| The first known coin collector was
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| | scratched and otherwise worn. To have a
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| Petrarch, who lived way back in the 15th
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| | collection that will increase in value
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| century. A century later, Hubert Goltz
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| | over time, a collector should consider
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| visited a number of coin collectors
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| | uncirculated mint coins. These are
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| throughout Europe and estimated that were
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| | generally available when a coin is first
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| approximately 960 collections in total.
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| | released and are not worn in any way.
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| Numismatics gradually became a favorite
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| | Their value is higher than coins in
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| hobby of royalty. Francis I of Austria
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| | circulation.
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| wrote about his collection of gold coins
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| | Coins issued in different metals than the
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| in 1756. The British Museum established
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| | regular issues are also collectible.
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| one of the first coin catalogues. From
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| | Prior to World War Two, pennies were
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| this have emerged more than 100
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| | minted in copper. When copper was needed
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| publications devoted to coin collecting.
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| | in Americas war industries and could not
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| Today the word coin refers to standard
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| | be spared for coinage, the government
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| issue, commemorative or presentation
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| | authorized the use of steel to produce
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| pieces duly authorized by the federal
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| | pennies. After the war, copper was again
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| mint. This excludes coins privately
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| | used to produce pennies, enhancing the
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| minted coins. The most common substances
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| | value of the steel pennies. Today, it
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| used in making coins are gold, silver,
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| | costs more than a penny of copper to make
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| copper and nickel. Alloys, such as copper
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| | a penny.
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| and nickel, are also used to produce
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| | Congress is exploring the use of other
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| coins, such as the US 25 cent piece, that
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| | metals to make pennies. Should this
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| are less expensive to produce than single
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| | occur, the last copper pennies would
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| metal coins.
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| | increase in value, as would the new
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| There are many different types of coins
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| | pennies. Design changes can also affect
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| for collecting. One can collect a
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| | the value of a penny. For many years,
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| specific denomination by date of issue,
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| | pennies with wheat designs on the reverse
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| country of issue, mink mark, proof sets,
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| | side were issued. The design was changed,
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| uncirculated condition, metal content,
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| | thus increasing the value of the old
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| design or mint errors. It is ultimately
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| | design. A word of caution: all coin
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| up to the collector to decide what to
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| | values are based upon the availability of
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| collect.
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| | the coins and their condition. Coins that
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| Once the collector has decided on which
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| | are readily available or worn may
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| area to collect, its time to get started.
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| | increase in value over time, but not as
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| One area that is common today is the US
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| | much as mint, uncirculated varieties.
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| state quarter. They are found frequently
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| | There are many places that a coin
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| in pocket change. Commercial booklets are
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| | collector can go to find coins. There are
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| available to store the quarters. If a
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| | coin clubs, dealers, online and on
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| collector just wants all 50 state
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| | television auction sites, and even
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| quarters, they are relatively easy to
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| | companies that specialize in mail order
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| find. Because so many have been issued,
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| | purchases. You dont have to be rich to be
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| the value of circulated coins is low.
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| | a coin collector. Choose your area of
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| Coins in circulation get nicked,
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| | specialty and then jump in.
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