iccoins's Blog

18 Jan 2019

Choose Your Realm

Coins | iccoins

There are countless different coins any collector can collect. Therearetons of options for US coins, world coins, ancient coins, and even currency and tokens. You need to choose what you want to collect to allow you to be the happiest collector you can be. I already did an article about this for the types of sets you can collect, but you don’t even have to go into a set, but rather, collect something that fits you that may not even be a traditional route. The following are some important things to consider before starting a collection. Even if you’ve been collecting for years, you can always change it up and collect something different.

23 Dec 2018

Learn Your Types: Presidential Dollars

Coins-United States | iccoins

Because of my busy week this past week, you get to read two articles in one day, this along with my article about details grades.

07 Dec 2018

More Things To Never Do To Your Coins

| iccoins

My original article got very long, so I decided to break it up. I don’t want you to lose interest.

05 Dec 2018

How To Destroy Your Collection

Coins | iccoins

This is not a phrase people want to hear about their coin collection, but unfortunately, this happens every day to collectors who don’t know what to do, but mostly, don’t know what not to do. Some of these mistakes, surprisingly, are also done by professional collectors and dealers.

19 Nov 2018

Learn Your Types: Classic Head Half Cent

Coins | iccoins

The Classic Head Half Cent, designed by John Reich, is one of the many different types of "obsoleteUS coins," coins whose denominations are no longer minted. Half Cent, Two Cent, Three Cent, HalfDime, and Twenty-Cent Pieces all fall within this category. The Classic Head Half Cent was the successor to the Draped Bust Half Cent and had the same specifications, 100% copper, a23.5-millimeterdiameter, and a weight of 5.44 grams. The Classic Head Half Cent had a mintage run from 1809 to 1836, but there were large gaps in themintage. No half cent coins were minted from 1812 to 1824, 1827, or 1830. There are two proof only dates in the series, 1831 and 1836. 1835 was the last year of circulation strikes for the Classic Head Half Cent and it was replaced by the Braided Hair Half Cent in 1840. All half cent coins were significantly smaller than the large cent variants, but are still much larger than the small cents of today. In 1831, the US Mint changed the die for the Half Cent and also purchased new equipment which made the rims of 1831 to 1836 coins slightly higher than pre-1831 examples.

12 Nov 2018

Type Set Collecting

Coins | iccoins

Type sets can be great fun and are also a great way to figure out what series or type of coins you like the best and may want to create a set of in the future. I am currently working on a type set of PCGS graded coins. Fortunately, there are lots of different types of type sets to work on. If you’re a beginning collector, you may find a type set to be overwhelming, expensive, and confusing, but there are so many different ways to collect a type set thatyoucan always make one set to your knowledge base, interests, and budget.

07 Nov 2018

Coin Language

Coins | iccoins

Using proper terminology in collecting is incredibly important. Nobody is going to take you seriously if you start talking about a coin and say things like “The words on the front ofitare great!” Or “It looks like the mint stamped the coin really well.” If you don’t know the proper terminology, you are not a serious collector, no matter how much other stuff you know about a specific coin.

06 Nov 2018

Learn Your Types: Flying Eagle Small Cent

Coins | iccoins

TheFlyingEagle Small Cent is a less-popular coin type with an extremely short run, but is actually one of my favorite coins ever minted. This was the first small cent, which replaced the large cents. Both half cents and large cents were veryunpopularand it began costing a lot of money to mint copper coins, so the decision was made. The half cent would be discontinued and the one cent would be replaced with an option much smaller. The small cent quickly gainedpopularity. The Flying Cent officially began in 1856, but these were intended only as “concept coins” to show Congress what the new, small cent would look like. The 1856 Flying Eagle Small Cent is incredibly valuable and rare, with a mintage estimate of just 2,000.

04 Nov 2018

How To Catalog Your Collection

Coins | iccoins

One of the most important parts of coin collecting is to organize, catalog, and inventory your collection. This is important for you, so you know whatyourinvestment is, what you have, what you still need, etc. This is also important for later in life, when your collection is inherited by anotherfamilymember. Chances are, the person inheriting the collection is not going to know much, if anything, about numismatics and may think that you were just "some old person with mental problems who put useless coins in a safe." No, I am not suggesting that older people have mental problems. I am only suggesting that that may be what some people think when inheriting a collection, since they know nothing about it. The person inheriting the collection may end up taking the coins to the bank, or maybe to a pawn shop, or a thrift store, or maybe they know enough to at least take it to a coin dealer. If you have cataloged and inventoried your collection properly, others will have little problem finding out what the coin is, how much it's worth, etc. Most of the time, a catalog includes the following information about each coin: Year, Mint Mark, Type, Grade, Purchase Price, Purchase Date, and sometimes, Estimated Value. Here are the different ways to go about this.

24 Oct 2018

Numismatic Myths: Part III

Coins | iccoins

Myths, misconceptions, coins. New collectors and non-collectors are often led to believe something that is entirely false. Let’s debunk some of these myths today.


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