Archive for November, 2009

Will Your State Quarter Be Valuable in the Future?

I was wondering about the future value of single State quarters in the future.  I know that the should be in excellent condition and is based on the number of coins made. There is a guide that uses an interesting calculation to determine the future value of a quarter based on how many were minted.

View this article and look for your State to see if you should be saving those quarters.

Tags: , ,

Saturday, November 28th, 2009 Quarters No Comments

What’s In The Pocket Change Today?-Steel Pennies

This entry is part 1 of 2 in the series What's In The Pocket Change Today?

New coin discoveries in pocket change. Check out what was found today.

Tags: , , , ,

Tuesday, November 24th, 2009 Pennies No Comments

Breaking News, Seller Offers Refund On My Coin Purchase

Kudos, to the Ebay system of communication. Just when I tried to leave a negative feedback about my coin purchase Ebay forced me to communicate with the seller.

Actually that was a good thing. The seller explained why the specifics about the weight and size was omitted and offered a refund. That was very good.

My lessons still stand because I am responsible for asking questions and I did not. So there is now a new catergory on this site called “Coin Communication.

Tags: , ,

Friday, November 13th, 2009 coin communication, gold 1 Comment

They Were Not Gold! But Gold Plated

If you read the post made yesterday about my gold buying adventure you know that the fool mentioned is me. Well, today I found out that the little tiny coins weighed a little over 1 penny weight but failed the test for real gold. I was told it was probably gold plated.

Now, I was hoping for at least $8.00 to cover my investment. But it just did not happen. What did happen was a wonderful education and I will hold those coins to share my story. And yes, I will still use Ebay to buy and sell online but with much more wisdom.

I also decided to start a series called “Cool Coin Tips”. This will be recordings by coin experts on buying, selling and collecting coins. The series should start next week.

Would you like that?

Tags: , ,

Friday, November 13th, 2009 Uncategorized No Comments

Fools Gold-Buyer Beware! Plus-Don’t Let Lust for Gold Get in Your Eyes

Picture of tiny gold coins compared to penny

Picture of tiny gold coins compared to penny

what yo see is not always what you get

what you see is not always what you get-these are very tiny

Just the other day I was driving in my car listening to the radio. The financial news reporter announced the gold was 1,049. I sucked the air through my nose and let out an audible gasp. I was almost afraid to exhale because I excited about the rise in gold prices.

But then it a little voice of sanity and reason said “Why are you so excited? You don’t have any gold.” So, in the middle of bumper to bumper traffic I laughed as if I was listening to a Bill Cosby tape.

I realized I was just excited for other that might be able to benefit from this good news. Or maybe it was just wishful thinking. Anyway, that night, after my hubby was in bed and I was finished working, I went to Ebay.

There, at a sleepy 1:00 am, I saw a really low priced ad for 22 karet gold coins with only a  $2.00 bid. I looked at the picture and saw the coins spread out unorganized on a kitchen counter top.

I also read the ad closely to determine if they said things like, “looks like real gold”, “feels like real gold,” “gold toned” “as well as ”gold clad”. No, it seemed really legit. “But why so low?” I said to myself. “Self did not answer me.

So, I proceeded, in my lust to actually own a real gold coin, to bid on that item. It was only 2 minutes left and I was still the highest bidder at $4.00. Certainly, this must be a mistake or a very unhappy wife dumping her husbands gold. ” I said to myself.

I won the bid!  I quickly paid for the item and went to bed. “Won’t my husband be surprised,” I said as I quietly slid in the bed besides him. I was about to wake him up to tell him the good news but decided to tell him later.

Well, I told him the next morning and we both laughed about the possible reasons why it was so low. We covered every reason except the real reason. The camera shots did not show the actual size. Nor was there a mention of the size in the ad.

When my coins arrived, very timely I must remember to say in my feedback, they were the size of my finger tips.  I finally had real  gold coins.

So, I decided to share this with all my readers that as you dip in this world of coin exploration keep learning, asking questions ask questions.

I spoke to my coin dealer the day after I purchased the coins and he predicted that they would probably be very tiny coins. He was so right.

Hope this helps someone who is still learning like me.

So, what are my lessons?

1. Don’t get greedy, sometimes if it looks too good to be true it is!

2. Ask questions from from someone who knows more than you before you buy, if they are not around-let it go

3. Ask the seller questions about the size of your coins

4. Chalk up mistakes in judgement and learn from them, just try not to make it expensive.

Ok, if you gleaned some lessons from this let me know.

Tags: , ,

Thursday, November 12th, 2009 Scams, gold 6 Comments

Eyewitness News Has Special Report on Error Coins

Someone sent me this news item on error coins on the Eyewitness News online site. I am excited because the more more and more people are beginning to appreciate the excitement of looking at your pocket change.

Enjoy this article posted on the Eyewitness News site on error coins.

Tags: , ,

Thursday, November 12th, 2009 Error Coins No Comments

Some Folks Just Want the Metal From The Coins

I have discovered that some folks just want to potential or current metal from coins. They do not collect them to pass down to their grandchildren. But they collect them for a short time then flip them for the value of the metal in the coins.

For example, today silver is at 17.56 an ounce and gold is 1108 an ounce. Now, if you had coins with silver or real gold and it does not have an error or is not a rare coin then you can sell if for the value of the metal. Ok, I know that was a really long sentence but you get the point.

So, check your coins for silver content. If you have gold coins check them also for the amount of gold and the price you can get. Now, note that you will NOT get the full  value of the spot price for gold. There are other considerations like the amount of gold, etc. But just know that if you have any coins with metal value and you need the money you can get to a coin dealer YOU TRUST for advice.

Also, if you want  to know what the value of silver and gold you can check out Kitco.

Tags: , ,

Monday, November 9th, 2009 Coin Resources, gold, silver No Comments

Do You Have Any 1965-1970 Kennedy Half Dollars?

If you have a Kennedy half dollar dated 1965-1970 it should have 40% silver in them If you have one dated 1964 then it has 90% silver. Why is that important? Well, if the price of silver is high then your coins have value for the metal alone.
Now of course there are other things like the conditon or the coin or errors that have value. But read this valuable article that will explain the value of your Kennedy Dollars that are often ignored.
Yes, I am one of those folks asking venders if they have any half dollars in their coin draws. You will too after reading this article about Kennedy Half-Dollars.

Tags: ,

Friday, November 6th, 2009 half dollars No Comments

Put Your Name And Email Below And Get Notice When New Post is Made

Enter your email address:

Delivered by FeedBurner

A MUST HAVE GUIDE

Start You Coin Discovery NOW!

Always Keep This Book In Your Back Pocket!

Always a Super Coin Bargain Here!