| Coin collecting, or numismatics is a
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| | abnormalities in its design. Ironically,
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| hobby as old as time. As a hobby, it has
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| | some of the most expensive coins are
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| been around for more than 2,500 years.
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| | those with the strangest abnormalities.
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| This is surprising since the use of coins
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| | This is because this type of coin is hard
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| has been around for pretty much that same
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| | to come by.
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| amount of time too. Man has always had a
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| | For example, there could be a coin in
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| fixation for small, round, shiny things.
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| | existence that differs from other coins
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| And throughout the ages, coin collectors
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| | in its batch. For some unknown reason, it
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| have always been on the prowl for the
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| | lacks some of the required markings. Such
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| oldest, rarest, most attractive coins
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| | coins are deemed more valuable than the
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| around.
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| | normal coins of its type.
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| Numismatics comes from the Greek word
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| | A good number of coin collectors collect
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| nomisma, meaning 'currency,' or coin. It
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| | coins according to themes. The coins they
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| is also related to the study of
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| | collect all have a common topic. Some
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| banknotes, tokens, and other early forms
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| | collect coins related to kings and
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| of money.
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| | queens. Some collect those related to
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| Coins and other forms of money are issued
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| | plants and animals.
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| by governments and other monetary
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| | The price for a coin is determined by the
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| agencies. Billions of these flood the
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| | demand for this coin. Many factors affect
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| market yearly. But as time goes by, the
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| | this demand. If a coin is rare, chances
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| number of these coins go down. Some get
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| | are, it is in great demand. However,
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| lost and some are damaged beyond
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| | there are some coins that are rare, or
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| recognition.
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| | exotic, yet the demand for them remains
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| This goes to show that the older the
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| | low. If this is the case, then its market
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| coin, the rarer it must be. And for coin
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| | value will remain in the low end.
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| collectors, this is prime stuff.
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| | Before purchasing coins, one must do much
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| Coin collectors and hobbyists number
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| | research about that coin. He must assess
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| millions around the world. This hobby is
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| | its current market value and make sure
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| taken so seriously that there are even
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| | that the coin is genuine. He should also
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| professional dealers and investors who
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| | consider how much he could earn if he
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| ply their trade in this fashion.
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| | resells the coin.
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| The lure of coins lies in its power to
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| | The American Numismatic Association is
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| draw people into the era it belonged to.
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| | the largest numismatic organization in
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| These coins show many aspects of everyday
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| | the world. It was founded in 1891 and was
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| life during those times. By examining a
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| | chartered by the Congress of the United
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| coin, one comes to know the geography,
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| | States 21 years later. This group has the
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| philosophy, sociology, artistry and other
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| | largest library of coins available.
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| aspects of the culture they existed in.
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| | Collectors would love to visit their
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| Ancient kings (and even today's leaders)
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| | headquarters, the World Money Museum,
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| had a telling habit of having their faces
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| | which is one of the largest coin museums
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| imprinted on their currency. Some
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| | in the world.
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| historians have been able to put together
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| | Another organization, the American
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| clues regarding the ancient civilizations
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| | Numismatic Society, is the most active
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| using these coins. Sometimes, coins would
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| | and respected nonprofit numismatic
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| tell of a leader or prominent figure that
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| | publisher in the world. They maintain a
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| would have been forgotten by time if it
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| | museum that contains more than a million
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| were not for these coins.
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| | objects. They also have a library that
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| Hobbyists usually start collecting coins
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| | has one of the most comprehensive in coin
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| from their own locality. This makes sense
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| | collecting knowledge.
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| because they are the easiest to collect.
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| | Whether you are a hobbyist or a serious
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| These hobbyists then expand their
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| | collector, coin collecting will always
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| collection to coins from increasingly
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| | bring a sense of fulfillment and history
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| farther and earlier origins.
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| | to your life. It is never too late to
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| Coin collectors regard every single coin
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| | start collecting today. You can't lose!
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| as a unique specimen. They take note of
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| | Your collection can only grow in value as
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| the date, the mint marks, and even the
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| | the time passes by!
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