Coin Myths, Trivia & Facts

Is It Time To Buy Silver? Pros & Cons Of Buying Silver Bullion Coins

Buy Silver

It seems like everyone's saying to buy silver. Whether silver prices are up, or whether they are down.Of course, a lot of the chants you'll hear about buying silver has to do with marketing. Bullion, after all, is a 24/7 industry with billions of dollars in silver up for grabs at any given time.I keep an eye on the silver prices anyway since I'm a coin collector, and what's been happening with the silver market over the past few years is interesting to say the least. … [Read more...]

Have You Noticed What’s REALLY On The 50 State Quarters? Some Surprising Findings

state-quarters-collection

The United States Mint's 50 State quarters program, which ran from 1999 through 2008, was perhaps the most popular commemorative coin series the nation has ever fielded.As I look back at the 50 different reverse designs that grace the U.S. 50 state quarters -- which honored each state in the order that they entered the Union -- I think of all the different artistic topic matter the coins cover.That's just one reason why I think a 50 state quarter set is so beautiful. … [Read more...]

7 Penny Facts – Things You Probably Don’t Know About The One-Cent Coin

penny facts

Betcha these penny facts will turn you on your head – um, obverse?Yes, the good old penny. It’s a coin you probably don’t use much these days, though I’ll bet you have a small stash of pennies somewhere in your home tucked away in an old clothes drawer or perhaps in a jar.Pennies have inspired me as a coin collector. Finding a 1941 wheat cent in my allowance hooked me on the hobby when I was a child. As a penny collector, I spent 2 years and hundreds of dollars completing an entire set … [Read more...]

Secrets On Dollar Bills: Fun Secrets To Look For On Your Dollar Bills

dollar bills secrets

Have you ever taken any time to study your money? Pull out a dollar bill from your wallet, purse, or pocket change… Notice all the little symbols on that piece of currency? Some people say there are secrets on the dollar bill – symbols, if you will, that convey secret messages.What are these symbols on the dollar bill and what do they mean? This is something that I wanted to learn more about.When I first started collecting coins, I naturally also had a little interest in paper currency. … [Read more...]

Why Collect Coins? Reasons For Collecting Coins In The Past & Present

Why do you collect coins? There are as many reasons as there are coin collectors in this world. Photo by

Have you ever asked yourself why you collect coins?I mean, really – what keeps you motivated to stay in the hobby? What do you like about coin collecting? And, when is it that you first realized you were a coin collector?For me, my foray into coin collecting began when I found a 1941 Lincoln wheat cent in some allowance money I was given when I was 11 years old in 1992. I was intrigued by that old coin, and wanted to learn more about it and find other wheat cents. Within a couple months, … [Read more...]

How NOT To Clean Coins: Tips On Cleaning Coins

how-not-to-clean-coins

OK, as I always start every post I write about how to clean coins, I’m going to put this blanket statement out right now: I strongly urge anybody who wants to clean their coins to reconsider. Why? Because an improper cleaning can ruin a coin’s value, damage its surface, and deny future generations the chance to enjoy your coin in its wholly original form.That being said, some people will still engage in cleaning coins anyway in an often ill-fated attempt to make it look brand new … [Read more...]

Six Fun Facts About Sixpence Coins

sixpence coins

For many, sixpence coins are more well known as a part of cultural lore than as a once-important part of the British pre-decimal monetary system, as well as that of several other nations, including Colonial America. So, for being a being a somewhat diminutive 19 millimeters, about the size of a United States one-cent coin, sixpence coins certainly have an incredible large presence in history.During most of their production, sixpence coins were struck with a 92.5 percent silver composition, … [Read more...]

New 2012 Coins from the United States Mint Commemorate an Iconic American Hymn, National Parks, and More

The selection of 2012 coins from the United States Mint include commemoratives honoring the bicentennial of the writing of the Star Spangled Banner. Image courtesy the United States Mint.

The United States Mint’s field of 2012 coins offers a wide array of beautiful designs paying homage to our nation’s historic figures, points of interest, and culture.As in previous recent years, coin collectors again get to choose from several designs honoring our country’s past presidents and national parks, but there is a new offering adding a more lyrical touch to the wide selection of coins, and a dollar coin that you’ll be chomping at the bit to buy. 2012 America the … [Read more...]

Platinum American Eagle Coins Returning?

platinum-american-eagle-coins

Since 2008, the popular American Eagle bullion coin program has not seen the release of any platinum coins other than the one-ounce proof coin.But, that may change in 2012, as the United States Mint considers ushering in the return of the full line of platinum Eagle coins.Platinum American Eagle coins were first minted in 1997, and had been a favorite coin for tens of thousands of portfolio and IRA investors and coin collectors.Platinum Eagle coins are .9995 fine and were offered in … [Read more...]

Enormous Silver America The Beautiful Quarters Make Huge Debut

In 2010, America the Beautiful quarters made their debut. After much anticipation in the numismatic community, 5-ounce silver versions of the America the Beautiful quarters have finally been released. Here's the inside scoop on these large, silver America the Beautiful quarters and how you can get one (or more!)   … [Read more...]