Posts Tagged popularity
Gold proof coins are early samples of a particular issue of a specific coin. these are generally minted to test the dies and also for copies to keep in the archives. Since the popularity of these coins has grown, many more are often struck for each type of coin especially for coin collectors.
Many different countries issue gold proof coins to collectors around the world. When it comes time to make proofs, there is a special process that occurs. first, the dies will be polished, which gives the proof coins a sharper rim and more distinguished design that circulated coins. then, the proof dies are occasionally treated with chemicals to give a frosted look to a certain part of the coin.
This frosted treatment is new, and is done merely for the sake of collecting, as the coins will appear to be more aesthetically pleasing to collectors. there have been many other processes used over the years to achieve this effect, as well as the mirrored effect of the polished areas, including sand blasting the dies and creating matte proofs. some coins from the 1800s even looked scratched as a result of this process. Proof coins are usually double, and even triple, struck to ensure that the image is fully embedded into the coin.
Matte gold proof coins were developed in France in the early 20th century, through a process of sandblasting the dies that the coins were made from. this design was very popular in Europe, and was used by the Philadelphia Mint for various coin series made of other metals. Finding these coins today proves to be challenging for any collector, as they are still some of the most rare gold coins in existence and very valuable. The Lincoln cent was struck this way from 1909 to 1916, creating more than 15,000 proof coins. Today, they are very rare and have tarnished into a variety of colors through the years. Buffalo Nickels and Peace Silver Dollars were also produced in the U.S. with a matte finish, but are much rarer than the Lincoln cents.
Although gold proof coins are struck in most occasions today for collectors, they were used historically for records purposes in most cases. there are many different proof coins available for collectors, including a variety of designs from countries around the world. Today, these coins are generally minted to mark special occasions and to commemorate historic events. The value of these coins varies greatly, depending on what you are looking for. Generally speaking, older coins and ones that have fewer copies are going to be worth more because of their rare and historic nature.
A fascination with rare US coins and collecting valuable American coins is becoming increasingly popular as even old pennies are steadily gaining in value. Coin collecting (numismatics) is no longer the domain of youngsters, eccentrics or misers, but has become a means of investment as a well as a hobby. because of this popularity, those collecting US coins for their intrinsic value are finding it increasingly difficult to add to their collections.
Those collecting valuable American coins are tending to turn to rare coins as an investment for the future. Current rare US coins have a presumed value that would be expected to increase with age, while it is becoming less likely that generally ‘old’ coins will be worth the investment if every man and his dog is hoarding them hoping for a windfall that will never come.
In fact, age is not the only factor that determines the rarity of coins, and just like stamps, mint or uncirculated coins are more valuable than those that have passed through many hands. So too are coins with stamping errors. however, let’s have a look at the simple half-cent coin, in circulation from 1793 to 1857.
The Simple Half-Cent
Believe it or not, half cents sell at a minimum of $33 however, if you are the fortunate owner of a 1793 half cent piece, it could be worth from $2,300 upwards depending on its condition. An ‘Extremely Fine’ example is worth around $15,000 while an uncirculated half cent is rare and worth a lot more – you would tend find these for sale at auction rather than at a fixed price.
As more people appreciate the increasing value of rare US coins they naturally increase even more in price. One thing you must understand is that ‘old’ does not equate to ‘rare’, and an old US coin is not necessarily a rare US coin. Nor need specific coin denominations be rare, but just as there are fairly common Indian and Wheat pennies to be found in junk shops or your grandmother’s drawers, there are also coins of the same type and denomination that are valuable because of their date.
If you are seeking rare US coins, the American ‘Large Cent’ minted from 1793 to 1857 can be worth a lot of money if you find one of the earlier dates prior to 1830 – and some specific dates are of particularly high value. the same is true of most copper coins, where the value is in the rarity rather than in the value of the metal or any specific commemorative date.
Steel Pennies are Rare US Coins
For example, take the 1943 penny. most 1943 pennies were struck in steel then coated with zinc, because the usual nickel and copper were important metals during the 2nd World War – being used in the manufacture of munitions casings. however, a few were accidentally made from copper and have a current value of $10,000 to $100,000. if you find a 1943 penny, then try it with a magnet. if the magnet fails to take then it won’t be steel, so must be copper and worth hiding away till you find a good auction where it will make the maximum sum possible
That is a good example of rare US coins in copper that you would never believe to be worth much, no matter their rarity. what about the higher denominations such as the dollar coins? some are worth no more than face value, such as the Suzie B dollars. Sure, there may be errors in some, but none have yet appeared, so Suzie B dollars appear to be worth not much more than their face value.
Who knows – You might be Lucky
If you are very lucky, you might come across something like the 1933 $10 coin with an estimated value of $300,000 or the beautiful 1907 Ultra High-Relief Double Eagle, valued at $3 million. only three 1833 half Eagle $5 pieces are known to exist, and if you found a fourth you could sell it at auction for $5 million. however, nothing is likely to beat the 1933 $20 Double Eagle coin that was auctioned for $7.6 million in 2002: the only 1933 Double Eagle coin legally permitted to be privately owned by a US citizen.
So be careful when you are seeking rare US coins, and make sure that you are permitted to own them. You should also accept that you are unlikely to be in a position to come across a rare coin except by chance since the whereabouts of most known high-value coins are known.
Nevertheless, people collecting valuable American coins still seek out the whereabouts of those that are unknown. They are around and who knows, your next find could be that rare Double Eagle or even a half cent worth two million times its face value Rare US coins are uncommon – that’s what rare means, and why they are so valuable
If you are keen to invest in coins? Have you been familiar with numismatics? Based on one online Dictionary, numismatics pertains to coins. it genuinely came from a Latin word “numisma,” which means coin. it is recommended to note that Numismatics not only takes into account the date that a coin is minted, but it also considers the exquisite artworks, composition and historical moral of the coin. say for example, the Lincoln Cent. are you aware that this infamous coin is practically 100 years old and that it has passed through multiple design alterations? one area of study that has raised the interest of many investors and scholars alike is indeed called numismatics.
The fact is one should put money into gold. it has served as a good protection of wealth in tough times like low inflation and economic depression trends. There are two basic forms of physical gold coins. Numismatic is the first type and bullion is the second type. Coin collectors treasure and value numismatic coins due to its popularity . in contrast, bullion coins’s value are due to the actual content of them. Buyers of numismatic coins are curious about the actual coins while those who acquire bullion coins are investing in content of the precious metal for example the amount of gold in the coin piece.
Below are the tips if you are among the several coin collectors who want to invest in numismatic coins:
Be aware of the Risks Associated with Numismatic Coins Numismatic coins are expensive investments. it is no joke to invest in this kind of coins, which is the reason you ought to be very passionate in whatever it is that you do in this business. the value of gold in the international market may have the tendency to decrease, this is the common risk that you may face in owning physical gold. if given a time that you’ll sell your coins, there is a probability of you losing part of what you have invested. moreover, theft is a common occurrence. Coin investors and collectors must understand how to protect their coins to minimize this common misfortune.
Research For the Real Value Of the Coins Coin collectors must have collector’s price guide. You can readily buy the latest guide online or from different coin dealers. the type, condition and the date of release are the categories of the coins. the price provided in the price guide is the market value of the coins.
To be aware of the over-all condition of the coins, grade the numismatic coin using a 3rd party grading service. How it is? A company examines your coins and rates them according to the authorized American Numismatic Association grading standards. this standard is accepted around the world and it can tell you the general status of the coin. Locating the office of the third party graders is now made easy. Simply, contact the American Numismatic Association or the Professional Numismatist Guild. A proof of grading is provided to the owner of the coins. the owner can use it to reassure interested customers that the coins being advertised and marketed are precise and accurate very much like the descriptions in the advertisement.
Read and Research and Explore the World Of Numismatics Read and research about the coin’s age, rarity and its content aside from knowing its actual condition. these are vital information. Seek someone who not only knows what he is saying, but also a well respected man whose opinion and objectivity is well regarded just like an expert numismatists or a professional grading service officer.
Managing numismatic coins is not as easy as collecting stones and other collectibles. it is a science. in order to succeed in this kind of investment, one must learn its various elements. Read, research and ask. those are the three important tricks so that you can be successful in this ?kind of? investment.
Monday, 5 December 2011, 1:23 pm Press Release: New Zealand Post
28 November 2011
Kiwi collectors coins bringback kōwhai after 22 year absence
puregold $10, pure silver ‘proof’ $1, pure silver ‘specimen’ $1.
New Zealand Post has begun a newchapter in its highly successful series of collectors coinsfeaturing our national symbol – the kiwi – lovinglypictured in pure gold and pure silver.
“We expecta warm reception for these coins based on their intrinsicbeauty and on the popularity of the ‘Icons of NewZealand’ coin series we issued between 2008 and 2010,”Simon Allison, the Sales and Marketing Manager of NewZealand Post’s coins business says.
“The earliericons series featured a kiwi alongside (respectively) a mapof New Zealand (2009), the Southern Cross (2010) and thesilver fern (2011). Those coins made their way tocollections all around the world – with the ‘map’ coinselling out completely and only small quantities of theothers available on our website.
The 2012 coins –which have just been released – are the first entry in a newthree-part series called ‘Kiwi Treasures’ – which willbe released between now and 2013.
“The 2012 entryin this series are stunningly beautiful coins – with thetails side shared equally between our most famous naturaltreasure the kiwi, and iconic New Zealand flower thekōwhai.
“The second and third entries in the‘Kiwi Treasures’ series will come out at the end of nextyear and at the end of 2013 respectively, and each willfeature the much loved kiwi alongside a different naturaltreasure.
Kōwhai’s triumphant return
Thedecision to feature the kōwhai on the 2012 coin will be ablast from the past for anyone who remembers 2-cent coins -over 400 millions of which were issued between 1967 and1989.
“every 2-cent coin featured the kōwhai asits ‘tails’ side – and the 2012 Kiwi Treasures coin isthe first legal tender coin to feature the kōwhai since1990 when 2-cent coins were withdrawn from circulation,”Simon Allison says.
However this time out thekōwhai coins have increased greatly in value andprestige.
Three variations of the 2012 coin havebeen released – two are 1 oz pure silver coins which are40mm across, while the third is 1/4 oz pure gold andmeasures 26mm across.
• The entry level puresilver ‘specimen’ coin has a face value of $1 and sellsfor $79.00. it is available in a limited edition of 13,500.
• The pure silver ‘proof’ coin, has the sameface value ($1), but the engraving is more strongly 3D,featuring both polished and frosted highlights. Just 5,000will be available at $129.00 each.
• The rarestand most valuable coin is made from pure gold – certifiedas 0.9999. Only 950 of these $10 face value coins will bemade available worldwide. The gold coin will sell for$895.
“when you look at the incredible journey thekōwhai has made on our coinage, it’s quite amazing,”Simon Allison says.
“The 2-cent coin was, by theend, a bit of a hassle – with a bulging handful being barelyenough to buy a sandwich. By contrast these new KiwiTreasures kōwhai coins are truly stunning limited-editioncollector’s pieces – to be kept and passed on to futuregenerations, or to be proudly put on display,” hesaid.
The 2012 ‘Kiwi Treasures’ kōwhai coinsare available now through selected New Zealand PostShopstores, at REAL Aotearoa stores in Auckland and Wellington,online at www.nzcoins.co.nz, or by phoning 0800 NZCOINS (692 646) or 0800 88 88 72 (for Chinese speaking salesqueries)