Collecting Coins: What Are The Types And Pricing?
Mints often come up with coins, medals and tokens that go on to become collector items. Commemorative coins are very common, like coins for the Olympics or some other historically significant event like the landing on the moon by Apollo. A collectible coin has to be examined by the dealer before it can be assigned a price tag. The first examination will place the coin in the category of either denomination or type.
These coins come in various denominations like half cent coins, seated quarters, large sized cents, three cent nickels etc. Most collectors like to collect sets but since sets can prove steep on the pocket they settle for at least one of each type. Some of the more common types are silver dollars, dimes, nickels, the rare half dollar, cents and quarters.
Silver dollars would be priced more than the denomination it carries because of the silver content in it. Common among these are the Morgan?s which were minted from 1878 to 1921 and the Peace Dollar which made an appearance in 1921 to 1935, considered the perfect addition to a collector?s existing set.
The dimes started off in 1792 as 90% silver and 10% copper but the silver content began to drop and in 1965 the value was debased. The dime now became 75% copper and 25% of nickel as these were not precious metals. The older dimes are naturally worth a lot more than their successors. Amateur collectors do manage to find the Barber Dime that was minted 1892 to 1916 and the Mercury Dime minted 1916 to 1945, which are now rare items.
By definition a nickel is 1/20th of a dollar and is often made of an alloy of nickel and copper. Famous nickels are the Liberty Head ?V? minted 1883 to 1913 and here a truly authentic 1913 is very rare and valuable and has many counterfeits to its name. Then 1913 to 1938 saw the arrival of the buffalo nickel. During World War II the nickels minted were generally of a composite of metals like silver, manganese and copper.
Among the increasingly rare coins one notices that the 1948-1963 Franklin Half Dollar is considered a real find despite being fairly recent. Along with this, quarters are even more difficult to find like the Standing Liberty minted 1916 to 1930, which is quite sought after and the Barber minted 1892 to 1916, is even more so. Cents have their own place in the coin collector?s album. They have been minted since 1856 and now come under different collectible categories. The Flying Eagle Cent minted 1856 to 1858, the Indian Head Cent minted 1859 to 1909 and the Wheat Black Lincoln Cent minted 1909 to 1958 are some of the coins sought after by collectors.
Under specialty categories, one generally finds foreign coins which are no longer in circulation and of a decent age. This would include the gold coins minted before 1933 like the Gold Dollars minted 1849 to 1899 and the Double Eagles, also known as the twenty dollar gold pieces, minted 1849 to 1933 and commemorative editions which come out from time to time. Tokens and medals form a collection if they are of the subway and metro types but are not individually classified as coins per se. They become valuable if they are denoting some historical event etc.
Once this basic categorization is done, the dealer then goes on to the next step of grading the specimen coin.
Beverly Kane is a staff writer at http://www.collectiblesadvisor.com and is an occasional contributor to several other websites, including http://www.theshoppinggazette.com.
Related Articles:
Free Stuff
Get the Latest FREE Giveaways!
Favorite coin links
Links
Knowing Your Coin Collection Value
Back in the olden days, people hoarded coins for the sole reason of the value they can get from them Centuries later, people transformed that mindless activity into an elite art called coin collecting
Old Coins - How To Get Started In This Fun Hobby
Coin collecting has been in vogue throughout recorded history. Its popularity coincides with the earliest use of metal coins for trade and barter. The generalized study of coins and currency is called "numismatics". The following discussion may be of interest to anyone considering collecting old coins ().
About Ancient Coins And Legal Tender
Getting Started with the Hobby of Numismatics and Collecting Coins.
Why Finding the Right Coin Price Guide is Important
If you're new at coin collecting, you might find yourself overly excited at the prospect of finding or holding a coin that's priceless Some coins are worth more than others, while other coins are not worth anything at all
Buy Gold Coins - 3 Reasons To Buy
Gold coins are of particular interest to coin collectors for three reasons. The first reason is because of gold's long history as the primary monetary unit of exchange, and the significance of historical events in which gold and gold coins played a major role. The second reason is the aesthetic and artistic appeal of minted gold coins. The third reason is gold's role in our modern economy as a highly functional and financially liquid store of monetary value. In fact, US gold coins () are still minted and sold by the U.S. Government.
Enjoy Coin Collecting For Kids
If you have kids who are into coin collecting, you can help them realize the full potential of their interest by teaching them more about the matter and explaining to them the implications, as well as the many wonders, of coin collecting both as an art and a possible money-making hobby Coin collecting for kids should be fun and exciting - a learning experience that your kid could enjoy in many ways
Buy 1/10 ounce, 1/4 ounce, 1/2 ounce and 1 ounce American Eagle Gold Coins
Those who wish to buy Gold Coins, whether for collecting, presenting gifts or for investing purposes, American Eagle Gold Coins are the best option. If you are looking to buy American Eagle Gold Coins, with American eagle, or those of other designs, the collection of American Eagle Gold Coins is truly amazing, each with their own historical story to tell.
Collecting Old Greek Coins Roman Coins And Others
Collecting old coins is like holding a piece of history right in your hand. It is common to find affordable ancient Roman coins that are 1600 years old, and many are even 2000 years old or more. Imagine that the ancient Roman denarius in your collection might once have bought admission to the gladiator fights in the Coliseum or chariot races at the Circus Maximum. The best thing about collecting old coins is that, unlike other antiquities, ancient coins are remarkably affordable. Because so many ancient coins have been discovered, and more are being unearthed every day, it is possible to buy millennia-old coins for only a few dollars apiece. For less than the cost of a movie ticket, you could own a link to olden times.
Old US Coins - Are You Spending These Rarities As Common Change?
The hobby of collecting coins enjoys great popularity among many people. Collectors of all ages will find something of interest in this hobby. Generally speaking, the younger collectors find themselves attracted to usual coins, or coins which have a special aesthetic value for them. Older collectors are usually more interested in the worth of their collections as opposed to aesthetic considerations.
A Guide To Playtech's 3-Reel And 5-Reel Slots
Slot machines are the most popular casino game in the world, both at land-based casinos and on Internet gambling sites Playtech, founded in 1999, is one of the major software providers for the online gambling industry
Gold And Silver Coin History
The major commercial center linking the Asian kingdoms of the east with the coastal Greek cities of Ionia was Sardis, the capital city of ancient Lydia. So it was only natural that the first coins ever made would start here. Around 650 BC, give or take 10 years either way, coins with the head of a Lion first appeared and was used as the first system of bimetallic currency. These first coins were made of a metal called electrum, an uneven mixture of gold and silver, and sometimes had small traces of copper and or other metals in it.
Participate in Coin Collecting For Profits
Millions of people enjoy coin collecting People of every age enjoy this fun hobby
Valuable Tips Prior To Selling Coins
At this day and age, selling coins is easy. There are lots of coin collectors and prospective coin buyers everywhere. All you have to do is to figure out the value of your coin and explore the options available. By doing that, you are assured to make a profit out of your coins.