Tips For Making Money Coin Collecting
There are many types of coin collectors, but a lot of people enjoy making money from their coin purchases. There is money to be made from your coin collection, but there is a lot of stuff you need to know before you start buying rare coins. I hope that these tips for making money coin collecting help novice and experienced coin collectors.
With the price of gold at historic highs, collecting valuable coins can be expensive and risky. If you collect gold or silver coins, part of the price of the coins will be the value of the precious metal itself. The second and third factors are the supply and demand for the coin. How rare is the coin? How many coin buyers want to buy the coin?
But, because the price of gold is so high, this adds risk to buy coins. If the price of gold drops, your gold coins will drop in value too.
While this list is not meant to be a complete guide to investing in coins, I think that these tips are essential to know before you start buying and selling coins.
1. Everyone is overgrading coins these days. There is a trend within the industry to grade coins very high. There are more MS 69 and MS 70 slabbed coins than I can remember. If coin graders become more picky, your MS 70 coins may drop in value quickly.
2. The coin market right now is getting infiltrated with counterfeit coins. Chinese coin producers are selling fake US coins into the US coin market. You have to be careful that you don’t purchase fake US coins.
3. You have to be able to determine that coins you are thinking about buying are not dipped or artificially toned. If a coin looks too good to be true, it probably is.
4. When investing in coins, you will be buying and holding coins for some time as wait for them appreciate in value or wait to find a buyer. Given this you need to make sure that you store your coins in a way to ensure that the quality of the coins does not deteriorate over time.
These are just a few tips for making money coin collecting. I hope that they help you to make money buying and selling coins.
Tags: Investing In Coins
eShop: Investing In Coins
1903 S Morgan US Silver dollar RARE KEY DATE Liberty
| US $149.00 (0 Bid) End Date: Monday Mar-15-2010 7:47:46 PDT Bid now | Add to watch list |
Rare Key date 1866 Indian cent GEM BU RED!
| US $158.05 (10 Bids) End Date: Monday Mar-15-2010 8:05:00 PDT Bid now | Add to watch list |
AUSTRALIA 1938 1 Crown Silver VF-XF Key Date
| US $122.01 (24 Bids) End Date: Monday Mar-15-2010 8:16:02 PDT Bid now | Add to watch list |
1943 Peru, One Half Soldeoro, Extra Fine, Key Date
| US $9.99 End Date: Monday Mar-15-2010 8:23:41 PDT Buy It Now for only: US $9.99 Buy it now | Add to watch list |
1884 S Morgan Dollar AU KEY DATE SILVER US $1 Nice COIN
| US $650.00 End Date: Monday Mar-15-2010 8:34:39 PDT Buy It Now for only: US $650.00 Buy it now | Add to watch list |
1864 INDIAN HEAD CENT KEY DATE GOOD DETAILS
| US $2.75 (2 Bids) End Date: Monday Mar-15-2010 9:19:22 PDT Bid now | Add to watch list |
1863 INDIAN HEAD CENT KEY DATE
| US $0.99 (0 Bid) End Date: Monday Mar-15-2010 9:21:10 PDT Bid now | Add to watch list |
1913 BARBER HALF DOLLAR-KEY DATE
| US $68.00 (1 Bid) End Date: Monday Mar-15-2010 9:22:09 PDT Bid now | Add to watch list |
INDIAN HEAD 1866 VERY RARE COIN KEY DATE 100%GUARANTEE
| US $8.99 (0 Bid) End Date: Monday Mar-15-2010 9:27:25 PDT Bid now | Add to watch list |
KEY DATE 1932D US MINT WASHINGTON 25 CENT QUARTER COIN
| US $149.99 End Date: Monday Mar-15-2010 9:29:48 PDT Buy It Now for only: US $149.99 Buy it now | Add to watch list |
GEM 1928 P PEACE DOLLAR KEY DATE SUPERB
| US $595.00 (0 Bid) End Date: Monday Mar-15-2010 9:43:51 PDT Buy It Now for only: US $665.00 Bid now | Buy it now | Add to watch list |
1909 V.D.B. Lincoln Wheat Cent Semi Key Date Coin #A14
| US $0.99 (1 Bid) End Date: Monday Mar-15-2010 10:03:51 PDT Bid now | Add to watch list |
KEY DATE 1921 FIRST YEAT OF ISSUE PEACE AU DETAIL
| US $115.00 (0 Bid) End Date: Monday Mar-15-2010 10:10:49 PDT Buy It Now for only: US $130.00 Bid now | Buy it now | Add to watch list |
KEY DATE 1921 US MINT PEACE SILVER $1 ONE DOLLAR COIN
| US $129.99 End Date: Monday Mar-15-2010 10:11:48 PDT Buy It Now for only: US $129.99 Buy it now | Add to watch list |
1872 INDIAN HEAD CENT READABLE LIBERTY KEY DATE
| US $225.00 (0 Bid) End Date: Monday Mar-15-2010 10:12:33 PDT Buy It Now for only: US $250.00 Bid now | Buy it now | Add to watch list |
***1986 EAGLE MS-69 NICE COIN ***KEY DATE
| US $39.99 (0 Bid) End Date: Monday Mar-15-2010 10:22:50 PDT Buy It Now for only: US $65.00 Bid now | Buy it now | Add to watch list |
1914-D Buffalo Nickel VF+ KEY DATE
| US $38.50 (14 Bids) End Date: Monday Mar-15-2010 10:24:58 PDT Bid now | Add to watch list |
KEY DATE 1908 S INDIAN HEAD CENT XF FREE S&H X11
| US $159.99 (0 Bid) End Date: Monday Mar-15-2010 10:34:43 PDT Bid now | Add to watch list |
Best UNC Key Date 1996 American Silver Eagle 1ozSilver
| US $31.00 (4 Bids) End Date: Monday Mar-15-2010 11:12:56 PDT Bid now | Add to watch list |
1859 INDIAN HEAD CENT KEY DATE
| US $0.99 (0 Bid) End Date: Monday Mar-15-2010 11:19:54 PDT Bid now | Add to watch list |
1882-O MORGAN SILVER DOLLAR UNCIRCULATED (KEY DATE)
| US $49.00 (0 Bid) End Date: Monday Mar-15-2010 11:22:51 PDT Bid now | Add to watch list |
1870 indian head cent ( KEY DATE )
| US $32.73 (9 Bids) End Date: Monday Mar-15-2010 11:31:14 PDT Bid now | Add to watch list |
1888 INDIAN HEAD CENT SEMI- KEY DATE
| US $0.99 (1 Bid) End Date: Monday Mar-15-2010 11:33:09 PDT Bid now | Add to watch list |
1914- $2.50 GOLD INDIAN. IN GREAT CONDITION. KEY DATE!!
| US $329.99 End Date: Monday Mar-15-2010 11:43:15 PDT Buy It Now for only: US $329.99 Buy it now | Add to watch list |
Wow!!! 1903s MORGAN SILVER DOLLAR Key Date
| US $99.99 End Date: Monday Mar-15-2010 11:43:19 PDT Buy It Now for only: US $99.99 Buy it now | Add to watch list |
Mexico Zacatecas 100 Peso 2003 Key Date Choice BU
| US $8.74 (5 Bids) End Date: Monday Mar-15-2010 11:44:55 PDT Bid now | Add to watch list |
1916-S WALKING LIBERTY HALVE * key date * VG
| US $114.99 End Date: Monday Mar-15-2010 11:47:17 PDT Buy It Now for only: US $114.99 Buy it now | Add to watch list |
1911- $2.50 GOLD INDIAN. IN GREAT CONDITION. KEY DATE!!
| US $329.99 End Date: Monday Mar-15-2010 11:50:25 PDT Buy It Now for only: US $329.99 Buy it now | Add to watch list |
PALESTINE 100 MILS 1931 KEY DATE FINE + SILVER
| US $59.99 (1 Bid) End Date: Monday Mar-15-2010 11:53:43 PDT Bid now | Add to watch list |
1949 S FRANKLIN 50C, A TONED ALMOST UNC., KEY DATE!
| US $19.99 (0 Bid) End Date: Monday Mar-15-2010 11:57:08 PDT Bid now | Add to watch list |
1938-D WALKING LIBERTY HALF DOLLAR.KEY DATE.
| US $37.00 (3 Bids) End Date: Monday Mar-15-2010 11:58:36 PDT Bid now | Add to watch list |
1915 KEY DATE Canadian DIME
| US $22.00 (0 Bid) End Date: Monday Mar-15-2010 12:01:26 PDT Bid now | Add to watch list |
1911- $2.50 GOLD INDIAN. IN GREAT CONDITION. KEY DATE!!
| US $329.99 End Date: Monday Mar-15-2010 12:07:35 PDT Buy It Now for only: US $329.99 Buy it now | Add to watch list |
1893 S Morgan dollar (Key Date)
| US $3,025.00 (21 Bids) End Date: Monday Mar-15-2010 12:10:31 PDT Bid now | Add to watch list |
1915 Canadian KEY DATE DIME au 58
| US $250.00 (0 Bid) End Date: Monday Mar-15-2010 12:11:38 PDT Bid now | Add to watch list |
1921 WALKING LIBERTY SILVER HALF DOLLAR KEY DATE
| US $83.50 (7 Bids) End Date: Monday Mar-15-2010 12:14:24 PDT Bid now | Add to watch list |
1913-D Type 2 Buffalo Nickel-Key-Restored Date
| US $4.99 (0 Bid) End Date: Monday Mar-15-2010 12:16:00 PDT Bid now | Add to watch list |
1932-D WASHINGTON QUARTER * the key date of the set *
| US $158.99 End Date: Monday Mar-15-2010 12:20:45 PDT Buy It Now for only: US $158.99 Buy it now | Add to watch list |
1949-D silver dime (key date)
| US $0.99 (0 Bid) End Date: Monday Mar-15-2010 12:25:28 PDT Bid now | Add to watch list |
1864 indian cent key date U-grade
| US $0.99 (1 Bid) End Date: Monday Mar-15-2010 12:27:54 PDT Bid now | Add to watch list |
1930 KEY DATE 1 CENT CANADIAN PENNY
| US $1.75 (6 Bids) End Date: Monday Mar-15-2010 12:29:54 PDT Bid now | Add to watch list |
1915 Canadian key date DIME ms 63
| US $888.00 (0 Bid) End Date: Monday Mar-15-2010 12:34:15 PDT Bid now | Add to watch list |
1865 indian cent key date U-grade
| US $0.99 (1 Bid) End Date: Monday Mar-15-2010 12:34:24 PDT Bid now | Add to watch list |
1867 indian cent key date U-grade
| US $2.25 (2 Bids) End Date: Monday Mar-15-2010 12:37:43 PDT Bid now | Add to watch list |
1932 Florin,Two Shillings,Rare,Key date,
| US $11.19 (2 Bids) End Date: Monday Mar-15-2010 12:39:21 PDT Bid now | Add to watch list |
1868 indian cent key date U-grade
| US $2.25 (2 Bids) End Date: Monday Mar-15-2010 12:41:28 PDT Bid now | Add to watch list |
1898 INDIAN HEAD CENT SEMI-KEY DATE GOOD DETAILS
| US $0.99 (1 Bid) End Date: Monday Mar-15-2010 12:44:49 PDT Bid now | Add to watch list |
1870 indian cent key date U-grade
| US $7.51 (4 Bids) End Date: Monday Mar-15-2010 12:45:59 PDT Bid now | Add to watch list |
1872 indian cent key date U-grade
| US $22.50 (8 Bids) End Date: Monday Mar-15-2010 12:50:38 PDT Bid now | Add to watch list |
1874 indian cent key date U-grade
| US $4.25 (3 Bids) End Date: Monday Mar-15-2010 12:57:28 PDT Bid now | Add to watch list |
1875 indian cent key date U-grade
| US $1.27 (2 Bids) End Date: Monday Mar-15-2010 13:05:37 PDT Bid now | Add to watch list |
1880-O MS-63 ANACS Morgan Dollar "Semi Key Date" UNC-BU
| US $369.00 End Date: Monday Mar-15-2010 13:08:04 PDT Buy It Now for only: US $369.00 Buy it now | Add to watch list |
FRANCE 1868 A 50 CENTIMES VF KEY DATE VERY SCARCE
| US $13.34 (4 Bids) End Date: Monday Mar-15-2010 13:08:05 PDT Bid now | Add to watch list |
FRANCE 1870 UN CENTIME VG KEY DATE DENT OBSERVE
| US $8.50 (5 Bids) End Date: Monday Mar-15-2010 13:12:56 PDT Bid now | Add to watch list |
1879 indian cent key date U-grade
| US $0.99 (1 Bid) End Date: Monday Mar-15-2010 13:13:07 PDT Bid now | Add to watch list |
1903 S Barber Dime Good Condition Key Date
| US $44.43 (5 Bids) End Date: Monday Mar-15-2010 13:20:37 PDT Bid now | Add to watch list |
LOT OF SEMI KEY DATE WHEAT PENNIES
| US $0.99 (0 Bid) End Date: Monday Mar-15-2010 13:38:39 PDT Bid now | Add to watch list |
SILVER 1904 (h) VBP 25 ORE_DENMARK_1st Yr._KEY DATE
| US $2.13 (4 Bids) End Date: Monday Mar-15-2010 13:40:53 PDT Bid now | Add to watch list |
1864 Two Cent ** Key Date First Year Issue **
| US $9.99 (0 Bid) End Date: Monday Mar-15-2010 14:25:37 PDT Bid now | Add to watch list |
1970 Gem Brilliant Uncirclated Canada 5 Cents-KEY DATE
| US $0.99 (0 Bid) End Date: Monday Mar-15-2010 14:27:56 PDT Bid now | Add to watch list |
1930 CANADA ONE CENT PENNY GREAT SHAPE_RARE KEY DATE!!!
| US $1.99 (0 Bid) End Date: Monday Mar-15-2010 14:29:03 PDT Bid now | Add to watch list |
1904-S Barber Dime AU Detail Key Date
| US $299.00 (0 Bid) End Date: Monday Mar-15-2010 14:41:52 PDT Bid now | Add to watch list |
1903-S Barber Dime Nice AU Key Date
| US $650.00 (0 Bid) End Date: Monday Mar-15-2010 14:42:13 PDT Bid now | Add to watch list |
1902 O MORGAN SILVER DOLLAR---KEY DATE- BEAUTIFUL COIN
| US $23.15 (5 Bids) End Date: Monday Mar-15-2010 14:47:56 PDT Bid now | Add to watch list |
SEMI KEY DATE 1918-D INDIAN HEAD BUFFALO NICKLE COIN
| US $7.07 (11 Bids) End Date: Monday Mar-15-2010 15:08:31 PDT Bid now | Add to watch list |
SEMI KEY DATE 1925-D INDIAN HEAD BUFFALO NICKLE COIN
| US $2.26 (3 Bids) End Date: Monday Mar-15-2010 15:15:10 PDT Bid now | Add to watch list |
AUSTRIA key date 1967 2 Groschen in 7pc PROOF set
| US $88.00 (6 Bids) End Date: Monday Mar-15-2010 15:21:37 PDT Bid now | Add to watch list |
CANADA key date 1925 CENT superb VF-XF - LOOK!
| US $20.50 (8 Bids) End Date: Monday Mar-15-2010 15:22:32 PDT Bid now | Add to watch list |
KEY DATE 1926-S INDIAN HEAD BUFFALO NICKLE COIN
| US $11.50 (7 Bids) End Date: Monday Mar-15-2010 15:22:57 PDT Bid now | Add to watch list |
Parting Out Indian Cent Set: 1869 RARE Key Date
| US $46.00 (8 Bids) End Date: Monday Mar-15-2010 15:30:22 PDT Bid now | Add to watch list |
Parting Out Indian Cent Set: 1870 RARE Key Date
| US $15.51 (9 Bids) End Date: Monday Mar-15-2010 15:34:10 PDT Bid now | Add to watch list |
Parting Out Indian Cent Set: 1871 RARE Key Date
| US $30.55 (9 Bids) End Date: Monday Mar-15-2010 15:36:19 PDT Bid now | Add to watch list |
Parting Out Indian Cent Set: 1872 RARE Key Date
| US $23.39 (6 Bids) End Date: Monday Mar-15-2010 15:38:10 PDT Bid now | Add to watch list |
PORTUGAL, 50 CENTAVOS 1935 KEY DATE ..L@@K
| US $1.04 (2 Bids) End Date: Monday Mar-15-2010 15:40:40 PDT Bid now | Add to watch list |
09 GOLD PROOF DOLPHIN AUSTRALIA. 2500 MINTAGE KEY DATE
| US $349.00 End Date: Monday Mar-15-2010 15:50:57 PDT Buy It Now for only: US $349.00 Buy it now | Add to watch list |
1921 PEACE DOLLAR ANACS AU58--- KEY DATE--SHARP COIN
| US $159.00 (0 Bid) End Date: Monday Mar-15-2010 16:06:59 PDT Bid now | Add to watch list |
1950-D Jefferson 5¢ superb GEM BU; low-mintage KEY-DATE
| US $8.50 (5 Bids) End Date: Monday Mar-15-2010 16:19:18 PDT Bid now | Add to watch list |
1908-S INDIAN KEY DATE~CIRCULATED~READ DISC~!!
| US $55.09 (8 Bids) End Date: Monday Mar-15-2010 16:20:27 PDT Bid now | Add to watch list |
VG+ 1921 Mercury Dime Semi KEY Date FULL Rims + Date
| US $42.11 (9 Bids) End Date: Monday Mar-15-2010 16:21:48 PDT Bid now | Add to watch list |
1911 S Lincoln Cent Semi KEY Date 1911s
| US $21.01 (9 Bids) End Date: Monday Mar-15-2010 16:22:17 PDT Bid now | Add to watch list |
*** 1915 *** Canada Five 5 Cents KEY DATE ** SILVER! **
| US $280.37 End Date: Monday Mar-15-2010 16:32:07 PDT Buy It Now for only: US $280.37 Buy it now | Add to watch list |
1914 Buffalo Nickel - Key Date
| US $9.95 (0 Bid) End Date: Monday Mar-15-2010 16:32:28 PDT Bid now | Add to watch list |
1917 D Buffalo Nickel - Key Date - Nice Coin
| US $7.95 (0 Bid) End Date: Monday Mar-15-2010 16:33:30 PDT Bid now | Add to watch list |
1921-D Mercury Dime--Very Good--Key Date
| US $31.01 (13 Bids) End Date: Monday Mar-15-2010 16:34:44 PDT Bid now | Add to watch list |
Lot 7 Buffalo Nickels - Key Date Assortment
| US $3.95 (0 Bid) End Date: Monday Mar-15-2010 16:34:53 PDT Bid now | Add to watch list |
1913 P Buffalo Nickel - Variety Type 1 - Key Date
| US $3.95 (0 Bid) End Date: Monday Mar-15-2010 16:35:51 PDT Bid now | Add to watch list |
1920 S Buffalo Nickel - Key Date
| US $3.95 (0 Bid) End Date: Monday Mar-15-2010 16:37:13 PDT Bid now | Add to watch list |
1918 Buffalo Nickel - Key Date
| US $3.95 (0 Bid) End Date: Monday Mar-15-2010 16:37:45 PDT Bid now | Add to watch list |
Morgan Dollar 1878-CC BU Key Date!
| US $101.10 (2 Bids) End Date: Monday Mar-15-2010 16:38:16 PDT Bid now | Add to watch list |
1915 P Buffalo Nickel - Key Date
| US $2.95 (0 Bid) End Date: Monday Mar-15-2010 16:38:35 PDT Bid now | Add to watch list |
1913 Type 1 Variety Buffalo Nickel - Key Date
| US $5.95 (0 Bid) End Date: Monday Mar-15-2010 16:39:01 PDT Bid now | Add to watch list |
1916 Buffalo Nickel - Key Date
| US $3.95 (0 Bid) End Date: Monday Mar-15-2010 16:39:25 PDT Bid now | Add to watch list |
1916 Buffalo Nickel - Key Date
| US $3.95 (0 Bid) End Date: Monday Mar-15-2010 16:39:54 PDT Bid now | Add to watch list |
1916 Buffalo Nickel - Key Date
| US $4.95 (0 Bid) End Date: Monday Mar-15-2010 16:40:20 PDT Bid now | Add to watch list |
1955 HALF SILVER DOLLAR KEY DATE Circulated
| US $18.99 End Date: Monday Mar-15-2010 16:46:04 PDT Buy It Now for only: US $18.99 Buy it now | Add to watch list |
1949 HALF SILVER DOLLAR KEY DATE Circulated
| US $18.99 End Date: Monday Mar-15-2010 16:48:19 PDT Buy It Now for only: US $18.99 Buy it now | Add to watch list |
{{RARE}} 1884 S MORGAN SILVER DOLLAR RARE KEY DATE GEM!
| US $499.95 (1 Bid) End Date: Monday Mar-15-2010 16:49:03 PDT Bid now | Add to watch list |
1949 - D HALF SILVER DOLLAR KEY DATE Circulated
| US $18.99 End Date: Monday Mar-15-2010 16:50:35 PDT Buy It Now for only: US $18.99 Buy it now | Add to watch list |
Key Date 1876 Indian Head Penny
| US $0.99 (0 Bid) End Date: Monday Mar-15-2010 16:56:41 PDT Bid now | Add to watch list |
1926-S *Key Date Rare* Lincoln Cent
| US $6.99 (0 Bid) End Date: Monday Mar-15-2010 17:03:41 PDT Bid now | Add to watch list |
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