Coin dealers, just like any other type of dealer or business, requires stock that they can sell to the public. Rather than obtaining or acquiring their stock from a factory or manufacturer however, they obtain their coins from the public instead. Classic types of rare coins have to be acquired from more advanced collectors or from auctions but lesser rare coins can still show up just about anywhere including in your normal pocket change. Below are some coins that are often ignored by your average person despite being capable of bringing in real money, should a hobbyist notice it and offer it for sale to people interested in rare coin collecting.

If it weren’t for the diligence of some rapid coin collectors interested in rare coin collecting, many of the coins in the following list would go completely unnoticed. These coins are often found by way of careful scrutiny.

• The 2004 Wisconsin State Quarter, on coins featuring an extra leaf.

On some of the Wisconsin quarters minted in 2004, there is an extra leaf either below the corn husk or at the very base of the husk. The value of these coins ranges from $50 to $100 dollars.

• The 2000-P Sacagawea Dollar from Cheerios

These coins were placed randomly in a number of Cheerios cereal boxes after being packed in protective plastic sheets. These coins exhibit more detail than the later production coins. The value of these coins is as yet undetermined.

• The 5c Doubled Monticello from 1939

This is a 1939 Jefferson nickel, and while this coin is relatively easy to find, locating the doubled die reverse is not going to be as easy. The value for these coins is between $30 dollars and $500 dollars depending on the quality of the coin.

• D/horizontal D 5 cent piece from 1942

This Jefferson coin is not the same Wartime silver alloy, but rather it is the previous variety which is a copper and nickel alloy. More than 14 million coins were minted, which was a fairly large mint for the time period. The coins struck from the die with the error are relatively elusive, but still possible to be found. The value for these coins is between $30 dollars and $500 dollars depending on the quality of the coin.

• The 1955 Double-Die Cent

This is perhaps the kind of the doubled dies, as it has spectacular doubling. They were originally discovered in coin rolls. Nearly the entire output from the improperly struck die managed to reach to circulation, so you will really never known when one of these true beauties is going to show up. The value for these coins is between $500 dollars and $1,500 dollars depending on the quality of the coin.

Photo Credits: Abhijit Tembhekar

Originally posted 2009-10-10 03:18:17. Republished by Blog Post Promoter

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Collectables -> Casino -> Chips

Casino chips, also known as casino tokens or checks, are the small round pieces that are similar to coins but only used as money inside casinos. They’re usually made from molded plastic, clay or metal are are used at the table games inside a casino, not in the slot machines where metal token coins are used. Casino chip collecting is a part of coin collecting, and a very popular hobby among coin fans, though some people who don’t collect any other type of coin collect chips because of their variety of designs and colors.

When people go into a casino to play, they exchange money for casino chips. Though these chips have no value outside the casinos (except from collectors who might want them) they’re the only currency valuable inside the casino itself. The chips can be stacked and quickly counted, and a stack takes up much less than room than paper money would. They’re also more difficult to counterfeit than regular money.

A few other reasons gamblers have to use casino chips instead of money are that the dealers are less likely to make a mistake because of the uniform size of the chips and the ease of counting stacks. This uniform size and weight (in early chips, modern ones vary by weight) also allowed them to be measured in bulk without counting individual chips. The size allows “chip trays” to be used for quick counting, where the chips are pushed into grooves in bulk to measure large amounts. And finally, our nature allows us to more easily gamble with and lose a representative of our money, like casino chips, than we would with real money. It’s a psychological truth that greatly benefits the casinos.

For collectors, casinos often sell custom-made sets of their casino chips, along with one or two card decks bearing the casino stamp in a small collector’s box. The Casino Chips & Gaming Tokens Collectors Club was founded in 1988 as a central meeting place and club for those who make chip collecting a hobby.

Online auctions like eBay are great places to find collectible casino chips. The older harder-to-find chips are of course worth more, like some of the mostly clay composition poker chips used by casinos from 1880 to the late 1930s. These are worth more than the current ABS plastic chips used today. Ceramic chips were introduced in the 1980s are still used throughout casinos today, as well.

The inlay, or the printed graphics on casino chips, is one of the appeals for collectors, because of the variety of the beautiful designs available. It’s often very high-resolution and detailed artwork, a feature which not only adds to the visual appeal of the chips, but makes counterfeiting almost impossible. Some designs are actually inlaid coins of some type, which add to the weight of the chips. Some casinos even used plaques rather than round chips for higher value dollar amounts, and these are more rare than round chips and popular with collectors.

Photo Credits: banspy

Originally posted 2008-11-03 05:00:52. Republished by Blog Post Promoter

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Money -> Coins-Canada -> Fifty-Cents

If you’re a coin collector, specifically a Canadian coin collector, you might enjoy looking for a 1971 Canadian fifty cent piece to add to your collection. The trick to this is finding the right fifty cent piece to know whether the coin is worth merely 50 cents, or if it’s a more valuable one that could be worth a little bit more, maybe two dollars or more, depending on the current price of silver. The real value in these coins isn’t the monetary value, though, rather it’s the value for collectors when they find this fairly uncommon coin.

Rarity isn’t the only factor in rating the value of a coin, or almost all Canadian fifty-cent pieces would be worth more. A Canadian fifty-cent pieces, whether it’s a silver minting for collectors only or one designed for general circulation, has much the reputation in Canada as the $2 bill does in the United States. They’re both real money, but some people doubt their legitimacy because they’re rarely seen and not commonly used. The 1971 Canadian fifty cent piece is distinguished from other fifty cent pieces only because it’s a silver half-dollar produced when other half-dollars were alloys.

Ironically, even though some people look at a Canadian fifty cent piece and wonder if it’s a real, legitimate coin, the fifty cent piece was the first coin the Dominion of Canada ever produced. The first domestically minted Canadian coins were fifty cent pieces featuring an effigy of King Edward VII, struck in 1908. The reverse of the coin features Canada’s Coat of Arms. Canada still produced fifty cent pieces today, but they’re still rarely found in regular circulation because most Canadians, when presented with one, keep it because of its rarity. The 1971 Canadian fifty cent piece is, of course, more worth keeping than any of the others because of its silver content.

By 1971, Canadian half-dollars were made from a nickel alloy, with no silver content. But in April 1971 they minted some silver fifty-cent pieces designed for collectors specifically, and not intended for general circulation, even though they bear the same value as other fifty-cent pieces as far as currency is concerned. Even despite its silver content, though, this fifty cent piece isn’t necessarily a great investment coin—gold bullion coins are for more valuable as investments—but it can be an interesting addition to a collection of coins from Canada or all over the world.

If you’re looking for a 1971 Canadian fifty cent piece, the chief thing you’ll need to ask is whether the coin is a standard half dollar or a silver half dollar. If the seller is unsure and the picture is unclear, you may want to purchase the coin elsewhere, because the fifty cent pieces from various years look virtually identical, giving them each very little value as collectibles. The coins are probably best found in uncirculated condition, usually sold individually rather than in lots, because they were designed as collector items.

Originally posted 2008-11-19 14:00:30. Republished by Blog Post Promoter

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