7 Reasons to Collect Coins
Coins have a rich history, making collecting a rewarding hobby. People collect coins for many reasons, including historic or artistic value, or to invest in coins for potential long-term profit. Some people are casual enthusiasts, collecting foreign coins from trips or coins found by chance, such as a “W” quarter.
Top 10 Coins Worth Collecting
Some people collect because they have the desire to own these small pieces of history. There is a love or fascination in owning these easily portable items. Coins can be miniature works of art, exhibiting a style and beauty all their own.
Coin collecting can be an interesting, fun, and educational hobby for kids. Gathering coins from all over the world can be fascinating as you can find out about different cultures and how money has played a part in their development. You can learn about geography and try to collect coins from many different countries.
Believe it or not, collecting coins can be fruitful. Not only do many coins gain value, but if you decide that collecting is not for you after trying it, you will likely get all of your investment back, a rare occurrence when it comes to most investments. Prices of some coins will fluctuate with metal prices.
When you start coin collecting, it's best to focus initially on bullion value. ... Investing in modern bullion coins, such as Canadian Maple Leaf silver coins and American Gold Eagles, is a great way to get started. These coins all contain high-grade gold or silver, making them excellent precious metal investments.
How to Tell If You Have Rare Coins
If you find circulated 1776-1976 quarters either with no mintmark (those were made in Philadelphia) or the "D" (Denver) mintmark in pocket change, they're worth face value – 25 cents.
Here are some of the most valuable coins in America and why they are more valuable than others:
Once known as the “hobby of kings”, coin collecting is slowly becoming as passé as monarchy itself. From casual collectors to career professionals, and all levels of dedication in between, numismatics is experiencing a steady decline.
Collectibles are not a good investment, almost never. Coins from 50 years ago will see some actual value maybe fifty years from now, and even then it's really a question of rarity and condition. Unlike other antiques, the market for collectible coins is almost a given.
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