The silver dollar is truly a popular collectible, and that’s regardless of the coin’s origin.  As long as the coin is minted by an official country, it usually has some special value.  Of course, not all coins are collectibles, and most are not high-priced million dollar coins.  When such a coin is truly a million dollar wonder, it makes headlines!

Dollar coins in silver that were minted in large volumes usually have lower resale value.  However, every once in a while you will found a Morgan dollar or a Walking Liberty coin that is truly unique, rare and of high worth.  The Flowing Hair dollar of the late 1700s is also a hot item in collecting shows. (more…)

Regardless as to whether you are a coin collector or just someone with a rare coin or two, more than like you are very interested in their actual worth.  This is something that a lot of people actually find to be quite interesting.  There are a few different ways in which you can go about finding whether or not you have a unique coin collection that is valuable too.

Coin Collecting Guides

A coin collecting guide is actually the best place to start whenever you are trying to determine the value of your coins.  However, since there are so many different types of rare coins, there isn’t just one guidebook that covers all of the rare coins that exist today.  Instead, there are different guides, each of which is geared towards a specific type of coin. (more…)

Coin collecting ranks as one of the most popular hobbies ever invented. Indeed, rare gold coins have a long and interesting in the United States. An example of this is, in 1834 the value of the gold in the coins became worth more than the face value of the coins. Gold coins were collected and a meltdown was ordered. During the Great Depression, the government collected gold coins and another melt-down occurred.

These melt-downs have caused gold coins to become rare. However, it is the rareness of these coins that adds to their intrigue, and their value. Other factors such as coin condition and collector demand also influence what a particular coin is worth. In 1993 when gold coins were melted down it ended the era of gold coins as currency in the United States. (more…)

The demand for rare coins has never been higher. The reasons for this have much to do with the monetary value of rare gold and silver coins, and these are indeed important reasons to invest in this type of commodity. But there are a number of other reasons that the practice of coin collecting, otherwise known by insiders as numismatics, has been on the rise over the past decade or so. One of these reasons has to do with an increased interest in the history of our great nation and its place in the world.

The study of numismatics is, after all, largely a study of history. All coins were minted at a point in history that made it important that they were made. The Morgan Silver Dollar, as just one example, was minted between the years of 188 and 1921, precisely those years when the United States was undergoing its great westward migration. Thus, these coins mark out an important and grand part of our shared heritage, providing a tangible link to the past. This investment in history has made coins like the Morgan Silver Dollar valuable even over and above the raw material, silver, that it was made from. For these reasons, and many others, people have been starting their own collections by visiting the coin collection from Zoomcoin. (more…)

Coin collecting is a very enjoyable hobby.  If you enjoy history and coinage in general, then coin collecting is a cinch.  However, if you are looking to profit from your coin collection then you must also enjoy the business of numismatics.  Numismatics refers to the study of rare coins as well as bullion worth.

When you are collecting rare coins for profit, you must consider coin quality, rarity, historical value and the coinage market.  Let’s first discuss coin quality.  Coin quality refers to the condition of the coin.  Scratched or worn coins depreciate the more they are circulated.  The term “junk coin” refers to a coin that is so old and worn that it has practically no value.  There may be some circulated coins that may have minimal bullion worth (such as old dimes or quarters), but even these coins will not have an accurate measurement of bullion.  When collecting coins, if you plan on keeping a coin for the long-term, always order the collector’s edition or the “uncirculated coin.”
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