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Collecting Coins

By Sam Von Beehum

Commemorative coins have been around for thousands of years. Ancient Rome was among the first states to celebrate important events in their history by issuing gold and silver coins. Special coins are usually issued either to remember events or to help pay for monuments and celebrations that commemorate important individuals, spots, or facts. A commission request emitting of such coins to publicize a certain event.

A lot of modern nations have emitted such coins that are highly sought-after by hobbyists. But there is one nation that has been most successful in attracting attention to its commemorative coins – the USA. Commemorative coins in our country were issued to recognize fundamental past events and renown persons from American historical past. That fact alone gives commemorative coins an attractiveness not olny to people interested in collecting coins.. The diversity of themes of American coins has been indeed unmatched ever since World’s Columbian Exposition in 1982.

People that collect commemoratives are often geared a lot more toward the historical side of coin collecting. It is the historical features of the commemoratives that create interest among many people who would otherwise have little interest in coins.

Actually first commemorative coins appeared due to high patriotic feelings among people of different nations. These coins were frequently devised to establish a public notion of nationhood, and also to honor the ruling monarch and his dynasty.

There are 2 kinds of commemorative coins. Just like there are non-circulating gold coins, increasing numbers of circulating base metal commemorative coins have been issued in recent decades.

The second half of the 20th century has seen a rapid growth in the number of commemorative coins. Coins were surprisingly variable and unlike each other. Nowadays, non-circulating coins are produced in all imaginable colours and shapes. They are issued with enamel finish, with holograms, with stone inlay, coins made of glass, in the form of jig-saw puzzles, with a countdown ticker built in, and numerous other unusual features.

Sometimes base metal commemorative coins end up becoming regular coins, as in the case of the US Lincoln Cent. The coin was meant to circulate one for a year and them become non-circulating but people liked it so much that it stayed.

Numismatists agree that it is a beneficial investment. Bringing profit is another major reason why non-circulating coins are issued by state and hunted for by collectors. Preciousness of a coin is determined by a set of factors like mintage, material and demand on the market. Collectible coins, however, remain very attractive to people who are fascintaed with the history of their country and will always be in demand.

When looking for Silver Commemorative Coins please make sure you are purchasing from a reputable dealer that actually knows coins and has a history in the business. The best place to buy Silver Coins is www.currencyvault.com. We have over 30 years experience. Visit us today!

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Article Citation
MLA Style Citation:
Beehum, Sam V. "Collecting Coins." Collecting Coins. 4 Jul. 2010. uberarticles.com. 8 Nov 2014 <http://uberarticles.com/finance/investing/collecting-coins/>.

APA Style Citation:
Beehum, S (2010, July 4). Collecting Coins. Retrieved November 8, 2014, from http://uberarticles.com/finance/investing/collecting-coins/

Chicago Style Citation:
Beehum, Sam V. "Collecting Coins" uberarticles.com. http://uberarticles.com/finance/investing/collecting-coins/


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