Rare Coins for the Collector
Buying rare coins allows you to hold a piece of history in your hands and that appeals to many collectors. Maybe your Liberty Seated Dollar once sat in President Lincolns pocket or maybe your $20 Liberty Double Eagle was once stolen by Butch Cassidy and the Wild Bunch in the Old West era. That’s what makes rare coins so special to collectors. Adding rare coins to your coin collection not only adds beauty, but buying the right rare coins can add value to your collection over time. The rare coin market has matured with verifiable third-party grading services and certification, adding multiple layers of security to rare coin purchases.
The two most commonly used coin grading services are the Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC). According to NGC’s website, “Since 1987, NGC has graded more than 37-million-coins, each one backed by the industry-leading NGC Guarantee.” PCGS isn’t far behind with 36,247,752 Coins Certified as of this month. PCGS and NGC are the top two most respected Coin Grading companies in the United States and their graded coins are highly sought after. It is with this reason that LCR Coin only carries NGC and PCGS certified and graded coins.
Some Rare coins are now being viewed as investments rather than just collectables due to low populations, harder to find coins, key dates and in large part to PCGS and NGC. A wise collector can turn their collection into an investment over time. Quality counts when buying rare coins, so make certain you are buying the finest grades available from a trusted dealer. Reputable dealers are an important part of coin collecting. You should spend time researching the coins you are interested in and learn their population, key dates, how many were graded in that grade by the grading services, how many were minted and how many survived. These are important factors to consider when building a coin collection.
If you are new to collecting Rare Coins you should start with a copy of The Official Red Book, “A Guide of United States Coins” by R.S. Yeomen. The book is published every year and is a valuable resource for collectors with current coin values and some tips on collecting. For even more current prices you could subscribe to the weekly “Coin Dealer Newsletter,” and the “Certified Coin Dealer Newsletter.” There are lots of formatted information about the Coin World in these newsletters. The more knowledge a coin collector has of current trends and popular hard to find coins makes it that much easier to uncover valuable rare coins. If you want solid returns on your rare coins start with U.S. Gold and Silver coins that are persistent favorites with collectors.
Popular U.S. Gold and Silver Coins to Collect Are:
- 1909-S V.D.B. Lincoln Cent
- $20 St. Gaudens Double Eagle
- Liberty Double Eagles
- Standing Liberty Quarter
- Mercury Dimes
- 3 Legged Buffalo Nickel
- Walking Liberty Half-Dollar
- Barber Half-Dollars
- Morgan Dollars
- Indian Gold Eagles
- Double Die Lincoln Cents
- Indian Cents
- Peace Dollar
Another popular type of coins to collect are Ancients. These coins are certified and graded by NGC. Coins struck from the origins of coinage through c. AD 500, as well as coins from the Byzantine Empire (AD 491-1453). These are fantastic looking coins and rich with ancient history. Imagine the stories of the people who used these coins as money.
Experts estimate that there are between 7 and 10 million serious coin collectors in the U.S. so a robust market exists. Collecting coins is a ten-billion-dollar industry in the United States alone. China has recently caught on to this craze. Of course, you can’t underestimate the importance of finding a knowledgeable rare coin dealer in whom you can trust.
Here at LCR Coin we believe in Experience, Knowledge, and Integrity. All of our rare coins have links to their NGC or PCGS certification, so that you may view the coins certification of the actual coin you are looking at. You may also view the coins population; how many were graded in a higher grade and the coins mint-mark. The images of rare coins you are viewing on our website are of the actual coin. We have a large magnification tool so that you may view the coin close up in detail. Our coin categories are in numismatic sort for your viewing pleasure. You may also add any coin to your Wishlist. If we don’t have what you are looking for, check back often. Our inventory changes daily. You may also call us at (800) 830-5578 and we might be able to find what you are looking for. You may also submit a product inquiry online. LCR Coin offers FREE Insured Shipping with tracking on all orders, no minimums. SHOP our rare coin inventory now and tell us what you think. We thank you for shopping with LCR Coin.