Coin Collecting - An Investment To Be Mined

To some money is worth more than it's weight inI also discovered that paper money can weigh
gold. For some it's a childhood hobby, for othersmore in value with age and the price again varies
it's a passion that starts as a childhood hobby andfrom denomination to denomination and from
progresses into a full on career of buying andcompany to company. Two-dollar bills are being
selling rare and old coins and currency. It is knownsold and auctioned on ebay. There is a 1976 2
as numismatics to those in the business. I recentlydollar bill for $6.00 and a 2003 for $3.95. Some of
visited a few coin collecting sites and online cointhe really old money such as an 1869 one dollar bill
publications and found a side of money I have notis going for more than two thousand dollars on
seen before. And it seems that money valueWow! The numbers appear to be infinite as they
increases with age as I noticed when comparinggo on and up and from one pocket to another.
proof sets, though the prices varied among setsThis brings me to the next question. How is the
and from company to company.value of uncirculated money determined? The
While browsing CoinWorld.com, I found out thatanswer is grading, which is a system that grades
there are some coins that are produced forthe value of money based on the amount of
collectors. They are known as proof coins and arewear on the coin or paper dollar. See for more
uncirculated. I had no idea. My question then wasinformation.
how much are these proof coins worth? If it is aIf it is uncirculated money, meaning it does not
quarter, is it worth 25 cents or more? I startedget distributed to the public where it can over go
browsing some coin sites. The first one I visitedextensive wear and tear as it travels from
was They are offering a 2006 South Dakotapocket book to cash register to coin purse to
quarter for 55 cents. Remember, these arebank and on and on, and is kept in a safe place, it
uncirculated coins. I continued my search andwill hold it's value longer and increase in value as
visited other sites such as USQuarters, they weretime goes on. However, an uncirculated rare coin
selling it for 59 cents and other coin companiesor currency could end up in public circulation,
had similar prices for a single quarter. If you're atherefore I now pay closer attention to my
beginner check out the United States Mint atmoney because one never knows when they
usmint.gov. They will help you get going withmight find a diamond in the ruff and it could be a
various programs, coin sets and information.rare one worth much more than it's face value.