| Let's take a look at what I think are the gems of | | | | Collecting coins for the fun of having a piece of |
| Canadian coin collecting. These gems are the gold | | | | history, or something that is rare in your hand is |
| and silver coins to begin with. The value of a gold | | | | the backbone of collecting coins in the first place. |
| or silver coin is not just evaluated on the rarity of | | | | This hobby can be for the rich and the poor. Even |
| the coin only, but is also evaluated on the metal | | | | some Canadian pennies that are just made out of |
| which the coin is made of. | | | | copper can be worth thousands of dollars. |
| The worth of the gold or silver, which is in the | | | | For the most part, collectible types of coins that |
| coins, can be much greater than the coins' dollar | | | | are very expensive are for the very rich who |
| face-value by many times over. Take a small | | | | don't know what to do with the cash that is |
| worn-out silver dime for instance, which some call | | | | oozing out of their wallets. This is what brings coin |
| a junk silver dime because the grade of the coin | | | | collecting to life; when the rich invest in your |
| is so poor that it is not worth selling for the | | | | hobby. Who knows, maybe you have a coin that |
| quality or beauty of the coin's face and tail side. | | | | many rich people want? Now that would be a thrill! |
| This small coin falls into a category all of its own, | | | | Should you sell the coin, bragging about how you |
| and is bought for the silver content most often. | | | | came across it and the whole works, or should |
| Nowadays, you can buy a silver junk dime to | | | | you just tuck it away for safe-keeping? If you |
| begin your Canadian coin collection. This will only | | | | are going to share, you may want to keep it to |
| cost about one dollar on the open market. If the | | | | people you can trust and not in the greedy ears |
| coin is just rare because of low mintage or a high | | | | of individuals who may want to keep your coin |
| grade; what holds up the price if the demand for | | | | for themselves. |
| that Canadian coin drops? The silver and gold | | | | The thing that I like most about collecting |
| coins will hold up because they are gold and silver. | | | | Canadian coins is that you can have something |
| What if the price of metal drops, as well? You are | | | | that is valuable, fun, unique, and a piece of history; |
| smart and are the best one to answer that | | | | whether that be as expensive as a gold coin, or |
| question, but I will add that silver and gold have | | | | as cheap as a 1944 V nickel, or as simple as a |
| never being at a zero dollar-value over the last | | | | 1967 centennial bird copper penny. And yet they |
| thousand years. That means that there has been | | | | can all fit easily into your pocket or into your |
| at least some demand for gold and silver for a | | | | secret hiding place that is meant for your little |
| very long time. | | | | treasures. |