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Buying Key Date coins for future Financial Benefits
by D. L. Crane
Key date coins are usually rare coins that are
the last to be purchased or placed in a collection
as they are usually the highest priced coins in
a series.
These have a date or date and mint mark
combination which are rare or very hard to
find.
This is the final coin that most collectors need
to complete a collection. Investing in rare key
date coins could prove to a benefit financially.
Professional coin collectors will not simply
collect coins but will certainly specialize in a
specific type of coin to try and complete the
collection.
When completing an entire set this increases
drastically the total value of the set.
The only problem with buying
Key date coins is
that most gold series prove to be rather
expensive, so it is important that you find key
date coins which are in demand. Finding a rare
coin could mean a great investment, these coins
have no set date which it must be sold by, and
the value will never drop to zero, so collecting
these coins could mean benefiting from large
profits.
The key here is to invest in scarce mintage
coins which have the potential to make small or
large profits especially if kept for a period of
time.
Key Date Coins:
A
key date coin is one coin of a series which
is either
scarce,
rare, or much less common than most of the
other dates in the series. It is also the most
sought after coin of that series. When
collectors or dealers pick through a large
quantity of coins to form a complete date
collection, it is always the "key
date" which they find hardest to get. A
key date coin is also usually the lowest
mintage of the denomination or series.
Semi Key Dates
Some dates are not quite as scarce as others,
but still not as common as most dates, and these
are often referred as semi-key dates.
Go to
www.BestCoin.Com for a Free Coin Guide and
More Coin Collecting Information.
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