Did you know, coin collecting was established in the Roman empire as a peace offering?!
A penny, silver dollar, quarter and other forms of currency all hold the present and past! A coin can be collected from decades ago and even from the Roman Empire. This is done with coin collection traders who share their passion for collecting these rare pieces.
This is the history of coin collecting and how to properly handle your collection!
Numismatics is the study of money and the way people have used money throughout history. This also refers to the collection of coins, currency, tokens, paper money, and other objects related to collectors.
The history of numismatics started with Caesar Augustus who collected coins from foreign lands. These were gifts to other leaders to help with trade agreements. Can you imagine? A simple treaty between two countries solved with a few coins from other countries you’ve visited or are now ruling.
Why was this a peace offering? Because money was sacred. With the lack of transportation and little money to offer, the material money was made out of was as prized as the money itself.
Now, numismatists collect a number of coins. Like all hobbies and collections, there will always be a preference for what kind of coin as well as the materials, dates, and countries. These are the top coins that have sold in 2018:
2018-S Reverse Proof silver set
Austrian 25-euro niobium silver
The Poseidon coin
2018 White Horse Coin (now part of a series for till 2020)
2018 Kiangnan Dragon dollar
Royal Australian Mint
2019- Australian New Map of the World- Captain Cook’s Tracks
What makes these modern day coins valuable? The small quantity produced, original packaging, clad material, if the coin is part of a series or collection, and other important factors determine a coin’s value. Whether the coin is from 2018 or the 1900s, you’ll need to make sure to store and correctly take care of your prized pieces.
Whether the coin is an antique or a brand new one, it’s imperative that the piece is taken care of to ensure it will last decades. It’s important to clean and polish your coins before storing them inside a coin designated storage system. The first thing to do is wash your hands. The oil in your hands can hurt the metals. Then grab a small container with hot, soapy water inside and give the coin a good rinse. Next, dry it off completely and store away to keep the item pristine.
When you want to get the coins out to show off, make sure to wear gloves. This is a great option if you can’t wash your hands before touching the pieces. Also, make sure the coin holder is set down and on a soft surface. If the coins are moving around, it could cause scratches.
Depending on the coin, you might want to wear a mask. The moisture from your mouth can cause damage to the coins over time.
No matter the coin, it’s important to properly take care of your collection.