Business

Expensive hobby
by Jana Kokavcova

More than $30 million has paid one anonymous buyer called simply Mr. Simpson "Western states collector"for a collection of rare U.S. Prototype coins. Seller is someone, who would like to show how beautiful hobby could collecting be. The collection consists of 1,000 coins that collector refers to pattern coins that never went into production , because the U.S. Mint chose another design. These coins could really be first coins in American history that were struck by American government. Both collector and seller wanted to stay in anonymity. They are both rich and have a great career, but they are romantic enough and have a sense for collecting coins. It is very expensive to be a "big" numismatic, I think. It is not so simple to pay so much money for coins, if they are only a hobby. For one household it is too much to spend money for hobby. You need to be afraid, because there are still some people that want to steal your collections and have a big money when sell them. But history of such a coin is really fascinating. It is very fine to know more about money and about history of them. For example in America there were a lot of coins with depiction of woman representing liberty. There were not a profile of a former president, because people though that it is very unrepublican, if people have a power in a republic. So collecting of coins has two sides. The first are money that you need for collecting , the other is the history that you are part of.

related story: http://ap.google.com/article/ALeqM5hd84IloGyKSf2PaTFppmKOBjdDKwD8SVLIJO0

by Jana Kokavcova for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

posted by Blog TechSource @ 1:11 PM