Introduction:
Collecting rare coins is a passion shared by many enthusiasts, from seasoned collectors to newcomers in the hobby. However, not all rare coins are created equal in terms of value, historical significance, and desirability. To help guide collectors on their numismatic journey, experts have weighed in on the best and worst rare coins to collect. In this article, we will explore a selection of coins recommended by experts as well as coins that collectors should approach with caution.
The Best Rare Coins to Collect:
- 1909-S VDB Lincoln Cent: The 1909-S VDB Lincoln Cent is a highly coveted coin due to its historical importance and limited mintage. Designed by Victor David Brenner, this penny features his initials, “VDB,” on the reverse. It holds both numismatic and cultural significance, making it a top choice among collectors.
- 1883 “No Cents” Liberty Nickel: The 1883 “No Cents” Liberty Nickel is a distinctive coin that does not bear the word “cents” on its obverse. This coin provides a fascinating glimpse into the transition period when the denomination was temporarily omitted. Its scarcity and unique design make it highly sought after.
- 1796 Draped Bust Quarter: The 1796 Draped Bust Quarter is an early American coin that holds immense historical significance. With a limited mintage and beautiful design, this quarter is a prized possession for collectors of early American coinage.
- 1938-D Walking Liberty Half Dollar: The 1938-D Walking Liberty Half Dollar is considered one of the key dates in the series. Known for its exquisite design, this coin captures the artistry and craftsmanship of the time. Its scarcity and aesthetic appeal make it a favorite among collectors.
- 1916-D Mercury Dime: The 1916-D Mercury Dime is a highly sought-after coin due to its low mintage and the popularity of the Mercury Dime series. Collectors appreciate its beauty and historical significance as one of the first-year issues of this iconic dime series.
Other Types of Coins Worth Collecting: Aside from the specific coins mentioned above, there are various other types of coins that are worth collecting. These include rare dates and mintmarks within coin series, coins with significant errors or varieties, and coins with unique historical context or commemorative themes. Collectors often specialize in specific areas of interest, such as ancient coins, world coins, or specific U.S. coin series.
Coins to Avoid: While rare coins can be fascinating to collect, there are certain types of coins that experts suggest collectors should avoid. These include:
- Cleaned Coins: Coins that have been cleaned or altered in an attempt to enhance their appearance should be avoided. Such cleaning methods can damage the coin’s surface and diminish its numismatic value.
- Colorized Coins: Colorized coins, where the original design is altered with added colors, are generally not favored among serious collectors. These modifications can detract from the coin’s originality and historical authenticity.
- Gold Plated Coins: Coins that have been gold plated, often as a decorative or novelty item, do not hold significant numismatic value. The plating process can alter the coin’s weight and appearance, reducing its collectible worth.
Conclusion:
When it comes to collecting rare coins, expert guidance can be invaluable. The 1909-S VDB Lincoln Cent, 1883 “No Cents” Liberty Nickel, and 1796 Draped Bust Quarter are among the coins highly recommended by experts for their historical importance and desirability. However, collectors should exercise caution when considering cleaned coins, colorized coins, and gold plated coins, as these modifications can diminish the value and authenticity of the coins. Remember, thorough research and consultation with experts are essential to ensure a rewarding and successful rare coin collecting experience.
