As opposed to the circulation coins, the bullion coins are something special not for daily monetary transactions. These bullion coins, also known as commemorative coins are minted to commemorate a particular place, event, or person. These coins are collector’s items that have intrinsic value added to them. The bullion coin collection is not only a well-established hobby for people around the world but also a pretty well-known method of investment. So, what exactly should you look for if you plan on taking coin collection as your hobby? Continue reading this article to learn more about the topic. 

The History Behind the Coin: Every bullion coin has a rich history behind it. Someone taking up this new hobby might be interested in knowing the history behind the pieces they are collecting. Many people keep a book and record the physical history of the coin and what the coin represents to them. Most coins have an emblem of Queens and a national symbol designed on the coin. Limited editions of these coins are minted to celebrate special milestones. 

Authentication and Purity: Before you purchase a coin, you must consider its market value. If a coin is made of silver, platinum, or gold, its monetary value is worth considering. When you are buying a silver coin, make sure that the coin is pure and authentic. For example, Silver Maple Leaf is 99.99 percent silver, making it one of the most accepted bullion coins worldwide.

• There are various counterfeit coins available in the market to dupe an inexperienced buyer. New Silver Maple leaf has radial lines on the reverse of the coin along with a micro-engraved mark. These features make the coin unique and near impossible to counterfeit. 
• Collecting pure silver coins allows one to liquidity the same in cash whenever necessary. In Canada, the Silver Maple Leaf coin has a face value of 5 Canadian dollars, but no bullion coin is designed to be in circulation. The government prints an amount on the coin to make it legal tender. The standard weight of the coin is 1 troy ounce. 

The Beauty of the Coin: People buy different coins because of the beauty of the coin. An American will always have a sentimental value attached with an American Silver Eagle coin because it features the lady liberty on the obverse and the national bird eagle at the back. The same emotion is evoked for every Canadian when they see the glorious maple leaf on the coins. The stunning designs and the shiny metal finish is the reason behind purchasing these coins. Experienced coin collectors understand that a beautiful limited edition coin generates more value in the future.

The Rarity of the Coin: A coin is not necessarily rare because it’s old. If plenty of the same coins are still available in the market, then an old coin is just old and not rare. What makes the coin rare is its scarcity. Suppose a particular coin was minted twenty years ago, for some special occasion. That coin was never minted anymore, and currently, very few are available for sale. Such a scenario makes a coin rare, and anyone with a rare coin can auction it to the highest bidder, making a grand profit of thousands of dollars.