TheRichSolutionsBlog

As a general answer, it’s supply and demand, like anything else.

When a coin is rare, supply is small by definition. This includes situations where a coin may be common in bad condition, but rare in excellent condition. The supply of the nicer coins is small, so they are much more valuable.

On the demand side, popularity has a lot to do with it. For example, US coins in general sell for more than coins of some other countries because there are more people collecting them. A rare coin from some obscure nation might sell for much less than a relatively common US coin, just because few people are interested in it.

Contrary to popular opinion, age has nothing to do with it. There are a lot of 2000-year-old coins that can be had for a few dollars each.

There are a few US coins (e.g. the 1804 silver dollar) that have sold for over a million dollars. The most expensive coin ever sold was the 1933 $20 gold piece for $7.5 million, of which there is only one legally held in private hands.

I am looking for some free coin collecting supplies like cases and gloves or magnifiers and whatnot. Anyone know where i can find some?? Thanks!!!

Look on ebay.com or on amazon.com.
They have nearly everything.

Greetings The Freak

Does anyone know of movies that have something about coin collecting in them? Just curious.
Thank you!

Dennis the Menace (with Walter Matthau)
Throw Momma from the Train
American Buffalo
MacGuffin
Drag Me to Hell

I decided to collect 2007 coins because that was the year my role model came into my life. And I only have 1 dime with a 2007 on it. but I can work my way up. I get change all the time. But i didn’t even
think of going through the change to find a 2007 coin.

Might I suggest you get a copy of "A Guide Book of United States Coins", also known as the Red Book. This is a standard reference for anybody who wants to collect US coins. If you can not afford to buy one right now you could borrow a copy from your local library. It has a lot of good information in it about many different aspects of the hobby. Consider joining a local coin club or the ANA (money.org). Visit a local coin shop and or go to a coin show. There is a lot of good information available for beginning collectors at all these places.

Collecting from your pocket change is a good way to start building your collection. In fact this is how most long term collectors (including myself) get started in the hobby. As for the year 2007. You should not have too much trouble collecting all the coins from that year from your daily change. A little bit of patience and perseverance will get you there. You should have a penney, nickel, dime, all 5 state quarters and all 4 of the presidential dollars (these you may have to get at a bank as they do not circulate very much). If you want to get ambitious you can get both the Philadelphia and Denver versions of each coin also (read the Red Book so you can tell the difference).

The key is to have fun and maybe it will become a lifetime hobby for you.

One Irish Coin. Six Italian Coins. 12 French coins. 10 British Coins. 2 Indian Coins. 2 coins from Aruba. One Chinese Coin. One Costa Rican Coin. One unknown coin. One 2 dollar bill Bermuda, one German dollar.

You made no mention of the condition of the coins. It may not cost you much to have them appraised if they look that they have any value but don’t go to them unless you have the feeling you have something to offer them.

or just buy single coins that is cased from each mint?

It is a matter of cost and what you want.
In MOST cases, you can NOT buy directly from the mint and would need to go through a dealer.
(I get "new" releases, such as "gold" dollars in "mint" rolls at my local bank, actually from a bank supplier and NOT uncirculated BUT never opened.)

I’m an avid coin collector and have countless coins from all countries and ages,
Is there a particular name used for this hobby, or is it simply known as coin collecting?

Thank you for your help
The scientific study of coins is known as "numismatics".

A numismatist is a coin collector

I am looking for a web site to buy a book to fill up with silver quarters, walking liberty halves etc I want to be able to fill them up according to date.. Dont tell me Ebay because I already looked and failed.

Here are several options for you. The more expensive styles typically display both sides of the coin while the less expensive ones only display one side. Please search the links as there are multiple options at each website. I hope that helps.

i want to be able to collect at least 250 dollars in coin collecting– does anyone know a easy way i can collect them?
imm not trying tooo buy coins, i wanna find themm, or save them,, any GOOOD! tips?

You could use a coin dealer. Or you could use ebay. There are many coin sellers there. What is it you want to collect - pennies, nickels, dimes, quarters, half dollars, or dollars?? Or do you want a combination of all of these??

Ok, I see you don’t want to pay for these. About all you can do, is look thru the change you get. Look for the presidential dollars, the different state quarters & some of the varieties of nickles.

Before the u.s. went to copper-clad coins, you had a chance of getting some rare coins. But since 1964, that is no longer possible.

I want to start collecting coins, what should I buy to keep them in? I have a few already but they are in a tupperware container lol.

Also any tips you can give me?

(also what’s the coolest coin you have? =) )

Thanks!
All of the chinese zodiac coins are beautiful!

To see just what is available in U.S coin albums and holders go to www.brooklyngallery.com they are a large dealer in coin and stamp supplies. See what you like and can afford. As for interesting coins I have a lot for I collect historical coins. One of my favorites is my Fugio cent the first coin issued by authority of the United States. I also like my ancient Chinese coins. I have more than one favorite coins.