Numismatics, or How valuable coins are collected

2024 Author: Sierra Becker | [email protected]. Last modified: 2024-02-26 03:45

Today, collecting coins is a fairly common hobby. But few people think that this activity can be profitable. Often people are sure that the older the thing, the higher its price. But in fact, this is not entirely true. For example, if valuable coins are withdrawn from circulation, their value will be high. One of the Russian banks even organized an action. They paid 5 thousand rubles for coins of two and five rubles, issued in 2003. The only condition is that they must have a stamp of the St. Petersburg Mint. In fact, numismatists were willing to pay much more for the same items.

If you are interested in valuable coins (value), the catalog of numismatics will come in handy. Professionals make up such manuals. In it you can find all the necessary information about the coin you are interested in: the year and history of issue, circulation, the material from which they are made, design features, etc. It is important that each copy is prescribedprice. So you can evaluate your collection yourself. This will also help determine the honesty of the seller. Perhaps, under rare specimens, he offers you common coins? After studying all the details, you can decide whether you want to collect all the coins in a row or stop at a certain category?

But what are valuable coins? These are not only certain copies issued in honor of this or that event or minted in limited quantities. Often the cost is determined based on the condition of the goods. But with especially rare specimens, this does not work, since it is impossible to find them in good condition. There are cleaning methods, but if you have valuable coins, it is better not to try new methods. Your experimentation may degrade the appearance of the item and reduce its price.

Which year is considered the rarest? According to numismatists - 2001. There are still disputes about the existence of a coin with a face value of 50 kopecks. Officially, they are not in circulation, but sometimes topics about sale appear on various forums. But most of the time they are fakes. Two rubles of the same year of issue are also highly valued. But in reality, no one saw them.

The following valuable coins are from 2003 issue. It was for copies of this period that banks announced special promotions. According to their conditions, 5 thousand rubles were paid for such coins. But, according to professional numismatists, this is a very low cost, in fact, they are estimated at 10-20 thousand rubles. To verify the reality of the existence of the mentioned instances, it is enoughget acquainted with the information offered by various auctions.

Not only Russian coins are valuable. Copies of Soviet times can also be of high value, not to mention earlier periods (for example, banknotes of the pre-Roman era). In order to determine which coins were rare, it is enough to know the history. At certain stages of development, the country could not boast of a large issue of coins. For example, during the Great Patriotic War. Coins minted during the New Economic Policy are also of considerable value. In general, circulations were small before 1960.

Every self-respecting numismatist knows all the rare coins and their value. Therefore, it will not be difficult for him to identify any instance. If you plan to use this hobby as a way to invest money, then you will need a catalog of coins. So you will know well which items will rise in price and which are not of particular interest. Or you can meet an experienced numismatist who will help you look for rare items.