Coin Collecting

The United States Mint gains authorization from the United States Congress to produce what are known as commemorative coins, which are produced rather regularly throughout the years for a myriad of different purposes. These coins are produced to commemorate, to celebrate or to honor people, events, places and institutions for a number of reasons. When it comes to commemorative coins and coin collections, these coins are typically divided into two different eras, Old and Modern. Old commemorative coins are coins between 1892 and 1981, and Modern commemorative coins are coins from between 1982 and present day.

There have been a wide variety of different people that through the years have been memorialized in the form of United States commemorative coins. Benjamin Franklin, Thomas Edison, Leif Erickson, Christopher Columbus and Chief Justice John Marshall are all examples of people that have been commemorated in this fashion. Ulysses S. Grant, Queen Isabella of Spain and Daniel Boone have also been commemorated in this way in the past as well.

There have also been a number of places that have been honored through the creation of commemorative coins, including the White House, West Point and the Smithsonian. The White House was honored with a 200th Anniversary commemorative coin in 1992. The West Point military school was honored in 2002 for their Bicentennial. The Smithsonian was honored in 1996 for their 150th anniversary.

There have also been a number of events that have been honored through the creation of commemorative coins. The Korean War was commemorated in the form of a Silver Dollar in 1991, and then the Vietnam War received a similar Silver Dollar commemorative coin in 1994 after its memorial’s 10th anniversary. These commemorative coins were created not only to commemorate the creation of the memorials, but also to honor the men who died during those wars.

The Statute of Liberty has also been honored through the creation of numerous commemorative coins. In 1986, three commemorative coins were created to honor the Statue of Liberty, including a half dollar coin, a silver dollar coin and a $5 golf coin. The Statue of Liberty is not only a place worthy of being honored, but the commemorative coins are also meant to honor freedom, democracy and the gift from France to the United States represented by the gift of the statute.

Collectors may choose to collect different commemorative coins depending on what concepts their collections are aimed to symbolize. There are commemorative coins for many different purposes including the Olympic games, the bill of rights, World War II, the civil war battlefields, the Bicentennial of the constitution, desegregation at the Little Rock Central High School, the first flight on the behalf of the Wright Brothers and many others. No matter what type of coin collection you are creating, there are commemorative coins that will fit right in.

Photo Credits: kevindooley

Originally posted 2009-06-27 05:43:11. Republished by Blog Post Promoter

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Coins have been treated as a method of currency for as many as thousands of years now. Collecting these little pieces of ancient history has become an extremely popular past time among many people. For many people, the idea of ancient coin collecting has become a true passion as well as a real life hunt for treasure. Because it is relatively inexpensive for a ancient coin collecting hobby to be started, you can collect a myriad of different ancient coins from all over the globe as simply as logging into the internet.

With the large variety of different types of coins that are available, from modern coins to ancient ones, it is important that you select a specific category of coins that you want to collect. You may choose ancient coin collecting or you may choose some other type of collecting depending on what you are interested in.

When getting into ancient coin collecting, what you should do is to gather coins that come from either a certain country, or a specific period of time. There are a number of inexpensive coins that you can fall back to in order to get started without spending a lot. Some examples are:

• The British Half-Farthing, which hails from between 1842 and 1869, and which was criticized for being too small of a denomination,
• The French Rooster Franc,
• The Chinese Gold Panda,
• The Silver Drachma, which was used around the time of the rule of Alexander the Great,
• The Silver Denarius, which hails from the earliest Roman Empire,

There are other ways to grow your collection of coins as well, such as by collecting:

• United States coins, including commemorative coins for example,
• Particular coins, such as coins that fall into a specific denomination or a specific type of coin, such as by collecting only Washington quarters, or only silver half-dollar coins,
• Coins with a specific theme, such as coins that feature animals, or coins that feature vehicles, or monuments, or anything else that you can think of.
• Coins with errors, since even mints are capable of making mistakes, and there are a myriad of different error coins that you can find, including coins with the wrong inscription, the wrong form, the wrong design or the wrong date on them.

Any time you are choosing a coin to collect, it is important that you determine the value and worth of the coin before you purchase it. Determining what the coin is worth is going to allow you to make sure that you get a good deal on the coins that you purchase. You should never spend more for a coin than it is worth on the market, because someone will be asking the market price, and others will be asking more. Just shop around until you find the ancient coin you want for the price it’s really worth.

Photo Credits: oceandesetoiles

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Coins and Paper Money -> Coins: Canada -> Commemorative

Whether you are from Canada, or just interested in collecting Canadian coins, there are plenty of options out there and many of these coins are actually quite valuable. Before you get started with your collection, it’s a good idea to know what is out there and which coins will be the best investment. Here’s a quick guide to Canadian coins to get you started.

1. Gold and Platinum Coins

By far, the most valuable Canadian coins are the ones that are made from platinum or gold. You’ll find many commemorative coins made of these materials and some are worth more than the actual face value of the coin. If you’re looking for a solid investment with a history of growth, these coins are a great option. While not all are incredibly valuable, the majority will be worth at the very least their face value.

2. Loonies and Twoonies

Loonies are a very popular Canadian coin, so called due to the design on the coin. This is a dollar coin and it can be a bit harder to find the older ones. If you happen across a Loonie, it’s a great idea to keep it since it may be worth quite a lot of money. Twoonies are also popular and this is a two dollar coin that is a real collector’s item. Not many people actually use these, so it is possible to get your hands on one that has not been circulated.

3. Province Coins

Just like the US and the state quarters, there are province specific Canadian coins that are very valuable. It’s a lot of fun to see if you can get all the provinces and this is also a fun hobby for kids that combines geography with stamp collecting. The commemorative ones are going to be the most valuable in these coins, but there is still a lot of demand for these on the market.

4. Collections, Lots

If you want a jump start towards building your collection of Canadian coins, one of the best ways to do that is to get an entire collection in one fell swoop. You can usually find these at auction and in many cases, there will be at least one or two very rare stamps in the collection. Even if you already have a large personal collection, this is usually a very economical way to add to and even discover some new stamps along the way.

5. Proof Sets

These are probably the rarest and hardest to find in Canadian coins, but if you do come across a proof, you can almost guarantee that it will be worth quite a bit of money. These are the proofs that are used when they are minting coins, and there are many antique ones that are very popular right now.

No matter what kind of Canadian coins you are interested in collecting, you can find them at auction, online and even from private dealers. Give collecting these coins a try and see what rare finds you can come across.

Originally posted 2008-09-23 05:00:22. Republished by Blog Post Promoter

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