Old Coin in the Garden a Boys Treasure

Old coins hold a special place for me. My first memory of collecting coins is also a great memory of a time spent with my father. This old treasure my dad and I found in the garden that day sparked my interest in collecting coins and perhaps even learning about history. I was about nine years old. My father was using a roto-tiller to prepare our garden for planting. I was playing around and watching the weeds and grass being turned under and mixing with the clods of dirt that were churned up by the blades on the tiller when I saw something big and round appear from the dirt. I picked it up and looked at it, it was some sort of coin, a very big one. It was exciting and I felt that I had discovered some ancient buried treasure. I was sure that it was pirate’s gold, or perhaps it was just...

Save Those Copper Pennies

We have all heard, “A penny saved is a penny earned,” but did you know that it has never held more truth than it does today? Right now there is a real opportunity to invest in your future just by keeping an eye on your pocket change for copper pennies. While these coins are getting less common in pocket change every day they are still common enough to be found by anyone who keeps an eye out. If you see a US cent with a date earlier than 1982 you are looking at a coin that is worth more than double the face value in copper alone! 1981 Cent 2.95g Copper At the time of this writing copper is around $4.00 to $4.25 per pound. It takes around 155 pennies (depending upon the level of wear) to equal 1 pound of copper. This means that at $4.00 per pound 1 penny holds 2.5 cents of copper. I...

Collecting Error And Die Variety Coins

Virtually every series of coins that have ever been minted have had their flaws that have made some of them highly collectable. The latest series of coins to become popular for their errors have been the Presidential dollar coins, or what everyone has came to call the Godless coins. These coins left the U.S. mint without the lettering along the edge. The state quarters series have also been in the news a lot lately for their many mistakes and flaws. From what appears to be an extra leaf on the Wisconsin coins, an extra tree on the Minnesota quarters, to the “T” in trust missing from some of the Kansas state quarters. With millions of coins being minted in each series there’s bound to be some errors. Some coin collectors create their entire collections based on error and die...

Coin Collecting Can Be a Profitable Investment

Are you both a collector and an investor? One of the best ways to make your collecting both fun and highly profitable is to get into coin collecting. Even for novices to coin collecting, the hobby can actually become a profitable investment. With a little information and a sprinkling of wisdom you can build a coin collection that is truly a valuable investment. There is money to be made in collecting; if you collect the right things. Collecting has always been a popular hobby. People collect everything from coins and gems to postage stamps and from dolls to classic cars and everything in between. One of the best ways to make your collecting both fun and highly profitable is to get into coin collecting. There are many different types you can collect, but the most profitable are gold and silver...

Coin Collecting Is Much More Than A Hobby For Kids

Coin collecting is one of the oldest hobbies there is and in recent years, it’s became a very popular hobby for children of all ages. In fact, it’s one of the best hobbies there is for younger children since you can help them build a collection with little or no investment. The best source to help your child begin a collection is from the change that you receive on a daily basis. Avid coin collectors know that you can often find many silver coins and wheat pennies in every day change. But, your child’s first collection doesn’t have to be older coins, the new state quarters are a perfect way to start. Coin collecting can be both a fun and rewarding hobby for your child. But, it’s also an excellent opportunity for them to learn. The educational benefits of coin collecting...

Investing In Silver With Coin Collecting

Collecting US silver coins is an excellent way of investing in silver for your future. Not only are silver coins a solid investment they provide a fascinating hobby as well. A nicely presented coin collection is a thing of beauty; you can see and feel the value in your hands. In recent years the value of silver has risen and it is expected to continue going up in the future. However, the value of a coin is in more than just its metal content. A coin also has “collectable value” based upon its rarity. Naturally, the more common a coin is the less its collectable value will be. Many silver coins are in such short supply that they value significantly more than their silver content, while others are so common that they can be obtained very near to their silver value – an excellent...

Why Do Some Coins Increase In Value?

A lot of beginners to coin collecting may assume that the older a coins is the more it is worth. In truth, the age of the coin really has no direct affect on its value. Rather than the age of a coin it is its relative rarity and level of demand that determines its value. As with any other commodity the value of a coin boils down to supply and demand. Generally speaking the older a coin is the more potentially rare it may be. However, mintage numbers of coins through various years, and mintmarks varied widely. That, along with the occurrence of numerous varieties or errors means that it is possible for many older coins to be more common than more recent ones. As an example, the Indian Head Cent was struck from 1859 to 1885. The two most valuable Indian Head Cents are the 1877, at over $400,...