Collecting Coin,Tokens,Medals
Hi fellow collectors . I'm writing this today basic simple collecting. Why? Why do we do it? Why do we spend money to buy money? Some do it for an investment maybe an I.R.A. Some do it simply because we like it. That's me.I like it . Because not only is this hobby enjoyable it's interesting. We have a saying at the ANA. knowledge is power. I be live that four year of college I have learned more about world history and our history researching what I collect. Everything tells a story. I look down at a coin or token I want to know why it was made were when and how. Now our coinage it's history compared to the rest of the world is short but just as interesting. Tokens tell a different story. They tell of survival saving a country a family that needed food during war and had financial times. Most collectors go for coins I still do. But tokens I feel get a raw deal. I saw a Brutish tokens It came the Social and political series in MS 61 well it sold for twenty seven thousand dollars it was of George Washington. One of the grading company's graded One MS 66 same of George Washington marked best of kind. Now I called an auction house in England were i was told that could sell for sixty thousand that was Baldwin's Basement now Baldwin's St. James. It has changed hands why mintage and it's beautiful. But saditily it's only a token. Yes one they wished they owned. The civil war tokens saved the feet of soldiers food for there family back home. Just tokens. Some go for tens of thousands. Coins come with the same prices but that's because of mintage when it was made and by who nothing wrong with that. Especially when it was made here. By a St Gaudins or a Morgan or Barber. I'm not writing telling anyone what to collect. That's a golden rule we collect what we like what brings us enjoyment. I'm into detail and workmanship rarity condition. Spanish coins were legal tender during the fight for Independence. Reals, all different denominations. Soldiers had to be paid. They would send it home. Some were made by a die sinker named Suttler. He sold the less than a mile from the battlefield and both confederate and the army of the Platonic bought at the same time. They bought what they like and I encourage you to by what you like. If your buying to flip them that's easy your not a collector. A collector collects to own. Then one day it comes to all of us it's time to make that decision. Does it go to the kids or the family or do you sell it. It's a tough one mine is already in my will my boys will get it all but one set. The Kempson Coventry set will go to Heritage and the money to the wife. So I touched on a few things. I hope you enjoyed it. If not I can take it. When your my age you have heard it all. Take care keep collecting Mike.
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