Buy Rare Coins: What You Need To Know
Buy rare coins – what’s the secret to doing so successfully? Well, buying rare coins UK wide is similar to creating any other type of collection. You’ll find that you can do it in a rather simple manner – just purely collecting for your own interest – or you can absorb yourself in the nuances and lingo that comes with any pastime. So you’ll find terms such as ‘mintage’, ‘circulated’, ‘uncirculated’ and ‘restruck’. In this small guide, we’ll go over some of the essential things – and words – you need to know if you want to successfully build up a collection of rare coins.
Rare UK Coins In Circulation Vs Uncirculated
Two terms that you must understand the difference between if you are building up a collection of British rare collectable coins are rare UK coins in circulation and rare coins that are uncirculated. On the very basic level of judging by eye, an uncirculated coin will tend to be shinier and have fewer scratches than its circulated counterparts. The reason is that circulated coins have been used as legal tender over the years; whereas uncirculated coins will not have made it into public use, and will not therefore have been handed over repeatedly for purchasing goods and services. So how does that make one shinier and have less wear? Well, if you think about it, it does make sense. Uncirculated coins show no wear because they haven’t been thrown among piles of other coins, shoved into purses or wallets or otherwise subjected to daily use – so haven’t had the same chance of being scratched. Their pristine appearance makes them very special and, as a result, highly desirable to collectors. The process of rating a coin’s condition depending on the amount of wear and tear it displays is called ‘grading’. But there are other things that can and will affect a coin’s value. This can include factors such as the year it was minted, the mint mark on it, and whether it has any other distinguishing or rare characteristics, such as a flaw or error in the minting process.
Where To Buy Rare Coins?
When people are looking at where to buy rare coins, it is easy to fall into the trap of going with the first coin dealer that you find or hear of. Often, for a lot of people, this can be through TV adverts – and often there is the incentive of a ‘free gift’. However, it is wise to remember that many of these firms will also provide major mark-ups on their prices. Once you take the ‘free gift’ out of the equation, you will very often realise that you will lose out in the longer term. Also, there is an obvious temptation to take advantage of online auction websites for coins. While this is fine if you can confirm to your own satisfaction that the seller is trustworthy, there are plenty of others out there who may have cleverly manipulated the product description so that you buy something different from what you intended. So when it comes to looking for rare British coins for sale, your best bet is to go with a trusted numismatist. One such dealer from whom you can buy rare coins is Exclusive Coins – a small dealer with a loyal following. Founder Matthew Barber specialises in the collection of unique coins that have a certain aesthetic beauty. He also uses his experience in coins and his contact network to bring a very worthwhile and impressive numismatic collection to your monitor and, indeed, to your doorstep. He also prides himself on the ability to provide sincere, reliable grading.
Buy Rare Coins From Exclusive Coins
So if you’re in the market to buy rare coins, then come to a dealer who you can trust and who will always put customer satisfaction first. Exclusive Coins offer a range of rare coins UK wide – including rare gold coins, silver proof coins, sovereigns, slabbed coins and even beautifully presented coin cases to safely store your collection in. To see the full collection, which is always being updated and revised, visit http://www.exclusivecoins.co.uk/. And if you’d like some more reassurance on an item or about Exclusive Coins, you can email us at email@example.com or phone us on 0800 978 8542.