Perhaps, most of you know that there are many people who collect metal coins. Actually, it is one of the most spread hobby and obsession among the millionaires. Maybe, you would ask yourself the question why collection of precious metal coins is popular mainly among the rich. Well, the answer of that question is much easier than you probably expect: the reason is that the hobby costs money, a lot of money!
But what makes a collection of precious metal coins valuable is certainly the number of items. Having collected like 40-50 metal coins would never make a person numismatic since most of the collections contain hundreds and even thousands of coins as it was said above. However, the number is not the only factor making a collection valuable. The rareness of the coins plays a huge role also.
But when talking about precious and rare metal coins, we just could not skip which coins attract more interest than any others. For instance, those could be coins which are not old but that were emitted in an extremely small number. The national banks of different countries sometimes emit new coins in 1000 or 5000 numbers. It is not difficult to come up with the idea that an obsessed collector will certainly want to add the coin in his or her collection. Here comes the paradox: it could be a coin of 20 cents but the collector could spend $10.000 or even more depending on how rare the coin in reality is.
So, it is already clear that when a coin is very rare, it will be much more invaluable! Just imagine if there was a metal coin which has got no other duplicate (it is unique), it means that it will be really, really precious!
Of course, if the metal coins originated from a distant place and was emitted a thousand of years ago, it will be precious! You may not believe it but coins like those could reach the incredible price of $60.000 or even more. You already must understand why numismatics is called "hobby for the richest", don't you? Anyway, it is important to mention that rare and historically significant metal coins must not be owned since that could cause a huge cultural loss. Such coins should certainly be kept and exposed in museums.
Unfortunately, many numismatists are used to crossing the line between legal and illegal. It is just their desire- it is the desire that makes them want to own such coins even when it is not allowed, even not morally!
Unfortunately, some collectors do not realize that their obsession could lead to great cultural and historical losses. After all, when old and ancient metal coins are being discussed, everybody should know that they should be shown to everyone- they are just not supposed to be owned!
In conclusion, precious metal coins could be a really great hobby but they could be something more also. Some coins could tell us a lot about the history- much more than a whole history book could.
But what makes a collection of precious metal coins valuable is certainly the number of items. Having collected like 40-50 metal coins would never make a person numismatic since most of the collections contain hundreds and even thousands of coins as it was said above. However, the number is not the only factor making a collection valuable. The rareness of the coins plays a huge role also.
But when talking about precious and rare metal coins, we just could not skip which coins attract more interest than any others. For instance, those could be coins which are not old but that were emitted in an extremely small number. The national banks of different countries sometimes emit new coins in 1000 or 5000 numbers. It is not difficult to come up with the idea that an obsessed collector will certainly want to add the coin in his or her collection. Here comes the paradox: it could be a coin of 20 cents but the collector could spend $10.000 or even more depending on how rare the coin in reality is.
So, it is already clear that when a coin is very rare, it will be much more invaluable! Just imagine if there was a metal coin which has got no other duplicate (it is unique), it means that it will be really, really precious!
Of course, if the metal coins originated from a distant place and was emitted a thousand of years ago, it will be precious! You may not believe it but coins like those could reach the incredible price of $60.000 or even more. You already must understand why numismatics is called "hobby for the richest", don't you? Anyway, it is important to mention that rare and historically significant metal coins must not be owned since that could cause a huge cultural loss. Such coins should certainly be kept and exposed in museums.
Unfortunately, many numismatists are used to crossing the line between legal and illegal. It is just their desire- it is the desire that makes them want to own such coins even when it is not allowed, even not morally!
Unfortunately, some collectors do not realize that their obsession could lead to great cultural and historical losses. After all, when old and ancient metal coins are being discussed, everybody should know that they should be shown to everyone- they are just not supposed to be owned!
In conclusion, precious metal coins could be a really great hobby but they could be something more also. Some coins could tell us a lot about the history- much more than a whole history book could.
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