Coin News: Stuck Coin Collector, “Back-Up” Coin Collection, Selling Gold?

by on September 3, 2009 · 0 comments

Four numismatic news or coin blog articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s coin articles:

Coin collector feels stuck on money-go-round
G. Jeffrey Aaron |

As an avid coin collector for the past half-century, Corning’s Tom Mayo has learned that uncirculated coins hold the most value. He’s also learning that it’s getting harder to acquire the newer, shiny coins for his collection. There was a time when Mayo could fill out his collection with the new coins he obtained from area banks — the method he used to complete his 50 State Quarters Program collection.

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Assembling a "Back-Up" Coin Collection
Doug Winter | via CoinLink

I’ve recently had a few collectors ask me a similar question; one that has given me some pause to think. Basically, these are people whose main collecting focus is an expensive, very challenging series. Due to lack of availability (of funds), their purchases may be very infrequent. But they still love coins and the thrill of the hunt. What, they’ve asked me, can they play with as their "back-up" set?…

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Selling Gold? What You Need to Know
By Fred Borgman |

Every where I look now-a-days there is someone wanting to buy my gold. Finally I e-mailed a question to one of the would be buyers (who e-mailed me) asking them what percentage of melt value would they pay me for my gold? I didn’t expect them to answer and they didn’t. There is an old German saying that applies here – "no answer is an answer"…

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Two Things Collectors Should Know
Gary Eggleston | BellaOnline

Being in charge of their busy lives, most people would find the enticement of other activities that would fill the emptiness that stress and pressures could bring into their existence. The sense of being able to create something that not all people share the same degree of gratification would simply pertain to an activity that simply entails what fun really is.

This particular kind of activity is known as a hobby. Exaggerations aside, a hobby is something that reflects a person’s strong inclination or interest to something. And by merely engaging into such activity, he is able to fulfill the shallowness that they sense deep within…

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