Archive for March, 2008

What should you collect as a hobby; coins, paper money, or stamps?

Which will be the best investment?

I find it strange that some people who collect coins, paper money, or stamps, always want some kind of return on their investment. These are the same people who think nothing of buying a new car and then selling it a few years later for a fraction of what they paid for it. A new car loses value as soon as you drive it on the road!

As for investing in paper money, if someone is buying notes and thinking how much will they be able to get when they sell them again, this person has the wrong hobby. Enjoy collecting for the pleasure and for the fun of it.

Coins and stamps are tangible reminders of years gone by. Yet, while coin collecting is flourishing as a hobby, stamp collecting is decreasing in popularity. Many families who inherit stamp collections are more interested in getting the collection appraised than continuing the collection. You can’t collect something if you don’t know what it is.

Stamp collecting dates back to 1840, when the first stamp was issued in England. One of the earliest indications of stamp collecting is an advertisement from an English newspaper in which a young woman sought used stamps as a way to wallpaper her room. Soon, post offices discovered stamp collectors as a good source of revenue. From there, stamp collecting began.

There are no rules about stamp collecting. Some people collect stamps from a certain country while others focus on a particular theme, such as flowers, ships or buildings.

Unfortunately, stamp collecting has simply lost its appeal to younger people.

Coin collecting, on the other hand, is at its peak in popularity. Rare or modern coins offer history that collectors can hold in their hand, and every period during the past 2,500 years is reflected in coinage.

Stamps disappear and become part of the ground. A coin can be dug up and, while new varieties of stamps are not really being discovered, new types of coins from all over the world are still being found. How many stamps or bank notes do you think you’ll find while out exploring with a metal detector?

Whilst improperly stored coins can degrade and lessen in value, paper money can be damaged by handling, sunlight, or water. All are subject to flood, fire, or other natural catastrophes.

A stock certificate with half of it burned away is just as good as a mint one in terms of its value on the exchange. In fact, as long as ownership can be proven, it often doesn’t even matter if the physical certificate exists. The same can’t be said for paper money.

You can insure against these problems, and go to great lengths to assure proper storage conditions, but all of this costs money and adds to the cost of the investment, often for many years before there is going to be any return at all.

Today, coin collecting is one of the world’s most popular hobbies. Amateur collectors enjoy coins for their beauty and rarity. Added to this is the excitement of searching for and finding specific coins and the challenge of identifying new ones.

Why is coin collecting thriving and stamp collecting dying? Coins are still being used and are still fascinating. It is an investment as well as a hobby. Coins continue to go up in value while many stamps are at the peak value they will ever receive. Furthermore, many are going down in value.

Enjoy your hobby, and consider whatever you invest in it to be pleasure money, the same way you would count money you spent going to ball games, or dining out, or buying new clothes. Then, whatever you or your family get out of your collection is pure profit, whether it is more or less than what you originally paid.

After all, if you spend $20 a week going to the movies, you don’t expect to get anything back for your $1,000 a year collection of ticket stubs, do you?

I believe there is room in both the collecting of coins and paper money for both collectors and investors.

The important thing to remember in investing in coins or banknotes is rarity and desirability.

Gary Anthony Lacey is the owner of the Coins Online web site at:
http://www.coins.money-maker.co.uk/
where you can learn more about collecting coins.

Tags: coin paper money stamp, , , , collecting, collection, collector

Gazebos have come a long way in the past few years. Although
there have been a growing number of styles, today you also have
a huge range of materials and sizes. However, the key to truly
enjoying you new gazebo is choosing the right one. Therefore,
we suggest you consider a number of gazebo plans, making sure
you choose one that will enhance the intended space, provide you
with enough room for its planned use, and a style that is
visually pleasing.

The great thing about a gazebo is that because it has a roof,
you can even enjoy it throughout the year, even in the rain and
snow. Therefore, when choosing your gazebo plan, consider how
much and the way in which you want to use it. With this, you
are not stuck inside the house on a rainy day. Just imagine
grabbing a favorite book, a good cup of coffee, and settle into
a comfortable chair or bench outside under the protection of
your gazebo.

With the right gazebo plan, you could also entertain on a hot
summer day, providing great shelter from the sun’s hot rays
while still being able to enjoy the outdoors. The bottom line
is that a gazebo makes time spent outdoors far more enjoyable.
As you begin looking at different plans, you will probably be
amazed at the number of options you have regarding size, shape,
style, and material.

Size is always a big determining factor, which of course would
be based on the space outdoors, as well as usage. For instance,
if you have a small backyard and keep to a small group of
friends, then a large gazebo would likely not work. However, if
you have ample outdoor space and love throwing big, lavish
parties, then a 22-foot gazebo would be the perfect solution.
In this case, you could go with a gazebo designed with three
sides or one completely open.

Although you can get a good idea as to the style and size gazebo
plan you want, be sure you check with the local authorities. In
addition to possible permits, you also want to check with your
local utility companies before doing any digging. Once you have
all the regulations and safety precautions covered, you can then
look at the size of your property, which would also involve the
situation or angle at which the gazebo is built.

Finally, in addition to the actual gazebo plan, most people will
add other elements. For instance, you may want to add a Jacuzzi
tub, built-in seating, landscaping, protective screens,
furniture, and so on. Obviously, the gazebo plan would need to
accommodate the ultimate design. Just remember that no matter
what you have in mind, if you cannot find gazebos to fit, you
can always have one customized or purchase plans to build
exactly the gazebo of your dreams.

Unfortunately, we see many people choosing something they like
but not love. Because many gazebo kits and plans are so
affordable, it would be worth a little extra time in planning to
build the perfect outdoor addition. This way, the gazebo would
be something you enjoy looking at but also more importantly, a
place of refuge, something that you can enjoy with family and
friends.

Dion Semeniuk has developed experience into transforming your backyard into your very own resort. To learn how the gazebo can achieve this, visit the Gazebo Plan website.

Tags: gazebo, , gazebo plan

A Beginner’s Guide to Collecting Inexpensive Old Coins

Collecting old coins is like holding a piece of history right in your hand. It is common to find affordable ancient Roman coins that are 1600 years old, and many are even 2000 years old or more. Imagine that the ancient Roman denarius in your collection might once have bought admission to the gladiator fights in the Coliseum or chariot races at the Circus Maximum. The best thing about collecting old coins is that, unlike other antiquities, ancient coins are remarkably affordable. Because so many ancient coins have been discovered, and more are being unearthed every day, it is possible to buy millennia-old coins for only a few dollars apiece. For less than the cost of a movie ticket, you could own a link to olden times.

Things You Should Look For While Buying Old Coins

Unless you are looking to spend some serious money on your collection, the old coins that you buy will probably not be extremely valuable as an investment. However, that should not undermine the thrill of being able to own a genuine aged coin on a shoestring budget. There are numerous places, both online and off, that sell inexpensive old coins. The important thing to look for when buying these ancient coins is that the coin is identifiable. It is disappointing to buy an aged coin, only to realize that there is no way of telling what it actually is. The best way to ensure that an ancient coin is identifiable is to be certain that the writing and inscriptions on it are legible.

Buying Uncleaned Lots of Old Coins

Of course, there is another bargain option when buying ancient coins, and that is to buy a lot of uncleaned coins. These are old coins that have been unearthed in archaeologically rich areas like Italy or Greece, but have not had the dirt and buildup of the centuries cleaned from them. Uncleaned lots of elderly coins are exciting because you never know if the coins will be so worn that there is nothing left but a smooth piece of metal, or whether you will uncover a genuine rare coin. You should be aware, however, that the likelihood of finding a high-value gold or silver coin among uncleaned lots is extremely slim. Furthermore, the reason why uncleaned lots are sold to begin with is that cleaning old coins is a difficult endeavor in the best of circumstances. Removing large amounts of dirt and debris from ancient coins carries the risk of spoiling the coin.

How to Store Old Coins

Elderly coins, like elderly people, require tender handling. It is important to remember that one of the vital factors regarding the value of an old-time coin is the patina, or the sheen that builds up on the surface of a coin over time. The last thing you want to do is to polish an ancient silver coin so that it is bright and shining! When dealing with old coins, you should only hold them by the edges, since the oil on your hands can ruin the patina. Do not attempt to clean old coins on your own without learning a lot about the proper techniques. Only a veteran should attempt to clean a potentially valuable aged coin.

When storing old coins, always use acid-free materials; any other kind of storage could damage the coin. You’ll need a safe place to keep your ancient coins. Some options include mylar flips, acid-free plastic sheets that go into three-ring binders, and even special collector’s cases, if you want a particularly elegant look for your collection.

Coins and Coin Collecting http://www.coinsandcoincollecting.com :your guide to getting the very best from your coin collection.

Tags: coin collecting, , , , coins, hobbies, hobby

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