The Different Themes of Coin Collecting
Coin collecting has been around for centuries, initially as amassing wealth and then finally as putting together different kinds of coins for the sake of their value as collectors’ items. At the highest levels of coin collecting, some collectors strive to outdo each other by procuring the most sought after or rarest coins available. This hobby is expensive and very informative since collectors need to now about their preferred coins.
Kinds of Coin Collections
There are many different types of collections. The most common types or themes of collections are the coins from different countries and time periods. Usually, coin collectors who collect coins from different countries strive to acquire current or past coins from as many countries as possible. This would most likely be a never ending collection since some countries change their currencies often. Year collections focus more on a specific coin and denomination like the Lincoln penny, which was minted in 1909 up to the present.
Error collections are more focused on coins with mistakes on them. These mistakes may be very obvious or not at all. The older coins usually have mistakes since coins were minted by hand before the 19th century. Common errors are double dies, overdates, double strikes, repunched mint marks, off metal coins, displace coins, clipped coins and mules. Mules are very interesting coins because each side of the coin has a different denomination. Collectors desire the coins with errors because they are very unusual and one can seldom encounter them nowadays since minting is now fully automated.
Sometimes coin collectors also collect coins which are designed in a specific way. For example, a collector may want to collect certain coins which have a hole in the center. Several countries have coins with a hole in the center so the collector may also collect coins from countries but more specifically coins with holes in the center. These kinds of collections are called type collections.
Other collectors also collect coins which have a specific subject like a ship or animals marked on the coin. To be able to expand this collection, the collector would have to do a lot of research to see which countries offer the preferred subject. The collector may also enlist the help of a dealer to procure certain coins which is of interest to him
Even the coin composition can make up a coin collection. Some coins are composed of 2 or more metals and this is the basis of the collection. Several countries make their coins bimetal or more.
Actually, coin collecting preference is all up to the collector. Whatever catches the collectors fancy in a coin may be the basis for the collection.
Coin collecting has been around for centuries, initially as amassing wealth and then finally as putting together different kinds of coins for the sake of their value as collectors’ items. At the highest levels of coin collecting, some collectors strive to outdo each other by procuring the most sought after or rarest coins available. This hobby is expensive and very informative since collectors need to now about their preferred coins.
Kinds of Coin Collections
There are many different types of collections. The most common types or themes of collections are the coins from different countries and time periods. Usually, coin collectors who collect coins from different countries strive to acquire current or past coins from as many countries as possible. This would most likely be a never ending collection since some countries change their currencies often. Year collections focus more on a specific coin and denomination like the Lincoln penny, which was minted in 1909 up to the present.
Error collections are more focused on coins with mistakes on them. These mistakes may be very obvious or not at all. The older coins usually have mistakes since coins were minted by hand before the 19th century. Common errors are double dies, overdates, double strikes, repunched mint marks, off metal coins, displace coins, clipped coins and mules. Mules are very interesting coins because each side of the coin has a different denomination. Collectors desire the coins with errors because they are very unusual and one can seldom encounter them nowadays since minting is now fully automated.
Sometimes coin collectors also collect coins which are designed in a specific way. For example, a collector may want to collect certain coins which have a hole in the center. Several countries have coins with a hole in the center so the collector may also collect coins from countries but more specifically coins with holes in the center. These kinds of collections are called type collections.
Other collectors also collect coins which have a specific subject like a ship or animals marked on the coin. To be able to expand this collection, the collector would have to do a lot of research to see which countries offer the preferred subject. The collector may also enlist the help of a dealer to procure certain coins which is of interest to him
Even the coin composition can make up a coin collection. Some coins are composed of 2 or more metals and this is the basis of the collection. Several countries make their coins bimetal or more.
Actually, coin collecting preference is all up to the collector. Whatever catches the collectors fancy in a coin may be the basis for the collection.
Labels: Coin Collecting
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