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When it comes to hand lenses, four or five powers of magnification seem to be the norm for many collectors. At these powers, an entire coin may be viewed all at once, which is especially useful when grading. Nevertheless, unless you are an experienced numismatist, you will not be able to see characteristics such as metal flow, die doubling, and counterfeit diagnostics on many coins when using minimal magnification. The micrograph shows the head detail of a genuine 1861-O CSA Obverse Seated half dollar. This view is close to what you would expect to see when using a 10� hand lens.
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A bad investment are "spurious set" coins. This is another popular TV shopping show product, plus they're found in magazines and swap meets quite often. "Spurious sets," by my definition, are sets that are put together out of lower grade and/or common coins according to some kind of theme. The coins are usually placed in fancy plastic holders, with nice quality packaging, and then you pay $38.99 for a set of five coins that are worth $2.99 just because they were all minted during World War II, or the Vietnam War, or because they're from around the world and commemorate Marilyn Monroe or some sort of cartoon characters. Such coins are usually genuine, and will probably appreciate in value, but they probably won't be worth what you paid for them anytime during the next five generations! These are a favorite of dealers like Littleton.
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A set of high-magnification hand lenses is an invaluable tool for numismatists. However, magnification of 10� and up is only recommended for spotting signs of counterfeiting. Skip Fazzari offers these tips and more.
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Make sure to store your coins in a very safe place. You've worked so hard to own your diversified collection of gold coins. The last thing you want to happen is lose your collection due to fire, theft, or some other unforeseen issue. Make sure to store your coins in a very safe place so you can sleep sound at night knowing your assets are protected. I highly recommend a safe deposit box at your local bank. Also, there are third party safe houses that specialize in storing gold and precious metals. Taking the diversification theme to the next level, why not spread your collection (once it gets big enough to warrant doing so) among multiple safe deposit boxes and locations. You'll sleep better and night knowing your collection is safe and sound through a diversified storage strategy!
Buy silver dollars for a great investment.
all the us coins and paper money News From Around The World
New Book Teaches Techniques and Tips on How to Photograph Coins
Here's a press release I received from Zyrus on a new book coming out in July.
2. What is the monetary unit of Austria?
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