Numis Network - An Informative Look Into The World Of Numismatic Coins
Numis Network - An Informative Look Into the World of Numismatic Coins
Numismatic coins are collectibles that are valued based on many things. Rarity, quantity originally
produced, age and condition. Typically they are sold individually and range from gold coins, silver
coins, world coins, bullion coins, silver dollars, commemorative coins and many more. Some people
even consider them to still be better currency then paper money and go about storing and collecting as
many of them as possible. Meanwhile, countless others just enjoy the history and natural attraction we
all have to gold and silver. You may have heard the saying, “if you’re going to collect something, it
might as well be money.” This statement rings true for many in the coin collecting world.
Coins were the version of currency used by many countries throughout history as a whole. Often
though, the wide variations in coinage when exchanged through cultures made things quite difficult.
The Romans are mostly credited for laying the foundations for modern minting standards used today,
but the first state mint can be traced back all the way to the 7th century. Most countries these days only
operate one mint, the US though has two active mints. One in Philadelphia and the other in Denver.
Proof sets of coins for collectors are minted in San Francisco. There is no difference between proof
coins and numismatic coins as they are generally the same thing. A proof coin is struck mainly for
collectors as special presentation pieces using specially designed dies for a polished or otherwise
prepared result. Numismatic coins refer to these special coins just as they do ancient, old or current
The grading and condition of a numismatic coin is often the most crucial consideration when deciding
to buy. This is achieved by many coin specific standards and some more broad certifiable methods such
as mint-state. The mint-state of a coin refers to a coin that was not used in circulation and thus can be
described “as new.” In modern-day US numismatics, mint state coins are given a number form 60 to
70, with 70 being the most sought after “perfect” coin condition. Many factors play a role in the
production process of these coins. Although they were never out in the pockets of Americans or worn
by consumers they may still suffer from weak striking, bag marks, and other defects that make them
less attractive to the collector. Many early coins appear to be worn yet are in mint-state due to striking
Overall the collection, admiration, and search for the perfect coins continue today as strong as ever.
People just simply love coins and precious metals crafted into wondrous works of art to pass down
through the generations or to hold onto for that big payday down the road. Often though, through
inexperience some are convinced into buying coins that either do not hold the standard advertised or
are much more common then the merchant claims. Due to this problem the novice coin collector needs
to tread lightly and pay close attention to the real standards set forth for determining a coins worth. One
name I use and trust is the Numis Network who is an industry leader in the coin collecting world. You
can always rely on Numis to bring you the utmost in quality and rarity making them a top shelf choice
for the modern coin collector.
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Do you still have a couple more questions that you need answered? If you don't see the value of
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business, than checkout my extensive numismatic coin review.