Welcome to the Coin Collector Guide!

Junk Silver Coins – Should I Invest In It?

The term “junk silver coins” refers to silver US coins minted before 1964 which were actually made up of 90% silver and 10% copper. This included dimes, quarter dollars, half dollars, and dollars as well as some special issue coins. US minted coins are recognized around the world and known for their silver content. This makes them easy to trade on and well trusted. Average circulated 90% silver coins are often sold in $1000.00 face value bags. A quarter bag would be $250.00, a half bag would be $500.00. At the time of this writing junk silver is available for around $24 to $25 per dollar face value when you buy a full bag. The going rate for $1 face value will vary depending upon the quantity you purchase. 90% Junk Silver Coins Bag A full $1000 face value bag  of junk silver coins...

Barber Quarter History & Information

Barber Quarter 1892–1916 The Barber quarter was designed by Charles E. Barber and first minted in 1892. Barber was Chief Engraver of the U.S. Mint at that time. The Barber quarter was minted of 90% silver and 10% copper and used the same design as the half dollar and dime (Barber Dime). The Barber dime displays Lady Liberty on the obverse with a Phrygian cap encircled with a laurel wreath and a ribbon. The inscription on the headband reads “LIBERTY”. The reverse was a very simple design consisting of a wreath around the words “One Dime”. Mint marks, if present, appear at the bottom below the ribbon that ties the wreath. 1901 Barber Quarter Barber quarters were widely circulated yet one is more likely to find a higher grade example than they are a rare date. Some Barber quarter date...

Don’t Get Ripped Off By Silver and Gold Con Men!

Silver and gold are wise additions to your portfolio. Old timers tell us not to put “all our eggs into one basket.” They advise us to diversify and not to “count our chickens before they hatch.” There is generally no disagreement that precious metals should be a part of your portfolio, however, there is a wide range of opinion on how much your portfolio should consist of and of what form. One analyst/adviser may recommend 10% while another may urge 80% or even higher. In fact there are those who say that your portfolio should consist entirely of gold and/or silver. “How much precious metals should be included in your portfolio?” is an important question but is beyond the scope of this article. Today I am writing to warn prospective precious metals buyers...

Silver American Eagles Hit Record High Sales In January 2013

January of 2013 saw a small growth in the value of silver, around 3.7%. During the same period gold actually dropped by 0.8% but analysts seem to agree that gold will see a steady rise overall. Today silver is at $31.78. You can buy one dollar face value of circulated 90% silver US coins for around $30 including postage. How much you might spend will depend upon where and how you make your purchase as well as your level of knowledge on the subject. But, at the time of this writing I can easily find junk silver coins for that price range even when buying very small quantities at a time. Those who know little about coins and precious metals but who are interested in the idea of collecting are likely to fall victim to the highly over priced “collectable” coins seen in some markets....

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...

Don’t Waste Your Money on Gold and Silver!

We hear a lot about gold and silver these days. If you watch news programs very much at all you will notice that a lot of the sponsors are selling gold and silver. Don’t be duped by these shysters! Gold and silver can be good investments, there’s no doubt about that. But the problem that comes into it, especially for the novice, is that when you buy your gold or silver from these “sponsors” you generally pay a very high premium above the actual metal value of what you are purchasing. Not a wise investment method to say the least. So the news programs and “personalities” advocate the acquisition of gold and silver while their sponsors offer to sell it to you via their easy toll free number. I would say that is a fairly beneficial relationship for both parties....

Pre 1982 Copper Pennies Selling at Premium Prices

I have written and talked to people about the lowly copper penny for quite some time. US pennies minted before 1982 (and some struck during the first part of that year) are made of 95% copper. Later pennies contain only 2.5% copper. It takes approximately 115 pennies to make 1 pound of copper. If copper is at $1.15 per pound then a copper penny will be worth one cent. Currently copper is more than 3 times that amount. This means that 1 pre 1982 penny contains more than 3 cents worth of copper! Don’t underestimate this. You may be tempted to say ‘oh its only pennies…’ Copper Pennies In the middle of 1982 the composition of the penny was drastically changed. Previous cents were minted from 95% copper but were changed to 0.05% copper in the form of a micro-coating of copper...