Coin Collecting Isn’t Just For Children

When you get started grading coins there are a lot of factors you will have to be able to identify and define. A good suggestion is to find pictures of mint condition coins of the variety you are attempting to grade. You will probably need to have a good magnifying glass or possibly even a microscope or a jewelers lens. You should develop some skill in grading coins if you are going to collect coins.

American Buffalo. These gold coins were designed after the Indian Head nickel by James Earle Fraser. They show an Indian chief (who Fraser said was patterned after the features of three Indian chiefs who posed for him) on one side, and a bison or buffalo on the flip side. These challenge coin design were first offered to people on 2006. People who buy gold coins like these immediately realize that they made a good purchase, too, since these coins are pure 24-karat gold. And, they are also highly-desired by collectors, investors and enthusiasts.

It is nearly impossible to remove, inspect, and put 1-oz Gold Maple Leafs back in their tubes without scratching them, no matter how carefully done. Gold Maple Leafs have smooth, clear fields around Queen Elizabeth’s likeness and sharp milled edges. As the coins are put back in their tubes, the edges scratch the fields–and sometimes the Queen’s raised image.

Also its great to have a real portrait of an Emperor in your possession. Many emperors came and went and it was customary to inscribe the portrait of the emperor on the coins that were minted during their reign.

There are some collectors who prefer silver coins over gold, but most enthusiasts make sure that they have both. These coins can be availed from different resources that include online stores, coin dealers and at auctions.

The use of gold challenge coins custom however stopped in 1933. Countries all over the world begin to find it too expensive to use gold coins as their currency. Nowadays, some countries use gold-colored coins which no longer contain gold.

The chart and the calendar become visual reminders of the commitment you made to yourself. If you keep these for consecutive months you can also challenge yourself to improve your performance the next month. By this I mean, if you walked 12 days the first month, challenge yourself to walk 17 days the next month.

Therefore, whether you are collecting as a hobby or for investment you need to be smart in selecting the gold coins. After all, the money you buy for it is hard-earned money. That is why you should keep in mind not to waste your money by picking the coins that have lower value. Instead, choose gold coins that can make you money as years passed because of its higher appreciation value.