Rare Coins Of America
- Date: 2009-11-04 - Word Count: 406
Share This!
Coin collecting is a fun hobby that anyone who has the time can do. A coin's history and its development can be learned by collecting them.
At one point in time, between 1838 and 1933, 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.
The most valuable coin in the world is the 1933 Double Eagle. This was a $20 gold coin that was made in the 1800's after the California gold rush. This coin was not allowed to be used in the 1930's and when this coin was auctioned in 2002, it sold for nearly eight million dollars.
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 such as Coin World or Coinage Magazine 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.
At one point in time, between 1838 and 1933, 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.
The most valuable coin in the world is the 1933 Double Eagle. This was a $20 gold coin that was made in the 1800's after the California gold rush. This coin was not allowed to be used in the 1930's and when this coin was auctioned in 2002, it sold for nearly eight million dollars.
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 such as Coin World or Coinage Magazine 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.
Related Tags: hobbies, family, fun, activities, recreation, toys, coins, collecting
Your Article Search Directory : Find in Articles
Recent articles in this category:
- Avebury Stone Circle - Does It Have Magical Powers?
Avebury is the site of an ancient monument consisting of a large henge. Its construction was spread - How To Successfully Manage Your Digital Photo Collection And Prevent Catastrophic Loss
Wow.... talk about digital explosion, progress in leaps and bounds. In just a space of 20 years we h - A Short But Fascinating Look At Tin Lunch Boxes
Tin lunch boxes went through a great period of revolution throughout the central part of the last ce - Buy A Unexpected Gift Not Your Normal Gifts
No matter what the personality of the person is, you can always opt for the personalized gift sets t - Laser Tattoo Removal Facts To Know
Untold numbers of folks, perhaps even more, walk around having tattoos. A few are visible, some are - The Reason For High Tattoo Removal Costs
Occasionally, you really need to need some thing really bad in your life to put up with the costs th - Honey Bee Magic - Controlling Taste, Texture, And Flavor
There is a great deal of pride that you get from making your own honey, plus it usually tastes bette - Toy Model Trains; The Coming Of Age.
Did You Or your children grow up with Thomas the Tank Engine? Did you ever read them the story of "T - Most Popular Woodworking Crafts And Projects To Do
Is it finally time for the yearly vacation? It's always very hard to wait for the vacation to take p - Scientifically Proven To Add Years To Your Life Keep Your Mind Active And Even Expand Grey Matter
Do it yourself homemade projects have always fascinated me and I always have something on the go.My
Most viewed articles in this category:
- Scientists Today are using Satellite Photos More for Humanitarian Need Rather Than Espionage
Have you ever had the opportunity of seeing real life satellite photos? Well, in the past few weeks, - Japanese Kanji symbol translation for your tattoo.
There are three types of Japanese symbols to choose from when considering a Japanese style tattoo. K - Holly 'red Beauty' (ppaf #14750)
>A Compact, Disease Resistant Holly - 22 Years in the Making! Dr. Elwin Orton of Rutgers University - Miroslav Klabal is an Art Dealer With a Difference
Giving a vent to one's feelings and expressions is not an easy task. Art is one form that can be mad - Find your Favorite Online Casinos
The interest of gamblers in online casinos is constantly on the increase and so is the number of cas - Understanding Dress Up Games
Some parents are concerned about their daughter's safety online. They wonder as she sits down at the - Ingredient of Indonesian Dishes
INGREDIENTS OF INDONESIAN DISHES Indonesia dishes are amongst the most delicious in the world, - Bass Fishing - Learn the Facts That Can Help you Catch the Trophies
In the fishing world largemouth bass and smallmouth bass are two of the more highly coveted fish ind - Giclee Prints - Affordable Fine Art
"Giclee" is a style of fine art, which incorporates the use of modern day printers, predominately 7- - Beach Decorating for Adults and Kids; From Bathroom Décor to Beach Dioramas
One way to bring back memories of a summer at the beach is through beach themed decorating. It is al