| Coins hold a wealth of information on
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| | avoid large differences in price. Coins,
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| their small faces, from the year of their
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| | which were printed on standardized
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| birth to the language spoken at the time,
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| | weights of precious metals and stamped
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| from the metals a country holds valuable
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| | with a government guarantee of value, was
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| to the cultural influences and historical
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| | the answer to this unwieldy, easily
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| figures that its people hold valuable.
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| | sabotaged trading process.
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| The history of gold coins dates as far
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| | Minting problems don't only involve the
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| back as 2,700 years ago. The first gold
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| | writing on the coin. Sometimes a problem
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| coins in the world were issued in Lydia
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| | with the die causes a coin to be double
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| around 640 B.C. certain internet websites
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| | stamped accidentally, resulting in a very
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| will provide you with a lot of
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| | unusual form of rare coins.
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| information about the history of gold
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| | The mintmark of the coin can usually be
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| coins.
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| | found near the date and on newer coins
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| Australia reveres its national animal
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| | the mintmarks are as follows: "P"
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| with the Gold Kangaroo, for example,
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| | Philadelphia, "D" Denver, "S" San
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| while China has a Gold Panda with a
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| | Francisco,"W" West Point New York. Older
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| lovely design that changes every year.
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| | coins may show the following mintmarks:
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| Because not many people know what
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| | "C" Charlotte North Carolina, "CC" Carson
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| distinguishes precious rare coins from
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| | City Nevada, "D" Dahlonega Georgia, "O"
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| run-of-the-mill legal tender, these coins
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| | New Orleans.
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| can remain in circulation for decades,
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| | The first vital piece of information that
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| until a lucky coin collector recognizes
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| | you'll need when considering coin dealers
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| them.
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| | is his or her professional
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| Coins can lose their brightness over
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| | qualifications. Some important questions
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| time, and you'll be tempted to polish
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| | to ask include, does the coin dealer
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| them. The best advice is ... DON'T. Many
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| | belong to any professional groups? How
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| collect coins to commemorate great events
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| | long has he or she been in business?
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| in their lives, a child's graduation, a
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| | Coins that were only issued or circulated
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| new baby...or to mark historical events
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| | for short period of time also make good
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| such as the Queen's Golden Jubilee.
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| | collectibles. A coin collection is at its
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| Some people happily collect more common
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| | best if it is focused on a certain coin.
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| everyday coins, going through their
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| | A collector can choose from pennies,
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| pockets at the end of the day for them is
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| | nickels, dimes, quarters and dollars.
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| fun, checking dates and mintmarks on
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| | Another way of collecting is disregarding
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| their change. Some collectors can spend
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| | the types of coins but concentrating on a
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| thousands of dollars on rare silver and
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| | certain time period. Coins have different
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| gold coins from the 1800's and early
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| | mint marks and collecting those that were
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| 1900's. Some collect coins from different
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| | struck in the same location can also be
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| countries.
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| | interesting. The important thing for
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| Commemorative coins are a popular form of
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| | hobbyists is to stick to the collection
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| collection, as are rare minted coins like
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| | until it has been completed.
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| those which had an error in their
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| | For a good start subscribe to a coin
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| stamping. If a certain set of coins
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| | publication such as Coin World or Coinage
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| doesn't interest you, it won't be any fun
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| | Magazine for information on the types of
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| at all to become a collector.
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| | coins that you might want to collect. The
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| Most coin dealers will charge a lower
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| | internet or a local coin shop can also
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| premium on the sale of coins to their
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| | help expand the search for those coins
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| best customers. After all, it makes good
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| | that can't be found in your locale or out
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| business sense to get the most profit
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| | of state.
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| possible from a person who will do
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| | Building a coin collection will take a
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| business with you only once.
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| | long time - months or even years. The
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| Design Types of US Coins and Coin
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| | United States has produced so many coins
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| Collecting Coin collecting is a fun hobby
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| | that it is hard to keep track of them. By
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| that anyone who has the time can do. A
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| | deciding on the coin(s) you want to
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| coin's history and its development can be
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| | collect, the challenge to complete that
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| learned by collecting them. At one point
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| | collection begins.
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| in time, between 1838 and1933, the United
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| | Today, building a fascinating collection
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| States issued gold coins for circulation.
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| | of coins does not have to be expensive,
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| The Liberty Head bust was used as the
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| | and everyone can participate in this
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| design until 1907. The design was then
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| | exciting pastime. An avid coin collector
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| changed to the Indian Head and Saint
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| | will be able to tell you virtually every
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| Gaudens motifs until 1933 when the "Great
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| | piece of history that surrounds any coin
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| Depression" started. This prompted the
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| | in their collection both because they
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| recall of the coins which makes it very
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| | tend to specialize and because knowledge
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| rare to find any of them today. The most
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| | is one of the most important factors when
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| valuable coin in the world is the 1933
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| | it comes to starting and maintaining a
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| Double Eagle. This was a $20 gold coin
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| | collection of any value or worth.
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| that was made in the 1800's after the
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| | Possibly. In 1991, only 459,000 25-cent
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| California gold rush. This coin was not
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| | coins were struck (the annual number is
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| allowed to be used in the 1930's and when
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| | usually closer to 100 million). 'Mint
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| this coin was auctioned in 2002, it sold
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| | State' versions of these coins are worth
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| for nearly eight million dollars.
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| | about $8.
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| Since gold coins are hard to find, most
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| | A good number of coin collectors collect
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| collectors select other coins.
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| | coins according to themes. The coins they
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| One type of collection you might consider
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| | collect all have a common topic.
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| is the one made up of coins that are
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| | Generally speaking, putting demand aside,
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| flawed when the coin was minted. If you
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| | the more scare/rare a coin, the higher
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| can find a coin with a misspelled word, a
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| | its value. This is usually very true,
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| wrong date, off-center characteristics,
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| | especially when comparing dates within
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| or double-punched marks, these coins are
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| | the same series.
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| valuable. Such mistakes can increase a
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| | Some precious coins with double stamping
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| coin's value from $50 to a $1000.
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| | include doubled-die Lincoln cents from
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| Coin collecting for investment purposes
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| | 1972, 1983, and 1984, and a doubled
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| can be a tricky endeavor. But as time
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| | quarter minted in New York in 2001.
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| goes by, the number of these coins go
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| | While there are some real gold coin
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| down. Some get lost and some are damaged
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| | enthusiasts in the internet, there are
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| beyond recognition.
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| | also those people who are posing as gold
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| Buy quality! Buy quality! Buy quality!
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| | coin collectors and are just looking to
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| That's all you hears these days when you
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| | rip you off. You can get a silver
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| are considering rare coins as an
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| | locating device or a magnetic pole for
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| investment.
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| | finding loose coins in ditches, under
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| The Augustus Saint-Gauden Double Eagle is
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| | cars, or in other hard-to-reach places.
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| widely considered to be one of the most
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| | Or simply rely on your eyes to identify
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| beautiful coins America has ever
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| | those gleaming metal circlets of
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| produced.
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| | potential wealth.
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| For most gold coin collectors, there are
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| | The development of two large coin
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| the highly coveted rare gold coins and a
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| | organizations in the mid-to-late 1800s,
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| lot of gold coin collectors are
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| | the American Numismatic Society (ANS) and
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| interested in these rare gold coins that
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| | the American Numismatic Association
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| they will offer high bids just to be able
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| | (ANA), helped spark American interest in
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| to get their hands on these. Always be on
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| | building and maintaining a coin
|
| the lookout for rare gold coins, and have
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| | collection.
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| coins appraised by a gold coin expert to
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