There are all different types of coin collectors in the world. Some are kids who have had a coin collection passed down to them by older relatives. Others are hardcore collectors who travel the world looking for rare coins for their collection. There are a wide variety of coins that collectors typically look for. The most popular type is Roman silver coins. Collectors are also on the lookout for American silver dollar coins. One of the most important parts of collecting is making sure that you only purchase certified coins.
There are at least 3 reasons why you should buy certified coins. The first reason to buy coins that are certified is so that the coins can be slabbed. Coins that are not certified may contain a number of problems that can cause them to lose their value. If the coin you are looking at is all bent up or scratched, improperly cleaned, worn, or painted, it will not match the other coins of its kind. The coin is not as valuable as it once was, and in many cases it is no longer recognized as a rare coin.
The second and probably the most important reason to buy certified coins is for authentication purposes. When you are a serious collector, making sure the coins you purchase are real and not fakes is essential to the integrity of your collection. It would be easy for a seller of coins to put a fake date on the coin or to create fake minted coins and attempt to make them look like real antique coins. Lots of people make money from selling fake coins and most buyers don’t figure out what happened until it is too late to do anything about it. Coins that are certified are authenticated so that people interested in buying the coin know the date is accurate.
The third and final reason to buy certified coins is that they are cheaper. Certified coins are graded so that you know the price you are paying for the coin is accurate and not an attempt by the seller to make more money by selling the coin for more than its actual value. You are taking a huge risk when you purchase an uncertified coin as the person might be selling you a fake coin or one that is not worth what you are paying for it. There are more reasons to buy coins that are certified, but these are the essentials of good coin collecting.