Coin Collecting

A Coin Is Worth More Than A Coin

Bonsai Gardening Secrets.
Discover Over 95 Pages Of Insider Secrets To Creating Stunning Bonsai Trees... (more)
Organic Profits.
How To Make Money With Organic Gardening.... (more)
Getting Started In Hydroponics Expert Tips Plans & Secrets
Gardening Cooking And Survival Websites This Is A Moneymaker The Ultimate C... (more)
Do U skaDoogle?
Coin collectors, old and new, have always wondered whether the coin or coins they have in their possession are worth more than the face value today - or in the foreseeable future.

Even though that a coin which has little or no value monetarily is not necessarily one would not keep or make part of one’s coin collection.

The following are basic factors which could influence a coin’s value.

How rare or un-rare is it?

Generally, the concept that everyone knows and follows is this: the rarer a coin the higher the coin’s worth. This rule is true in some cases and – fortunately or unfortunately – false on the others.

There was a situation where a Chinese coin, a thousand years old, sold for only a few of dollars because there were many of the thousand-year-old Chinese available. Compare this to a coin made only in 1913, a nickel specifically called a Liberty Head, which could sell for (hold your breath) one million dollars! It is known that only five of these coins exist, consequently the enormous monetary value.

Is the coin in good condition?

The better the condition of the coin, the better the price that it would bring on the market, because the grade of the coin would match its condition. A coin that is in mint condition - add to this that it is basically an uncirculated coin – is actually worth one hundred times more than a similar coin that is just in average circulated condition.

Demand and supply

Sometimes, when the demand for a specific coin is high, that coin’s worth – despite the number of them available – is just as high. Take the example of the coin dated 1916-D, and compare it to the value of a coin dated 1798. Many people prefer to collect coins of the 20th century rather than those that are from the 1700’s. The 1916-D dimes sell higher than the much older 1798 coins. The fact that there are more (approximately four hundred thousand) 1916-D coins than there are dimes from the year 1798 (only about thirty thousand), does little to affect the price of each.

It is best to have a professional coin dealer grade the coin(s) and determine the value of any coin(s) you may own. Who knows, it could be worth more (or less) than what you think.

Articles compliments of skaDoogle

Browse Our Information Mall
Do U skaDoogle?!

Coin Collecting

Other Interesting Articles

How To Grade Your Coins

A "grade" is described as a shorthand designed by coin experts (numismatists) to reveal a coin’s appearance. Simply put, if a certain coin collector tells another collector that he owns an uncirculated Charlotte 50 half eagle, both should already have a concept of the coins appearance without even seeing it, because of the claim of its g... [Read more]

Joining A Coin Club

People engage in social activities for many reasons; most common is sharing in the same interest and passion as other people. It is in places like these that information about a certain subject is shared and new ideas and trends are revealed that keep its members up to date with current events that happen in that ... [Read more]

Software For Coin Collecting: The Smarter Way To Collect Coins

It is a common coin collecting problem: too many coins, not enough information on what kinds of coins to collect, or a disorganized group of collecti... [Read more]

Handling Your Collection.

When it comes to collectable coins, the less they get handled, the better. They’re best kept in a coin holder, with as little contact as possible. The better the quality of the coins, the more important it is to handle them prop... [Read more]

How To Detect Counterfeit Coins

A special machine does the stamping of coins to make them genuine. People who counterfeit coins are well trained and have the capacity to manipulate their duplication - especially those rare coins which have high value among collectors. The most common procedure used in counterfeiting is that they pour a liquid metal into molds that will leave die marks with cracking on the counterfeit ... [Read more]

 Watch Videos on "Hobby"

Daily Mail

Eric the foul-mouthed cockatoo flicks coins out of a money jar
Daily Mail
Unfortunately, viewers don't get to see the scary fish as Eric stops throwing coins and turns to his male owner, Lester, calling himself a 'good bird.' 'Don't go suck up to him because you made this mess and now I've got to go clean it up,' Ms Curle said.

Pacific Standard

Flipping Coins to Find the Truth
Pacific Standard
Rather than have people answer directly whether they support voter ID laws, for example, first have them flip a coin in private, then answer "yes" if they support voter ID laws or if the coin flip came up heads. Since it's a fair coin toss, researchers ...

Yahoo News

Turkey arrests six over 'minting coins for IS'
Yahoo News
Istanbul (AFP) - Turkish authorities on Wednesday arrested six suspected members of the Islamic State (IS) extremist group on suspicion of trying to illegally mint coins for use in areas controlled by the extremists in Syria. Police in the southeastern ...
6 linked to ISIL arrested on charges of minting coins in Gaziantep provinceToday's Zaman
ISIL mint used to produce coins uncovered in Turkey's GaziantepBGN NEWS
Share via e-mailDaily Sabah
Sputnik International
all 11 news articlesÂÂ...

Sevier News Messenger

Mountain Mall Wishing Well Coins to Aid Sevier County Veterans
Sevier News Messenger
Have you ever wondered what becomes of those coins tossed upon a wish into the wishing well at the Mountain Mall? They are going to help veterans in the local community. The Mountain Mall of Gatlinburg donated 25 five-gallon buckets of coins from theirÂ...

Coin Collecting