Collecting coins is a hobby that combines the thrill of the hunt with the possibility of making a killing in the coin market. You are going to love coin collecting,if you like the idea of going on a treasure hunt. There are a few very valuable coins still in circulation. The next time you pay for something and receive change, one of those coins could be worth a lot more than the face value. If you know what to look for, you are likely to find a valuable coin.

silver dollar coins

Most of us have coins in a jar in our house. Many people just dump their coins into a machine rather than go through the hassle of hand rolling them. The machine consumes 10 % of the coin's value which is serious matter in these difficult economic times. In addition, you don't get the chance to enjoy searching for whether the coins could be valuable. When you have a bit of spare time, pour your coins out on a tray and give them a look over.

coin collecting books

The Indian Head penny is a particular coin to keep an eye out for. These coins, which were made between 1859 and 1909, were really intended to represent the head of Lady Liberty. However, her hat makes her look like a Native American Chief, so the pennies became known as Indian Heads. All Indian Head pennies are worth at least one dollar as long as the date can be read. Indian Heads may be have greater values depending on the year and condition of the penny. For example, may be valued as much as $20 depending on its condition,a 1894 Indian head penny.

rare coin values

The Mercury dime, which started being made in 1916, is another coin of interest to watch for. It is Lady Liberty actually, and not Roman god Mercury making yet another appearance as some people think. (with the feather headdress this time). Mercury dimes are valued at a dollar, except if they're badly damaged. A number of these ten cent coins have a value thousands of times more than that.

Some of the most popular coins to collect are the Morgan silver Dollars from 1878 to 1921. The silver comes from the famous Comstock Lode in Nevada,and the reason people love these silver dollars is that their compostion is 90% silver. Naturally it is doubtful that you will discover any Morgan silver dollars in your pile of coins. If you want to collect coins of this kind, you'll need some advice beforehand.

You can get the information you need to identify, sell, and purchase coins of value in “A Beginner's Guide to Coin Collecting,” which is available at http://www.beginningcoincollectingbooks.com