Welcome To Coin Collecting 101

Collection of updates and essays and information about coin collecting

Which Coin Collecting Book?

Posted By on May 22, 2022

The handbook from the universe is one that carries all the necessary information that every coin collector needs, literally speaking.

The truth is that coin collecting books are “must-haves” for every coin collector because they provide all of the necessary information in that a collector needs to succeed in this type of leisure activity.

Most of the expert coin collectors advise that every “newbie” in coin collecting should buy a book before he buys a coin. Engaging in this activity is not merely a “finder’s keepers” type of game. The argument of this concept is based on the premise that coin collecting is not an ordinary activity where people can just grab any kind of coin that they see. It is important to know the basics of coin collecting to appropriately categorize the kinds of coins that are fit for compilation.

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Coin Collectors: What Types or Specialties?

Posted By on May 15, 2022

If you are a coin collector, how do you categorize yourself?

There are various ways to collect coins as well as the specialties of collectors. Here is how to differentiate the variety of coin collectors.

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Coin Auctions

Posted By on May 8, 2022

If you are a coin collector who wants to sell or buy coins, one good way to do it is through coin auctions or bidding.

Coin auctions provide the best ways to obtain coins that have remarkable values. Coin auctions are the primary source of rare coins because most rare coin collectors want to sell their treasures to the highest bidder.

Unlike the typical way of selling and buying coins, coin auctions entail some rules and regulations for both the bidder and the seller that they must adhere to.

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Accessories for Coin Collection

Posted By on May 2, 2022

When collecting coins, one thing to consider is how to arrange and take care of the coins. Coins that are collected may be antique, ancient, or limited editions coins. These coins come from many countries and are usually high in value. A collector must know how to keep and take care of them so that they will retain the same appearance and value.

One way to take care of coins is to purchase s selection of coin accessories. Not only are coin accessories used to make a coin collection presentable and organized; but the primary purpose of coin accessories is to take care and preserve the coins.

When buying coin accessories it is important to choose those accessories that will best satisfy the needs of the collector. Some factors that may be considered are durability, price and usefulness.

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How to Find Rare Coins

Posted By on April 27, 2022

Coin collecting was started only as a hobby for most people, however you can hear what other people say (or you probably have heard yourself) about news of people cashing in on their old coin; and that encouraged more people to go on a coin-collecting streak. If you are one of those people who want to invest in coins, here are several places to start your collection.

Coin Shops:
Many shop owners are dealers that know a lot of information about coins and are selling coins too. These coin shops are a valuable place to find and gain more information about coins and coin collecting. These coin shops can be costly, though, as they are anticipating selling their coins for a profit. With enough knowledge and/or having someone who know a great deal about coin collecting at your side, you can get great prices for your coins.

Coin Shows:
There are times when your local mall will have an exhibit from several coin dealers and that will let you see all of the collections and allow you to buy some coins for a lower price due to the competition. You will probably also see several new coins that are available and suitable for your collection.

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Coin Collecting 101: What Type of Coin Should You Collect?

Posted By on April 24, 2022

Coin collecting is a fun hobby to start and the thrill of hunting for old coins is enough for many people to continue doing it. Other people consider coin collecting an investment, something they can receive a profit from. If you are one of those people, then you can find several types of coins in this article that will help you determine what others are looking for.

Most coin collectors will look for only a specific kind of coin that will make their collection more valuable and interesting to buyers. Others are collecting for sentimentality and are looking more at the coin’s uniqueness.

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A coin is worth more than a coin

Posted By on April 24, 2022

Coin collectors, old and new, have always wondered whether the coin or coins they have in their possession are worth more than the face value today – or in the foreseeable future.

Even though that a coin which has little or no value monetarily is not necessarily one would not keep or make part of one’s coin collection.

The following are basic factors which could influence a coin’s value.

How rare or un-rare is it?

Generally, the concept that everyone knows and follows is this: the rarer a coin the higher the coin’s worth. This rule is true in some cases and – fortunately or unfortunately – false on the others.

There was a situation where a Chinese coin, a thousand years old, sold for only a few of dollars because there were many of the thousand-year-old Chinese available. Compare this to a coin made only in 1913, a nickel specifically called a Liberty Head, which could sell for (hold your breath) one million dollars! It is known that only five of these coins exist, consequently the enormous monetary value.

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$10 Million Valuation On Pennies

Posted By on October 6, 2012

Are you able to think about holding $10 million in pennies? Clearly perhaps if you have the actual collection of coins which was not too long ago purchased in Long Beach, California, this wouldn’t be so  hard.

288 pennies sold for $10.7 million in a public auction. The range was comprised of 301 scarce, very early USA pennies. Sometimes called “large cents”, these types of  vintage copper coinage are around the dimensions of today’s quarters. They had been produced in the time of George  Washington as well as Thomas Jefferson, approximately 1793 to 1814.

At the conclusion of the actual public auction, there was thirteen pennies remaining. These leftover coins were definitely anticipated to end up being bought inside a week from the public auction.

The auctioneers were definitely as astonished as the ranges seller with the costs the actual coinage was getting. Two Eighteenth century pennies smashed the actual world record for the largest price tag  obtained for a scarce penny. A nice price at $629 400. Ideally the latest owner feels as though they received their two cents  worth.

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