Monday, 30 March 2009

Search Ebay Coin Auctions

eBay Inc.Image via WikipediaIf you are a coin collector, you should be happy to know that coin collecting is easier today than ever. Before the advent of the internet, for example, coin collectors had to travel far and wide to meet with other collectors. They had to go to coin collecting shows and, depending on how serious of a collector you were, coin collecting was a member's exclusive club. Today, coin collecting has become much easier and more widespread thanks to internet auction sites such as Ebay. All you have to do is search Ebay coin auctions to obtain those hard to get coins, rare coins, foreign coins, or whatever else you collect. You can browse coins in the comfort of home and you can have the coins delivered right to you.

What You Need

In order to search Ebay coin auctions, all you need is a computer and an internet connection. There are many coin collectors out there who love to show their collections off on the internet and you can even bid on these rare coins, just as you would at a real coin auction. The only difference is that you never have to leave your house.

In order to show off your own collection, and to offer your rare coins to other collectors, you will need to set up an Ebay account. You don't need an account to search Ebay coin auctions, but you will need an account if you hope to auction off your own coins. To create an account, simply follow the directions given to you by the Ebay website. Your payments will go through a website called Paypal, or you can set it up using a credit card. Ebay will take a small percentage of whatever you get for you coins, but it's a small price to pay for the exposure. Think of all the people who will search Ebay coin auctions and think of all the people that will see the coins you're offering.

To set up your own coin auction, simply take a picture of whatever coin you are looking to auction off. Then, write a short description of the coin. This is what others will see when they search Ebay coin auctions. You can set a starting bid price and then see where it goes. You also have the option of setting up a time limit on your bid. Just make sure that you are happy with the limits you set because once the bid is over, that's the price you're going to get.

If you are a collector and you're not too keen on leaving your house to do your collecting, just search Ebay coin auctions to find those rare and unique coins, or post your own to help someone build their collection. Thanks to Ebay, coin collecting has never been easier.

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Friday, 27 March 2009

Ancient Coins as Collections

My CoinsImage by 444-l)! 4y4+ via FlickrCollecting coins is so much fun! It is both a hobby and a source of income for many. One type of coin that you may want to consider collecting is ancient coins. Many collectors hesitate to buy ancient coins to collect because they can be terribly expensive. What is most important is the uniqueness of these coins and the benefits they provide their collectors.

Here are some tips that should be considered when buying ancient coins:

1. Conduct a research of ancient coins. It is important that a collector is aware of what coins are considered ancient. It does not require a collector to go to a library since many websites on the Internet can provide all the information needed to become well-informed about ancient coins.

2. There is a wide variety of ancient coins available for collectors. A collector can choose from different eras and civilizations. He can choose from a Chinese civilization, ancient Rome, Greek, Persian, etc. It is preferable for a collector to focus on a specific group or era when collecting coins.

3. Once a selection has been made, a collector may then focus on the buying of these coins. To start select coins that are least expensive –set a price range such as $20. Once the collection grows, he may then want to start buying the more expensive coins.

4. A collector may also try searching for ancient coins at auction houses or online auctions where ancient coins are available. Always be aware of possible fraud no matter which venue you are using and take extra care in buying coins at online auctions.

5. It is also suggested that the collector make a list of the ancient coins that he would like to buy. He can list them according to his order of preference which will make his search for ancient coins an easier task. Included on his list should be the amount he is willing to spend on a certain type of coin. The list will be helpful whether online or at an auction house, enabling him to manage his budget easily.

6. It is important to have a separate holder for his ancient coin collection or his other collections. Separate holders will help the collector organize and preserve his coins. Ancient coins are generally more expensive than other collectible coins so it is necessary for a collector to know the proper care for them.

Ancient coins should not intimidate coin collectors. They are an exciting way to enjoy the hobby of collecting coins. Not only do they provide fun but they serve as a source of knowledge for many coin collectors.
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Saturday, 21 March 2009

What Types of Coins Do Collectors Love?

Simplicity is not the best policy when it comes to coin collecting
. Oftentimes it is the rareness, the history, or the mother country of the coins that collectors value most.

Here is a wide array of the variety of coins that "coinophiles" are obsessed with:

National Coins: Patriotism in Coins

Usually, national coin collectors are interested in collecting their own country's coins. It is common practice for collectors of national coins to get a representative coin from each date and mint marks for each coin series. Various national coin collectors combine a unique variation of series, date and mint marks.

Error Coins: It's OK to be Not-So-OK

One of the modern types of coin collecting is known as error coin collecting. Errors became possible when the production of coins was automated during the nineteenth century. Collectors of historic coins are fine with error coins because they like the uniqueness or error coins. Even modern day coin collector falls in love with error coins because they are assured that the modern processes promise that they are unique. The characteristics or coin errors include the following:

- dies that are doubled
- mint marks that are repunched
- over-dated
- double strikes
- coins that are “off” metal
- coins that are displaced or off center
- coins that are clipped
- one coin with different nominations on two sides a.k.a. mules

World Coins: Hobby of Kings…. of the World

Collecting world coins is about gathering those modern coins from all the countries of the world. Geographically-challenged individuals will have a hard time participating in this kind of coin collecting. If you would like to be a collector of world coins, you must be prepared to spend a considerable amount of money if you would want to have an extensive collection - being a “jetsetter” might be required. World coin collectors often acquire representative coins from each country or from authorities that issue coins. There are also world coin collectors that collect by subject such as those coins that feature animals.

Historical Coins: The Value of the Past

Collectors of historic coins find value in mints that are from medieval or ancient times. The most popular of these historic coins include the following:

- Byzantine
- Celtic
- Greek
- Indian
- Israelite
- Merovingian
- Ostrogothic

There are other ancient coin specialties but it really depends on the preferences of the collectors. The popular way is to collect the coins that were minted during the reign of a certain emperor or king.

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Monday, 16 March 2009

Coins Minted In Gold, Silver And Platinum As Investments In Metal

Coin issued during the reign of Roman emperor ...Image via WikipediaCoin collecting goes back over many centuries. It is man's inborn nature to collect something. And coins are one of the most popular collectable objects. The collection of coins, whether by professionals or amateurs, is called Numismatics. This article is a list with the most popular coins made from precious metals. People always collect coins, especially ones which are minted from precious metals like gold, silver and in later years from platinum. The early technology of coin-making was very primitive for many centuries. And many sorts of coins had very varied shapes.

It is well known that the first coins were minted in Lydia (this kingdom was placed in the south western part of modern day Turkey) in about 560 BC. And those coins were made of gold. The first silver coins were coined in Greece, in the state city of Argos in about 700 BC.

The first platinum coins were coined in Russia in 1828. There were 3, 6, and 12 ruble coins. The minting of Russian platinum coins was stopped in 1844. Platinum coins were never used as widely as gold coins and silver ones. Some other countries minted coins made from platinum, but they were commemorative coins for collectors, not intended for daily use.

Every country has minted gold and/or silver coins. There was a long period when people used gold and silver coins as an instrument of payment in their daily lives. But from 1933 year making gold coins was almost stopped for daily use in all countries of the world. Many countries still mint coins from precious metals, but their minting is for commemorative coins that are not made for daily shopping, such as in supermarkets. This is because the precious metals scrap price of the precious metal present in most of these coins now is higher than their face value as legal tender coins. Precious metal refiners such as http://www.goldscrap.co.uk/ will accept all types of Gold, Silver and Platinum bullion coins and scrap metals, paying the highest rates for your investment bullion and coins.

There are almost as many reasons for collecting coins as there are people collecting them. First of all, gold, platinum, silver and other precious metals has always been one of the best ways for keeping and increasing your savings. This means gold, platinum and silver coin collections are a good idea for your investments. Really, sometimes your coin investments can increase in value from 25% to 100% per year. What Bank can offer you so large a yearly income? Of course, you are unable to get any cash until you sell your coins. Investment in gold coins, platinum coins and silver coins is not generally subject to reducing prices. Make sure, you chose a coin dealer that has a good reputation before you start to invest your money in any coins. Conduct research on how long a dealer has been in this business. Never purchase coins from an unknown dealer, if you cannot check his/her business reputation. Because there are a lot of swindlers trying to sell fake coins these days. So, be careful every time when you buy coins from new sellers.

Three main factors determine the value of coins - condition, rarity and age. The value of commemorative gold, silver and platinum coins is always more than their face value. And prices are growing quickly on many commemorative coins and coins bearing certain dates. In some cases, the price can increase by up to 200% in just one year! Also it is a very interesting hobby to collect coins. Every coin is a piece of the human history, and you can touch this history your own hand.

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Wednesday, 11 March 2009

Coin Grading – a Technique you Must Master

Coin CollectionImage by flash2 via FlickrMain purpose of this article is to give you an insight on coin grading and guide you further into understanding everything related to this subject.

For Coin collectors, there is always the need to have more coins, to have good coins in the collection. It is always easy to buy new coins for your collection but you need to make sure that the coins you buy are valuable. If you ever need to sell them this will make sure you can do it without many problems. Following the coin grading system is probably the best way to find out the economic value of your coins.

Coin Grading is essentially the process of determining the grade or condition of a coin, the fundamental factor in its value. Coins from diverse countries have different coin grading systems but for the most part they are similar. Although Coin grading has evolved over the years to a system of finer and finer grade distinctions, the coins will be given dissimilar values depending on what the coin dealer or coin collector’s Knowledge of coin grain is like.

It normally takes many years before coin collectors or dealers gain enough experience about coin grading. Because of this coin grading will always be unsure about the value of coins. As of 2006 there are four major grading services:

- PCGS (Professional Coin Grading Service)

- NGC (Numismatic Guaranty Corporation

- ANACS

- ICG (Sometimes criticized for its grading of modern coins)

I highly encourage you to look for expert advice before making any significant rare coin purchase.

Although if you want to learn more about the basic of coin grading there are very excellent coin grading books available that deal with the subject. Reading books like that should help you understand the different coin grading systems used in the industry. Using the books as a reference guide you should try to give a coin grading to the coins you have in your collection. This process should help you understand the diverse values that have been given for the coins.

As i wrote earlier, coin grading is uncertain and you will find that no tow coin dealers agree on all of the points. Thus it is good to remember what the various letters and symbols in coin grading mean. For example “Uncirculated coins” will often be given the rating of Mint State. This means this is a very good find for coin dealers and collectors. Even those coins will be categorized from the best to the worst.

Here are a few of the coin grading values:

- (Uncirculated or mint state) the coin grade is near perfect. The range of this grade is MS60 to MS70. MS70 is perfect.

- (Almost Uncirculated) the coin Grade is almost perfect, there is almost no sign of wear and tear

- (Extremely Fine), only a light dusting of wear on the highest points

- (Very Fine) the coin grade shows little wear with the major features of the coin very sharp in detail.

- (Fine) There is a moderate to considerable even wear on the coin.

- (very Good) Well worn, and shows slight detail on the main features of the coin.

- (Good) Very worn features, mostly flat in appearance.

- (About Good) Very heavily worn with lettering, details, and dates worn smooth. The worst possible condition of a coin.

Understanding what these various coin grading values are will help you with your coin collection. Very Soon you will know the various prices that are given to different coins.

I hope the information above was useful.

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Saturday, 7 March 2009

Coins: Joining a Coin Club

People engage in social activities for many reasons; most common is sharing in the same interest and passion as other people. It is in places like these that information about a certain subject is shared and new ideas and trends are revealed that keep its members up to date with current events that happen in that club.

A coin collection club is the same. Since the number of people who have been doing coin collecting has increased over the years, the vast network involves numerous clubs in several states. In these clubs amateurs and professionals can share, trade and bid for new items to add to their existing collections.

There is never a wrong time to join a club. The challenging part is looking for one. You can start by asking the local coin dealer for help.

Some coin clubs can even be found on the internet and they will require that a membership fee be paid. Coin clubs often can also be found in the newspaper especially when events are advertised that invite the public to come and visit the exhibit.

If a person is still having a hard time finding a coin club then inquire at the local library or the Chamber of Commerce as they may be able help provide information.

One benefit of being a member is that it is easier to find someone who will buy coins at a good price. Or perhaps other members may want to part with some of their coins in exchange (called bartering) for other coins. Most local coin stores only have a limited selection that is available for trading.

Another benefit of becoming a member is obtain articles which feature a certain coin collection or discover better ways of caring for a collection. The club also informs its members about upcoming events so the individual can plan ahead to be able to attend the events.

Coin clubs are formed so that everyone who loves coins can have fun. This means that it is not only for those who have a collection at home; it is open to novices, experienced collectors who have done it for years, as well as coin experts They build a network that enable collectors to assist others. To become a member of a club just find a suitable one and join the fun!
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Monday, 2 March 2009

Coin Shows

Didn’t much care for coin collecting until the day I found my grandpa’s set lying in the artic when I was twelve. I picked it up right away and feel in love with the shiny silver coins. Now at my age, I am good at telling the real deal from knock offs and love coin collection. To me it’s more than a hobby it’s my passion.

As I became more diverse in the coin collection game, I attend coin shows and I must say that I really enjoyed them and still do. This shows showcase thousands if not millions of coins that have been collected from all over. Many of the people that go to these shows are coin dealers and collectors and you get to meet people who have taken to coin collection like you have.

There are different kinds of shows, there are the big shows which are tended by lots of people but you tend to miss out at the chance to buy and coins let alone get a rare or valuable one. That is why I travel to the smaller coin shows that have less people and it is easier for someone to go through the number of coins that are showcased there.

If you decide to go to these coin shows you will probably leave there a fan of coin collecting and you will have fun look at all the coins that are displayed there. You will also get to learn first hand how to start your coin collection and how to progress from there.

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