Semi-Numismatic Coins.
There are three types of collectible coin. Bullion coins are made up of precious metal and their value comes from the intrinsic cost of the metal. An example of a bullion coin is the American Silver Eagle, it is made up of 1 oz of silver and is bought and sold according to the cost of 1oz of silver. Numismatic coins are regular coins that are rare in some way and their value comes from their rarity and not their composition. A good example of one is a 1943 Copper Wheat Penny which, if you find one, will sell for tens of thousands of dollars due to its rarity even though it is made up of about 2 cents of copper. Falling somewhere between these two extremes is the world of semi-numismatic coins.
Semi-Numismatic coins contain some precious metal in their composition, usually a fraction of an ounce, and also contain some rarity about them. Usually they are bought and sold at above the going rate for the precious metal content. The idea behind collecting these types of coins is that their value will not drop below the value of their precious metal content but it should remain higher due to their rarity. Typically these coins cost anywhere upwards of a few dollars each depending upon precious metal content, how well preserved they are and how rare they are. The value of these coins will fluctuate according to the market for them but they will not fall below the precious metal content value. It is sort of like having a rare(ish) coin with a lower limit on its value.
In the examples above, the American Silver Eagle is likely to always trade for the price of 1 oz of silver. There may be the odd one or two whose value gets inflated but for the most part their value is tied to the price of silver. The 1943 Copper Wheat Penny has a value that is tied to the market and to how rare it is. If someone suddenly finds a whole warehouse full of them then their price could drop all the way down to one penny each. A semi-numismatic coin value could fall down to its precious metal content but no further.
A lot of people who start out collecting silver bullion coins drift into the semi-numismatic world for a bit of variety. Getting some old coins that have some history behind them is a different feeling to getting a brand new bit of silver or gold.
Semi-Numismatic coins contain some precious metal in their composition, usually a fraction of an ounce, and also contain some rarity about them. Usually they are bought and sold at above the going rate for the precious metal content. The idea behind collecting these types of coins is that their value will not drop below the value of their precious metal content but it should remain higher due to their rarity. Typically these coins cost anywhere upwards of a few dollars each depending upon precious metal content, how well preserved they are and how rare they are. The value of these coins will fluctuate according to the market for them but they will not fall below the precious metal content value. It is sort of like having a rare(ish) coin with a lower limit on its value.
In the examples above, the American Silver Eagle is likely to always trade for the price of 1 oz of silver. There may be the odd one or two whose value gets inflated but for the most part their value is tied to the price of silver. The 1943 Copper Wheat Penny has a value that is tied to the market and to how rare it is. If someone suddenly finds a whole warehouse full of them then their price could drop all the way down to one penny each. A semi-numismatic coin value could fall down to its precious metal content but no further.
A lot of people who start out collecting silver bullion coins drift into the semi-numismatic world for a bit of variety. Getting some old coins that have some history behind them is a different feeling to getting a brand new bit of silver or gold.
www.coins-auctioned.com - This site has a bunch of semi-numismatic coins.
www.go2coinauctions.com/ - This site also has semi-numismatic coins.
www.go2coinauctions.com/ - This site also has semi-numismatic coins.