Coin Weblog

The Parliament building in Cape Town, the Anglican Church on Robben Island, and the entryway to the Johannesburg Museum in Africa form the setting for the Krugerrand reproductions on the obverse of this breathtaking commemorative coin. The first bullion coin of its kind, the Krugerrand has been minted since 1967 at the Pretoria Mint using the same motif. The original bullion coin is made from afull ounce of 22 karat gold and is named for Paul Kruger, former president of South Africa, whose portrait is featured on the obverse. You can order them at this site.

Imagine holding in the palm of your hand an ancient silver coin minted by of one the three kings who sent their emissaries to witness the birth of the baby Jesus. Imagine owning a coin that was touched by the people who walked among Jesus during his years on earth. Today, you can own an authentic silver Drachma, saved from destruction and preserved for over 2,000 years — just in time to celebrate Christ’s birth!

Finding an ancient Silver Drachma coin anywhere in the world is a noteworthy event. Finding one issued by one of the “Three Kings” of the Bible, a coin produced by the King of Persia from 35 BC to 5 AD and used throughout the life of Jesus Christ, is cause for true excitement. Intricately designed, it is a miniature work of art. In ancient times the Silver Drachma was struck by hand, one at a time, so no two are exactly alike. This was a coin that could have easily been used to purchase the gifts presented to the Christ Child and has been historically proven to have circulated in Jesus’ lifetime.

Very Limited at this Low PriceThis special offer of Ancient Silver Drachmas from the time of Christ is made possible by a recent discovery. The quantity is strictly limited and once they are gone, there is no telling when, or if, any more will ever be found. This coin has sold nationally for $135, but while our supply lasts you can own this Ancient Silver “Three Kings” Drachma for just $49.95.  You can purchase at this store.

you are interested in collecting coins, it’s important to be able to have a rough idea of how much coins are worth. Knowing how coin values are determined will enable you to find good deals, and ensure that you don’t get cheated into paying too much money for a coin with a low worth.

Supply Influences Coin Values One major factor in determining coin values is the law of supply and demand. If there are many coins of a particular type available, that coin will not be worth much. On the other hand, if only a very few coins of that type are produced, the coin values will rise. This is why a completely normal-looking copper penny minted in 1943 is worth about $200,000, whereas a 2,000 year old Roman coin may be worth less than $100 — because thousands upon thousands of Roman coins were minted, but only 40 pennies produced during war-time 1943 were made out of copper.

Demand’s Effect on Coin Values Even among coins with a similar number of copies in existence, some have a higher worth than others. This is because some coins are in higher demand, driving up the coin values. Coins may become popular because they are particularly lovely to look at, because they are part of a topical set that is often chosen by collectors, or because they have a certain historical significance.

Precious Metals and Coin Values Some coins are made out of precious materials like gold bullion or platinum. These coin values are less volatile because the worth is guaranteed in part by the material. A gold bullion coin, for example, is usually worth more than its melted weight, but it is never going to be worth less.

Coin Values are tempered by Grade or Classification The final major factor in determining coin values is the grade or classification of the coin. The more wear and tear that a coin has undergone, the less value it is going to have. This is why un-circulated coins are usually more valuable than coins that have been passed from hand to hand. Un-circulated coins have always been kept in the very best of conditions, making their value much higher. A coin in flawless condition may be worth hundreds of times more than a low-grade version of the exact same coin.

Now that you understand the basic factors that influence coin values, you have a better grasp of which coins may have real value and which will be worthless. In order to get a ballpark estimate of the value of any coins you might have, you will first need to determine its grade or classification. You can do this by comparing your coin’s condition to a published list of guidelines. Then look up the value of a coin in that condition in a book such as “The Standard Catalog of World Coins,” which should be available in most public libraries. If you need to know the exact amount that your coin is worth, you should take it to a coin dealer and let him or her evaluate it for you.

About the Author
www.coachingonnet.com

Introduction

Coin collecting is one of the few hobbies where you can get tremendous satisfaction and enjoyment and actually get all your money back and even profit handsomely if you collect wisely. Coin collecting is much more enjoyable when you have the right resources. Numismatic or Coin Collecting is the science of coins under an economic, legislative, metrological and artistic point of view. Apart of US and Canada where coin collecting is already matured, it’s growing fast in Australia and Europe.

Gold

Gold coins are something of a rare commodity. Coins sometimes purchased for investment purposes include ancients,Morgandollars, Walking Liberty halves and older gold coins. You can invest in hard currency, which can be profitable — especially in recent years since the price of gold and silver has been on the rise (for example, gold has doubled against the dollar since 2001). At all times the Gold Eagle coins that are produced are not only backed by the United States Mint in relation to how much they weigh and what they contain, but original ones will need to have been authorized for production by Congress. The US Mints introduction of the State Quarter Series, Buffalo Gold $50, and the new Nickels have really increased the number of new collectors and have infused the hobby with excitement.

Rare coins

Rare coin market came from coin collectors who bought coins for their beauty and historical significance. Rare coins are interesting because their rarity makes them precious and fascinating. People engage in hobbies at all ages and some of those hobbies include collecting interesting and sometimes valuable objects such as rare or foreign coins or rocks or unusual looking junk that poses as interesting conversation pieces and works of art. Gold and silver scarce rare coins offer two ways to build wealth- the intrinsic security of precious metals plus profit potential regardless if gold and silver spot prices increase or decrease. While it was once known exclusively as the “the hobby of kings” due to the high cost of coins, today coin collecting is for people of all ages, from the young collectors who save the new “Statehood Quarters” to gold investors who focus on rare gold coins.

Sellers

Be wary of sellers at flea markets, antique shops, or other on-targeted markets where the seller may inflate their prices or sell problem coins to unknowledgeable customers. The grade of a coin is an important tool to both sellers and collectors of coins. Internet sellers are a desirable sources as they often are accountable for their merchandise and do not charge high prices and fees to deliver their products. You must be aware and warned that some of these sellers are frauds and will not make the price you pay worthwhile. Coin auctions is where willing buyers come together with willing sellers. An easy way to browse and buy collectible coins is to use coinsale.org. They are linked to eBay and have an easy interface for your browsing pleasure.

Conclusion

Coin collecting is not really about investment, it should be a fun and thrilling hobby. 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. The old adage in coin collecting is that you can spend every penny you have on your hobby, and still have money left over. As mentioned above, I will recommend coinsale.org for collectors.

About the Author

Perry Corman is a curious soul, researcher and author. He has a wide range of interests, ranging from politics to astronomy.

Coin collecting is something that takes time to learn. The most important thing to remember is that you are doing it for the right reason - if it is a passion, then it is something worth pursuing.

Collecting just for profit may work but it usually is not enough in the long run. A person really has to think about this since many people who have tried it for that reason have lost focus and failed.

Successful coin collectors take a lot of time to learn everything there is to know about numismatics. Good sources of information are magazines, newsletters and brokers who can pass on information and news, when it happens. By using the resources a person can act fast before other collectors who want the same thing get the information first.

If a person tries to collect without knowing the basics, he will never succeed in this hobby.

Knowing how to grade coins can also help the collector know the true value of the collection. This knowledge will be valuable if the owner decides to trade for something of greater value or it can prevent scamming and wasting money for something of little value. Be vigilant!

One of the virtues that coin collecting can teach a person is patience since the collection may take years to complete. Some of the well-renowned collectors in the world have spent many years before reaping the benefits.

Learning to think like a collector is very important. Being too eager is not good because the collector could be tempted to purchase or trade the wrong coin which could prove to be costly. Think twice about using the information given even if that came from a reliable source.

Coin collecting can be difficult especially if the person is just starting. A person, more than likely, can’t afford to buy items worth more than $10,000, so it is best to start small and study the market for three to six months so that he can be comfortable before going after bigger prizes.

Coin collecting is similar to sports - it takes time to excel at it and goals, both short and long term, have to be established. By following the rules and using common sense, the person can become one of many other successful coin collectors.
About the Author

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Due to the tremendous demand in China and around the world, the U.S. allocation of Series II and Series III may be more limited than Series I. Call to reserve the entire collection today to avoid disappointment.

Every collector will want a complete set! Purchase the complete Series and lock in at the Series I price for all Series.

The Series II Set 
The two Gold coins depict the ancient Chinese athletic events of swimming and weight-lifting and the corresponding Beijing 2008 pictogram. The four Silver Proof coins feature famous Chinese landmarks: The Great Wall of China, The Summer Palace, The Tibetan Tower of Beihai Park in Beijing and a traditional courtyard residence in Beijing.

You can order them at this store.