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Friday, November 21, 2008
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A second big category of damage type we see on coins is fingerprints. The oils and acids present on one's hands can damage coins if left on the surface of the coin for an extended time. Initially, they can cause a fingerprint pattern toned area that is unattractive and lowers the value and grade of the coin. Left unattended, these oils and acids can eventually etch the surface of the coin making the fingerprint permanent. Even handling coins by their rims still allows the dangerous compounds onto the rims of the coins. Using a pair of soft cotton gloves when handling raw coins helps protect all three surfaces of the coins. Make sure you get a pair of thin gloves so that you can still feel the coin. Bulky work gloves make it harder to handle small items and increases the risk of dropping the coin.
Buy US paper money.

One of the reasons there is such a disparity between what the average consumer expects, and what the coin dealer actually delivers when it comes to buying coins from the public is that coin dealers see vast amounts of common "junk." By "junk" I mean common date wheat pennies, circulated Buffalo Nickels and Mercury Dimes, worn Washington Quarters and circulated Franklin and Kennedy Halves. Coin dealers are offered so much of this type of material that many of them get tired of seeing it. They give such material the cursory once-over and offer low-ball prices for it based on long experience. Usually people have already pulled out the more valuable coins, leaving the "junk," (or at least the the dealer must assume so.)
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Many factors determine the value of a gold coin, such as its rarity, age, condition and the number originally minted. Gold coins coveted by collectors include the Aureus, Solidus and Spur Ryal.
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If numismatists - those expert in coin collecting and valuation � agree on one thing, it's that coins should never be cleaned. Every coin dealer has horror stories about a non-collector who comes into his shop with a box of shiny old coins. Most of the time, the coins have no numismatic (collector) value at all; they are just old but common coins. But occasionally, a rare former beauty is found in the mix. It's a former beauty because whatever value it once had has been scraped off by an excited finder and a jar of silver polish. The coin, which might have been worth hundreds or thousands of dollars, is now all but worthless.
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Top Ten Rarest Liberty Head Quarter Eagles

Fri, 05 Sep 2008 13:28:54 +0000
By Doug Winter - www.RareGoldCoins.com
The response to the article that I wrote last month on the ten rarest Liberty Head eagles was so overwhelmingly positive that I’ve decided to extend this format to other denominations of Liberty Head gold. This month’s topic: quarter eagles.
The Liberty Head quarter eagle series was produced from 1840 through ...]

The Phantom Opera

Thu, 25 Sep 2008 11:53:34 +0000
By Wayne Sayles - Ancient Coin Collecting
Anyone who pays the slightest attention to Washington doings can hardly avoid being struck by the operatic nature of governance. It may be humorous or tragic, by turns, but it can also be mysterious. How do rather consequential things happen? Better yet, who makes them happen? These are ageless ...]

US Mint to Reveal 2009 Lincoln Commemorative Silver Dollar Coin Designs

Mon, 17 Nov 2008 13:02:39 +0000
The U.S. Mint on Wednesday will reveal 2009 commemorative silver dollar coin designs honoring Abraham Lincoln, the sixteenth President of the United States.
The unveiling will take place during the Dedication Day Ceremony at Soldiers’ National Cemetery in Gettysburg, and on the 145th anniversary of the day Lincoln delivered his historical Gettysburg Address.
Mint ...]

Sale of Old Coins Irks Archaeologists

Thu, 07 Aug 2008 18:14:16 +0000
“Some archaeologists are piqued that genuine ancient coins are being sold in a benefit auction to preserve collectors rights,” says Wayne G. Sayles, executive director of the Ancient Coin Collectors Guild ( http://www.accg.us ).
In a recent post online, one archaeologist likened the private collecting of ancient coins to the slaughter of African elephants. ...]


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How do I start collecting suilver coins?. Anyone here know?
 
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