Make The Most Of Your Precious Metal – Gold

Coin collecting has been around for many years. You might have started collecting coins when you were younger at the encouragement of your parents, you might still have a dusty book of them somewhere too. There are many types of coins to collect, you can start with your birth year and collect a coin for each year of your life or start with a centennial. It’s fun and it’s a great memory to pass on to your children. What type of coins you collect depends on what you’re interested in. The true collector starts with a certain theme and stays there.

Early coins in Lydia (now Turkey) were made of electrum, which is a mixture of gold and silver that occurs naturally. This combination was alloyed with silver and copper. Later challenge coins custom were often made of precious metals like gold, silver and copper.

The coins may be made of many different metals. Some are bronze, gold, silver, copper or nickel. They are of the finest quality with an emblem of the Navy and depending on who they are given to another insignia. It may be the division of the Navy that the soldier is in or some of the challenge or honor coins may be representative of a ship that the soldier was on, such as the USS Ronald Reagan. Some coins are either 2 or 3 dimensional if so desired.

Clearly he had already touched the ring for it to now be on the table and he surmised that it must be safe to handle. Dispose of it then – that at least was a safe option. He rejected that idea almost immediately, knowing that he would not get rich by being cautious. He licked his lips as he considered what might happen should he decide to keep it. He had heard rumours about magic rings many of which were bad for the thief and usually involved a curse. On the positive side though it might render him invisible, which for a thief would have enormous benefits. He imagined himself sneaking into a shop – in broad daylight – and helping himself to the takings and a smile hovered on his lips.

You may also want to avail the limited edition Vision of Dubai gold coin. This has 24 karat gold content and this was released by the Dubai Multi Commodities Center in two versions, half ounce and quarter ounce. The design on one side is the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum and the Palm Jumeirah on the other side.

You should only handle coins by the edges. Never touch the flat surfaces of your military challenge coins with your fingers. Even clean fingers can transfer dirt or grit to the surface and cause damage. Always remember to keep your coins over the soft surface you have prepared and hold the coin in between your thumb and first finger. Try to avoid breathing directly on the coins. The moisture from your breath can cause discoloration on the surface of the coins.

When members of the armed forces finish their basic training, they receive a challenge coin. These coins are a basic challenge coin and have no extras added to them. Many of the coins will have the rank of the person it is being given to as well as the squadron and the branch of the service of which they are a member. Often a motto will be put on the coin.

For a good start subscribe to a coin publication such as Coin World or Coinage Magazine for information on the types of coins that you might want to collect. The internet or a local coin shop can also help expand the search for those coins that can’t be found in your locale or out of state. Building a coin collection will take a long time – months or even years. The United States has produced so many coins that it is hard to keep track of them. Among the most popular today are the American Eagle and American Buffalo Gold Coins. By deciding on the coins you want to collect, the challenge to complete that collection begins.


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