The Different Ways Of Minting Indian Coins

Stamps are routinely used and discarded. Coins are taken out of circulation as they become worn or lost through holes in pants pockets.But quantity is not necessarily the most important factor in establishing value. It is the supply of desirable stamps and coins that create those rare headlines: "Penny Worth Ten Thousand Dollars Found in gum machine." The most desirable, and valuable, stamps and coins are usually scarce and in excellent conditionOne-cent coins known as "Indian-head" pennies are great examples of supply and demand. They were minted in the U.S. from 1869-1909 and show the profile of a Native American princess on the front (most folks think it's an Indian Chief). In 1876, approximately 8 million of these coins were minted. About 6 million were minted in 1878. But in 1877 less than one million pennies were minted. The 1877 pennies are valued at approximately 10 times more than coins in similar condition from 1876 or 1878.

The condition of coins and stamps is also an important factor. An 1877 "Indian-head" penny in "uncirculated condition" (really good shape) can be worth ten times more than an 1877 penny in "good" condition. Superb, uncirculated, 1877 "Indian-head" pennies can be found in coin shops selling for over $2,000.00 - (go get your own comps). A similar coin to search for is the 1909 Lincoln-head penny with the mint mark "S" under the date and the letters "V.D.B." on the back under the wheat stalks. Less than 500,000 1909S V.D.B. coins were minted compared to over 100 million other 1909 pennies. This coin was minted to commemorate the 100th anniversary of Abraham Lincoln's birth.The same supply and demand rules apply to postage stamps. Generally, unused stamps are more valuable than used stamps. Stamps in superb condition are usually more valuable than similar stamps in poor condition.Stamp collectors look for stamps that are well-centered and have even, uniform margins. Stamps that are clean and free of tears are more valuable than their dirty, worn counterparts.Just because a stamp or coin is old does not mean it is valuable. A coin from the Constantine Period of the Roman Empire, which is about 330-345 AD, is over 1,600 years old. It can be purchased from a reputable coin dealer for under $100.00. Although this Roman Empire coin is quite interesting they were sold by the barrel to dealers just a few years go.A full sheet of commemorative stamps from the 1940's is worth little more than the value of the postage. Dealers pay less than face-value. The sheet of stamps, are available in great quantities and there is little demand for them as a collectible or as postage. You'll need a huge envelope to hold 39 cents worth of 3 cent stamps.The good news is that there are probably hidden surprises in your clients' drawers. (Not those drawers!) Before 1965 the U.S. These disintegrated dies can be seen on the surface of the coins in the form of lumps or lines.Hence, it is very important that the coins be minted in the correct manner. military challenge coins