The vast majority of coin collectors collect for the joy and experiences the hobby brings - not for financial gain. On the flip side, collecting coins can place a burden on the wallet so most collectors are savvy in at least the basics of finance.
To that end, CoinNews.net has added a FREE and simple Rate of Return (ROR) Coin Calculator. The calculator is a fast and easy tool that provides a mechanism for checking how much coins have made in value over time.
By entering a coin’s purchase price and date along with its selling price (or estimated current value) and date, the calculator will return its:
- Annualized return rate
- Return percentage for the entire period
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Reflecting on inflation numbers can be interesting and many times surprising. As an example, one dollar in 1915 has the same buying power as $20.69 today.
More recently, a dollar in 2000 has the same buying power as $1.21 today. Given that, could you… would you… believe a 2000 box of Cheerios® is now worth a few hundred bucks?
There’s obviously more than inflation in play here. This particular Cheerios box may… just may… have a Sacagawea golden dollar worth ten grand.
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It’s evening, you’ve already browsed around the Internet for your daily online fix, nothing’s good on TV and you’re otherwise bored silly but don’t feel like going out. What do you do?
As a collector, there’s something that just feels good about relaxing with a great coin book or magazine in hand. If you’re like me, sometimes you’ll put off a good read to savor it for later.
Last night was that time for me. I had already read the latest issues of a few favorites, like Numismatic News, Numismatist, and Coin Values.
So it was a good thing that I had just recently received the November issue of COINage magazine and had set it aside for later enjoyment. If not, I’d have been in one of those monotonous predicaments.
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Proof 2007 American Buffalo Gold coins were taken off the market and the American Eagle Platinum Uncirculated coins quickly followed suite.
The bullion coins join the ranks of the American Eagle Gold Uncirculated coins that were removed for sale back on September 13.
Yes, that’s nearly a month ago now.
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Two-headed coins don’t command but a few dollars for price.
And, instead of finding one in your pocket change and selling it for profit, you’re more likely to pay those few dollars to purchase one in a novelty, prank or magician’s shop.
That’s not to say people don’t find them… One of the most frequently asked questions is, "How much is my two-headed coin worth?"
Most people who ask are hoping they discovered an error coin that’s worth thousands of dollars. That’ll never be the case with modern U.S. coins.
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Gold is continuing through its extended gains and hit a spot price of $746.30 an ounce early Monday morning. That’s the highest level seen since January 1980.
Will increasing gold prices continue to forestall the resumption of U.S. Mint gold coin sales? To date, it appears that way.
On September 13th, the United States Mint suspended the sale of all their 2007 American Eagle Gold Uncirculated Coins.
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