American Eagle Gold Bullion Coin |
"While hoarding coins due to their value goes back to the beginning of coinage, coin collecting as pieces of art was a later development. Known as the "Hobby of Kings", modern coin collecting is generally believed to have begun in the fourteenth century with Petrarch. Notes of Roman emperors having coin collections are also known, but it remains somewhat unclear whether these coins were studied, considered curiosities or possibly were merely hoarded. |
In coin collecting the condition of a coin is paramount to its value; a high-quality example is often worth many times as much as a poor example--although there are always exceptions to this general rule. Collectors have created systems to describe the overall condition of coins. One older system describes a coin as falling within a range from "poor" to "uncirculated". The newer Sheldon system, used primarily in the US, has been adopted by the American Numismatic Association. It uses a 1-70 numbering scale, where 70 represents a perfect specimen and 1 represents a coin barely identifiable as to its type.A common reason given for purchasing coins is as an investment. Coin prices can be cyclical, and prices may drop for coins that are not in great long-term demand. In addition to demand, condition and rarity (which can be estimated via mintage figures) are also determinants in pricing. Age of a coin per se is not a significant factor."
Information found at: Wikipedia
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Dear Coin Collecting Fans,I am writing to you in behalf of your Heavenly Father. He is seeking you like a lost sheep. You remember the Bible story? It is about a shepherd who has 100 sheep. But when he brings the sheep home one night, one is missing. He then leaves the 99 sheep and goes out into the wilderness until he finds that lost sheep.
In this parable the shepherd goes out to search for the one lost sheep-the very least that can be numbered. So if there had been but one lost soul, Christ would have died for that one. To read more click Lost Sheep
Susan Dietel
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