Entries Tagged 'Antique Coins' ↓
December 10th, 2011 — Antique Coins, Buying and Selling Coins, Coin Collecting, Finding Coins
There are many different coins which are available for you to purchase so that you can add them to your collection. These coins can be found in a variety of different places. Many times it just takes some ingenuity to find the coins that you want to buy. One of the greatest locations you will be able to find the coins you want to purchase is at estate sales. These are the sales of homes and grand estates of the rich and famous. This is the kind of sale which made it possible for the 1933 Saint-Gaudens Double Eagle to re-emerge.
The first thing you need to when finding antique coins at estate is being able to find the estate sales in the first place. Once you find the sales you will need to make sure that you will be able to get involved in the estate sale. At last once you are at the sale, you will have to endure the auction which will make it possible to purchase the coins that you want. The good news is because you are not buying from a person, there is no way that they will drive the price up.
Finding the Estate Sales
The best way to find out about estate sales is to pay attention to the death announcements for those who are known to have large coin collections. You are sure to find antique coins at these sales because the coin collections are rarely if ever passed along to heirs. This will allow you to be able to get the coins that you want as long as you are able to get your foot in the door. Wouldn’t you know it that is the next part of the plan.
Getting into the Sale
The difficult about buying antique coins at an estate sale is getting involved in the sale in the first place. This is normally possible if you are able to show that you are an avid coin collector and that you have sold the deceased pieces in the past. You can also find out other relations which you can manipulate to get your way through the door to the sale. Just do not try to crash the gate. If you are lucky you will find that the sale is open to the public or at least to numismatics. This way you will be able to get in.
Going Through the Auction
For many, the hardest thing you can do at an estate sale is to go through the bidding process at the auction. This is because when you see some the antique coins you are likely to lose your head. The best solution is to scope out the coins you want before the auction starts. Give yourself limits to how much you are allowed to spend so that you will be able to stop yourself if the bidding should get to be too high for your budget.
Photo Credits: Ivan Walsh
Originally posted 2010-08-11 03:46:44. Republished by Blog Post Promoter
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December 7th, 2011 — Antique Coins, Coin Collecting, Coin Molds
The world of coin making has changed a lot over the years. What was once a long drawn out process of several strikes with a large hammer and a cast was changed into something which could be done with one strike of a machine thanks to the use of hydraulics and the use of better casts. The molds which were used to make the antique coin is something which was very different than what you see today. This has caused the coins to be more valuable as well as the mold itself.
When it comes to the molds for antique coins, everything had to be held in place so that the coin would not slip as it was being struck. This caused considerable wear on the coin mold. There were stabilization efforts made so that the coins would not be lopsided. Eventually the molds were made so that they would be able to strike more than one coin at the same time to save time and labor. These molds not only were unique because of the way that they were created. The molds were unique because of the kinds of coins which were cast.
Worn Out Molds
When the molds were used a few times they were not able to keep the look of the coin anymore. This is why some antique coins from the same minting have more relief than others. The material used was later changed so that they would not get as work out as quickly. Until that time the molds were broken at the end of their useful cycle so that no one else would be able to use the molds to try to counterfeit the antique coin.
Stabilization Efforts
In an effort to keep the antique coins from being lopsided, the mint started using stabilization methods. These included a rod and shaft. The rod would go into the shaft and it was used to stabilize the die so that when the coin was struck it would not be lopsided like so many of the coins previous. Of course even with this new technology all the coins were still struck by hand and the process was remarkably slow. With several strike necessary, you would get the opportunity for worn out molds and worn out laborers.
Dual Coin Striking Efforts
In an effort to save some time and labor when making an antique coin, there was a cast which was made that would allow the mint to strike more than one coin at the same time. While this seemed like a good idea at the time, it did not really save that much time. This was because the laborer still had to hit the cast a certain number of time per coin. The only difference was that now they did not get the break in between when the new round was inserted to the die to strike a new coin. The molds are still fun to look at.
Photo Credits: seriykotik1970
Originally posted 2010-08-10 18:45:59. Republished by Blog Post Promoter
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November 23rd, 2011 — Ancient Coins, Antique Coins, Coin Collecting
Collecting is something that many different people enjoy doing. It is something that you will be able to enjoy no matter whether you are looking to get the most out of it as a hobby or you are looking to enjoy it as a way to make money. Of course, there are many different ways that you will be able to collect everything that you are looking to collect. If you are looking to buy antique coins, you will need to be able to learn the antique coins value. This is possible as long as you are making sure that you will be able to get all of the right kinds of information.
In order to get all of the information that you will need to know about antique coins value, you will need to know where it is that you will be able to look. Of course, you will also need to know what affects the value of the coins that you are looking to purchase or what you already have in your collection. Among the many different things that you will need to know about is the way that the coins were made. You should also know some of the surrounding history of the coins. Additionally, you should know anything which will affect how rare the coins are.
How Your Coins Were Made
Whenever you are dealing with antique coins value, you will need to look at the way in which the coins were made. There has always been a new technology which will affect the ability to produce the best possible looking coins. While many which first started were pressed using a mold while the coin was hot, there have been many throughout history which were pressed using the pressure of a hammer. Learning this will help you to be able to increase the value of what you have.
Get to Know the History
There are many different things which will happen throughout history which will allow you to be able to have the antique coins value affected. These different things will include all of the different ways in which the coins might have either have been recalled by the issuing government or that they might have fallen out of favor by those who used them every day. It is important that you also know about something which might have happened which will make the coins that you are collecting even rarer.
Learn the Rarity of the Coins
Whenever you are looking at the rarity of these kinds of coins, it is easy to see how it will affect the antique coins value. It is important that you are able to learn everything that you will need to know about the way in which you will be able to get the information that you are looking for. This includes the ability to be able to learn everything that you are looking to learn through the different websites which have been established.
Photo Credits: Lars Plougmann
Originally posted 2011-07-25 09:29:10. Republished by Blog Post Promoter
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