What Does Coin Purse Has to Do With Coin Collecting

Coin Purses can come in handy for men and women - and children. Established in 1968, the coin Purse is the oldest and the greatest coin dealer in Nashville's.

For the last 39 years Coin Purse has been the coin buyer as well as the coin appraiser for thousands of coin collectors of the World.

Note these facts:
The Coin Purse is said to have one of the largest collections of rare as well as currency coins.
The Coin Purse are known to be the most aggressive buyers for rare coins,they are forever upgrading their collection of coins and currencies for the privilege of their esteemed coin collectors.
The Coin Purse is known for its reputation in buying and selling well graded rare coins ,they work on a parallel level with the Local banks Lawyers as well as Government agencies in Tennessee, in buying selling as well as evaluating rare and old coins.

Coin Purse is said to own a large collection of coins ,of all specimens they are known to house not only rare old antique coins but also deal in valuable coins like Gold and Silver coins ,they have a large variety of Gold and Silver coins too ,they have Souvenir coins as well as Bullion coins in you are interested in investments .These coins come with certificates thus ensuring your savings.

They are also known to house as well as deal in the popular rare valuable cins like the Gold American Eagle ,Gold Buffalo ,Silver Eagles ,Canadian Morgan and Peace Silver Dollar.
Coin Purse deals only with authentic coins ,they deal in Bullion coins certified by banks or Government agencies.

Their rare and old coins are well graded by the Professional Coin Grading Service (PCGS) as well as NGC, and ANACS. Coin purse is by large one of the most professional coin dealers and their experienced guidance are certainly very beneficial.

Coin market is full of all kinds of coins rare coins valuable coins antique coins, it is very important to know the genuinity of the coin before pursing them .In this case professional agencies like coin purse turn out to be very useful as they ensure that you are not cheated with your money or investments. Rare old coins are very expensive and so it is up most important to check the authentication as well as obtain a grade certificate to ensure you are in a safe deal and your purchase has a resale value.

Coin collection is an expensive hobby, if one takes professional interest I them it is very important to take help for coin dealers like coin purse to ensure your investments.
Coin Purses are available online and off in all budget ranges.
Source: articlesbase.com

Basic Things to Remember When Choosing a Coin Sorter

Coin Sorter equipment can come in handy. A coin Sorter is a machine used for sorting of the coins into individual denominations and then coins are deposited into respective containers. The coin sorter makes use of the size, weight and shape of the coin to sort them. These coins are of selective sizes. It takes just few minutes to complete this task, which saves your lots of time. It is very useful at the places where transaction of large amount of coins takes place.

A coin sorter machine comprises of a vertically disposed hopper with a top entrance and exit at bottom for coins. This hopper is fixed mounted. It also has the rotating disc having flexible surface, which carries coins on its top surface. This rotating disc moves in a selected direction. There is also a drive motor for rotating this disc. A stationery plate is placed slightly away from flexible surface of the disc. This stationery plate has an area for placing coins in single layer and in single file. A guiding edge, which engages selective sized coins in a single file are guided along a prescribed path. The positions of engaged coins are determined by their respective diameters. Sorting area distinguishes between coins of different denominations and selects those coins for exiting them from rotating disc. These coins are then deposited at different locations according to their denominations.

High volume coin sorters can sort approximately 10,000 coins per minute. High volume coin sorters are super fast and have warranty of around 50 million coin sort. They have a capacity of handling large amount of coins. They are useful for bank and armored carriers. Low volume coin sorters have capacity of handling 3000 to 4000 coins per minute. They may have coin wrappers or coin drawers for sorting of different denominations.

While choosing your coin sorter you need to remember three basic things. Speed of coin sorter is the first thing. A coin sorter should sort the coins fast. Coins sorted are counted as coins per minute, which decides the speed of a coin sorter. Size of coin sorter is the second thing. If a business is small then a coin sorter having capability of sorting 3000 to 4000 coins per minute may be adequate. The same sized coin sorter can also be used for teller purposes. A large sized coin sorter can be inconvenient because it needs more room and is difficult to move around.

The Electronic Coin Sorter: The electronic coin sorter is designed to make the task of rolling coins faster. Press the button and drop your change into this coin sorter. Electronic coin sorter sorts your coins rapidly. Pre-formed coin wrappers perfectly fit into coin holders. The electronic coin sorter requires cell batteries to work with.

The Digital Coin Sorter: The digital coin sorter is one of the best types of coin sorters. Many different models of the digital coin sorters are available in market. Some are heavy-duty coin sorters, which handle large amount of coins per minute. Some are battery operated and small coin sorters, which handle just 20 coins at a time. Just by pressing a button one can view the counts of dimes, pennies, quarters and nickels.
Source: coin-articles.com

How the Coin Value of your Currency is Determined

Coin Value depends on several things. Focus on the facts,Coins are of course small disk shaped metal pieces used for money transactions.Until today coins played a very vital role in our day to day currency circulation. In today's times many new types payment modes have been introduced.

Bank noted credit cards paper money like travelers cheque wire transfer of money. For higher denominations we use Bank notes and coins for smaller day to day transaction.

Coins in the ancient times were made out of Gold Silver metal ,this practice was stopped by countries in the early 19th century, when metal prices shot up .

The face value of the coin is always of lower denomination so the metal used has to be of reasonable pricing too. As the economy grew Gold and Silver was stopped for currency coins, these expensive metals were used for producing Bullion coins which are bought only for the purpose of investing.

Nowadays metal copper and nickel coins have replaced the valuable metal for currency coins. Valuable Bullion coins like Gold coins Silver coins Platinum Coins are valued as per the prevailing market rate of the metal. Gold Silver and Platinum coins o not have fixed price they fluctuate as per the market fluctuations.

Coin values of other coins like currency coins is the face value of the coin, the amount printed on the coin is the value of the coin.

Coin Values of rare old coins is totally dependable ,there are many factors which determine the price of such coins like the historical significance of the coin the rarity the age the condition the mint mark ,all these are taken into account while valuation of the coins.

Coin Grading also plays a versatile role in coin values. Coins are graded keeping in mind all the aspects especially the uniqueness the age and the condition of the coin. Good coins can be marked as below

G-6 VG-8 VG-10 F-12 F-15 VF-20 VF-25 XF-40 XF-45 AU-50 AU-58 MS-60 MS-63 MS-65 MS-70.Where as average or poor coins are marked as PO-1 ,FR-2, AG-3,G-4.

A well graded coin is always valued at a higher price.Coin values are also determined on the demand of the coin , sometimes a rare old coin would not be highly priced as the demand for the coin among the coin collectors is low.

On the contrary a commonly circulated coin would fetch a higher price ,as the demand for that particular coin is relatively higher with con collectors.

Coin collection is an expensive hobby ,earlier this hobby belonged to Kings with the advent of various coins in circulation more and more people are getting interested in this hobby.

Coins are of high value so need to be verified thoroughly before investing money in it. Coin value as well as their grades are to be well checked before one invests any kind of money.

How Coins Have Influenced our Lives From the 6th Century Bc

Coins are generally hard round pieces of metal that are used as currency and have ben used this way for centuries together. Coins are issued by the banks or Government . Coins are used for day to day circulation in daily life. Lower denomination are in form of coins where as higher denominations are issued in form of bank notes .

The gross value of the metal used in coins is much lower than the face value of the coin.
Exception to the currency coins are the Bullion coins ,coins made out of precious metal like gold silver and platinum. These coins are not used for currency, gold coins and silver coins as currency was ceased in 1933 when the gross value of the coin became higher than the face value.

Gold and Silver coins are not produced only as souvenirs or as collectors item or for investors.
Gold and Silver coins being very valuable are mainly produced for coin collectors ,or for investors who purchase these coins to safe guard their savings. These valuable coins are a good way of liquidating your investments ,in the United States financial planners are known to advice their clients to put at least 40 % of their savings in purchasing these Gold and Silver Bullion coins.

Every country mints Gold coins for their investors as well as coin collectors.United Stats mints the American Gold Eagle.Canada is known to mint the very popular Canadian Gold Maple Leaf.
South Africa is known to mint the not so popular in demand the Krugerrand.

The face value of the U.S Eagle is 10$ ,though In this case the face value makes no difference as the gross value of the coin is much more ,the coin in this case is valued as per the prevailing market price of Gold metal. The Canadian Maple Gold leaf also has a nominal face value.

A great number of metals are used for the production of coins ,metals and alloys of all kinds are used for minting coins , earlier valuable metals like gold silver and platinum were used which then became collectors item or Bullion coins ,for currency the use of copper came into practice this too at some point when the metal value of copper increased had to be ceased after copper Nickel was very popular for small coins of cent and quarter .Nowadays steel is used practically for all the coins ,though plating and coloring of different kinds are given to create differentiation among the coins.

There are many types of coins
Currency coins are the ones used for day to day circulation ,the face value of these coins is the market value of the coin ,the gross value of the coin is lower than the face value.

Bullion Coins -Gold and Silver coins ,the coin value of these coins depends 100%on the market value of the metal ,a gold coin is priced as per the prevailing rate of the gold metal .Bullion coins are valued as per the cost of metal their standard weight as well as their purity. These coins are no more used In circulation, they are used as investors item .

Rare antique coins
These coins are collectors item , the value of these coins is determined by the rarity the age the condition the date of issue the mint mark of the coin . If the above criteria's are not met with the coin ,the coin is graded with a low grade and the market value of the coin is relatively low.
Certain coins have historical significance to their presence and such coins whatever be the condition are well priced n the collectors market.

Coins have been a part of our lives from the 6th century BC ,the first coin was minted by the Mahajanapadas of Indo- Gangetic Plan since then coins are an essential part of lives either in form of currency or In form of Bullion coins as investment.
Coins - go figure - and enjoy!

Rare Coin Valuation and Price Guides

Coin Price Guides are useful among collectors. In brief, coins are tiny disk shaped metal pieces of currency. Coins come in various categories that are valued as per their face value, currency coins come with an amount printed on them and the printed amount is the price of the coin. Rare and Historical coins are those that were made centuries before us, these rare coins are very significant in finding out historical information about our ancestors. Historical coins can fetch a very high price in the market; the pricing of the coin is also based on the significance, quality, condition, uniqueness and beauty of the coin. Gold coins or Silver Coins are mostly bought as an investment; the price of these coins usually depends on the market price. Due to fluctuations in the economy there are no set price guides therefore the price of Gold and silver coins also fluctuates. Coin Pricing is based on certain criteria's- * The coin must be made of a valuable metal; and the pricing of this coin will be close to the market price of the metal. * Coin should be of standardized weight and purity. * The marking on the coin has to be genuine and marked only by an authorized authority. * Pricing of the coin also depends on the date printed on the coin, as well as its historical significance. From time to time coin collectors come across coins that are very difficult to analyze a price, for instance a coin collector may own a very unique coin that cannot be priced due to its unclear marking or worsened condition, on such occasions the pricing of the coin is based on the demand of the coin or how many coin collectors are interested in the piece. Sometimes a very unique coin will not be as well priced, as a coin that is relatively plentiful in nature and this is simply because the more common coin is in higher demand by the coin collectors. For example there are only 30,000 dimes of the 17th century, where as there are nearly 4,000,000 20th century dimes, yet the 20th century dimes are sold at a higher price than the 17th century dimes, and this is only because the 20th century dimes are more popular among coin collectors. Generally coin prices keep varying, the general rule in the coin price guide is the rarer the coin the higher the coin value, still there are some exceptions as in this case; a 1913 marked Liberty head Nickel was sold for $1,000,000 as there are only 5 pieces of such coins, where as 1000 year old Chinese coins were sold for not more than $100-$200 as there were a number of these coins available. Coin grade also influences the coin price guide, coin grade depends on the condition, the better the condition the higher the grade will be and the higher price the coin will fetch. However you should bear in mind that the monetary valuation of a coin is not everything, even if one coin does not have a high market value it does not loose its significance as it can still be very much a part of your collection. If you are interested in pricing, you can get Coin Price Guides that come in print (soft cover and hardcover) and they are also available online in digital format.

What Affects the Value of a Coin ?

When just beginning in coin collecting, often the first question is: “What is the value of my coins?: and the answer is that the coin will cost as much as you are willing to pay for it and the amount can vary greatly. For example, a coin dealer’s offer can be considerably less than a coin collector that really wants your coin badly to add in his or her collection.

Here are some factors that go into finding the true value of a coin.

1. Grade or condition of the coin. Your coin will be worth or valued more when it is in good condition. When in a perfect or unblemished mint condition, an “uncirculated” coin will be worth many times more than a similar coin that has been in circulation.

2. The rarity of a coin is the principal basis for a coins value. Generally, the rarer that a coin is found to be, the higher it is priced. Do keep in mind that rarity has very little influence on the coins age. Chinese coins are a thousand years old normally sell for about ten dollars since there are so many of them; while a “1913 Liberty Head Nickel” can sell for up to or over a million dollars because only five specimens are known to be in existence.

3. What is the Demand? There are coins that are greatly in demand; sought after by many collectors, and if that a particular coin is in great demand the price will be even higher. Even comparatively plentiful coins can mandate higher value when they are popular with coin collectors.

4. Coin Bullion value. A coin's precious metal content can help determine its value. A platinum, gold or silver coin will not, in general sell for less than the coins value when melted.

For example, “1916 D dimes” are much more common than the “1798 dimes” yet in spite of this, “1916 D dimes” sell for so much more because there are many more individuals collecting 20th century dimes than 1700 dimes.

Here’s how you can determine the approximate value of your coin:

1. Properly, accurately, and correctly recognize and classify your coin, and know the to place value on that coin. You can do this successfully by examining your coin in a catalogue or online with the “coin price guide”; this will give you an idea of the going rate and price of your particular coin and you can determine the approximate value of your coin.

Everyday coin values are changing; so you need to use a “coin price guide” that is updated on a daily basis to obtain the current coin value. Look at online sites that offer step by step guidance on how to recognize your coin the proper way.

2. Grade your coin based on your thorough observation and examination of its current condition.

3. Consult coin catalogues for a list of retail prices in or estimates of your coins retail value. “A Guide Book of United States Coins”, popularly known as "The Red Book" to coin dealers and collectors, provides information on retail coin prices for US coins and is available in libraries, coin shops and bookstores. “The Standard Catalog of World Coins” (in volumes) is a guide commonly used by coin dealers and collectors as well, to provide information on world coins and is available in many public libraries.

You can also check current coin prices by basing it on the actual dealer coin price found in magazines and newspapers or online auctions such as Yahoo, Coin World, eBay or Teletrade.

Always keep in mind that you are not collecting coins primarily for money; you collect for enjoyment and self gratification, and profit is to be last consideration. The plain fact that a certain coin does not have a large monetary value, does not necessarily suggest that it is no longer interesting or fascinating or that it must not be included in your collection.

Each coin will have a certain interest in itself, regardless of the condition that it is in and regardless of its monetary value. There will always be a certain characteristic that will draw you to that particular coin; so when it does, then you should have it in your collection. Good luck!

Grading Coins In Coin Collecting - The 6 Types Of Coins To Know About

The quantity of the coins you hold does not judge your ability in coin collection. One other important thing that you have to keep in mind is the quality. The coins are graded on a scale of 0 - 70, which was introduced by Doctor William Shelby, and this process was called "Penny Whimsy".

Following are the methods in which the coins are graded:

1. Mint State Coins

These types of coins almost have a value of about 60 - 70 on the scale. This kind of coin has no flaws, whatsoever. Many coins that belong to this category are shiny, new, unworn, and uncirculated.

2. Almost Uncirculated Coins

"Almost Uncirculated" coins are rated 50 - 58 on Doctor Shelby's scale.

The coin collectors must always know the various locations of high points in this type of coin. The best way to check this coin is to see the difference in the light reflection in the various high points. This is the specialty of the "Almost Uncirculated" coin, and this is how it differs from mint state coins.

3. Fine Coins

These kinds of coins are further classified as:

(i) Extremely Fine Coins which range from 40 - 45. Mint luster will be present in this coin.
(ii) Very Fine Coins which range from 20 - 30 or even 35. These are the coins that could have been in use for around 1- 3 years, and the minor details might not be present anymore.
(iii) Fine Coins range from 10 - 20, depending on the closeness of the details in the coin. These coins generally are worn out, yet have their design.

4. Good Coins

These coins are of three types, "Very Good Coins, and "Good Coins" and "Almost Good Coins".

Most of the intricate details would have disappeared by now. But, the weak designs will still remain, and they can be observed. Otherwise, the high points in the coin are smooth.

Generally, the "Very Good Coins" get to have the full rims, and the mint mark, along with the date will be visible in case of "Good Coins". "Almost Good Coins are worn out!

5. Fair Coins

These kinds of coins are totally worn out, but they can be identified with what remains. As long as it is identifiable, it is good!

6. Basal Coins

These kinds of coins can be identified as coins, but then, what kind of coin it is, is hard to say.

These are the classifications in which the coins can be graded. Always remember that the grading knowledge of coins will give you an edge in your coin collecting spree.

Coin Collecting Software - Can Make Things Far Easier!

There are many people who enjoy the activity of coin collecting for their own personal fulfillment. Such people enjoy collecting coins as a hobby. Apart from being hobbyists, many people collect coins as an investment. These people invest their money in different coins of high value in the hope that one day these coins will turn in a profit for them.

Irrespective of the reasons coin collectors collect coins, this activity is a time consuming and endless process. There are literally million coins in circulation and different coin collectors consider collecting these. For instance, there are international coins, Statehood Quarters, limited edition coins and rare coins that are yet to be collected because they are still in circulation among consumers. Although a coin collector can collect just about any coin, most investors and hobbyists prefer to collect valuable coins.

But, as stated previously, finding these kinds of limited edition, rare and other such valuable coins takes a long time and needs a lot of patience and perseverance. Purchasing is the first factor that needs to be considered. There are a number of coin collectors who miss out on various options available to them while looking to increase their valuable coin collection. If you want to add valuable coins to your coin collection, the best way would be to meet professional coin dealers. There is also the option of using the internet and going to online auction websites.

Although it is ideal to seek help from online auction websites, coin dealers and the internet in order to increase one’s valuable coin collection, many people are not sure on how to select. The coin collecting software plays an important role here. There are many different formats in which coin collecting softwares come, but all coin collecting programs have a common goal; to make it easy for all hobbyists and professional coin collectors to collect coins.

One of the most frequently asked questions regarding coin collecting software involves the price. There are many softwares that are free and these are usually sought after. Although free coin collecting programs are available for downloading, these softwares are usually limited. There are many free softwar programs that provide the user with a list of coins that any enthusiastic coin collector will want to examine. Usually, these software programs give the user the option of checking out coins once acquired and added to the collection. From these points of view, free coin collecting software may seem ideal for organizations, but it is always a good idea to spend a little money, perhaps around $100, and purchase a professional program.

Coin collecting software, as stated previously, varies, but there are a number of professional coin collectors and hobbyists who prefer to pay for the software programs they use. These professional software programs, apart from outlining the worthiness of a coin, will also allow you to check off the coins that are in your collection. All values are kept current by regularly updating using the option of automatic updates like yearly updates.

As discussed earlier, all coin collecting software and in particular the paid ones benefit professional coin collectors and coin hobbyists. Even if you are not certain about using a software program to help you collect coins, it is always worth the shot to see what it is about. A few minutes online should do the trick as any ardent coin collector will not fail to see the many benefits of using a software for collecting coins.

Russian Coins Phenomenon

Reading latest news you could see titles like “Sale of Russian Ruble Paves the Way in Goldberg Coins Pre Long Beach Auction”, “Russian Ruble (1714/3 PCGS EF-45) fetching $46,800” and going through Russian Coin forums, you will see topics, such as “Russian Coins Prices are MAD” and “This hobby is becoming too expensive”.

Russian Coin market has exploded this year! The prices for most quality Imperial Russian Coins (pre 1917) has grown 100% and keep going up. Coin Dealers are confused and if you call most of them you will hear the same answer: “We don’t have any Russian Coins in the inventory right now. Russian Coin Market is hot.” So, who is buying Russian Coins and how it can be possible for the coins prices to grow 100% in just 1 year?

We believe, to understand what happened you will need to go back in the history. Russia went through very difficult times in 20th century; people struggled to feed their families and had little interest in expensive hobbies, such as collecting coins. A lot of silver and gold coins were melted down or converted to jewelry. We know how many Russians coins were minted, but no one knows how many coins survived through all these years of weak economy. Even now all Imperial Russian Coins can not be exported from Russia, so there circulation of such coins outside of Russia is limited to Russian coins smuggled illegally or Russian coins kept by generations of Russian immigrants.

You could see that demand for Russian coins started to grow 5 years ago when Russian economy just started to recover. It’s easy to conclude that the recent growth in Russian coin prices is related to booming Russian economy. In fact, if you compare results of coin auctions in Russia with Russian coin auctions outside of Russia, prices for the same Russian coins outside of Russia are 10-30% below than inside of Russia! The demand is coming from Russia itself where more and more people find investing in coins to be very rewarding. Russian coins on European and North American auctions are bought through proxies and coming back to Russia and western Russian coins inventories, which were not very good from the beginning are depleting. There is a huge demand, which drives the prices up and with quality Russian coins going to private collectors and investors you can find that some rare coins sold in the auction in January are selling for twice as much in June. This is unbelievable 100% Return on Investment in 5 months!!! And, people were saying stock market brings highest returns. The one million dollar question is for how long the prices for Russian Coins can growth and would this market overheat and crash one day.

We know that every market has its ups and downs and 100% growth is not sustainable in the long term. From the other hand, if we compare coin prices for British and American coins to Russian coins, we can still see that rare Russian coins are still selling for much less than British or American coins of such rarity. For the largest country in the world with, such an interesting history, Russian coin market is still in the developing stages and we believe it will be booming while Russian economy is doing well and a lot of experts suggest that Russia might finally have a bright future.

If you are interested in taking a part of this rally and have little or no knowledge on Russian coins, following are some suggestions, which you will need to consider. As in any growing market there are people, who are trying to exploit and profit from it in a fast way. There are more and more fakes of Russian coins, which are coming to the market, which are worthless, but can be sold to inexperienced collectors or investors for thousands of dollars. People looking for bargains are ending up buying these fakes without realizing that they were cheated. Our advise it to stick to the coin dealers, who specialize in Russian coins, there are still some, such as www.MyCoinDealer.com, which have quality Russian coins in the inventory. Avoid auction sites, such as Ebay, where (don’t be surprised) a lot of Russian coins sold as original will end up to be copies! Buy coins certified by NGC, ANACS or PCGS. Apart from certifying that coin is genuine, certified Russian coins are graded according world standards. When you buy “raw” (uncertified) Russian coins, which is a high possibility they are overgraded or can end up to be cleaned or worse - fakes. You pay a premium on certified coins, but it’s worth it. The fact is that even experts can’t tell if the coin is fake by looking at the picture and without certified agencies, coin market would be doomed. Try to do some research to learn about coin grades, clean coins, coin toning and coin varieties, we suggest you to visit http://www.mycoincollecting.com/ to read more information on these topics. For example, Liberty Gold Dollar of 1879 would cost you around $350 in (AU) About Uncirculated grade and $7000 in Uncirculated MS-67 grade and if you haven’t seen a lot of these coins you won’t even tell the difference between the 2. Our advice, that you should buy VF-30 – XF-45 1700-1810 Russian coins and AU or MS-65 1810-1917 Russian coins. These experienced the highest market value growth in the recent years and we believe will keep going up. Russian Gold Coins and Platinum Russian Coins were appreciating fast because of the recent growth in Gold prices, so if you believe the price for gold is going up and can afford such coins, you might find to look at Russian Gold Coins a bit closely.

To summarize, Russian Coin market is still maturing and although 100% increase in price in 1 year seems crazy, it can be explained that Russian coins were overlooked in the past and were very cheap before and just start to get appreciation and demand they deserve in the recent years.

The History of Gold Coins Issued by Usa

The first gold coins in the United States were issued back in 1795. The Unites States Mint set the value of the U.S. Dollar at 24 grains of gold. The value was based in accordance with the world price on the precious metal, which at that time was $19.39 per troy ounce.

The U.S. gold coins started to be issued in seven different mints around the country as the Western Frontier of the Unites States began its expansion. The mints were set from Philadelphia to San Francisco. The sizes of coins varied from one dollar gold piece to fifty dollar denomination. It is worth mentioning that at that time the U.S. mints issued coins that were worth their weight in gold.

In 1834 and 1837 U.S. Congress modified the gold specifications by setting the price of gold at a mark of $20.67 per ounce. When the Great Depression occurred in 1933, President Roosevelt made gold an illegal asset for the citizens of the United States. During this period, by Roosevelt's order, all gold coins were returned to U.S. Treasury and the melted into gold bars. After that the value of the U.S. dollar coin was set to $35 per ounce. The global outcome was to decrease by 40 percent the buying power of the dollar

When millions of gold coins were melted into gold bars, they became very rare and thus highly sought by various collectors. According to money experts only about one percent of gold coins can be found today. Each gold coin that survived till nowadays is highly valued by collectors and investors.

Every gold coins minted in the United States before 1933, is valued on individual basis according to its date, rarity, appeal among various collectors and its grade.


What is Rare Coin Grading Worth?

Coins that fall under the category "rare" are graded on ANA (American Numismatic Association). The scale ranges from 1 to 70. Coins are certified authentic and then PCGS or NGC, two leaders in providing coin grading services. For example a gold coin graded 1 has a slightly visible date, very wear and its value is a little above its weight in gold or precious metals. Obviously the better the coin is preserved the more a collector or investorinvestor in willing to pay for it.


Double Eagles

1933_double_eagle_gold_coin_reverseVery often a collector starts his Gold Coin Collection of U.S. coins minted before 1933 with a $20 Double Eagle. Note that from 1849 to 1907 U.S. Mist issued the Liberty series. The Mint then changed the design of the Double Eagle into Saint-Gaudens. The latter were minted in the period between 1907 and 1933.

Starting a collection of Pre- 1933 U.S. gold coins is advantageous for several reasons:

"Pure Gold Content" - this means that each coin includes almost 1 troy ounce of gold.

"A Double Profit Opportunity" The gold market is continuously changing and $20 Double Eagle gold coins already have a history showing the continuously rising value, which goes 2 to 3 times higher in value if compared to the gold bullion alone.


The 1933 Saint-Gaudens Gold Double Eagle Coin

One of the most valuable, if not the most valuable, coin is considered to be the 1933 Saint-Gaudens Gold Double Eagle1933 Saint-Gaudens Gold Double Eagle. It actually was never officially issued. Still it appeared from 1907 until 1932. Although in 1933 there were 445,500 Double Eagle minted, none were released into circulation because of the changes made in currency laws during the Great Depression.

The result of the Great Depression was that president Franklin Roosevelt took America off the gold standard. The gold coins were drawn out of circulation and afterwards were not issued anymore. Besides, people had to return the ones they had

Later, in 1933, the Double Eagle coins were declared illegal. It was prohibited to own any of the gold coins, unless they had a collectible value.

The same year Gold Double Eagle coinsGold Double Eagle coins were ordered to be melted by the U.S. Mint. By 1937 billions of gold bars were made out of these unique coins.

A few coins have escaped from being melted down. In1933 two of them were given by the Mint to the U.S. National Numismatic Collection at the Smithsonian Institute. These two Gold Double Eagle coins were known as the only legal specimens to ever become part of a coin collection. Still by 1952, eight additional coins were discovered. These were confiscated by the Secret Service.

Today 19 of the some of most valuable 1933 Gold Double Eagle coins are owned by a Philadelphian jeweler, Israel Switt.