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3 famous coins coveted by coin collectors

3 famous coins coveted by coin collectors

Whether you are an enthusiastic numismatic or a novice, or whether you are into American numismatics, world coins, bullion or ancients, there are probably certain coins that are you covet than all coins. There are some coins that are the crème de la crème in the world of numismatics. Not only are they significant in terms of their value, but these coins are quite rare. Each of these coins have interesting stories attached to them, which adds to their value. Avid coin collectors covet these coins not only for their artistic value, but also for their historical significance. It is quite interesting to note that all these coins are worth more than their face value. 1955/55 Doubled Die Lincoln Cent This coin is an error coin. Nonetheless, keen Lincoln penny collectors have an avid interest in this coin. This coin was the result of a simple error during minting. While minting this coin, the United States Mint used a coin die that had two impressions that were offset from each other. After minting, a batch of this coin (about 20,000 to 24,000 coins) were mixed with a batch of correctly minted coins. Since, it was not worth melting the whole batch of pennies, the mint decided to keep the doubled die cent in circulation.
Here’s how coin collecting can benefit you

Here’s how coin collecting can benefit you

We all know coin collection is a hobby among many and started back in the fourteenth century by the members of elite groups and royal families. However, gradually this hobby started getting popular even among the middle class with the rising availability and interest in history, symbolism and art. There are a lot of reasons for starting this hobby. Also, there are many benefits and advantages of collecting coins as a hobby. Many hobbyists have confirmed that soon after they took up collecting coins, they see lot of changes in them. Let’s talk about these changes and the improving mental health from collecting coins. Hobby of kings Back in the 14th century, this hobby was not popular among all classes. Only the rich and royal families could afford to have this as a hobby. But today, everybody can develop it, and despite the commonness, it’s referred to as the hobby of kings. You will always get the rich and royal feeling if or once you develop this hobby. Increases your knowledge It’s true. The more you collect, the more you inquire about the background of the coin and get deep in the history. One piece of information that you find will lead to another, leaving you highly informed about a lot of things from history to the present.