Rare coins Military coins make great collectible items. They are beautiful, elegant, durable and economical. They are usually placed inside encased glasses and displayed in the library or receiving area. Originally, you could only avail of specially minted coinsin two ways: join a military unit and perform exemplary service worthy of recognition. However today, you could own a military coin either by receiving it as a gift or inheritance or by buying it.
Buying military coins seem easy enough. There are many shops making and selling them, especially on line. However, not all shops or stores are the same. When you are in search of valuable specialized coins, do your research and find the right dealer. Some sell authentic and high quality special coins. Others cannot be depended on their credibility and integrity. A sound advice is to buy only from reputable companies. Do not base your decision on the price alone. To get value for your money, check these six things before you finalize your purchase for top of the line military coins.You would surely benefit from this guide.
1. Rarity. The law of supply and demand hangs on the principle that the lesser the supply, the higher the demand. The price of the item then would increase.The rarity of the item makes it more valuable. The value of the coin increases according to the original number of the specific coin made and the remaining coins in existence today. Rare coins, such as the limited edition or those exclusively given to famous people, can yield as high as thousand of dollars while those that are not so widely known can be bought for ten dollars or even less.
2. Age. As with most of collectible items, the older the item, the more expensive it is. The same applies with military coins. Coins dating way back during the war are more valuable than the coins being distributed today. The materials used back then were also more valuable than those of today.
3. Significance. Each coin has a story. The value of the coin is also affected by the significance of coin. How can you measure its significance? The significance of the military coin can be measured through the following:
a. The giver of the coin. The higher the rank of the officer who gave the coin, the higher the price. Coins given by the President or Secretary of Defense are sure to yield higher prices.
b. The receiver of the coin. Today, the most sought after coins are the ones given to the B-52 gunners during World War II. As the gunner position is already nonexistent today, the more the coins are being coveted.
c. The reason for the coin. Was it given to serve as a form of identification only or because an outstanding deed was done? Was it given to all members of the unit or to a select few only?
4. Condition of the coin. The coins that come on stellar conditions can demand higher prices unlike those with noticeable defects, damages, or scratches. Those with drilled holes or unusual marks are less likely to receive higher prices, too. Carefully examine the edges, shape and overall make and quality of the coin.
5. Sentimental value. The stories that come with the coins make it valuable to the owners of these coins. The coins did not just represent their identities during the war. The coins represented their very life, dedication and commitment to the nation.
6. Design of the coin. The coins with more intricate designs oftentimes receive higher value than the simpler ones.
Finding quality coins to add to your collection is made easy with this buyer’s guide. Be guided accordingly.