Sunday, August 2, 2020

  • Make your own unique coin collection book

    June 14, 2020 by  
    Filed under Beginners Coins Collecting

    If you like travelling around the world, this is a must-have item.

    When you get some coins from other countries in your journey, you can mark when and where you get these coins, it’s a wonderful idea to make such souvenir.

    Think about that when you take out the album and introduce the story of each coin to your friends or families, how interested they will be to share your journey experience

    The Yakin shop Coin Collecting Starter Holder  is A Unique Stock Book You Need to Get Started

    Includes A Leather Album, 10 Pages Storage Sheets with 120 Coins Pockets and Flag Grids, World Flag Set

    it can  hold 120 coins, including 240 pockets (120 pockets for coins and 120 pockets for flags),

    you can know which countries the coins belong to, world flags set as a bonus, the loose-leaf design is practical and expandable

    Special design with a protective flap at the top so the coins don’t fall out. Transparent plastic pockets facilitate to view and exchange.

    you can not find a similar coin album from another company

    DIY your own unique coin collection books with this coins collecting album

     

    Finding Rare and Collectible Coins

    May 30, 2020 by  
    Filed under Beginners Coins Collecting, Featured

    Coin collecting was started only as a hobby for most people, however you can hear what other people say (or you probably have heard yourself) about news of people cashing in on their old coin; and that encouraged more people to go on a coin-collecting streak. If you are one of those people who want to invest in coins, here are several places to start your collection.

    Coin Shops:

    Many shop owners are dealers that know a lot of information about coins and are selling coins too. These coin shops are a valuable place to find and gain more information about coins and coin collecting. These coin shops can be costly, though, as they are anticipating selling their coins for a profit. With enough knowledge and/or having someone who know a great deal about coin collecting at your side, you can get great prices for your coins.

    Coin Shows:

    There are times when your local mall will have an exhibit from several coin dealers and that will let you see all of the collections and allow you to buy some coins for a lower price due to the competition. You will probably also see several new coins that are available and suitable for your collection.

    These coins shows are great not only for sellers and buyers but also for coin enthusiasts who want to see rare and hard to find coins.

    Mail Orders/Web Sites:

    There are thousands of dealers worldwide and most of them have websites that allow buy coins and pay for them through mail order or through any online payment system such as Paypal. You should do your research on these companies and read their terms carefully to make sure that you can get your money back when you have a problem with the coin you purchased and/or received.

    For every legitimate web site, there are may be hundreds of fake web sites that are just attempting to get your money. You should always ask for feedback from previous customers before paying anybody online and remember not to give out any password or pin numbers.

    Flea Markets:

    It would be surprising place to find rare coins at a flea market, but stranger things have happened. These places have different ideas about pricing which is due to their lack of understanding of how a coin should be priced. You will find overpriced coins but if you are lucky you might find a rare coin somewhere in those stacks of coins that will make it worth your while.

    Flea markets sellers are usually looking for a quick sell and would probably give you discounts when you buy their items in bulk. Try to buy other items and get your coins added as a bonus.

    Auctions:

    If you are looking to invest in really, really rare coins, the best place to go would be an auction. Auctions are the only place where you can find people selling their rarest and most expensive coins. Several of these auctions are happening online at the same time and most of the sellers are looking for the highest bidders. You must be aware and warned that some of these sellers are frauds and will not make the price you pay worthwhile. You should try to learn more about these coins and their worth before trying to buy one from an online auction.

    Other Coin Collectors:

    Coin collectors usually have duplicate coins that they are willing to sell for a price lower than its market value. The only problem is it is hard to find another coin collector that collects the same coins as you. The best places to look are online groups, forums and (if you have one) local groups.

    Other coin collectors are the best people to turn into when you want to start your own collection. They can offer you tips, discounts and some might even be tempted to give you some of their coins to kick-start your collection.

    Coin collecting is like any other investment the value will fluctuate: they may depreciate in value and/or gain value at any time. The best way to profit in coin collecting is keep updated with the news and the prices of the coins. This will not only help you in not being fooled by merchants but by learning how to price a coin even without a price list.

    Coin Collecting Book: Handbook from the Valuable Cosmos

    April 30, 2020 by  
    Filed under Beginners Coins Collecting

    The handbook from the universe is one that carries all the necessary information that every coin collector needs, literally speaking.

    The truth is that coin collecting books are “must-haves” for every coin collector because they provide all of the necessary information in that a collector needs to succeed in this type of leisure activity.

    Most of the expert coin collectors advise that every “newbie” in coin collecting should buy a book before he buys a coin. Engaging in this activity is not merely a “finder’s keepers” type of game. The argument of this concept is based on the premise that coin collecting is not an ordinary activity where people can just grab any kind of coin that they see. It is important to know the basics of coin collecting to appropriately categorize the kinds of coins that are fit for compilation.

    Not all coins are worth collecting, and there are coins that some people may not consider worthy are actually rare and valuable. None of these things would be disclosed to a coin collector if not for the information gained from coin collecting books.

    For those who wish to buy books but do not know what to look for, here is a list of the things that needs to be considered when buying:

    1. It must give the historical account of the coins

    When buying coin collecting books, look for those that will give you a historical perspective of the kind of coin that you wish to collect. For instance, if you are going to collect U.S. coins, buy a book that will tell the history of the U.S. coins.

    2. It must give you practical guidelines in “grading” coins

    It is necessary for every coin collector to have a book that provides information about the proper skills needed when “grading” coins. Grading is such an important skill that every coin collector must learn the skill if they wish to continue collecting coins and be successful doing so.

    3. It must give you information about coins in a broad perspective

    Coin collecting books that talk about the different kinds of coins in the world is a “must-have”. These are especially helpful to those who do not have any specific country in mind.

    Books have always been man’s greatest companion as history unfolds. Coin collecting books are worth more than just being the collector’s friend – these books are also considered treasures in their own form.

    What Type of Coin Should You Collect?

    January 30, 2020 by  
    Filed under Beginners Coins Collecting, Featured

    Coin collecting is a fun hobby to start and the thrill of hunting for old coins is enough for many people to continue doing it. Other people consider coin collecting an investment, something they can receive a profit from. If you are one of those people, then you can find several types of coins in this article that will help you determine what others are looking for.

    Most coin collectors will look for only a specific kind of coin that will make their collection more valuable and interesting to buyers. Others are collecting for sentimentality and are looking more at the coin’s uniqueness.

    Series collectors are those looking for a series of coins that mark every year and every design change made in that coin.

    Type collectors are those people who are looking to get one of each coin where there were/are changes made.

    collectors are those people looking for coins spanning the years 650 BC – 450 AD. This is the time when coins were invented and there were silver, gold and bronze versions made. It also marks the time when Roman emperors were the rulers and most of them feature famous Roman emperors, Roman towns, or gods.

    Token collectors are those who are looking for different kinds of tokens that were used in exchange for real money when there was a lack of coins. These tokens were used as local currency even if the government had not given permission for them to be used.

    Coins are also graded. A coin’s grading depends on its condition and the price of the coin will rely heavily on that grade. It is important for a coin collector to know how to grade a coin to make sure that he is not swindled by individuals looking for a quick profit.

    “Uncirculated” coins are those coins that are not showing any wear and tear or to referred to as “in mint condition”. A mint state (MS) grading depends on a coin’s luster, contact marks, hair lines and overall appeal. A coin can have a grade ranging from MS-60 (dull luster) to a flawless MS-70. Although MS-70 is considered unobtainable, a grade of MS-65 and higher will make a coin’s price shoot up.

    Circulated coins are more forgiving, they do not take into consideration the amount of scratches and dirt a coin has gathered along the years. Grades for circulated coins will vary. AU (about “uncirculated”), EF (extremely fine), VF (very fine), F (fine), VG (very good), G (good), AG (about good), F-2 (fair) and P (poor) are used as indication of how much a coin is worth.

    These grades are dependent on a circulated coin’s luster, visible wear, design elements and visibility of letters and numerals. Unlike “uncirculated” coin’s grades, these grades do not dramatically lower a coin’s value. This is wonderful for people who are looking just to complete a collection and do not care about a coin’s mint condition.

    Pricing of a coin will usually be determined by a coin’s supply and demand. Very low supply and very high demand will make a coin’s price higher; however, high supplies of the coins will depreciate a coin’s value.

    Demand is usually established by coin dealers where they take into consideration the number of people wanting to buy or sell the coins. Once a coin becomes difficult to find, coin dealers will usually make its price higher so that people are inclined to sell extra copies of their coins.

    Grading and pricing a coin usually takes a lot of experience to master. Although there are several tips and guidelines to look for in grading a coin, only professional dealers have the final say on how much a coin is worth. It does not hurt to know this grading is done and why your coin was graded differently from what you thought.

    Coin collecting is not really about investment, it should be a fun and thrilling hobby. While the overall goal of a coin collector is to complete a set of coins, learning what to look for in a coin is important to make sure that no one can take advantage of your need to complete a particular set.