Canadian Coins

Why price Austrian Philharmonic coin is less than Canadian Maple in bullion direct?

I am planning to buy a 24 karat gold coin from bullion direct. This is the first time i am buying a gold coin. I am seeing both Austrian Philharmonic and Canadian Maple as 24 karat, but former is cheaper that later. Do anybody know the reason? Both are 1 oz and same weight & quality. Can i buy Austrian than Canadian?

Stop!!!
You will never be able to sell that coin at the price you bought it.
Just look at ebay an see what the coin your are about to buy is worth.

Set up a disount brokerage account.
But and ETF which deal with gold like GLD
or buy a company that deals with gold like Freport McMoRan.
Trust me – you never want to buy gold coins .
If anything buy bulllion.
You will always pay through the nose for the imprint that is made on the gold coins – which is worthless.
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The Different Types of Coin Collectors in the Market

Coin Collectors are plentiful round the globe. In fact coin collecting is a noted Hobby of Kings, this was the description given to this 2500yrs back hobby.

Romans were the first in line to adopt this expensive and competitive activity. Coin Collecting somewhere evolved around the 14th century ,though it is unclear ,whether coin collecting was more a hobby or collected to satisfy the quench of wealth and curiosity.

In 1962 the first ever coin collection convention was organized in Detroit, Michigan ,this convention was organized by the American Numismatic Association in alliance with the Canadian Numismatic Association.

Coin collection often begins in the confines of our home ,where we start saving coins in circulation which we find unusual ,coin collection can also be evolved while traveling other countries ,here you get to collect coins of different currencies and sometimes can chance upon laying your hands on a very unique coin.

Sometimes this passing hobby can become an astonishing collection ,King Farouk of Egypt is known to amass huge collection of coins ,as he had the resources to back this expensive hobby.

Many people collect coins of all specimens ,some have preferences they collect coins to make a set of the particular specimen.

For Example Louis Eliasberg was a well known collector of coins, but he collected coins only belonging to the United States. Many coin collectors are fond of collecting coins of one country only, unlike those who collect specimens of all the countries.

Some collectors are like collecting specimens on the basis of the year, for example a particular coin collector would be interested in the Lincoln cents ad would collect the cent every year from 1909 till date. This method is useful iif interested in US .Currencies.

Subject collection is an interesting way of collecting coins, in this case collectors would collect coin only n the basis of the subject printed o then .For example some collectors are known to collect the special edition of Canadian Coins with polar bears engraved on them.Example

Composition Collection

Collectors who are keen on collecting coins only for the purpose of investments, these collectors are interested only in precious coins like Gold Silver Platinum coins.

Period Collectors

Collectors who are interested in coins belonging to a certain era , some collectors may be keen on coins of the 18th or 19th century where as some collectors may show interest in coins of ancient times only like the coins belonging to the Romans Greeks Indian Parthian .Though ancient coin are the most popular of the lot ,especially ones that have historical significance.

Coin collection is a way of investment, many people collect coins only for the purpose of investment as this is a save and secure means of saving your money. While collecting coin as a hobby ca be great fun ,but those who are keen to convert their hobby to full time business are to be very careful .It is very important to learn the basics of coin dealing before entering into this trade ,as there are strong chances of one getting cheated out of their

money.

About the Author

Muna wa Wanjiru Has Been Researching and Reporting on Coins for Years. For More Information on Coin Collectors, Visit His Site at COIN COLLECTORS

Collecting UK Coins – Exciting Facts For Collectors

The hobby of collecting coins has made certain currency coins much more valuable than the imprint from the mint that they bear. Human beings have since times immemorial tried to preserve a record of the time gone by in history, and coin collection is another such past time in reminiscence of yesteryear. You can preserve a part of a country’s history by collecting its coins. You can feel and touch the very coins that kings and emperors of the old days did, and other people can get a feel of it too, thanks to the collector.

In United Kingdom coin collection is a well respected hobby simply because English coins really are a realistic representation of the interesting history of this country. They are a true to life representation of the royalty that the country has seen – for instance collectors just love to own the fifty cent coins that were issued by the Royal Canada Mint, to facilitate Queen Elizabeth the second’s golden jubilee year.

Some interesting facts about collecting English coins -

There is a unique way to categorize the kind of United Kingdom coins you wish to collect, very much unlike the American collection system. Say for example, the name ‘new pence’ is used to describe the coins that were minted in the UK between 1971 and 1981. This term was used to make a difference between these coins and the older ancient pennies that were used before this era.

By 1982 collectors felt they needed to reassign a better word in place of ‘new’, a word that would speak of the value of the coin in question. So they started using ‘two’, ‘thirty’ and other prefixes that spoke of the coin value. This was a more accurate description as far as the collectors were concerned.

After yet another year had gone by, the two pence variety were so very common that collectors didn’t bother much about them. The Royal Mint promptly issued a limited edition series of the 2p then, only given to the famous English coin collectors! Today there exist only some twenty 2p coins bearing the ‘new pence’ word on the reverse, and coin collectors try hard to get hold of one of these.

Just as with the history of this fascinating country coin collection in the United Kingdom has seen quite a few changes over the years. The initial change was the decimal factor added to coins. This system denotes a modern value to ancient English coins that are no longer in circulation. The 20 shillings is now called the one pound by collectors.

As you could well imagine by now, collecting coins from the United Kingdom is more than just any hobby. It is collecting a piece of English history, and that is why collectors are so well respected in the country.

About the Author

Abhishek is an avid Coin Collecting enthusiast and he has got some great Coin Collecting Secrets up his sleeve! Download his FREE 58 Pages Ebook, “Understanding And Mastering The Art Of Coin Collecting!” from his website http://www.Fun-Galore.com/92/index.htm . Only limited Free Copies available.

Gold Canadian Maple Leaf Coins, available at APMEX

Canada Will Likely Stop Using Penny, Globe and Mail Reports
May 28 (Bloomberg) — Canada will probably have to stop using the penny because it costs more to mint the coin than its value, the Globe and Mail reported, citing Finance Ministry Jim Flaherty.