Collecting Coins - For Fun And Profit
With the value of paper currency going down because of the US Dollar financial crisis - it's good to know that REAL money, like coins (especially gold and silver ones) - are going UP in value.
This lense will give you the information you need to know to start making money from one of the world's most enjoyable hobbies - coin collecting!
This lense will give you the information you need to know to start making money from one of the world's most enjoyable hobbies - coin collecting!
How To Get Started
Get The Information You Need First
While the market for rare coins, especially gold and silver coins, (like the Morgan Dollar), is very volatile right now, you should still familiarize yourself with the market.
The best way is to get copies of the most current price guides for US coin values. You should also get a book that shows you how to grade coins, as their value is highly dependent on how "new" they still look.
For strictly investment purpose, you should also familiarize yourself with BULLION coins, which are valued for the precious metal content as opposed to their rarity.
You should also get as much information as you can about the best companies to buy and sell your coins and bullion with. That makes it easier to make money quickly when the price rises.
The best way is to get copies of the most current price guides for US coin values. You should also get a book that shows you how to grade coins, as their value is highly dependent on how "new" they still look.
For strictly investment purpose, you should also familiarize yourself with BULLION coins, which are valued for the precious metal content as opposed to their rarity.
You should also get as much information as you can about the best companies to buy and sell your coins and bullion with. That makes it easier to make money quickly when the price rises.
Alternatives To Coin Collecting
You Can Profit From Changes In Metals Values By Trading Online Too
These Programs Automatically Trade Metals, Currencies and Other Stocks For You. Let your computer do all the work and make money automatically for you.
- Forex Killer
- Visit This Site For Details On Letting Your Computer Trade Currencies For You
- Stock Trading Robot
- Visit This Site For Details On Letting Your Computer Trade Stocks For You
Collectible Coin Guides
Here are the top books at Amazon for familiarizing your self with rare coins and their values.
2010 North American Coins & Prices: A Guide to U.S., Canadian and Mexican Coins (North American Coins and Prices)
Amazon Price: $13.59 (as of 12/18/2009) 
2007 North American Coins & Prices: A Guide to U.S., Canadian and Mexican Coins (North American Coins and Prices)
Amazon Price: $19.99 (as of 12/18/2009)
2000 North American Coins & Prices: A Guide to U.S., Canadian and Mexican Coins (North American Coins and Prices, 2000)
Amazon Price: $13.22 (as of 12/18/2009)
Morgan Dollars On eBay
Current Morgan Dollar Auctions On eBay
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