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There’s far more interest in collecting Rare Coins than in just owning ordinary gold bullion. Let's take for example the 1810 Capped Bust to Left $5 Gold piece shown here.
Can you imagine owning a gold coin dating back to 1810?
Coins just like this one were carried in the pockets of famous Americans like George Washington, Thomas Jefferson, and Abraham Lincoln. But today, only a handful have survived the test of time.
Pre-1933 Gold Highly Prized
There's a variety of seldom seen U.S. coins dating from 1793 to 1933 that are highly prized by collectors today. Every one in collector grades trade for many times their weight in gold or silver alone.
Collectors prize them as beautiful works of art, rare antiques from the 18th and 19th century. And always, we consider them to be important pieces of American history. The better condition each coin is in, the higher the price collectors are willing to pay for it.
The Hobby of Kings
Once coin collecting was known as the "Hobby of Kings." But today, interesting and collectible coins trade in all price ranges from $15 up. Over the years, U.S. coins have been systematically accumulated by individuals, serious rare coin collectors, musuems, and those interested only in investing.
The Basics of Coin Collecting
Before you get started with your coin collection, there are a number of important factors to know about:
1. Strong Demand For Coins – Today, there’s a strong and growing base of coin collectors in the United States. Since 1999, the U.S. Mint reports that 136 million Americans are collecting coins. Many get started with State Quarters and soon discover the joys of Pre-1964 Silver Coins and Silver Dollars or jump right into collecting Pre-1993 dated U.S. gold coins.
2. Collector Appeal – People collector coins for many reasons. Some collectors want only silver dollars, others collect only gold coins. History buffs love coins from famous 19th Century shipwrecks, the Western frontier days, or coins struck around the Civil War. Finding a particular area that interests you adds greatly to the pleasure of building a collection of coins.
3. An Affordable Hobby – Some coins we offer are so rare that they are one of the five finest known to exist and sell for up to $100,000. These are prohibitively expensive to most collectors. However, many "Better Date" to relatively "scarce" gold coins are attractively priced today between $500 and $3,500. Mint condition silver dollars dating 1878 to 1921 trade from $20-$25 each. Gem mint Silver Dollars are still under $100 and quite affordable.
4. State of Preservation – Grading is the single most important factor in pricing a rare coin. Coins are graded based on the number of scratches and amount of wear. The Sheldon scale ranks coins from a nearly worn out 1 to a perfect 70. While you may not be able to afford "Perfect" coins, we recommend you acquire the rarest and best quality coins you can comfortably afford.
5. Eye Appeal – One of the factors that distinguishes Austin Rare Coins from others is our attention to detail. Our Buying Trust carefully handpicks each coin we offer for great eye appeal and avoids coins with unsightly toning or rust spots. Ugly, unattractive coins that we refuse to buy are often dumped on an unsuspecting public at interet auctions. Bad looking coins are difficult to sell later while the nicest coins will always command the best prices and be the easiest to sell.
Eye appeal today is more important than its ever been before.
6. Certification of Grade – Instead of depending on a buyer's or seller's opinion of a coin’s grade, you should acquire primarily investment grade coins. Thes have been certified authentic and graded by a trusted, independent grading service. PCGS and NGC provide the most respected grading services in the rare coin industry today and most investment coins we offer are graded by one of these leading authorities.
There are many different types of U.S. coins in all price ranges. Since Austin Rare Coins specializes in classic U.S. gold, this report continues with a brief discussion of exactly "What You Should Know About Pre-1933 Gold" and the advantages they offer over ordinary American Eagles.
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Order By Phone 1-800-668-9419 - Call our Specialists in Rare Coins 9am to 9pm, seven days a week. Please do not call to ask what your rare coins are worth.
No-Risk Moneyback Guarantee - If you are not 100% satisfied, simply return your rare coins in 14 days for a full refund, including shipping, no questions asked. All bullion coin sales are final when accepted by the company.
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Pricing - All prices are indications only and subject to acceptance. In hot gold and silver markets, prices for rare coins can change rapidly and we reserve the right to refuse orders due to volatile coin prices or availability.
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