Knowledge (XXG)

Coin collecting

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792: 994: 2175: 2416: 1022: 477: 859: 61: 579: 913: 875:). The speculator might hope to buy the coin in large lots and sell at a profit within weeks or months. Speculators may also buy common circulation coins for their intrinsic metal value. Coins without collectible value may be melted down or distributed as bullion for commercial purposes. Typically they purchase coins that are composed of rare or precious metals, or coins that have a high purity of a specific metal. 890: 923: 985:
coin's characteristics, such as toning, strike, brightness, color, luster, and attractiveness. Due to potentially large differences in value over slight differences in a coin's condition, some submitters will repeatedly resubmit a coin to a grading service in the hope of receiving a higher grade. Because fees are charged for certification, submitters must funnel money away from purchasing additional coins.
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Quote: "The Nestorian scholars and artisans who served the princes of the Jazira (Mesopotamia, now Iraq, Syria, and Turkey) in the 12th and 13th centuries designed a magnificent series of coins with motifs based on ancient Greek and Roman issues. Some of these so accurately render the details of the
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and grossly over graded coins, and improved buyer confidence. Certification services can sometimes be controversial because grading is subjective; coins may be graded differently by different services or even upon resubmission to the same service. The numeric grade alone does not represent all of a
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Some coin collectors are generalists and accumulate examples from a broad variety of historical or geographically significant coins, but most collectors focus on a narrower, specialist interest. For example, some collectors focus on coins based on a common theme, such as coins from a country (often
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sometimes presented old and exotic coins to friends and courtiers during festivals and other special occasions. While the literary sources are scarce, it's evident that collecting of ancient coins persisted in the Western World during the Middle Ages among rulers and high nobility.
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Speculators, be they amateurs or commercial buyers, may purchase coins in bulk or in small batches, and often act with the expectation of delayed profit. They may wish to take advantage of a spike in demand for a particular coin (for example, during the annual release of
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indicates that coins were collected and catalogued by scholars and state treasuries. It also seems probable that individual citizens collected old, exotic or commemorative coins as an affordable, portable form of art. According to
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Coin hoarders are similar to investors in the sense that they accumulate coins for potential long-term profit. However, they typically do not take into account aesthetic considerations. This is most common with coins whose
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originals that even the inscriptions are faithfully repeated. Others were modified in intriguing ways. The great variety and the sophisticated use of these images reveal the existence of well-studied collections."
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known to collectors at the time. He accomplished this monumental feat by 1950, by purchasing the last gold coin he needed (1841 $ 2 1/2) in 1949 and the last silver coin he needed (1873-CC no arrows dime) in
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Coin collector clubs offer a variety of benefits to members. They usually serve as a source of information and unification of people interested in coins. Collector clubs are popular both offline and online.
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is credited with being the pursuit's first and most famous aficionado. Following his lead, many European kings, princes, and other nobility kept collections of ancient coins. Some notable collectors were
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The motivations for collecting vary. Possibly the most common type of collectors are the hobbyists, who amass a collection primarily for the pleasure of it without the intention of making a profit.
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applies, and study is recommended before buying. Likewise, as with most collectibles, a coin collection does not produce income until it is sold, and may even incur costs (for example, the cost of
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Some people collect coins for patriotic reasons and mints from various countries create coins specifically for patriotic collectors. One example of a patriotic coin was minted in 1813 by the
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thinking led to a more systematic approach to accumulation and study. Numismatics as an academic discipline emerged in these centuries at the same time as a growing
721:, trade associations, and regulatory bodies emerged during these decades. The first international convention for coin collectors was held 15–18 August 1962, in 733:. Attendance was estimated at 40,000. As one of the oldest and most popular world pastimes, coin collecting is now often referred to as the "King of Hobbies". 868: 2164: 778:. Investors buy with the expectation that the value of their purchase will increase over the long term. As with all types of investment, the principle of 997:
Coin collectors and enthusiasts enjoying the taste of numismatic items at an exhibition organized by the Numismatic Society of Calcutta, in Ballygunge,
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There are also completists who seek an example of every type of coin within a certain category. One of the most famous of this type of collector is
816: 1490: 706:). Perhaps because only the very wealthy could afford the pursuit, in Renaissance times coin collecting became known as the "Hobby of Kings". 2346: 1314: 1271: 730: 520: 1996: 993: 939:) is key to its value; a high-quality example with minimal wear is often worth many times more than a poor example. Collectors have created 583: 146: 141: 1865: 954:
helps identify most coins in North America, numbering coins from 1 (poor) to 70 (mint state), and setting aside a separate category for
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His goal was to assemble a complete collection of United States regular issue coins, of every date, metal, denomination, and
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A final type of collector is the inheritor, an accidental collector who acquires coins from another person as part of an
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Many factors determine a coin's value including grade, rarity, and popularity. Commercial organizations offer
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among some members of the privileged classes, especially kings and queens. The Italian scholar and poet
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During the 17th and 18th centuries coin collecting remained a pursuit of the well-to-do. But rational,
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Contemporary coin collecting and appreciation began around the fourteenth century. During the
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value for as long as coins have been minted. However, the collection of coins for their
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coin shows blemishes and rim dents that would detract from its grade in appraisal.
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the collector's own), a coin each year from a series, or coins with a common
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collecting is another type of collection that numismatics enjoy collecting.
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Another frequent reason for purchasing coins is as an investment. As with
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This article is about a hobby. For the systematic study of currency, see
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to describe the overall condition of coins. Any damage, such as wear or
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A coin collection, featuring coins loose and in various storage mediums.
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By the mid 20th century, with the growing market for rare coins, the
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Modern-day coins are a popular and important part of coin collecting.
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and will grade, authenticate, attribute, and encapsulate most coins.
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as a whole, though the two disciplines are closely interlinked.
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A collection of various collectible coins, including several
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of France, Ferdinand I of Spain and Holy Roman Emperor,
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Coin certification has greatly reduced the number of
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glasses are recommended to view this image correctly.
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Coin collecting can be differentiated from 514: 8: 2165:VAM (Morgan and Peace dollar die varieties) 591:, depicting a Renaissance collector with a 2268: 2037: 2023: 2015: 1939:"THE 10 GREATEST MYTHS OF 'SLABBED' COINS" 521: 507: 35: 2291:International Coin Certification Service 1653:Ajaero, Tony Martins (30 January 2020). 888: 1845:coin-collecting-guide-for-beginners.com 1114: 817:United Provinces of the Rio de la Plata 47: 2347:Standard Catalog of World Paper Money 1370:"Coin Collectors: Emperor Maximilian" 1120: 1118: 731:Royal Canadian Numismatic Association 725:, Michigan, and was sponsored by the 7: 1597:coinandstampcollecting.articlehq.net 584:Portrait of a Man with a Roman Medal 1732:Herbert, Alan (20 September 1999). 1452:"Collecting And Investing in Coins" 1815:"The History of Rare Coin Grading" 1568:"7 Popular Coin Collecting Themes" 1422:"Brief History of Coin Collecting" 1345:"Brief History of Coin Collecting" 1125:Garrett, Jeff (10 February 2023). 14: 2301:Professional Coin Grading Service 1738:Professional Coin Grading Service 696:Elector Joachim II of Brandenburg 16:Collection of minted legal tender 2424: 2414: 2399:Coin shows in the United States 2342:Replacement banknote (star note) 2286:Certified Acceptance Corporation 2173: 1266:, London: Penguin, p. 309, 1156:The British Museum:Explore/Money 1020: 977:coins in clear plastic holders. 921: 886:at the time of the acquisition. 869:Canadian numismatic collectibles 649:), written in the first century 487: 475: 59: 1233:The Lives of the Twelve Caesars 952:American Numismatic Association 727:American Numismatic Association 647:The Lives of the Twelve Caesars 1103:Collection at Ibn Sina Academy 855:exceeds their spending value. 1: 2373:List of metal detecting finds 1315:"The Coin Collection History" 1127:"Pricing Hard-to-Price Coins" 2383:List of most expensive coins 1086:List of most expensive coins 2296:Numismatic Guaranty Company 1868:. About.com. Archived from 1708:"What is a Coin Collector?" 1231:"Tranquillus, C. Suetonius 971:coin certification services 2471: 2205:Sheldon coin grading scale 1740:. pcgs.com. Archived from 1624:"The Eliasberg Collection" 905: 841:coins of the United States 801:American Innovation dollar 601: 18: 2411: 2171: 1684:australian-threepence.com 1546:australian-threepence.com 788:storage) in the interim. 1593:"Coin Collecting Themes" 2363:List of coin collectors 2327:Greenback (1860s money) 1477:"First patriotic coins" 1319:coincollectingalbum.com 604:List of coin collectors 401:Commemorative banknotes 2421:Numismatics portal 2200:Paper currency grading 1006: 962:Certification services 932: 898: 863: 812: 807:, alongside a vintage 756: 599: 482:Numismatics portal 120:Circulating currencies 31: 1765:"German Coin Grading" 1264:Byzantium: The Apogee 1098:Byron Reed Collection 1076:Regular issue coinage 996: 915: 892: 861: 794: 744: 581: 212:Historical currencies 53:the study of currency 29: 1999:on 21 September 2015 1968:mycoincollecting.com 1603:on 15 September 2008 1325:on 12 September 2009 1260:Norwich, John Julius 799:silver coins and an 680:Emperor Maximilian I 183:Fictional currencies 2337:Paper money catalog 2210:Third-party grading 2090:Coin counterfeiting 1937:(10 October 2009). 1872:on 16 November 2007 1821:on 6 September 2009 1790:"Grading Standards" 1380:on 10 February 2013 1158:. britishmuseum.org 967:Third-party grading 873:Royal Canadian Mint 704:Münzkabinett Berlin 700:Berlin Coin Cabinet 370:Commemorative coins 281:Medieval currencies 190:Proposed currencies 2368:List of currencies 2110:Commemorative coin 2100:Coin rolling scams 1763:Guth, Ron (2009). 1712:2-clicks-coins.com 1497:. 11 November 2021 1426:2-clicks-coins.com 1349:2-clicks-coins.com 1291:www.britannica.com 1061:Commemorative coin 1028:Numismatics portal 1007: 933: 899: 897:graded silver coin 864: 837:Louis E. Eliasberg 813: 757: 698:, who started the 692:Henry IV of France 676:Pope Boniface VIII 600: 544:or other forms of 32: 2437: 2436: 2407: 2406: 2115:Euro starter kits 2095:Coin roll hunting 2070:Circulation issue 1914:pcgscoinfacts.com 1910:"PCGS Coin Facts" 1794:fleur-de-coin.com 1659:ProfitableVenture 1566:Eggleston, Gary. 1400:"Coin Collecting" 1273:978-0-14-011448-5 1209:Britannica Online 1205:"Coin Collecting" 1180:. britannica.com] 1178:"Coin Collecting" 931: 772:supply and demand 684:Holy Roman Empire 626:historical record 531: 530: 2462: 2431:Money portal 2429: 2428: 2427: 2419: 2418: 2417: 2269: 2177: 2135:Mint-made errors 2125:History of coins 2080:Coin base weight 2060:Bi-metallic coin 2039: 2032: 2025: 2016: 2009: 2008: 2006: 2004: 1985: 1979: 1978: 1976: 1974: 1960: 1954: 1953: 1951: 1949: 1943:usgoldexpert.com 1931: 1925: 1924: 1922: 1920: 1906: 1900: 1899: 1888: 1882: 1881: 1879: 1877: 1862: 1856: 1855: 1853: 1851: 1837: 1831: 1830: 1828: 1826: 1811: 1805: 1804: 1802: 1800: 1786: 1780: 1779: 1777: 1775: 1760: 1754: 1753: 1751: 1749: 1729: 1723: 1722: 1720: 1718: 1704: 1695: 1694: 1692: 1690: 1676: 1670: 1669: 1667: 1665: 1650: 1644: 1643: 1633: 1631: 1619: 1613: 1612: 1610: 1608: 1599:. 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429: 426: 423: 421: 418: 416: 413: 412: 409: 406: 405: 402: 399: 397: 394: 393: 390: 387: 386: 383: 380: 378: 377:Bullion coins 375: 374: 371: 368: 366: 363: 362: 359: 356: 355: 347: 346: 339: 336: 334: 331: 329: 326: 324: 321: 320: 317: 314: 312: 309: 307: 304: 302: 299: 298: 290: 289: 282: 279: 278: 275: 272: 270: 267: 265: 262: 260: 257: 255: 252: 250: 247: 245: 242: 240: 237: 235: 232: 230: 227: 225: 222: 220: 217: 216: 213: 210: 209: 205: 199: 198: 191: 188: 187: 184: 181: 180: 177: 174: 172: 169: 167: 166:Company scrip 164: 163: 160: 157: 156: 153: 150: 148: 147:South America 145: 143: 142:North America 140: 138: 135: 133: 130: 128: 125: 124: 121: 118: 117: 114: 111: 109: 106: 105: 102: 99: 97: 94: 92: 89: 88: 84: 78: 77: 72: 69: 68: 67: 66: 62: 58: 57: 50: 46: 42: 38: 37: 34: 28: 22: 2272:Coin grading 2256:Coin wrapper 2251:Coin storage 2241:Coin counter 2236:Coin catalog 2231:Coin capsule 2190:Coin grading 2045: 2001:. 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Foreign 803:graded by 719:Coin shows 602:See also: 593:sestertius 538:collecting 351:Collection 294:Production 224:Achaemenid 2332:Notaphily 2274:companies 2195:Coin slab 1973:26 August 1850:26 August 1825:26 August 1799:26 August 1774:26 August 1748:26 August 1717:26 August 1689:26 August 1638:mint mark 1607:26 August 1577:26 August 1551:26 August 1461:26 August 1431:26 August 1406:26 August 1384:26 August 1354:26 August 1329:26 August 1244:23 August 1215:26 August 1162:26 August 1056:Coin slab 871:from the 830:mint mark 702:(German: 688:Louis XIV 639:Suetonius 396:Banknotes 389:Notaphily 323:Hammering 306:Designers 229:Byzantine 96:Banknotes 2455:Exonumia 2317:Banknote 2219:Supplies 2130:Key date 2120:Exonumia 2105:Coin set 1262:(1993), 1131:Coinweek 1092:Examples 1066:Exonumia 1014:See also 945:cleaning 729:and the 671:Petrarch 655:Augustus 618:artistic 561:currency 408:Exonumia 259:Japanese 239:Filipino 219:Aksumite 83:Currency 71:Glossary 41:a series 39:Part of 2183:Grading 1136:4 March 999:Kolkata 941:systems 723:Detroit 682:of the 641:in his 614:bullion 610:hoarded 574:History 536:is the 437:Cheques 382:Grading 316:Milling 311:Coining 274:Tibetan 254:Italian 234:Chinese 152:Oceania 101:Forgery 2160:Toning 1898:. NGC. 1270:  797:Indian 764:stamps 553:errors 546:minted 456:Stocks 442:Scrips 432:Tokens 425:Medals 420:Jetons 338:Errors 333:Metals 249:Indian 137:Europe 127:Africa 2392:Shows 2356:Lists 2281:ANACS 2265:Other 1892:"NGC" 1641:1950. 1402:. BBC 989:Clubs 937:grade 916:This 811:case. 776:value 542:coins 461:Bonds 365:Coins 264:Roman 244:Greek 91:Coins 2075:Coin 2005:2015 1975:2009 1950:2015 1921:2015 1878:2009 1852:2009 1827:2009 1801:2009 1776:2009 1750:2009 1719:2009 1691:2009 1666:2023 1632:2013 1609:2009 1579:2009 1553:2009 1528:2021 1503:2022 1463:2009 1433:2009 1408:2009 1386:2009 1356:2009 1331:2009 1298:2022 1268:ISBN 1246:2009 1217:2009 1186:2010 1164:2009 1138:2023 1041:Coin 895:PCGS 845:coin 747:gold 694:and 624:and 597:Nero 328:Cast 301:Mint 269:Thai 171:LETS 132:Asia 108:List 805:NGC 667:fad 628:of 595:of 587:by 540:of 113:ISO 2446:: 1991:. 1966:. 1941:. 1912:. 1894:. 1843:. 1792:. 1767:. 1736:. 1710:. 1699:^ 1682:. 1657:. 1634:. 1595:. 1570:. 1544:. 1519:. 1493:. 1454:. 1441:^ 1424:. 1372:. 1347:. 1317:. 1306:^ 1289:. 1237:. 1207:. 1196:^ 1154:. 1129:. 1117:^ 1001:, 893:A 832:. 766:, 686:, 678:, 651:AD 43:on 2038:e 2031:t 2024:v 2007:. 1977:. 1952:. 1923:. 1880:. 1854:. 1829:. 1803:. 1778:. 1752:. 1721:. 1693:. 1668:. 1611:. 1581:. 1555:. 1530:. 1505:. 1479:. 1465:. 1435:. 1410:. 1388:. 1358:. 1333:. 1300:. 1248:. 1219:. 1188:. 1166:. 1140:. 1005:. 645:( 522:e 515:t 508:v 23:.

Index

Numismatics

a series
Numismatics

Glossary
Currency
Coins
Banknotes
Forgery
List
ISO
Circulating currencies
Africa
Asia
Europe
North America
South America
Oceania
Local currencies
Company scrip
LETS
Time dollars
Fictional currencies
Proposed currencies
History of money
Historical currencies
Aksumite
Achaemenid
Byzantine

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