How To Choose A Theme For Your Coin Collection
June 17, 2022 (Investorideas.com Newswire) Known as the hobby of kings, coin collecting was a pastime of the affluent in ancient times. And because only those who could afford it could indulge in the activity, it was considered the pursuit of the aficionado.
The first coin collectors were found to live in the Italian Renaissance era. It's believed that the Roman Emperor Augustus loved collecting foreign coins to gift to his friends and use as a means of trade negotiation.
Though many have used the term numismatics to refer to coin collecting, this branch of science has evolved into more divisions and studies. Today, it's divided into three categories:
- Notaphily: The collection of paper money.
- Exonumia: The collection of tokens and medals.
- Scripophily: The collection of securities, bonds, and stock certificates.
If you wish to start your journey into the world of numismatics, it could be confusing where to begin. These are the themes you can choose from:
1. Movie Replica Coins
Unique and rare coins are created to celebrate great movies. Though the coins don't have monetary value, their existence celebrates the value and novelty of artistic creation.
Some of the rarest and most sought-after movie replica coins are the following:
- Pirates of the Caribbean Aztec coins
- John Wick underworld coins
- Batman Forever Two-Face coin
- Jurassic Park Mr. DNA limited edition collectible coin
- Jaws 45th Anniversary collectible coin
- Star Wars The Faces of the Empire Imperial Patrol Trooper 1 oz silver coin
Movie replica coins are created to celebrate a movie's anniversary and usually come in an elegant case or box so you can display them in your collectible display case. Typically, the prices of these collectibles rake in hundreds or even thousands of dollars over time.
Hence, keeping them in mint condition is essential for many coin collectors. If you wish to acquire pieces of these rare items, check out Star Wars collectable in New Zealand.
2. Collecting By Country
This is probably the most common theme that you'll encounter among coin collectors. When one travels, it's expected that you keep mementos of your experience. And usually, instead of buying souvenirs, travellers collect coins from each country they've visited. This also serves as proof of your visit to that country apart from the stamp on your passport.
On the other hand, each country has its own rich traditions and culture embodied on a coin. It's also nice to be able to tell the story behind this collection.
3. Beauty In Irregularities
In the olden days, before the birth of technology, the production of coins was done manually. However, even with mechanical equipment, the production of coins can still produce errors and defects. Many coin collectors have found joy in collecting coins with irregularities.
They would be on the lookout for coins with the following:
- Planchet Errors
Planchets are the blanks used to make the coin. And there are instances when planchets are chipped, have the wrong shape or thickness, or are sometimes blank.
- Die Errors
Dies impart the lettering and images on the coin, and different dies are used for the head and tail side of the coin. There'll be instances when one side is already imparted and will be imparted again, resulting in errors such as the Lincoln coin that was double-punched.
- Strike Errors
When the design of the die is impressed onto the coin, it's usually done using a heavy tool. Sometimes, strikes are off-centre or misaligned, causing irregularities.
You need to remember that the value of irregularly shaped coins can only be considered if the error was made during minting and not when the coin is already in circulation.
4. Collecting By Design
Coins that have a unique design are a special kind to collect. Some countries produce coins that have a hole in the middle. Meanwhile, some have an irregular shape, like the horseshoe-shaped coin from Palau, the lion-shaped coin from the Solomon Islands, the George Washington-shaped coin from Fiji, and the guitar-shaped coin from Somalia.
These coins are one of a kind, and their bizarre shape is something every coin collector will be proud to display.
5. Royalty Coins
Royal families celebrate big occasions by minting coins to commemorate events and achievements. For instance, the British monarchy recently minted a coin to mark the historic 95th birthday of Queen Elizabeth. This monumental milestone is something to be celebrated and remembered, as it proves her resilience and wonderful long life.
The valuable coin holds the inscription 'my heart and my devotion.' It's Queen Elizabeth's promise to her country, which she uttered in a speech in 1957.
The joy of collecting a rare item is something only a committed collector may understand. The exhilarating feeling of knowing you've completed a quest and are now on a new treasure hunt is an accomplishment for many collectors.
Whether you're doing it for your satisfaction or considering it an investment for the future, the happiness of collecting is a rewarding experience.
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