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What is a Certified Mint State Coin?
What is a Certified Mint State Coin?

A Mint State coin is one that is uncirculated and resembles its original state when it was produced. In other words, it has at least some form of shine, though it may be dull, and the details of the design are clearly defined. Mint state is a condition given to coins at a certain level, between 60 and 70, on the Sh...

What is a Cull Coin?
What is a Cull Coin?

Any coin, regardless of its material or design, may be designated as cull if it is in poor condition. Any number of flaws, from cosmetic problems to structural defects, can justify this classification. Holes, scratches, pitting and bends are common among cull coins, as well as severe retooling, dark toning and even poorly p...

Numismatic Coins Vs. Old Currency: Where Value is Determined
Numismatic Coins Vs. Old Currency: Where Value is Determined

The differences in numismatic coins and rounds versus old currency is a matter of historical, intrinsic and monetary value. Before investigating which is more valuable, here are some highlights of numismatic coins versus currency that are important to know.  Numismatic Coins: The quantity produced is significantly hig...

What is My Old Coin Worth?
What is My Old Coin Worth?

What Is My Old Coin Worth? Coins have been around for more than 5,000 years. Early Roman Emperors gave Silver coins that featured their likenesses to their best generals and troops as a reward for bravery. Coin collecting became popular in Europe in the 1500s. In the United States, collecting coins didn...

What is a Wheat Penny?
What is a Wheat Penny?

What is a Wheat Penny? The Lincoln Wheat Penny is the most collected coin in the world. It serves as an easy and interesting collectible for the beginning collector of any age. The development and changes in the coin’s production, and therefore current value, depended upon many things including pu...

The 1921 Morgan Silver Dollar: A Popular Silver Coin for the Ages
The 1921 Morgan Silver Dollar: A Popular Silver Coin for the Ages

The 1921 Morgan Silver Dollar is a popular coin for collectors all over the world. It was an important coin that helped usher in the westward expansion of the United States. Various mints struck and minted Morgan Dollars from 1878 to 1904, then again in 1921. There are unique characteristics about the 1921 Morgan ...

This Rare Quarter is More Valuable Than You Think
This Rare Quarter is More Valuable Than You Think

The 1970 quarter never made it into circulation, and it is unlikely you will ever see another quarter of its kind. So just what was the error and what makes this error coin so valuable? The coin was struck over a Canadian quarter Instead of being struck on planchets, the coin was struck over a 1941 Canadian quarter. So...

Coin Finishes, Designs and Grades
Coin Finishes, Designs and Grades

Where the novice sees only Gold and Silver, the expert numismatist sees a variety of coin finishes, designs and grades. In building your Precious Metals collection, try not to become overwhelmed by the options. Embrace them as an expression of your priorities and personal style. First Strike Coins distributed within the firs...

WHAT IS NUMISMATICS?
It is common to hear about coin collecting and numismatics in the same breath, but there are key differences that separate the two. Numismatics is a growing field that attracts both history lovers and coin collectors. The value within numismatics is high because Precious Metals and bullion have continued to gain notoriety in the public. This article focuses on the extended knowledge of numismatics, highlighting historic coins and their significance, general bullion terminology and much more.

The popularity of coin collecting has increased due to a few factors, such as the discovery of rare and ancient coins, inflation and political turmoil. Every coin that has ever been minted has a unique history. Numismatics helps us highlight the historical value and scientific approach to the coins we collect. We often take our coinage and currency for granted; it becomes commonplace for us to spend it without thinking about its production. The value of numismatics goes beyond collecting coins and bullion, it is directly responsible for preserving a piece of our history.

NUMISMATIC VALUE
As the values of Precious Metals rise, collecting coins and currency has become more popular. The field of numismatics is both attractive and fun for experienced collectors and those who have a passing interest. These are some of the reasons for the rising value of numismatics:

  • Rise of Precious Metals value: You can see the rising price of Precious Metals values through time. Several factors play into the rise of metal prices, but seeing certain prices lends to more attractiveness with buying. Numismatics is not all contingent on Precious Metals values, but it is still a detail that can be beneficial to determine the collecting power of a numismatist.
  • Collecting coins and currency is more accessible: Rare and collectible coins have become more available to the public. While there are some numismatic coins that are harder to find, technology has made collecting coins and currency easier. Coin collecting has become more inclusive thanks to a variety of factors, which provides more informational channels and helps solidify an open network for numismatists.
  • Information has become more accessible: With the rise of the Internet, numismatists can get information on any rare or collectible coin. There are many learning opportunities available, such as how to start collecting or what is the most commonly collected coin over the past 10 years. The wide range of topics gives those interested in numismatics valued information.
  • Discoveries of rare coins and collectibles have drawn interest from people all over the world: From the rare Gold coin discovery in Israel to the shipwreck Silver discovery from over 300 years ago, these discoveries have helped pique the interest of coin collectors around the world. As more discoveries are made public, the value of numismatics rises even higher.

The motivation for collecting is different from collector to collector, but the result is the same. Numismatic coins and bullion are two different things, but both play an equally important role to the buyer. Understanding the differences between the two will help collectors make informed decisions about their numismatic purchases.

NUMISMATIC VALUE VS. BULLION VALUE
Numismatic coins and bullion coins are two different entities, but they both hold value. Collectors generally invest in Precious Metals bars and coins; however, they may be unaware of the numismatic value of popular bullion coins available. Numismatic coin value and bullion value carry an equal amount of weight, but the difference is the external value that a numismatic coin has. The rarity and popularity of the coin, intrinsic value, year it was minted and the necessity of the coin all play a role in determining the numismatic value of bullion.

Whether you are investing or collecting for a short term or long-term goal, there are a wide variety of resources that can help steer you in the right direction. You can invest in numismatic coins and bullion coins at the same time. If you are looking for numismatic value, many coins and currency will have the value you seek. As more people get into collecting, the value of numismatics can climb even higher.

Investing in both numismatic coins and bullion can be a profitable and fun experience. For new and experienced collectors, there is a bevy of information on numismatics available that will help you further your knowledge. There are many items that are associated with numismatics including coin types, classification, identifying finishes and the importance of historical coins.

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