MORGAN SILVER DOLLAR COINS

For many years coin collection has been practiced by young and old groups. Usually those who are fond of history and are interested in old things they cultivate the hobby of coin collection. But due its high saleable value the coin collection can also be taken as a serious business. Rare coin collecting includes collecting of rare coin, gold rare coins and many other rare coins.

For that you have to follow some basic rules as suggested by the numismatists. These are as follows. You should choose your third party rightly and by third party graded coins, give importance to quality, coin values and not quantity. You are not supposed to over invest but if you buy good coins from a very reputable dealer, there is a good chance that if you have to sell them quickly, you'll lose 10-30%. You should buy only the coin and not the holder, you need to have a close working relationship with one or two knowledgeable coin dealers. Most importantly you should give enough time to assemble great coins which take over decades sometimes. You should learn about your coins in detail. So understand the market first. There are many types of coins such as morgan silver dollar coins, ancient coins, numismatic coins, St Gauden gold coins etc. Morgan silver dollar coins were minted from 1878 – 1904 and again in 1921. There is a process called coin grading.

 To determine the coin’s true value it has to follow a process called coin grading. St Gaudens gold coin is the only plain edge 1907 ten dollar coin designed by St Gaudens. This is probably the only example of his coinage that he ever saw and is one of the most historically important pieces in Heritage’s upcoming US coin auction. If you want to take coin collecting as a serious business then you have to know and learn the current market rates, the buying and selling price of the coins.

Again it is very important to know a good numismatist who can correctly value your coin. To have further knowledge you can visit the website of ERareCoin .

 
Favorite U.S. Gold Coins

U.S Gold Coins are a popular item for coin collectors, not only within the United States but also around the world. Of all the U.S. They are available for purchase today, this is a list of the more popular U.S. gold coins.

Liberty Head Gold Dollar

The Liberty Head Gold Dollar was a gold coin produced from 1849 to 18549. It was because of a few gold strikes at the time that the government decided to start producing gold coins in Charlotte and Dahlonega. Even prior to the government minted ones, there were other gold coins being traded.

Indian   Head Gold Dollar

Following the success of the Liberty Head Gold Dollar, the Indian Head Gold Dollar was produced between 1854-1856. These were referred to as the Small Head coins because the head portrayed on the coin was quite small. Beginning in 1856 the coin was redesigned and included a larger head and these are referred to as the Large Head gold coins. The large head Indian dollars were produced from 1856-1859.

Double Eagle Gold Coins

The Double Eagle Gold Coin is a $20 gold coin produced from 1849-1933. There are two different designs of the Double Eagle Gold coin, which are the Liberty Head Gold Coin and the St. Gaudens Gold Coin. You may have heard of the St. Gaudens type before as it was in the news in recent years as being the most expensive coin ever sold. For years it was thought that no 1933 St. Gaudens Double Eagle Gold Coins existed, but some were found. They should have been melted down in 1933 by order of the President of the United States, however some were saved from destruction and were hidden for many decades.

These few gold coins are the most popular gold coins on the market today and would make a very good start to any coin collection. Of course within each of those exists certain years and varieties that are more rare than others. There's a lot to learn if you're going to start collecting gold coins, and if you're a seasoned collector, you know that there's always more to learn!