Do you know about - Stamps and Coins - Collecting and Appraising Stamps and Coins
Silver Appraisal! Again, for I know. Ready to share new things that are useful. You and your friends.Before Beanie Babies - Before baseball cards -- Before Barbies -- there were stamps and coins. Stamps and coins still record the largest collecting interest in the world. Everyone has seen, held and used stamps and coins, but not all of us, or our clients, know which stamps and coins are collectible and valuable. Perhaps you have slipped a requisite silver quarter into a Coke motor or licked a rare stamp to send a letter to a friend. Knowing what to look for can keep those requisite items from being used for soda pop and postage.
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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Silver Appraisal.The collectible values of both stamps and coins are based upon the economic law of provide and demand. As you know, provide is the whole of stamps or coins available in the market. Query is the desire to hold, have or own the stamp or coin. The greater the demand, the more requisite an item usually is. The fewer whole of items available (less supply) the greater the value as well.
An appraiser or accumulator can unmistakably recognize the former provide of stamps and coins by researching the quantities produced in most coin and stamp references. For stamps use the Scott Stamp Catalogs -- for coins, try Yeoman's Red Book.
These references recite every U.S. Coin and stamp issued, and list the quantity minted or printed. The quantities produced do not necessarily indicate the whole available today. Stamps are routinely used and discarded. Coins are taken out of circulation as they become worn or lost straight through holes in pants pockets.
But quantity is not necessarily the most leading factor in establishing value. It is the provide of desirable stamps and coins that create those rare headlines: "Penny Worth Ten Thousand Dollars Found in gum machine." The most desirable, and valuable, stamps and coins are usually scarce and in excellent condition
One-cent coins known as "Indian-head" pennies are great examples of provide and demand. They were minted in the U.S. From 1869-1909 and show the profile of a Native American princess on the front (most folks think it's an Indian Chief). In 1876, almost 8 million of these coins were minted. About 6 million were minted in 1878. But in 1877 less than one million pennies were minted. The 1877 pennies are valued at almost 10 times more than coins in similar health from 1876 or 1878.
The health of coins and stamps is also an leading factor. An 1877 "Indian-head" penny in "uncirculated condition" (really good shape) can be worth ten times more than an 1877 penny in "good" condition. Superb, uncirculated, 1877 "Indian-head" pennies can be found in coin shops selling for over ,000.00 - (go get your own comps). A similar coin to crusade for is the 1909 Lincoln-head penny with the mint mark "S" under the date and the letters "V.D.B." on the back under the wheat stalks. Less than 500,000 1909S V.D.B. Coins were minted compared to over 100 million other 1909 pennies. This coin was minted to commemorate the 100th anniversary of Abraham Lincoln's birth.
The same provide and Query rules apply to postage stamps. Generally, unused stamps are more requisite than used stamps. Stamps in superb health are usually more requisite than similar stamps in poor condition.
Stamp collectors look for stamps that are well-centered and have even, uniform margins. Stamps that are clean and free of tears are more requisite than their dirty, worn counterparts.
Just because a stamp or coin is old does not mean it is valuable. A coin from the Constantine duration of the Roman Empire, which is about 330-345 Ad, is over 1,600 years old. It can be purchased from a reputable coin dealer for under 0.00. Although this Roman Empire coin is quite bright they were sold by the barrel to dealers just a few years go.
A full sheet of commemorative stamps from the 1940's is worth little more than the value of the postage. Dealers pay less than face-value. The sheet of stamps, are available in great quantities and there is little Query for them as a collectible or as postage. You'll need a huge envelope to hold 39 cents worth of 3 cent stamps.
The good news is that there are probably incommunicable surprises in your clients' drawers. (Not those drawers!) Before 1965 the U.S. Mint produced coins containing a high ration of silver. These dimes, quarters, half dollars and dollars are worth almost 4 times their denomination value, based on the silver article alone. Silver coins, in excellent condition, may be worth substantially more than those that are worn or damaged. If it's a Us dime, quarter, half dollar or silver dollar dated before 1965, you have a silver coin. After 1964 the United States went to copper clad coins.
Before you run off to buy, sell, or appraise stamps and coins, here are a few tips from the professionals:
Jules Topfer, Nac's Stamp and Coin master researcher suggests: "Don't rush your research. Shop around. Get more than one comparable -- markets can vary greatly. Feel out the dealer's knowledge before you draw a value conclusion. Great yet, consult with other professional appraisers that specialize in the field.'
Leon Castner, Isa Capp, Managing Partner at National estimation Consultants and a professional auctioneer adds: "Some of these stamps and coins come from collections, while others are part of accumulations. There is a big incompatibility in the middle of a collection and an accumulation."
A collection is an organized group of stamps or coins, with a definite collecting purpose or goal. Collections are usually well-cared for and properly sorted and stored in albums or appropriate containers. An accumulation is a batch of coins in a coffee can or a pile of stamps in one big envelope.
Since stamp and coin appraisals are staggering labor intensive, appraisers need to differentiate in the middle of accumulations and collections. That incompatibility alone can help you and your client produce orders of magnitude in the estimation process and save you and your client hours of inspection and investigate time.
The contents of collections are almost always in Great health than the contents of an accumulation. So, commonly speaking, the value of a collection is usually greater than an accumulation containing the same material.
As mentioned above, the former reference for stamp identification is the "Scott Catalog." These catalogs list all stamps by date of issue and country. The catalogs are quite large and include and marvelous whole of information. Each stamp is identified by a definite "Scott number," which is unique to that stamp. There are catalogs for dissimilar countries.
The most tasteless catalog for Us stamps and Us philatelic related items is the "Scott Specialized Catalog." It includes first day covers, earnings stamps and many others philatelic ephemera.
If you are searching for values or prices you will most likely see that the stamps are identified by their Scott number.
Coins are best identified using Yeoman's catalog of Us coins, commonly known as the "red book." Coins are commonly identified by their denomination, style and year. It is published by Whitman.
Prices and values can be found in collection of places. Dealers can provide you with their selling price, and may make offers on items, if they know the health of the items they are buying. Remember, the whole a dealer offers for an item may not reflect the item's value.
eBay is unmistakably one place to look for values and prices, but there are many other sources which should be considered. crusade other on-line auction sources, as well as on-line catalog offering.
But remember, when you unmistakably need to know, find a qualified, independent, personal asset appraiser.
The terms "Scott," "Scott's," "Scott Catalogue," and "Scott Number" are trademarks of Scott Publishing Company, Inc.
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