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Hidden Values in Coin Collecting

In the world of numismatics, a coin is it's the challenge of acquiring coins of
valuable only to the extent someone wants historical numismatic value. I strongly
it. I have common Lincoln cents that I urge any serious collector to invest in
wouldn't part with. Whether it's the high-grade coins that possess strong
historical appeal or perhaps just return potential. If you see a coin you
beautiful toning; that is a value that like, collect it. I have many fine
makes a collector in the first place. examples of coins that I have collected
A coin collector's rule-of-thumb is 'the simply because of the eye appeal.
coin you don't pick up is the one you But for most collectors, investing in
need'. coins for future profit is a back burner
The point is, you just never know. thought. The typical collectors I know
Recently in an Internet coin forum, I collect what they like. The thrill will
came upon a question from a collector who always remain in the research, hunt and
believed he had a Lincoln Memorial cent acquisition. And I always promote that.
that was missing the depiction of Lincoln So what great advise did I pass on to the
on the reverse. A picture of the coin owner of the error coin? In the simplest
was included and this inspired many of words, I suggested he assemble a
comments from other forum members. complete set of that error in each year
Most of the comments seemed to be focused of production. Start from 1959 to the
on the value of the coin and how its present.
disposition should be handled. Calmer Not only was a challenge presented to
heads prevailed and convinced the owner anyone who read the forum post but also
of the coin that what he was really the spark to enjoy coin collecting in the
looking at was the result of a worn die. simplest form. A complete collection of
The harsh reality is the coin he this variety would not only be enviable
possessed is of value but not in terms of but one of personal and monetary value.
dollars and cents. And who hasn't And a collection of this sort is doable.
experienced that feeling. To you the reader, this advice can apply
I'm the last one to bust anyone's bubble to any aspect of collecting. Right now,
but unfortunately most variety errors are I'm assembling a project set of Memorial
not considered rare or valuable. There cent obverse die cracks. It started from
are exceptions and perhaps this is what three beautiful examples found within
he had hoped. But as a coin collector days of each other. And I had none in my
myself, I knew there must be a silver personal collection or business
cloud somewhere in his find. So I inventory. So the hunt is on.
replied to his post pointing out the So before you toss that coin in a jar or
hidden value in this coin. hand it over to a sales clerk, take a
The rules in coin collecting are very moment and think about it.
simple. There are none. Coin collecting You'll be glad you did.
is more than making a buck. For some,




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