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Start Your Own Coin Collection
It is never too early or too late to have a hobby. Some people are hobbyists for fun while others see a bigger picture; and that is to make money. Some objects that may seem inexpensive now may become valuable or priceless later.
The Infamous Dime Weevil
You probably have never heard of a dime weevil before. There is a reason for this, but we will get to that shortly. The nature of this “bug” dealt with dimes. In May 1912, newspapers reported that a woman had been ejected from a St. Paul streetcar for putting a “slick” dime in the fare box. She late
Mr. Glad And His Nickels
His real name was Alfred Richmond Rodway. But in his time, everyone knew him simply as “Mr. Glad.” Silver-haired and always wearing gloves, “Mr. Glad” handed out coffee, sandwiches, and nickels in New York City during the Great Depression.
Machine Doubling Damage Explained
There are many forms of doubling on coins, at least 28 types are known to date. The one we will concentrate on in this article is known as Machine Doubling Damage. In fact most types of machine damage indeed consist of this type of doubling.
Using A Folder To Keep Coins Safe
The price of an antique item goes up if it is kept in good condition. By having it stored in a safe place, one can be sure that it will not be damaged by the elements or by negligence that will reduce its value in the market.
Some Things That Are Confused With Coins
Many items are frequently confused with coins. There is one that is perhaps the most frequently mistaken for a foreign coin, and that are apothecary weights used by druggists on a balance beam or scale.
An Educational Hobby
There are many reasons why one collects coins. There are collectors who collect on the basis of the coin’s future perceived value, some collect coins coming from just one particular period, some on metal type and some for a coins historical value.
Not All Slabbed Coins Are Equal
Over the last 30 years 3rd party coin certification has had a very tremendously positive effect on coin grading. However, there are a few pitfalls to slabbed coins. One of these pitfalls is the wide-spread proliferation of sub-standard, copycat coin grading services.
What Is Legal Tender?
Coins Made Into Jewelry
Some coin collectors have come upon coins that have an indented line around the obverse side just in from the rim of the coin, and they wonder if the coin came like this from the mint.
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