S. Chaser

Coin collecting is a pastime that blends the excitement of a treasure hunt with the chance of really hitting it big in coins. If you like the idea of going on a treasure hunt, you are going to love coin collecting. A number of truly astounding coins of great worth are circulating. When you buy something in cash, one of those coins dropped into your hands as change could be worth a lot more money. You may be able to find a quite valuable coin, if you know what you are looking for.

coin collecting

Most of us have coins in a jar in our house. Have you ever dumped the coins into a machine at the grocery store to avoid the hassle of rolling them. The machine consumes 10 % of the coin’s value which is serious matter in these difficult economic times. At the same time, you don’t get to enjoy looking through your change to check if the pieces are rare or collectible. When you have a bit of spare time, pour your coins out on a tray and give them a look over.

coin collecting books

The Indian Head penny is a particular coin to keep an eye out for. This type of coin produced from 1859 until 1909 was in fact intended to represent the face of Lady Liberty. She resembles an Indian chief, however, because of her hat, so people started to call the pennies Indian heads. If the date can be read clearly, nearly all Indian Head pennies have a worth of about a dollar each. The worth of an Indian Head cent will vary based on its minting date and condition. A 1894 Indian head penny, for example, may be valued as much as $20 depending on its condition.

rare coin values

The Mercury dime, which started being made in 1916, is another coin of interest to watch for. It is Lady Liberty actually, and not Roman god Mercury making yet another appearance as some people think. (with the feather headdress this time). The value of a Mercury dime is a dollar unless its condition is bad. Some of these dimes are worth thousands of times their face value.

The Morgan Silver dollars, whi are dated 1878 to 1921, are among some of the most sought after coins for collectors. The silver comes from the famous Comstock Lode in Nevada,and the reason people love these silver dollars is that their compostion is 90% silver. You’re not likely to find Morgan silver dollars in your coin jar, of course. You should ask for advice before you attempt to collect this type of coin.

You can find ‘A Beginner’s Guide to Coin Collecting’ at ………. It has all the information needed to identify, sell and buy valuable coins. http://www.beginningcoincollectingbooks.com

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