Last updated on May 2nd, 2024 at 03:37 pmKnowledge is power. Starting something that is unknown to you brings with it amateur blunders and mistakes that can cost you time and effort. In coin collecting, these mistakes could make or break your first collection, or even your interest in the subject. Most beginners in coin collecting assume that they can easily recover from their mistakes. However, unlike other hobbies and professions, coin collecting deals with rather delicate things, especially if you are into collecting rare and old coins. One small wrong move, such as a greasy finger touching the surface…
Coin Collecting
Factors that Affect the Value of Coins
Last updated on May 2nd, 2024 at 03:37 pmAre you a coin collector or planning to start your collection? You need to know certain things to allow you to maintain the value of your coin collection. The simple act of touching a coin’s surface with your hand may reduce its value. Knowing what factors affect the value of your coins will allow you to take preventive methods and avoid practices that reduce their worth. Age Most beginners think that the older their coin is, the more valuable it is. However, coin collecting is not just about who has the oldest coins…
Different Kinds of Coin Collectors
Last updated on May 2nd, 2024 at 03:37 pmCoin collecting covers a very broad range of coins. Since there are various types of coins out there, collectors choose to specialize on a specific set. Because of this specialization in coin collecting, coin collectors differ from one another and develop habits when it comes to collecting that are unique to those of other collectors. Are you a coin collector? If so, do you know which category you belong to? Here are the kinds of coin collectors to help you discover which group of peers you fall into. Type Collectors These collectors are…
Bullion 101: Everything You Need to Know About Bullion Coins
Last updated on May 2nd, 2024 at 03:37 pmYou may have heard the word bullion a thousand times, but still aren’t sure what it really means. What is a bullion coin? Bullion means your gold or silver bars, as well as coins have at least 95% purity of precious metal content. Bullion coins, however, have the benchmark of at least 90% purity and have less value compared to the gold and silver bars. Even so, bullion coins have been a reliable form of investment since they were first issued. Gold has been used as superior form of commodity since ancient…
