What To Look For When Buying Silver Coins And Antique Coins : Well updated ;)

Coinage is an ancient form of money transfer. A coin is simply a small flat, circular piece of plastic or metal used mostly as a legal tender or medium of exchange. 


They are normally produced in large amounts at a central mint to facilitate economic trade. They are usually issued by an issuing government to be put into circulation. Most coins have pictures, numeric, or written on them.

earliest known coinage

The earliest known coinage was made from gold, though silver and platinum also became commonplace in the history of coinage. 

Gold coins were issued by governments and were the only form of currency in use prior to the establishment of the Federal Reserve in 1913. Silver and platinum coins were issued by private mints, but until recently, copper was the only metal used in the production of coins. 

Modern coinage is produced from ? 

Modern coinage today is produced from a wide variety of different chemical elements. 

  1. Copper, 
  2. nickel, 
  3. rhodium, 
  4. selenium, 
  5. zinc, 
  6. aluminum, and 
  7. copper 

all produce coins that are considered valuable in comparison to gold and silver.

What does most common types of coinage include

One of the most common types of coinage includes commemorative, half-dollars, biguanide, and numismatic coins. Commemorative coins are produced by the minting of a small quantity of money similar to a commemorative stamp. 

They may commemorate a popular person, an anniversary, a new country, or a religious event.

What is Biguanic coinage ? 

Biguanic coinage, often called cupronickel, is produced from small masses of gold or silver. Often these are issued for favored children, political figures, athletes, or ethnic groups. 

The design and mintage of these types of coins are very limited. They are usually accompanied by a certificate of authenticity. This type of coinage usually contains one of two types of alloy: silver or copper.

cupronickel : 

The next type of alloy is sometimes called cupronickel but is made from extremely low amounts of the metallic alloy. 

These types of coins have very poor appeal and are rare. Copper alloy coins are usually minted for monetary value and do not carry any other design or inscription on their surface. These types of coins are called plated coins.

Copper & silver variety coins 

The fourth variety is made from pure copper or silver, which is highly reactive, has low tarnish build-up, and is highly resistant to corrosion. 

This type of coinage is very durable, strong, attractive, appealing, and highly valuable. It is commonly incorporated with other metallic chemical elements. 

This type of coinage is also known as an alloy. This type of coinage is the most common, because it is most often used as legal money.

The fifth variety is made from pure copper or silver, which is highly reactive, has low tarnish build-up, and is highly resistant to corrosion. It was first issued during the Second World War. 

This type of coin was first issued in a number of countries, beginning with the United States. It is used primarily for commemorative purposes. 

It was also used during the Peace Times as payment for overseas bravery tributes. The earliest examples of circulated coins were of German issue, but after that time, most of the issuing countries switched to a new alloy.

purchasing coins for investment

Copper, nickel, cobalt, selenium, nickel, zinc, and brass alloys can be used for circulated coins. You must carefully determine the alloy that your coins are composed of before you commit to purchasing coins for investment. 

Coin dealers can give you guidance as to the metals to use. It is a good idea to research thoroughly the various types of alloys before you decide on a particular metal.

Study periodic table before purchase 

If you are not sure of the composition of the coinage metals, you can purchase a periodic table from a dealer and study the properties of each one. 

A periodic table lists the alloys that react differently to conditions under controlled conditions. You can learn about the properties of your metals before you commit to buying coins for investment. 

If you buy coins based on a periodic table, you will be more likely to get what you want. If you don't study the periodic table, you may purchase an alloy that does not match your needs.

Some common alloys found in coinage include silver, gold, copper, zinc, tin, lead, copper, platinum, and silver plated. Coin dealers can explain to you how to interpret the various properties of the various coinages. 

Knowing the composition of the metal before you buy it makes it easier to select a quality coin when you discover that it contains the alloys that match your needs.

Presence of nickel in coins 

Nickel is commonly found in silver and gold alloys. Its price is always higher than that of other alloys. In addition, the nickel content of coins increases with age. 

Unlike silver, gold does not lose its nickel value with age and can increase its value significantly. You can find good quality, rare pieces by looking in coin stores and collecting newsletters or by looking on the Internet.

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