Coin Collecting And Design Types Of US Coins

Coin collecting is a pleasant activity that everyone with a little spare time can participate in. Collecting coins allows you to learn about a coin's history and evolution.

Between 1838 and 1933, the United States of America minted gold coins for circulation. Until 1907, the Liberty Head bust was used as the design. Until 1933, when the "Great Depression" began, the design was modified to the Indian Head and Saint Gaudens themes. This resulted in the coins being recalled, making them extremely difficult to get by today.

The 1933 Double Eagle is the most expensive coin in the world. This was a $20 gold coin produced following the California gold rush in the 1800s. When this coin was auctioned in 2002, it sold for about $8 million dollars, despite the fact that it was not authorized to be used in the 1930s.

Because gold coins are difficult to come by, most collectors choose for alternative options.

One form of collection you might want to examine is one made up of coins that were produced with flaws. These coins are valuable if you can discover one with a misspelled word, an incorrect date, off-center qualities, or double-punched markings. Such errors can boost the value of a coin from $50 to $1000.

Coins that were only minted or circulated for a brief time might potentially be valuable collectibles.

When a coin collection is concentrated on a single coin, it is at its best. Pennies, nickels, dimes, quarters, and dollars are available to collectors.

Another method of collecting is to ignore the sorts of coins and focus on a specific time period. Different mint markings exist on coins, and collecting those that were produced in the same region may be fun. For enthusiasts, the most essential thing is to stay with the collection until it is finished.

For information on the sorts of coins you might like to collect, subscribe to a coin periodical such as Coin World or Coinage Magazine. The internet or a local coin store can also aid in the hunt for coins that aren't available in your area or that are out of state.

It will take months, if not years, to amass a coin collection. The United States has created so many coins that keeping track of them is difficult. The task of completing your collection begins when you decide which coin(s) you wish to gather.