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,...