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Showing posts with label Coin Collecting. Show all posts
Showing posts with label Coin Collecting. Show all posts

Getting Started in Coin Collecting

If you are just receiving ongoing in coin collecting, the first thing you basic to do learn all you can about the hobby.

Wisdom it the key to star

Buy a good situation book, search the internet or subscribe to some weekly and monthly publications about the quarter of coin collecting that you are most interested in. If you don't take the time to educate manually you run the venture of killing a lot of money on coins that are either over-graded, counterfeit or have some other question.

Learn about the coin grading services and how coins are graded. It will take sometime to effusive understand and become good at grading coins, but it is important for you to know how to find the profit of the coins you assemble.

Start small when you are receiving happening in coin collecting and then work your way up to more valuable coins as your knowledge increases. The change in your compact or pucker is the total place to twitch. Learn all about present coins and their annals, tradition your grading, then work your way back to elder and more pink coins.

Get a real foundation before you spend much money. You may also want to line a coin batter if there is one unfilled in your quarter. Local coin clubs are a great place to gather new people with akin happiness and learn more about the hobby.

Here is My Favorite Coin to Collect

I worship the Morgan Dollar. It is not the only enter of coin I assemble, just my preferred. It will be a good example for you to get an idea about collecting a string of coins.

When you assemble coins in a sequence, you try to find one coin from every year and mint scratch of a particular coin. The Morgan Dollar is one of the coolest sequence. These silver dollars were minted from 1878 to 1904 and again for one more year in 1921. They are amply esteemed by collectors today and hunted after the world over.

Morgan Dollars were minted at several mints in the United States. These mints include:

* Blank (Philadelphia Mint in Philadelphia, PA)
* CC (Carson City Mint in Carson City, NV)
* D (Denver Mint in Denver, CO)
* O (New Orleans Mint in New Orleans, LA)
* S (San Francisco Mint in San Francisco, CA)

So, if you were to settle that you sought to gather the Morgan Silver Dollar Series, you would want to try to find one from each of the mints scheduled above for each year from 1878 to 1904 and the year 1921 (however, some coins may not have been minted every year at every mint).

(Mint marks for the Morgan Dollar are under the tail feathers of the receding eagle on the back or back section between the lettering D and O in Dollar.)

The Morgan Dollar would be a great way of receiving ongoing in coin collecting.


Here are Some, Other Ideas for Getting Started in Coin Collecting.

* Collect by Country: Collect coins of a definite country or group of countries.

* Collect by Type or Series:

o A sequence is a set of being a coin was minted with a precise goal and denomination (such as the Morgan Dollar example described above). Some other examples are U.S. Gold or Silver Eagles, Buffalo Nickels or Lincoln Pennies.

O A Type Set is one of each coin of a particular invent, series or epoch.

* Collect an aspect president or a certain denomination. For example, you might prefer to bound your collection to all pennies, or nickels, or any other denomination. Or, you might want to gather only Kennedy Half Dollars.

* Collect by Time Period: You might also like to assemble ancient coins or coins from a specific period in chronicle, such as U.S. Colonial Coins.

* Collect by Metal: You could amass only coins made of a particular metal such as gold, silver, or copper coins.

* Collect by Theme: You could pick a particular theme for your collection, such as coins with animal designs, dinghy designs or assorted commemorative coins such as Olympic coins.

* Collect Errors: Error coins coins that were produced in the same way and on the same machinery as other coins, but they have some class of slip for some rationale, such as a misalignment when the machinery was stamping or doubling of the figure or mislaid components.

* Collect Medals & Tokens: Another domain is the collection of war medals or commemorative tokens. These 'coins' are not official tender and have no financial price, but they can have help as collectibles.

* Yet another contact is the "shotgun" method of collection where you just gather coins which specifically concern you.


Just memorize, receiving started in coin collecting is not hard. In detail, it can be wholly fun and educational. And there are no set policy about what your collection should control. The most important thing is to have fun with it.

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What Coin Collecting Supplies and Tools Will I Need?

The most important coin collecting goods you will want to edge with are a good situation book, a generous magnifying schooner, and a good light mine.

There are many situation books unfilled. Be clearly to desire one that fits your question of attract.

When choosing a magnifier, get something that magnifies about 5 to 8 time (5x to 8x). Anything stronger than 8x isn't regularly worn in coin grading, but something that is lesser than 5x is too weak to see important niceties and small scratch lettering.

A good catalog for lighting is a 75 or 100-watt bulb that is 12" to 16" from your coin. Usually, excluding than 75-watts is not open to be light enough except you are using an exclusive high intensity lamp. Stay away from fluorescent lights altogether.

There are a Variety of Other Coin Collecting Supplies That You Will Eventually Want to Consider.

* A resource of surgical or weak line gloves to use when managing your coins. These will shelter your coin from fingerprints and oils from your skin, which can produce useless marks and other injure, especially with more precious coins.

* A tender cloth or velvet pad to lay your coins onto thwart scratches and marring.

Most Coin Collecting Supplies are Available at Coin Shops or Hobby Shops in Your Area.

As your coin collection grows you will should something to keep the coins sensible and confined.

* You can use envelops, jars, bags or boxes for newer and minus important coins that do not demand any special handling or cataloging.

* You can also get paper envelops of countless sizes anywhere they plug coin collecting goods to use for your coins. Be sincerely to get envelopes that are made especially for coins, or your coins may retort with the chemicals in the paper and change redden (tone).

* There are a diversity of folders and albums that are sold for chain and form sets. They bargain some protection from corrosion and handling, when suitably worn. However, don't use these for long designate storeroom of your upper grade coins as the chemicals used in making these can also reason toning in your coins over time.

* Plastic "flips" are unfilled in different resources.

O "Soft" flips, made from PVC, can putrefy over time which can cause break to your coins. These, then, are also not correct for long idiom storage.

O Mylar and acetate flips do not inhibit PVC. However, they are hard and breakable and could scratch your coin if you are not wise when inserting or removing them. These flips are a somewhat good select for moderate respect coins if you plan to entrust the coins in them for numerous living.

* You also might ponder "2x2s." These are Mylar-lined cardboard holders that come in two pieces that are stapled together after the coin in inserted. Some brands are identities-adhesive, however, and do not require stapling. Even still they are commonly known as "2x2s," the do come in other sizes.

* Plastic tubes are also untaken and last some coins of the same bulk. They are excellent if you keep them in a place that prevents traffic of the coins, and if you plan to delay them lonesome for long periods of time. Keep in thinker that you will not be able to vista coins placed in tubes as they are stacked on top of one another.

* For more useful coins, consider hard plastic holders. They are not known to repress any materials that spoil coins and recommend good protection against scratches and other real damage. They are unfilled for individual coins as well as small sets of coins.

* "Slabs" are sonically sealed hard plastic holders for individual coins. They deal the best protection offered, although it is still not wonderful. They are commonly only used for more important coins as you have to throw the coin to a third gather grading help to have them slabbed, so it is not worth the sacrifice in less costly coins.

As you can see, there is a large array of coin collecting goods vacant. Just keep in care that it is not crucial to have all these equipment to get ongoing in coin collecting. I have just planned a few gear that you might find that you ought as time goes on and your collection grows.

When you first recoil you collection, you really only need a sound desire to learn about the nature or cycle of coins you are interested in. You can learn a lot by surfing the internet. Eventually, however you will doubtless want a good mention book at the very slightest, so that you can transport it with you to coin shops and coin shows to have a certainly accessible direct to the coins you are looking at.

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History of Coin Collecting

Learning about the chronicle of coin collecting is fun and informative. Not only do you learn coin chronicle but you also learn interesting truth about account in universal. People have been collecting coins almost since the first coin was made and it would take numerous books to smarmy explore, so this will be an instruct coin collecting narration.

Every era of coins represents a wealth of information. For example, they can tell you what lingo was oral when they were made. They can also tell you what metals a country considered to be precious and what people of the era were detained in high regard. You could think of each coin as a new phase of narration that you can wait right in the palm of your hand.

Not only narration, however, but also art. Each coin is an instance of art in its own right.

The History of Coin Collecting as a Hobby
Has Been Traced to Ancient Times

Archaeological digs have unearthed stashes of dated coins in which no two were alike. It has been deduced from this verity that the people of that era were as fascinated with coin account as we are.

It is also reported that Caesar Augustus together coins and gave them regularly as gifts.

The California Gold Rushed, the courtyard of Queen Victoria, and even the achievements of antique Greece can all be seen in coin saga.

Many living ago, however, coin collecting had a more viable intention. Since there weren't any banks to keep their money in, people hoarded coins as a way to salvage for their impending. The coins that were the most interesting and superb were easily kept the best and then eventually passed down to later generations.

Around the mid 1800s, two large coin organizations emerged. They were the ANS or American Numismatic Society and the ANA or American Numismatic Association. The ANS was founded in 1858 and is an international nonprofit crux for the preservation and revise of coins, medals and paper money. More than 2,500 time of the organization represented culture. The ANS collection spans all periods and geographic areas and contains close to one million matter, counting Greek and Roman, medieval and recent European, American, Islamic, Asian and African coins, as well as other resources.

The History of Coin Collecting and The United States

Philadelphia Mint in 1792

The United States government established the Philadelphia Mint in 1792. It began striking half cents and large cents for circulation in 1793, followed by silver half dimes, half dollars, and silver dollars in 1794, and gold $5 and $10 pieces in 1795. Silver Eagle Dollars ongoing appearing in 1986 however they are not proposed for circulation.

The United States has issued many denominations during the preceding 200 time or so. Some of them have been utterly uncommon, while others are strikingly beautiful. These have included half cents, two cent and three cent pieces, and 20 cent pieces (formed only for four days, from 1875 to 1878), and gold coins of the denominations of $1, $2.50, $3, $4, $5, $10, $20, and $50.

The gigantic $50 gold piece, the prevalent coin denomination created, was made on numerous occasions, plus during the California Gold Rush and time later in 1915 for the Panama-Pacific International Exposition.

Statehood Quarters however, are the most broadly composed coin string in the record of coin collecting.

As you can see, it seems a lot of coins were created just to add another interval to our coin collecting account.

Searching for coins and culture their story over a cycle of time can cause countless hours of enjoyment, and eventually grow into a select collection. At the same time, this upward collection, seized for a stage of time can be a worthwhile investment and an excellent inheritance that can be handed down to generations over the years.

Get started on your coin collection now and who knows, someday you might be another notorious antenna in the history of coin collecting.

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Coin Collecting for Essential Supplies

In the world of coin collecting, the coins themselves are considered as gold, this is why there is a should to guard them from hurt. The situation of the coin means everything in coin collecting. Having the right stores will allocate an antenna to preserve the integrity of his coin collection. The slightest breath of graze can lessen the regard of a coin significantly.

Below some of the equipment which are worn in suitably treatment coin collections:

Gloves

In managing coins, you must be prudent not to scratch the coins. The use of gloves (preferably sallow) will inhibit scratches and other kinds of damage to the coin’s appear. Gloves should be made of cord or synthetic.

Coin tweezers

If you not comfortable with gloves, you can use coin tweezers. These are not your common tweezers because their tips are sheltered with plastic that prevents the tweezers from scratching the coins.

Magnifying schooner

While groping coins, you must be able to take a faster look at them. This is where the magnifying schooner is most helpful. You must be delicate in using a magnifying beaker when probing the coins. There are magnifying glasses open today that have stands close to them and the stands allow the collector to use both hands in coin examination to prevent accidents.

Cleaning resources

A mild soap and an indulgent high-integrity thread cloth can be worn in cleaning coins.

Mats

When probing or cleaning coins, you must recollect to put a spineless cloth or a mat on the propose where you are effective. An accidental dropping of the coin can damage it significantly and shrink its esteem to factually nothing. A mat or a cloth will absorb the impact of the ditch and will prevent the coin from being broken.

Board You must be very thorough in displaying your coin collection. Coin boards are used by many to present their coin collections. In the U.S., the map of the United States of America is very accepted among coin collectors to spectacle the different quarters of the different states.

Envelopes

When transporting coins, the use of coin envelops is very viable. The use of these paper envelops allows a collector to safely rapture his coin and put some information about it in or on the envelop itself.

There are other coin collecting stores such as boxes, holders, folders, but everything points to the preservation of the coins’ order.Whether a coin is expensive or value-minus the right kind of supplies will be the cause

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My Own Personal Coin Collecting Experience

With an arrow winking at me from my notebook broadcast, and a load of coins in front of me, to the left and to the right of me. Contrary to how it might grow I’m no recent day Scrooge obsessively remaining over my money.

I am instead what is known as a coin aerial and have been for totally sometime now. In actuality ever since I was three living old and could get my hands on suchlike slack change had dared to collapse out of anyone’s pockets.

The undivided position of this section however is not to pioneer you to my own personal coin collecting saga – still that’s just a fun bank record – but to get you interested in coin collecting and to help you swim the decidedly overcast waters of creation coin collecting.

As with any new hobby the waters will create to filmy up as you go along, and as you reward more experience. Nevertheless I thought I’d just give a serving hand for you to lead with!

That’s not to say that something and everything you’ll want to know as an opening coin aerial can be found within criticize. There’s merely no way that I could have expected every grill you might think of!

What I have done though, is to collect bits and pieces of information which I trust will be of notice and as obliging to you as they have been to me through the living. I’m not exaggerating, when I say I’ve run the scale of everything to do with coin collecting.

Through the living I’ve managed to impress leading just about every feature of coin collecting no stuff how quickly. Naturally enough this doesn’t make me a master of any of them, though I do know my way around most of them.

However, it is indisputable that I’ve come plump surround in my coin collecting conduct and have now dead back to pawing – or very sorting – through my day’s store of coins. Which, is why, I’ve got three stacks of coins piled around me even though I’m currently being attacked by dust motes.

Collecting coins isn’t for each though. Especially in the beginning when there’s still a lot for you to learn, and you must to do the mundane instead of untaken for the spectacular starburst of discovery a particularly pink coin.

You might have something better you can do with your life, but that doesn’t mean that coin collecting is a worthless hobby. Coin collecting spans the generational gap and spans the millennia as well.

It doesn’t only to basic to be for monetary survey, coin collecting can be something infinitely more rewarding than that for the self who perseveres

The collection of coins as an art form and as a hobby is a well established one. It is the Hobby of Kings as many, a coin collector will tell you, and is pursued by many people all over the world.

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Coin Collecting Auctions: Bane or Boon?

The Origin of Coins and Coin Collecting The hobby of coin collecting began almost as presently as the first coins were minted in Asia Minor, around 650 B.C.

The saga of gold coins dates as far back as 2,700 being ago. The first gold coins in the world were issued in Lydia around 640 B.C. certain internet websites will present you with a lot of information about the memoirs of gold coins.

Australia reveres its subject animal with the Gold Kangaroo, for example, while China has a Gold Panda with a lovely purpose that changes every year.

How would you feel if you knew that you had handed over a penny meaning $2,000 or more as change for a money?

The result is a coin with an unnatural appearance and an inferior total. Any cleaning will garb the coin facade, and still it may look brighter for a time, the coin will eventually escape its meaning to an aerial.

Many gather coins to commemorate great measures in their lives, a teen's graduation, a new baby?Or to blotch historical trial such as the Queen's Golden Jubilee.

Collecting coins is a hobbies that can be enjoyed by anybody of any age. A lot of coin collectors happening as children, with the help of their parents or grandparents collecting pennies or dimes. For some coin collecting can become a period hobby.

Commemorative coins are a standard form of collection, as are uncommon minted coins like those which had a slip in their stamping. If a certain set of coins doesn?T benefit you, it won?T be any fun at all to become an antenna.

Because coin dealers are experts in their special fields, they will also have better connections than individuals who buy coins on their own will.

Coin Collecting Auctions: Bane or Boon?

If you are a coin antenna who wishes to trade or buy coins, one good way to do it is through coin auctions or will.

Coin auctions present the best habits to find coins that have remarkable morals. Coin auctions are the central trace of underdone coins because most bloody coin collectors want to market their riches to the utmost bidder.

Unlike the classic way of promotion and selling coins, coin auctions entail some system and regulations for both the bidder and the peddler that they must adhere to.

Basically, there are three types of coin collecting auctions. These are:

1. Auctions through transmit will

In this capture of coin mart, the hawker will announce and print coin auctions through the dispatch. This is kindly beneficial for people who want to participate in the activity but cannot listen the occasion .

Usually, the retailer has a mailing slant existing and it is worn to convey catalogs that surround the descriptions and cinema of the point(s) to be sold. At time it may inhibit the early bid amount and other related information.

A very motivated coin trade will go to shows and vendor auctions, keep abreast of modern prices and trends, and will normally keep up-to-meeting with the existing coin market. Any depositor will estimate the bearing of present information on profit levels.

Coin collectors and hobbyists number millions around the world. This hobby is round so acutely that there are even professional dealers and investors who ply their trade in this mode.

As for when to buy, coin collecting represents a brilliant way to commemorate great events in your life; you could buy a coin to celebrate your youngster's graduation, or a new baby. More on Rare Gold Coins and where you can find them.

On the flip surface of the American Eagle gold coins is a nest full of simple eagles, the resident bird of the United States. The nest represents the American dedication to unity and family.

Coins, which were written on standardized weights of precious metals and stamped with a government warrant of rate, was the answer to this clumsy, easily sabotaged trading route.

For most gold coin collectors, there are the very coveted underdone gold coins and a lot of gold coin collectors are interested in these scarce gold coins that they will suggest high bids just to be able to get their hands on these.

Another universal error is when the mint indicator, the tiny letter on most American coins that indicates which mint fashioned the coin, is mislaid or inexact.

This can be done by next what coins are being sold for, and what dealers are paying for coins. You will want to be exposed how to assess the constant merit of a coin which can be based on many factors such as age, mintmark, and provision.

Coin collecting for investment purposes can be a tricky endeavor.

The peddler?s mailing inventory, the catalogs, or brochures are sent out to the promise bidders. These lists may also be sent to those who have purchased from them in the history.

2. Phone auctions

These auctions are conducted by call. Just like the mail order, phone auctions must state the rules and regulations that are to be followed.

Once the supreme bid is identified, the article goes to the winner. However, there are some instances when people may ask the peddler for an approximate selling penalty but the rules still remain the same, no disclosure of preceding bids.

3. Online coin auctions

This enter of mart is standard because when order on a particular coin the bidder is able to see what the coin looks like. Greater interaction between the broker and the buyer may also be achieved as the seller can directly commerce the bidder for important information.

The only drawback to this kind of coin auction is that through the Internet, others can hoodwink a coin antenna into believing that what they see on the conceal is right the same point that they are bidding on.

All of these clothes can offer you with the best behavior of obtaining the best coins vacant on the market. Just try to affix to your bidding account.

Today, edifice a fascinating collection of coins does not have to be pricey, and everybody can participate in this exciting diversion.

An keen coin collector will be able to tell you nearly every sample of history that surrounds any coin in their collection both because they cultivate to specialize and because wisdom is one of the most important factors when it comes to first and maintaining a collection of any value or worth.

Canadian coins, from those with a face value between 10 cents and $1, and struck before 1968 are between 50 and 92 percent silver, depending on the coin and year. They are worth a bit more than face value, depending on the outlay of silver.

Hobbyists regularly onset collecting coins from their own spot. This makes substance because they are the easiest to amass. These hobbyists then increase their collection to coins from increasingly beyond and previous origins.

And while the rarest and finest of all pink coins have reached stratospheric prices, what does this dump the rest of us? Not much, unless you are willing to do a little work.

Other than printing troubles, another deduce why rare coins can be minted is when the damage precious metals are used to make the coins.

While there are some real gold coin enthusiasts in the internet, there are also those people who are posing as gold coin collectors and are just looking to rip you off.

You can get a silver locating design or a magnetic stick for finding wobbly coins in ditches, under cars, or in other hard-to-attain chairs. Or basically rely on your eyes to name those lustrous metal circlets of promise wealth.

Today, there has been an explosion in American awareness in coin collecting, in large part due to the relieve and availability of obtaining interesting coins.

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Basics of Coin Collecting

Coin collecting is different from money billboard. Collecting coins as an art form can be traced back to the 14th century. Today, people all over the world are collecting coins. Some save it for their estimate, some just like the sheer fun that they get from receiving their hands on different coins. Coin collecting is said to be the “Hobby of the Kings.”

If one is interested in making coin collecting a hobby, he can very well do so. It is a hobby which does not entail a certain handiness and it can be done by almost everybody.

There are many different kinds of coin collectors.among which are:

Those that do Informal coin collecting

Most coin collectors, especially the children, birth out as informal coin collectors. They are laid-back collectors which do not have a special goal in collecting coins. They might amass coins from different countries or from different time periods lacking any purpose of being momentous about it.

Inquisitive coin collecting

Once the informal coin antenna starts noticing the niceties of the coins, he becomes an inquisitive coin aerial. This kind of coin antenna won’t pester much into costs money to get coins. He purely wishes to appreciate the coins. Soon, he will plus to put them in containers or albums.

Advancing coin collecting

A superior coin antenna will save coins with a precise point in heed. He may want to save coins from a certain state, or a certain time epoch.

There are many tracks which coin collectors pursue when engaging in their hobby. Here are some of the conduct one can use in collecting coins:

Coin collection according to people

Many coin collectors would want to gather coins from a certain nation during a certain stage of time. This kind of coin collection lets the collector move the ball through the coins. People may want to collect coining from countries they had visited.

Historical coin collection

Another way of collecting coins is by taking in object story. Many coin collectors engage in collecting coins during a certain interlude in saga like wars or declarations of independence.

Error coins

There are people who find collecting coins with errors exciting because these kinds of coins are singular nowadays.

There are many ways to collect coins and each way is as fun as the other. One must feel the hobby first before he decides whether to detach with it or not. Coin collecting can oblige certain amounts of money and the collector must be prudent in engaging in such a hobby.At lest to ensure you know what your doing.

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Free Coin Collecting Software

Coin collecting is one hobby that has been limitless on for ages. Some of the most standard collectors in the world were Louis XIV and the Sun King. To keep road of the coins in the collection or to supervise the respect of erratic coins in the advertise, it pays to have coin collecting software.

There are many reasons why coins are collectible. Some are valued because of the artwork and others because of certain actions in saga such as the Great Depression or war .Whatever the deduce, coin collecting software can revise a persona about these varieties before charming any action.

Some array programs enclose a comprehensive record of more than 10,000 coins worldwide. The software allows the customer to skim movies in one’s collection and programmed in the file.

Others only have a list of every coin that the United States ever minted. The instruct allows the customer to cliquey the coin and spawn many news about it.

Coin collecting software is there to help a guise arrange and register the coins in one’s possession. Some websites payment a fee to acquire the software but most can be downloaded for free from the internet. The syllabus will work while the notebook being used is compatible with the software.

There are more coin collectors that save coins that are still in circulation than those who look only for the juicy ones. The consider of it is fascinating since a self can learn the narration of a homeland based on a few coins. Of course, this can only happen if a persona has the time to do it.

Coin collecting software has given people an easier way to keep pathway of coins that they own. Instead of cavity countless folders that have different coins in them, a person can just print a few terms and the information can be seen on the monitor. This makes it easier for the antenna to show his collection a potential buyer in with the hope of exchanging it for another coin of rival or better worth.

The principle coin collection software series should have good explore capability, boundless number of entries and other unique skin. By checking the different programs and demanding some, the person will find the right one desirable for the job. Before downloading it, the person should first have it scanned since software may limit a virus that could mischief the notebook.

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Antique Coins Collecting for Fun & Profit

You only have to look at how active the coins sector is on Ebay to know that coin collecting is an incredibly prevalent activity. It's one of the most popular hobbies around, and one of the most profitable too.

Finding coins to assemble is easy but judgment ones that are actually costly to save is the challenge faced by most collectors. As a judge of thumb, the adult the coins is the more collectible it becomes as often they are more sporadic than more recent coins.

The best place to find Antique coins compose sale houses, coin shows, coin fairs and malls. Nevertheless if you are more resolute you should trip historical sites where antique coins are more prone to be found. You should assume in heed that the evaluate of Antique coins depends on where it from as well as the age and historical background of its cause. Therefore retail at the historical locality gives you a very good benefit over other collectors.

There are a few other pointers you might want to respect when wholesale an antique coin.

First make solid the coin you wish to hold is primary. This goes lacking maxim but there are many replicas and even counterfeit coins flooding the souk, so close inspection to certify their authenticity is a must.

When you outset off your coin collecting hobby, onset leisurely if you are on the low resources. Then as your portfolio of coins increases in evaluate you could re-promote some of it at a profit and buy more dear ones. If you find a coin that you think is a worthy addition to your collection make solid that you find an appraiser that can determine the amount so that you do not get ripped off. So don't try to charge it manually save you are wholly experienced, and seek the help of professionals when the circumstances dictate like when the coin is wholly classy.

You hardship to specialize when you beginning collecting Antique coins so decide one particular era or country to focus on. This will make it easier for you to become an expert. You must also take good anxiety of the coins to ensure you preserve their appearance and therefore their worth. And be cautious not to neat Antique coins to spare otherwise you might actually depreciate their esteem.

Coin collecting can really be a mine of great fun and charming it up as a hobby is maybe one of the best resolve you can make. While you continue serene it will be a long duration hobby bringing you masses of satisfaction for days to come as well as a very profitable investment.

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Coin Collecting Opens The Door To The Past

Coin accession or numismatics is apparently one of the best accepted hobbies in the apple and additionally one of the oldest. Many individuals at some point in time accept calm coins. If you appetite to alpha a bread collection, a lot of analysis and abstraction should be adherent to the amusement of bread collecting.

Coins accept about been admired as 'mirrors of history'. Added than the budgetary amount and account of aged coins, they additionally acquire actual value. Bill acceptance to altered ages accept altered belief to acquaint of empires and emperors.

Amateur bread collectors about alpha their bread accumulating by accession bill that accord to their own country, as this is the easiest and the best amount able way to alpha a bread collection. With time this may accord way to specializing in accession bill that accord to a accurate type. Bread collectors may specialize in bill of a accurate country or of a accurate aeon or metal. Commemorative coins, such as those appear during antic contest or those that mark the ability day of a country, can additionally accomplish an ambrosial collection. Bill with faults or defects are additionally accepted amid austere collectors.

As with any added hobby, the bread accumulating bazaar is abounding with fakes and if you are not an able in this acreage it is actual difficult to abstracted the aboriginal 18-carat bill from the affected coins. Before affairs big-ticket bill it is a acceptable abstraction to get the bread accurate by acclaimed bread allocation and bread affidavit services. The action of a bread is denoted by a bread grade. For a abundant abstraction on bread grades, apprehend Photograde by James Ruddy. Currently, the added acclaimed bread allocation casework are Able Bread Allocation Service, Numismatic Guarantee Corporation of America, ANACS and Independent Bread Allocation Co.

The best places to buy bill are acclaimed bread dealers, auctions, bread shows or from added collectors, admitting you should abstain affairs from the internet as it is adamantine to adjudicator online whether the bread you are absorbed in is 18-carat or counterfeit. Bill may be stored in bread cases, bread trays and bread albums. However, you should abstain autumn bill in jars, as befitting them in a jar may blemish the coins.

Amateur bread collectors may afield anticipate that charwoman bill is an important allotment of caring for the bread collection. However, the adverse is true; it is best that bill are not bankrupt at all. Collectors adopt the aboriginal attending of bill and charwoman bill may accompany bottomward their value. If your bill charge any cleaning, you should aboriginal argue a able or an expert. Olive oil or bubbling baptize may be acclimated for charwoman coins. Harsh cloths should never be acclimated to clean, and tap baptize is a austere boycott as they accommodate minerals that may abuse the coins.

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Antique Coins Collecting for Fun & Profit

You only have to look at how taken the coins split is on Ebay to know that coin collecting is an incredibly current activity. It's one of the most prevalent hobbies around, and one of the most profitable too.

Finding coins to assemble is calm but result ones that are actually dear to collect is the challenge faced by most collectors. As a dictate of thumb, the adult the coins is the more collectible it becomes as regularly they are more scarce than more modern coins.

The best place to find Antique coins contain mart houses, coin shows, coin fairs and malls. Nevertheless if you are more solemn you should vacation historical sites where antique coins are more probable to be found. You should accept in attention that the treasure of Antique coins depends on where it from as well as the age and historical background of its basis. Therefore wholesale at the historical setting gives you a very good help over other collectors.

There are a few other pointers you might want to judge when exchange an antique coin.

First make steady the coin you longing to grip is novel. This goes without motto but there are many replicas and even counterfeit coins flooding the promote, so close inspection to validate their authenticity is a must.

When you open off your coin collecting hobby, onset leisurely if you are on the low resources. Then as your portfolio of coins increases in regard you could re-plug some of it at a profit and buy more useful ones. If you find a coin that you think is a worthy addition to your collection make constant that you find an evaluator that can affect the cost so that you do not get ripped off. So don't try to price it yourself save you are totally experienced, and obtain the help of professionals when the circumstances dictate like when the coin is rather expensive.

You essential to specialize when you begin collecting Antique coins so take one particular era or country to focus on. This will make it easier for you to become a skilled. You must also take good nurture of the coins to guarantee you marmalade their appearance and therefore their help. And be delicate not to wash Antique coins to overkill otherwise you might actually depreciate their merit.

Coin collecting can actually be a well of great fun and pleasing it up as a hobby is probably one of the best surety you can make. While you linger unwearied it will be a long stretch hobby bringing you quite of satisfaction for being to come as well as a very profitable investment.

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Coin Collecting on a shoe-string budget

Probably everyone at one time or another has collected coins. Some people save old wheat pennies they find in change and throw them in a jar. Other people collect state quarters, and some others collect certain coins like nickles or dimes, and try to build a complete collection over time. A lot of folks think coin collecting is the hobby of king's and truthfully, it's often called that. A king may be able to build a giant collection of coins, but I promise you, that the small collection a young boy has that may only be worth a couple of dollars, is worth just as much to that boy as a King's coins are worth to him.

I can tell you right now, anyone can collect coins and you don't have to be rich. In fact I have quite a large coin collection, and I have had a very low paying job all my life. There are a lot of ways someone can build a great coin collection over time, while still paying the bills.

Coins are so neat looking, I remember when I was a young boy, my grandad would go upstairs and open a safe we had, inside was a metal drawer containing some old Morgan and Peace Silver Dollars. My grandad would let me sit and play with the coins often. I would hold one by the edge on the table top and flip it on the side with my finger and the coin would spin wildly around on the table like a toy top. The coins were frosty silver or whitish colored and were beautiful to look at, they were large and heavy, not like the little coins we have today. I often wondered how many folks actually carried these things around in their pockets everyday, it only took a few of them to weigh quite a lot.

After my grandad passed away back in 1969, my dad sold the old silver dollars, I don't think he really wanted to, but my grandad had left the family farm pretty deep indebt, so dad had an auction and sold about everything except our house and the barn, to pay off the huge bills. It wasn't too long after that when dad got bitten by the coin collecting bug. At first it wasn't coins but paper money that got dad started. I remember dad saw an ad in the back of some magazine, where a guy was offering to pay $2 for every dollar bill you sent him that had a certain treasurer's name on it, that name was: " Joesph W. Barr ". My dad looked in his wallet at some dollar bills he had, and sure enough he had one that had the signature " Joesph W. Barr " on it. Dad took the dollar from his wallet and kept it in an envelope in his old roll top desk, and after checking his money for several days afterwards, dad found some more of them. Sometime later dad mailed the dollar bills to the address in the magazine ad, and sure enough he soon got a check for the dollars plus an extra dollar each. Dad continued searching and sending in them " Joesph W. Barr " dollar bills for awhile, then after a period of time, the guy no longer was accepting them.

Dad then started buying a few Indian head cents and some buffalo nickels. Then as he got older and money seemed to get a lot more tighter, dad quit buying coins and turned to a new hobby, doing sweepstakes. But by this time, I was hooked, I just loved the look of the old coins, the silver ones and the old copper large cents, they just seemed so neat compared to the boring coins of everyday use. Now as I am writing this article, I stumbled across an interesting article about the " Joesph W. Barr " dollar bills from the 'American Numismatic Association' it said, the following: "At one time, it was speculated that the notes signed by Treasurer Joseph W. Barr would eventually hold a high numismatic value since he was in office for only 23 days in 1968-69. However, during that period, a total of 484 million notes were produced with his signature. The high quantity produced dictates that the notes will never be considered rare in our lifetime. Interestingly, in 1995, numismatic author Alan Herbert stated, "A $1 Barr note deposited in an interest-bearing account in 1969 would have been worth over $4.00, figuring 6% interest compounded annually. A circulated Barr note kept in a safe-deposit box for 26 years is worth $1 today."

So that explains why that guy probably quit buying the " Joesph W. Barr " dollar bills, it seemed they might of been collectible for a little while, but they just never caught on. Today you can still buy them on eBay and other places, sometimes for slightly more than $1.00. Oh well, it is something that has stuck in my mind every since I was a little boy, I will always remember dad checking his wallet for " Joesph W. Barr " dollar bills. Now as I wipe the tears from my eyes, yes I am sad to say dad has been gone a few years now, and I still miss him very much, especially when I sit here alone and think about the times we spent together in the years gone by, oh well, at least it's always great memories when it comes to you, dad.

Now as I regain my mental composure, if I ever had one, I want to say that I never lost the desire to collect coins. And as I got old enough to work full time, and live on my own I started and built a fairly large coin collection. I didn't have much money as I never went to college or trade school, and I have always had a job working as a laborer, so I had to fine ways that I could build up my coin collection cheaply.

One day, I was looking in the back of a Coin collecting magazine that I had purchased at a local news stand, and I found an ad where you could join a coin collecting approval service. They would send you certain coins once a month, and you could select the ones you wanted to buy and keep, and if you didn't want them all, just mail the others back to them, and the next month they would send some other coins for you to examine. What made this program better than the other approval services I had often seen was, you could tell them what type of coins you were interested in, and what price you were willing to spend monthly. I selected miscellaneous U.S. coins, everything from old large cents from the 1800's to silver mercury dimes and buffalo nickels etc. And I chose to only spend $20 a month, for me this was perfect and for about a year or more I stayed in the program and over time I got a nice bunch of coins from them, then something happened and the company folded or went out of business, as I never received any more coins from them and I no longer saw their ad in the magazines.

Overtime I discovered other cheap methods to aquire some nice coins, one of the methods I still use, is something that anyone can do to start building a nice coin collection. Just start searching and examining your pocket change, I still find wheat pennies and silver war nickels, and many pre 1960 nickels, and sometimes a silver coin in pocket change. One time about two years back, I was at a local store and got some change back, I noticed two of the quarters I received looked kinda white in color, examining them closely after I got back home, I discovered they were both pre 1964 silver Washington quarters. I figured somebody must of needed money to buy some cigarettes or milk or something, and must of used some of their old coins, I was just lucky enough to had been there at the right time and place to get them in my change.

One place to find a lot of nice coins is to go to different banks and buy rolls, search through them carefully, and you will be surprised of the neat finds you may come across, plus just add a few out of your pocket change to replace the ones you want to keep from the rolls, and you can turn them back into a different bank for some different rolls of coins to search through.

Another place that is fairly good for finding some rare coins is at local flea markets, be careful though as many of the folks at these places are very aware of a coins value, and they often ask for much more then what the coins are worth. Read up on the coins you are interested in buying, or better yet, take along a pocket coin price guide with you when you go to buy coins, it's better to be thrifty then foolish.

Anyway, now after collecting coins for fun over the years, I have almost every Lincoln cent that was made from 1909 up to present, and I have every Jefferson nickel from the first one that was made in 1938 to present, and I have a nice sized wooden chest full of miscellaneous U.S. coins, including silver dollars, mercury dimes, buffalo nickels, Large Cents and many more unique and rare coins. I figure the coins will make a nice gift someday, something to leave to my daughter and her children, and maybe I can spark that fire in them, that my dad started in me, the joy of coin collecting. So start checking your pocket change today, you just never know what rare finds you may come across.

There are several different types of computer software that are made for coin collecting. One program that stand's out is ' Coin Collector Professional ', it is made for any coin collector, from novices to professionals, and it cost under $20. ' Coin Collector Professional ' may be downloaded and tried for free at this website address:

http://www.rb59.com/ccp

By Robert W. Benjamin

Copyright © 2006

You may publish this article in your ezine, newsletter or on your web site as long as it is reprinted in its entirety and without modification except for formatting needs or grammar corrections.

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How do I sell my Coin Collection?

So, you feel it is time to sell your coin long-time collection, or you have inherited a collection and you know nothing about coins and you want to sell them. As with the sale of anything, you want to make sure you get a fair price. Sounds simple enough, right? In the area of numismatics, when it comes time to sell, offers for your collection can vary greatly. The following tips will help guide you to getting a fair and reasonable offer. I will talk more on the term “reasonable” a little bit later. Coin Dealers, like any other profession, number in the thousands. From part-time single person businesses to huge companies that buy and sell millions of dollars of coins annually. And like other professions and industries, we have a few crooks. By following the general tips in this article, you should be in a better position to realize your collections value. So here we go!

First and foremost, you need to know what you have. Why? If you do not know what you have, how do you know you are getting fair value? If you have thousands and thousands of wheat cents, I am not saying you need to inventory them all. In fact, it may not be worth your time. The chances of finding a key coin are slim at best. But you should know how many pennies you have. How? Simply weigh them. Wheat pennies come to about 148 pennies per pound. The same rule can apply to other common coins such as pre 1965 Roosevelt Dimes and Washington quarters as you may just a bullion price on these. For the rest of your collection, you may want to count the number of each piece. Make sure you have a complete list of your collection.

OK, time to contact a dealer? No, not yet. How do you know you are getting an honest one? Before contacting a dealer, you need to do some homework. Does the dealer belong to any organizations and clubs such as ANA or BBB? How long has s/he been in business? What is their reputation? Check out a couple of dealers before you make that call. Also, just because they advertise in a major coin collecting publication, does not make them honest. I know of one dealer who advertises in a major publication and sells cleaned coins as BU/Unc originals. Most novice collectors would not know the difference.

Now that you have done some research, it is time to contact the dealer. This can be done in many ways. You can give them a call or if you are the shy type, just send them an email. In your email, identify yourself and that you have a collection for sale. Include in the email the inventory you completed. This may come as a shock to many, but some dealers will NOT want your collection. Many dealers specialize in certain types or series, or just may have too many coins in their inventory. If your collection is an average collection of common coins, you may be disappointed to learn that many, if not all of the big dealers simply do not want to bother with you. It is too time consuming to sort the common collections and the margins are too small. Do not fret, all is not lost. Many smaller dealers will welcome the chance to obtain your collection. Many of these dealers work in mail-order only and may have only email or a PO Box as contact information. While they may appear shady, these folks generally are quite reputable. As before, contact the dealer and ask if they are interested. If they are not, just move on to the next dealer. If they are, ask them for their “buy price” list. Many dealers will publish a list of what they are willing to pay for certain coins.

After some hard work, you have a couple offers on the table. The offers are not anywhere near what you expected. Remember what I said above about a “reasonable” offer? Here is the painful truth. Coin Dealers are in business to make money. Sure, many of us chose this profession because we love it, but like everybody else, we still have mortgages, car payments, and college for kids, etc. Many people will look in the latest Coin Prices magazine to come up with an idea of what there collection is worth. Magazines such as Coin Prices are really a list of prices of what you can expect to pay a dealer for a specific coin, not what you can expect to get paid. Markups can range from 20-50% or more for smaller denomination coins such as wheat cents. As I mentioned earlier, some dealers just may not want what you have. Also, many, if not all dealers, reserve the right to revise the offer on inspection of the collection. If you think all your Morgan Dollars are BU, but they are really AU, this would make a huge difference in price. Grading is highly subjective. Also, for larger, more diverse collections, a dealer may spend a considerable amount of time reviewing the collection to ensure a fair price.

So, what to do? Take the best offer and run? Maybe, maybe not. If this is an inheritance, and you have no emotional attachment, you can just sell and never look back. If this is your collection of 50 years, well this may be painful. You can continue to contact different dealers and wait for a better offer. If you feel your collection is really worth more, you can always consign it for auction. With some of the fees the major auction firms charge, it may not be worth it. You can also try your hand at eBay but unless you have a strong feedback profile, many buyers will not bid on your items. You can also locate eBay members who will auction off your collection for you for a percentage of the take. Sometimes this works out well and sometimes not.

For now, let's assume you have a reasonable offer and you decide to sell. By the way, this should be a written offer sent via the mail or sent via email. Many times, the buyer may be located in another city/state. No buyer will send you a check until they have seen the collection. If the collection is large enough (many, many thousands of dollars), some buyers will come to you. If not, your very viable option is to send the collection to the buyer via mail. Yes, that is right, via the mail. Wait you say, that sounds risky. It can be, but if you take precautions, you will have no problems. First, package the collection up very well. Make sure there are NO LOOSE coins jingling around. The sound of jingling coins is music to a thief's ear. So be sure to wrap them up well and tight. When sending via the mail, the USPS is fairly safe. Usually, you will want to use USPS Priority Mail. Contact your local post office as you can usually get free boxes. Generally, you will want to use the Flat Rate options as you can ship up to 70 pounds for under $10.00 (not including insurance), but ask your local postal clerk for options. For your protection, you MUST insure your package and pay for delivery conformation. Include in your package an itemized list. Most dealers will appreciate this as they will audit the shipment to the list. If all is well, you can expect a check in the mail in no time.

In summary, here are the tips

1. Know what you have, prepare a comprehensive inventory
2. Research some dealers before you contact one.
3. Talk to dealers before sending coins to gage interest
4. Send your coins. Package them well and insure them
5. Review the offer
6. Collect the cash!

As always, happy collecting!

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Collecting Canadian Coins

In Canada where money the popularity of coins has shown significant increase because the value of the “paper money” tends to deflate as much as 25% to 30% in a short period of time.

For this reason, coin manufacturers in Canada started making different kinds of coins to replace the value that was lost in the depreciation of paper money. Gold continues to thrive in various types of coins and their value continues to increase.

Coins function as solid emblems of a nation’s history. Canada has gained importance by producing Canadian coins serve as a means of monetary exchange and a source of historical enrichment.

Many coin collectors are enticed to try Canadian coin collecting. They know that collecting such Canadian treasures not only offer them remarkable diversion but can also provide them with additional value in the future.

So for those who wanted to start collecting Canadian coins, here is a list of some ways to get you started:

1. Do your homework

Like in any venture you must do your homework before you start collecting coins. Try to research how Canada manufactures their coins.

Learn the history of coins and how they may offer great opportunities to earn a profit and at the same time be an enjoyable hobby.

2. Finders keepers

To start the ball rolling, try to get as many coins or tokens as you can obtain without having to spend a great amount of money. Your parents or your grandparents may have some coins that they kept because they did not hold any monetary value at that time.

3. Use some guides

Coin collecting is not a complicated activity but it is not that easy either. You would likely need some references that will guide you in choosing the kinds of Canadian coins to collect.

You can refer to “Haxby’s Coins of Canada” or other brochures that will provide you with adequate information regarding Canadian coin collecting.

4. Enjoy and have fun

The idea of coin collecting is not to get the most expensive and the rarest coins that you can find. What matters most is that you enjoy what you do and that you are amazed by the kinds of coins that you are able to obtain.

Coin collecting may differ from one place to another but Canadian coin collecting is sure to give a hobbyist great pleasure and not just mere treasures.

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Coin Collecting For Kids

Every coin tells a story. Some coins show us presidents or other famous historical figures. Some tell us about specific landmarks, historical discoveries, animals, plants or other interesting facts about the place the coin represents. Coin collecting is a wonderful opportunity for children to learn. The images on foreign coins can teach us about countries around the world. Similarly, the U.S. Mint has developed some great coin collections which can help children discover their own country. However, there are plenty of learning opportunities with the loose change we find in our purses and couch cushions. Just regular pennies, nickels and dimes provide a great chance to learn about the coins we see and use everyday.

How to help a child start a coin collection

1. All you really need is some loose change and you're ready to go. However, a magnifying glass would come in handy for looking for certain markings on each coin.

2. You may also need something to store your coins in. An envelope or jar will serve that purpose quite well. There are special folders or albums that you can buy which have special slots in them for each coin.

3. The best way to for children to start a coin collection is to narrow the focus. Collect only pennies, or nickels, or only coins made in or after a certain year.

4. Do some research about the images on the coins; there is a history/geography lesson on each coin which provides a wonderful opportunity for our children to learn about the country or world they live in!

For preschoolers, try an easy coin collection like collecting birth year coins. With only a few coins to collect, younger children will gain a sense of satisfaction from collecting the whole "set" quickly. For older children (living in the US), suggest collecting the 50 state quarters or the Westward Journey Nickels - there is some great history lessons in these coins!

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