Very Rare
Very Rare
The Thrills of Rare Coin Collecting
“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.†Alan Greenspan, 1966. One of the things every investor quickly discovers is that there are no sure deals or “can’t lose†investments in this wild and wooly world. There is always risk in the marketplace. Always. The key to success is to weigh the pros and cons of every investment, and determine the prospects of success.
For those who are beginners to the world of coin collecting, if you’ve already amassed a decent collection of coins, the first thing that would probably enter your mind would be, “are any of my coins rare or valuable?†This may be a tough question to answer, as an old coin may not always be a truly “rare†one. For example, you may have an old wheat penny in your repository, but what you don’t know is that there may be thousands of these wheat pennies that were circulated before. However, it would also be possible that a coin in your collection may be a truly rare one, although you’re not aware of it. Because of this possibility, it would be best if you delve some time learning about the tools required in identifying rare coins, as well as in embarking on rare coin collecting.
In the art of rare coin collecting, there are two major categories or classes for defining rare coins: Mintage Rarities and Grade Rarities. A Mintage rarity coin is a coin that is rare because it has a low mintage relative to market demand for the type. A Grade rarity coin on the other hand, is an otherwise common coin that is only rare because it falls in certain grades, like the current date U.S. Cents graded MS-70. In properly finding out if you got a rare coin in your collection, it would be best to check out The Official Red Book , which is considered the Bible for US coin collectors. This important book lists and indexes every kind of coin that was minted in the US, and also includes information on when each penny was made, how rare they are now, and what their current values are. Each coin in the book is represented in clear photographs, to properly inform collectors of their size and exact appearance. The Official Red Book comes out with a new and updated edition each year as well. A good source of education regarding rare coins would be the Internet. The Worldwide Web has a number of coin-identification Web sites, which may be very useful to novice coin collectors. Apart from consulting The Official Red Book and scanning the Internet, you could also bring your coin collection to a reputable dealer. These reputable and professional dealers ensure that they properly asses and identify your coin collections, and provide you with vital pointers for identifying rare coins.
Rare coin collecting can be a great adventure. You Can search for rare coins that offer good value on the Web, or in coin auctions, or you may also drop by a flea market. Flea markets, according to numismatic experts, are places where people go to buy different sorts of items at truly affordable prices. For budding coin collectors, this market can be a rare coin “paradiseâ€, since you may be able to spot rare coins that are sold at rock-bottom, or very reasonable prices. According to veteran rare coin collectors, the most valuable and truly celebrated rare pennies are those that have minting errors, and have values ranging from a few dollars, and are still in circulation today. In addition, there are a number of rare coin dealer Web sites that provide collectors with a listing of modern rare coins, and show their prices as well. The art of searching for rare coins is truly an exciting and interesting one, especially when it leads you to a rare "find".
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About the Author
HERMAN KLEIN is a coin collecting expert. For more great tips on rare coin collecting be sure to visit http://www.coincollectingstartshere.com.
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American Flyer 21005 PRR 0 6 0 Switcher Engine and Tender C7 MUST SEE |  |
25 Bids | US $490.99 | 20m |
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Ho Scale Single Dome Tanker Cities Service Oils EDRX 1088 Railroad Train Car | |
0 Bid | US $4.49 | 43m |
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Ho Scale Tanker Shells Texeco Mobil General American Parts Lot of 3 Train Cars | |
3 Bids | US $3.91 | 43m |
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7 pc Atlas Brass Track Rails 18R Radius Vintage Railroad Train Layout Accessory | |
1 Bid | US $1.34 | 47m |
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Aztec Custom 57 UPFE Mechanical Reefer RARE CAR | |
0 Bid | US $11.00 | 1h 11m |
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LIONEL 210 P T RARE EMPTY BOXES 8 1 2 FOR 1958 ONLY TEXAS ALCOS | |
1 Bid | US $44.99 | 1h 34m |
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7 pc Garnet Brass Track Rails 18R Radius Vintage Railroad Train Layout Accessory | |
1 Bid | US $1.34 | 1h 40m |
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7 pc Mixed Brass Track Rails 18R Radius Vintage Railroad Train Layout Accessory | |
1 Bid | US $1.34 | 1h 40m |
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6 pc Nickel Plate Track Rails 18R Radius Vintage Railroad Train Layout Accessory | |
1 Bid | US $1.34 | 1h 42m |
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HO Scale Middletown New Jersey Box Car Built Up | |
0 Bid | US $.99 | 1h 46m |
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Walthers HO Scale PRR 981530 981736 N6B Wood Caboose 2 | |
1 Bid | US $46.70 | 2h 14m |
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1967 Aurora Rat Patrol Model Diorama 340 200 NEVER ASSEMBLED COMPLETE | |
8 Bids | US $174.37 | 2h 25m |
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Burlington Northern Gondola Bachmann Railroad Train Track Car Layout Accessory | |
0 Bid | US $3.99 | 2h 38m |
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Atlas Single Switch Railroad Train Track Car with Sliding Doors Layout Accessory | |
1 Bid | US $1.34 | 2h 38m |
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Walthers HO Seaboard Air Line Flexi Van Trailer Kit 93 | |
0 Bid | US $10.81 | 2h 50m |
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Walthers Gold Line HO Scale Herzog 1186 Thrall 53 Gon | |
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US $29.21 | 2h 51m |
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Roundhouse Products HO Scale Oscar Mayer URTX 5369 36 | |
0 Bid | US $17.81 | 3h 54m |
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Ricko 1 87 HO Jaguar XKSS White | |
0 Bid | US $14.81 | 4h 1m |
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G Scale Digitrax Super Chief DCC 8amp System and LGB Club Forney w DCCSound | |
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US $660.00 | 4h 35m |
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Walthers N Scale Missouri Pacific Union Pacific 55237 | |
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US $22.15 | 4h 47m |
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SOUTHERN PACIFIC PIGGYBACK RAILCAR 497866 ORIGINAL BOX N SCALE NON WORKING | |
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US $8.00 | 4h 48m |
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Life Like SceneMaster 1 87 HO Mikes Garage Towing To | |
0 Bid | US $6.81 | 4h 58m |
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2 Vintage HO OO Via Rail Passenger Observation Cars RR | |
1 Bid | US $16.30 | 5h 13m |
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4 PK FAMOUS MICRO MAGIC FLAME SIM CIRCUITS FREE SHIP GET ONE FREE A TOTAL OF 5 | |
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US $42.00 | 5h 16m |
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Athearn N Intermediate Multi Foods 46041 40 2600 CF A | |
0 Bid | US $18.81 | 5h 20m |
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Lot of Vintage HO OO Triang Freight Cars Bits Peices RR | |
1 Bid | US $15.29 | 5h 21m |
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Walthers HO URTX GACX Wood Reefer 3317 with GSC Truck | |
0 Bid | US $18.81 | 5h 22m |
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Walthers HO Double Arm Acorn Style Street Light 933 23 | |
0 Bid | US $15.81 | 5h 22m |
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6 Vintage HO OO CN Freight Cars Old Colour CN Caboose RR | |
0 Bid | US $15.29 | 5h 28m |
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2 Vintage HO OO Canadian Pacific Freight Cars Hoppers RR | |
0 Bid | US $10.05 | 5h 34m |
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LIONEL GG1 2332 MOTOR WITH TRUCK AND EUNIT HAS RARE CLEAR SPINDEL | |
0 Bid | US $89.00 | 5h 37m |
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Lot of Vintage N Scale Switches Things HO OO | |
0 Bid | US $22.36 | 5h 44m |
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VINTAGE 1957 LIONEL PRE WAR ENGINE EXCELLENT CAST IRON | |
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US $90.00 | 5h 51m |
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VINTAGE LIONEL DUMP CAR W ORIGINAL LOGS AND TRAY EX | |
1 Bid | US $14.99 | 5h 54m |
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Brand New Tyco Red Box MONON Cement Hopper car NOS Very RARE HARD TO FIND Car | |
0 Bid | US $18.00 | 5h 59m |
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Microace N scale kato JNR 151 series Tsubame EXP 14 car set A0126 | |
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US $289.00 | 6h 42m |
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Hornby Skaledale Farm Buildings NIB for OO gauge model railways Very Rare | |
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US $125.00 | 6h 57m |
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Athearn metal ACL 40 Box Car kit b | |
0 Bid | US $12.00 | 7h 2m |
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Athearn metal Roller Freight Box Car kit b | |
1 Bid | US $12.00 | 7h 2m |
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H D Rome Watertown Ogdensburg 40 Box Car kit b | |
2 Bids | US $12.50 | 7h 2m |
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Kurtz Kraft Cotton Belt PS 1 Box Car kit b | |
0 Bid | US $9.99 | 7h 2m |
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Laconia Bourk Donaldson Taylor Potatoes Reefer kit b | |
1 Bid | US $14.00 | 7h 2m |
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Laconia Libbys Pickles Reefer kit b | |
1 Bid | US $12.00 | 7h 2m |
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Lot of 2 Red Ball Early Passenger Cars b | |
0 Bid | US $24.99 | 7h 2m |
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Paul Moore Little Scoot kit b | |
1 Bid | US $24.99 | 7h 2m |
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Red Ball DMIR Box Car kit b | |
0 Bid | US $12.00 | 7h 2m |
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Silver Streak undec 40 DD Box Car kit b | |
0 Bid | US $9.99 | 7h 2m |
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Marklin H0 shell for SET 800 green electr loco diecast | |
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US $59.00 | 7h 7m |
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Vintage Antique Collectible Miniature Wood Train Set Engine Cars Made In Japan | |
0 Bid | US $9.95 | 7h 16m |
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MARX MANUAL LIFT BRIDGE IN GOOD CONDITION | |
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US $59.99 | 7h 25m |
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Vintage Antique Collectible Miniature Plastic Circus Animal Train Set Engine | |
0 Bid | US $9.95 | 7h 31m |
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Snap On Tools 80th Anniversary Lionel ELECTRIC train set New In Box | |
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US $305.00 | 7h 35m |
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Very Rare Marx Prewar Hand Operated Semaphore Signal In Very Good Condtion | |
4 Bids | US $6.51 | 8h 2m |
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Very Rare Marx 3152 Santa Fe Partial Observation Car In Very Good Condition | |
7 Bids | US $15.75 | 8h 6m |
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Very Rare Marx 4427 AT SF Deluxe Caboose With The Original Box | |
2 Bids | US $9.99 | 8h 11m |
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Very Rare Marx 537 New York Central Side Dumping Car In Very Good Condtion | |
3 Bids | US $17.18 | 8h 12m |
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RARE LINDBERG SANTA FE SUPER CHIEF 40 REFRIGERATOR CAR RTR KDs CAR 10412 | |
0 Bid | US $7.99 | 8h 21m |
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LIONEL TRAINS RARE OPERATING CIRCUS ANIIMAL CAR HARD TO FIND USA MADE ORIG BOX | |
12 Bids | US $26.69 | 8h 40m |
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Accurail 40 PS 1 Steel Box NMRA 1996 Long Beach Convention Car Tuscan Red | |
0 Bid | US $6.50 | 8h 41m |
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IMWX SP 40 AAR Sgl Dr Box Tuscan Red Lines Herald 82765 | |
1 Bid | US $12.50 | 8h 43m |
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HO Train Silver Southern Pacific Caboose 1171 Oinv | |
0 Bid | US $6.95 | 8h 49m |
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HO Train Nestle TNCX 42628 Sinv | |
0 Bid | US $6.95 | 8h 49m |
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HO Train Engine Southern 2180 Green and White R | |
0 Bid | US $21.95 | 8h 49m |
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HO Train Engine Sante Fe Dummy Sinv | |
0 Bid | US $9.95 | 8h 50m |
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HO Train Norfolk and Western Passenger Kit 102 Oinv | |
0 Bid | US $9.95 | 8h 50m |
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HO Train Evergreen Freight Car Corporation EFCX 2503 Sinv | |
0 Bid | US $6.95 | 8h 50m |
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