coins
coins

It is quite difficult for the retail investor to look for something secure to guarantee their capital let alone show a return on their investment in today’s sammlermuenzen troubled economy. In addition, many people are certainly thinking about investing in companies that may not be around for a year. Silver coins are an option to consider. One of the most popular silver coins among American investors is the Walking Liberty Half Dollar.

The half dollar was minted from 1916 to 1947 and is considered the second most popular silver coin ever minted by the US Mint. At the time of writing, a fifty piece in circulation usually sells for $6.5. This is a modest investment and affordable for almost everyone. The Walking Liberty Half Dollar is second only to the Morgan Dollar in terms of popularity. Like all silver coins minted in the United States, these half dollars were minted with a composition of 90% silver and 10% copper.

Dimes and quarters

Total silver content was 0.36169 oz, there is a small weight loss due to wear depending on the mintage. An important fact to remember is that all pre-1965 half dollars, including the Walking Liberty coin, usually have higher premiums than dimes and quarters. This is due to the fact that these tend to be less worn than dimes and quarters.

Consequently, dimes yield more ounces when melted. When silver prices are low, a few extra ounces may not mean much, but when silver prices are rising significantly like they are now, the extra ounces become more important financially.

What makes it a coin instead of a round?

Many coin collectors only collect coins. Rounds and bars are just not acceptable to them. So what makes a round or bar-shaped piece of metal a legitimate coin?

Generally, coins are legal tender, produced by or on behalf of a legitimate nation, and bear a denomination of that government’s currency that is legal tender. Anyone can make a turn, but only one nation can authorize the production of a coin. This seems to imply that if the piece of metal bears a country’s name and is stamped with a denomination of that country’s currency, then it must be a coin. Unfortunately, it’s much more complex than that.

Economies Of Small Countries

Collectible coins are important to the economies of many small countries. Coins are made by large mints for many small nations. The Perth Mint produces coins for Tuvalu and the Cook Islands. New Zealand makes coins for a variety of small nations, including some for the Cook Islands. These are collectible coins, often colored, housed in cases and accompanied by certificates of authenticity. A variety of coins are produced for each of these nations, and mintage is often small to ensure high demand. This is reflected in high prices. Remember that the coin also makes money from these coins.

Authenticity

But then there are places like Palau. Palau is actually a United States possession but has an economic need to sell collector coins. So Palau issued a series of metal discs that actually have an inscription stamped on them. Unfortunately, Palau uses United States currency and has no authority to issue its own money. So, technically, Palau “coins” are really just rounds. They can be minted in precious metal, colored like the coins of many small nations, and kept in showcases. They may even be accompanied by certificates of authenticity. But although they are authorized by a nation, bear a face value, and appear like coins, they are not. Palau isn’t the only small entity making coin-like rounds. Others also use this source of income.

INDEPENDENCE FROM AUSTRALIA

Now consider the Hutt River Providence in Australia. This micronation has actually declared its independence from Australia, operates its own mint and produces legitimate currency. Some coins are intended as collectors coins, but unlike Palau, these are real coins.

A Denomination

So if it’s a small nation that has its name on a piece muenzen sammeln of metal and uses a denomination, the nation may have authorized a legitimate coin, but it doesn’t have to. Coin collectors who collect coins from small nations of the world need to do some research before accepting what appears to be a coin as a real coin, or decide they really don’t care.