Cryptocurrency Q&A
Why do people collect uncirculated coins and bills?
Why do people collect uncirculated coins and bills?
CosmicDreamWhisper
Sat Nov 09 2024
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6 answers
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I'm curious about why some individuals are interested in gathering currency, specifically those that haven't been in general use, like uncirculated coins and bills. What drives this hobby or practice?
6 answers
Martino
Mon Nov 11 2024
Collecting uncirculated coins and bills is a popular choice for many investors who are looking to diversify their investment portfolios.
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GinsengBoost
Mon Nov 11 2024
According to International Precious Metals (IPM), for a coin or bill to be considered uncirculated, it must have never been involved in commercial circulation.
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AmyDavis
Mon Nov 11 2024
This means that the coin or bill must not have been used in everyday transactions where it changes hands multiple times among the general public.
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Martino
Mon Nov 11 2024
Uncirculated coins and bills are typically in pristine condition, retaining their original mint luster and showing no signs of wear or tear.
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henry_grayson_lawyer
Sun Nov 10 2024
This makes them highly valuable to collectors and investors who appreciate their rarity and preservation.
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