Thursday, November 26, 2009

Coin Collecting 101

A Very Good Way is to Start with the U.S. Pennies known as Wheat Backs from 1958 or Older. The Older the Better.I have Also Collected Older Nickels. The Same Age Rule Applies. You will come Across a Quarter or a Dime from from 1964 or Older. You then have Found Silver Coins in Pocket Change. As the Price of Sliver goes Up so does the Value. Any Coin that is Shinny or You can Read the Date and any or All of the Lettering makes the Coin Grade Higher and have more Book Value. Now with the 50 State Quarters Issued which is a Very Worth while Set to Collect.

The Ones that Look Brand New and Shinny do Save. The Quarters from 1999 will have most Value. Be sure to Save the Coins that have Mint Luster and Shine. Yes in Time You will have a Nice Collection of Coins. You can Buy an Album to Store Your Quarters. You want to Keep them in the Condition You got Them in. Book Stores or Big Shopping Stores will Have The Albums. You can Buy Them and if You Save the Quarters Already and Have Extra Fill The Albums Up with the Quarters. They make a Very Nice Gift to Give on the Holidays. In Time an even More Valuable Gift. I also Collect Canadian Pennies, Nickels, Dimes and Quarters. They are much Like the U.S. Coinage and also Have Excellent Value. I have Fun with Foreign Coins as I Collect Them to. I have Purchased many Coins from Dealers like some Gold, Silver, Medals and Some Very Old Coins You can never Find in Pocket Change. I have Old and More Recent Medals and One Ounce Silver Bars.

You can even Buy Mint Sets from the The U.S. Mint. Each Year the Coins are Issued for Collectors in Gold and Silver Sets to Buy. These are never Issued to the Public as Pocket Change. The Sets will vary in Content. You can Buy a Gold and Silver Set. Also just Gold or Silver by Itself. Their is just Shinny Sets called Uncirculated and Proof Sets which are Highly Polished Coins. Minted in this Process for Collectors in Sealed Plastic to Protect the Coins for Years to Keep Their Value. These Sets are Available through Coin Shops as the Stock and Years will Vary and Through the U.S. Mint Online for the Current Issued Sets. Maybe some Sets from the Years 2008 or 2007 still Left at the Mint. Coin Shops should Sell the Sets at the Current Market Value. You can Buy the Red Book of Coins by R.S. Yeoman at any Big Book Store for Less than $20.00. You can buy Coinage Magazine on Any News Stand. Both will have Current Coin Book Values.

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