| One important metal aside from gold is platinum. | | | | that are produce out there with different |
| It is one of the most valuable metals in the world. | | | | quantities. So the rarer your coin is the more |
| Platinum is known as the world's valuable metal | | | | expensive it becomes. And the coins that are |
| because it is more expensive that silver or even | | | | produced with more quantities will have a lesser |
| gold. | | | | value compared to coins that are produce with a |
| Platinum is considered rare for there are around | | | | limited amount. |
| 550 million oz of silver produced each year and 85 | | | | - Condition, it is also important for you to check |
| million oz. of gold; while only about 7 million ounces | | | | the condition of your platinum coin. Checking and |
| of platinum are mined yearly. | | | | knowing that your coin is in good condition will help |
| Platinum costs more than gold and silver for it is | | | | you know how much the coins value is. For it that |
| an even rarer metal. Platinum was first mentioned | | | | coin is one of the rare ones and it is in good |
| by Europeans by the Spanish Conquistadors. They | | | | condition then it will cost more than what you |
| were the first Europeans to find the precious | | | | might think. On the other hand if your coin is not |
| metal when they mined for gold and silver in the | | | | in a good state then there's a possibility that its |
| New World. This precious metal was in used | | | | value will be less. |
| around late 1700s in Europe, | | | | - Age, is important for this is one of the basis in |
| In 1828 the first platinum coins where coined in | | | | knowing the value of your coin. They will see how |
| Russia, and the minting of Russian coin was | | | | ancient your coin is the older your coin the higher |
| stopped in 1844. Unlike gold and silver, platinum is | | | | it value will be. So if your coin is rare and in good |
| not used widely, some countries minted this | | | | condition plus it's an antique for it was minted |
| precious metal for collectors and not for daily use. | | | | way, way back then be assure that your coin will |
| But, there where times when people used gold | | | | have a high value. |
| and silver as their form of payment but in 1933 | | | | - Content of platinum. This is actually the most |
| almost all counties stopped using them as a form | | | | important factor in determining a coins value. Put |
| of payment. Platinum coins are minted as | | | | simply the more platinum a coin contains the |
| commemorative coin for a person who loves to | | | | more valuable it will be. If you are not sure of |
| collect coins. | | | | your coins value then you could ask some friends |
| Here are the three main factors you should know | | | | or an expert and let your coin be check to see |
| to determine the value of collector's coin. | | | | how much its value is. |
| - Rarity, there are lots of commemorative coins | | | | |