Types of Collectible African Coins |
Posted: January 31, 2018 |
When you’re interested in buying and selling collectible items of any kind, you must first establish one fact in your mind. The object being bought or sold is only worth what someone is willing to give for it. Of course, there are average levels of worth, usually in the middle of a narrow range. This is certainly true of coins, one of the most collectible items in the world. The DetailsWith this basic fact in place, it’s also important for you to know most of the details about the specific collectable coin, especially how many of this particular item are in existence. Keep in mind that coins don’t have to be ancient to be rare, though it certainly helps. One of the most valuable items is the current (2017) silver Krugerrand from South Africa. Rarity sometimes equals ancient, however, simply because fewer exist as the years pass. For example, if you want to add the Ptolemaic Kings of Egypt coin from about 150 B.C. to your collection you can purchase one, but you’ll have to part with more than $1,000 US dollars. You might also want to invest about $750 in a coin that’s a few years older, Kyrene – Kyrenaica from the 4th century B.C. More Recent ExamplesYou don’t have to go back 2,000 years to find rare, collectible coins from the African continent. For example, you might invest in the 1892 Paul Kruger (1 shilling) in silver. The 1894 coin of this denomination is also considered a great find. Kruger was president of the South African Republic for 17 years (1883 to 1900), though you might have heard this region called by the name Transvaal. As mentioned, if you’re involved in coin collecting for money reasons, you can also collect more modern items. For instance, one of the good examples of collectible African coins is the 2008 Nelson Mandela 90th birthday coin (R5). Some information you may uncover states this coin could be worth thousands while other sources put recently sold value at about R100. Always find out just how many of the collectable are actually available before settling on a price, and make sure you decide whether you’re collecting because you love coins or if you’re going to resell for profit at a later date. For more info about Collectible coins and rare coins to buy:
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