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What's it Worth This is a special section for people to get opinions on what your coin is worth. It's most helpful to post a photo, but also please include a very detailed description.

 
 
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Old 08-05-2006, 11:19 PM   #1 (permalink)
Junior Member
 
Join Date: Aug 2006
Location: kuala lumpur, malaysia
Posts: 7
Seven Tips To Start A Coins Collection

hi everyone,

i have tips how to start a coins collection here. hopefully you will be enjoy and gain some information from me...thank you!


SEVEN TIPS TO START A COINS COLLECTION
Identify yourself: Start your coins collection with one or two meaningful numismatics series related to your own area of interest.

Complete: Try to collect al the coins in ones series, in other words, complete a series in order to increase its potential numismatic value.

Authenticity: Coins that are issued by an issuing authority of a country, commemorating an event in that country, and endorsed by a national or an international institution, have a high degree of authenticity. Therefore, these commemorative coins make for highly numismatic collections.

Rarity and Limited Mintage: The lower the mintage the higher the chances that the coin value will increase. It is likely that demand is higher than supply, as a result of which the coin series becomes rare and hence, more valuable.

Policy and Image: The more conservative, strict and stringent the issuing policy of the issuing authority the higher the potential value of coin.

Age and Condition: The older, and hence rarer the coin that is also in good condition, will always have a higher collectible value and price.

Patience: Collecting coins is similar to investing in other kinds of collectible items. It requires great patience. Some coins are immediately appreciable, while some others will appreciate after many years.

zuhairy
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