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
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1965 PCGS SP 64 RD CAMEO Memorial Penny KEY DATE RARE!
 | US $155.00 (0 Bid) End Date: Wednesday Mar-10-2010 15:56:18 PST Buy It Now for only: US $255.00 Bid now | Buy it now | Add to watch list |
1862-S Key date Quarter Eagle Gold Rush
 | US $299.00 (0 Bid) End Date: Wednesday Mar-10-2010 15:57:47 PST Buy It Now for only: US $350.00 Bid now | Buy it now | Add to watch list |
1901 P Morgan Dollar KEY DATE US$1 Nice SILVER COIN#500
 | US $75.00 End Date: Wednesday Mar-10-2010 15:59:27 PST Buy It Now for only: US $75.00 Buy it now | Add to watch list |
1889 CC Morgan Dollar 1889CC KEY DATE SILVER RARE COIN
 | US $236.16 (17 Bids) End Date: Wednesday Mar-10-2010 16:00:43 PST Bid now | Add to watch list |
1903 P Morgan Dollar UNCIRCULATED KEY DATE SILVER COIN
 | US $75.00 End Date: Wednesday Mar-10-2010 16:02:31 PST Buy It Now for only: US $75.00 Buy it now | Add to watch list |
1893 O Morgan Dollar RARE US$1 KEY DATE SILVER COIN U.S
 | US $90.05 (7 Bids) End Date: Wednesday Mar-10-2010 16:04:40 PST Bid now | Add to watch list |
1891 S Morgan Dollar RARE KEY DATE SILVER US COIN#6082
 | US $75.00 End Date: Wednesday Mar-10-2010 16:05:44 PST Buy It Now for only: US $75.00 Buy it now | Add to watch list |
1967 PCGS SP 66 RED CAMEO SMS Lincoln RARE! KEY DATE!
 | US $109.50 (7 Bids) End Date: Wednesday Mar-10-2010 16:06:38 PST Bid now | Add to watch list |
1893 P Morgan Dollar RARE US$1 KEY DATE SILVER COIN U.S
 | US $84.00 (11 Bids) End Date: Wednesday Mar-10-2010 16:06:53 PST Bid now | Add to watch list |
1903 P Morgan Dollar UNCIRCULATED KEY DATE SILVER COIN
 | US $75.00 End Date: Wednesday Mar-10-2010 16:07:14 PST Buy It Now for only: US $75.00 Buy it now | Add to watch list |
1893 P Morgan Dollar RARE US$1 KEY DATE SILVER COIN U.S
 | US $51.00 (7 Bids) End Date: Wednesday Mar-10-2010 16:08:15 PST Bid now | Add to watch list |
1901 P AU Morgan Dollar KEY DATE SILVER COIN VERY RARE
 | US $38.60 (6 Bids) End Date: Wednesday Mar-10-2010 16:09:53 PST Bid now | Add to watch list |
PORTUGAL, X CENTAVOS 1948 KEY DATE ..L@@K
 | US $3.35 (3 Bids) End Date: Wednesday Mar-10-2010 16:10:23 PST Bid now | Add to watch list |
1921-S Buffalo Nickel "VERY FINE++" Key Date! Scarce NR
 | US $122.49 (10 Bids) End Date: Wednesday Mar-10-2010 16:11:43 PST Bid now | Add to watch list |
1891 CC Morgan Dollar Carson City KEY DATE SILVER COIN
 | US $100.00 End Date: Wednesday Mar-10-2010 16:13:19 PST Buy It Now for only: US $100.00 Buy it now | Add to watch list |
1882 CC Morgan Dollar CARSON CITY KEY DATE SILVER COIN
 | US $100.00 End Date: Wednesday Mar-10-2010 16:14:48 PST Buy It Now for only: US $100.00 Buy it now | Add to watch list |
1952-P SILVER KEY DATE FRANKLIN HALF DOLLAR Gem BU USA
 | US $16.50 End Date: Wednesday Mar-10-2010 16:15:52 PST Buy It Now for only: US $16.50 Buy it now | Add to watch list |
1883 CC Morgan Dollar CARSON CITY KEY DATE SILVER COIN
 | US $100.00 End Date: Wednesday Mar-10-2010 16:20:08 PST Buy It Now for only: US $100.00 Buy it now | Add to watch list |
1891 P UNC Morgan Dollar RARE KEY DATE SILVER NICE COIN
 | US $100.00 End Date: Wednesday Mar-10-2010 16:21:17 PST Buy It Now for only: US $100.00 Buy it now | Add to watch list |
1878 CC Morgan Dollar CARSON CITY KEY DATE SILVER COIN
 | US $105.00 End Date: Wednesday Mar-10-2010 16:22:16 PST Buy It Now for only: US $105.00 Buy it now | Add to watch list |
1890 O Morgan Dollar UNCIRCULATED KEY DATE SILVER COIN
 | US $115.00 End Date: Wednesday Mar-10-2010 16:23:28 PST Buy It Now for only: US $115.00 Buy it now | Add to watch list |
1903 S Morgan Dollar KEY DATE SILVER COIN VERY RARE US
 | US $120.00 End Date: Wednesday Mar-10-2010 16:24:23 PST Buy It Now for only: US $120.00 Buy it now | Add to watch list |
elf New Zealand 3 Pence 1950 Key Date George VI
 | US $49.95 (0 Bid) End Date: Wednesday Mar-10-2010 16:26:43 PST Bid now | Add to watch list |
1885 S AU/BU Morgan Dollar KEY DATE$1 1885S SILVER COIN
 | US $29.87 (8 Bids) End Date: Wednesday Mar-10-2010 16:27:50 PST Bid now | Add to watch list |
1892 S Morgan Dollar RARE KEY DATE SILVER NICE COIN#668
 | US $140.00 End Date: Wednesday Mar-10-2010 16:30:34 PST Buy It Now for only: US $140.00 Buy it now | Add to watch list |
1904 S Morgan Dollar KEY DATE SILVER COIN 1 DAY AUCTION
 | US $48.00 (0 Bid) End Date: Wednesday Mar-10-2010 16:31:49 PST Bid now | Add to watch list |
1899 P Morgan Dollar KEY DATE $1 SILVER COIN HIGH GRADE
 | US $300.00 End Date: Wednesday Mar-10-2010 16:33:17 PST Buy It Now for only: US $300.00 Buy it now | Add to watch list |
US Coins NICE 1867 KEY DATE Indian Head Cent #Q401
 | US $34.95 (0 Bid) End Date: Wednesday Mar-10-2010 16:35:03 PST Bid now | Add to watch list |
1889 O Morgan Dollar UNCIRCULATED KEY DATE SILVER COIN
 | US $200.00 End Date: Wednesday Mar-10-2010 16:35:34 PST Buy It Now for only: US $200.00 Buy it now | Add to watch list |
1896 S Morgan Dollar KEY DATE SILVER COIN 1 DAY AUCTION
 | US $48.00 (0 Bid) End Date: Wednesday Mar-10-2010 16:38:02 PST Bid now | Add to watch list |
1900 S Morgan AU/BU Dollar KEY DATE$1 SILVER COIN SHARP
 | US $325.00 End Date: Wednesday Mar-10-2010 16:38:49 PST Buy It Now for only: US $325.00 Buy it now | Add to watch list |
1895 O Morgan Dollar RARE US$1 KEY DATE SILVER COIN#628
 | US $480.00 End Date: Wednesday Mar-10-2010 16:40:09 PST Buy It Now for only: US $480.00 Buy it now | Add to watch list |
1883 S Morgan Dollar AU KEY DATE SILVER US $1 Nice COIN
 | US $275.00 End Date: Wednesday Mar-10-2010 16:45:12 PST Buy It Now for only: US $275.00 Buy it now | Add to watch list |
1921 MERCURY DIME_RARE KEY DATE!_(XF-AU)
 | US $325.00 End Date: Wednesday Mar-10-2010 16:46:18 PST Buy It Now for only: US $325.00 Buy it now | Add to watch list |
1896 S Morgan Dollar RARE US$1 KEY DATE SILVER COIN#614
 | US $235.00 End Date: Wednesday Mar-10-2010 16:46:19 PST Buy It Now for only: US $235.00 Buy it now | Add to watch list |
* 1892s MORGAN SILVER DOLLAR Super Key Date High Grade
 | US $799.99 End Date: Wednesday Mar-10-2010 16:47:34 PST Buy It Now for only: US $799.99 Buy it now | Add to watch list |
RARE 1928 NORWAY 5 ORE KEY DATE ONLY 848,000 KM368
 | US $26.50 End Date: Wednesday Mar-10-2010 16:48:35 PST Buy It Now for only: US $26.50 Buy it now | Add to watch list |
KEY DATE 1921 MERCURY DIME!
 | US $25.29 (21 Bids) End Date: Wednesday Mar-10-2010 16:53:14 PST Bid now | Add to watch list |
SEMI KEY DATE 1939 S WALKING LIBERTY HALF !! MUST SEE
 | US $0.99 (1 Bid) End Date: Wednesday Mar-10-2010 16:54:05 PST Bid now | Add to watch list |
KEY DATE 1921-D MERCURY DIME!
 | US $20.02 (5 Bids) End Date: Wednesday Mar-10-2010 16:57:19 PST Bid now | Add to watch list |
FROSTY WHITE MS+ 1880 O SEMI KEY DATE MORGAN !!
 | US $79.95 (0 Bid) End Date: Wednesday Mar-10-2010 16:58:01 PST Bid now | Add to watch list |
1910-S LINCOLN WHEAT CENT - SEMI KEY DATE
 | US $9.50 (7 Bids) End Date: Wednesday Mar-10-2010 17:00:07 PST Bid now | Add to watch list |
1858 FLYING EAGLE PENNY CENT US KEY DATE 1 DAY AUCTION
 | US $6.00 (3 Bids) End Date: Wednesday Mar-10-2010 17:01:16 PST Bid now | Add to watch list |
1924-D Lincoln Cent - key date - u grade
 | US $20.47 (2 Bids) End Date: Wednesday Mar-10-2010 17:05:31 PST Bid now | Add to watch list |
1882-CC CARSON CITY MORGAN DOLLAR FINE+ KEY DATE
 | US $91.01 (3 Bids) End Date: Wednesday Mar-10-2010 17:13:56 PST Bid now | Add to watch list |
NICE KEY DATE 1904 SILVER 10 CENTS!!
 | US $9.99 (1 Bid) End Date: Wednesday Mar-10-2010 17:16:25 PST Bid now | Add to watch list |
1879-CC CARSON CITY MORGAN DOLLAR VG KEY DATE
 | US $102.50 (4 Bids) End Date: Wednesday Mar-10-2010 17:16:53 PST Bid now | Add to watch list |
U.S. 1927-D Peace Silver Dollar Key Date (DL024)
 | US $32.00 (0 Bid) End Date: Wednesday Mar-10-2010 17:17:46 PST Bid now | Add to watch list |
1953-S FRANKLIN HALF DOLLAR-SILVER-KEY DATE MS++GEM
 | US $40.00 (8 Bids) End Date: Wednesday Mar-10-2010 17:18:13 PST Bid now | Add to watch list |
1932-S Washington Quarter "FINE" Key Date! No Reserve!
 | US $45.88 (6 Bids) End Date: Wednesday Mar-10-2010 17:18:39 PST Bid now | Add to watch list |
1893-CC CARSON CITY MORGAN DOLLAR VG KEY DATE
 | US $132.50 (7 Bids) End Date: Wednesday Mar-10-2010 17:19:16 PST Bid now | Add to watch list |
1921-D Mercury Dime "VERY GOOD" Key Date! No Reserve!
 | US $50.00 (18 Bids) End Date: Wednesday Mar-10-2010 17:19:35 PST Bid now | Add to watch list |
Canada 1922 VF RARE "Key Date" Small Cent
 | US $12.50 (7 Bids) End Date: Wednesday Mar-10-2010 17:20:33 PST Bid now | Add to watch list |
1938-D WALKING LIBERTY SILVER HALF.. nice KEY DATE
 | US $124.95 End Date: Wednesday Mar-10-2010 17:20:57 PST Buy It Now for only: US $124.95 Buy it now | Add to watch list |
1888-S MORGAN DOLLAR GOOD KEY DATE
 | US $57.88 (5 Bids) End Date: Wednesday Mar-10-2010 17:21:26 PST Bid now | Add to watch list |
1881 CC Morgan Silver Dollar Very Good **KEY DATE**
 | US $306.00 (0 Bid) End Date: Wednesday Mar-10-2010 17:21:51 PST Buy It Now for only: US $339.99 Bid now | Buy it now | Add to watch list |
2001 S Sacagawea Dollar NGC PF70 Ultra Cameo *KEY DATE
 | US $102.50 (25 Bids) End Date: Wednesday Mar-10-2010 17:24:56 PST Bid now | Add to watch list |
Canada 1923 F RARE "Key Date" Small Cent
 | US $19.75 (10 Bids) End Date: Wednesday Mar-10-2010 17:25:27 PST Bid now | Add to watch list |
NICE KEY DATE 1911 SILVER 10 CENTS!!
 | US $9.99 (1 Bid) End Date: Wednesday Mar-10-2010 17:26:48 PST Bid now | Add to watch list |
Carson City Uncirculated 1885 Silver Dollar Key Date
 | US $406.00 (14 Bids) End Date: Wednesday Mar-10-2010 17:27:05 PST Bid now | Add to watch list |
1886 Morgan Silver Dollar *Key Date* Nice Tones
 | US $13.05 (3 Bids) End Date: Wednesday Mar-10-2010 17:28:05 PST Bid now | Add to watch list |
1885-S MORGAN DOLLAR KEY DATE XF-AU NICE COIN
 | US $50.00 (1 Bid) End Date: Wednesday Mar-10-2010 17:28:22 PST Bid now | Add to watch list |
1914-D Lincoln Cent "VERY FINE++" Key Date! No Reserve!
 | US $192.50 (18 Bids) End Date: Wednesday Mar-10-2010 17:29:47 PST Bid now | Add to watch list |
Canada 1924 F RARE "Key Date" Small Cent
 | US $8.51 (5 Bids) End Date: Wednesday Mar-10-2010 17:30:47 PST Bid now | Add to watch list |
1912-S LINCOLN WHEAT CENT - SEMI KEY DATE
 | US $7.01 (8 Bids) End Date: Wednesday Mar-10-2010 17:31:05 PST Bid now | Add to watch list |
1927-S Quarter KEY Date VG!! B-23
 | US $89.99 End Date: Wednesday Mar-10-2010 17:31:08 PST Buy It Now for only: US $89.99 Buy it now | Add to watch list |
UNITED STATES PEACE SILVER DOLLAR COIN 1921 KEY DATE
 | US $127.00 End Date: Wednesday Mar-10-2010 17:31:18 PST Buy It Now for only: US $127.00 Buy it now | Add to watch list |
1879-CC (Normal Die) Morgan Dollar-AU (KEY DATE!)
 | US $1,500.00 End Date: Wednesday Mar-10-2010 17:31:46 PST Buy It Now for only: US $1,500.00 Buy it now | Add to watch list |
UNITED STATES PEACE SILVER DOLLAR COIN 1921 KEY DATE
 | US $137.00 End Date: Wednesday Mar-10-2010 17:31:49 PST Buy It Now for only: US $137.00 Buy it now | Add to watch list |
NICE KEY DATE 1934 SILVER 10 CENTS!!
 | US $9.99 (1 Bid) End Date: Wednesday Mar-10-2010 17:32:21 PST Bid now | Add to watch list |
1878-CC MORGAN SILVER DOLLAR MS/BU US COIN GEM KEY DATE
 | US $251.51 (22 Bids) End Date: Wednesday Mar-10-2010 17:33:34 PST Bid now | Add to watch list |
1887 S MORGAN DOLLAR KEY DATE MS64 MS-64 ICG
 | US $569.99 End Date: Wednesday Mar-10-2010 17:35:01 PST Buy It Now for only: US $569.99 Buy it now | Add to watch list |
Canada 1925 F+ RARE "Key Date" Small Cent
 | US $19.00 (10 Bids) End Date: Wednesday Mar-10-2010 17:35:05 PST Bid now | Add to watch list |
1970 D KENNEDY HALF DOLLAR CHOICE BU KEY DATE
 | US $13.01 (10 Bids) End Date: Wednesday Mar-10-2010 17:35:11 PST Bid now | Add to watch list |
KEY DATE MORGAN DOLLAR COMBO!!!
 | US $75.00 (0 Bid) End Date: Wednesday Mar-10-2010 17:40:19 PST Bid now | Add to watch list |
Canada 1926 F+ Semi- "Key Date" Small Cent
 | US $8.40 (5 Bids) End Date: Wednesday Mar-10-2010 17:40:39 PST Bid now | Add to watch list |
1935 S Peace Dollar Graded AU-50 by Key Date L@@K
 | US $49.98 (0 Bid) End Date: Wednesday Mar-10-2010 17:41:39 PST Buy It Now for only: US $59.95 Bid now | Buy it now | Add to watch list |
1934 D Peace Dollar Graded F15 by Key Date L@@K
 | US $39.95 (0 Bid) End Date: Wednesday Mar-10-2010 17:42:39 PST Buy It Now for only: US $44.95 Bid now | Buy it now | Add to watch list |
1892-S Morgan Dollar-AU (KEY DATE!)
 | US $1,400.00 End Date: Wednesday Mar-10-2010 17:46:13 PST Buy It Now for only: US $1,400.00 Buy it now | Add to watch list |
1909-S INDIAN HEAD CENT PCGS F-15 (KEY DATE)
 | US $522.22 (14 Bids) End Date: Wednesday Mar-10-2010 17:49:53 PST Bid now | Add to watch list |
1894-O Morgan Silver Dollar Key Date- no reserve
 | US $17.61 (6 Bids) End Date: Wednesday Mar-10-2010 17:50:16 PST Bid now | Add to watch list |
1926 Denmark 2 Kroner KM# 825.1 **Key Date**
 | US $2.75 (3 Bids) End Date: Wednesday Mar-10-2010 17:51:26 PST Bid now | Add to watch list |
1895-O Morgan Dollar-ANACS AU-50 (Key Date!)
 | US $1,200.00 End Date: Wednesday Mar-10-2010 17:54:51 PST Buy It Now for only: US $1,200.00 Buy it now | Add to watch list |
1919-D SILVER WALKING LIBERTY HALF DOLLAR-SEMI KEY DATE
 | US $13.99 (0 Bid) End Date: Wednesday Mar-10-2010 17:55:13 PST Buy It Now for only: US $16.88 Bid now | Buy it now | Add to watch list |
1909 S LINCOLN HEAD CENT KEY DATE RARE COIN
 | US $126.00 (15 Bids) End Date: Wednesday Mar-10-2010 18:00:03 PST Bid now | Add to watch list |
1931-S Lincoln Cent AU with original surfaces Key Date!
 | US $106.06 (14 Bids) End Date: Wednesday Mar-10-2010 18:00:32 PST Bid now | Add to watch list |
1924-D __XF _SEMI KEY DATE ___LINCOLN CENT
 | US $61.00 (14 Bids) End Date: Wednesday Mar-10-2010 18:00:47 PST Bid now | Add to watch list |
1938 - D WALKING LIBERTY HALF DOLLAR / KEY DATE
 | US $68.00 (5 Bids) End Date: Wednesday Mar-10-2010 18:01:00 PST Bid now | Add to watch list |
NICE 1921-P WALKING LIBERTY HALF DOLLAR ~~~ KEY DATE
 | US $199.00 (0 Bid) End Date: Wednesday Mar-10-2010 18:05:40 PST Bid now | Add to watch list |
1928 - P PEACE SILVER DOLLAR - RARE AU KEY DATE COIN!
 | US $261.00 (24 Bids) End Date: Wednesday Mar-10-2010 18:05:43 PST Bid now | Add to watch list |
1924-S Buffalo Nickel, Key Date, Decent Fine
 | US $64.00 (0 Bid) End Date: Wednesday Mar-10-2010 18:05:59 PST Buy It Now for only: US $73.00 Bid now | Buy it now | Add to watch list |
1938-D WALKING LIBERTY- VERY FINE+ !! KEY DATE #B63
 | US $61.00 (7 Bids) End Date: Wednesday Mar-10-2010 18:06:56 PST Bid now | Add to watch list |
1926-S Buffalo Nickel, Key Date, Decent Fine
 | US $77.00 (0 Bid) End Date: Wednesday Mar-10-2010 18:07:57 PST Buy It Now for only: US $88.00 Bid now | Buy it now | Add to watch list |
1879-P MORGAN SILVER DOLLAR LIGHT RAINBOW TONE KEY DATE
 | US $0.99 (1 Bid) End Date: Wednesday Mar-10-2010 18:08:53 PST Bid now | Add to watch list |
1934 - S PEACE SILVER DOLLAR - SEMI-KEY DATE F+/VF COIN
 | US $17.50 (8 Bids) End Date: Wednesday Mar-10-2010 18:10:26 PST Bid now | Add to watch list |
1866 RAYS US SHIELD NICKEL KEY DATE FIRST YEAR ISSUE NR
 | US $7.99 (0 Bid) End Date: Wednesday Mar-10-2010 18:10:35 PST Buy It Now for only: US $9.99 Bid now | Buy it now | Add to watch list |
1916 D SILVER MERCURY DIME GOOD *KEY DATE*
 | US $325.00 (24 Bids) End Date: Wednesday Mar-10-2010 18:10:42 PST Bid now | Add to watch list |
1938-D WALKING LIBERTY- VERY FINE+ !! KEY DATE #B52
 | US $66.85 (9 Bids) End Date: Wednesday Mar-10-2010 18:11:34 PST Bid now | Add to watch list |
1883-S Morgan Dollar Key Date Condition Rarity Sharp !
 | US $250.00 End Date: Wednesday Mar-10-2010 18:12:48 PST Buy It Now for only: US $250.00 Buy it now | Add to watch list |
KEY DATE GOOD 1921 & VG 1921-D MERCURY DIME
 | US $58.00 (11 Bids) End Date: Wednesday Mar-10-2010 18:13:01 PST Bid now | Add to watch list |
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