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30 Apr 2021

"Treasure in The Cellar" Book

| Well worn Copper

Found this during a search of coin books and had to have it. It's about two boys who found a bunch of gold coins while playing in a basement of an old house back in 1934. It goes into detail about what happened to the kids and their fight to legally claim the coins, as well as the claims of others, such as previous owners and tenants. Finding a cache of gold coins was every kids dream, it seems, although I'm 59 and I still dream it. Leonard Augsburger is the author and it was published (paperback) by the Maryland Historical Society in 2008.

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30 Apr 2021

2021 Morgan Dollar

Coins | CoinCollector7777

For this blog, I will be talking about the expensiveness of the 2021 Morgan dollar. First of all, I don't think I will be able to buy it without complete satisfaction because the silver value is (I'm pretty sure) literally worth like less than $20. The U.S. Mint is going to sell them for $85 (according to Google). $65 for what? The rest of the metal in the coin? The design? Is it high relief? Or does the U.S. Mint want to make money even though they'd probably make more if they sold it for like $75 or something? My conclusion: the U.S. Mint is WAY too overpriced.

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29 Apr 2021

Why I Keep a 1973 Iraq Coin in My Collection

National Coin Week | Al Raddi

The coin wasn't big or bold, but the action was. In 1972, the Ba'athist governmentnationalized the oil industry in Iraq. And in 1973, it issued a circulating commemorative coin to venerate the seizure.

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28 Apr 2021

Book review Coin Collecting - Newbie Guide To Coin Collecting By Sam Sommer

| user_40343

This book focuses on how to collect coins by knowing what makes it valuable and numismatic. If one is to look at Numismatics as an investment, there are suggestions related to investing in gold, silver, and rare coins. The author shares thoughts on how much one could pay for ungraded coins and whether to buy it. There is a section on how to identify errors in coins versus how to identify fake. Errors are those that are introduced due to mint error whereas fake coins are altered for profit. The book also has a section on how to grade coins. There is an easy to follow explanation on why some coins are considered rare compared to others. The book has 85 pages. There are pictures in various section although they are not color, it is useful. The book provides an understanding to coin collecting and is a good one for beginners.

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28 Apr 2021

Book review Collecting Coins: A Beginner's Guide By Jerry Haydock

| user_40343

This book suggests that one can look for coins in a coin shop, coin shows, websites, flea markets, auctions. I liked the last option, to exchange coins with fellow collectors. There is explanation on the minting process, mint marks, and its significance. The next aspect is about what all factors impact the value of a coin and what makes it a collectable. To determine the value, one needs to understand the concept of grading. There is explanation on coin grading, the color and appeal, luster, etc. And some points on whether to use the professional grading service and if it is worth it. There is introduction to commemorative, bullion, and other special coins. The coin collectors need to be able to also identify fake coins and stay away from it. There are also details on how to store the coins and to know when to sell the coins if need be. Overall, a good book.

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28 Apr 2021

Coins and Other Currency: A Kid's Guide to Coin Collecting By Tamra Orr – Book Review

Library | TheHobbyist

The book starts off by talking about a grandpa who is a coin collector himself, passing on the interest to his grandson. The grandson takes his grandpa’s coins to school. There is a narration of how a classroom of kids look at cool unusual coins of different shapes and sizes, how it excites the kids to see money from around the world. There is a mention of the ‘Three-legged Money Frog’ used in China as a symbol of being rich. The book explains to a beginner to coin collecting about how strange things like cow, shell, etc. were used as currency prior to the use of metal coin and paper money. There are tips on how to start one’s own collection; and how money can help understand history and culture of various countries. The book is 48 pages long and it will help to introduce the world of numismatics to a person getting started with coin collecting.

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27 Apr 2021

Funding An Empire

Coins-World | Long Beard

Two-hundred and forty-eight years ago today, April 27. 1773, the British Parliament passed the Tea Act. Unfortunately, few have been taught in public school about this important event, intended to serve another purpose, other than the resulting Boston Tea Party eight months after it's implementation. So keeping to the theme of weekly blogs, we'll examine a subject which shaped not only the as of yet United States of America but the world. Enjoy!

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