Archive for the 'Uncategorized' Category

Getting Started with Coin Collecting

December 23, 2010

by Lee Minshull

As owner and president of Lee Minshull Rare Coins, Inc., I developed an early passion for coin collecting. Known as “the hobby of kings,” coin collecting opens up an exciting new world that is equal parts fascinating and enjoyable. While there is no correct way to collect coins, here are a few tips to help you get started.

1. Start collecting with circulated coins. This is a good, low-risk way to begin to learn about the hobby. Many people start by collecting state quarters or Presidential dollars. Obtain an inexpensive album from a coin store, and place coins that fit within your collection into it as you find them in your pocket change.

2. As you start out, focus on one type of coin rather than several.

3. Use the Internet or purchase a book as a reference which can help you learn about the types of coins you are collecting and teach you what to look for.

4. You can purchase rolls of coins from the bank if you’d like to grow your collection more quickly.

5. Don’t spend a bunch of money before you are sure that coin collecting is a hobby you enjoy. This is why circulated coins make such a good starter collection – if you find you don’t enjoy collecting, you can just spend the coins.

6. If you discover an interesting coin, research it to learn more about it. There are various places you can go to research coins including coin collecting websites, local coin shops, and collecting guides.

Scuba Diving

December 4, 2010

Posted by David Haberthür

When not working in numismatics, Mr. Lee Minshull is an active scuba diver. The term “scuba” was not applied to the sport until World War II, when divers commonly used it as an acronym for “Self-Contained Underwater Breathing Apparatus,” which referred to the oxygen rebreathers used for underwater espionage and warfare. Today, individuals worldwide regularly refer to any type of underwater breathing system as a scuba apparatus. Modern scuba sets use one of two methods to supply divers with oxygen. The most common system, the open circuit, provides divers with a single hose controlled by a diving regulator and linked to a pressurized gas cylinder. A modernization of the “Aqua-Lung” developed by Emile Gagnan and Jacques Cousteau in 1943, the contemporary system utilizes a two-stage regulator to bring oxygen to the correct level for the diver’s lungs. As a diver travels deeper in the water, water exerts more pressure on the chest and lungs, requiring that the pressure of inhaled gas counter the ambient pressure. This necessity explains why early air-tank divers were unable to breathe mere feet under the water: The Gagnan and Cousteau Aqua-Lung pressurized the gas in the tank rather than through a regulator. Now, the first stage of the regulator significantly pressurizes the gas, allowing the second stage to bring the oxygen to the exact ambient pressure. The other system, a closed circuit or semi-closed circuit, also known as a rebreather, recycles the diver’s breath, processing each exhale. After removing carbon dioxide and adding oxygen, the diver inhales the same gas. As a result, the system requires much less oxygen and releases gas bubbles, making it ideal for researchers and photographers because they can dive for much longer periods and do not disturb their surroundings. Divers, however, must seek extensive training before trying rebreathers, which are much more expensive than open-circuit systems.

 

Lee Minshull’s Blog

September 8, 2010

Numismatist Lee Minshull is an expert on 19th century American gold coins. A contributor to the Guidebook of United States Coins for over 25 years, Lee Minshull holds a lifetime membership with the American Numismatic Association. While still a teenager, Lee Minshull won the organization’s Outstanding Young Numismatist of the Year award.

The proprietor of Lee Minshull Rare Coins, Inc., based in Rolling Hills, California, Lee Minshull buys and sel1s U.S. gold coins. His particular specialty is the US $20 coin from 1850 to 1932.

In addition to coins, Lee Minshull holds a long-standing interest in antique maps and globes. Lee Minshull owns 25 vintage globes, including the “Minshull’s Terrestrial Globe,” an early 19th century globe manufactured by a travel company that shared his name.

Lee Minshull belongs to several industry organizations, including the Numismatic Guarantee Corporation (NGC), the Professional Numismatic Guild (PNG), the Florida United Numismatists (FUN), and the Professional Coin Grading Service (PCGS).

An industry leader, Lee Minshull has earned a reputation for favoring a continual turnover of merchandise as opposed to high profile, flashy sales. Combined with his business associates at Lee Minshull Rare Coins, he has over 100 years of numismatic experience. Lee Minshull and his staff have contributed to some 30 industry journals and 12 books on U.S. coins.

Lee Minshull began his career with the Steve Ivy Rare Coin Company, now Heritage Rare Coin Galleries. Lee Minshull held a variety of responsibilities at the firm before accepting a position at Kevin Lipton Rare Coins before eventually founding his own company in 1992.