Coin collecting is a fun hobby that anyone who has the time can do. A coins history and its development can be learned by collecting them.
At one point in time, between 1838 and1933, the United States issued gold coins for circulation. The Liberty Head bust was used as the design until 1907. The design was then changed to the Indian Head and Saint Gaudens motifs until 1933 when the Great Depression started. This prompted the recall of the coins which makes it very rare to find any of them today.
The most valuable coin in the world is the 1933 Double Eagle. This was a $20 gold coin that was made in the 1800s after the California gold rush. This coin was not allowed to be used in the 1930s and when this coin was auctioned in 2002, it sold for nearly eight million dollars.
Since gold coins are hard to find, most collectors select other coins.
One type of collection you might consider is the one made up of coins that are flawed when the coin was minted. If you can find a coin with a misspelled word, a wrong date, off-center characteristics, or double-punched marks, these coins are valuable. Such mistakes can increase a coins value from $50 to a...
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