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The following article was published in our article directory on October 14, 2010.
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Cost of Coin Collecting

Article Category: Recreation

Author Name: Kellie

Coin collecting is a popular hobby among the adults and children alike. There are those who prioritize quantity over quality; they stack small coins over the years in several jars, just for the challenge of it. The frequent travelers are often given into collecting coins from every country that they visit. People with interest in the ancient times are pooling together a collection of coins from of old . Certain collections are marked by their metal composition or by their year of minting, while others follow a particular theme or symbol. Then, there are also collectors who keep only copies of coins.

Perhaps, the most interesting type of coin collecting is one that thrives on mint errors, that is, searching and keeping coins with factory defects and that never make it to circulation. In fact, the uncirculated coins, according to the numeric Sheldon Scale, are highly valued, if not most prized. One wonders why mint errors raise the price tag of coins; it is because they are accidental in nature and are rare occurrences in the minting process. That's why these coins are attractive to many collectors. There is just something about rare and limited things that leave many people mesmerized and wanting to possess them . It is likely that the propensity for exclusivity and privilege drives people to be in this industry.

The most exceptional of these rare mint errors in coin collecting should be denominations that have been struck on a blank foreign planchet. During the 17th, 18th, and 19th centuries, an American denomination was punched on foreign planchets, which are very expensive to find and acquire. A broadstrike error is considered very rare as well, compared to the clipped or mule planchet errors. A broadstrike happens when the collar die fails to create the rims around the edge of the coins. Sometimes, the die will have some sort of crack in it, thereby creating a cud mark or a dent line on the surface of the coin.

There are also planchets that have been punched on both sides with the same exact image. This mirroring error in the minting process is termed as brockage, which many serious collectors find appealing. Multiple strike is a variant of brockage, where in the same image is struck twice or thrice on the same side of the metal blank. Another interesting variant is the die clash, wherein the two dies strike each other, because no metal blank is between them. The images on both dies are distorted and are impressed on the succeeding planchets.

The hunt for coins with mint errors in them is a challenging enterprise, but nonetheless, exciting, especially when one's efforts are paying off well. The trick of the trade is to enjoy the process and not to think too much of the profits to be gained from them. The road to discovering them can bring the collectors at many places and to meeting fellow enthusiasts. To be so concerned about what one can get may strip the pleasure and the adventure out of coin collecting.

Keywords: Collectible Memorabilia, collecting sports autographs, coin collecting, Collectible Sports Memorabilia

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