Disney is trying to help inject more dollar coins in circulation. How? By giving dollar coins in change at the Magic Kingdom's Liberty Square and EPCOT's American Adventure.
Dollar coins have been hard to get circulating in the United States. Some reasons include:
Did you know the ANA (American Numismatic Association) has a coin dealer guide? All you do is type in your state, city, and/or zip code to get a list of coin dealers in your area.
Coin dealers are THE main source for your coin needs. Think of them this way: be it you want old coins, new coins, coin supplies, or coin books, coin dealers are your one-stop shopping for anything and everything you will want for your coin hobby.
While different dealers focus on different areas of numismatics (some work with U.S. modern coins while other ancient coinage), the philosophy is essentially always the same: coin dealers are a coin collector's best friend!
Congress approved a bill authorizing the production of Medal of Honor commemorative coins. The bill, which allows 500,000 silver dollars and 100,000 $5 gold coins, will be signed by the President and will let the coin be struck during 2011.
The Medal of Honor commemorative coin will not be the first coin to honor our military heroes. In fact, our nation has a long history of commemorative coins which feature military themes. Some of these coins include:
New coin collectors discover early during their time in the hobby that, along with the many interesting coins, there are also many new terms to learn and remember.
Let's look at a few basic coin terms that you will most-often encounter:
Coin Club: An organization focusing on some aspect of the hobby of coin collecting. Hundreds exist around the United States. They range in size, as well as scope. Some coin clubs have only a few members interested in just error coins (for example). Other clubs have hundreds of members and encompass more general areas of the coin collecting hobby. One of the largest and most popular coin organizations is the American Numismatic Association (ANA). Founded in 1891, the ANA has tens of thousands of members and has been chartered by Congress.
Coin Show: An event which draws coin dealers, coin collectors, investors, lecturers, and vendors. Coin shows vary in size and range from monthly events held at small-town meeting halls to annual events drawing nationwide attention.
Cull: A coin which is either extremely worn or has some type of "problem." Common detractions among cull coins are past cleanings, scratches, discoloration, holes, and dents.
Read: Cull Coins Defined
Continue reading: Coin Collecting Glossary
Great news for fans of Buffalo gold coins! The U.S. Mint is not imposing any ordering limits on the handsome Buffalo gold coins. With gold bullion prices as of this writing, the Buffalo gold coin sells for $1,360.00 and is selling at a pace of several thousand a day.
Buying gold Buffalo coins and other gold coins has been especially hot right now. Gold prices have been at or near record highs the past few weeks, and investors and collectors alike are excited about the type of investment opportunities gold seems to be presenting. Buffalo gold coins, by the way, are especially interesting to collectors because they bear the same design James Earle Fraser created in 1913 for the nickel. The Buffalo nickel was struck until 1938. The gold Buffalo coin offers .9999-fine 24-Karat gold.
You may have heard a lot in the news recently about how gold is making people lots of money. But is it a good investment?
According to one coin dealer, the better investment is silver, not gold. One reason is because it is currently undervalued. In fact, if silver were to perform as well as gold has proportionately, silver should actually be worth at least $5 more per ounce than it is now!
What should you buy when you're looking to purchase silver coins? See why you should consider these:
Have you ever seen a two-headed coin? Maybe you have, maybe you haven't, but at any rate you may be a bit upset to learn that any two-headed coins you find in circulation are not as rare and valuable as you may think.
Virtually all two-headed coins you find are made for use by illusionists and are not actual U.S. Mint products.
And if you still think two heads are better than one, you may be interested in learning more about the Lincoln-Kennedy cent. While not an actual U.S. Mint coin, the Lincoln-Kennedy cent is the product of private individuals who took regular Lincoln cents and counterstamped them with an image of John F. Kennedy. Similar coins exist with the Liberty Bell, and the states on them.
When you think about scarce coins, you probably conjure up images of coins from many decades, even centuries ago.
So it would likely surprise you to learn that many of the most popular "scarce" coins are from the 20th century. In fact, some scarce 20th-century coins were struck as recently as the 1980s!
Now before you read on, keep in mind that the scarce coins mentioned in this article -- which date from 1982 and 1983 -- are those which are "uncirculated."
That is, in general, whatever 1982 or 1983 coins you find (without errors) in your pocket change will not really be considered scarce -- because the scarcity and value of these 1982 and 1983 coins are due to grade, not solely the number of coins made that year.
Se why are 1982 and 1983 uncirculated coins so scarce?...
Continue reading: Rare Uncirculated Coins
Have you ever heard of Coins TV? Coins TV offers free, helpful videos about coins, coin collecting, and other interesting aspects about the hobby. Coins TV covers a broad range of coins and has videos that are particularly entertaining to watch.
Coins TV can help you find out more about various coins series and building different types of collections. One neat collection is the birth year coin set. Birth year coin sets usually include:
Do you know what a 1922 cent is worth? There actually are a few different 1922 cents, so there really is not "a" value for "the" 1922 cent. In fact, values range from about $15 for a 1922-D cent in lower circulated grades to thousands of dollars for a 1922-no "D" cent with in uncirculated condition!
Now, about that 1922-no "D" cent....Not all were created the same way. While "weak-D" 1922 cents are worth about $40 and up, 1922 cents with a strong reverse ("tail's side") design and no trace of a "D" whatsoever fetch at least $500-700.
Rare Pennies You Should Hold Onto... Including The 1943 Penny