January 21st, 2012 — Canadian Coins, Coin Collecting
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.
Photo Credits: woody1778a
Originally posted 2008-09-23 05:00:22. Republished by Blog Post Promoter
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December 23rd, 2011 — Coin Collecting, Dollar Coin, US Coins, US Currency
When it comes to collecting money there are several different types of paper money and currencies which one can collect. Some types of coins and paper money can be easy to access, while others may offer a certain level of difficulty. Some people are attracted to collecting certain types of currencies based on these factors. For those who like a little more of a challenge when it comes to collecting money they may lean toward having a dollar coin collection.
One of the many reasons that people enjoy having a dollar coin collection is that these coins have a wonderful history to them. Each type of dollar coin tends to have a story attached to it. The stores which are associated with several coins are generally very interesting. These stories can offer a lot of insight to certain times in history and the mentality of the people at that time the coin was minted. These coins can be a symbol of some of the greatest eras in countries history. They can often mark an era which long ago faded away with changes which were economic, social, and political. These are some of the coins for true history buffs to have a dollar coin collection.
Step Back in Time
Some of the items which are the most sought after for any dollar coin collection is those which were associated with the early days of the American West. These are time periods which many people romanticize and enjoy having some type of connection with. Some of the dollar coins which come from this ear are gorgeous and have some of the best stories attached to them. Many of dollar coins which were minted during the days of the Wild West in America have great tales attached to them about the specific happenings of those times. Some of the dollar coins from this ear are some of the most prized collectables in these types of collections.
New Discoveries
It is not uncommon to find dollar coins which have recently been discovered and put on the collectable coin market. As some of the areas of the western United States are being developed for various reasons collections of dollar coins have been discovered. Most recently some silver dollar coins were found in the west in a cave in an area that was being developed. The coins which were found here are some of the most sought after dollar coins. Since these coins were in a cave undisturbed they are in mint condition. Discoveries such as this one make having a dollor coin collection fun.
International Collections
Some collectors not only get great joy from having dollar coin collections, they also enjoy collecting the international versions of these coins. Much like the American dollar coins, international versions of this type of coin also have interesting stories attached to them. Finding and collecting these coins can be a great joy to all who collect them. Learning the history of these coins is all part of the fun associated with collecting them.
Photo Credits: NedraI
Originally posted 2011-08-24 08:05:48. Republished by Blog Post Promoter
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December 16th, 2011 — Coin Collecting, Eisenhower Dollars, Rare Coins, US Coins
The dollar coin has gone through many incarnations over the years. Some have been more valuable than others. While most collectors are chasing a Morgan Dollar, not as many collectors are chasing down a lead on Eisenhower Dollars. This is because while the Eisenhower issue was only minted for eight years, there are plenty of the coins printed. There are still some years and varieties of the dollar which are more valuable than other copies. It is a good idea for those looking to get a dollar which will be worth something to get to know more about the coin itself.
The first thing you should know about Eisenhower Dollars are the important dates which are related to it. You should also get to know the different styles of the coin which were made available. You should also get to know some of the unique terminology which is used to describe these dollars. This will help you to be more knowledgeable when you seek out the coins to purchase them. It will also help you to have a better idea about the value of the coins you are interested in buying.
The Dates of Minting
The Eisenhower Dollars were only minted for eight years. The dates of the minting included the years 1971 to 1978. In these years, there were varying amounts of coins which were minted. There was also different reasons for the amount of coins and the styles of coins which were minted. For Instance, you will not find any dollars with the date 1975 on them. This is because of the bicentennial coin which was produced during this year and the fact that the date was stamped on as 1776 – 1976.
The Styles Minted
As mentioned above, there were two years in which the Eisenhower Dollars had a bicentennial theme. The reverse on these coins included a liberty bell in front of the moon rather that the familiar Apollo 11 insignia which the coin is well known for. In the years 1971 to 1972 there were no proof sets which were made available to collectors. They instead had to get their copper-nickel clad issues directly from circulation. This is because the silver clad proofs were the only ones were offered uncirculated to the collectors. In 1973, only the copper-nickel clad issues were available in proofs.
The Unique Terminology
The proofs of the Eisenhower Dollars were distributed in a highly unique manner. Those which were sold as uncirculated to collectors were enclosed in cellophane bag that had a blue plastic token in a blue envelope. These were thus dubbed ‘Blue Ikes’. The proofs which were sold were contained in a plastic case that enclosed the proof set. The plastic was encased in a brown box that served as a slipcase. The box was given a wood grain finish and was aptly dubbed ‘Brown Ikes’. These sets sold for $3 and $10 respectively when they were issued. As you can see, they have gone up considerably since then.
Photo Credits: oceandesetoiles
Originally posted 2010-08-15 03:44:45. Republished by Blog Post Promoter
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November 25th, 2011 — Coin Collecting, Proof Coins, Uncirculated Coins
The unique thing about coin collections is that there is a myriad of different ways to start a coin collection, and you can collect a wide variety of different coins or a small variety of very special coins depending on your interest. One of the options for coin collecting that you may want to consider if you enjoy unique coins is the art of collecting proof coins and uncirculated coins, which are coins that are not or have never been in actual use as currency in this country or any other country in the world for that matter. If the idea of proof coins and uncirculated coins seems worthwhile to you, the following information will prove useful.
There are a number of coins out there that never ended up being placed in circulation to be used for the purpose of commerce. This coin grade never had any wear or any defects meaning that these coins can be close to mint in condition. If you store these coins improperly, however, they can be worn and will no longer be in perfect condition any longer. Even if the wear is quite minor in nature, it will not allow the coin to have an “uncirculated” grade any longer.
When coins are first produced at the mint, they are placed into large canvas bags so that they can be transported. During the handling and transport phase, they can receive some small nicks and marks from rubbing and bumping along one another in the bags, and these marks are specifically known as bag marks. Bag marks tend to appear much more noticeable when the coin is larger in sized, such as a dollar or a half dollar coin. Typical bag marks will not prevent a coin from keeping the uncirculated grade. Light bag marks will not keep a coin from being considered to be uncirculated, but they may change the value that the coin receives if they are more noticeable bag marks.
Uncirculated coins are also capable of showing spotting, tarnish and discoloration while still maintaining the uncirculated grade when it comes to coin conditions. You should never clean a coin that has become tarnished as many methods of cleaning are actually capable of causing further wear on a coin, and this wear will upset the “uncirculated” grade of the coin.
There are also coins known as proof coins that were minted with the use of highly polished dies and never saw the light of day in terms of circulation. Just like with uncirculated coins, these proof coins are capable of experiencing darkening or tarnishing. Because labor and production costs went into producing proof coins beyond average coins, the mints that produce them quite often will sell them at a higher premium price, and often in much more limited numbers as well.
Photo Credits: Adamcha
Originally posted 2009-07-31 05:56:25. Republished by Blog Post Promoter
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November 2nd, 2011 — Buying and Selling Coins, Coin Collecting
When people think of coin collecting, they think about some of the oldest coins that they can find. They think about all of these rare coins and coins with value, intrigued by their rarity and their history. These people often skip out on collecting new coins for their coin collection, failing to realize all that they are missing out on.
There are plenty of different benefits to collecting new coins and putting them in your coin collection. Understanding all of the benefits that new currency has to provide can help you to quickly build a strong and diverse coin collection.
Easy to Obtain
One of the main benefits of collecting new coins is the fact that these coins are simply easy to collect. The coins are still in circulation, and can generally be found wherever currency is exchanged. In certain cases, coins are new but are created as a “limited edition” piece of currency by the government mint. These coins are still easy to find as they are being created, as the “limited quantities” are still high in number and are geared toward collectors, not the general public.
Cheap to Buy
One of the downfalls of general coin collecting is that it can be incredibly expensive. Rare coins often sell for hundreds, if not thousands, of dollars. New coins are completely different, as they are only as expensive as their face value. If you are looking for a dollar coin for your collection, you are only going to have to pay a dollar for it.
This makes coin collecting much more accessible to the masses. Coin collecting is simply more fun when you can add multiple pieces to your coin collection, instead of spending all of your money on one or two different rare coins.
Value Growth
At first, the idea of collecting new coins seems like nothing but novelty. Everyone has these various coins in their pockets and in their wallets – why would collecting these coins be interesting? People fail to think about the future when they think about their coin collection because they are too preoccupied with the past. The coins that are new today will eventually be rare and hard to find. If you have these coins in your collection now, they will simply increase in value over time. New coins are incredible investment pieces for your coin collection, as they will eventually be worth much more than their initial value and price.
Coin collecting isn’t just about the past, even though most people think about discontinued coins when thinking about a coin collection. Coin collecting is about celebrating the world of currency, both old and new. New coins can be a part of your coin collection and can be an important and strong part of that collection. While you may not see incredibly high values with these various coins, you can be sure that you are building a collection that is diverse and varied.
Photo credits: cometstarmoon
Originally posted 2011-07-04 03:11:31. Republished by Blog Post Promoter
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