Rare Coin Values: The Excitement of the Search for Coins of Great Value
Coin collecting is a pastime that blends the excitement of a treasure hunt with the chance of really hitting it big in coins. If you like the idea of going on a treasure hunt, you are going to love coin collecting. There are some amazingly valuable coins in circulation. When you buy something in cash, one of those coins dropped into your hands as change could be worth a lot more money. If you know what to look for, you are likely to find a valuable coin.
Most of us have coins in a jar in our house. To avoid the inconvenience of putting coins into rolls, have you ever just dumped them all into a coin counting machine at a store?
The machine takes 10% of the coins’ value, which is annoying in these tough economic times. At the same time, you don’t get to enjoy looking through your change to check if the pieces are rare or collectible. Alternatively, spread your loose change out on a flat surface, and sort through them when you get the chance.
If you find an Indian Head penny, you have made a tremendous find indeed. This type of coin produced from 1859 until 1909 was in fact intended to represent the face of Lady Liberty. However, her hat makes her look like a Native American Chief, so the pennies became known as Indian Heads. If you can read the date on an Indian Head penny, that coin is worth a hundred times more than its face value. The worth of an Indian Head cent will vary based on its minting date and condition. For example, may be valued as much as $20 depending on its condition,a 1894 Indian head penny.
Made in 1916, the Mercury dime, would be a wonderful find for coin collecting. It is actually Lady Liberty making an appearance again,while some people think the figure is the Roman god Mercury. (wearing a feathered headdress in this instance). Mercury dimes are valued at a dollar, except if they’re badly damaged. A number of these ten cent coins have a value thousands of times more than that.
Some of the most popular coins to collect are the Morgan silver Dollars from 1878 to 1921. The silver comes from the famous Comstock Lode in Nevada,and the reason people love these silver dollars is that their compostion is 90% silver. Of course,you’re not likely to find Morgan silver dollars in your coin jar. If you want to collect coins of this kind, you’ll need some advice beforehand.
“A Beginner’s Guide to Coin Collecting,” will give you needed information for identifying, buying and selling valuable coins, and is available at
http://www.beginningcoincollectingbooks.com
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