Valuable Coins

By Sienna Nalin


Old coins are a definite keeper for those of you that have them and those of you that don't. Old coins value are a sure fire hot commodity because their monetary value is way more than what regular paper money and your plastic debit credit cards could ever be worth in this present day. As mentioned in previous articles about advanced metal, the value of money has declined. So don't lose those coins because they are the new better version of money. (Image by bitzcelt via Flickr)

There recently was a coin that sold for ten million dollar. Yes, I said ten million; unbelievable right? Well you could be getting good money for the coins that you have or plan to invest in too.

The coin commanding such a high price was a 1794 Flowing Hair silver dollar, so called because the profile design of Lady Liberty shows her hair flowing behind her. The coin is the finest known specimen, being in virtually perfect condition and looking like the day it was minted more than 200 years ago.

Other countries coins were used in the United States for a long time until finally we made our own towards the end of the 1700's. This coin was a silver dollar.

Not long ago seeing a coin sell for so much was not normal and for it to happen now, it is becoming a race to see if one will be able to pass 10 million dollars and sell for much more.

With coins now routinely selling at such high levels, their attractiveness for investment purposes is evident. However, when one chooses to invest in coins, care must be taken to purchase coins that are scarce, in demand and of the highest quality. While there is no guarantee any investment will bring a future profit, following that advice will tilt the scale in the investor's favor.

...More at Shore News Today

So now you know coins can sell, and at high amounts so it is a market worth getting into. You just have to make sure that you are investing wisely.




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