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Numismatics is the study or collection of currency, including coins, tokens, paper money, medals, and related objects.. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods.
Precious metals in the form of coins whose market value is determined by metallic content rather than scarcity. bullion value The current market value of the raw precious metal content of a coin. For example, the bullion value for Canadian silver coins minted between 1920 and 1966 is 12 times the face value when silver is $20.00 per troy ounce.
The coin contains one-troy ounce (31.1g) of pure gold and has a legal tender (face) value of US$50. Due to a combination of the coin's popularity and the increase in the price of gold, the coin's value has increased considerably. The initial 2006 U.S. Mint price of the proof coin was $800. In 2007 the price was $899.95, $1,410 in 2009, and ...
Pearlman used the NGC Price Guide to estimate the current retail value of a 1955 Doubled Die Lincoln cent at a range from $1,000 in worn “About Good” condition to $85,000 in Mint State 66 with ...
Approximate Value: $1.8 Million Last sold for $1,880,000 at auction in August 2012, this unique “No Arrows” dime from a Carson City (CC) mint is the only specimen of its kind.
Coin grading [1] is the process of determining the grade or condition of a coin, one of the key factors in determining its collectible value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted.
In coin collecting, the condition of a coin (its grade) is key to its value; a high-quality example with minimal wear is often worth many times more than a poor example. Collectors have created systems to describe the overall condition of coins. Any damage, such as wear or cleaning, can substantially decrease a coin's value.
A numismatist is a specialist, researcher, and/or well-informed collector of numismatics/coins ("of coins"; from Late Latin numismatis, genitive of numisma).Numismatists can include collectors, specialist dealers, and scholar-researchers who use coins (and possibly, other currency) in object-based research. [1]