Rare American Coin Investing and Collecting Implies Certain Responsibilities for the Owner
Coins are historic relics that we care for within the period of time we have them in our possession.
The rare American coins you buy obligate you to become the steward of a piece of history.
Take particular care of the prized ones, to allow them to delight future generations.
As stewards of numismatic history through rare coin ownership, it becomes your job to take proper care of them.
Proper care includes:
They are a part of the numismatic language.
If inexperienced in coin grading/evaluating, buy them graded from PCGS and NGC.
Learn to grade your rare American coins, if you plan to do much in this field.
Study graded examples and read about coin grading online and in coin grading books written to assist you.
Coin grading is an ongoing process.
You can spend a lifetime honing your skills.
Grading terms are part of the language of numismatics.
Money can be made in coins as an investment.
Slabbed coins are geared toward the investor because question of quality is answered.
I consider slabbed coins to be the investor coin.
Raw, ungraded rare coins are more for the hobbyist.
You really need to know what you're looking at when determining coin value.
Learning what you're looking at is much of the fun of numismatics.
Many investors don't really care so much about the coin as its market value.
Their interest in rare American coin preservation is often more for resale value, rather than playing a museum curator.
Organize your rare American coin collection.
Organizing your rare American silver or gold coin collection will help you appreciate what you've worked so hard for.
It will also help you decide what the next coin in the series should be.
Organization also includes keeping a detailed inventory of your collection.
This can be done with a simple excel spreadsheet or coin collecting software such as from LibertyStreet.
The coin collecting software gives you many advantages over the basic spreadsheet.
A lot of enjoyable time can be spent cataloging your entries.
If you give your rare American coins the respect and care they deserve, you will be preserving a piece of history and a treasure for future generations to appreciate.
More than likely, you will be repaid for your diligence with the coin value of your silver dollars increasing over time.
The rare American coins you buy obligate you to become the steward of a piece of history.
Take particular care of the prized ones, to allow them to delight future generations.
As stewards of numismatic history through rare coin ownership, it becomes your job to take proper care of them.
Proper care includes:
- Encapsulate the specimen in airtight holders, which is the best way to protect them and keep them safe, if not in a good grading slab.
- Wipe with alcohol to remove fingerprints and grime.
- Handle by only the rims.
- Handle over a soft surface such as a towel or felt.
- Store in a dry environment.
They are a part of the numismatic language.
If inexperienced in coin grading/evaluating, buy them graded from PCGS and NGC.
Learn to grade your rare American coins, if you plan to do much in this field.
Study graded examples and read about coin grading online and in coin grading books written to assist you.
Coin grading is an ongoing process.
You can spend a lifetime honing your skills.
Grading terms are part of the language of numismatics.
Money can be made in coins as an investment.
Slabbed coins are geared toward the investor because question of quality is answered.
I consider slabbed coins to be the investor coin.
Raw, ungraded rare coins are more for the hobbyist.
You really need to know what you're looking at when determining coin value.
Learning what you're looking at is much of the fun of numismatics.
Many investors don't really care so much about the coin as its market value.
Their interest in rare American coin preservation is often more for resale value, rather than playing a museum curator.
Organize your rare American coin collection.
Organizing your rare American silver or gold coin collection will help you appreciate what you've worked so hard for.
It will also help you decide what the next coin in the series should be.
Organization also includes keeping a detailed inventory of your collection.
This can be done with a simple excel spreadsheet or coin collecting software such as from LibertyStreet.
The coin collecting software gives you many advantages over the basic spreadsheet.
A lot of enjoyable time can be spent cataloging your entries.
If you give your rare American coins the respect and care they deserve, you will be preserving a piece of history and a treasure for future generations to appreciate.
More than likely, you will be repaid for your diligence with the coin value of your silver dollars increasing over time.
Source...