Coin Collecting

The Truth behind Rare Coin Collecting

Are you interested in coin collecting? Have you ever tried collecting rare coins?

Today, coin collecting, especially of those coins that are considered rare, is considered to be one of a few hobbies that are not just a mere pastime or leisure activity.

Coins have long been known as works of art because of the way the manufacturers carefully engrave the designs on the surface. Coins of a particular nation often portray the history of that nation with the engraving of the design on the coin.

Few people know that coin collecting can also be a profitable venture. Rare coins that are extremely hard to find are often valuable and when found can be a good investment. The rare coin collection market in the United States has boosted their sales in recent years from 348% to 1,195%. According to the U.S. Rare Coin Market, the average price of $1,000 spent by an individual during the 1970s would be valued at almost $57,977 today.

What is the secret behind these rare coins that their value continues to increase with age?

Rare coins were able to maintain even when the economy is unstable. They have been able to stabilize the wealth of the nation by serving as “inflation fighters.”

Experts contend that through these rare coins, the economic wealth of a nation is sheltered from possible harm by functioning as an investment much like “gold bullion”. This is applicable during the times when the value of the paper money continues to depreciate.

The rarity of these coins is not constrained by being merely collector’s items but they can also be considered a work of are and just like any work of art, may be priceless.

Rare coin collecting is not just like any other hobby. The concept of collecting such treasures is considered exceptional by itself and the monetary value can equal its distinctive character.

ISN Modern Coins is a trusted premier Modern coins dealer specializing in the sale of high grade modern day graded and certified government struck coins from around the world. Their wide variety of coins include but is not limited to “Mint State” and “Proof” American Silver Eagles, Australian Koala’s, Chinese Pandas, Lunar Series Coins and much more. No matter your coin need ISN Modern Coins more than likely can fill it.

What are Commemorative Coins?

Commemorative coins have become very popular with some people who want different kinds of coins in their collections or for souvenirs. Many times they are used as gifts for special occasions.

There is a strong demand for these coins among people who are collectors as they may have significant meaning to them. Others will want them to remember an important day or occasion. The mint date and the event celebrated by the coin could be one factor people consider them collectible items.

Commemorative coins have been minted since the days of the early Greeks and the Romans. But no nation has surpassed the splendor and the beauty of the designs of American commemorative coins. From the first commemorative coins issued for the 1892-1893 World’s Columbian Exposition to the modern commemorative coins of today, the diversity of themes and designs is unmatched. Some of the most talented sculptors of their day have designed these coins.

Commemorative coins in the United States were issued to honor significant historical events and noteworthy people from American history. That fact alone gives commemorative coins an appeal well beyond those interested in numismatics. In the classic commemorative coin series (1892 to 1954) there are 50 different design types and 144 different date and mintmark combinations. Many collectors attempt to complete either or both of these sets.

There are countries that have produce commemorative coins and used these coins for propaganda. There were monarchs who issued coins to commemorate past or current events and/or celebrations that recognized their authority.

The half dollar was produced in 1892 to commemorate the Columbian Exposition in Chicago. This was a celebration to mark the 400th anniversary of the expedition of Christopher Columbus and his discoveries in the world.

During the following year, the first quarter dollar commemorative was introduced to signify the Exposition as well, but it also gave honor to queen Isabella of Spain. She was the one who “back-pedaled” the political agendas on Women Rights.

The first commemorative coins that were made of silver were introduced in the 1900s. The coins were minted in honor of Lafayette and George Washington. In the following years, the half dollar coin was denominated, and the legal tender commemorative coins were created to mark celebrations rather than historical events. These coins are recognized today as classical sets of special coins of historical events between the years 1892 – 1954.

APMEX offers a superb selection of modern commemorative silver dollars.

It was in 1932 that the Washington quarter dollar was released as the United States’ second commemorative coin in its denomination. It was issued for the 200th birth anniversary of George Washington. The coin also continues its circulation as a commemorative coin because of its popularity.

It was uncharacteristic to circulate a commemorative coin of the 1892 – 1954 era in the United States because the government had not intentionally put them into circulation, (they were not legally approved by the government for public use) so collectors will not pay the premium costs of these coins that are still in the market.

In 1975, that the Bicentennial quarter was introduced. It became the second circulating commemorative coin in the country, while the silver dollars and half dollars (1776 – 1976) were reissued as a special collector’s edition.

Many collectors have different agendas when collecting these coins. Some prefer commemorative coins from 1892 – 1954 while most collectors choose the modern editions. They know that these coins have different values depending on the series and/or editions.

Although there have been different series released, a proposal was submitted to congress that would mark the Lincoln cent for his birth anniversary. No one knows whether or not the 1-cent denomination commemorative coin will be minted.

The confusing part of these commemoratives that are circulating is the pattern of the denomination. The 1776-1976 commemorative half-dollar and silver dollar may not be included in collections because of their scarcity. Most of the coins that are circulating are the quarter dollar coins. It should be an interesting development for the proposed circulation of the one cent commemorative coin.

Some Tips On Collecting Canadian Silver Coins

More and more people are now becoming actively involved with Canadian silver coin collecting, and one of the reasons is that like the American Dollar, Canadian paper money has deflated in value by as much as between twenty-five to thirty percent over a relatively short period of time. This increased interest in Canadian silver coin collecting has led manufacturers of Canadian coins into making a variety of coins that it is hoped will make up for the loss in value of paper money.

Canadian Maple LeafCanadian Silver Maple Leaf coins are one of the world’s most recognized silver bullion coins. First minted in 1988 and struck every year since, silver Maple Leaf coins contain one troy ounce of pure silver. Minted in .9999 fine silver, Canadian Silver Maple Leafs are among the purest of all silver dollar-sized coins minted by any government. Maple Leafs are magnificently designed, with attention to every intricate detail. This has made the Silver Maple Leaf highly desirable by investors and collectors alike.

More on Some Tips On Collecting Canadian Silver Coins

The American Eagle Silver Dollar Coin

American Eagle Silver Dollars are authorized by Congress and produced by the United States Mint at West Point, New York and are legal tender coins with a face value of one dollar (though they are worth considerably more since the market price of one ounce of silver has been many times greater than one dollar for more than four decades). Unlike silver medallions, silver bars, or art bars, American Eagles are Official Legal Tender guaranteed by the U.S. Government as to silver weight and silver purity.

Since the first day American Eagle Silver Dollars were released in 1986, they’ve been the most highly prized and most popular Silver Bullion Coins in the world! Many consider the design of the coin to be one of the most beautiful coins ever produced. Requiring no assaying, American Eagles are easily converted to cash at any time.

American Silver Eagle

The obverse (front) of the coin features Adolph A. Weinman’s stunning Walking Liberty design originally used on U.S. Silver Half Dollars from 1916 through 1947. The reverse design is a rendition of a heraldic eagle by John Mercanti and also features a shield, with 13 stars, representing the 13 original American colonies, positioned above the eagle’s head.

Highly prized for their historical beauty and pure silver content, American Eagle Silver Dollars are the largest Silver Dollars ever issued by the U.S. Mint. (These are impressively large and substantial coins.) By law, each coin contains one full troy ounce of pure silver. Each coin contains 1.0000 troy ounce of 99.9% pure silver and is 40.6 mm (1.598 inches) in diameter.

Every Silver Eagle is a work of art, minted to exacting standards by the United States Mint. These classic coins are among the most affordable ways to own government minted bullion coins.

These coins are commonly used as investments or gifts or collected or as protection in case of national disasters or bank failures.

Note: SILVER COINS ARE STANDARD RECOMMENDATIONS FOR ALMOST ALL SURVIVAL AND NATIONAL DISASTER SITUATIONS WHEN BANKS MAY FAIL OR CLOSE AND PAPER MONEY IS USELESS – ONLY SILVER AND GOLD IS ACCEPTED EVERYWHERE IN EVERY EMERGENCY.