Dave’s collectible coins is no different to most other marketplaces – it’s all about supply and demand. If there’s lots of one particular coin available, then chances are it’s not going to be worth much. But if there are only a few good specimens of that type, then its value will be high.

Which is why you great strange anomalies in coin collecting, such as 2,000-year-old Roman coin that’s worth under $100, whereas a 1943 copper penny is worth over $200,000. Many thousands of the Roman coins were minted and have since been found, but there were only 40 copper pennies made in 1943, thanks to the war.

It can happen, too, that different Dave’s collectible coins may have similar numbers in circulation, but one will be worth a lot more than the other. That’s because some coins have more appeal for collectors, which drives up their value. Some coins are popular simply because they’re really well designed and nice to look at, others because they form part of a popular set, and others simply because they have some historical significance.

(more…)

Tags: Dave’s collectible coins

Coin collecting or Collectible coins  is one of the world’s oldest hobbies and was practiced only by kings and wealthy people. Nowadays anybody can collect coins with relative ease. There are many reasons why coin collecting is a fulfilling and valuable hobby.

The History

Coins date all the way back to 650 B.C., discovered in an area called Lydia, which is now Turkey. These coins were made of a mixture of gold and silver that is called electrum. Later, it was also mixed with copper to make it more durable. Most coins even back then were circular, and some had holes in them.

The holes made coins easy to carry on a string along your neck. Coin collecting in America is particularly popular. The Mint was opened in Philadelphia in 1793, and was first suggested by Benjamin Franklin. There have been many collectible coins since then, the most recent being the set of 50 state quarters. 5 state quarters were released per year for 10 years starting in 1999.

(more…)

Tags: Dave’s collectible coins