HOW TO START A COINS COLLECTION BUSINESS

By Darlena Pagan

How To Start A Coins Collection Business

Introduction:

It is believed that you should know a few things about the process of coins before becoming a

market marker, such as, the process of The American Eagle Proof and Uncirculated Coins. Knowing

how the coins are process will provide you on the quality and values of the products. In addition, it

is recommended to find a case study on the coin market. A case study on coins will provide you with

information on market, such as, how well the coins are selling, economic crisis, and other related

information on coin collections and investments, such as, A Coin Market Case Study - The Lincoln

Commemorative, I had read on the about.com website. Next, it is recommended that you visit the

Abraham Lincoln Presidential Library and Museum Store to gather other ideas on marketing you

coins, such as, selling another product with the coins to motivated customers to purchase from you.

American Eagle Proof and Uncirculated Coins For Processing

Coins Are Process For Keeping its value

There three types of coins, for example, Gold, Silver and Platinum

The banish bullion coins are process

The coins are press fitted with special dies

The Coins are strike multiple time to a softly frosted

After the process coins are in Mint Condition

The coins are inspected by glove wearing inspectors

The coins are placed in protective plastic capsule

The coins are mounted in satin-lined velvet presentation case

Each of the coins has its own official certificate of authenticity

The Lincoln Commemorative Silver Dollar Investment

2009 Case Studies

Recession caused broking promise to coin collectors

Coin sold: 116,558

Uncirculated total : 61,164

Coin sales: 177,772

proof and uncirculated coins: 500,000

Unsold coins: 227,722

Abraham Lincoln, Presidential Library & Museum

Online Store

•The Lincoln Commemorative Silver Dollar

• Find a wide range of compelling and one-of-a-kind merchandise,

such as, replicas of Lincoln artifact collection, books, media, gift,

home décor, apparel, toys games, stationery, jewelry, and many more

Market Makers

Market Markers sell coins for profit

Collect coins

Offer materials to read about the coin like the Lincoln Commemorative

Silver Dollar

Tips on Coin Resources

The U.S. Coin Digest

The Official Redbook

U.S. Coin Digest A Guide Book of United States Coins

The Official American Numismatic Association for grading standards of

the United States Coins (ehow, 2012)

Coin Stock Quote & Summary Data (NASDAQ, 2012).

Conclusion

Read as much as material about the business

Purchase books, magazines, study case studies, coins television shows,

research the Internet for coin collections

Visit the U.S. Mint website

Research the economy conditions

Motivate customers

Add Additional materials with coins to encourage sells

References Abraham Lincoln. (n.d.). Presidential Library & Museum, Museum Store, Retrieved from Abraham

Lincoln, Presidential Library & Museum

Abraham Lincoln. (n.d.). Presidential Library & Museum, Museum Store, Retrieved on May 05, 2012

from http://www.alplm.org/store/home.html

Emma, L. (2012). How to Start a Coin Business, Retrieved from eHow

Emma, L. (2012). How to Start a Coin Business, Retrieved on May 09, 2012 from

http://www.ehow.com/how_4937665_start-coin-business.html

Headley, S. (2009). A Coin Market Case Study - The Lincoln Commemorative, Retrieved from

About.com

Headley, S. (2009). A Coin Market Case Study - The Lincoln Commemorative, Retrieved on April 04,

2012 from http://coins.about.com/b/2009/02/18/a-coin-market-case-study-the-lincoln-

commemorative.htm

References

NASDAQ. (2012). COIN: Stock Quote & Summary Data, Retrieved from NASDAQ

NASDAQ .(2012). COIN: Stock Quote & Summary Data, Retrieved on May 09, 2012 from

http://www.nasdaq.com/symbol/coin

United States Mint. (n.d.). Coins & Medals, Retrieved from United States Mint

United States Mint. (n.d.). Coins & Medals, Retrieved on April 04, 2012 from

http://www.usmint.gov/mint_programs/?action=american_eagles

Words of Wisdom, LLC. (n.d.). Introduction to Communication, Outlining (Chapter 14, pages 196-197),

Career Education Corporation, Schaumburg, IL, Retrieved from American InterContinental University’s

Bookshelf