Lincoln Proof Coins

Welcome to my site! We have the Lincoln Proof Coins information that you are looking for.

How to Begin Coin Collecting by Mark Etinger

If you're interested in beginning a coin collection there are a few things you should know first off. Whether you want to start collecting for investment purposes or just for fun, coin collecting can be very rewarding, and you don't have to be an expert.

1. When you look at most coins there will be a small letter near the date of production. This letter stands for where the coin was produced. In certain instances, this can make the coin extremely valuable, such as the 1909-S VDB Lincoln head penny. This penny from the year of the new design, features the initials of the designer, Vincent D. Brenner, and often sells for upwards of $2000! The letters you may see are:

S-San Francisco

D-Denver

P-Philadelphia

W-West Point

2. But let's say you find a 1909-S VDB for $5000 dollars. Why is it so expensive? Probably because of its condition. When a coin is "uncirculated," that means that it is in mint condition. Typically coins have wear and tear after being passed through hundreds and thousands of hands. Uncirculated coins were never damaged because they were never released to the public. There is a Mint State (MS) scale that ranges from 60 to 70. Any coin below a 60 is not uncirculated. Many coins are difficult to find in the 65-70 range, and because they are rare they tend to be very expensive.

3. Proof coins are made differently from normal uncirculated coins. Whereas a normal coin is made with a stamped "die" that pounds the front and back of the metal, proof coin dies are treated with special polish to give them a frosted look on the raised parts of the coin, and a more reflective mirror-clear look in the background of the coin. Furthermore, each coin is struck twice or more by the dies, so that each detail is more pronounced. Because of the extra time it takes to produce a proof coin, they are held to be more valuable than other coins. Proof coins are also rated on a 60-70 scale and are made for coin collectors.

4. Never clean your coins! Any abrasions or marks the coins have may be deepened if you try to use a tarnish remover. Real coin collecting involves finding the coins in their original condition, and if you try to improve that condition, you may wind up hurting the coin.

5. Once you start building a collection, you have to store it properly. There are plastic slabs for your more expensive coins, and coin folders for large scale collections, like pennies and nickels. In either case, storing your coins is the way to keep them safe and clean.

Coin collecting is rewarding and fun. You may see the value of your coins eventually skyrocket, or in the meanwhile, you may stumble upon certain coins that you would have overlooked once before. And you don't need to spend a lot of money to have a nice collection; all it takes is an interest and a desire to be a numismatist (that's Latin, for coin collector). So what are you waiting for? Look through your pockets and start collecting now!

Coin Supply Express has all of your
coin collecting
needs - from coin folders to lock boxes. Visit our blog at
http://blog.coinsupplyexpress.com/

Article Source: http://www.earticlesonline.com/Article/How-to-Begin-Coin-Collecting/710941

FEATURED PRODUCTS:

A great place to shop for Lincoln Proof Coins products is Amazon.

Check out these fine shops that offer Lincoln Proof Coins products:

Other Products purchased from this website:
2010p d s lincoln shield cent satinproof 3 coin set, 1968s gem proof red lincoln cent penny free shipping on additional coin, 1969s gem proof red lincoln cent penny free shipping on additional coin, 1973s cam proof red lincoln cent penny free shipping on additional coin, 2009 p d amp; s lincoln one cent 12 coins proof amp; bu us mint lot copper pennies pds, lincoln cent 1952 proof red wheat cent us coins, 1977s cam proof red lincoln cent penny free shgipping on additional coin, 2012 s lincoln shield cent proof coin in handready to ship, 1980s cam proof red lincoln cent penny free shipping on additional coin, 1981s cam proof red lincoln cent penny free shgipping on additional coin, 1961 p gem proof lincoln memorial cent penny us coin coinleader, 2009ps anacs first strike lincoln chronicle 5 coin proof set, 1954 gem proof full red lincoln cent 100 blazing coin, 1955 gem proof full red lincoln cent 100 blazing coin, 1956 1957 1958 gem proof full red lincoln cent 3 coins, 1956 57 58 1959 gem proof full red lincoln cent 4 coins, 1957 amp; 1958 gem proof full red lincoln cent 2 coins, 1960 small date gem proof 100 red lincoln cent coin, 2009 abraham lincoln proof commemorative silver dollar coin with box coa set, 1953 proof pf67rd ngc red lincoln cent 1c penny us coin superb gem 015, 1959 gem proof roll lincoln cent 50 coins 100 flashy, 2009 abraham lincoln silver proof commemorative coin, 1975s lincoln cent dcam proof roll of 50 coins, 1954 1955 1956 1957 1958 and 1959 gem proof full red lincoln cent 6 coins, 2001 s superb gem proof dcam lincoln memorial cent coin 1031173359, 1973 s gem proof lincoln memorial penny cent us coin 1031485066, 1963p proof lincoln penny beautiful coin, 2010s deep cameo lincoln penny us proof coin, 1984s deep cameo lincoln penny us proof coin, us usa lincoln memorial penny old vintage 1968s prooflike sealed coin, lincoln cent 1972s proof red us coins, lincoln cent 1982s proof red us coins, 1985 s proof lincoln cent us coins, 1986 s proof lincoln cent us coins, 1987 s proof lincoln cent us coins, 1989 s proof lincoln cent us coins, uncirculated 2001s rd dcam gem proof lincoln penny superb coin for collection, 1988 s proof lincoln cent us coins, 14k gold proof abraham lincoln commemorative coin, p469 1954 proof lincoln cent nice coin, 1992 s us mint gem proof lincoln 1 cent penny coin, 1957 d wheat cents red prooflike lincoln coins full roll 50 bu pennies , one 1989s proof lincoln memorial penny nice coin , one 1999s proof lincoln memorial penny nice coin, 1969 s choice proof lincoln memorial penny cent us coin 1030933866, 1968 s choice proof lincoln memorial penny cent us coin 1030935336, 1953 proof pf65rd ngc red lincoln cent 1c penny us coin, 2009 p pcgs pr69 abraham lincoln proof silver commemorative dollar coin $1, 25 sets 2009 s lincoln 1c bicentennial us mint 4 coin proof sets in ogp, 1981 s proof set coins lincoln cent kennedy half dollar susan b anthony cameo nr, 1981 s type 1 lincoln memorial small cent proof dcam unc coin 0519

Tagged with: lincoln proof coins

Filed under: Coins: US

Like this post? Subscribe to my RSS feed and get loads more!