All Posts in Coins & Currency
With the world’s economy proving unreliable and markets fluctuating faster than ever, more and more entrepreneurs are turning to gold as the ultimate investment. Gold has been one of the oldest mediums of international exchange and a means to store wealth that will help increase and preserve a nation’s power.
Whether you perceive the coin collection as an investment or simply as a pastime, sooner or later the number of bullions as well as their overall value will increase to a substantial amount. In turn, this entails that – as a responsible collector – you need to be prepared for their potential loss, be it accidental, theft related or purposely inflicted by a third party.
The importance of taking good care of your coins and ensuring the integrity of your collection cannot be stressed enough. However, sometimes irrespective of how carefully you handle your valuable bullions during inspection and cleaning, the ordinary wear and tear will eventually take its toll on your precious collection.
While some view coin cleaning as downright irreverence to the trade, others consider that washing them might not be such a bad idea, especially if you are careful and use gentle cleaners.
Without a doubt, collecting paper currency is more rewarding and captivating – especially from the historical point of view – compared to coins. However, most numismatics prefer metal over paper currency for a good reason, namely that storing and preserving paper is a lot more difficult.
Well, for most people, the noisy loose change in their pockets is nothing more than quarters, pennies, dimes and nickels. Another way of looking at coins implies perceiving these items as little pieces of history, works of art and a mirror reflecting how things used to be.