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coin collecting
Abhishek Agarwal asked:


One of the most important things to consider when you are getting addicted to coin collecting is that you must know a good way to take care of it. They coins collected might be limited edition ones, or maybe antiques, or even ancient coins, and these coins are from different countries, and have a high value. So, a collector should always have an idea as to how he can take care of the coins.

The best way to do it is to get a set of accessories, which can preserve your coins. These are not only coin accessories, but also make your collection look organized.

When you choose to buy a coin accessory, the most important thing to keep in mind is that the accessory must be able to fulfill what the collector really wants.

There are many coin accessories that can be found online, or in a collectible store. There are some coin accessories that still remain the favorite among collectors:

Coin Boxes

These are one of the most sought after coin accessory, and they make the whole collection process a very convenient one. The various compartments in the box make sure that the coins look presentable. The compartments are very wide, and they provide flexibility while placing the coins. The compartments also assist the collector in handling of coins.

Coin Albums

The coin albums are very similar to the other albums, just that they have a compartment to hold coins, instead of photos. This album has a layer that is transparent, and strong, which helps to preserve the coin. The collector will not have the necessity to handle each coin. Just turning the pages would do.

Coin Holders

The coin holders come in handy for those collectors who keep collecting coins even when they are traveling. In addition to this, the collectors don’t need to carry their entire collection; they can simply place the coin in the holder, and proceed. The coin holder is to help the collector maintain the value of the coin.

There are other coin accessories too. The main purpose of the accessories is to satisfy the needs of the coin collector. The prices of the accessory vary depending on the how durable the accessory is. One needs to research the various coin accessories before they decide to get one for themselves.



BOYD
coin collecting
cheesedips asked:


what coins are good to start out with> anything from the 2000s? please advise
i have a couple 1940s pennies???
whats a wheat cent?

JIMMY
coin collecting
Surag asked:


2 seperate terms.

BRAD

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coin collecting
NiyazK asked:


While it may seem difficult at first, coin collecting is actually a very simple hobby that can get quite interesting at times. Many beginners don’t really know how to start coin collecting because there are so many different currencies and so many ways of categorizing them. On first glance, the only way to start coin collecting is to get every single coin on the planet. However, starting simpler can be done in a matter of minutes.

A very popular way to start coin collecting is by collecting circulated Jefferson nickels. These guys come in 40-coin rolls and can be purchased at $2 apiece from nearly every place that can break a dollar. Start by buying 80 circulated Jefferson nickels. This will cost you a simple $4 to get started. Wash them out, but not too roughly. Sort them by decade, and then by year. Pick out the best one of each year. You’re looking for the one that looks the newest. Whatever’s left is still worth five cents, so you can go ahead and throw it in your wallet if you’d like. It’s not uncommon that collectors go through so many rolls that they end up reinvesting doubles on more rolls. Make a grid for the nickels, and tape each one on. What’s great about Jefferson nickels is that every single year (with the exception of 1943-1945) can be found in circulation.

You can repeat this process for every single type of coin. Obviously, quarters will be more expensive to collect than nickels at face value, and older coins will be rarer than new ones. Whatever your choice, just pick something and go for it. Start with basic things like the date. Then, you can start categorizing by other things, like mint marks, which are marks identifying which mint the coin came from. Different mint marks can end up determining the name of the coin, like Barber Dimes, Bust Quarters, and Shield Nickels. As you can tell, there are many different types of coins that you can start collecting today.

Coin collecting is a very fun hobby that will probably never end because currency is always available. There are people who have collected so many coins that the only ones left cost thousands of dollars. In fact, known as the most valuable coin in the world, a 1933 Saint-Gaudens Gold Double Eagle was sold for $7.5 million US dollars in 2002. The largest coin collection in the world was found in a shipwreck in the Atlantic Ocean; it held over 500,000 gold and silver coins. Discovered in 2007, each coin is worth up to $4,000, and at least a few hundred apiece. No modern era coin collection can match up to that one. That’s guaranteed.



SAMMY

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coin collecting
Abhishek Agarwal asked:


The handbook by the cosmos is one that holds all the needed facts that every numismatist needs, virtually speaking.

The fact is that numismatics books are a basic requirement for all coin collectors as they offer all the essential data in that an accumulator needs to exceed in this kind of hobby.

Almost all expert numismatists propose that every “entrant” in coin collection should purchase a book before she or he purchases a coin. Employing in this activity isn’t just a “finder’s keepers” game. The argument on this particular concept is based on the assumption that coin collection isn’t an average action where people could just grab any type of coin which they see. It’s very important to acknowledge the basic principles of coin collection to appropriately categorize the varieties of coins which are fit for compiling.

Not every coin is worth of collecting, and there is pennies that some may not consider eligible but are actually infrequent and worthy. Nothing of this would happen if a numismatist if he gains information from numismatology books.

For people who wish to purchase books but don’t know what to seek, here is a tilt of the affairs which should be considered while buying:

1. It should give the historical chronicle of the coins

While buying numismatology books, search those that would give you an historical view of the type of coin which you would want to accumulate. For example, if you’re going to gather U.S.A.’s. Coins purchase a book which would tell about the history of those coins.

2. It should give you concrete guidelines in “ranging” coins

It’s necessary for all the numismatists to own a book which provides the information about the sort of appropriate skills needed while “ranging” coins. Ranging is such a crucial skill that every numismatist should acquire the skill if they want to carry on accumulating coins and be eminent performing so.

3. It should give information about the coins in a very broad view

Numismatology books which discuss the different varieties of coins in this globe is a “have must property”. These are particularly helpful to people who don’t have any particular country in their thoughts.

Always, books are the greatest companion of man as history unfolds. Numismatology books worth more than being the friend of the collector, these are considered as treasures in the form they are.



THAD
coin collecting
ayumi83himeji asked:


Let me say that I know next to nothing about coins and so must apologize for my ignorance. Any help is greatly appreciated. Here goes:

A relative passed away and in addition to a few other things, I received a large box (not a collection, per se) of old coins. Keeping in mind that I know nothing, what follows is a list of what seemed interesting to me…a few “highlights”, if you will.

1: 1921 one dollar coin (no other markings…no “S” or “D”)

2: 1897-S one dollar coin

3: 1917-S half dollar

4: 1921-D one dollar coin

I won’t even begin to try and estimate condition. That said, none of them sparkle.

Thanks, everyone.

ARNULFO

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coin collecting
Abhishek Agarwal asked:


Numismatics involves studying banknotes, token coins, stock certificates, medallion and money. It is believed that numismatics was established during the reign of Julius Caesar who also wrote the first book on this subject. This topic is a very interesting one as every coin or medal represents a particular culture, era, politics and economy.

Numismatists are the people who study the over all appearance and history of the currency mentioned above. They should not be confused with coin collectors. Coin collectors, unlike numismatists, only interest themselves in the collection of coins and the related prestige. A numismatist, however, can also be a collector or coins.

Through the years, the popularity of coin collecting has increased immensely. Animals and famous people who depict a certain era are the most popular.

Generally, numismatists are interested in the origins, appearance, production and variety of money. Their aim is to explore the different types of currency and their role in history with the help of mint information. The facility of place where a particular coin was manufactured is called its mint. Numismatists are also involved in the grading or authentication of coins in order to discern their market value. in order to facilitate this, many coin grading systems were established.

At present, there are three third party facilities involved in the authentication of paper money and coins. They are: the NGC or the Numismatic Guaranty corporation, Sarasota, Florida; PMG or Paper Money Grading; and the PCGS or Professional Coins Grading System, Newport Beach, CA.

PCGS was established in the year 1986 and is a third party organization that authenticates and grades coins for commercial purposes. This independent body provides expert opinion on coin rating. NGC, another third party institution established in the year 1987, offers services to numismatists in particular. The PMG, unlike the above mentioned bodies, only authenticates paper money and is a department of the PCGS.

There are a few components used by numismatists in grading coins:

1. Luster- this determines if a particular coin has been in circulation. If a coin is of higher grade, it should be free from all blemishes and imperfections and be technically intact.

2. Surface Preservation. The location and type of abrasion on a coin’s surface is an important factor that determines the coin’s grade. This does not mean that an abrasion lowers the coin’s grade. For instance, if a coin is good looking but has an unnoticeable abrasion at the back, it will not affect the value of the coin. But there is a difference in case the abrasion is located at the focal point or in the front.

3. Strike. Strike is the process of designing a coin where the coin is stamped on a planchet. The strike does not weigh much in the grading.

4. Coloration. A few coin collectors feel that the color of a coin impacts its value to a large extent especially when the coin is made of silver or copper.

5. Aesthetic appeal. There are a few coins that are anything but perfect but a collector might find such a coin valuable or attractive. However, even such coins need to examined before their true value is determined.

If you have absolutely no experience in the grading of coins, it is best you seek the help of experts. Coins are important, not only to people who love the study and collection of coins but also to society as they are representatives of different historic eras. One should always have the basic knowledge required to collect coins.



AARON
coin collecting
ocampobratz asked:


Go to youtube and type “Mario medley piano” and watch the first video and listen to the coins.

TODD

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coin collecting
Tom Lindstrom asked:


If you are a coin fanatic, there are several things you need to understand about coin collecting prices.  Whether you intend on selling your coins or if you are just collecting for a hobby, the prices do affect you.  Because of this, it is important you understand some information pertaining to coin collecting.

The overall coin market is extremely volatile and is thinly capitalized.  Just as with the stock market significant short-term price swings are always possible.  You are never guaranteed a specific profit or loss from any coin or set you own.  What you need to understand is that you are always buying or selling coins at your own risk.

You will find that coin collecting prices are reviewed and updated daily on various sites.  Most sites will have arrows or some kind of indication to show that the prices for a particular coin or set have fluctuated.  In addition, you will typically be able to find the price changes for the previous day, week, month and year.  This allows you to track the progress and see what your coin(s) are doing.

There are numerous web sites you can look at to determine what prices you can sell your coins at and where you can find other coins for bargain prices.  What you need to understand is that these are not guaranteed prices.  As you go to sell a set or a specific coin, you may find that it is much more difficult to get the price you were asking for.

In addition to the internet, there are several different books that are updated annually and released for purchase.  These books vary in the information and statistics they have to offer.  However, any information is better than none.  It can help you determine what the right price to buy at is and what the appropriate starting selling price is.

As with anything in this world, coin collecting prices are constantly going up and down.  Supply and demand certainly factors into the pricing, but there are several other variations and factors that play a role in the pricing.  Everything from its rarity, how new the coin is, if there is a new set coming out soon, or the overall condition it is in can factor into the price.

Because of this, you really have to take coin collecting prices at a day to day basis.  As they fluctuate in pricing every day you will want to adjust how you sell your coins and what coins you purchase.

 



BEAU
coin collecting
Michael M asked:


i have some rare undated 20 pence pieces. Everyone seems to be selling them on ebay, but you cannopt always guarentee a trustworthy transaction. Does anyone know of any coin collectors who would be interested in buying them?

PABLO

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