The wide variety of coins and paper money that can be added to your collection come in the forms of both easy-to-access money and rare coins. Rare coins are a special part of coin collecting, providing individuals with goals to set and coins to chase.

There are some coins that are more rare than others, making them more elusive and more interesting. Having information on these coins will help you to understand their history and to understand exactly what is so unique about the coins. These are just some of the rare coins that you may want to add to your collection.

1943 Copper Penny

Wars tend to bring out interesting pieces of money for collectors, and the 1943 copper penny is no exception. The penny was created during the Second World War – a time when copper was rationed. Most were made out of brass and steel, but some were made out of bronze. Those that were made out of a bronze/copper alloy are incredibly rare.

Morgan Silver Dollars

Morgan Silver dollars come from a wide variety of years, ranging from anything from 1879 to 1921. These are considered to be some of the strongest coins for coin collectors in the United States and abroad. For one, the coin is known as incredibly rare. No matter the year, these different coins are hard to get a hold of. And add to your collection. There are some that are harder to get a hold of than others, like the 1895 Morgan Silver Dollar. These coins generally did not see circulation, meaning that most of them are in mint condition. This simply raises their value and cost.

The $20 Double Eagle

The United States minted Gold Double Eagles, coins that were worth $20 and were made out of a 90% gold alloy. The coins were put into circulation from 1850 to 1933. These coins have become incredibly rare, and are some of the most sought after in the world. The 1933 has the special distinction of being the hardest to find. This was the final year of the Double Eagle, a year that was never supposed to actually see circulation. Anyone who holds this coin will hold a pricey piece – the last coin found went up for auction and sold for nearly $8 million.

You do not need to try to add these coins to your collection to be able to have a good and strong collection. These are simply some of the coins that serious coin collectors enjoy hunting for. These are prized possessions that are for those who are serious about coin collecting, looking past values in an attempt to simply have coins that make them happy. If you want to have a collection that makes you satisfied and engaged, look into these rare coins and find the ones that you would like to hunt down for your collection.

Photo Credits: jwinfred

Originally posted 2010-12-27 03:00:05. Republished by Blog Post Promoter

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Any time you collect things, there is a time in which you will have to sell them. This is never easy as you might have an attachment to the piece itself or you may just have a difficult time making sure that you are getting the right price for the piece that you have. Whenever you are getting ready to sell coin paper money, there are a few things that you will have to keep in mind. This will help to make sure that you are getting the right value as well as making sure that you will not be haggled on the price.

In order to make sure that you are selling anything from your coin paper money collection correctly, you will need to make sure that you are first getting the grade right. Additionally, you will need to make sure that they are properly protected. Of course, you should also know where it is that you will be able to sell these things at. This will help you to be able to get the kinds of prices that you are looking for on your collection. You will not have to worry about getting ripped off in the process.

Get Your Collection Graded

It is possible for you to grade coin paper money at your home with some degree of accuracy. There are books and websites which are dedicated to helping you with being able to determine the value of certain things. They will tell you about what kinds of characteristics to look for which will change the grade. Of course, still the best way that you will be able to grade your coin paper money collection is to make sure that you are having it graded by a professional organization like PCGS.

Protect Your Collection

If you have your coin paper money collection professionally graded, they will often protect them in a sealed container for you. Of course, there are other kinds of containers that you can buy for paper and coin currencies. These will help to make sure that the value of the currency will be able to remain the same. It will also help you to be able to assure those that you are selling to that you have taken every step to make sure that the currency remains in the best condition possible.

Where to Sell

Of course, the most important part of selling anything is actually selling it. This is why it is a good idea to know where you can easily sell items from your coin paper money collection. One of the best ways that you will be able to sell these is in person to another collector. You can also sell at collector’s shows. Additionally, you can sell them to collector’s shops which might exist in your town. If you choose to sell online, make sure that your coins are professionally graded so there will be no way to dispute the value of the currency that you are selling.

Photo Credits: montuno

Originally posted 2011-06-08 03:05:36. Republished by Blog Post Promoter

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Money -> Paper Money: World -> Canada

Canadian paper money has an interesting history. If many of us were handed an example of the first Canadian paper currency, we wouldn’t recognize its significance. That’s because the first bills issued in Canada weren’t printed bills at all because paper was an expensive and somewhat scarce commodity. In 1685, Jacques de Meulles,the intendant of the French colony in North America, needed money to pay troops. He gathered playing cards, signed them, put his seal on them, and distributed them. He made this card money legal tender and required merchants to accept them. The rarity of these cards today make them highly valuable, so they’re generally only found in museums.

Canadian paper money issued in the 1800s is unique in that different bills were issued by different provinces. The Island of Saint John (later known as Prince Edward Island), Nova Scotia, British Columbia, Newfoundland, Canada and Alberta issued separate bills. All of these monies are rarely available to collectors, including British Army Bills that were issued between 1813 and 1818 as a an emergency because of The War of 1812. They’re all highly valuable and extremely rare, though occasionally Newfoundland bills and some Alberta bills from 1936 become available. Municipal notes, like those issued beginning in 1821 in Saint John, New Brunswick, are also very rare and hard to find.

Bank notes are the most readily available collectible Canadian paper money, though certain specimens are still very difficult to find. But bank issues are the best place for beginning collectors to start, and the best way to enhance an existing collection. Proof and specimen notes do show up in auctions occasionally, but they’re very rare and command high prices. Notes with the lowest serial numbers were usually kept as souvenirs by banking insiders, making them rare and valuable today.

Notes issued during 1837 and 1838 were often distributed by merchants who were sympathetic to the Patriots, because there was a limited amount of coins in circulation. These are great for Canadian paper money collectors, especially those interested in Canada’s history. They’re readily found in online auctions in varying conditions, and while some specific examples might be rare, even these usually spring up and become available at less cost than other rare types of notes.

While they never had monetary value and weren’t technically Canadian paper money, notes issued by business colleges in the late 19th century and early 20th century were used during training. And merchant advertising notes that also had no value, but are also an interesting part of Canadian history, are highly collectible today.

Old Canadian paper money can rarely be found in anything better than fine condition, with most of the older and more scarce bills usually in much worse shape. When looking at money to purchase, certainly the condition is important, but since so much of the older currency is in less than fine condition, a collector shouldn’t pass up the opportunity to purchase even a worn but older and possibly hard to find bill.

Photo Credits: meddygarnet

Originally posted 2008-10-12 14:00:05. Republished by Blog Post Promoter

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• 4 Things to Know about Collecting Old Paper Money If you are looking to start an interesting currency collection, you should look into collecting old paper money. Unlike normal coin collecting, collecting paper money is a little more time intensive, labor intensive, and rare. You must work harder for the collecting and to keep the collection both safe and......
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Old paper money is something unique and interesting to collect, featuring tons of variation and tons of history that can be incredibly intriguing and exciting. There are some who collect paper currency who stay away from old paper money, any coin collectors who stay away from paper money as a whole. They think that old paper money is too expensive and too difficult to find.

There are plenty of places for you to find old paper money, and plenty of places to find that money at reasonable prices. These different tips will help you to find the old paper money that you have been looking for.

Talk to Coin Dealers

The first group of people that you will want to talk to as you work to find old paper money is coin dealers. You want to talk to them because of the various connections that they have in the world of collecting money. They will be able to talk to you about exactly who you need to talk to when looking for old paper money. They may even give you some personal recommendations, getting you in with some of the more powerful collectors and dealers in your area.

Go to Shows and Conventions

Money collecting shows and conventions are going to be perfect places for you to look to as you work to find old paper money. Plenty of paper currency dealers and collectors frequent these shows, giving you a wide variety of people to talk to and a wide variety of old paper money to choose from. You can generally work prices down lower when at a convention, as the traffic booths see allows dealers to go lower than they would usually go.

Use the Internet

You can easily use the Internet to find the different money collectors and money dealers in your area. You will be able to email these individuals and businesses directly to understand what type of old paper money they have available, saving yourself from having to visit each coin collecting business.

Buy On the Internet

You can now find old paper money available through online auction websites and the such. You simply need to work to find reputable sources that are not going to try to rip you off. Online reviews will help you to better understand which online websites and auction dealers are reliable. This should be your last ditch effort to find paper money, however, as you never know what the state of the paper currency is until you actually pay for and receive the old paper money.

There are places for you to find old paper money and there are ways for you to find that paper money for less. You simply need to know where you need to look to find the great deals on this interesting and historic money. Take the time to seek out these locations through these tips. You may be able to add incredible pieces to your collection, rounding out your already interesting and unique paper currency collection.

Photo Credits: Nate Hofer

Originally posted 2011-02-09 03:42:31. Republished by Blog Post Promoter

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If you are jumping into the world of coin collecting or are thinking about expanding beyond your coin collection, you are going to look to paper money collecting. Paper money collecting can be just as interesting and just as unique as coin collecting. With that being said, the world of paper money is completely different than coin money.

There are a couple of things that you want to consider if you are going to debate a paper money purchase. Taking the time to think about these various aspects of paper currency collection and the purchase that you are thinking of making will help you to make the right decision.

The Cost

The first thing that you are going to want to consider when debating a paper money purchase is the cost. You truly need to sit down and think about the purchase that you are about to make and how it will affect your budget. If you do not think you have the money to spend on this particular piece of money, do not do it.

You also want to think about cost in terms of value. You want to look into the actual value of the paper money that you are thinking about buying. You should never overpay for paper currency, as you will find that you lose money on the investment in the long run.

The Rarity

If you find yourself debating a paper money purchase you need to think about the rarity of the paper currency you are thinking about buying. If a piece is incredibly rare and is a piece you have been looking for, you may want to make the purchase right away. If it is a form of paper currency that you find all of the time, you can pass it up and know that you will eventually find it again when you are ready to make that purchase.

Your Collection

It is important for you to think about your entire collection when thinking about a paper money purchase. You need to think about whether or not it is a necessary purchase for our collection, and whether or not it is going to enhance your collection. If you think that the paper currency is not going to add any important value or interest to your collection, why make the purchase in the first place?

You need to take all of these different factors into consideration before you make your final decision about the paper money purchase. You may find that it will be the perfect addition to your collection, or may find that you should not spend the money on this particular piece of money at this time. Be sure to take the time to think about these various factors each and every time you consider one of these purchases. It will help to ensure that you do not spend too much money or make an unnecessary purchase for your collection.

Photo Credits: epSos.de

Originally posted 2011-01-31 03:25:15. Republished by Blog Post Promoter

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It can be easy for many to collect U.S. Currency, but somewhat difficult for these same people to collect foreign currency. Foreign currency provides an interesting spin to coin collecting and paper money collecting, but can be difficult for some to obtain. While some stores carry foreign currency on a regular basis, others do not.

There are a couple of different tips and tricks to follow if you are thinking about expanding your foreign currency collection. These are just some of the many different ways that you can expand your overall collection.

Travel

If you are trying to find coins from a specific location of the world, you may want to travel to that part of the world. If you are simply interested in starting a foreign currency collection, start to collect money from the places that you are visiting for different reasons.

It is much easier to find older coins and older pieces of paper currency of international origin when you are actually visiting international places. If you are thinking about traveling and thinking about picking up some coins you are going to need to bring extra money with you. Prepare for the extra expenses to ensure that you are not strapped for cash as you travel.

Talk to Friends Who Travel

If you have friends or work colleagues that travel internationally, talk to them about your coin collection needs. You may be able to give them money in hopes of finding some different coins or paper money in the area. If you are just starting your foreign currency collection, simply give them some money and ask them to exchange it when they arrive at their destination. This is a quick and easy way to get together all of the current currency of a country without having to leave the comfort of your home.

Budget

If you are looking to expand your foreign currency collection you need to set a budget. While some see a budget as restrictive, others see it as a way to make faster purchases. If you have a specific budget set for your foreign currency collection you are less likely to balk at a purchase. If you have the money in your budget for the coin or piece of paper money, you will act quickly to purchase it and add it to your collection. A budget will help you to stay on track monetarily and will help you to expand your collection.

There are going to be plenty of other ways for you to expand your foreign currency collection and get the coins and paper money from around the world that you seek. These tips are for both the incredibly passionate and the slightly interested, as you can tailor your actions to your needs and your passion for foreign currency. Something like setting a budget is perfect for all levels of interest, while traveling is something that is more for those who are serious about their collection.

Photo Credits: Homini:)

Originally posted 2011-02-02 03:31:25. Republished by Blog Post Promoter

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Coins and Paper Money -> Paper Money – World -> China

The Chinese actually invented paper money, and the process of making it dates back to the early 9th century. Collectors are always seeking Chinese paper money due to its rich history and value, and this is a currency that is very unique. Although it is nearly impossible to find many of these notes outside of a museum, Chinese paper money is very popular and if you can get your hands on a note, you may have a treasure on your hands.

Chinese paper money was originally called “Flying Money” because it was so light, and if the owner did not hold on to it, it could easily blow away. The first notes were made from very delicate paper and they were used almost like IOUs. The owner would write down on the note what they were willing to pay for something, and the recipient could then take that to the bank to cash it. This bank draft system is very similar to our own checking system now.

Chinese paper money changed slightly when the Mongols took over. Instead of paper, the notes were then produced from silk and they were backed by a silk standard, much like the gold standard that would later be used in the Western hemisphere. This was a new idea, and in order to use the notes, the owner would have to actually deposit a set amount of silk yarn in the bank.

The silk form of Chinese paper money endured, and was used throughout the world. It has been discovered in far flung parts of the world by archeologists, but it is very rare to find any that are available to private collectors. After this period in Chinese history, the Ming Dynasty changed the currency, moving back towards paper.

The main problem they faced with this new Chinese paper money was that there was only one set denomination. This forced many to rely on coins since the notes were hard to use for smaller purchases. Due to these problems, paper money actually fell out of use and inflation rose. It wasn’t until modern times that paper money would return and become widespread.

We can thank the Chinese for our current paper money system and their innovations which are centuries old are still in use today. Collectors of Chinese paper money will typically be able to find notes for sale from other private collectors or at auctions. The advent of the internet made it easier to locate many of these notes and business is booming on online auction sites.

For those interested in collecting Chinese paper money, it is best to find notes that are in good condition. The most common are the ones from the Ming Dynasty period, but every once in awhile you can find older notes. The paper is very thin, so these notes should be treated with extreme care and sealed off from air and dust. They are an important part of monetary collectibles and should be treasured as such by collectors.

Photo Credits: kevindooley

Originally posted 2008-09-29 14:00:46. Republished by Blog Post Promoter

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Coin collecting is an interesting and unique form of collection in the sense that people spend money to acquire pieces of money that are rare and no longer created. The cost of coin collecting is obvious in the sense of actually having to take the time to purchase different coins. Beyond that, hidden costs can change how you feel about coin collecting.

You need to focus in on exactly how much this form of collecting is going to cost you before you actually choose to start collecting coins. Taking all expenses into consideration will help you to jump into your collection in a strong and confident way.

Cleaning

Cleaning accessories are accessories that you are going to need to factor into your budget as you think about the cost of coin collecting. Every coin collector is different and is going to want to use different cleaning methods to keep their coin collection looking as good as new. You need to think about all of the different cleaning options that you have, and what options work best for you. Then, take a trip to your local store to find out how much all of those different accessories cost. Some will be surprised at how cheap it is, while others will not have expected any of that initial cost in the first place.

Accessories

You need to think about all of the different collection accessories that you are going to need to use while collecting coins. You are going to need cases for individual coins and for individual paper money pieces. You are also going to need larger cases that hold all of the different coins that you have. Finally, you are probably going to need to factor in some form of record-keeping system. While you may keep it on your computer, you will want some form of hard copy in a protected binder. This helps you to keep track of what you have and help others to understand what you have should you need to pass your collection down to a family member.

Purchases

The major cost that comes from coin collecting does come in the form of the actual purchase of the coins and paper money pieces. Future coin collectors should understand that some pieces are going to be more expensive than others, and that some pieces can cost hundreds or thousands of dollars. Take the time to look into the costs of different coins at local coin collector shops to see exactly how much you may spend for the coins you want.

You need to take into account the amount of money that you will spend on the various currencies that you want, and must take into account the cost of collection accessories. If you can factor in all of these different costs and still afford to run your collection, you will be able to enjoy your collection to the fullest.

Photo Credits: Cycrolu

Originally posted 2011-01-24 03:21:45. Republished by Blog Post Promoter

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Coins and Paper Money -> Paper Money: US -> Colonial Currency

If you are interested in collecting paper money, Colonial money is one of the hottest tickets going right now. When the first US colonies were formed, the nation and its currency system were still in their infancy. It was decided that paper money would be used, and gradually, currency was printed and distributed for use. Today, colonial money is usually worth much more than its face value, provided that it is original and not a reproduction. Here are some tips on how to tell whether or not you have an authentic piece of colonial history.

1. Check the Signature

Colonial money was always designed to have at least one signature on the note. You may need to look carefully to determine whether or not a signature is present, but if you can’t find even one, chances are you may be dealing with a reproduction. The color of the signature should be in red ink.

2. Is it Numbered?

Colonial money was always numbered to help them keep track of how many bills were in circulation. Once again, if you are dealing with an authentic note the ink color will be red and the number will be very noticeable. Age made have faded the note slightly, but you should be able to tell that the ink was once a red color.

3. Look at the Writing

Typically, colonial money featured a handwritten signature, and some bills may have other handwriting on them as well. This is actually quite important, and is a big clue to the authenticity of the note. If the handwriting is the in the same color as the rest of the bill, there is a very high chance that you are in fact dealing with a reproduction.

4. Look for the Stamp

In most cases, reproductions that are intended merely for home use will carry a stamp that says “facsimile.” This is done to help people get a better idea of the colonial money that was used, but they are not intended to be collector items. While some reproductions may not have this stamp, the majority should.

5. Find the Watermark

Even in the height of the colonial period, when technology still was struggling, watermarks were added to bills to help determine whether or not they were authentic. You can use that same watermark to help you determine whether or not you have authentic colonial money on hand. Hold the bill up to a light source to see if you can spot the watermark. If you can’t chances are you have a reproduction.

6. Take it to an Expert

If you plan on investing in a colonial money note, it is best to have it examined by an expert to determine the authenticity of the note. They will be well versed in the different types of ink, the different plates that were used, as well as how real colonial money should look. There is no substitute for getting an expert’s opinion, especially if you will be investing in colonial money.

Photo Credits: woody1778a

Originally posted 2008-09-11 14:00:01. Republished by Blog Post Promoter

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Coins & Paper Money -> Bullion -> Silver

People buy silver bullion coins for a few different reasons. Some buy them because of the precious metal content as an investment and buffer against inflation. Some people buy them because they fear that one day our popular currency will become worthless, and they want to be prepared with the only kind of money that would likely be worth anything in that case. They know they could use gold and silver coins to barter for goods and services if paper money were repudiated. And some buy bullion coins because they’re coin collectors and they want to add these brilliant pieces to their collections.

If you want to buy silver bullion coins for investment purposes, then your true investment in the silver lies in not how many coins you buy necessarily, but how many ounces of silver you end up owning because of those coins. In this case, it doesn’t matter if the coins can be used as currency, so foreign coins which contain high amounts of silver are as good an investment as United States coins, or vice versa, depending on where you live. The age of the coins is irrelevant, too.

Silver bullion coins minted since 1965 contain stamps showing the purity of the silver within them and the silver coins pre-dating this do not, but that makes them no less valuable as an investment. Many people think the only silver bullion coins used in the US are dollars like the 1 ounce American Eagle, which is a popular collector’s coin. But before 1965, several types of coins contained 90% silver, like dimes, quarters and half-dollars. These and coins like the American Silver Eagle, which contains 1 ounce of pure silver, are a good investment and in a worst-case scenario where the value of paper money dropped substantially, these coins could be used as money.

Survivalists who invest in silver bullion coins typically purchas as many coins dating since 1965 as possible. They believe that it’s likely that one day our money system will collapse and the only real currency that one could survive on would be silver and gold bullion. Since the silver content is stamped on each coin produced since 1965 showing that it’s an ounce of pure silver, they believe that it will be easier to get people to accept those coins as payment in the event of a financial collapse. For these purposes, they’ll typically buy $1000 face value bags, or bags in smaller increments, rather than individual coins.

For collectors, the earlier coins are often considered junk coins, because they have little numismatic worth. Silver bullion coins for collectors are typically silver proofs or coins in Brilliant Uncirculated condition, only if they really want the coin and can’t acquire a mirror-like proof. If you’re looking on eBay for collector coins, a popular place to find them, you’ll need to do some research on the individual silver coins so you can tell the difference between BU and proofs, as often they look similar.

Photo Credits: hardwarehank

Originally posted 2008-10-27 14:00:50. Republished by Blog Post Promoter

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