US State Coins are a Hit

Every year the government has been issuing these state coins. Each state now has its own relative state coin, but I wonder where it will go next. There is already a state bird, a state nickname, a state motto and many other things. The recent US state coins is only a moderate happening.

If the state dollar is made next, that would be pretty crazy in itself. Collecting dollar is probably a little harder to do than collecting coins. I do imagine however, that there will still be quite a lot of people collecting these dollars for kids to have fun with as they are growing up.

The Skinny On US Coin Values Collecting

Collecting is a hobby that many people enjoy across the world. People collect buttons, shirts, shoes, and of course coins. If you have a coin collection, it is probably worth your time to figure out how much those coins are worth. There is a good chance that you have your retirement fund right there in your basement.

When you do look up on US coin values collecting them will seem much more worthwhile. It is almost as if you were investing in your future with a lottery ticket. If you find the right coin, you will hit the jackpot and you will not have to work ever again.

US Coin Collecting 365 - History of the "Hobby of Kings"

US Coin Collecting 365 - Coin collecting began as soon as coins were minted as currency. People began hoarding coins to collect on their bullion value.

Coin collecting as we know it today started in the 14th century. An Italian poet and scholar named Petrarch is credited with starting the coin collecting trend, which royals and other wealthy people eventually picked up.

Because only the very wealthy could afford to keep coins for collecting purposes rather than for currency, coin collecting became known as the "hobby of kings."

In the 19th and 20th centuries, coin collecting societies and conventions became popular. A few of these organizations, such as the American Numismatic Association, are still around today.

US Coin Collecting 365 - Storing Valuable Coins

US Coin Collecting 365 - How you store your coin collection will affect the condition and presentation of your coins. Improper storage can lead to unnecessary wear and tear.

For your most valuable coins, try purchasing a coin organizer. The U.S. mint sells these with certain sets of coins, but you can also purchase them at hobby shops and bookstores.

If you have older coins, proper storage is especially important. You want your container to be as airtight as possible to stop the coin from oxidizing.

You might even consider having your best coins hermetically sealed. Also known as slabbing, this process will protect your coin from any damage and mishaps.

US Coin Collecting 365 - Coin Trivia and Pricing Online

US Coin Collecting 365 - If you are a coin enthusiast and are looking for a good site to learn more about your hobby, try CoinCollector.org.

Coin Collector has trivia questions and answers about valuable coins as well as a coin-pricing option. Go to the U.S. coin gallery to see pictures of some of the most famous coins.

Currently, the site has an informative article on how to avoid counterfeits on the home page. You can also read off-beat articles on topics like why the U.S. needs a 37-cent coin.

If you'd like to talk to other coin collectors, check out the forum. You can talk to experts and hobbyists just like you for free.

US Coin Collecting 365 - Four Most Valuable American Coins in Circulation

US Coin Collecting 365 - In this post, we'll list four of the most valuable U.S. coins that are still in circulation currently. The first is the 1969-S Lincoln Cent With a Doubled Die Obverse, which is worth about $35,000.

Most of these coins were pulled out of circulation by the Secret Service decades ago. The second most valuable coin is the 1970-S Small Date Lincoln Cent With a Doubled Die Obverse, worth about $3,000.

Another valuable penny is the 1972 Lincoln Cent With a Doubled Die Obverse, which will get you about $500. Look for a gouge above the "d" in "united" to verify the authenticity.

Last but not least is the 2004-D Wisconsin State Quarter With an Extra Leaf, worth $200-$300. A mistake in the die makes the ear of corn on the lower-left-hand side seem to have an extra leaf.

US Coin Collecting 365 - Fake Coins Sold to Amateur Collectors

US Coin Collecting 365 - At an annual convention this week, those attending will have the opportunity to look at a few examples of fake coins from China that are saturating the U.S. market.

Five separate organizations have issued pictures and warnings about the counterfeit coins. The ersatz coins are usually sold on auction sites like eBay and at flea markets.

Allegedly, the sellers target amateur coin collectors who don't know much about verifying authenticity. One coin collecting publication estimated that one million of the fake coins have already been sold.

Although the Hobby Protection Act permits collectors to make copies of coins, the duplicates must have the words "copy" or "replica" stamped on them. The coins from China do not have these markings.

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