New Coin Collector
What is a Circulated, Uncirculated, and Proof Coin?
If you are like me these terms were so foreign. But you must know them before you buy from a dealer, Ebay or the USMint. So, the USMint has a really cool page, one of many, that educates children about coins.
Ok, I know most of you reading this are not children. But, last year when I got into learning about coins I needed “children talk.” So, check out this really cool article explaining proof. circulated and uncirculated coins. Have fun!
Are Mint Sets Good Investments?
As I continue to dig deeper into my theraputic and insightful journey into coin collecting I am in awe of the super great experts in the field. One of them, Susan Headley, I will often post information from her blog.
I have recently gotten excited about the cool mint sets. Not only do they make great gifts but they can be good investments. Now this article does not cover every mint set ever made but it gives you some good wise advice. You could also start reading books like, United States Proof Sets and Mint Sets, 1936-2002
Now, take a few minutes to read this information post by Ms. Headley on ways to decide which mint sets are a good investment.
Introduction to Coin Collecting
I found this simple introduction to coin collecting information and a vital jumpstart for anyone just starting to collect coins. Take a few minutes to read this blog post on coin collecting . Also, also sign up for the free mini course on coin collecting.
Looking for The Mint Mark But Can’t Find It?-Dimes
Where oh where is the mint mark on US Dimes?
Roosevelt dime- From 1946-1964
Above the date from 1968 to the present
Mercury dime (1916-1945) On the REVERSE (opposite side of the head) to the left of the fasces(the symbolic bundle of rods)
Barber dime- (1892-1916) below the wreath
Looking for The Mint Mark But Can’t Find It?-Quarters
Look for the mint marks on the following quarters:
Type of Quarter
Barber quarter(1892-1916) Below the eagle
Standing Liberty Quarter (1916-1930) To the left of the date. Not to be confused with the M for the designers name.
Washington Quarter(1932 to 1964) Below the eagle
from 1968 to the present -to the right of George Washington’s pigtail
Looking for The Mint Mark But Can’t Find It?-Pennies
I found out that not all mint marks are in the same place on the each coin. That so much depends on the date and type of coin. so here is a short little list that may help.
Indian Head cent -Mint marks appear only on coins dated 1908 and 1909 below the wreath on the tail side(Reverse)
Lincoln cent(1909-date) -Look for it below the date .
Can You Tell The Difference Between A Fake And Real Coin?
The Us Mint has an excellent article on how to tell the fake from a genuine coin.
Very interesting indeed.
Obama Coin Ripoff?
Obama coin collection ripoffs are alive and well according to this News Report.
When you want the real thing and latest information regarding mint coins I was told to go to the Mint.
Have you read anything about this?
Are Holding Coins For Silver And Gold Prices To Rise?
I was told to hold on to my two silver coins for the price of silver to rise. Well, I saw this really interesting article related to seasonal ups and downs for gold and silver prices. Check it out all of you who are investors or ready to sell.
Will the price of silver go up?
What Is An Uncirculated Coin? What Is A Proof Coin?
What is an uncirculated coin?
You may hear the term “uncirculated” related to coins. I keep the image of a cute dog that is only walked outside by his or her owner. Never, ever circulates with the other dogs outside. Never sees the inside of a kennel. Now, on an occasion that cute dog may bump into another large dog when at the Vet. This may cause some slight brusing.
Well coins that are uncirculated means that coin does not have the wear and tear of being owned by many owners or hanging out with other coins. So it looks good and kept in proper storage. But there may be some “bag marks” from when they bumped into other coins in the bag.
Do I need to say the circulated coins are dogs running with other dogs, etc?
Whereas, Proof coins are like show dogs. They were breeded in a special way with a special diet, etc.
Proof coins are made special with special dyes.
But allow me to give some links to far better definitions.
What do you say?
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