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Very Rare

October 31st, 2009 admin No comments

Very Rare

The Thrills of Rare Coin Collecting

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.” Alan Greenspan, 1966. One of the things every investor quickly discovers is that there are no sure deals or “can’t lose” investments in this wild and wooly world. There is always risk in the marketplace. Always. The key to success is to weigh the pros and cons of every investment, and determine the prospects of success.

For those who are beginners to the world of coin collecting, if you’ve already amassed a decent collection of coins, the first thing that would probably enter your mind would be, “are any of my coins rare or valuable?” This may be a tough question to answer, as an old coin may not always be a truly “rare” one. For example, you may have an old wheat penny in your repository, but what you don’t know is that there may be thousands of these wheat pennies that were circulated before. However, it would also be possible that a coin in your collection may be a truly rare one, although you’re not aware of it. Because of this possibility, it would be best if you delve some time learning about the tools required in identifying rare coins, as well as in embarking on rare coin collecting.

In the art of rare coin collecting, there are two major categories or classes for defining rare coins: Mintage Rarities and Grade Rarities. A Mintage rarity coin is a coin that is rare because it has a low mintage relative to market demand for the type. A Grade rarity coin on the other hand, is an otherwise common coin that is only rare because it falls in certain grades, like the current date U.S. Cents graded MS-70. In properly finding out if you got a rare coin in your collection, it would be best to check out The Official Red Book , which is considered the Bible for US coin collectors. This important book lists and indexes every kind of coin that was minted in the US, and also includes information on when each penny was made, how rare they are now, and what their current values are. Each coin in the book is represented in clear photographs, to properly inform collectors of their size and exact appearance. The Official Red Book comes out with a new and updated edition each year as well. A good source of education regarding rare coins would be the Internet. The Worldwide Web has a number of coin-identification Web sites, which may be very useful to novice coin collectors. Apart from consulting The Official Red Book and scanning the Internet, you could also bring your coin collection to a reputable dealer. These reputable and professional dealers ensure that they properly asses and identify your coin collections, and provide you with vital pointers for identifying rare coins.

Rare coin collecting can be a great adventure. You Can search for rare coins that offer good value on the Web, or in coin auctions, or you may also drop by a flea market. Flea markets, according to numismatic experts, are places where people go to buy different sorts of items at truly affordable prices. For budding coin collectors, this market can be a rare coin “paradise”, since you may be able to spot rare coins that are sold at rock-bottom, or very reasonable prices. According to veteran rare coin collectors, the most valuable and truly celebrated rare pennies are those that have minting errors, and have values ranging from a few dollars, and are still in circulation today. In addition, there are a number of rare coin dealer Web sites that provide collectors with a listing of modern rare coins, and show their prices as well. The art of searching for rare coins is truly an exciting and interesting one, especially when it leads you to a rare "find".

 

About the Author

HERMAN KLEIN is a coin collecting expert. For more great tips on rare coin collecting be sure to visit http://www.coincollectingstartshere.com.

VERY RARE TRUE 1ST Prophet by Kahlil Gibran HB 1923
VERY RARE TRUE 1ST Prophet by Kahlil Gibran HB 1923
Paypal   US $9,999.00
Robert Frank New York Is 1st Very Good Very Rare
Robert Frank New York Is 1st Very Good Very Rare
Paypal   US $7,500.00
VERY RARE Pilgrimage by J C Beltrami HB 1828 Vol II
VERY RARE Pilgrimage by J C Beltrami HB 1828 Vol II
Paypal   US $5,000.00
VERY RARE BOUND MANUSCRIPT New Moon by Stephanie Meyer
VERY RARE BOUND MANUSCRIPT New Moon by Stephanie Meyer
Paypal   US $5,000.00
VERSES By LBT 1877 Very Rare Edition
VERSES By LBT 1877 Very Rare Edition
Paypal   US $3,600.00
Very rare books Louisiana 3 vol French Paris 1758 maps
Very rare books Louisiana 3 vol French Paris 1758 maps
Paypal   US $3,500.00
HISTORY OF DENVER 1901 JEROME C SMILEY1st 1st very rare
HISTORY OF DENVER 1901 JEROME C SMILEY1st 1st very rare
Paypal   US $3,500.00
VERY RARE MOEURS ET USAGES DES TURCS 1747
VERY RARE MOEURS ET USAGES DES TURCS 1747
Paypal   US $2,800.00
Auth Antique Bible Very RARE Pirate print 1643 Dutch
Auth Antique Bible Very RARE Pirate print 1643 Dutch
Paypal   US $2,650.00
Very Rare 1stEd Judaica 11V Graetz Geschichte der Juden
Very Rare 1stEd Judaica 11V Graetz Geschichte der Juden
Paypal   US $2,500.00
THE ENGLISH LAWYER WILLIAM BOHUN 1732 VERY RARE
THE ENGLISH LAWYER WILLIAM BOHUN 1732 VERY RARE
Paypal   US $2,499.00
VERY RARE BIBLE 1ST EDITION JOHN WESLEY JOURNAL ENTRIES
VERY RARE BIBLE 1ST EDITION JOHN WESLEY JOURNAL ENTRIES
Paypal   US $1,999.00
QUEEN VICTORIA ASSEMBLAGE DELHI 1877 VERY RARE PHOTOS
QUEEN VICTORIA ASSEMBLAGE DELHI 1877 VERY RARE PHOTOS
Paypal   US $1,998.00
VERY RARE 1ST ED BARTRAMS TRAVELS RETAILS FOR $10000
VERY RARE 1ST ED BARTRAMS TRAVELS RETAILS FOR $10000
Paypal   US $1,900.00
Barzevi Keller MIGRANTS OF THE STARS Sci Fi Very Rare
Barzevi Keller MIGRANTS OF THE STARS Sci Fi Very Rare
Paypal   US $1,800.00
BLACK PRINCE Very RARE PAPIER MACHE BINDING Illuminate
BLACK PRINCE Very RARE PAPIER MACHE BINDING Illuminate
Paypal   US $1,799.99
VERY RARE Book 1676 Franco Dutch War French Army
VERY RARE Book 1676 Franco Dutch War French Army
Paypal   US $1,695.75
Barack Obama Yes We Can 1 1st Signed Very Rare Binding
Barack Obama Yes We Can 1 1st Signed Very Rare Binding
Paypal   US $1,542.36
Nelson Mandela Zulu Shield Binding 1 1st Very Rare Sign
Nelson Mandela Zulu Shield Binding 1 1st Very Rare Sign
Paypal   US $1,536.18
MISS MATILDA ARCHAMBEAU VAN DORN 1892 very rare ILLUSTR
MISS MATILDA ARCHAMBEAU VAN DORN 1892 very rare ILLUSTR
Paypal   US $1,503.00
1840 Argentina very rare doc w map Battle Quebrachito
1840 Argentina very rare doc w map Battle Quebrachito
Paypal   US $1,500.00
1992 by Larry Clark VERY RARE Early Clark Title NEW
1992 by Larry Clark VERY RARE Early Clark Title NEW
Paypal   US $1,500.00
HIGH HISTORY HOLY GRAAL JESSIE KING VERY RARE 1st 1903
HIGH HISTORY HOLY GRAAL JESSIE KING VERY RARE 1st 1903
Paypal   US $1,466.71
1920 HOUDINI 1st Ed VERY RARE With HOUDINI BOOKPLATE
1920 HOUDINI 1st Ed VERY RARE With HOUDINI BOOKPLATE
Paypal   US $1,381.79
VERY RARE Ferus Gallery Poster HASSEL SMITH 1959
VERY RARE Ferus Gallery Poster HASSEL SMITH 1959
Paypal   US $1,299.99
Frank Herbert Dune 1st 4th HC DJ SIGNED VERY RARE
Frank Herbert Dune 1st 4th HC DJ SIGNED VERY RARE
Paypal   US $1,299.99
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