| Coin collecting has been around for many
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| | which the following dates are rarer and
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| years. To most people, it has always
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| | more valuable: 1909-S, 1909-S VDB (for
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| been a hobby. They collect coins for fun
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| | the designer, Victor David Brenner),
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| and their aesthetic value rather than
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| | 1914-D, 1922 with no mint mark and the
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| their monetary value.To other people,
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| | 1931-S. The letter following the year
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| coins can be a source of income, such as
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| | represents the different mints where
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| when one trades on the coin's precious
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| | these coins are produced. D for Denver,
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| metal intrinsic value, like gold and
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| | S for San Francisco and no mint mark for
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| silver. Also, people travel around the
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| | Philadelphia.There are some collectors
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| country setting up booths at special coin
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| | that specialize in areas like coins that
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| shows hoping to sell their coins for a
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| | are in circulation but have errors. The
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| profit to collectors. If you go to your
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| | 1969-S Lincoln penny with a double die
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| local flea market, you will usually find
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| | obverse, the 1970-S small date Lincoln
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| at least one coin dealer there trying to
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| | penny with double die obverse, the 1972
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| sell coins to collectors for a
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| | Lincoln penny with a double die obverse
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| profit.Some more sophisticated investors
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| | are some examples of these. Also, more
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| will try to use not only the coin's
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| | recent coins like the 2004-D Wisconsin
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| precious metal value but will also trade
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| | quarter with an extra leaf on the ear of
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| using the exchange rate value on the open
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| | corn and the 2005-D speared bison reverse
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| market. For example, buying Canadian
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| | design Jefferson nickel which appears as
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| maple leafs at a set value, then waiting
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| | though the bison was speared. There are
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| for the exchange rate to become favorable
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| | many other examples and a search on the
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| and trading the coins for US silver
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| | internet for rare coins will help you
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| dollars. If you own two Canadian maple
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| | find these.Value to a hobbyist may be as
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| leaf coins for example, you may be able
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| | simple as how pretty a coin looks. The
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| to end up with three US silver dollars by
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| | shinier the more appealing. To a true
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| taking advantage of the exchange rate.
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| | coin collector, luster, lack of scratches
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| This practice is of course, not for
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| | and wear are very important to the coin's
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| novices as there is much risk
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| | value. A coin can be valuable because it
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| involved.Coin collectors, also called
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| | is rare or because it is of top quality.
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| numismatists, will visit coins shows,
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| | This has become so important, that an
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| coin dealers and pawn shops in search of
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| | actual rating scale has been developed to
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| whatever coins they are trying add to
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| | grade coins for purposes of value and
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| their collections. Collectors cover the
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| | insurance.Our next article will cover
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| spectrum from collecting cents all the
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| | more on how coins are graded and the
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| way up to silver dollars. Each
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| | actual scales used. Until then, take
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| denomination has certain dates that are
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| | that change out of your pocket and check.
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| rarer and therefore more valuable. An
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| | You may be walking around with hundreds
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| example would be Lincoln pennies, for
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| | of dollars and not even know it.
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