Silver Coin Collection

It is never too early or too late to have a silver collecting hobby. Some
people are silver coins hobbyists for fun while others see a bigger silver
coin dealers picture. Some silver coins that may seem inexpensive junk
silver coins  now may become valuable or priceless silver bullion coins
later.  A  coin collection hobby that can become profitable is Silver Coin
collecting.

Coins are made every year and some are introduced years later so focusing on
a particular time period and location is important. Silver coins that are no
longer used generally have more value than those that are still active,
because coins in the past were made of 100% silver or gold. Since the demand
for silver coins increased and Old Silver Coins were difficult to produce
they are now made of 40% and 60% copper

Conducting research using reference books or the web can aid in silver coin
collecting. A good source of information is subscribing to a coin
publication such as Coin World or Coinage Magazine. You may be able to buy
bulk silver coins at the local coin shop, and you can also expand the search
for those antique silver coins outside the collector’s city or state.  Being
a member of a coin club can build the silver dollars collector’s network.
You can learn almost anything about the Rare Silver Coins to be collected,
the Price Of Silver Coins, and  help the collector discover those who want
to sell or Buy Silver coins.   Some Silver Coin Dealers may want to purchase
silver coins with a particular coin in mind for exchange for another, etc..

A silver eagle coin can be cleaned by soaking it in any of the following
liquids: vinegar, rubbing alcohol, lemon juice or ammonia which will remove
any dirt or encrustation that’s on the silver dollar coin when it was
acquired. Afterwards, they should be air-dried or patted dry with a soft
cloth. Rubbing or polishing the coins is not advisable since it scratches
and will decrease the market value of silver coins . After completing the
collection, the coins should be stored in a nice folder or album. This will
keep them clean and easy  to carry around and display.

Coin Collecting can be a lot of fun. By deciding on a specific period to
begin with then searching for it, the collector will have something valuable
as an investment.

What Are General Rules That Impact The Value Of Collectible Coins?

When one is just starting in coin collecting, often the first question is:
“What is the value of the coin?: and the answer is that the coin will cost
as much as you are willing to pay for it and the amount can vary
considerably.  For instance, a coin dealer’s offer can be much less than a
coin collector that certainly wants your coin badly to add in his collection.

The following are factors that can influence the true value of a coin.

1.  Grade or condition of the coin.   Your coin will be worth or valued more
when it is in good condition.  When in a perfect or unblemished mint
condition, an “uncirculated” coin will be worth many times more than a
similar coin that has been in circulation.

2.  The rarity of a coin is the principal basis for a coins value.
Generally, the rarer that a coin is found to be, the higher it is priced.
Do keep in mind that rarity has very little influence on the coins age.
Chinese coins are a thousand years old normally sell for about ten dollars
since there are so many of them; while a  “1913 Liberty Head Nickel”  can
sell for up to or over a million dollars because only five specimens are
known to be in existence.

3.  Bullion value.   A coin’s precious metal content can determine its
value. A platinum, silver or gold coin will not, in general sell for less
than the coins value when melted.

4.  Demand.  There are coins that are greatly in demand; sought after by
many collectors, and if that a particular coin is in great demand  the price
will be even higher.  Even comparatively plentiful coins can mandate higher
value when they are popular with coin collectors.

For instance, “1916 D dimes” are much more abundant than the “1798 dimes”
yet in spite of this, “1916 D dimes” sell for so much more because there are
many more individuals collecting 20th century dimes than 1700 dimes.

Here’s how you can determine the approximate value of your coin:

1.  Properly, accurately, and correctly recognize and classify your coin,
and know the to place value on that coin. You can do this successfully by
examining your coin in a catalogue or online with the “coin price guide”;
this will give you an idea of the going rate and price of your particular
coin and you can determine the approximate value of your coin.

Everyday Coin Values are changing; so you need to use a “coin price guide”
that is updated on a daily basis to obtain the current coin value. Look at
online sites that offer step by step guidance on how to recognize your coin
the proper way.

2.  Grade your coin based on your thorough observation
and examination of its current condition.

3.  Consult coin catalogues for a list of  retail prices in or estimates of
your coins retail value.  “A Guide Book of United States Coins”, popularly
known as “The Red Book” to coin dealers and collectors, provides information
on retail coin prices for US coins and is available in libraries, coin shops
and bookstores.  “The Standard Catalog of World Coins” (in volumes) is a
guide commonly used by coin dealers and collectors as well, to provide
information on world coins and is available in many public libraries.

You can also check current coin prices by basing it on the actual dealer
coin price found in magazines and newspapers or online auctions such as
Yahoo, Coin World, eBay or Teletrade.

Always keep in mind that you are not collecting coins primarily for money;
you collect for enjoyment and self gratification, and profit is to be last
consideration.  The plain fact that a certain coin does not have a large
monetary value, does not necessarily suggest that it is no longer
interesting or fascinating or that it must not be included in your
collection.

Each coin will have a certain interest in itself, regardless of the
condition that it is in and regardless of its monetary value.  There will
always be a certain characteristic that will draw you to that particular
coin; so when it does, then you should have it in your collection.  Have
fun!

What Are Commemorative Coins?

Commemorative coins have become very popular. Many people want to have
different kinds of coins in their collections or for souvenirs. Many times
they are used as traditional gifts for special occasions. These coins are
not considered to be practical gifts, bur are commemorative items that can
be kept for years as special souvenirs when received by a special friend or
loved one.

There is a strong demand for these coins among people who are collectors as
they may have significant meaning to them. Others will want them to remember
an important day or occasion. The mint date and the event celebrated by the
coin could be one factor people consider them collectible items.

Since the 1970s, the individual coins were available in the market every
year, but are now available as sets in packages or in special displays. Many
collectors say that one reason they are marketed this way was the
depreciation of their value starting in 1971.  The introduction of the euro
may also be a factor.

There are countries that have produce commemorative coins and used these
coins for propaganda. There were monarchs who issued coins to commemorate
past or current events and/or celebrations that recognized their authority.

The half dollar was produced in 1892 to commemorate the Columbian Exposition
in Chicago. This was a celebration to mark the 400th anniversary of the
expedition of Christopher Columbus and his discoveries in the world.

During the following year, the first quarter dollar commemorative was
introduced to signify the Exposition as well, but it also gave honor to
queen Isabella of Spain. She was the one who “back-pedaled” the political
agendas on Women Rights.

The first commemorative coins that were made of silver were introduced in
the 1900s. The coins were minted in honor of Lafayette and George
Washington. In the following years, the half dollar coin was denominated,
and the legal tender commemorative coins were created to mark celebrations
rather than historical events. These coins are recognized today as classical
sets of special coins of historical events between the years1892 – 1954.

It was in 1932 that the Washington quarter dollar was released as the United
States” second commemorative coin in its denomination. It was issued for the
200th birth anniversary of George Washington. The coin also continues its
circulation as a commemorative coin because of its popularity.

It was uncharacteristic to circulate a commemorative coin of the 1892 – 1954
era in the United States because the government had not intentionally put
them into circulation, (they were not legally approved by the government for
public use) so collectors will not pay the premium costs of these coins that
are still in the market.

In 1975, that the Bicentennial quarter was introduced. It became the second
circulating commemorative coin in the country, while the silver dollars and
half dollars (1776 – 1976) were reissued as a special collector’s edition.

Many collectors have different agendas when collecting these coins. Some
prefer commemorative coins from 1892 – 1954 while most collectors choose the
modern editions. They know that these coins have different values depending
on the series and/or editions.

Although there have been different series released, a proposal was submitted
to congress that would mark the Lincoln cent for his birth anniversary. No
one knows whether or not the 1-cent denomination commemorative coin will be
minted.

The confusing part of these commemoratives that are circulating is the
pattern of the denomination. The 1776-1976 commemoratives half-dollar and
silver dollar may not be included in collections because of their scarcity.
Most of the coins that are circulating are the quarter dollar coins. It
should be an interesting development for the proposed circulation of the one
cent commemorative coin.

The Value of Silver Coins

Compare_______________________________________________

Y2003 R.A.M. Fine Silver Proof Coin Set $191.30

262AD POSTUMUS Certified Ancient Silver Roman Coin Nice $80.00

1959 PROOF FRANKLIN SILVER HALF-DOLLAR ALMOST PERFECT CAMEO US COIN BUY-IT-NOW! $39.99

Austria 1780 Maria Theresa Silver Taler – UNC – restriked coin – #AU02 $74.34

2011 AMERICAN EAGLE ONE OUNCE SILVER ROLL OF 10 COIN MINT ROLL BU $429.99

6-2012 AMERICAN EAGLE ONE OUNCE SILVER COIN FROM MINT ROLL BU NOW IN STOCK $257.94

2011 America the Beautiful 5 Ounce Silver Uncirculated Coin – VICKSBURG 5 OZ $219.99

SEPTIMIUS SEVERUS Posthumous 211AD Rare Ancient Silver Roman Coin Funeral pyre $422.50

2 Israel silver coins: Herzl – 1960, Ben Gurion – 1974 (proof).51gr of 0.9silver $62.50

THAILAND Y#123 150 BAHT 1978 9th WORLD ORCHID CONFERENCE BANGKOK SILVER COIN $49.99

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Compare_______________________________________________

Silver Coin of Ancient Athens $59.99 Silver Coin of Ancient Athens – Framed Art Print

Silver Coin of Philip II of Macedon $49.99 Silver Coin of Philip II of Macedon – Giclee Print

Silver Coin Belt Adult $42.99 Silver Coin Belt Adult Great Belly Dance Accessory! Silver color with half circle loops with coin attached. Accent piece for any belly dance costume.

Chinese Coin $20.69 Chinese Coin Realistic Chinese Coins! Beautifully made for copper/silver transpoition. Same size as a half dollar and ideal for manipulations.

Gillette Stadium Coin Card: New England Patriots Silver Coin Card $26 Build a classic collection with this Gillette Stadium Silver Coin Card. Features a 4″ x 6″ acrylic coin holder- color image of Gillette Stadium- bio information- and a 39mm minted silver plated commemorative team coin with the NFL logo minted on the reverse. Limited Edition of 5000 Officially licensed by the NFL

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