Guide to collecting semi numismatic coins
In order to start off you need to know what numismatic means.Numismatics is the study and collecting of all accepted forms of money including coins and paper currency, and can also extend to the collection of medals.
In fact, the word ‘numismatic’ means ‘of coins’, and the usage of the word can be traced back to Latin and Greek, referring to coins and the custom of using such coins. A numismatic coin is a coin whose value or price depends more on its date, condition, rarity value, connection to history, aesthetic attraction and mint mark of the coin, than its face value.
Since precious metals coins have been the main form of money through the majority of monetary history, numismatics is often synonymous with the collection of and study of precious metals coin.
A semi-numismatic coin is a coin whose value partially derives from its numismatic value and partially from its bullion value. The coin’s premium will be between the low premium of a normal bullion coin and the potentially very high premium on a certified and graded numismatic coin.
The U.S. and most countries around the world have a long history of minting gold and silver coinage and was a central part of the gold standard during the 19th and 20th century.
Therefore for investors and collectors who are interested in semi-numismatic coins there is a wide range of options. In the U.S. some examples of this are the gold or silver eagles coins, and the gold buffalo coin. In the UK and across Europe, and there is an active market internationally for semi-numismatic gold and silver coins that were produced by these countries. Examples of these are in the UK the Britannia, Sovereign and the Queen’s Beast coins which are available in both gold and silver. In Austria you have the Philharmonic coins which also are available in gold and silver. Canada has the Maple Leaf Coins in gold and silver. Australia has the most options in semi numismatic coins with the Perth Mint. They have an array of coin series to choose from the kookaburra, koala, Lunar coins and more. Mexico has the Libertad and China has the panda series. There are many more to list but these are the most recognized coins for semi numismatic. All of the coins above are available in several sizes in gold and some have different sizes in silver but not many of them. The standard weight for a silver coin is one troy ounce. In gold however because of the spot price has many fractional sizes usually starting at 1/10 of an ounce going to 1/4, 1/2, 1 ounce.
This is where i will end this post for now. I will follow up with a more in depth breakdown of semi numismatics shortly.
Here are some of my recent posts including a silver raffle if you are interested.
https://steemit.com/steemsilvergold/@silverd510/rafflingoffabeauty
https://steemit.com/steemsilvergold/@silverd510/treeoflifebar
If you like the content please upvote, resteem, comment and follow....
Thank you
Great read! Thanks for sharing
Thanks Dixie.
I love the info you provided @silverd510, thanks!
How am I supposed to limit (to maximize) my upvote amount per day, when so many people here in #steemsilvergold post so much good content?!?!
Thank you very much. I feel the same way. All i get is bandwidth errors all day.
@silverd510 Nice little post to help people in understanding Numismatics.
Thanks brother. I have a whole bunch of stuff I’m gonna post. Bandwidth errors are killing my mojo....thanks for the view🍺
I tend to buy mainly bullion coins that the design changes every year over ones that don't that are silver and gold i buy the cheapest i can find. being in the uk theres tax on silver but not on gold and even in the eu is the same to get an edge on silver you need to buy coins from germany or a few others countries under a margin scheme. So i do not see a fair market and have to buy from them to get cheapest silver i can at 7% tax rather than 20% is a big saving over time and more ozs to the stack.
You have received an upvote from STAX. Thanks for being a member of the #steemsilvergold community and opting in (if you wish to be removed please follow the link). Please continue to support each other in this great community. To learn more about the #steemsilvergold community and STAX, check this out.
Is that 2oz one of the Queen's beasts?
All the BU Queen’s Beast are 2 Oz.
The Panda series is minted in China. I have a small disagreement about semi-numismatics coins. The Pandas, Kookaburra, Koalas, Queen's Beasts, etc series are semi-numismatics, but Maple Leaf, Britannia, Philharmonic, Silver Eagles and Kangaroo are the five top bullion coins. It is only a small difference in nomenclature...Of course there are several different Maple Leaves and those, not the original one, are semi-numismatic coins.
While i agree to me they are not semi numismatic but that’s how they are classified. If you can send it in for grading then it is. My mistake of the Panda.
Congratulations! Your post has been selected as a daily Steemit truffle! It is listed on rank 8 of all contributions awarded today. You can find the TOP DAILY TRUFFLE PICKS HERE.
I upvoted your contribution because to my mind your post is at least 32 SBD worth and should receive 64 votes. It's now up to the lovely Steemit community to make this come true.
I am
TrufflePig, an Artificial Intelligence Bot that helps minnows and content curators using Machine Learning. If you are curious how I select content, you can find an explanation here!Have a nice day and sincerely yours,
TrufflePig