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Why Collect Coins?

So why collect coins? Answer is simple really. Coin Collectors, sometimes called Numismatists, enjoy collecting coins on various levels. Some collect coins for their rarity, some collect coins in the hope that one day their collection will be worth a value. Some just do it for the sure pleasure of having a hobby that is easy to do. Doing a little research and starting off small is the greatest way to get started in this hobby. Learn all you can about coin collecting basics. There are many Coin collecting books and websites (like this one) out there, that will try to put a clearer understanding of what coin collecting is all about, and we are here to teach you what you need to know about coin collecting. Coins have a history about them, when they were struck, why was the design chosen for that time period. There are no reasons etched in stone that says you have to collect coins in any particular way. You collect the way you want to, if you want to only collect pennies,

How do I sell my Coin Collection?

So, you feel it is time to sell your long-time coin collection, or you have inherited a collection and you know nothing about coins and you want to sell them. As with the sale of anything, you want to make sure you get a fair price. Sounds simple enough, right? In the area of numismatics, when the time comes to sell, offers for your collection can vary greatly. The following tips will help guide you to getting a fair and reasonable offer. I will talk more on the term "reasonable" a little bit later. Coin Dealers, like any other profession, number in the thousands. From part-time single person businesses to huge companies that buy and sell millions of dollars worth of coins annually. And like other professions and industries, we have a few crooks. By following the general tips in this article, you should be in a better position to realize your collections value. So here we go! First and foremost, you need to know what you have. Why? If you do not know what you h

Coin Collecting - The Top 10 List

An associate of mine remembers receiving as a child a big paper bag of old US silver dollars, some going back as far as the late 1890s. Sometime between then and today he has misplaced that old paper bag. To this day he wonders if any of those coins might have been worth something. There is no arguing that coin collecting is one of the biggest and most expensive hobbies in the world. The price tags of some old coins would turn your hair grey. In this article were going to review the 10 most rare coins in existence. Wait until you see what some of these are going for. Starting at number 10, there are the "proof gold" coins. Today the mint strikes millions of these coins every year and sells them to collectors from all over the world. However in the 19th century the mint struck only a few thousand of these each year and only a handful of proof gold coins. These are very rare and very expensive and sell very well in good and bad market times. At number 9 we ha

What Is An Un-circulated Coin?

You may have heard the terms proof coin and un-circulated coin, but what's the difference between these two? To understand the difference between a proof and un-circulated coin, let's first answer the question, "What is an un-circulated coin?" Un-circulated means a coin has not had any wear, such as the wear a coin might experience when it is used in commerce. Handling a coin, as well as improperly storing a coin, can result in wear on the surface of the coin. This wear, even if very minor, will cause a coin to no longer grade un-circulated. When coins are minted they often bump into each other and receive small nicks and abrasion marks during the production process. These marks also occur as coins are transported in large canvas bags. These marks, sometimes called "bag marks", are more noticeable on larger coins, such as half dollars and dollars. Typical "bag marks" do not keep a coin from grading un-circulated. However, they can b

How to clean an old coin

While learning to clean old coins, you should experiment with different techniques to find a method that works best. As you begin to clean ancient coins, experiment to find methods that work best for you. It will probably take a while to get the process right. The first coins that you clean should be coins that you dont mind ruining. This is part of the learning process. When cleaning an ancient coin, patience is the key. Work as gently as you can. You goal is to remove dirt and encrustation without damaging the surface of the coin, or the coins patina (a thin, greenish film of corrosion that can build up on oxidized areas of a coin). There are a variety of tools that you can use to clean a coin. They range from liquid soaks, to tools that you can make at home, to manufacturers brushes of various sizes, to brass tools. When it comes to protecting your coin during cleaning, plastic and wooden tools are best. When a metal tool must be used, use brass, because it is a soft

Challenge coin display cases and challenge coins tips

I find it amazing that the interest and popularity of challenge coins and challenge coin displays keeps rising. I get many questions about military challenge coins so I have decided to gather some valuable tips for you. The most popular challenge coins are navy challenge coins, marine corps challenge coins, army challenge coins, air force challenge coins and police challenge coins. Which one do you prefer? Challenge coins are more precious than one can imagine - they are usually worth a couple of bucks, but they have a sentimental value no one can evaluate. That's why; you must protect your military challenge coins by using a challenge coin display case. Buy a challenge coin display that totally answers your needs: 1. One that will make you proud of your challenge coins collection - Some have dozens of challenge coins from navy challenge coins, marine corps challenge coins and army challenge coins to air force challenge coins and police challenge coins. A collect

Start Your Own Coin Collection

Coin collections can be prized possessions that can be handed down from generation to generation. There are even coin collections today that can fetch a prize up to hundreds and thousands of dollars. Coin collecting, more importantly, can be a very engaging hobby to follow. Anyone can enjoy collecting things as a hobby. So why not collect something that can appreciate in price as time goes by? That is just one thing that a coin collection can reward its collector. Such a collection can increase in value in time. People may not be aware of it, but most may have a start of their own coin collection. It is a wonderful hobby worth taking. Coins should not be that hard to collect since there are plenty to go around with. But that is depending on what kind of coins you wish to collect. Regardless of that, a coin collection can be a breeze to start. You might begin with what is easier to obtain in your area. You can collect your own set of good luck coins. Maybe you can add in to that colle