Twery’s, in Lakeworth, Florida, specializes in selling and purchasing rare and collector’s coins, gold and other valuables. Owned and operated by George Vega, gold is accurately appraised with the day’s going rates for gold. All service is confidential.
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Showcasing the native beauty of the American West, the 2008 SP70 FDOI $50 American Buffalo Gold Coin is a work of art in itself. Displaying an impressive composite of 3 Native American chiefs on…
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There are coin dealers and there are coin dealers and you need to be just as trusting and just as wary of them in the coin collecting arena as you would in any other arena.

There are ways to get around becoming the unintentional victim of a fraud, although sometimes no matter how hard you try you might still get caught out. Then again, this applies to just about every situation in life.

As in everything planning and homework is essential. Don’t just walk in on the first coin dealers that you come across. Find out if they’re a certified and reputed company first then make your approach.

Of course this applies mainly to the bigger cities where you will almost certainly find more than one coin dealers around the corner. If you live in a small community¸ you might have a coin dealer but they might be the only one for a considerable distance.

This won’t really matter in the short run as you should be able to get your hands on a number of coins which you otherwise wouldn’t be able to. Dealing with these local coin dealers also gives you the chance to get more experience under your belt, and to be better able to identify the coins for what they are.

And most times you’ll come away from these encounters with not only experience but a staunch friend and coin collecting ally. You might not be privy to the rarer and valuable coins, but you will be able to gather up a goodly collection from the coin dealers regardless.

There are many resources that can help coin collectors, old or new, in determining the value and worth of the coins they have.

There are books out, “The Red Book” (A Guide Book of US Coins), “The Blue Book” (A Handbook of US Coins), as well as coin newsletters and catalogues available at any public or private library, coin dealers/shops anywhere in the US. There are also online guides for the prices of US coins available on the web, specifically the NumisMedia site.

For a synopsis of the price of each coin, the following are the basic values of each cent, penny, or dime in the market.

The United States wheat-cent, the circulated ones

The price of these coins made prior to 1958, or those that are dated 1940, are currently being purchased by coin dealers for two cents each, or less. Those made before 1940 command a much higher price – from a few more cents to a few dollars.

The silver-dollars

Silver-dollars from the US, especially those made before 1935, have almost an ounce of silver in them. These coins are the favorites of coin collectors and could be sold for more than their actual value in silver if they are undamaged or not worn severely.

The dollars of Susan B. Anthony

If by luck you happen to get one of these as a change, the value is more than a dollar and proof Susan B. Anthony dollars command even more. They are not easy to fine as they are not usually being circulated.

Quarters, dollars and halves – the bicentennial kind

There were billions of these coins made out, and because there are so many of them, their worth is usually just face value. There are coin dealers however who pay ten percent of the face value as premium for circulated bicentennial coins, and a few dollars more for those that are uncirculated.

A freak coin

Believe it or not, there are two-headed coins out there. Basically, these are coins with two different designs on each face. These coins were made in error and mistake was not discoverer until the year 2000. This type of coins is usually called “mules”. In 1999, it was found that a cent with Lincoln’s face on one side and Roosevelt’s dime image on the other existed.

It you find a coin of this it must be taken to a legitimate coin dealer and assessed to determine if is genuine. If so, this coin could be put up for auction and command a few dollars more.

It is therefore true that a coin is basically worth more than meets the eye.

Franklin the coin picker bot.

This is module 4 of our 2nd year Electrical Engineering program. The robot is completely autonomous and is capable of detecting and picking up Canadian coins.

In this vid Franklin successfully picked up its first coin

If you are interested in History and Religion, then collecting Biblical Coins might be a great and surprisingly inexpensive hobby to consider. If you are unfamiliar with collecting coins, you might be surprised to hear that you can buy a widows mite, as mentioned in the Christian Bible for around the same price as a CD or DVD.

Widows Mites are quite small bronze coins, usually green or brown in appearance with an anchor on one side and a wheel with ray like spokes on the other, together with Hebrew inscription ‘Yehonatan the King’. They were made by the ruthless king of Judea, Alexander Jannaeus around 2100 years ago, in such large quantities that many survive to this day.

Our knowledge of these and many other Biblical coins has developed over time, and gradually the study of such coins resulted in the publication of books specifically dealing with Biblical coins. One of the first and still one of the best, although a little outdated and inaccurate in places is:

The History of Jewish Coinage and of Money in the Old and New Testaments, Frederick W Madden (1864)

This Contains lots of line drawings and much historical information on each coin. Original copies are expensive ($200+), but a reprint from Pegasus Publishing, dated 1967, is readily available for about $20 and is highly recommended.

Getting up to date, two names stand out in terms of popular books on Biblical Coins, Ya’akov Meshorer and David Hendin

The Guide to Biblical Coins 4th Edition, David Hendin, 2001 at approx $90 is the default standard, and if you only buy one book on the subject, make it this one. It is a well-presented richly illustrated catalogue of just over 550 coins, all with a unique and widely quoted reference number.

Ya’akov Meshorer wrote many books and papers on the subject of Biblical coins, the last one before he died becoming an award-winning book is:

A Treasury of Jewish Coins, 2001 approx $90

These two excellent books are very different in style and format, but richly illustrate life and the money that was used in Biblical times.

There are many other books on the subject, often selling for around the $20 range, by people like Rev Edgar Rogers, Florence Aiken Banks, Kenneth Jacob and RS Yeoman. While these are worth a look, and all have value, they do not represent that rounded catalogues of the above books.

There are many new books promised too that you should look out for, an updated book from David Hendin, and a new publication from Richard Plant, provisionally titled ‘A numismatic journey through the Bible’.