Coin Collecting

The Verity Of US Coin Collecting


Some people are born to love money; whether they spend it or just collect it, they are simply born to love the way money provides them the kind of gratification that they need.

For example those people who are coin collectors simply love the sight of coins and many wish to display their collections as art.

In the United States, coin collecting started as early as 1652. During this period, business people and individuals alike, were known to engrave and distribute their personal coins.

Some people are so interested in coin collecting that they are more willing to combine various forms and categories. The reason for this fascination for these coins is the very nature of U.S. coins.

The U.S. Mint carefully crafts U.S coins and over the past 30 years it has minted nearly 300 billion coins.

When the Articles of Confederation gave consent for the different states to create or manufacture their own coins, the U.S. coin collections grew at an unparalleled rate. That is why in the middle of 1780's, states like Connecticut, Vermont, New Jersey, New York, and Massachusetts started creating various coins unique to their states. This prompted the start of "rare coin collection."

To know more about U.S. coin collecting, here are some of the basic facts that you must know:

1. It was on 1787 that the primary "federally" approved coin of the U.S. was first made. It was in New Haven, Connecticut where the "Fugio Cent," the name of the coin, was secretly manufactured.

2. The U.S. Mint is responsible for manufacturing the U.S. coins. The agency uses bands of metal that are rolled into loops, with the right breadth and measurements. Each kind of coin uses a particular kind of metal. For instance, metal strips that are made of zinc are used to manufacture pennies, while nickels are made of a 25% "nickel metal alloy" and 75% copper.

For this reason, U.S. coin collecting is further subdivided into categories such as the U.S cent, U.S. nickel, U.S. dime, etc.

People who would like to start collecting U.S. coins, should learn the intricacies or the hobby and find ways to acquire their first coins.

The hobby of U.S. coin collecting is not just a wonderful hobby but also a great way to preserve the nation's culture and history.

Articles compliments of skaDoogle

Browse Our Information Mall

Coin Collecting


Other Interesting Articles

Wanna Start On Collecting Coins? A Worthwhile And Educational Hobby

There are many reasons why one collects coins. There are collectors who collect on the basis of the coinís future perceived value, some collect coins coming from just one particular period, some on metal type and some for a coins historical v... [Read more]

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]

Starting Your Collection

Collecting coins as a hobby is fun and easy. You just look through your change everyday and pick out the ones that interest you. Or the ones that are different or un... [Read more]

Collecting Those Quarters

Collecting coins is a hobby that anyone and everyone could do. But collecting quarters is a hobby that - currently Ė it is estimated that one hundred six million Americans do. Men, women, and children of all ages are involved in collecting quar... [Read more]

Common Coin Collecting

Coin collecting used to be a hobby for the rich. They were the only ones that were able to consider coins art. Everyone else had to use their coins to buy food, clothes and other essentials of ... [Read more]


 Watch Videos on "Hobby"


Classic US Coins‚Äď Building a Set of Buffalo Nickels at Very Low Cost
CoinWeek
With more than two dozen dates costing less than $20 each and a half-dozen costing less than $2 each, a set of Very Fine to Extremely Fine grade 'Normal Date' Buffalo nickels can be completed without spending more than $350 on any one coin. Overdates ...



Inverse

'Call of Duty' Developer Honors an Awesome Military Tradition
Inverse
Challenge Coins originated within the U.S. military, allegedly with one particularly heroic Air Force pilot that credits the coin with saving his life. The coin itself indicates membership in a particular unit or branch of the military, but different ...



St. Augustine Record

Gold coins found in Salvation Army holiday kettle in Florida
St. Augustine Record
The Salvation Army of Broward County said two of the coins were discovered Wednesday. Another one was found Nov. 27. Officials said all the coins were wrapped in dollar bills. Each coin is worth a little more than $1,300. Alyse Gossman, the Salvation ...
Secret Santa donates coins worth $1500 to Salvation ArmyWSVN 7News | Miami News, Weather, Sports | Fort Lauderdale
2 rare gold coins donated to Salvation Army's Red Kettle CampaignWPLG Local 10
Mystery donor again drops gold pesos into Salvation Army's Red KettleSun Sentinel
CBS Miami¬-My Twin Tiers.com
all 182 news articles¬¬...


Numismatic News

Central Asian coins topic of book
Numismatic News
No comprehensive catalog or detailed study covering all Central Asian coins exists so far. Contrary to most other coin issues of the 17th and 18th centuries, the pre-modern coinage of Central Asia has been rather poorly documented, insufficiently ...


Coin Collecting