Coin Collecting: Beginner's Guide
Have you ever held an 1850 Seated Liberty Dollar in your hand? The beauty of the artwork, the rarity of the coin, the weight of the silver and the age and history it represents. There is nothing like it, I was hooked.
Coin collecting has been around ever since coins were first made thousands of years ago. In the following post, I hope to cover every aspect and answer how to start a coin collection. I’ll offer ideas on what to collect, where you can buy coins, and how to store them, as well as everything in between. If you would like to jump around here is a list of contents:
We’ve all heard it said, there are over 10,000 uses of silver in industrial applications. But are there really?
With silver’s unique features of high thermal and electrical conductivity, it will continue to remain king in industrial and electrical applications.
Also, with the recent discovery of nano particles and nano silver, there has been an explosion of silver uses & applications in the home.
This combined with all the silver compounds available such as silver nitrate, silver fluoride, silver bromide, etc… you can easily expand on this list to get into the thousands.
For silver stackers, there’s nothing like hand poured silver bars to marvel at. A freshly poured bar or ingot with a nice hand stamp will really stand out from all your plain old bullion coins.
If you don’t own any hand poured silver bullion, it’s one of those pieces that you can put on your desk to remind you the value of silver! Plus, they make great conversation starters as everyone who sees it will ask, “Where did you get that?!”
So I scoured the web and found 17 unique designs of hand poured silver bars, ingots, bullion, loafs, and a few other interesting objects. Enjoy!
The history of silver as money goes back many thousands and thousands of years. Silver coinage first appeared around 600 BC in current day Turkey, and from there it has been used in every major empire, from the Greeks & Romans to the Spanish and current day United States.
I’d like to take a look at the history of US silver coins that have been used as money since our nation begun. It’s amazing how few people even realize that for the first ~ 175 years of the US, silver was used in everyday coins and circulated throughout the economy as common money up until 1964.
Intro to Buying Silver
For someone looking to make your first purchase, buying silver is not as simple & straight-forward as it appears. There are several questions you need ask yourself before you take the plunge:
- Why should I buy silver?
- What kind of silver should I buy?
- How do I buy silver?
- Where is the best place to buy silver?
Investing in silver in today’s economy is one of the most prudent action-steps you can take to preserve your wealth and hold true money. The guide below will hopefully answer the above questions and help make you a more informed investor …
It is unfortunate that articles like this have to be written,
but where there is money trading hands, there will always be fakes, frauds, and counterfeits.
If you have purchased some silver and can’t get rid of that little voice in your head that keeps saying what if they are fake silver coins …
Below are 12 ways on how to spot fake silver eagles, bars, and bullion. We’ve ranked them from the least to the most effective methods in detecting counterfeits. (Most of these tests can also be applied to gold as well).
1. Silver has been used as money for over 2,000 years
Silver has been used in coinage for thousands of years even more so than gold! As a precious metal, it has been recorded that it was discovered as a mining metal circa 4,000BC in the Mesopotamia region near Turkey. Silver first began circulating as coins around ~2,500 years ago in Lydia. Image is a silver coin drachm used in early 400 B.C. Continue reading