Discover A Finely Tuned Coin Collecting Market
Discover A Finely Tuned Coin Collecting Market
The market for U.S. coins is without a doubt the largest and strongest coin market in the world, and a tremendous amount of good information is available for the beginning collector. All U.S. coin series have been extensively researched and have published guides, allowing a new collector to enter the market without any knowledge and quickly become nearly as well-read on any numismatic subject as any seasoned collector.
In terms of pricing, the U.S. market is a fine-tuned machine. Most common U.S. coins have buy and sell prices that are so close to each other that collectors can get in and out of the market with relative ease and little expense. Several different guides track and set prices at both the wholesale and retail levels price guides are even available on the Internet.
The grading of U.S. coins has been elevated to a degree of sophistication seen nowhere else in the world. The 70-point grading system allows for fine differences in most grades, especially those at the top end of the scale where attention is the greatest. The rise of third-party certification and grading services has added a certain amount of standardization to an area of the market formerly subject to widespread abuse and manipulation.
Many markets exist for U.S. coins, making buying and selling coins an easy prospect, even for those with a do-it-yourself mentality. From coin dealers to coin shows to major auctions, collectors and dealers have quick, easy, and frequent access to major markets. The Internet and online auctions bring the coin markets and millions of collectors to your home. Many dealers who once struggled to stay in business are now thriving with sales through the Internet. Today, collectors can sort through thousands of coins offered by hundreds of dealers. When they find a coin they like, they can view a digital image, make their selection, pay with a credit card, and wait for their coin to arrive. And as long as you purchase the coins from a reputable source, and the coins have been certified by one of the two major grading services, what could be safer or more convenient?
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