What's a numismatic coin ?

AValde

I was just leading a simple life, selling goats milk for wheat and tacos. After plunking down a fortune, I have come across this article. Makes me wonder, "what is the ultimate truth", if there is any. Everything is easily contradicted.

WHAT'S A NUMISMATIC COIN?

LovethoseIndians

According to Franklin Sanders we should all sell our coins now given the present economy...I'll hedge and hold all mine for now though

AValde

Myths and Lies

LovethoseIndians

There is some good advice in that article

abuell

Yawn, yawn, yawn. That's why I collect copper. Rather valuable, undeniably rare copper, the values of which are completely supported by a collector, rather than an investor, hypster or telemarketer base.

Russ

I don't suppose those two sites have an agenda?

Russ, NCNE

AValde

<< <i> I don't suppose those two sites have an agenda? >>



Everybody has an agenda. What I find startling is the fact that there are 100 million st.gaudens and liberties in European lockers waiting to be unloaded.

Russ

<< <i>What I find startling is the fact that there are 100 million st.gaudens and liberties in European lockers waiting to be unloaded. >>



That's not a "fact". It's speculation on the part of the author.

Russ, NCNE

dollardude

A coin that's been marked up above greysheet bid!

bigapplecoins

Numismatic coins are collectible coins valued for their history, rarity, or design. Collectors like these coins for their art and stories. If you like numismatic coins, basically the meaning of numismatic is that people who collect old and rare coins, who show interest in old coins. If you want to know more about numismatic coins you can also visit Big Apple Coins.

jmlanzaf

Bump for posterity. Zombie thread alert

jmlanzaf

@bigapplecoins said:
Numismatic coins are collectible coins valued for their history, rarity, or design. Collectors like these coins for their art and stories. If you like numismatic coins, basically the meaning of numismatic is that people who collect old and rare coins, who show interest in old coins. If you want to know more about numismatic coins you can also visit Big Apple Coins.

Glad the OP finally got an answer after 20 years.

JBK

@bigapplecoins said:
Numismatic coins are collectible coins valued for their history, rarity, or design. Collectors like these coins for their art and stories. If you like numismatic coins, basically the meaning of numismatic is that people who collect old and rare coins, who show interest in old coins. If you want to know more about numismatic coins you can also visit Big Apple Coins.

Is that the same Big Apple Coins that was formerly known as "Cash 4 Coins"?

Anyway, thanks for resurrecting a 20 year old thread just so you could get a plug in for your business.

Sapyx

I would reject the necromancer's assertion.

"Numismatics" is defined as the study of coins (and things related to coins). It therefore follows that the adjective is applied to the study, not the coins themselves. In other words, any coin - even a corroded carpark find - can become a "numismatic coin", if someone studies it. And even coins "valued for their history, rarity, or design" can become non-numismatic, if they just sit in a coin dealer's display or investor's portfolio for decades and no-one ever actually looks at them.

MFeld

I think of “numismatic coins” as those that are other than “bullion coins” - due to their scarcity and/or desirability, they have value beyond their precious metal content.

MedalCollector

I reject the premise of your question!