The Dangers Of Coin Collecting

There are several dangers or pitfalls to avoid when collecting coins. Especially if you are concerned with their value as an investment. They include fake coins, inaccuracies in grading, dangers in buying coins on the internet, and damage to coins because of improper storage, not knowing the right way to store coins.

Fake Coins and Counterfeit Coins

There is a real danger in buying coins because of forgeries. One recent fake coin scheme is the fake American Silver Eagle, which has been produced Continue reading ‘Dangers of Coin Collecting’

Protecting Old Coin Values

Everyone has heard a good wine gets better with age, but many don’t realize the same saying can be true for preserved, especially those in mint condition. Proper care of your coin collection will protect your old coin values. Continue reading ‘Old Coin Values’

Commemorative Coins to Add to Your Collection

Commemorative coins are coins minted to commemorate, or honor, a person, place, event, or even a time in history. Commemorative coins are appealing works of art in their own right, and if purchased uncirculated, as a collector’s item, these coins may come in beautiful colors, with literature, or special storage containers. The following is a basic description of some of the more popular commemorative coins. Continue reading ‘Commemorative Coins’

Coin Prices Are Not Coin Values

Whenever you collect something, it has some sort of value.  Now it’s true that while some collectibles may only have sentimental value, they still have value.  Often, collectors buy items for their collection, and when it comes to collecting coins, there’s a difference between coin prices and coin values. Continue reading ‘Coin Prices and Coin Values’

Gold Coin Collecting as a Financial Investment

With the reference to Au, a symbol on the periodic table, most of us may not readily recall our high school chemistry and remember what the element Au stands for.  Consequently, we may not even have a reaction one way or the other.  However, if we mention the word gold, or the element Au, everyone immediately sees dollars signs. Continue reading ‘Gold Coin Collecting as an Investment’

Gold Coins Through Time

Gold and silver dominated the trade in Mediterranean two thousand years BC. Ancient civilizations of the time used these metals in form of ingots, which could be shaped variously according to the purpose at hand. It was not until the 6th Century BC that the first true coins, made of gold-silver alloy electrum, came into existence in Lydia (part of Turkey now) in the reign of King Croesus. Continue reading ‘Gold Coin Collecting History’

What Coin Collecting Accessories Are There?

The hobby of coin collecting seems to be pretty simple and straightforward without the need for many accessories. While to some extent, this is true, and you can enjoy your collection without any special gadgets, however, most collectors start looking for coin collecting accessories to enhance the enjoyment of their collection.  There is a vast array of accessories for collectors available to fit any collection. Continue reading ‘Coin Collecting Accessories’

Resources in Determining Coin Prices

If you are a serious investor in coin collecting, at some point you will probably want to know what your coins are approximately worth.  This point in time usually happens when you are ready to buy a unique coin or you want to sell a coin.  Continue reading ‘Valuing Coins and Coin Collections’

Three Advantages to Coin Collecting For Kids

Generally, hobbies are enjoyable and provide a diversion from the stresses of our daily lives, as well as being an educational tool.  Practicing a hobby often reflects a well-rounded component to our lives.  In fact, often on personal resumes, individuals even list their personal hobbies, including stamp collecting, playing chess, and baseball card collections.  Today’s hobbies capture an entirely different set of interests and reflect the technological advancement of our ever-changing society.  However, one hobby that has not lost its interest nor benefits to the enthusiast is coin collecting. Continue reading ‘The Advantages of Coin Collecting For Kids’

Starting in American Coin Collecting

When you decide that you would like to begin collecting American coins, there are several areas to choose from as to how you might like to begin and set up your collection.  Once you have chosen to make American coin collecting your new hobby, you may wonder what specialization areas available to choose from after already specializing in American coins.  You may be surprised to know there are over two hundred years of history to American coins for collecting, and several denominations, so there really are a lot of collecting options. Continue reading ‘Getting Started In American Coin Collecting’