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If you're a coin collector, you may have noticed the large amount of gold and silver-plated coins available from retailers and coin companies. These are either regular U.S. Mint coins covered with a thin layer of gold or silver or unique commemorative coins designed by private companies that are not legal tender. Regardless of what's underneath the top layer, you should know...more
A Slice of Time in Coins Many ambitious coin collectors strive to collect each U.S. Mint coin proof set, all the way back to the program’s roots in 1936. While the first proof set can set you back over $7,000, you may not be ready for such an investment! Start your collection with the 2006 coin proof set. This collection of coins was issued in 2006 and includes the...more
A Global Collection If you want a coin collecting project that will keep you busy your entire life, try collecting coins from around the world. Think of all the possibilities! The most diligent collectors have one coin from each denomination from one or more countries, from every single year! If this is daunting, other options for country coin collections include:...more
Avoiding the “Graded Coin Value” Scam Buying coins on eBay is a double-edged sword. On one hand, you have the opportunity to find some rare and valuable gold coins for sale for a fraction of what they’re worth. On the other, fraud is prevalent, and sometimes it’s too late before you find out you’ve been scammed. One of the most popular scams on online coin...more
Add Fun and Magic to Your Coin Collection Take a break from Lady Liberty and the American Eagle in favor of a little Disney magic! In the 1980s, seven Disney silver coins were released, to celebrate Disney around the world. Each 1 troy ounce coin features a different Disney scene, and is a commemorative proof. The first of the seven features all of your favorite...more
1878: A Good Year for Coins As it turns out, 1878 was a great year for future coin collectors. It’s the year Morgan silver dollars were first minted. In case you’ve been under a rock, the Morgan silver dollar is one of the most popular silver dollars among collectors. This year marked the beginning of a long and prosperous life of the Morgan silver dollar: it...more
The likelihood of finding a rare coin still in circulation is slim these days with so many collectors on the lookout for these treasures. Luckily, some recent pieces have become valuable, many of which are in use and could even be in your pocket! The 1970 San Francisco "Athiest Cent" These pennies have metal covering the "We Trust" part of the motto "In God We Trust." Part...more
Metal detecting is a wonderful hobby for coin collectors who want to find their own coins rather than pay someone else for theirs. As long as you have the patience, knowledge and tools, doing so can be a rewarding and fun pastime. You may want to first look into joining a local metal detecting club or group, as those with experience can help you get started and show you some...more
While you could simply take a coin to a professional to be appraised, it's often easy and fun to figure out how much it's worth yourself. The market is always changing, so while there are no specific set values for coins, there are plenty of ways to figure out how much you can get for a certain kind. When you're determining the value of a coin, you're really figuring out what...more
If you get your hands on any of these rare American coins, consider yourself lucky and make sure to keep them protected, as they can become even more valuable in the future! The 1776 Silver Continental Dollar Congress wanted to commemorate the U.S.'s independence in 1776, so they created a dollar coin with a design supposedly drafted by Benjamin Franklin. Most of the pieces...more