Feb
26
Which is a better coin for collecting?
Filed Under Hobbies & Crafts | Comments Off
Mr. So Krates asked:
Which would you rather have? This is a gift for my mother who loves coin collecting.
Which would you rather have? This is a gift for my mother who loves coin collecting.
A 2008 bald eagle silver dollar proof: Only ~$44, but only 500,000 are to be produced
A 2008 American buffalo proof coin: ~$160 but no statement of limiting the production
Both are official U.S. coins from the U.S. mint.
JOE
Feb
21
Software for Coin Collecting: the Smarter Way to Collect Coins
Filed Under Collecting | Comments Off
Andri Irawan asked:
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 collectibles.
The solution?
There are programs that are especially created for computer use, commonly known as software. Coin collecting software packages are created by professionals to help those who are having a hard time organizing and tracking their coin collections.
These systems keep classifying, organizing, and cataloging coins at your fingertips while trying to find other coins that a collector might want to add to his personal collection.
Other advantages of these software packages for coin collecting are:
1. Organizer buddy
It is a coin collector’s best friend. Coin collecting software packages are exclusively created to help the hobbyist organize, manage, and track their coins fast and without difficulty. With almost 300 billion coins that were manufactured by the U.S. Mint alone, who could sort through all of these coins to find the ones they would like to own?
2. Statistical reports provider
With these coin collecting software programs the collector to easily record statistical reports about coin collecting for quick references in the future.
3. Provides numerous ways to interpret, view, and access coin collecting data
With software packages, every coin collector can easily view his data in many ways. He can either choose to view the data in tabular form or in virtual form or can modify these tables and generate reports with just one click.
4. Provides easy-to-use templates
Coin collecting software packages are perfect even for the “newbies” in information technology. This is because there are templates that are available at any time for the recording and organization of data. The collector can then just enter the data he needs to log without having to use complicated formulas.
5. Saves more time
With these software packages, the coin collector will be able to save time organizing his coin records, leaving ample time for other activities. This means spending less time organizing and managing coins and more time for enjoying the hobby.
The tedious job of keeping a systematic record is sometimes the main reason some coin collectors give up the hobby, and why employing such tools will make coin collecting more enjoyable.
Using computer technology is the better way to make coin collecting easier.
STACY
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 collectibles.
The solution?
There are programs that are especially created for computer use, commonly known as software. Coin collecting software packages are created by professionals to help those who are having a hard time organizing and tracking their coin collections.
These systems keep classifying, organizing, and cataloging coins at your fingertips while trying to find other coins that a collector might want to add to his personal collection.
Other advantages of these software packages for coin collecting are:
1. Organizer buddy
It is a coin collector’s best friend. Coin collecting software packages are exclusively created to help the hobbyist organize, manage, and track their coins fast and without difficulty. With almost 300 billion coins that were manufactured by the U.S. Mint alone, who could sort through all of these coins to find the ones they would like to own?
2. Statistical reports provider
With these coin collecting software programs the collector to easily record statistical reports about coin collecting for quick references in the future.
3. Provides numerous ways to interpret, view, and access coin collecting data
With software packages, every coin collector can easily view his data in many ways. He can either choose to view the data in tabular form or in virtual form or can modify these tables and generate reports with just one click.
4. Provides easy-to-use templates
Coin collecting software packages are perfect even for the “newbies” in information technology. This is because there are templates that are available at any time for the recording and organization of data. The collector can then just enter the data he needs to log without having to use complicated formulas.
5. Saves more time
With these software packages, the coin collector will be able to save time organizing his coin records, leaving ample time for other activities. This means spending less time organizing and managing coins and more time for enjoying the hobby.
The tedious job of keeping a systematic record is sometimes the main reason some coin collectors give up the hobby, and why employing such tools will make coin collecting more enjoyable.
Using computer technology is the better way to make coin collecting easier.
STACY
Feb
18
Why Coin Collecting is Very Interesting as a Hobby
Filed Under Hobbies | Comments Off
Muna wa Wanjiru asked:
Coin Collecting is fun for all ages. In a nutshell, a coin is a disc shaped piece of hard metal, issued by the governing bodies as a form of money transaction. Coins have been an integral part of money transacton for centuries now .In ancient times coins of all kinds were used as the primary form of currency. Coins such as Gold coins Silver coins even Platinum coins have been a very played a very prominent part in money transactions during medieval period.
As a collectors piece, coins are assessed of their value by their rarity their historical significance their condition and their demand with collectors.Coins Collecting is a very interesting hobby ,some collect coins as a hobby and some for business interests .Some collect coins for their genuine keenness to own a rare piece and some collect coins as a form of investment or for business purposes.
Collecting coins is a form of accumulating or say dealing of coins .Coins which are most recurrently collected are rare pieces which were in circulation for a very brief period before they disappeared,or coins which were minted with some kind of error ,collecting coins can also be collecting of very rare magnificent coins which date back to centuries and hold high value historically.
Collecting of coins has been a hobby for many centuries, then hobby of Kings and Aristocrats, collecting coins then was merely by choice and curiosity for rare art. Modern coin collecting began somewhere in the 14th century , the beginner being Poet Petrarch an Italian scholar is believed to own some of the finest coins ever found in history.
In Aug 1962 the first time ever international convention of coin collection was organized by the American Numismatic Association and the Canadian Numismatic Association. Collecting of coins usually begins by collecting and saving coins which you have received in circulation, but saved the coin as its unusual appearance caught your interest.
Coin collection can begin as a memory of an international trip , or by chance you receiving a very old coin in circulation. His occasional hobby of coin collecting can lead to becoming a very expensive hobby too, as sometimes rare beautiful pieces which catch you interest ca be priced at a very high value. On the contrary this hobby of coin collection can also in the bargain get you rich rewards in exchange for a historical coin which you managed to get your hands on.
People like Louis Eliasberg is a well known collector who is the only man who managed to collect a complete set of well know United States coins.
In Coin Collection the condition, the rarity of the coin is vital to place a value on it.
Coin collecting can become a very aggressive activity, as coin collectors keep thriving for collecting some of the most rare most unique and historical coin .Coin collecting can be of various kinds some are interested in collecting coins belonging to a particular nation ,some like collecting coins of various nations ,some are interested in coins only with historical significance where as there are collectors whose interest lie o error coins too.
While coin collecting as a hobby ca be very interesting, those who collect coins for business purposes have to have well enough knowledge in this field.
Coin Collecting - give it a try!
PERCY
Coin Collecting is fun for all ages. In a nutshell, a coin is a disc shaped piece of hard metal, issued by the governing bodies as a form of money transaction. Coins have been an integral part of money transacton for centuries now .In ancient times coins of all kinds were used as the primary form of currency. Coins such as Gold coins Silver coins even Platinum coins have been a very played a very prominent part in money transactions during medieval period.
As a collectors piece, coins are assessed of their value by their rarity their historical significance their condition and their demand with collectors.Coins Collecting is a very interesting hobby ,some collect coins as a hobby and some for business interests .Some collect coins for their genuine keenness to own a rare piece and some collect coins as a form of investment or for business purposes.
Collecting coins is a form of accumulating or say dealing of coins .Coins which are most recurrently collected are rare pieces which were in circulation for a very brief period before they disappeared,or coins which were minted with some kind of error ,collecting coins can also be collecting of very rare magnificent coins which date back to centuries and hold high value historically.
Collecting of coins has been a hobby for many centuries, then hobby of Kings and Aristocrats, collecting coins then was merely by choice and curiosity for rare art. Modern coin collecting began somewhere in the 14th century , the beginner being Poet Petrarch an Italian scholar is believed to own some of the finest coins ever found in history.
In Aug 1962 the first time ever international convention of coin collection was organized by the American Numismatic Association and the Canadian Numismatic Association. Collecting of coins usually begins by collecting and saving coins which you have received in circulation, but saved the coin as its unusual appearance caught your interest.
Coin collection can begin as a memory of an international trip , or by chance you receiving a very old coin in circulation. His occasional hobby of coin collecting can lead to becoming a very expensive hobby too, as sometimes rare beautiful pieces which catch you interest ca be priced at a very high value. On the contrary this hobby of coin collection can also in the bargain get you rich rewards in exchange for a historical coin which you managed to get your hands on.
People like Louis Eliasberg is a well known collector who is the only man who managed to collect a complete set of well know United States coins.
In Coin Collection the condition, the rarity of the coin is vital to place a value on it.
Coin collecting can become a very aggressive activity, as coin collectors keep thriving for collecting some of the most rare most unique and historical coin .Coin collecting can be of various kinds some are interested in collecting coins belonging to a particular nation ,some like collecting coins of various nations ,some are interested in coins only with historical significance where as there are collectors whose interest lie o error coins too.
While coin collecting as a hobby ca be very interesting, those who collect coins for business purposes have to have well enough knowledge in this field.
Coin Collecting - give it a try!
PERCY
Feb
14
Coin Collecting- Tips For Beginners
Filed Under Collecting | Comments Off
Abhishek Agarwal asked:
Are you interested in pursuing the hobby of coin collecting? If so, then you are not the only one. There are many reasons as to why coin collecting is such a popular hobby and one is because it is not a very easy task. So, if you wish to make your own collection of coins as a hobby or if you wish to do so in order to reap profits at a later date, there are many factors that you must keep in mind.
Research is the foremost factor that you should take into consideration while coin collecting. There is no end to the amount of research you can do and you can never do enough research. The most successful collectors of coins in the world are the people who took the time out to research and explore the entire arena of coin collection. The different subjects related to coin collecting that you should research on include types of coins, history of coins, recommended supplies for coin collection, coin values and more.
If you are a beginner, the best thing for you to do is collect as many coins as you possibly can. Try saving all the coins that you come across so that you can examine them in detail later on. This approach works for most beginners as many of them are not aware of the value of their coins, especially if the coin has not been examined thoroughly. While following this method, it will not take a long time to develop a rather large collection of such coins. At this point, all coin collectors should conduct an examination of their coins and separate out the valuable ones from the others. From this point, with some experience, coin collectors should slowly change their collecting habits.
Once a sufficiently large collection has been gathered, with the first set of coins closely examined and sorted, the important thing to consider is storage. Unfortunately, there are many beginners who commit big mistakes while storing their coins. Many collectors simply put their coins into a box or jar. Although such a casing is enough for storage of coins, it can also result in irreparable damage. If you own coins that are rare or high in value, chances are their value will increase with time, and so it is important to take proper care of them. Normally, it is not recommended to store coins in coin holders for a long time. They are alright for display but should not be used for storing. For storage, it is best to use a coin album or a coin folder.
Another important factor for developing a coin collection is knowing what you are buying. Whether you are collecting as a hobbyists for as an investment, it is always good to have enough information regarding your purchase. All coin collectors wish to gather valuable or rare coins and the only way to get your hands on such coins is through purchase. Almost all professional coin dealers will have a good understanding and view of the worth of their coins. Therefore, there is not much danger of scamming, although it is always better to examine the value and condition of a coin before making any decision. If a coin costs more than twenty dollars, research it.
Apart from coin dealers, the internet is a viable source from which to purchase coins, especially through auction websites. If you are a beginner, you could not ask for a better facility. You will be surprised by what you find. There are a number of renowned coin collectors who sold their entire collection online. As stated before, caution is of utmost necessity while purchasing. There are many people who, unlike dealers, do not know the full value of the coin they are selling. This could result in the over estimation of the worth of a coin. If you have not done enough research and do not have sufficient information, you could end up paying more than you should.
LUCIANO
Are you interested in pursuing the hobby of coin collecting? If so, then you are not the only one. There are many reasons as to why coin collecting is such a popular hobby and one is because it is not a very easy task. So, if you wish to make your own collection of coins as a hobby or if you wish to do so in order to reap profits at a later date, there are many factors that you must keep in mind.
Research is the foremost factor that you should take into consideration while coin collecting. There is no end to the amount of research you can do and you can never do enough research. The most successful collectors of coins in the world are the people who took the time out to research and explore the entire arena of coin collection. The different subjects related to coin collecting that you should research on include types of coins, history of coins, recommended supplies for coin collection, coin values and more.
If you are a beginner, the best thing for you to do is collect as many coins as you possibly can. Try saving all the coins that you come across so that you can examine them in detail later on. This approach works for most beginners as many of them are not aware of the value of their coins, especially if the coin has not been examined thoroughly. While following this method, it will not take a long time to develop a rather large collection of such coins. At this point, all coin collectors should conduct an examination of their coins and separate out the valuable ones from the others. From this point, with some experience, coin collectors should slowly change their collecting habits.
Once a sufficiently large collection has been gathered, with the first set of coins closely examined and sorted, the important thing to consider is storage. Unfortunately, there are many beginners who commit big mistakes while storing their coins. Many collectors simply put their coins into a box or jar. Although such a casing is enough for storage of coins, it can also result in irreparable damage. If you own coins that are rare or high in value, chances are their value will increase with time, and so it is important to take proper care of them. Normally, it is not recommended to store coins in coin holders for a long time. They are alright for display but should not be used for storing. For storage, it is best to use a coin album or a coin folder.
Another important factor for developing a coin collection is knowing what you are buying. Whether you are collecting as a hobbyists for as an investment, it is always good to have enough information regarding your purchase. All coin collectors wish to gather valuable or rare coins and the only way to get your hands on such coins is through purchase. Almost all professional coin dealers will have a good understanding and view of the worth of their coins. Therefore, there is not much danger of scamming, although it is always better to examine the value and condition of a coin before making any decision. If a coin costs more than twenty dollars, research it.
Apart from coin dealers, the internet is a viable source from which to purchase coins, especially through auction websites. If you are a beginner, you could not ask for a better facility. You will be surprised by what you find. There are a number of renowned coin collectors who sold their entire collection online. As stated before, caution is of utmost necessity while purchasing. There are many people who, unlike dealers, do not know the full value of the coin they are selling. This could result in the over estimation of the worth of a coin. If you have not done enough research and do not have sufficient information, you could end up paying more than you should.
LUCIANO
Feb
11
I have a coin collection that I know nothing about. How can I find someone I can trust to help me value it?
Filed Under Hobbies & Crafts | Comments Off
Philly asked:
I have 85 lbs of old coins not in any catalog or protection. My grandmother left them to me and I do not know how to value them even with the books I have bought about coin collecting. How can I find someone that is trustworthy to look and value these coins for me? The face value is about $800 of coins. I took them to a coin dealer here and he offered me a little over $2000.00 for all the coins but I hesitated because I am unsure if there may certain coins that might have significant value and he not tell me. I live in central VA. I welcome suggestions. Thank you!
WALTER
I have 85 lbs of old coins not in any catalog or protection. My grandmother left them to me and I do not know how to value them even with the books I have bought about coin collecting. How can I find someone that is trustworthy to look and value these coins for me? The face value is about $800 of coins. I took them to a coin dealer here and he offered me a little over $2000.00 for all the coins but I hesitated because I am unsure if there may certain coins that might have significant value and he not tell me. I live in central VA. I welcome suggestions. Thank you!
WALTER
Feb
11
coin collecting.can you safely clean a finger print off proof coin?
Filed Under Hobbies & Crafts | Comments Off
jereid45 asked:
bought a proof set on ebay. fool had opened capsule and touched gold coin leaving a finger print. anything i can do to remove it without marring surface.
JACKSON
bought a proof set on ebay. fool had opened capsule and touched gold coin leaving a finger print. anything i can do to remove it without marring surface.
JACKSON
Feb
10
Is coin collecting a good investment?
Filed Under Investing | Comments Off
Jasmine asked:
If I collect U.S. gold and silver coins would you say that its a good investment or is it too risky and not worth spending so much money on?
DANIAL
If I collect U.S. gold and silver coins would you say that its a good investment or is it too risky and not worth spending so much money on?
DANIAL
Feb
9
How can I start coin collecting?
Filed Under Hobbies & Crafts | Comments Off
Sam J asked:
I thinking of starting but don’t know how
CORNELL
I thinking of starting but don’t know how
CORNELL
Feb
8
i need help with coin collecting and values and such?
Filed Under Hobbies & Crafts | Comments Off
Lost Paradise asked:
Okay ythis is the deal i have a 1969 s- lincoln penny and i want to know how i can really tell if it’s a double die obverse?
And second how do i go about putting it in an auction for coin collectors?
Would i need to pay someone to see if it’s legit or not?
RUBEN
Okay ythis is the deal i have a 1969 s- lincoln penny and i want to know how i can really tell if it’s a double die obverse?
And second how do i go about putting it in an auction for coin collectors?
Would i need to pay someone to see if it’s legit or not?
RUBEN
Feb
8
Basics of Coin Collecting
Filed Under Business | Comments Off
Christian Okoye asked:
Coin collecting is different from money hoarding. Collecting coins as an art form can be traced back to the 14th century. Today, people all over the world are collecting coins. Some collect it for their value, some just like the sheer fun that they get from getting their hands on different coins.
Coin collecting is said to be the “Hobby of the Kings.”
If one is interested in making coin collecting a hobby, he can very well do so. It is a hobby which does not require a certain skill and it can be done by almost everyone.
There are many different kinds of coin collectors.among which are:
Those that do Informal coin collecting
Most coin collectors, especially the children, start out as informal coin collectors. They are laid-back collectors which do not have a specific goal in collecting coins. They might collect coins from different countries or from different time periods without any intention of being serious about it.
Inquisitive coin collecting
Once the informal coin collector starts noticing the details of the coins, he becomes an inquisitive coin collector. This kind of coin collector won’t bother much into spending money to get coins. He merely wants to appreciate the coins. Soon, he will start to put them in containers or albums.
Advanced coin collecting
An advanced coin collector will collect coins with a specific target in mind. He may want to collect coins from a certain nation, or a certain time period.
There are many tracks which coin collectors pursue when engaging in their hobby. Here are some of the ways one can use in collecting coins:
Coin collection according to nation
Many coin collectors would want to collect coins from a certain nation during a certain period of time. This kind of coin collection lets the collector travel the globe through the coins. People may want to collect coins from countries they had visited.
Historical coin collection
Another way of collecting coins is by taking in mind history. Many coin collectors engage in collecting coins during a certain period in history like wars or declarations of independence.
Error coins
There are people who find collecting coins with errors exciting because these kinds of coins are rare nowadays.
There are many ways to collect coins and each way is as fun as the other. One must feel the hobby first before he decides whether to stick with it or not. Coin collecting can require certain amounts of money and the collector must be wise in engaging in such a hobby.At lest to ensure you know what your doing.
LINDSEY
Coin collecting is different from money hoarding. Collecting coins as an art form can be traced back to the 14th century. Today, people all over the world are collecting coins. Some collect it for their value, some just like the sheer fun that they get from getting their hands on different coins.
Coin collecting is said to be the “Hobby of the Kings.”
If one is interested in making coin collecting a hobby, he can very well do so. It is a hobby which does not require a certain skill and it can be done by almost everyone.
There are many different kinds of coin collectors.among which are:
Those that do Informal coin collecting
Most coin collectors, especially the children, start out as informal coin collectors. They are laid-back collectors which do not have a specific goal in collecting coins. They might collect coins from different countries or from different time periods without any intention of being serious about it.
Inquisitive coin collecting
Once the informal coin collector starts noticing the details of the coins, he becomes an inquisitive coin collector. This kind of coin collector won’t bother much into spending money to get coins. He merely wants to appreciate the coins. Soon, he will start to put them in containers or albums.
Advanced coin collecting
An advanced coin collector will collect coins with a specific target in mind. He may want to collect coins from a certain nation, or a certain time period.
There are many tracks which coin collectors pursue when engaging in their hobby. Here are some of the ways one can use in collecting coins:
Coin collection according to nation
Many coin collectors would want to collect coins from a certain nation during a certain period of time. This kind of coin collection lets the collector travel the globe through the coins. People may want to collect coins from countries they had visited.
Historical coin collection
Another way of collecting coins is by taking in mind history. Many coin collectors engage in collecting coins during a certain period in history like wars or declarations of independence.
Error coins
There are people who find collecting coins with errors exciting because these kinds of coins are rare nowadays.
There are many ways to collect coins and each way is as fun as the other. One must feel the hobby first before he decides whether to stick with it or not. Coin collecting can require certain amounts of money and the collector must be wise in engaging in such a hobby.At lest to ensure you know what your doing.
LINDSEY