Coin Collecting University

Finding Rare along with Collectible Coins

admin — Mon, 27 Jun 2011 21:18:29 +0000

Finding Rare along with Collectible Coins

Article by lazaro 001

Locating Rare as well as Collectible Coins

Cash accumulating was began simply as being an activity for many individuals, however , you can easily hear what other men and women declare (or you probably be familiar with yourself) regarding media of men and women cashing inside on his or her old gold coin; understanding that motivated the best way to to be the coin-collecting skills. If you are some of those folks who desire to purchase coins, listed here are a number of places to begin your series.

Coin Retailers:

A lot of look owners are sellers that realize too much information online with regards to cash and are selling money too. These gold coin retailers are an useful place to come across as well as grow in information regarding cash along with coin amassing. These gold coin shops can be costly, though, because they are looking forward to offering their own loose change to get an income. With plenty of knowledge and/or getting someone that realize quite a lot about coin gathering as your trusted companion, you will get discount prices on your loose change.

Cash Exhibits:

There are occassions when your neighborhood local mall could have an exhibit from the 3 cash dealers and that will allow you to notice every one of the selections and invite you to buy a number of cash for less money due to competitors. You’ll likely in addition notice a number of fresh coins that are available and also well suited for your assortment.

These kind of money shows are wonderful not simply with regard to buyers and sellers but in addition for cash lovers who would like to notice exceptional along with nearly impossible to find coins.

Postal mail Orders/Web Web sites:

There are millions of traders worldwide and a lot of these have an online prescence that allow acquire loose change and purchase them by means of teleshopping or perhaps by means of virtually any on the internet transaction method including Paypal. You ought to seek information in these firms and study their particular terminology cautiously to make sure that you can get a refund when you’ve got an issue with the particular gold coin you bought and/or received.

For each and every reputable site, you will find could possibly be hundreds of phony websites which are only trying to get the dollars. Always require comments via past clients before you pay money anybody on the internet and remember to not provide just about any password or pin number figures.

Flea Marketplaces:

It would be astonishing destination to find uncommon money in a flea market, nevertheless new person important things have happened. These kinds of areas have got various concepts concerning rates and that is this can lack of knowledge associated with that the gold coin should be priced. You can find overpriced coins in case you are fortunate you might find a rare cash someplace in individuals heaps involving money that can ensure it is well worth it.

Flea markets sellers are generally hunting for a quick sell and also would probably provide you with special discounts once you acquire his or her items in mass. Make an effort to acquire various other goods and obtain the coins additional as being an extra.

Online auctions:

If you are looking to purchase truly, really uncommon coins, the absolute right place to go could be a sale. Sale are the only location where you can find folks offering his or her most rare and most expensive money. Several of these auctions tend to be taking place online simultaneously and most in the retailers are trying to find the best buyers. You should bear in mind along with warned in which some of these retailers are scams and will not make price worth it. You should attempt to understand more about these kind of coins as well as his or her well worth before attempting to buy one coming from an internet public sale.

Some other Cash Hobbyists:

Cash enthusiasts normally have copy money they are willing to sell for a cost under its market value. The only issue can it be is tough to locate yet another coin collector that will gathers exactly the same loose change while you. The most effective spots to check tend to be on the web groups, forums and also (should you have one) neighborhood groupings.

Some other coin enthusiasts work most effectively individuals to develop into when you wish to get started on your own personal series. They could supply you with guidelines, savings and some may try to ensure you get with their coins to be able to kick-start your own series.

Coin gathering is a lot like any other expense the value will certainly change: they could devalue inside worth and/or obtain benefit without notice. The simplest way to earnings in cash amassing can be keep current using the information and the price ranges of the loose change. This will likely not only assist you in not confused simply by vendors but through studying how to value a gold coin perhaps without a price tag listing.

Mystery Coins Found By Man

admin — Mon, 27 Jun 2011 21:10:18 +0000

Coins find a mystery

25th anniversary of Peterlee coins

Published on Saturday 25 June 2011 09:00

AN enthusiastic coin collector got a nice surprise when he discovered these 36 year old artefacts.

Paul Turnbull, who runs Coinote, in Hartlepool’s Elwick Road, was having a scour through a delivery of coins and medallions when he came across something he had never seen before.

When he took a closer look he realised he had found a silver and a bronze coin celebrating the 25-year anniversary of Peterlee new town.

Paul, 61, logged straight on to the internet and has since tried to contact a number of people to learn more about his discoveries, so far without success.

He still has no idea of how rare the coins are but says it is the first time he has came across them in his 21 years in the business.

“It was certainly a pleasant surprise when I picked them up and realised what they were,” said Paul, who lives alone in the Elwick Road area of town.

“The first thing I noticed was the Durham crest on one side of the coin. I have been trying to work out what exactly the coin is.

“Peterlee was actually founded in 1948, so all I can think is the first residents were handed their keys in 1950.”

Paul says he can’t sell or value them until he knows how rare they are.

But he believes the silver coin is already worth more than £100 due to the metal alone.

He added: “I have been in contact with a few people in Peterlee but nobody seems to know anything about them.

“It is actually quite a mystery but I think it is something which will interest a lot of people. I’m eager to find out more.”

Paul is urging anybody who may know more about the coins to get in touch with him at the shop or via email at paul@coinote.co.uk.

The First Ever Canadian Niobium Silver Coins Has Been Released

admin — Mon, 27 Jun 2011 21:04:54 +0000

June 25, 2011 By James

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The Royal Canadian Mint is presenting a thrilling new silver coins series, Canada 2011 Native American Niobium Full Moons Coins. There are four full moon silver coins in the series that are niobium bimetallic proof coins, and are comprised of the Buck Moon Deer Silver with yellow color, Full Hunter’s Moon in Orange, Full Wolf Moon in Blue, and Full Pink Moon in Pink.

The silver coins are the first ever Canadian niobium bimetallic coins, which use pure niobium in combination with silver to create the effect of rising moon against the image of a buck deer, a hunter, a wolf and pink flowers in the various coins. These Canadian Niobium Full Moon silver Coins were designed by the renowned Canadian artist, John Mantha.

The Buck Moon Deer Silver proof coin is the first of the Niobium Full Moons silver coins from the Native American series and has an extremely low mintage of just 7,500. The Buck Moon Deer Silver proof has a $5 face value, weighs 8.50 g with a diameter of 38.00 mm and is composed of pure niobium combined with .925 fine sterling silver.

Historic records from ancient times show that the cycles of the moon as in its waning, waxing, disappearance and presence in the sky, all marked the passage of seasons and periods of time, influencing all forms of life - human, animal and plant life. North American tribes like the Algonquin tribes followed the lunar cycle and they assigned names to every full moon cycle. The full moon during the peak of summer in July was called the summer moon or thunder moon or the commonly used name was the buck moon. During this period the North American wilderness witnessed the phenomenon of buck deer growing new antlers. The Buck Moon Deer silver proof from this Native American Niobium Full Moons Coin is a tribute to lifestyles in that ancient world.

Buck Moon Deer Silver proof coin

Mintage Limited to 7500 coins worldwide.
Composition 92.5% silver, 7.5% copper.
Finishproof
Weight (g) 8.5
Diameter (mm) 28
Edgeinterrupted serrations.
Certificateserialized
Face value 5 dollars
ArtistJohn Mantha (reverse) , Susanna Blunt (obverse)

Why I Love the 1909-S VDB Lincoln Wheat Penny

admin — Sun, 05 Jun 2011 17:04:12 +0000

By all accounts the the 1909-S Lincoln Wheat Penny is not just a rare coin with a mintage of only 484,000 but finding this coin in uncirculated condition is also rare.

This coin I find has a certain mistique about it. Desinged by Victor David Brenner the specifications are as follows:

Designer: Victor David Brenner
Obverse Design: Abraham Lincoln Bust
Reverse Design: "Wheat Ear"
Edge: Plain
Weight: 3.11 grams
Diameter: 19 millimeters
Composition: Copper (95%), Tin and Zinc (5%)
Date Minted: 1909
Mintage: 484,000

Buying this coin in good condition will run you in the $1200 range and I have seen a MS 65 coin go for $12,000 on Ebay. Either way, even buying one in good condition is still a great addition to a Lincoln Wheat Penny collection. Alternatively, you can take your chances an unsearched roll, but again you never know what you are going to get.

Anyway, if you are intrested in some nice classic coins visit my Ebay store DanCoinedit. Enjoy you collecting!

Coin Dealer- Get to Know The Secrets

admin — Fri, 18 Feb 2011 15:43:46 +0000

Are you interested to know how a coin dealer makes his money? Well, it all depends on the dealer knowing the right type of people. And they are the people who have coins to sell, and those who want to buy.

The dealer tries to find coin collectors who are willing to pay the money he is asking. Coin collectors are looking to buy coins for less than their value. So, it is important that the coin dealer has a network of people seeking coins. He then has to persuade them that his price is worth paying and that the coin’s value is higher.

The question is - why don’t these collectors buy and sell the coins themselves? Why do they need a coin dealer? Well, although the collectors think their coins are incredibly interesting, rare, unique, and therefore valuable, it may be that they have over-estimated their worth. Quite likely, these coins aren’t desired by other collectors as much as they once desired them. So, the coin dealer is the person in between the seller and the buyer-rather like a real-estate agent but in the coin world.

If so many coins are available for selling, the second question is why doesn’t the dealer drop the price, sell more coins, and make more cash? Well, firstly the coin dealer has to make sure that his own collection of coins doesn’t become depleted. Therefore, he must ensure he recoups the money he paid to buy the coins. Secondly, if the dealer paid a goodly amount for the coin, why would he want to sell it for less? He’d lose money. Lastly, coin dealers are like Scrooge-they don’t like to let go of their money. And coin collectors are no better. Each of them is eager for a bargain and won’t pay more than necessary.

The dealer of coins is a risk-taker. If he pays a lot of money for a coin, his risk is higher because he has to ensure he recoups his outlay. Coin dealers also have to beware of collector spam. Yes, collectors can also be greedy and ask for more money than what the coin is valued. With so many coins on the market, the coin dealer knows that the collector can go elsewhere to sell his coins.

So how does a dealer of coins minimise these risks? Knowledge is the key. Without information, the dealer can be deceived. The dealer must know coins back and front-he must be an expert in grading the coins down to the finest detail. If the dealer can’t be trusted to know his stuff, he isn’t going to be the kind of bridge needed between the seller and buyer.

The dealer must also be a star-gazer and know the future of coin values. If he offers a price, he needs to know that it will one day fetch him a profit. This way he minimizes his risk and makes money. Like a spider waiting for a fly, the coin dealer will wait patiently for the right type of collector to come into his shop. This collector will pounce on the coin and not want to let go, willingly paying the price that the coin dealer asks.

Summary:

You must be speculating how a dealer of coins is capable of making so much money. It actually depends on the collectors and buyers of coins known to the dealer. To obtain coins, the coin dealer has to have a wide network of people who might be interested in selling their coins. Next he has to persuade them that they will get more price than the actual value of the coins by selling them. The coin dealer gambles in this trade.

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Cleaning Coins - Think About It First

admin — Fri, 18 Feb 2011 15:41:31 +0000

I am sure that many of you have come across coins that looked like they were filthy. When you looked at these coins you likely decided that the coins required to be cleansed so that their full economic value would be able to be seen. While this may sound like a good idea, cleaning coins can in truth damage certain valuable characteristics that are required for mint valuing. You may want to wait before doing any type of cleaning.

Coins that are rare often times will be dirty to some degree. And because of our human nature we will want them to shine. This has been a big mistake for many, because the coin loses it’s authenticity after the cleaning.

For this reason it is often suggested to leave the coins more or less in the condition that you have found them in. Once you have found a good place to store them you will need to find a reputable coin dealer. This person should be able to inform you of the monetary value that these coins you have are worth. Once you have gotten at least several coin appraisals carried out you can ask the coin expert how you should go about cleaning coins without causing any damage.

As mentioned above it is highly recommended to get several appraisals on your coins. As a coin collector you should network with others of the same interest. Well of course you say, one good reason for this is to find out how others are taking care of their coins. They too may have some suggestions that work well for cleaning the coins without damage.

This is very crucial to find out as these people will have the knowledge and the experience in handling coins for assorted collection purposes. With all of this info they can tell you the best methods for cleaning coins without losing the diverse characterizing marks. When the process of cleaning coins has been finished you should look to making sure that you have a protective mint folder handy so that you can place the coins inside quickly.

There are methods of cleaning coins and many are effective. We only suggest to talk with the experts who have been in the business and know what they are talking about. Trust me, you will be glad you did verses damaging one of your valuable coins.

Keeping your coins inside of a coin leaflet will ensure that they stay protected. You must remember that many cleansing solutions are abrasive with harmful chemicals that will damage your coins. Hence you should truly find what are the simplest ways of cleaning coins.

There is no real need for you to cleanse your coins as this will in all probability reduce the value. Consequently you will be better off if you keep these coins in a safe place and leave cleaning coins for the professionals, and only when you truly need it cleaned. Another words, outsource your cleaning needs when they are needed.

But if you are cleaning coins on your own, then you’re likely better off starting with a coin that isn’t valuable first. This way you can see the effect that your cleansing methods will have on them. After that you can graduate to cleaning coins that aren’t worth a fortune, but which might conceivably produce a handsome sum for you. Or you could just leave cleaning coins to the experts and hand it all over to a trusted professional service.

The bottom line is this: If you aren’t sure how to clean your coins, then don’t risk it. At least in their present state the value is in tacked.

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Collect Coins and Make Profit

admin — Fri, 18 Feb 2011 15:39:19 +0000

Collecting coins has long been a favorite pastime of many. Whether you like old pennies or coins from other countries, people have had this hobby for years and years. But, when the state quarters came out, many people added them to their collections as well. Collecting state quarters is a fun hobby, but they probably won’t ever make you any real money because they’re very common.

The way you can make a profit from collecting coins is if they’re rare or hard to find. Old coins are your best bet because if you choose state quarters, they’re all too recent and easy to locate. So, stick with coins that are from centuries ago. They won’t be easy to find, so you will have to dedicate some time to searching for them.

Antique stores, auctions, word of mouth and the internet are great sources for locating these types of coins. Collecting coins that are very old can be exciting but it can also be a little costly. Very old coins, unlike state quarters will be highly sought after and will sell for hundreds or even thousands of dollars. But, if you want to add them to your collection, it will be worth it.

International coins also are of great value to many people. These are much more interesting than state quarters and will have a higher profit for you if you decide to eventually sell your collection. Again, collecting coins of this nature could be hard for you to find, so check out the internet to locate them.

Use an online auction to have access to thousands of coins from all across the world. You might be able to buy a very old coin or one that is from the 19th century. But, no matter if you’re collecting coins as a hobby or want to make a profit, you will have fun searching for them and will learn new things about the era they’re from!

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Oruro, Bolivia Bicentennial coin

admin — Fri, 18 Feb 2011 15:29:38 +0000

lunes 14 de febrero de 2011

The Central Bank of Bolivia presented on 9 February in honor session of the Legislative Assembly in the city Department of disbursing the commemorative coins in honor of the bicentennial of the Revolution of Oruro. And the night of February 11 Bicentennial give the coin of Oruro to the residents of this Andean region who live in the city of La Paz as part of the celebrations of the anniversary of his cry for freedom and urged the people of Oruro to maintain up whenever the emblem of freedom and equality.

The Commemorative Coin was delivered by the President of BCB, Marcelo Zabalaga, the Governor of Oruro, Santos Javier Tito Veliz and subsequently the President of the Multinational State, Evo Morales, as a symbol of membership of the Central Bank to the Bicentennial celebration liberal cause of October 6, 1810.
He reminded attendees that the October 6, 1810, is a civic date incorporated into the official calendar since 2005. This is not an isolated date, is the culmination of an ideal of freedom conceived in 1739, endorsed the February 10, 1781 by Sebastian Paymaster and spirit remained dormant in the city for more than 86 years until the declaration of Independence in 1825.

Zabalaga said that this is the contribution to the commitment to ensuring the best future for the country and the contribution made by the Bolivian Government in the search for better days for the Bolivian population and particularly for the people of Oruro, confirming the commitment of daily work support the productive power of his arms, Oruro.

Commemorative coin, the obverse bears the bust of Thomas Barron that the October 6, 1810 Village led the rebellion against the colonial power Oruro. On the reverse of the coin features the coat of arms of Bolivia.

The piece weighs 15 grams, has a cylindrical shape with a diameter of 29 mm, 2 mm thick and smooth edge. Its outer ring is silver (Ag900), while the core of brass and aluminum (Nordic gold).

The BCB issued seven thousand units of the Currency and is available in boxes of the institution in the city of La Paz and the Credit Bank city of Oruro.

How Should I Store My Coins?

admin — Mon, 20 Sep 2010 12:55:39 +0000

How Should I Store My Coins?
There are two concerns when discussing the storage of coins. First, the storage of the individual coin, and Second, the storage of a group of coins, or an entire collection.
Storage of a Coin Collection

The Environment of the entire Collection, or Group of Coins is the focus, taking into consideration Temperature, Humidity and Light. A relatively constant, moderate to low temperature and low humidity are preferable for long term storage of numismatic collectibles. Placing packets of silica gel,While storing music and music videos on your R4 card you should ensure that you name the files properly. which absorbs moisture, in the coin storage areas helps control atmospheric humidity. The less light, the better; and absolutely no sunlight. This is why a safe or vault is ultimate storage container; because it controls Temperature, Light and Humidity, and provides Superior Safety.

Groups of Coins, or Collections are best stored in plastic coin boxes, such as sold by PCGS, NGC and Whitman, and which will hold 20, separated,you need a pair of shape ups to do exercise. “slabbed” coins. Another alternative is a cardboard coin storage box (single and double; red, blue or black), which stack easily on each other. Different sizes are available for slabs, as well as Vinyl and Cardboard Flips.

Storage of Individual Coins

Putting Individual coins into Holders is Imperative for all coins whose condition is BU and above, or MS60 and higher. Coins below these designations are considered “circulated” because they are found in the general circulation of money. Typically this will mean they are found in pocket change, or in rolls of coins purchased at a local bank. Although collecting Circulated coins is a great personal challenge for many collectors, the more serious Coin Collectors will concentrate on “Uncirculated” coins (BU+ and MS60+ ) because of their better condition (grade), value, and appearance.

Types of Containers or Holders.

Almost anything will do for coins with small or no numismatic value. A coin that is worth only face value, is not likely to have much numismatic value.We offer you beautiful ladies hat,silk scarves,rhinestone earrings,tiffany rings,human hair wigs for special occasions and more products. while nearly airtight holders made of inert materials are a better idea for valuable coins.

Jars and boxes are adequate for raw pocket change and circulated coins.

Paper Envelopes or Paper Flips of various sizes (usually 2 x 2) are still used for single coins. Be sure to use envelopes made explicitly for holding coins, otherwise your coins may change color (tone) over time due to reaction with sulfur or other chemicals present in the paper. Since the coin can not be seen,It is now out of favor with collectors.

US $5 Gold Coins

admin — Mon, 20 Sep 2010 12:39:43 +0000

The United States $5 American Eagle coin contains gold in what are called “troy ounces,” their actual gold weight. As of July 2010, the United States $5 American Gold Eagle coin is worth about $145. The Gold American gold Eagle series started in 1986; coins minted from 1986 to 1991 have Roman numerals’ dates, while those produced after 1992 use Arabic numbers. They are required to contain the actual amount of gold weight as stated in troy ounces, but also contain silver and copper alloy to make them more wear resistant, at a current specification of 0.9167, or 22 carat. This has been authorized by Congress and the United States Mint, for guarantees as to metal content and weight.

Read on for more information on the $5 gold american eagle .

Design

Originally the older 20 dollar gold eagle design from the early 20th century was used to design the current 5 dollar eagle; the design is by Augustus Saint-Gaudens, and even though similar to the original $20 gold piece, the United States mint nonetheless decided to use it for its new American Gold Eagle coin, on the reverse. (the older version was minted between 1907 and 1933.)

Now the $5 gold eagles resemble the older $20 gold coin. The front of the coin contains the LAdt Liberty with torch and olive branch and the capitol behind on the left. The back of the coins contains the bad eagle carying an olive branch in mouth and flying above the nest with the female and young eagles.

Although most know the story of the Statue of Liberty, many may not know why the eagle is so central to American symbolism and therefore to the United States $5 American Gold Eagle coin.

The eagle is the United States’ national emblem, originally chosen on June 20, 1782. It was chosen to represent America in part because it was thought to exist only on the North American continent. And it represents freedom. As the story goes that the sounds of one of the first battles of the Revolution woke up the eagles and the eagles flew over head during the battle. The Patriots are said to have stated, “They are shrieking for Freedom.”

Because of this, the eagle remains a prominent symbol of America, its freedoms, and all they stand for.

In addition to its design with a bald eagle as a centerpiece, the $5 gold piece also contains other information, including the amount of gold in the coin, how pure it is, and its face value at the time of minting (this changes day to day, as the market itself changes). These coins are mined from gold in the US.

These coins are also legal tender.

It’s indeed true that the United States $5 American Gold Eagle coin is still legal tender for its “face value” of $5s. However, given that its real value is significantly higher based upon market specifications, most people no longer use this coin as legal tender. Keep this coin in your collection!