Thanks for visiting our site!
Real Coins
Checkout Ebay Auctions For The Cheapest Prices
 |
US $26.00
| Powered by phpBay Pro |
Here are some more information for Real Coins:
Yesterday a young man who was a part of my children's ministry in the 1990's walked into my office for a short visit. What he brought in with him grabbed my attention. He handed me a well circulated 1980 Philadelpia Mint Kennedy Half Dollar, that had identical obverse and reverses and about a 20% rotated die. His question was, how much is it worth? This double headed Kennedy looks like it has not been tampered with. However, in the US Mint history only one double headed or double tailed coin has been authenticated. With billions upon billions of coins being minted, the chance of this coin being the "real thing", is about ten to the hundred power. In other words Leo, you have a much greater chance of winning the "Powerball Lottery" than this coin being authentic. Let me explain why.
At the US Mint, a coin press consists of two dies. The die for the reverse side of a coin is called the anvil die and it is stationary. It will not move! The obverse die is a hammer die which moves up and down with a force in excess of 37 tons per square inch. This is the minimal pressure for striking a one cent coin. Neither die will fit in the other dies position making the law of probability against a double strike heads or tails coin mounting up quickly. The chance of one being produced is very slim and coupled with it going through the inspection process and being released into circulation, makes getting one nearly impossible. However, if you think you have one it needs to go through three simple tests before being submitted to a grading service for authentication.
The first test is measurements. Check the diameter, thickness and weight of the coin to see if it meets the specifications for that coin denomination. The second test is to check the edge of the coin under higher magnification. If there is a seam it is not a real coin. Third, do the "ring" test. Locate another coin of the same date, design and denomination. Drop them both on a counter top or table to compare the sound. If the ring sound is different it is not a real coin. If your coin passes all three tests you may have a real coin and it should be submitted to a recognized grading service. You might just be the owner of the second double sided coin in the history of the US Mint. I would be happy to answer your question then as that coin could make you an instant millionaire.
As a fake coin, Leo's 1980 Philadelphia Mint Kennedy Half Dollar is worth about $2.00 as a keepsake, but has no value to a coin collector. I hope I have answered this question for all those double headed and double tailed coins.
Larry Smith is an avid coin collector and metal detector enthusiast. He's been collecting coins for over 50 years. Larry is giving away his ebook, "Coin Collecting With The Home Town Advantage" FREE for a limited time. You can get your copy and start building (or expanding) your own collection right now.
Get the ebook (and TONS of other great FREE content) by visiting his blog now:
http://MetalDetectorForCoinCollecting.com/free-report
How to Work With Coin Dealers
Many people have been unfortunate enough to buy a coin and then find out that they are in possession of a fake. These things happen to the best of us. The first person in our line of attack is unfortunately our coin dealers. Whether they have been our dealers for years or this was the first transaction, the wrath they incur is something else all together.
This does not always mean that your coin dealer is in the habit of selling fake coins. There are very many dealers who have handled dud coins and not known it. Sometimes even the best and most experienced of dealers have been duped with forgeries that almost as good as the real thing. Only a few dealers can tell fakes from the real coins, especially when a lot of work has been done to recreate the coin.
Grading services are provided to coin collectors and dealers to be able to differentiate between real and fake coins. Well, they are there to provide you with an estimate cost of your coin and also to determine the state of the coin. The most reliable grading service is provided or offered by PCGS. Most coin dealers and collectors find that they do the best work. They are the most conservative and have been around for a long time. There are some two timing graders though, who will allow some things to slip by with no word at all.
The next question is, will the dealer compensate you after you found out it’s a fake? I think that it all depends on the dealer and the solvency of their dealership and the good faith of your dealer.
About the Author
Peter Gitundu Researches And Reports On Coins. For more information on Coin Dealers, Visit His Site At COIN DEALERS
where can I buy real authentic silver coins ? ?
can anyone tell me a good online site where i can buy a authentic real sivler coin ? anyone has idea about silver coin collection thanks
www.usmint.gov
www.monex.com
www.bulliondirect.com
www.bullion.nwtmint.com
INDEPENDENT VIEWPOINT
Newsletter Writer Ron Struthers predicts America will face a whole new set of debt problems at the state level and recommends investors fortify their portfolios with physical gold and cash. Gold Report interview.
Thanks for visiting!
