American Silver Eagle Proofs are in high demand right now. Many collectors have proudly put together complete sets of the series, that contains every single date obtainable. When the most recent American Silver Eagle Proof was released late this past year, on November 19, 2010, it could be purchased for .95 through the U.S. Mint. Each and every household was strictly limited to buying a total number of one hundred coins.

Public demand ended up being very strong, to say the least!

In the first hrs subsequent to the coins release, the U.S. Mint suffered a variety of difficulties by clients who tried to buy from the website or even utilizing their toll-free number.

The American Silver Eagle  proof ended up being sold out by the end of December.

834,879 coins were purchased based on the most current sales record from the U.S. Mint!

Taking into consideration the fact that the premium that you pay is considerably above the actual spot price of silver, you might question the reason why the desire with regard to these coins is so high.

Were the proof versions really worth the extra amount you pay out?

I resolved to do a little investigating. . .

To start with, let’s examine precisely what tends to make this specific coin so exceptional.

1. Each and every coin is composed of exactly one ounce. of .999 fine silver.

2. If you glance carefully at one, you will observe immediately their particular astonishing splendour, extremely sharp relief, as well as a backdrop which is nearly mirror-like. They have a unique cameo effect due to their frosted, sculpted foregrounds.

3. To realize all of this fantastic splendor, the American Silver Eagle proof coin is actually created by way of a specialised minting practice.

4. All this commences when a burnished silver coin blank is pressed, and then fitted together with unique dies.

5. So as to supply the detailed images the sensation of floating above a reflective field, it is then struck numerous times.

6. After careful inspection, the coins are ultimately sealed inside a protective plastic capsule.

7. Finally, they’re placed inside a stunning presentation case that’s covered in blue velvet. Inside, the case is lined with satin and includes an authenticity certificate that’s signed by the Director of the U.S. Mint.

Thus all that additional manufacturing expense, time, labour, energy, etc. is factored into the price of the proof eagle. That is the reason for the excess premium.

Additionally it is important to note the fact that proof type has never been handled by human hands and that is the reason why they are so highly sought after and are valued at more than their own common bullion counterpart.

And so now we know the real reason for the additional premium. Nonetheless, are the American Eagle Silver Eagle proofs worth the excess price?

Recently, I did some research on the well-known auction site, eBay, to attempt to ascertain the recent selling prices for the the year 2010 Silver Eagle Proofs.

Exactly what I learned was the fact that sell amount varied, depending upon the particular grade belonging to the coin — whether or not it was PCGS PR70 First Strike or PR69, and so forth. At the time this particular article was written, the typical selling price seemed to be around .00.

That’s an increase of greater than 30 % since their November 19th launch date. (Please note: the price of silver might have risen or declined during the time you might be reading this write-up and so existing auction prices might be much more or less, depending upon the spot price of silver).

Let’s say, you’d purchased a regular bullion silver eagle on the exact same time frame, using the ending price of .35. You would now have a gain of only 9.69%!

It is also fascinating to take note that special edition silver proof coins like the 1995-W Proof Silver Eagle and also the 2006 Reverse Proof are usually valued at even more!

MS70 American Silver Eagle – Is The MS 70 Grade Really Worth The Cost?

First introduced in 1986, the wonderful American Silver Eagle coin could well be the most popular silver bullion coin available. The MS70 American Silver Eagle is one of the finest grades to choose from. However is it really worth the price? Let’s find out…

MS70 signifies “Mint State Brilliant Uncirculated.” It’s one of the grades used by two of the most popular independent, third party grading providers – the NGC, which stands for Numismatic Guaranty Corporation and PCGS, which is short for Professional Coin Grading Service. When you’re looking to purchase a high grade American Silver Eagle coin you should make sure that you use these dependable grading services.

A coin graded by these services can obtain a score ranging from 1 all the way up to 70. MS70 is the absolute highest grade that a coin can get. A coin that is graded MS-70 is absolutely perfect. There are a few grading services that will not designate a MS70 grade as they declare that a total perfect coin can’t exist.

The “MS” part of the grade represents “Mint State.” A Mint State coin could be graded from MS60 all the way up to MS70.

A coin is graded based on a number of different factors. These factors include scratches, polishing, nicks, rims, and other imperfections.

The MS-70 Silver Eagle is a coin that’s virtually perfect in condition. When purchased,  the coin will be encapsulated in a rigid plastic enclosure that has been sonically sealed. This is done so as to certify and protect its perfect condition. The MS-70 grade is only guaranteed if the silver eagle is kept in that enclosure. The coin will be labeled with the grade, grading service and coin type which for instance might be PCGS MS-70 Eagle. It will likewise include the the mint mark and unique serial number.

Even though the American Silver Eagle is a super popular coin, there aren’t many available in the highest grades. This is as a result of minting process itself. Just the simple act of handling the coin can very easily cause imperfections to occur such as minor scratches which would disqualify them from getting the MS-70 grade.

Now that you’ve got some history on the MS-70 American Silver Eagle the big question is, should you pay the extra expense for it?

That is all dependent upon your reason for buying the coin in the first place. If you are buying silver eagles only for the bullion, I believe you would be better served getting plain vanilla eagles in uncirculated condition.

If you’re set on purchasing a  2010 Proof Silver Eagle or higher you should know that the price which you pay will  depend on the demand for the coin. To put it simply, the ultimate worth of the coin is dependent upon its date. Keep in mind that high grade + limited supply = $ $ $ .

Here are some key dates which are in demand:

1. 1996

2. 2006-W

3. 2006-w 20th Anniversary Edition

4. 2008-W Reverse of 2007 Eagle

5. 2008-W Reverse of 2007 First Strike

Subject: American Silver Eagle

Tips On Collecting World Coins

If you are a collector of world coins you are going to want to collect anything and everything that has value.  There are gold coins, silver coins, U.S. coins, and ancient coins.  Something else you may want to consider getting into is collecting world coins.

Collecting world coins comes with a vast range of options and styles for you to choose from.  There are many different ways you can go about collecting these types of coins.  You can focus on a specific country, on one currency or you may opt to collect one coin from each country around the world.  Whatever you decide on just know that there are countless options to choose from.

As soon as you determine what genre or type of world coins you want to collect, it is time to start researching where you can find these coins.  The best way to get started is to purchase a quality world coin collecting guide.  This will provide you with all of the ins and outs of collecting these coins.

In addition to this, it may be of interest for you to purchase a book that provides you with values and feedback on various coins.  This can deter you from certain coins while pushing you toward other kinds.

As mentioned, there is a plethora of different coins and sets for you to look into.  To name a few of the options you have for collecting world coins, take a look at British Sovereign coins, French 20 Franc’s, and the Canadian Maple Leaf coin.

Your best option is to find the most unique and authentic coins you can find.  This will increase the value of the coins and how much you will be able to sell hem down the road if you choose to.  If you can, try to find coins that are in perfect mintstate.  This will drastically increase the value of the coins you possess.

There are numerous places you want to look once you determine collecting world coins is the way you want to go.  The internet is filled with web sites specifically devoted to selling coins.  You may even luck out on eBay or Craig’s List and find some rare coins at a bargain price.  However, purchasing a coin collecting guide is your quickest and best option.

There is no question that collecting world coins can be a fun route to take.  It opens the doors to a plethora of options and variations to get into.  You will have the ability to collect different currencies, different coins from a certain country, or you can go all out and collect one coin from each country.  Whatever you decide, make sure you have fun with it.

World Coins – A Fun Way to Explore

Every country in the world has its own monetary system, and they each have their own coins. Adding world coins  to your collection will add diversity and interest to the collection.  Imagine coins from North America, Africa, Japan, New Zealand and Russia. The possibilities are almost endless.

Take a look at Africa. Each country in Africa is home to its own culture, and coins from these countries serve as a looking glass into the soul of each culture. Like many other countries, coins that are from earlier times and are no longer in circulation have the potential to be far more valuable. An example would be the South African pound (they use the rand now). The South African coins were available in 1, 3 and 6 pence, 1, 2, 2.5 and 5 shillings and ½ and 1 pound. All were originally made from silver, but beginning in 1932, some were made in gold. The Gold Krugerrand of South Africa is a highly collectible coin, and was first minted in 1967 to help the South African gold market.

Japan and China have also contributed much to the world of coin collecting. The coins of both countries are different from most coins and are very beautiful. Ancient Chinese coins were made by casting rather than being stamped by dies like most coins. This makes them very unique. The majority of Chinese coins were circular with a square hole in the middle and decorated with Chinese letters and pictures. The Japanese made similar coins a long time ago, and made them from iron, copper, silver and gold depending on the coins face value. The Japanese put the hole in the center so the coins could be carried easily on a string.

While not as old as other coins in the world, Australian coins were first minted in 1910. Oceanic coins were also considered legal tender in Australia for a long time, and they had an exchange value that worked with the prevailing monetary system. Australia also recognized the Spanish dollar, the English shilling, the Pagoda and the Rupee until 1825, when British currency became the legal monetary system of Australia.

Coins from Greece, New Zealand, Central America and North America are all different and unique. Each country has their own monetary systems that represent different cultures. Canadian coins like the Maple Leaf Gold coin are terrific additions to any world coin collection. Canadian coins all represent some small part of Canada on them. Mexican coins are also very unique since they have portraits of Mexico’s leaders and culture changes from its history.

Adding coins from all over the world to your collection is a great way to learn something new about a different culture. Coins depict leaders, art and history of their countries, which makes each one valuable for many reasons besides the obvious.

Find out more about coin collecting at CoinCollecting-Values.com and see World Coins.
Article from articlesbase.com

2011 Standard Catalog of World Coins 1901-2000

• ISBN13: 9781440211584
• Condition: New
• Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed

No other reference exists which embodies the detail and comprehensive coverage of “The “Standard Catalog of” World Coins”. This is an indispensable volume for the beneficiary of a collection, someone just getting started in collecting or the experienced enthusiast who wants to keep up-to-date records. Any collector or investor in coins of gold, silver, platinum or palladium will be amazed by the increased value of their holdings.

List Price: $ 65.00

Price: $ 37.95

Subject:World Coins

The Lincoln Commemorative Silver Dollar is a special commemorative coin which was issued by the U.S. Mint in 2009. The purpose of the coin is to celebrate the 200th anniversary of Abraham Lincoln’s birth, and to raise money for the Abraham Lincoln Bicentennial Commission (ALBC). Mintage will be limited to 500,000 specimens.

The Lincoln Commemorative Dollar coin, which is being struck in 90% silver, features a portrait of Lincoln designed by U.S. Mint Artistic Infusion Program Master Designer Justin Kunz. The coin was sculpted by U.S. Mint Sculptor-Engraver Don Everhart. The obverse design is based on the famous statue of Lincoln that sits enthroned in the Lincoln Memorial (which is depicted on the reverse of the Lincoln Memorial penny.)

The Lincoln Silver Dollar reverse was designed and sculpted by U.S. Mint Sculptor-Engraver Phebe Hemphill. It features a laurel wreath motif, with the final 43 words of Lincoln’s Gettysburg Address spelled out in capital letters. Lincoln’s signature appears on the banner below. The coin reads:

WE HERE HIGHLY RESOLVE THAT THESE DEAD SHALL NOT HAVE DIED IN VAIN – THAT THIS NATION, UNDER GOD, SHALL HAVE A NEW BIRTH OF FREEDOM – AND THAT GOVERNMENT OF THE PEOPLE, BY THE PEOPLE, FOR THE PEOPLE, SHALL NOT PERISH FROM THE EARTH.

Lincoln Commemorative Dollar Production Facts

The Lincoln Silver Dollar Commemorative coin has an introductory period sale price of $31.95 for the Uncirculated version, and $37.95 for the Proof. According to the legislation that requires the minting of this coin, (PL 109-285, link is a PDF file), the sale price of the Lincoln Commemorative Silver Dollar will include a $10 surcharge to benefit the ALBC. The price will also include the actual expense of producing the coin and marketing it, plus the coin’s $1 face value.

Will the Lincoln Silver Dollar Be a Winner?

With a mintage limit of only 500,000 coins across both minting options (Proof and Uncirculated finishes), this coin could easily become a big winner (from the investment standpoint) if the Lincoln Commemorative Silver Dollar captures the public’s imagination. Demand could quickly outstrip the supply, especially in a year when the Lincoln Cent is getting it’s first design face-lift in 50 years. Add to this the popular sentiment towards Barack Obama and the associations between what Obama has accomplished and what Lincoln stood for, and there could easily be a public frenzy to acquire this Lincoln Silver Dollar issue.

Unfortunately, I am not as psychic as I wish I was, and therefore I cannot predict the future. I might be completely wrong about the potential popularity of these coins, and surely much will depend on whether the coin dealers market them heavily. Please do not construe my analysis as a recommendation to invest in these Lincoln Silver Dollars. Although I, personally, plan to buy 3 to 5 of them for my own collection, your decision should depend on your personal taste in coins and what your budget will bear. Usually when these commemorative issues sell out, there are too many of them on the secondary market for the coins to ever appreciate much in value, so it would be going against the norm if the Lincoln Silver Dollar Commemoratives did do well.

For More Info or to Buy Now: www.hsn.com Honor our 16th president, a man whose popularity continues even 200 years after his birth, with the 2009 MS70 ANACS Lincoln Commemorative Silver Dollar. This brilliant uncirculated, mint-state 70… Prices shown on the previously recorded video may not represent the current price. View hsn.com to view the current selling price. HSN Item #435235
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Some cool World Coins images:

French wartime coin

Image by kevindooley

The domination of Byzantine coins in the world economy, 5th-11th c.

Image by Tilemahos Efthimiadis
Numismatic Museum, Athens, Greece
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Η κυριαρχία του βυζαντινού νομίσματος στην παγκόσμια οικονομία, 5ος-11ος αι.
Νομισματικό Μουσείο, Αθήνα.

SPAIN, CHARLES III —ONE REALE 1782 a

Image by woody1778a
One reale coin from the reign of Charles III of Spain. These coins were used extensilely in the Americas. Coin is dated 1782. Coin is a minature of the full sized eight reales coin except for the designation of "1R"

by woody1778a

How To Begin Numismatic Coin Collecting

Originally the province of royalty and privileged classes, numismatic coin collecting was known as “the hobby of kings.” Over time, people from lower classes began coin collecting and today it is a hobby anyone of any age or background can participate in and enjoy.

In ancient Rome, Ceasar Augustus, the Roman Emperor, was known for distributing all kinds of coins to the people as Saturnalia gifts. In 1355, the Holy Roman Emperor Charles IV was presented a collection of coins by Petrarch. Petrarch, an Italian scholar and poet, is considered the first Renaissance coin collector.

In 1514, approximately 159 years from the time Petrarch presented the collection to Charles IV, Guillaume Bude wrote and published De Asse et Partibus, the first book about coins. Other famous coin collectors include popes, kings and emperors from around the world, including Emperor Maximillian, King Louis XIV of France, Pope Boniface VIII and Ferdinand I.

In the early 19th century, coin collecting societies and associations began. The Royal Numismatic Society began in 1836. It still exists today and publishes the Numismatic Chronicle, a journal of coin collecting. The American Numismatic Society began in 1858. In 1866 it began publishing the American Journal of Numismatics. Today the largest coin collection in America is owned by the society.

Over time, more and more people discovered this fascinating hobby. Most are amateur collectors who simply enjoy the coins. Others are professional and grade coins according to the Sheldon Scale. Numismatics has room for every kind of coin collector.

To start a coin collection is very simple. It does not require large sums of money or fancy supplies. Young children can even begin coin collecting with only coins and a cigar box. Any coin store can provide basic coins for a very low price to individuals just getting started with the hobby.

Older children and adults will want to purchase some type of folder or album made for holding coins. In lieu of this, use small envelopes designed to hold and protect coins. Another essential is a magnifying glass with magnification of five to eight times. To identify and price coins, collectors will want to buy a reference book. A number of these are available and are an invaluable resource.

More advanced coin collectors may come to the point where they decide to learn how to grade coins using the Sheldon Scale. Others may decide to collect coins from only one country or from only one period of time in history. Still others may want to collect specific coins from all of the years minted. Coin collectors can delve as deeply into their hobby as they desire.

Numismatic coin collecting is a great hobby for people of all ages. The degree of involvement can be tailored from very simple coin collecting for children all the way up to the level of a professional coin collector. The most important thing when first beginning to collect is to take it slow and have fun with your new hobby and share it with your friends and family. Who knows, maybe you will get them involved in coin collecting, too.

Related Numismatics Articles

by woody1778a

Why Collect Silver And Gold Numismatic Coins?

Collecting is a very enjoyable hobby. Every once in a while collecting can be very profitable say in the case of a rare stamp collection, paintings, baseball cards. Collecting numismatic gold and silver coins is more than just a hobby!

Numismatics is defined as the study or collecting of coins, medals, and paper money. Numis network coins are gold and silver coins of the highest graded silver and gold numismatic coins available. Each coin is delivered inspected, graded, certified and encapsulated in a tamperproof clear-plastic container for preservation.

As you probably know the Government is on a spending spree that is systematically destroying the value of the dollar. U.S. taxpayers are now on the hook for over trillion dollars! And that number is growing daily!

I have trouble rapping my mind over 0,000! What is 10 Trillion Dollars? It is what the bible refers to as burdening the backs of the people with taxes. It is in essence bankrupting the financial future of generations to come. Generations of your children and my children.

By spending too much we are mortgaging the lives of our unborn children.

What is to Mortgage you many ask

ORIGIN late Middle English : from Old French, literally ‘dead pledge,’ from mort (from Latin mortuus ‘dead’ ) + gage ‘pledge.’

What’s the government’s answer: Print More Money and, the Fed’s printing presses are set on overdrive. And the more they print the less valuable the dollar becomes and we head into hyperinflation e.g., Zimbabwe where the prices of a loaf of bread is in the millions of their local currency!

The decline of paper currency that is not backed by the gold standard demands that you begin to protect yourself, especially as jobs become scarce with the rise of technology.

To guard against this economic upheaval it is advisable that you start collecting Gold and Silver. Gold and Silver is God’s money. God’s money is real money. Right now the notion and idea of collecting gold and silver has not reached the masses. So the time is ripe, the coins are very affordable and best of all you can safe-guard against burdening your future generations with taxes!

In fact numis gold and silver coins are a Billion dollar industry just within the U.S. and a 0 Billion dollar industry worldwide. Cash In, You Deserve It!

The value of a coin depends on several factors, including what the coin is made from, if the coin has a mint mistake and if the coin is rare. Determine the value of coins and understand the grading system with tips from the owner of an antique store in this free video on coin collecting. Expert: Rui Farius Bio: Rui Farias has over 20 years of experience in collecting antiques and coins, and 15 years of experience in buying and selling antiques. Filmmaker: Christopher Rokosz

by hto2008

Question by newell: Why is it impossible to buy gold coins at a decent price over the internet?
I want to buy gold coins at 7% over the spot market. Why is this so hard to do? Are there reasons this is discouraged or something?

Best answer:

Answer by Space Invader101
Try EBay.

What do you think? Answer below!