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The first rule is � no matter the coin � never use harsh abrasives like silver polish. Abrasives scrape the top layer off of whatever they are polishing, and in the case of a coin, that top layer contains all of its detail and hence its numismatic value. Polishing in this way will leave the surface of the coin covered with tiny pits and scratches, not exactly conducive to preserving the coin's value. If you clean the coin using an abrasive, you'll get a shiny coin, but it will not be a coin that collectors are interested in. To see for yourself, try it on a penny, especially one from before 1982 (when they were 95% copper). The coin will be shiny and clean, but if you compare it to a similar coin, you will see that it also looks unnatural. Shiny, yes, but it will not look like it looked naturally when it was minted. Collectors eschew coins that don't look natural.
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The ever-growing availability of cheap and varied material from around the world has already brought the hobby of paper money collecting well within reach of even those on the tightest budget. This is one collecting field where prices are actually falling in many areas, mainly where new issues are concerned. For this, we can thank the effects of inflation. In comparison to western countries, many countries have steep inflation rates, making their currency sink in value in relation to our own. Thus, their currency notes become ever cheaper for us to obtain. Some typical cases from recent years include Brazil, Peru, Argentina, Russia, Zaire, Iraq, Yugoslavia and Turkey. In fact, we can even obtain notes with denominations of 50,000,000,000 or more for a dollar or two! Another exciting source of very cheap notes has recently emerged: the new ex-Soviet republics. Here is an opportunity to obtain the very first issues of several new republics for mere pennies. One can only imagine the value these first issues will have to collectors in future years.
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There are a host of things to see on coins. No matter what you are looking for, after a quick perusal, most collectors will seek some type of magnification to enlarge their view of the coin they are examining. I travel with an assortment of hand lenses. Close up Magnification of 1877 Indian CentThere is a 20�, a 10�, and a combination 3�/4�/7�. Beginning with an overall view to address shape, color, and design, a grader will also be looking at a coin's luster and for imperfections that detract from its eye appeal. Error/variety collectors will be looking for doubling on its design, planchet/striking problems, overdates, and overmintmarks. Authenticators will need to look more closely at its surface for die polish marks, tooling, and characteristics common to counterfeit or altered coins.
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Your Latest gold silver coins News

2008-W Platinum Eagle Uncirculated One-Ounce, Last Standing Coin

Mon, 24 Nov 2008 18:32:57 +0000
The 2008-W American Eagle Platinum Uncirculated One-Ounce Coin is the only remaining uncirculated platinum collector coin available from the United States Mint. The 1/2 ounce version joined the "unavailable" ranks Monday morning with the already sold out 1/4 ounce, 1/10 ounce and four-coin set.
Collectors have watched the series closely since the Mint reduced its ...]

Lihir Gold Says Fourth-Quarter Production Drops 26% (Update3)Bloomberg - 22 minutes ago30 (Bloomberg) -- Lihir Gold Ltd., the second-biggest gold mining company on the Australian Stock Exchange, had a 26 percent decline in fourth-quarter ...Shang

Wed, 30 Jan 2008 06:16:05 +0100
Shanghai Daily, China -Amid the winning pack, Shandong Gold Mining Co, China's second-largest gold miner, increased 0.98 percent to 208 yuan. The company said today that its net ...

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Daniel Frank Sedwick Treasure Auction #4

Fri, 17 Oct 2008 17:41:22 +0000
Daniel Frank Sedwick, LLC ( www.SedwickCoins.com ) announces the release of their new mail-bid Treasure Auction #4 by catalog and internet.
The auction closes November 6. Highlights of this sale include:

A California Gold Rush-era gold ingot from the S.S. Central America (1857) estimated at $125,000+ and also a gold bar marked with the “En Rada” stamp ...]

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