable U.S. gold coins to your collection and to learn how to build sets that will appreciate in value and be greatly admired for many generations to come.

By STEVE RENNER

Steve is the ceo of cashgcards-goldlynks
rare/gold coin club
he was the best isp in 1997
check out his about us page at
http://goldlynks.tripod.com he is also a member of 22usd club http://www.egoldcash.22usd.com
this article is free for distribution

Tags: collection, , , , Gold Coins, LIBERTY COINS, rare coins

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