Evidence Coins and Bullion Coins of Interest to Hobby and Investor Coin Collectors

There is a difference between proof grade coins, and bullion coins. Just like there is a difference between collectors that are hobby numismatists and those that are investors in collectible coins for profit. as a coin collector, this can affect silver coin value because bullion coins are minted from the precious metal for the investment quality value of the metal, where proof grade coins derive their value from their state of near perfection and from the rarity that results from being a near perfect coin. since the value of proof coins rest on rarity and artistic value, they are more popular with hobby coin collectors. When it comes to proof coins, proof refers to a special minting process that is made especially for coin collectors, and because they are collectible coins you won't see in circulation, they are sold by the mint for more than face value, when they are first proofed. while modern proof quality collectible coins have become more defined with mirror-like fields and frosted reliefs, there were some proof quality coins that were minted for collectors prior to the mid-twentieth century that featured high quality surfaces using the standard minting process. As you compare bullion silver coin value, you have to realize that the value is determined by the market prices of the ounce of silver, and in the case of gold bullion coin value, it is the investment value of the gold that is used in the coin. They are not collectible coins based on their high quality and definition, but rather the collection of these coins is based on the investment value of the precious metals it contains. when you are comparing bullion coins to collectible proof coins, the value of a particular issue, for example, a 2010 American silver Eagle can vary dramatically different based upon it's grade. this is because most hobby collectors are interested in proof minted collectible coins for speculation purposes. however, because they are sold at more than face value, and often for much more than the investment value of the precious metal content itself, the silver coin value or gold coin value can be vary widely. When you are entering the field of numismatics or coin collecting, you need to understand the difference in buying and selling of collectible coins. There is a difference between collectors that invest in bullion collectible coins, and collectors interested in proof minted specimens that are so popular with hobby collectors because they can demand much higher prices. The recent state quarter proofing is a prime example of the difference, where the quarters are presented as collectible coins, even though there are many almost uncirculated, state quarter specimens available, and they have no silver coin value attached. That doesn't mean that there were not hobby collectors that didn't belong to clubs where they bought proof quality state quarters for close to $50 each. On the other hand, proof minted coins have an investment quality that is far greater than bullion coins based on the precious metals market behind them. it is a matter of what segment of coin collecting you are interested in and how long you plan to hold onto the collectible coins that can determine your success at coin collecting for investment purposes or to make a profit. it is important that you understand the grading process and the differences in proof collecting versus bullion collecting for investment, whether for hobby or making large profits. Both can be quite interesting, but graded proof minted coins are worth the most. Proof Coins and Bullion Coins of Interest to Hobby and Investor Coin Collectors [l]