What You Should Do Before Beginning Gold Coin Collecting

By Brian Andanielo

Are you one of those individuals who are only getting into the gold coin collecting hobby? If it is new gold coin collecting, first thing you need to do is to find out easy methods to select the type of gold coin to collect. No, you cannot only go out there and find any coins that caught your fancy. You need to have a system if you need to come up with an amazing gold coin collection. To help you begin gold coin collecting, here are some tips for you.

Starting out

Before you start collecting old coins, you need to know a lot about history. Why? Coins are part of history and the more you know about history, the more it will be possible to pick the best type of coins to collect. Read some good history books and take note of the coins that are minted and circulated on particular time period. You will get good tips when you start gold coin collecting.

Besides reading books, you might want to join seminars on gold coin collecting and learn several things about the right way to collect historical coins. Attending gold coin collecting seminars can also provide you with a venue to meet other coin collectors and learn something from them.

Working On Your Collection

Though there are no hard and fast rules in terms of old coin collecting, it is usually better to work systematically when collecting gold coins. First, you have to start collecting gold coins based on their country of origin. For example, if you want to come up with an impressive gold coin collection, you can collect gold coins that come from England at a certain period of time.

Next, you can collect gold coins by kinds or series. For instance, you can collect U.S. gold eagle coins. Third, you should collect your coins by period and time. You should understand that gold coin collecting is like collecting bits and pieces of history. If you need to come up with a good collection of coins, you need to start by collecting coins from different periods and times.

Yes, collecting historical coins can be a lot of work and it would be quite expensive but the good news is that if you are able to complete some coins minted on a particular period of time; that collection can fetch a handsome price on the market if you choose to sell this. Many coin collectors have made quite a fortune out of their collection over time of gold coin collecting.

About the Author:

With regards to coin collecting, it is a great idea to get helpful tool like coin counter machine. To account for your coins, digital coin sorter is recommended to you.

Thinking Of Purchasing Gold Coins?

By James Read

There are assorted reasons why a person would select to begin buying gold coins. An explanation is they are seen as wise investments because their value can be increased, so people are more inclined to purchase them. Even these days, you will find that coin collectors are highly motivated to pay whatever the marketplace demands to acquire most uncommon coins.

People are aware that purchasing gold coins is a safe and dependable way to make an investment with their extra funds. Just because they know that gold coins are only going to achieve worth with time.

Before acquiring any coins you need to discover a reliable coin dealer. If you are able to, select somebody who belongs to the association called the Professional Coin Grading Service, or the Numismatic Guaranty Corporation. A coin dealer who is not a member of these professional bodies will often sell you counterfeit coins.

After discovering your dealer you will then need to decide just how much gold it is you want to acquire. Because the cost of gold changes so frequently, it is best to know how much you can to spend.

You need to be conscious how much money you can afford to invest in gold coins, you also need to recognize which coins are the best investment. Currently gold coins are usually divided into a maximum of three various groups. Those that are rated as standard gold bullion, those that are classed as hard to come by and those which are collectible.

Gold bullion "coins" are really valued based on the volume of precious metal in them. While hard to come by and collectible coins their prices actually fluctuate enormously and particular aspects will need to be taken account in order to place a worth on them. Along with how much gold is contained in them, the age and how rare the coin is will determine what price these types of coins are purchased and sold for.

When buying coins, it is vital to know about the process of grading and evaluation. Comprehension of the rare coin marketplace is a fundamental skill in helping to spot a potential bargain.

About the Author:

Today is the perfect time to find out more about american buffalo gold coin. Join us American Gold Eagle Coin.

Undiscovered Facts About Mercury Dimes

Mercury in Greek mythology was known as the "quick messenger" and was armed with wings to easier perform his obligations.

The confusion gets in when the designer of the coin, Adolf Weinman, added wings to Liberty's headgear.The wings were appended to symbolize "liberty of thought". However in the end, due to misconception, the coin was improperly addressed the mercury dime.

The mercury head dime was minted from 1916 through 1945 when it was replaced by the Roosevelt dime.

All mercury dimes are 90% silver, therefore they are at least worth their silver bullion price... which is more than 10 cents.

For mercury dimes -- and most other 90% silver coins -- you can anticipate a dealer to pay you 9 times face value for them (silver being 15.00/oz). So every mercury dime is worthy at least 90 cents or more. This is of course with the exclusion of the less usual mercury dimes which are listed here:

Dime Values:

1916 D - $900.00-$9,200.00 : Extremely low mintage value

1916 S - $4.00-$20.00 : Lower mintage value

1917 D - $4.50-$45.00 : Lower mintage value

1919 D - $4.00-$24.00 : Lower mintage value

1921 - $60.00-$300.00 : Low mintage value

1921 D - $75.00-$400.00 : Low mintage value

1925 D - $4.00-$40.00 : Lower mintage value

1926 S - $12.00-$60.00 : Lower mintage value

1931 D - $8.00-$20.00 : Lower mintage value

1942 2/1 - $625.00-$900.00 : Same as above without the D mintmark

1942 D 2/1 - $675.00-$950.00

The large margin in price ranges all depends on the grade of your coin.

The mint mark on the mercury head dime is very little and can be found on the reversed side of the coin on the bottom left -- right after the E in the word ONE and just left of the branch.

The prices listed previously for the more rare mercury dimes are from the Red Book. You likely will not receive this amount of money for them from a dealer, because a trader won't always give you exactly what the coin is worth. If they did, they would never make any money and be out of business.

For the most popular mercury dimes, you can anticipate to get about a buck for each one for them, no matter what shape they're in. Silver is silver, whether it's pretty or not.