The hobby of coin collecting is a fun and anyone having some time can do it. The most easy way to learn about the history of the coin is to start collecting them.
Between the period of 1838-1933 the United States of America used to issue the gold coins. Can you believe it? Yes its true. The design for the coin until 1907 was that of the Liberty head bust. The design was later changed to the Saint Gaudens Motif and Indian Head up till 1933,when the great Depression has started. This great Depression led the coins to be recalled which is very rare to find now-a-days.
1933 Double Eagle can be considered as the most important and valuable coin in the world. This coin was a 20 dollar coin of gold. It was made as early as 1800's after the gold rush in California. This coin was debarred from being used in the 1930's and when the same coin was put into auction in 2002 it fetched a whooping sum of 8 million dollars.
The gold coins are very rare and therefore the coin collectors prefer other coins to collect.
The unique collection of coin you can consider is that of the coins which were not minted correctly at the time of minting. The coins having flaws will also be very valuable. The coins with a wrong date, misspelled word,double-punched marks, off-center characteristics, are very precious. These mistakes can increase the worth of the coin by nearly 50 dollars to a good 1000 dollars.
The coins which were in circulation for a very short duration of time can also be worth collecting.
If the coin collection is focused on a particular type of coin then it is the best. The choice can be from dimes,dollars,nickles or pennies.
The other of focusing on coin collection is to consider the period during which the coins were made or circulated. Coins having different mint marks and if you have the collection of coins that were struck on the same area can also be very exciting. The most important thing is to complete the collection of your coins. If you are able to do so then its fantastic.
The subscription to a coin publication like that of Coinage Magazine or Coin World can be a good idea to start with. These can give you a lot of relevant information about the coins. The other source of information can be internet or for that matter the local coin shop can also be of great help to expand your search.
To have a substantial collection of coins you will have to be patient and it may take months or even many years. After all there is so much abundance of coins in USA. By deciding on the coin(s) you want to collect, the challenge to complete that collection begins.
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