Don't spend money collect them


Coin Collection - The Art Of Numismatics

The first known coin collector was Petrarch,and otherwise worn. To have a collection that
who lived way back in the 15th century. Awill increase in value over time, a collector
century later, Hubert Goltz visited a numbershould consider uncirculated mint coins.
of coin collectors throughout Europe andThese are generally available when a coin is
estimated that were approximately 960first released and are not worn in any way.
collections in total. Numismatics graduallyTheir value is higher than coins in
became a favorite hobby of royalty. Francis Icirculation.
of Austria wrote about his collection of gold
coins in 1756. The British Museum establishedCoins issued in different metals than the
one of the first coin catalogues. From thisregular issues are also collectible. Prior to
have emerged more than 100 publicationsWorld War Two, pennies were minted in copper.
devoted  to  coin  collecting.When copper was needed in America's war
industries and could not be spared for
Today the word coin refers to standard issue,coinage, the government authorized the use of
commemorative or presentation pieces dulysteel to produce pennies. After the war,
authorized by the federal mint. This excludescopper was again used to produce pennies,
coins privately minted coins. The most commonenhancing the value of the steel pennies.
substances used in making coins are gold,Today, it costs more than a penny of copper
silver, copper and nickel. Alloys, such asto  make  a  penny.
copper and nickel, are also used to produce
coins, such as the US 25 cent piece, that areCongress is exploring the use of other metals
less expensive to produce than single metalto make pennies. Should this occur, the last
coins.copper pennies would increase in value, as
would the new pennies. Design changes can
There are many different types of coins foralso affect the value of a penny. For many
collecting. One can collect a specificyears, pennies with wheat designs on the
denomination by date of issue, country ofreverse side were issued. The design was
issue, mink mark, proof sets, uncirculatedchanged, thus increasing the value of the old
condition, metal content, design or mintdesign. A word of caution: all coin values
errors. It is ultimately up to the collectorare based upon the availability of the coins
to  decide  what  to  collect.and their condition. Coins that are readily
available or worn may increase in value over
Once the collector has decided on which areatime, but not as much as mint, uncirculated
to collect, it's time to get started. Onevarieties.
area that is common today is the US state
quarter. They are found frequently in pocketThere are many places that a coin collector
change. Commercial booklets are available tocan go to find coins. There are coin clubs,
store the quarters. If a collector just wantsdealers, online and on television auction
all 50 state quarters, they are relativelysites, and even companies that specialize in
easy to find. Because so many have beenmail order purchases. You don't have to be
issued, the value of circulated coins is low.rich to be a coin collector. Choose your area
Coins in circulation get nicked, scratchedof specialty and then jump in.



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