Coin Collecting

Design Types Of US Coins And Coin Collecting


Coin collecting is a fun hobby that anyone who has the time can do. A coin’s history and its development can be learned by collecting them.

At one point in time, between 1838 and1933, the United States issued gold coins for circulation. The Liberty Head bust was used as the design until 1907. The design was then changed to the Indian Head and Saint Gaudens motifs until 1933 when the “Great Depression” started. This prompted the recall of the coins which makes it very rare to find any of them today.

The most valuable coin in the world is the 1933 Double Eagle. This was a $20 gold coin that was made in the 1800’s after the California gold rush. This coin was not allowed to be used in the 1930’s and when this coin was auctioned in 2002, it sold for nearly eight million dollars.

Since gold coins are hard to find, most collectors select other coins.

One type of collection you might consider is the one made up of coins that are flawed when the coin was minted. If you can find a coin with a misspelled word, a wrong date, off-center characteristics, or double-punched marks, these coins are valuable. Such mistakes can increase a coin’s value from $50 to a $1000.

Coins that were only issued or circulated for short period of time also make good collectibles.

A coin collection is at its best if it is focused on a certain coin. A collector can choose from pennies, nickels, dimes, quarters and dollars.

Another way of collecting is disregarding the types of coins but concentrating on a certain time period. Coins have different mint marks and collecting those that were struck in the same location can also be interesting. The important thing for hobbyists is to stick to the collection until it has been completed.

For a good start subscribe to a coin publication such as Coin World or Coinage Magazine for information on the types of coins that you might want to collect. The internet or a local coin shop can also help expand the search for those coins that can’t be found in your locale or out of state.

Building a coin collection will take a long time - months or even years. The United States has produced so many coins that it is hard to keep track of them. By deciding on the coin(s) you want to collect, the challenge to complete that collection begins.


Articles compliments of skaDoogle

Browse Our Information Mall

Coin Collecting


Other Interesting Articles

The Perfect Time To Sell Coins

When is the perfect time to sell coins? This may be a dumb question if asked of a coin collector however timing really does make a difference. There are times when a collector wakes up in the morning and suddenly makes a decision to sell his precious collection of coins. There are also times that a collector needs to give up his coin collections due for personal reasons and the idea of selling his precious coins may be the most difficult part. No matter what the reasons are, it is a fact that this does occur in the life of a coin colle... [Read more]

Why Is A Coin Grading Service Important?

Coin collecting has been a very popular hobby to many people of all ages. The marketing of coins has expanded widely and because of this wide the market prices of coins has varied immen... [Read more]

Starting Coin Collections

People have different hobbies and there are individuals who love to collect certain things like coins. Coin collections are gaining popularity over the years. Arduous collectors are not very much interested in selling their collections; rather they want to store them for family keepsakes which they can pass on to their kids and grandchil... [Read more]

Coin Collectors Galore: Types Or Specialties

If you are a coin collector, how do you categorize your... [Read more]

What Are Factors That Affect The Value Of Coins?

When one is just starting in coin collecting, often the first question is: “What is the value of the coin?: and the answer is that the coin will cost as much as you are willing to pay for it and the amount can vary considerably. For instance, a coin dealer’s offer can be much less than a coin collector that certainly wants your coin badly to add in his collec... [Read more]


 Watch Videos on "Collection"


DNAinfo

Challenge Coins Being Sold By Morgan Park Police Before South Side Parade
DNAinfo
The coins cost $10, and proceeds will be used to help offset the cost of upcoming retirement parties for officers in the district, said Sgt. Mike Egan, who helped coordinate the fundraiser. Challenge coins are popular in the military and elsewhere, he ...



CoinWeek

Gold Rooster Coins Are a Hot Commodity
Bloomberg
Uncertainty over the new leadership in the U.S. and concerns over bank debt issues in Europe, as well as a drop in prices and demand for special edition Lunar New Year coins, helped boost sales recently, said Neil Vance, group manager of minted ...
World Coins– Royal Australian Mint Commemorates 75th Anniversary of the Sinking of SS Vyner BrookeCoinWeek
New ÂŁ1 coin: Here is when the old round pound stops being legal tendergetwestlondon

all 15 news articlesÂÂ...


Washington Post

Gold coins, million-dollar contracts and the John Wick economy ...
Washington Post
This post discusses plot points from “John Wick” and “John Wick 2.” The “John Wick” flicks are almost universally adored by critics, pulling down RottenÂ...

and moreÂÂ...


The Times of Israel

Palestinian nabbed at crossing with sack of ancient coins
The Times of Israel
The man was crossing from Jordan into the West Bank through the Allenby Bridge last week and was found to be in possession of 53 coins dating from the first century BCE to the 13th century CE, the Defense Ministry's Coordinator of Government Activities ...
Border officials thwart attempt to smuggle dozens of ancient coins into Israeli24news
PHOTOS: Smugglers Apprehended At Allenby Crossing To JordanYeshiva World News

all 4 news articlesÂÂ...

Coin Collecting