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Coins Complete

July 26th, 2009 admin No comments

Types of US Coins and Coin Collecting

Needless to say, Coin collecting can be fun hobby provided you have the time. A coin’s history and its development can be learned by collecting them.

At one point in time, between 1838 and1933, the United States issued gold coins for circulation. The Liberty Head bust was used as the design until 1907. The design was then changed to the Indian Head and Saint Gaudens motifs until 1933 when the “Great Depression” started. This prompted the recall of the coins which makes it very rare to find any of them today.

Since gold coins are hard to find, most collectors select other coins.

One type of collection you might consider is the one made up of coins that are flawed when the coin was minted. If you can find a coin with a misspelled word, a wrong date, off-center characteristics, or double-punched marks, these coins are valuable. Such mistakes can increase a coin’s value from $50 to a $1000.

Coins that were only issued or circulated for short period of time also make good collectibles.

A coin collection is at its best if it is focused on a certain coin. A collector can choose from pennies, nickels, dimes, quarters and dollars.

Another way of collecting is disregarding the types of coins but concentrating on a certain time period. Coins have different mint marks and collecting those that were struck in the same location can also be interesting. The important thing for hobbyists is to stick to the collection until it has been completed.

For a good start subscribe to a coin publication for information on the types of coins that you might want to collect. The internet or a local coin shop can also help expand the search for those coins that can’t be found in your locale or out of state.

Building a coin collection will take a long time - months or even years. The United States has produced so many coins that it is hard to keep track of them. By deciding on the coin(s) you want to collect, the challenge to complete that collection begins.The one of advantages is that you have fun and also learn as you go.

About the Author

For complete step by step instruction on Collecting of coins visit our site:www.financial-freedom-guides.com for more study

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Coins Complete

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Coins Complete
Just found two 19th century coins any ideas on value or where to find out please?

I've just been routing through a tin of old coins and found two 19th century coins.
They are:

1852 Bank Of Upper Canada Half Penny.

1866 Vittorio Emanuele II RE D' Italia coin. 10 centisimi.

I'm not getting my hopes up but if anyone knows anything on this subject I'd love to hear,or a link to a site please?
I've tried Ebay completed listings but found nothing,
Thanks.

The 1852 Canadian token is valued at from $4 to $28 depending on it's grade. Well worn ones sell in the $4 rage and nice ones in the extra fine range sell for the $28. it is not a rare item unless in very high grades. The Italian 1866 10 Centesimi depends on the mint mark on it if any. It is located on the reverse at the bottom under the wreath. The M, H, N, OM and T the coins sells for as little as .50 in low grades to around $5 or so in upper grades. The one with no mint mark is scarce and it's value starts at $15 and goes up from there depending on grade.