Coin Collecting Isn’t Just for Children
Maybe when you were a child your father gave you his old pennies. And then you began collecting more unique coins, seeking out those rarities that would some day make you rich. It was like a treasure hunt. It was a thrill.
Just because you’re an adult doesn’t mean you need to stop collecting coins. If you never collected coins, it is never too soon to start.
Coin collecting become popular in the 1930s when the United States began distributing commemorative coins. More and more people began recognizing the value coins had, whether they were specialty coins they sought out or coins in their own pockets. So if you want to start collecting, here are a few things to know.
When collecting, spend some time doing your homework, understanding how coins are graded and how to recognize counterfeits. You should also buy a reference book covering your area of interest. Such books will provide you with some basic numbers on a coins value.
In getting your first coins, you can begin by going through your own change jar. This is called collecting coins from circulation. Study these types of coins and compare them to what your reference book tells you about them. Get familiar with the terminology and grading values. The value of a coin can vary considerably depending on its grade. The American Numismatic Association standards are as follows: Fair, Fine, Very Fine, Extremely Fine, Uncirculated and Fleur-de-coin. These standards look like this:
* AU-58, very choice about uncirculated: just traces of wear on a coin with nearly full luster and no major detracting contact marks
* AU-55, choice about uncirculated: small traces of wear visible on the highest points.
* AU-50, about uncirculated: very light wear on the highest points; still has at least half of the original mint luster.
* EF-45 or XF-45, choice extremely fine: all design details are sharp; some mint luster remains, though perhaps only in "protected areas"
* EF-40 or XF-40, extremely fine: slightly more wear than a "45"; traces of mint luster may show.
* VF-30, choice very fine: light even wear on high points, all lettering and design details are sharp.
* VF-20, very fine: most details are still well defined; high points are smooth
* F-12, fine: major elements are still clear but details are worn away.
* VG-8, very good: major design elements, letters and numerals are worn but clear.
* G-4, good: major design elements are outlined but details are gone; for some series the date may not be sharp and the rim may not be complete.
* AG-3, about good: heavily worn; date may be barely discernible.
If you don’t have extra coins in your piggy bank, the next best place to start is with a coin shop. By purchasing from a dealer, you are able to deal with somebody who is experienced and who can offer you advice and assistance. Of course you can find coins online and at swap meets, but if you aren’t experienced enough in recognizing a coin’s value, you could potentially get scammed.
The last type of coin collecting is coins that are called bullion (silver, gold and platinum). Bullion is often produced in the form of ingots, bars, rounds but also is comes in coin form. These coins are valued on their content and as the value of gold, silver and platinum increases, so does your collection.
Is coin collecting just for kids? Not anymore.
About the Author
BullionDirect is a leading online source to buy and sell precious metals, including gold, silver, platinum, and palladium coins and bars. For more information please visit www.bulliondirect.com.
Can anyone tell me the songs on Clay Walkers Platinum Collection Album...or a website i can find it.?
track list...
1. Whats It To You
2. Live Until I Die
3. Dreaming With My Eyes Open
4. If I Could Only Make A Living
5. This Woman And This Man
6. Who Needs You Baby
7. Hypnotize The Moon
8. Rumor Has It
9. Watch This
10. Then What?
11. Youre Beginning To Get To Me
12. The Chain Of Love
13. Where Do I Fit In The Picture
14. My Heart Will Never Know
15. Only On Days That End In Y
16. Shes Always Right
17. Live, Laugh, Love
18. White Palace
19. Holding Her And Loving You
20. Ordinary People
website to purchase
http://www.amazon.com/Platinum-Collection-Clay-Walker/dp/B000SFT6XE
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Platinum Collection
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