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Collecting_Coins__What_Are_The_Types_And_Pricing_

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					Title:
Collecting Coins: What Are The Types And Pricing?

Word Count:
545

Summary:
Mints often come up with coins, medals and tokens that go on to become
collector items. Commemorative coins are very common, like coins for the
Olympics or some other historically significant event like the landing on
the moon by Apollo. A collectible coin has to be examined by the dealer
before it can be assigned a price tag. The first examination will place
the coin in the category of either denomination or type.

These coins come in various denominations like half cent c...


Keywords:
coin, collectibles, collecting coins


Article Body:
Mints often come up with coins, medals and tokens that go on to become
collector items. Commemorative coins are very co mmon, like coins for the
Olympics or some other historically significant event like the landing on
the moon by Apollo. A collectible coin has to be examined by the dealer
before it can be assigned a price tag. The first examination will place
the coin in the category of either denomination or type.

These coins come in various denominations like half cent coins, seated
quarters, large sized cents, three cent nickels etc. Most collectors like
to collect sets but since sets can prove steep on the pocket they settle
for at least one of each type. Some of the more common types are silver
dollars, dimes, nickels, the rare half dollar, cents and quarters.

Silver dollars would be priced more than the denomination it carries
because of the silver content in it. Common among these are the Morgan’s
which were minted from 1878 to 1921 and the Peace Dollar which made an
appearance in 1921 to 1935, considered the perfect addition to a
collector’s existing set.

The dimes started off in 1792 as 90% silver and 10% copper but the silver
content began to drop and in 1965 the value was debased. The dime now
became 75% copper and 25% of nickel as these were not precious metals.
The older dimes are naturally worth a lot more than their successors.
Amateur collectors do manage to find the Barber Dime that was minted 1892
to 1916 and the Mercury Dime minted 1916 to 1945, which are now rare
items.

By definition a nickel is 1/20th of a dollar and is often made of an
alloy of nickel and copper. Famous nickels are the Liberty Head “V”
minted 1883 to 1913 and here a truly authentic 1913 is very rare and
valuable and has many counterfeits to its name. Then 1913 to 1938 saw the
arrival of the buffalo nickel. During World War II the nickels minted
were generally of a composite of metals like silver, manganese and
copper.

Among the increasingly rare coins one notices that the 1948-1963 Franklin
Half Dollar is considered a real find despite being fairly recent. Along
with this, quarters are even more difficult to find like the Stan ding
Liberty minted 1916 to 1930, which is quite sought after and the Barber
minted 1892 to 1916, is even more so. Cents have their own place in the
coin collector’s album. They have been minted since 1856 and now come
under different collectible categories. The Flying Eagle Cent minted 1856
to 1858, the Indian Head Cent minted 1859 to 1909 and the Wheat Black
Lincoln Cent minted 1909 to 1958 are some of the coins sought after by
collectors.

Under specialty categories, one generally finds foreign coins which are
no longer in circulation and of a decent age. This would include the gold
coins minted before 1933 like the Gold Dollars minted 1849 to 1899 and
the Double Eagles, also known as the twenty dollar gold pieces, minted
1849 to 1933 and commemorative editions which come out from time to time.
Tokens and medals form a collection if they are of the subway and metro
types but are not individually classified as coins per se. They become
valuable if they are denoting some historical event etc.

Once this basic categorization is done, the dealer then goes on to the
next step of grading the specimen coin.

				
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