Coins are something that every metal detectorist is going to find a lot of, and they will be dirty. So what should you do? What is the best way to clean the coins you find? I have gathered together some ideas that may be helpful. Don’t use chemicals without first researching them. I don’t use chemicals and I would stay away from them unless you’ve done your homework and are comfortable with the process.
The secondary dealer returned to trading Gold Maple Leafs but buys all them only at prices that enable him to profitably melt the coins if they are really beat up. As noted, because of the problem with secondary market Gold Maple Leafs, the Royal Canadian Mint has to price Gold Maple Leafs below Gold Eagles to entice investors to take Gold Maple Leafs in the U.S. market.
The use of gold coins however stopped in 1933. Countries all over the world begin to find it too expensive to use gold coins as their currency. Nowadays, some countries use gold-colored coins which no longer contain gold.
The coins were hammered, meaning that a blank disc was placed between two dies and given a whack with a hammer! That’s why the edge of the design and the edge of the rim does not always match up. It was a simple process and very open to forging, and that started from the first coins. Initially, there may have been some official consent to create some coins locally to meet currency demands, but towards the end of the third Century forgeries became a common and serious problem.
Coin collecting shouldn’t be thought of or approached strictly as an investment. That takes the joy out of finding that special coin. For me, the more silver and gold coins I’m familiar with, the more of them I want. It’s addicting.
Now, you might ask “what about the rare American military challenge coins costing between $250 and $500?” I guess that would be called the “grey area”. In that area, you have to make a judgment decision as to how you want to proceed with the coin purchase.
Like all other products, coins’ values also change during a year, which has peak season and off-peak season. Not like other products which are more expensive before Christmas and cheaper at Boxing Day, coins have their own up and downs. However, different category may have different timing. You can search completed items on eBaysee how much the coins had recently sold. Also, you can find some recent sold item prices on Australian and World Coins Database.
Surely, many are enticed to collect gold coins. The things mentioned above are just some helpful tips to help you narrow down your choices. Coin collecting is fun so enjoy every piece!