Monday, December 29, 2008

U.S. Coins

Lately I have been in need of a new hobby, something that could be fun, yet potentially profitable at the same time.

U.S. Coins is just the niche to get into! With coins dating back to the nation's first established currency to confederate coins, U.S. coins play an important part in its history. The coins each tell a piece of the story that U.S. has been crafted for centuries now, and it continues to do so, primarily to promote the economy (this has been noted and evident with the U.S. state quarters, as well as the newly created Obama coins.) Despite the intention of the U.S. coins, there is no doubt that collecting some U.S. coins can not only become enjoyable, but a wise investment decision too.

Among the hundreds of U.S. minted coins, here is a rather brief list of the most sought after U.S. coins:
1943 Copper Penny
1776 Silver Continental Dollar

Almost anything from 1870

1804 Draped Bust Dollar

1861 Confederate States Half-Dollar

The Brasher Doubloon
1974 Aluminum Penny

And, with great debate, the rarest (and thus, most valuable) U.S. coin:

1933 Saint-Gaudens Double Eagle

This coin was once sold for $7.5 million U.S. dollars! During the Great Depression, President Roosevelt recalled The Double Eagle, as with all gold coins, back to the U.S. government/treasury, as gold was dismissed as the currency standard. However, a combination of smuggling and some simply never making it back, they became a hidden treasure. These are hot items, and something that the U.S. government is still looking for! (The Secret Service confiscated one during 1992.)

So, whether you are a veteran or amateur, U.S. coin collecting is definitely a hobby to enjoy, for it can truly become a lifetime adventure. If you want to get started, or look to create new additions to your already established collection, check out, for it is a place that I check out regularly for news and possible purchases for U.S. coins, along with all things antique! Be sure to check it out, and good luck with your coin collecting journey!

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