Dec
5
Filed Under Home And Family | Comments Off
Tim Anderson asked:
g a coin collector there are a few things to think about. The first thing is mapping out the coins and caring for them. There are coins that could be old, antiques, from other countries, or limited valuables. A numismatist must make sure to take good care of the coins so they can be kept in good condition.
A good approach to taking care of coins is to buy some coin accessories. Not only are the coin accessories going to keep the coins in good condition, but it will help preserve them. Also, you will never have to shuffle through for a coin that you need at the moment, because your coin collection will be organized in any way that you want. In order to buy coin accessories that will fit the coin collector’s needs, some elements to look at may be durability, price and their service. When buying coin accessories it is important to choose those accessories that will best satisfy the needs of the collector. Some factors that may be considered are durability, price and utility. There are numerous coin accessories that you may find in collectible stores and on the internet. Here are some that you may want to look at:
Coin Boxes
Coin boxes are most used within the category of coin accessories because they serve a good purpose to coin collectors and specialists. It is easy to organize coins because it offers many slots and are wide enough to handle every kind of coin there is.
Coin Albums
Just like a photo album to hold photos of your loved ones, this album holds pages of your loved coins. Along with every sheet, there is a clear sheet that helps protect the coins against any disturbances and made safe for handling.
Coin Holders
Coin holders are useful for coin collectors that travel and want to make sure they do not have extra baggage. They solely place a coin in the coin holder and be assured it will travel with them safely. They keep the coin intacked and unharmed so that outside forces will not get cheaper in value. There are many other coin accessories that are available. Many selections have a role that will fit your needs for your precious coins. You can search many different brands and kinds of coin accessories sold, and by comparing prices and factors, you can find an accessory that will make your coin collecting more enjoyable and make yourself feel like a valued coin collector.
BRENDAN
g a coin collector there are a few things to think about. The first thing is mapping out the coins and caring for them. There are coins that could be old, antiques, from other countries, or limited valuables. A numismatist must make sure to take good care of the coins so they can be kept in good condition.
A good approach to taking care of coins is to buy some coin accessories. Not only are the coin accessories going to keep the coins in good condition, but it will help preserve them. Also, you will never have to shuffle through for a coin that you need at the moment, because your coin collection will be organized in any way that you want. In order to buy coin accessories that will fit the coin collector’s needs, some elements to look at may be durability, price and their service. When buying coin accessories it is important to choose those accessories that will best satisfy the needs of the collector. Some factors that may be considered are durability, price and utility. There are numerous coin accessories that you may find in collectible stores and on the internet. Here are some that you may want to look at:
Coin Boxes
Coin boxes are most used within the category of coin accessories because they serve a good purpose to coin collectors and specialists. It is easy to organize coins because it offers many slots and are wide enough to handle every kind of coin there is.
Coin Albums
Just like a photo album to hold photos of your loved ones, this album holds pages of your loved coins. Along with every sheet, there is a clear sheet that helps protect the coins against any disturbances and made safe for handling.
Coin Holders
Coin holders are useful for coin collectors that travel and want to make sure they do not have extra baggage. They solely place a coin in the coin holder and be assured it will travel with them safely. They keep the coin intacked and unharmed so that outside forces will not get cheaper in value. There are many other coin accessories that are available. Many selections have a role that will fit your needs for your precious coins. You can search many different brands and kinds of coin accessories sold, and by comparing prices and factors, you can find an accessory that will make your coin collecting more enjoyable and make yourself feel like a valued coin collector.
BRENDAN
Nov
10
Filed Under Home And Family | Comments Off
Mike Taylor asked:
Nothing in recent years has done more to popularize coin collecting than the 50 State Quarter Program Act of 1997. This unique Act runs from 1998 until 2008 is easily the most popular minted coin series in the history of the U.S. Mint.
Beginning in 1998, five new state quarters are released each year for a ten year period with a new quarter released approximately every ten weeks. The quarters are minted for a ten week period and are never issued to the public again.
Borrowing a page from history a unique method of issuing the coins was devised. Each state quarter is issued according to when they became a part of the United States.
Each of the state quarters is minted with the image of George Washington on the front, or obverse, side of the coin but on the back, or reverse, side is a design based on something noteworthy about that particular state. Once the program is over in 2008 the normal eagle design will once again be on the reverse side of the quarter.
What makes this coin series different from all others in the past is that each state gets to select the design for their own state’s quarter with the Governor of each state determining the selection process. While some states appoint design committees other states like Michigan and Vermont have contests that any resident can enter.
In Missouri people voted via the Internet for their favorite design with almost 180,000 people voting while other states had the Governor making the final choice based on several designs.
Since these coins are in great demand and will never be minted again prices of the state quarters have been increasing and some of the early state coins are worth $1.00 or more depending on condition. A specialty area of coin collecting known as error coins has also been able to participate with some flawed coins going for up to $500.
A whole new business has cropped up revolving around the state quarters program with many products like specialty coin holders enjoying immense popularity. Probably the most familiar example of this would be the United States map quarter holder. These holders are in the shape of a map of the U.S. and have places in each state for that state’s quarter to proudly reside. They also usually have little state facts printed by them which make for a great learning experience.
The State Quarters Program is an ideal way for anyone wanting to start collecting coins to get their feet wet, especially youngsters. It’s easy, inexpensive and you get a little dose of history as well.
CALEB
Nothing in recent years has done more to popularize coin collecting than the 50 State Quarter Program Act of 1997. This unique Act runs from 1998 until 2008 is easily the most popular minted coin series in the history of the U.S. Mint.
Beginning in 1998, five new state quarters are released each year for a ten year period with a new quarter released approximately every ten weeks. The quarters are minted for a ten week period and are never issued to the public again.
Borrowing a page from history a unique method of issuing the coins was devised. Each state quarter is issued according to when they became a part of the United States.
Each of the state quarters is minted with the image of George Washington on the front, or obverse, side of the coin but on the back, or reverse, side is a design based on something noteworthy about that particular state. Once the program is over in 2008 the normal eagle design will once again be on the reverse side of the quarter.
What makes this coin series different from all others in the past is that each state gets to select the design for their own state’s quarter with the Governor of each state determining the selection process. While some states appoint design committees other states like Michigan and Vermont have contests that any resident can enter.
In Missouri people voted via the Internet for their favorite design with almost 180,000 people voting while other states had the Governor making the final choice based on several designs.
Since these coins are in great demand and will never be minted again prices of the state quarters have been increasing and some of the early state coins are worth $1.00 or more depending on condition. A specialty area of coin collecting known as error coins has also been able to participate with some flawed coins going for up to $500.
A whole new business has cropped up revolving around the state quarters program with many products like specialty coin holders enjoying immense popularity. Probably the most familiar example of this would be the United States map quarter holder. These holders are in the shape of a map of the U.S. and have places in each state for that state’s quarter to proudly reside. They also usually have little state facts printed by them which make for a great learning experience.
The State Quarters Program is an ideal way for anyone wanting to start collecting coins to get their feet wet, especially youngsters. It’s easy, inexpensive and you get a little dose of history as well.
CALEB
Nov
5
Filed Under Home And Family | Comments Off
Mike Taylor asked:
Collecting coins has been called the hobby of kings because in the early days of coin collecting kings were the only ones wealthy enough to be able to save coins as most people spent any coins they received to stay alive.
Luckily for us collecting coins, or numismatics as it formally called, is a fascinating hobby that is open to anyone today. You can literally begin as a casual collector right now with the change in your pocket or purse and grow from there as you gain more knowledge and experience.
What makes coin collecting so unique is the fact that there are so many areas to consider specializing in. Some of the possible areas of collecting include collecting coins of your country, foreign coins, paper money, antique coins and coins with minting errors.
You can even focus on specific historical periods such as coins of the 1900s or coins of the Roman Empire. The possibilities are endless and it can be somewhat difficult to decide just where to begin.
Many beginning coin collectors start collecting coins from their country as they are most well-known to them. I would advise going to your local library and taking out a couple of books on coin collecting to give you some ideas on the various types of coins available and they are graded and valued. This will also help you to make a decision on any particular types of coins you want to start collecting and give you a solid background on the history of the coins.
I can assure you that will find coins that were produced in the past that you never knew existed. For example, did you know that at one time the United States minted a twenty cent piece or a two cent piece?
A local coin club can help you grow your skills and is a great way to meet other collectors in your area. They are also a good source for local coin show information and can give you the low down on local coin dealers. The Internet is also home to some great collecting resources.
A key point to remember when first starting out in coin collecting is to control your excitement if you can. That way you will not go out and start buying coins without first gaining the proper knowledge and this can save you a lot of money in the long run.
I can tell you there were some coins I wouldn’t have bought had I been a little savvier in subjects like coin grading when I was just beginning.
The good news is coin collecting has grown so popular that there are very strict grading standards in use today to protect collectors and with the abundance of coin collecting information available it is simple to determine a coin’s value.
Many hobbies can be costly to participate in but you can start collecting coins for next to nothing and as your collecting skills develop you will have the confidence to buy or trade coins of higher value. By starting slowly you can avoid making bad purchases that could diminish your enthusiasm for one of the most satisfying and rewarding hobbies there is.
EMILIO
Collecting coins has been called the hobby of kings because in the early days of coin collecting kings were the only ones wealthy enough to be able to save coins as most people spent any coins they received to stay alive.
Luckily for us collecting coins, or numismatics as it formally called, is a fascinating hobby that is open to anyone today. You can literally begin as a casual collector right now with the change in your pocket or purse and grow from there as you gain more knowledge and experience.
What makes coin collecting so unique is the fact that there are so many areas to consider specializing in. Some of the possible areas of collecting include collecting coins of your country, foreign coins, paper money, antique coins and coins with minting errors.
You can even focus on specific historical periods such as coins of the 1900s or coins of the Roman Empire. The possibilities are endless and it can be somewhat difficult to decide just where to begin.
Many beginning coin collectors start collecting coins from their country as they are most well-known to them. I would advise going to your local library and taking out a couple of books on coin collecting to give you some ideas on the various types of coins available and they are graded and valued. This will also help you to make a decision on any particular types of coins you want to start collecting and give you a solid background on the history of the coins.
I can assure you that will find coins that were produced in the past that you never knew existed. For example, did you know that at one time the United States minted a twenty cent piece or a two cent piece?
A local coin club can help you grow your skills and is a great way to meet other collectors in your area. They are also a good source for local coin show information and can give you the low down on local coin dealers. The Internet is also home to some great collecting resources.
A key point to remember when first starting out in coin collecting is to control your excitement if you can. That way you will not go out and start buying coins without first gaining the proper knowledge and this can save you a lot of money in the long run.
I can tell you there were some coins I wouldn’t have bought had I been a little savvier in subjects like coin grading when I was just beginning.
The good news is coin collecting has grown so popular that there are very strict grading standards in use today to protect collectors and with the abundance of coin collecting information available it is simple to determine a coin’s value.
Many hobbies can be costly to participate in but you can start collecting coins for next to nothing and as your collecting skills develop you will have the confidence to buy or trade coins of higher value. By starting slowly you can avoid making bad purchases that could diminish your enthusiasm for one of the most satisfying and rewarding hobbies there is.
EMILIO
May
24
Coin Collecting Was Easier When I Was Younger
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Mike Taylor asked:
It’s unfortunate that today’s beginning coin collectors missed out on the experiences I had when I first began collecting coins. It was around 1970 and you could still find silver coins in change every now and then even though it had been six years since the US Mint started minting clad coins.
I would go to the local bank after school with ten bucks and get a couple rolls of dimes and go outside and look through them for silver coins for my meager collection. After doing this a few times I got to where I could tell a silver coin just by looking at the edges and I could go through a roll pretty quickly this way.
Many times it turned out to be a 1964-D which was almost a junk coin because they were so plentiful but every so often I would hit the jackpot and find a Mercury dime in pretty good shape. I would always replace the coins I took out with the same number of clad dimes since I was an honest person and would head back inside to exchange my rolls for two more.
In the beginning the tellers asked me why I was doing this and I think they might have thought that I was trying to make some money by short changing them but after telling them that I collected coins and that I made sure to replace any coins I took out they were very happy to help me and never bothered to count the rolls I turned in.
It always struck me as odd that someone would turn a Mercury dime into the bank because of how much they were worth but I guess it’s the same as the time I bought 10 silver dollars for ten dollars from a girl in my class. She didn’t care because she was just going to spend them anyway so I was very happy to buy them from her. Sadly, not being as smart as I am today I sold them to another collector a couple of days later for $11 thinking that a one dollar profit was good.
My dad also assisted me in my new hobby by having a bartender he knew save out any silver coins he got during the week. I would be able to buy these for face value but there were so many coins some weeks that I couldn’t buy them all. Oh, to have that problem now!
I can’t remember the last time I got a silver coin in change and even though I realize it’s been over 40 years since silver coins were minted it’s kind of sad that someone that is just beginning to collect coins has to buy many of the coins I used to get at face value.
Perhaps the state quarters that are so popular give the newcomer to coin collecting the same excitement I got when I was just beginning but in all honesty I have to tell you that I never really liked clad coins. In my opinion they do not come close to the beauty of the silver coins of the past that I fell in love with.
DALTON
It’s unfortunate that today’s beginning coin collectors missed out on the experiences I had when I first began collecting coins. It was around 1970 and you could still find silver coins in change every now and then even though it had been six years since the US Mint started minting clad coins.
I would go to the local bank after school with ten bucks and get a couple rolls of dimes and go outside and look through them for silver coins for my meager collection. After doing this a few times I got to where I could tell a silver coin just by looking at the edges and I could go through a roll pretty quickly this way.
Many times it turned out to be a 1964-D which was almost a junk coin because they were so plentiful but every so often I would hit the jackpot and find a Mercury dime in pretty good shape. I would always replace the coins I took out with the same number of clad dimes since I was an honest person and would head back inside to exchange my rolls for two more.
In the beginning the tellers asked me why I was doing this and I think they might have thought that I was trying to make some money by short changing them but after telling them that I collected coins and that I made sure to replace any coins I took out they were very happy to help me and never bothered to count the rolls I turned in.
It always struck me as odd that someone would turn a Mercury dime into the bank because of how much they were worth but I guess it’s the same as the time I bought 10 silver dollars for ten dollars from a girl in my class. She didn’t care because she was just going to spend them anyway so I was very happy to buy them from her. Sadly, not being as smart as I am today I sold them to another collector a couple of days later for $11 thinking that a one dollar profit was good.
My dad also assisted me in my new hobby by having a bartender he knew save out any silver coins he got during the week. I would be able to buy these for face value but there were so many coins some weeks that I couldn’t buy them all. Oh, to have that problem now!
I can’t remember the last time I got a silver coin in change and even though I realize it’s been over 40 years since silver coins were minted it’s kind of sad that someone that is just beginning to collect coins has to buy many of the coins I used to get at face value.
Perhaps the state quarters that are so popular give the newcomer to coin collecting the same excitement I got when I was just beginning but in all honesty I have to tell you that I never really liked clad coins. In my opinion they do not come close to the beauty of the silver coins of the past that I fell in love with.
DALTON
Jan
23
Enjoy Coin Collecting For Kids
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Gareth Bray asked:
If you have kids who are into coin collecting, you can help them realize the full potential of their interest by teaching them more about the matter and explaining to them the implications, as well as the many wonders, of coin collecting both as an art and a possible money-making hobby. Coin collecting for kids should be fun and exciting - a learning experience that your kid could enjoy in many ways.
Like adults that are new at coin collecting, kids should be taught some of the basic FAQs and their corresponding answers. This way, they’ll have at least a relatively solid idea about what coin collecting is all about. A kid who embarks on coin collecting without spending any time or effort to study the hobby and the market is just like any other lazy and ignorant coin collector who is sure to end up wasting precious money on problem, counterfeit, or overly graded coins. Of course, you’d want to spare your kid from that kind of heartbreak, so pile up the questions and explain on the answers well.
Perhaps one of the first things your kid will ask you regarding his newfound hobby - coin collecting for kids - is where to start. These days, you can find several coin clubs that have kids as members. You can have your kid join one coin club where he can learn about coin collecting and where to get material for his own coin collection. The great thing about it is, your kid is sure to make new friends who will share his interest and with whom he can develop his hobby.
The first coins your kid can have for his coin collection are those in circulation. This will make getting started easier; however, you should remind him to avoid spending his coins. The next coins he can collect may come from a variety of sources, including coin shops, coin shows, flea markets, bazaars, craft fairs, mail order, and from sites on the Internet. If your kid’s coin collection is growing steadily and impressively, you could take him to auctions - the most elite source of collectible coins even to this day.
Major specialty auction firms put the rarest and most expensive coins up for grabs. You can even find some auctions being conducted online, making attendance easier and more convenient. Before placing your bid, you should make sure that the auction you’re joining is credible and that you check first the record of the seller. Bids can be pretty steep in auctions, so don’t join them if you don’t have the budget, your kid’s coin collection is not yet that noteworthy, or your kid has not yet shown his commitment to the hobby. Furthermore, once your kid shows genuine interest in the hobby, you can encourage him to trade or buy coins from other coin collectors. From the start, coin collecting for kids can be an adventure you and your kid can go through together.
Naturally, in coin collecting for kids, the proper handling of coins should be taught.
STERLING
If you have kids who are into coin collecting, you can help them realize the full potential of their interest by teaching them more about the matter and explaining to them the implications, as well as the many wonders, of coin collecting both as an art and a possible money-making hobby. Coin collecting for kids should be fun and exciting - a learning experience that your kid could enjoy in many ways.
Like adults that are new at coin collecting, kids should be taught some of the basic FAQs and their corresponding answers. This way, they’ll have at least a relatively solid idea about what coin collecting is all about. A kid who embarks on coin collecting without spending any time or effort to study the hobby and the market is just like any other lazy and ignorant coin collector who is sure to end up wasting precious money on problem, counterfeit, or overly graded coins. Of course, you’d want to spare your kid from that kind of heartbreak, so pile up the questions and explain on the answers well.
Perhaps one of the first things your kid will ask you regarding his newfound hobby - coin collecting for kids - is where to start. These days, you can find several coin clubs that have kids as members. You can have your kid join one coin club where he can learn about coin collecting and where to get material for his own coin collection. The great thing about it is, your kid is sure to make new friends who will share his interest and with whom he can develop his hobby.
The first coins your kid can have for his coin collection are those in circulation. This will make getting started easier; however, you should remind him to avoid spending his coins. The next coins he can collect may come from a variety of sources, including coin shops, coin shows, flea markets, bazaars, craft fairs, mail order, and from sites on the Internet. If your kid’s coin collection is growing steadily and impressively, you could take him to auctions - the most elite source of collectible coins even to this day.
Major specialty auction firms put the rarest and most expensive coins up for grabs. You can even find some auctions being conducted online, making attendance easier and more convenient. Before placing your bid, you should make sure that the auction you’re joining is credible and that you check first the record of the seller. Bids can be pretty steep in auctions, so don’t join them if you don’t have the budget, your kid’s coin collection is not yet that noteworthy, or your kid has not yet shown his commitment to the hobby. Furthermore, once your kid shows genuine interest in the hobby, you can encourage him to trade or buy coins from other coin collectors. From the start, coin collecting for kids can be an adventure you and your kid can go through together.
Naturally, in coin collecting for kids, the proper handling of coins should be taught.
STERLING