(image) Three of the most popular sets sold by The United States Mint are now available for sale. And to make things even better, the Mint has reduced the price of the silver proof set by $17.00 from last year's price of $67.95 and kept the other sets at last year's prices.
2014 Proof and Mint Sets:
Images Courtesy of: The United States Mint, www.usmint.gov
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(image) No matter what level of coin collector you are, you must equip yourself with the right tools and supplies in order to take care of and enjoy your coin collection. Personally, I'm a gizmo and gadget type of guy. I like to try out the newest toys, play around with the latest coin holders, and experiment with the most modern equipment. When I first began collecting coins as a kid (back in the 1970s) I was more of an accumulator than a collector. But over the years wisdom set in and I am more knowledgeable about what is required to properly house and protect my coin collection.
If you're a beginner coin collector, you should concentrate on acquiring the supplies that are essential for every coin collector. As you progress in your coin collecting journey, you'll venture into new territories that require more precision equipment and better coin collecting supplies. I have written two articles to help you decide what is best for your coin collecting needs.
(image) With stories of people finding gold coins buried on their property and other coins setting a world record at auction, I thought I would have a little fun and publish the Top 10 Most Valuable Coins in the World. There are some coins that are unique and exist only in museums. Therefore a value cannot be placed on them and they are not included in my Top 10 list. Some coins have sold more than once at world record prices. Some of them made money for their owners and other ones lost money. See for yourself which coins hold a world record price.
(image) I am not a big fan of colorized coins mostly because they remind me of the shoddy colorized 50 State Quarters® that were sold at absorbent prices to unknowing citizens. However, this recent announcement by the Royal Canadian Mint caught my attention. To commemorate the 75th anniversary of the Royal Winnipeg Ballet, the Royal Canadian Mint is issuing a colourful tribute to the organization's rich artistic legacy in the form of a $20 silver coin. Maybe, subconsciously, it's due to my love of the classical arts, but there is something special about this coin that jumped out of the monitor at me.
You can click on the image above to view a high definition, full-color picture of this coin. According to the press release from the Royal Canadian Mint, "The coin's reverse image is an engraved rendition of a photograph by one of Canada's foremost dance photographers, David Cooper. Advanced 'sheer effect' colour faithfully recreates the stunning costumes worn by the dancers and further showcases the beautiful embellishments that adorn their traditional platter tutus." I just may buy one for my own collection to see this new technique that the Canadian Mint is using. The $20 fine silver coin is limited to a mintage of 7,500 and retails for $114.95. It can be pre-ordered by contacting the RCM at 1-800-267-1871 in Canada, 1-800-268-6468 in the US, or on the Internet at www.mint.ca.
Photo courtesy of The Royal Canadian Mint, www.mint.ca
(image) Most coin collectors got their start by collecting Lincoln pennies. For some of us more experienced (aka: older) collectors, we can remember a time when Lincoln Wheat pennies could be found in circulation. Those times are long gone and the occasional wheat penny found in pocket change is a surprise. The Lincoln Wheat penny value guide will give you an idea of how much a coin dealer will pay you for your Lincoln wheat cents. The price guide covers average prices that coin dealers will charge for you to purchase a Lincoln cent from them. Whether you are looking to buy or sell, these guides will give you the information you need to know to be a knowledgeable collector.
Image courtesy of: Heritage Auctions
(image) The latest edition of the classic reference book on coin collecting United States coins is now available. Whitman Publishing has released the 2015 Red Book (formally known as "A Guide Book of United States Coins"). Once again this year, Kenneth Bressett, Q. David Bowers and Jeff Garrett have teamed up to produce the 68th edition of this best-selling coin reference book. See what's new in the latest edition and find out where you can purchase euros for the lowest price in my latest book review.
Read the Book Review:
Image courtesy of: Whitman Publishing
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(image) While Eisenhower dollars were the last of the "big dollars", the coins made for circulation were copper-nickel clad and did not contain any silver. The last "big silver dollars" minted in the United States were the Peace dollars. This is a popular series to collect and more affordable than the Morgan silver dollars. Discover for yourself how to collect these beautiful coins in my coin collecting guides for Peace dollars.
Peace Dollar Collecting Guides:
Image courtesy of: Heritage Auction Galleries
(image) Grading copper coins can be one of the most difficult tasks a coin collector can encounter. One of the factors that are taken into consideration when grading copper coins (for example, Lincoln pennies) is the color of the copper. As copper comes in contact with air, water and other chemicals the copper will turn from a bright orange-red to a dark chocolate-brown. Third-party grading (TPG) companies assign the following adjectives to uncirculated copper coins: Red, Red Brown, and Brown. In my guide to grading the color of copper coins I have added a chart showing twenty different Lincoln pennies and their associated "color grade." These are actual examples that have been graded by a professional grading service. You can use this chart to determine the shade of copper for your coins.
Individual photos courtesy of Teletrade Coin Auctions, www.teletrade.com
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(image) With the volatile price of gold recently and the future health of the U.S. economy becoming questionable, more and more people are looking to invest in gold through the purchasing of gold coins. Unfortunately, there are also a few unscrupulous people looking to rip-off the uninformed consumer when it comes to purchasing gold coins. The Professional Numismatists Guild (PNG), which is composed of the country's top rare coin dealers, has put together a list of three things that everyone should know before they decide to invest in gold coins. So don't believe everything you see on television and don't listen to anything a telemarketer is trying to tell you over the telephone. Arm yourself with knowledge and check out what some of the country's top numismatists have to say.
How To Protect Yourself When You Buy Gold Coins:
Image courtesy of: Getty Images
(image) Many coin collectors have already taken the time to house their collection in folders and albums. But, if you do not store your folders and albums in the proper environment your coins may still get damaged. Even though coins are made of metal, and metal is very tough, coins can still be damaged from some harsh environmental factors. If you understand what these factors are and how they affect coins, you can select a place to safely store your collection where it will not get damaged.
I've written an guide that explains how you can safely store your coin collection. Additionally, you will understand which environmental factors can damage your coins and select a safe location to store your collection so that it can be enjoyed by generations to come.
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