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Old Coin Information

Collecting old coins can be a sound investment, as well as an excellent hobby. To get started collecting coins, you need to have some basic knowledge about coins.
  1. Composition

    • Old coins were made out of precious metals, usually gold, silver or bronze. The coin&'s color can often give you an idea what metal it is made from.

    Country

    • The country that the old coin was minted in is usually written somewhere on one of the faces of the coin. This information helps you to identify the coin.

    Date

    • Most coins have a date on the front of the coin. This is extremely important in the overall value of the coin as one date may be worth significantly more than another.

    Denomination

    • Coins generally have their denomination written on one of their faces as well. Words like "one quarter dollar," or "half pence" will tell you the denomination of the coin.

    Condition

    • When finding the values of old coins, the condition of the coin is extremely important. Learning how to grade coins is a time-consuming process, but coin price guides and coin dealers can help you grade coins when you first get started.


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