For proper coin care you will want to know how to handle coins so you do not devalue your new investment. The very first thing you should know about how to handle coins is never to touch the flat surfaces of the coins. If your coins have come to you in a protective sleeve, never remove them from the holder unless it is necessary. Many coins have grades stamped on the protective sleeves and shouldn’t be removed or the grading will have to be re-certified.
How can the collector think more like an investor? Learn not to make buying decisions based entirely on emotions. The coin market like other markets has its tops and bottoms. Tops and bottoms are often difficult to tell in the coin market, unless you’ve been watching it for several years. I think now is a good time to be buying though.
It’s a good idea to get a tumbler to clean your coins and relics. Don’t tumble copper pennies with nickels, dimes and quarters. It turns the nickels, dimes and quarters to a copper tint.
Under the law, gold that comes from the United States contain silver and copper alloy. Each denomination contains 91.67% gold, 3% silver, and 5.33% copper. This particular alloy makes the coin very resilient and durable.
The frontage of the coin is a version of the Irish-born American sculptor Augustus Saint-Gaudens’ to the Lady Liberty. The Lady Liberty is a monumental image as she symbolizes freedom and escape from tyranny. Augustus Saint-Gaudens’ rendition of the Lady Liberty features her with flowing hair, holding an olive branch in her left hand and a torch in her right. The background of the image is the Capitol building. It is located at the left side of the image. The back of the coin features a male eagle carrying an olive branch. The great sculptor Miley Busiek created the design. The male eagle is soaring above the nest, which holds a female eagle and her fledgling.
Roman coins are the most inexpensive of all Ancient coins. Other ancient coins include for example Greek, Barbaric, Celtic, Parthian, Nabathaean, Islamic, Indian and Chinese. This can come as a surprise to many considering how ancient these coins are. Yet they can be even cheaper then some of the modern day coins that coin collectors collect. There are two main reasons for this. Firstly as already stated the Roman empire was large and so there were a lot of coins minted. Many Roman coins are therefore not as rare as many believe. Another reason is that there are few collectors of ancient coins then modern challenge coins custom. This makes the demand for them lower.
The Romans needed coinage in huge amounts to cover their needs. To make matters worse, at times inflation was running at 1000 percent. A Roman soldier’s pay (his ‘stipendium’) was probably a few denarii a day at the start of the Empire; towards the end the soldier would have been paid several hundred. The smaller denomination coins did not have much spending power.
Which are better bargains, graded coins or raw? I suppose in the end, it depends on the circumstances, the amount of money at risk, the buyer’s ability to accurately judge the merits of the rare American coin in question, and even the seller’s experience in knowing what they’re selling.