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Coin Collecting Starter Guide by neil parnham
Are you wanting to start collecting coins, you could gain a great financial benefit as well as a personal satisfaction for doing so.
There are those who enjoy collecting everyday common coins, gaining pleasure from inspecting mint marks and dates on their everyday change. Others have a collection of coins coming from different countries. Some coin collectors spend thousands on rare gold and silver coins from the period of the 1800's until the early 1900's.
The hobby of coin collecting can give pleasure and fun to an individual of any age. Many coin collectors began their collection when they were young children, collecting dimes or pennies and many of them have made coin collection a lifetime hobby.
The hobby of collecting coins involves spending money from the very start so it is good to join a coin collectors group to get ideas and help from knowledgeable and experienced collectors.
You need somebody to buy your coins from, and it may be hard to find a coin dealer of good repute when your are new to the hobby, so having someone that has been in this hobby for years can be of great help to guide you on choosing an honest and knowledgeable coin dealer.
Begin by acquiring a big magnifying glass and examine coins in a bright area so you can spot mintmarks, errors and to clearly read dates on worn or damaged coins.
Decide on what coins to collect and buy a bookshelf folder for that series.
You must also have storage, such as clear tubes made of plastic or coin tubes having top screws to keep your coins in until you are ready to put them in a coin album; storage can also be good for keeping duplicate coins.
You must learn about different coin values. Follow what types of coins are sold, and how they are priced, based on dealer pricing. You also will need someone or some references that will show you how to evaluate the accurate value of a certain coin based on mint mark, age, color, surface and condition.
"A Guide Book of United States Coins" or universally known as the red book, which is published yearly, provides a good outline of the U.S. coins history, information on basic coin grading, coin descriptions from past to present including a list of errors to watch for, average U.S. coins retail cost, and an explanation of errors which occurred in the minting process.
Monthly publications from Coinage (coin collecting magazine) contain many useful facts and information as well articles about your new found hobby plus a lot of great photos.
The newspaper, particularly in the numismatic world section, will be of great interest to you especially when you become more and more involved and interested in your hobby and want to remain up to date with the present happenings in the world of numismatics.
As you grow more experienced in coin collecting, your "eye for coins" will improve and develop maturely so that you now will be scrutinizing more carefully the features and details such as coin lettering, making certain that the letters are not blemished or blurred, but are still distinguishable.
You will be spending so much interest and concentration on the coins general state that eventually you can walk away from certain coins that show evidence of abrasion, and will then be experiencing the fun side of coin collecting.
Spend ample time reading, looking at photos, learning from experienced collectors and asking as many questions as needed from not only other collectors, but dealers as well. The hobby of coin collecting is a continuing process that will last for as long as you are continuing the hobby.
Your knowledge and training will save you a lot of money as well as make you money when the time comes, but more importantly, have fun while learning. Take pleasure in what they call the "Hobby of kings" that has turned to be the "King of hobbies.
Tips in Buying Bullion Coins
What are bullion coins? These coins may have high values because they are not only limited; but also they may have been found in shipwrecks, or they may come from the ancient times. Bullion coins are the type of collectors items that many people look for.
The silver bullion could be the most well known type of bullion that is selling very well in the internet aside from those that are to be considered to be most expensive and valuable items in the world.
Some high priced coins that are displayed on the internet include the silver ingot. The silver ingot was said to have been found in the Spanish ship Atocha that sank in the ocean. This ship was found to contain treasures and artifacts including silver ingots. Others claim that the silver ingots were recovered from an old Colorado Mining area. Coins were found everywhere and were said to have been hidden by the miners.
The silver Maple Leaf Coins, which are officially sealed, are also popular among collectors. These coins came from the Royal Canadian Mint and include the Walking Liberty half-dollars and the dealer roll first-strike 1994 U.S. Eagles. These items were a collection of the Franklin Mint which had more than 100 masterpieces in his memorabilia.
Most bullion collectors prefer the gold billion. Some famous bullion gold coins include the gold Krugerrands, which are from South Africa. The European Gold Crowns were released from the late 1800s to the early 1900s. Other items include the Canadian Maple Leaf Coins and the United States American Eagle Coins. British Sovereigns are also seen on the internet as are the Swiss Helveteas and the French Roosters.
The awesome 10-ounce Swiss gold bar, China gold panda set, and the American eagle proof set coins can also be found and are considered to be the most seen coins on the internet. There are gold bullions found in the American Eagle set, Mixed Lots, Rounds, Bars, and any other similar categories that are found on some sites n the internet.
A type of bullion that is not well known is the Platinum bullion. It is less researched on the internet because the demand for it is not as great as the silver and gold bullions. Platinum bullions can be purchased anywhere: some of them are the French Statue of Liberty coins, Eagle sets, and the Koala Proofs. The World Trade Center has also offered some Platinum bullions like the Englehard platinum bar, crucible dish made of platinum bullion, and the Johnson Matthew Year of the Dragon coins which were recovered from the safety vaults of the building when it collapsed.
These coins can be considered as thoughtful gifts aside from their being valuable since they can be kept as a souvenir from the person who gave it. A bullion bar that features a happy birthday greeting can be a thoughtful gift for a friends birthday especially if the bar has the date of the birthday on it. Some people also use them for their anniversaries as their gifts to one another - they search for those bullions that have the date of their engagement or the wedding year. Some brides also ask their groom to find her 24-karat gold flakes or silver flakes as her chosen token for their wedding.
Coin collecting of this type can be very expensive, especially when buying bullions, but here are some tips that can guide a person in his search for affordable bullions.
1.A person must be sure of the type of bullion he would like to purchase before ordering or buying.
2.He must ask himself, or the person he is buying the bullion for, what bullion he/she prefers and ask if they would like to come with him when purchasing the bullion.
3.A person must figure the delivery costs and add them to the agreed price.
4.A person should be sure that the seller would contact give him a delivery for the item if they have ordered it on the internet.
5.He should never make the payments using instant money transfer firms.
6.It is important to know the sellers background and reputation in the business.
A person can purchase any bullion that he prefers. The idea of giving bullions to a special loved one or friend can be very thoughtful and it will serve as memorabilia that will be kept throughout the years.
Written by DIY Conservatories
Article Source: http://www.earticlesonline.com/Article/Coin-Collecting-Starter-Guide/189265
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 1990 CHINA GOLD 100 YUAN 1oz PANDA PROOF NGC PF 68 ULTRA CAMEO $2,599.00 Time Remaining: 1h 41m Buy It Now for only: $2,599.00 |
 1990 CHINA GOLD 10 YUAN 1 10oz PANDA PROOF NGC PF 68 ULTRA CAMEO MINTAGE 5K $549.00 Time Remaining: 1h 41m Buy It Now for only: $549.00 |
 1987 Gold China Panda San Francisco Coin Expo 1 oz Medal Sealed $1,999.99 Time Remaining: 4h 35m |
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 2003 CHINA PANDA FINE 999 GOLD 5 COIN SET PCGS MS69 $9,499.95 Time Remaining: 5h 6m Buy It Now for only: $9,499.95 |
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 1998 G10Y 10Y Yuan Gold Coin China Panda small date 1 10 oz NGC MS68 KEY DATE $1,101.00 (9 Bids) Time Remaining: 8h 11m |
 1998 G10Y 10Y Yuan Gold Coin China Panda small date 1 10 oz NGC MS69 KEY DATE $1,150.00 (20 Bids) Time Remaining: 8h 14m |
 1998 G5Y 5Y Yuan Gold Coin China Panda small date 1 20 oz NGC MS69 KEY DATE $1,375.00 (15 Bids) Time Remaining: 8h 23m |
 1998 G5Y 5Y Yuan Gold Coin China Panda small date 1 20 oz NGC UNC KEY DATE $118.59 (19 Bids) Time Remaining: 8h 26m |
 1998 G5Y 5Y Yuan Gold Coin China Panda small date 1 20 oz NGC UNC KEY DATE $135.50 (22 Bids) Time Remaining: 8h 29m |
 1987 CHINA PANDA GOLD PROOF 5 COIN SET PCGS PR69DCAM ULTRA CAMEO RARE $7,500.00 Time Remaining: 9h 27m |
 1988 CHINA PANDA GOLD PROOF 5 COIN SET PCGS PR69DCAM ULTRA CAMEO RARE $7,500.00 Time Remaining: 9h 27m |
 2004 China 50 Yuan Panda 1 10 oz 999 Pure Gold Bullion Coin $311.99 Time Remaining: 11h 4m Buy It Now for only: $311.99 |
 2004 China 20 Yuan Panda 1 20 oz 999 Pure Gold Bullion Coin $166.99 Time Remaining: 11h 9m Buy It Now for only: $166.99 |
 Lot of 5 Airtite Direct Fit H32 Holders for 1 ounce Gold China Panda Coins 32mm $2.95 Time Remaining: 17h 55m |
 b033 CHINA 10 YUAN 1988 PANDA GOLD COIN $299.99 Time Remaining: 21h 49m Buy It Now for only: $299.99 |
 2011 CHINA PREMIUM PANDA LUNAR RABBIT GOLD 5 COIN BOX COA ISSUE LIMIT 500 $7,029.95 Time Remaining: 22h 20m Buy It Now for only: $7,029.95 |
 1990 P CHINA PANDA FINE 999 GOLD PROOF 5 COIN SET BOX COA $6,799.95 Time Remaining: 22h 25m Buy It Now for only: $6,799.95 |
 1989 P CHINA PANDA FINE 999 GOLD PROOF 5 COIN SET BOX COA $5,034.95 Time Remaining: 22h 26m Buy It Now for only: $5,034.95 |
 1988 P CHINA PANDA FINE 999 GOLD PROOF 5 COIN SET BOX COA $5,034.95 Time Remaining: 22h 36m Buy It Now for only: $5,034.95 |
 1987 China 1 Oz 999 Panda Proof Gold Coin New York Expo Medal Original Sealed $4,299.99 Time Remaining: 23h 31m Buy It Now for only: $4,299.99 |
 2011 China GOLD Panda 1 20 OZ UNC Nice $149.99 Time Remaining: 23h 52m Buy It Now for only: $149.99 |
 2003 CHINA PANDA 500 YUAN 999 GOLD 1oz COIN PCGS MS69 $3,799.95 Time Remaining: 1d 33m Buy It Now for only: $3,799.95 |
 CHINA PRC 1984 1 10 OUNCE GOLD PANDA COIN AS SHOWN $205.95 Time Remaining: 1d 3h 7m |
 CHINA PRC 1986 ONE OUNCE GOLD PANDA COIN AS SHOWN $1,802.45 Time Remaining: 1d 3h 23m |
 CHINA PRC 1988 ONE OUNCE GOLD PANDA COIN AS SHOWN $1,802.45 Time Remaining: 1d 3h 23m |
 CHINA PRC 1987 1 4 OUNCE GOLD PANDA COIN AS SHOWN $453.15 Time Remaining: 1d 3h 23m |
 1986 1 2 oz Gold China Panda 50 Yuan Nice In Plastic Chinese Coin $930.00 Time Remaining: 1d 3h 34m Buy It Now for only: $930.00 |
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2011 China Panda Series - 1 Ounce Silver Coin
Sale Price: $59.99  |
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2010 China Panda Series - 1 Ounce Silver Coin
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1/10 (10y) Chinese Panda Gold Coin (Mixed Dates)
Sale Price: $249.95 |
Description1/10 Chinese Pandas feature a mother panda with cub. Theses China Gold Panda coins are in mint condition with most in their original Shenzhen packaging. Dates our choice. |
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Gold and Silver Panda Coin Buyer's Guide
List Price: |
DescriptionThe charming Panda coins of China are favorites of collectors and precious metals investors everywhere. Each coin in the series features an image of the world's most beloved animal. The Gold and Silver Panda Buyer's Guide is the first comprehensive guide to Pandas... |
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Lot of 5 - 2004 Chinese Gold Panda Replica Coins
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