aarmale@ymail.com asked:


I want to start an ancient hebrew coin collection, but im looking for the cheapest coin i can find. Prutot seem like the best option, but they can still Be rather expensive.

LEWIS

Tom Lindstrom asked:


Whether you are a novice or an expert at coin collecting, you can truly benefit from purchasing some kind of software.  There are numerous benefits to having software to work with including organization, inventories, and coin related links.  Here are five things to look for with legitimate coin collecting software.

1. Managing data

Perhaps the number one reason why you will want to purchase coin collecting software is to help you manage your data.  It can become overwhelming trying to keep up with the numerous statistics and features that come with your collection.  Having software that can organize all of this data in one system can be extremely helpful.

2. Built in coin inventory

Many of the commercially available software will have built in coin inventories for you to take advantage of.  This will allow you to keep an eye on modern, ancient and medieval coins.  In addition, many of these programs are capable of organizing existing web resources and coin links so that you can keep up to date on recent coin values that are updated frequently.

3. Coin glossary and dictionary

If you are a coin collecting expert, having a glossary and dictionary specifically for coins is probably not all that important.  However, it certainly cannot hurt.  But if you are a novice, it is important you understand all of the terminology and wording that is used within the coin industry.

4. Reports and summaries

In addition to managing your data, you will also want to be able to write reports and summaries regarding your coins and coins that you may want to purchase.  It is important your coin collecting software has some type of feature or program that will allow you to write reports and keep summaries of numerous things.

5. Readymade templates

The last feature that you will want to look for with coin collecting software is readymade templates.  Although this is not at the top of the list for things to look for, it can certainly make life easier on you as you attempt to keep track of your collection efficiently.

The market is filled with different coin collection software you can purchase.  It can be difficult deciphering one from the next making it all the more important you take the tips listed in this article into consideration.  Look for software that will allow you to write reports and summaries, manage your date, and has a built in coin inventory.



RONNY

lyong222 asked:


I have a 1987 US proof set for sale and on Ebay a few mention deep cameo contrast and those sell for a little more. How do I tell if mine are like that?

IVAN

DARKKNIGHT asked:


what is the best coin 2 collect this year….the lincoln silver dollar or the braille silver dollar?????

and what is a better coin grading company…PCGS OR NGC ???…PLEASE ANSWER

MARIO

Bradlley Mckoy asked:


Wondering what to give your child on his next birthday? Give him a gatefold spread that can accommodate up to 50 coins. He may not appreciate the coins, but telling him stories about the coin and how it was made can spark his interest. For each birthday give him the coins minted that year. His collection will grow and so will his interest and by that time, he will be an accomplished numismatist.

History Lessons and Saving Money

The ideal age to start a child on a coin collecting hobby is at six years old. Imagine the number of coins he can amass when he reaches adulthood! But there’s more than just introducing him to coin collecting. You can use this exercise to teach him how to save his pennies in a coin bank plus pique his interest in the country’s history when you start with local coins.

Since you may not have those very old and valuable coins dating back to the 1800s, get a book on coin collecting and show him the pictures of the coins. Add a story or two depicting the era that’ll make any child sit up and listen. Stories add value to the coin collecting hobby and expect your child to be an expert in historical epochs.

If someone gives your child a bag of coins, take out each coin and sort them. Teach your child how to do the sorting. As you go along, tell him a little history on each coin. Probably the bag of coins will yield recent mints so it won’t be hard for you to tell the coin’s story.

If you have saved all the coins circulating in the year of your child’s birth, that would be the best introduction to a lifelong of coin collecting for your child. Help him along with the collection. Learn the tricks yourself so you can teach your child how to collect, clean, and store the coins.

Starting the Hobby

For starters, get magazines on coin collecting, a pair of white gloves, magnifying glasses, and coin albums or folders. Start scouting for coins and learn all about the discontinued coins like the 1965 quarters, dimes, and half-dollars. Subscribe to coin collecting magazines and check out the websites on coin collecting. You’ll be amazed at the wealth of information you can collect and pass on to your child.

Using a magnifying glass to see the fine lines and the details of a coin is an exciting experience for a child. Make sure you are ready to give the information your child may need. Or if you don’t know the answer, you can make it your project to find out online.

Because this is just a starting point for you and your child, don’t buy expensive coins and if you find some dirty old coins, don’t attempt to clean it. Find out its composition and the appropriate way to clean it. You can get help from several websites specializing in coin collection.

Tips for Coin Hunting

This is not referring to a treasure hunt. You can do your hunting online. However, coin collecting is an expensive hobby if you want the rarer and more prized coins. In the meantime, make do with what is available and always get your hands on new mints. Tell your friends you’re helping your child start a coin collecting hobby but be prepared for the avalanche of coins that will start pouring in.

In the future, when he coin collecting bug bites you real hard, you’ll be running after a metal detector to clean out your yard and your grandfather’s house. The hobby meant for your child will be yours too.



JACKIE

A A asked:


I work in a retail store. It’s often slow and I sift through the coins looking for something interesting. I don’t knwo the first thing about coins but by dumb luck recently came across a 1909 VDP penny.

When my store is slow I look through the coins. Are there any particular years that tend to be valuable I should be on the lookout for? Any other advice would be helpful?

BRADLEY

Borge Nielsen asked:


Grading Coins - Coin Collecting Values

It is not always easy to grade coins on a consistent basis, often it takes a lot of expertise and experience. For neophytes, determining the grades can be done by studying and following a set of industry guidelines, like the American Numismatic Association’s 0-70 point numeric system, which is commonly utilized for assigning the grade of a coin.

The main objective of grading coins is to exactly determine what the coin’s market value is, and how well the coin was originally struck, or how effectively it was preserved since the original date of its minting. Determining a coin’s condition is vital, because after a coin’s rarity and demand, the grade is the next vital factor in assessing the coin’s value. Veteran coin collectors and numismatic experts note that the higher the coin’s grade, the greater would its value be. However, there may be some exceptions to this definition, so some coin collectors have devised different systems of determining a coin’s overall condition.

A coin’s condition is usually verified or summed up by its grade. Certain characteristics of a coin influence its grade. For instance, surface condition, strike, eye appeal and luster are factors that figure in a coin’s overall grade. If any of these qualities are lacking, the grade as well as the value of the coin is reduced. Often, the differences in quality among coins may be quite subtle, and it may also be tough to notice the quirks, which often will require a trained eye to analyze and grade the coin. Even expert graders assign slightly different grades to the same coin, and leave the final grade in the hands of the collector’s or trader’s opinion.

The 70-Point Grading Scale is a system used to exactly determine a coin’s state. The grades are usually assigned at key points in the scale, with P-1 or poor as the lowest and MS-70, or Mint State Perfect as the highest rank given for a very good-quality coin. Among the notable things to remember when using this system are the terms “Uncirculated”, which refers to the highest grade given to a coin deemed to be in its mint state. A grade of 60 is viewed as the lowest grade given to an uncirculated or proof coin, which offers no trace of wear but may show a few contact marks or spots and dullness in its surface. In the 70-Point Grading Scale, an uncirculated coin that has a grade of 70 is often viewed to be in perfect condition, showing no evidence of wear and tear, scratches, or contact with other coins.

Another terms such as “Choice About Uncirculated” or AU-55, refer to a coin that has less trace wear on only the highest points of the design, does not show any significant defects and retains most of its luster. “About Uncirculated” or AU-55, refers to coins that have at least half of the original mint luster but show trace wear on most of the highest areas of the design. “Extremely Fine” or EF-40 refers to coins that have noticeable wear but still contain most of its sharp features. In the 70-Point Grading Scale, a coin’s grades may vary, from “Very Fine”, “Fine”, “Very Good” and “Good” to “About Good”.

However, whenever a significant of difference is noted between a coin’s two sides, a split grade usually is assigned to it. Coin experts say that split grades are indicated by a “/” between the grade. For instance, “AU/EF” would mean that one side is AU and the reverse side is EF.

Herman Klein is a coin collecting expert. For more great information on grading coins be sure to visit http://www.coincollectingstartshere.com.



JOSE

Living In Korea asked:


I would like to learn -

When mailing a U.S. Coin (dated after 1964), would wrapping it in newspaper (for padding/packaging) damage the Coin when mailing to another person?

I would appreciate knowledgeable answers. Thank you.

THURMAN

Cali asked:


I am getting into coin collecting and am thinking of spending around $500, could be a little more could be a little less. What is a good coin to get in that price range that is old and is almost guaranteed to raise in value.

MARIO

xen05z asked:


I recently began collecting coins, and I remember last time I read somewhere that coins began to have some reaction and they change color. The pictures shown consisted of some shiny colorful coins (like the rainbow car fluid on the ground), shiny red, and some others. I can’t find the site. Do these really have higher values? Because I went to http://www.mycoincollecting.com/ and they say that most dealers pay more for ___uncirculated__ coins…

SAMMY