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Insights Into Dollar Coin Collecting

When it concerns dollar coin collecting there are so many options available that you would be hard pressed to identify the better dollar coins that are worth collecting. For one, the Flowing Hair Dollar, an original and silver dollar that was made in only the second year after the start of US Mint operations was available in limited numbers with them being produced only for a couple of years and which totaled about one hundred and sixty-two thousand coins in all. It was later replaced with the Bust Dollar that was minted in the middle of 1795. However, the Flowing Hair dollar is much sought after and its value too is very, very high.

Dollar Coin Collecting: Draped Dollar

The Draped Dollar that was minted between 1795 and 1803 had a number of varieties as well as errors in them and it is also a dollar coin that is worthy of being added to any dollar coin collection. There were just nineteen thousand five hundred and seventy such coins minted and the last of them was minted in the year 1803. The salient point about this dollar coin is that it is considered as being the most important of all dollar coins ever minted.

The popularity of the Draped Dollar cannot be denied though this popularity has led to many copies being made of it, most notably in China and so if you are considering buying these and adding them to dollar coin collections then you should only buy them from reputable and recognized coin dealers.

Another useful dollar coin that lends it well to dollar coin collecting is the Gobrecht Dollar that was minted after the 1831 exit of silver dollar coins. This is an expensive dollar coin, especially the 1836 version.

The Seated Liberty dollar coins are more in number than the Gobrecht Dollar and these 1840 born coins are worth in your collection. The Seated Liberty Dollar remained in existence till the year 1853 after which this dollar coin was used for trading with China and then the minting of this coin was finally stopped in the year 1870.

The US Congress found it appropriate to mint coins that commemorated each US President as well as their spouses. So, when it comes to Presidential dollar coin collecting, you need to be on your toes to ensure that you are able to purchase one or all or some of the four different Presidential Dollar designs that are being minted each year and through till the year 2016. These Presidential Dollar coins are only being minted in limited numbers and each will come out in intervals of thirteen weeks.

However if you are coin collection enthusiast then you may opt for Mexican coin collecting, Canadian coin collecting or even any foreign coin collecting adventure in addition to Dollar Coin Collecting.

This entry was posted on Friday, July 3rd, 2009 at 10:09 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.