When I show friends my coin collection, the coins that really give a ‘Wow’ reaction are the Roman coins. My friends must dream of the coin in the purse of some Roman Centurion around the time of Jesus, and it must be worth a fortune. They are soon shocked, and somewhat disappointed, to find that most Roman coins have a value of no more than a few pounds or dollars. How can this be?
The first collects with little regard to selling the acquisitions and the other acquires in order to sell. Is one necessarily better than the other? I’m a little of both and I can’t say one is inherently better than the other. Each however can learn from the other.
Keep a good relationship with at least one of the dealers. Visit their shop regularly and have a small talk with the owner when you buy something. Ask for a discount if you feel like the price is higher than market.
The Gold Eagles are legal tender coins. It is the official bullion coin of the United States of America. It was legalize under the Gold Bullion Coin Act of 1985 and was then released in 1986 by the United States Mint. Since its introduction, over 13 million of the one-ounce coins have been minted and distributed. The United States Mint largely produces the custom challenge coins for the United States. It operates in six facilities across America. Gold Eagles Coins minted in 1986-1991 use Roman numerals. In 1992, the dates were changed to Arabic numbers by the United States Mint.
Clad coins are, of course, the easiest to clean. Even if you goof up they are still spendable, so no foul no harm; or is it no harm no foul. In any event, it is fool proof. It’s up to you to determine if you think the coin is worth more or not.
Study graded coins and try to figure out why they were given that grade. If you can’t tell, show an expert. With experience and effort, knowledge will be attained and grading skills developed. The more you know, the better you can navigate the rare American coin market.
Coins over a five-cent value have corrugation on the edge. This is also called reeding. Genuine coins will have reeding that is evenly spaced and the edges of the coin will be thin. On counterfeit coins the reeding may not be even and may actually be missing in some spots. The edges of the fake coins may also be thicker.
Collecting coins is an exciting, as well as profitable, hobby but you should be well aware of the fact that there are many people who sell fake coins referring as authentic ones. So, before you put your hard-earned money in this hobby, study well and then purchase a coin.