coin dealers | Nashua Coins and Collectibles

2019 Updates

Gary Galbo American coins, certified coins, coin dealers, Nashua Coins & Collectibles March 5, 2019March 5, 2019American coins, Coin Dealer, rare coins

Since the beginning of 2019 Gary and I have become responsible for writing the blog content. Should you have any suggestions on topics you would like covered, please don’t hesitate to email laurie@nashuacoins.com and we will work on it if possible.

There is also a new auction bidding app that can be utilized by anyone, anywhere via a cell phone, tablet or computer. We can truthfully say we have an app for that! Give us a call or stop by and we can provide you with more information.

Starting very soon, Nashua Coins and Collectibles will be carrying books from local area authors which will be a great addition to our shop. The books are all mysteries which we hope will be welcomed by many of our customers! Stay in touch with us for more details!

And finally to bring you up to date on the area coin show schedule, Nashua Coins will be present at the shows coming up as follows:

3/17 at the Nashua, NH at the Holiday Inn

3/24 at Devens, MA in the Spring Hill Suites Marriott

And in April, on the 19^th and 20^th at the NH Coin Expo in Manchester, NH at the Radisson

Image result for calendar march april 2019

Six Fun Facts of the Indian Cent

American coins, American Eagle coins, coin dealers, coin expert, Indian cents, Nashua Coins, Nashua Coins & Collectibles September 14, 2018August 23, 2018American coins, Indian cents, Nashua Coins, Nashua Coins & Collectibles

One of the most popular pennies in existence would be the Indian Head Penny. Even people who don’t collect recognize the now iconic penny. James Longacre designed the Indian Head Penny. Because it premiered in the years leading up to the Civil War, this penny is viewed as an important part of the history of American coins. Though it was only struck from 1859 until 1909, the Indian Head Penny remains a favorite part of many coin collections. Here are six more fun facts about the Indian Head Penny!

1.

The Indian Cent evolved from the Large Penny. When the Large Penny was first minted, the public did approve. As the Mint reduced the size of the penny, the Flying Eagle Penny came to be. As design flaws affected the use of the Flying Eagle Penny, the Mint replaced it with the Indian Head Penny.

2.

Though most think the design is of an Indian Chief, the face was intended to be Lady Liberty adorned with an Indian headdress. When it comes to American coins, it’s hard to get more American than Lady Liberty and Native Americans.

3.

Due to their location on the timeline, Indian Head Pennies have different values. It was struck for fifty years, so multiple editions of this penny exist. The earlier versions from the years leading into the Civil War carry a higher value than newer editions. Of course, this is just a rule of thumb.

4.

The very first Indian Head Penny featured a laurel wreath on the opposite side. This edition of the penny was made of a copper-nickel composition. However, within a year, the laurel wreath was exchanged out for an oak wreath. When they made this change, they also added a small shield to the top of the penny.

5.

Most coins that enter circulation only last a few decades. Very rarely do circulated coins still exist 100 years later. This is what makes the Indian Head Penny so fascinating. Not only did it survive over 100 years, but certain editions remain in abundance. Naturally, the abundant versions are not as valuable as the more rare editions.

6.

The Indian Head Penny faced a lot of changes in 1864. The first significant change was the composition. This is the year the United States Mint chose to use bronze in penny production instead of copper and nickel. This year also saw the addition of a small L to the bottom of the headdress in honor of James Longacre.

American coins have such a rich history that too many people are unaware of. For example, the 1908 and 1909 Indian Head Pennies are the only editions with the mint marks printed on them. You never know what facts follow around the coins in your pocket. For those interested in numismatics, contact Nashua Coins & Collectibles today or visit them online!

How Long Will It Take?

American coins, antique collection, appraise coins, certified coins, coin dealers, coin expert, coin store, coins appraisal, mint products, Nashua Coins and Collectibles, rare coins, silver dollars July 19, 2017July 19, 2017American coins, antique collection, appraise coins, certified coins, coin dealers, coin expert, coin store, coins appraisal, mint products, Nashua Coins and Collectibles, rare coins, silver dollars

For those who are new to the world of coins and antiques, you may not quite understand what our shop does. We buy coins based on the rates that are on the market, then sell them. These are flexible and change every 15 minutes, so we stay up to date with these prices constantly. That isa central part of how we appraise coins. Our shop owner, Gary, looks at a coin and finds out what he can price it at in an instant. He knows coins that well. However, when it comes to the antiques, that takes a bit longer than we plan.

Now, we try to get a quote for you as soon as possible. However, some things require a lot of digging compared to others. During coin appraisals, we look for mint marks, grade, and year of the coin. A keen eye comes with research and experience. However, with, say, jewelry or pieces of art, it takes a while to find out more information about the item. The process takes anywhere from 15 minutes to however long it takes to appraise coins. It depends on how rare the piece is and its condition.

Pieces with mint marks are simpler to figure out. A mint mark on the coin explains how many got made, the amount in circulation, and many other things determining price factors. We don’t guess. So, it’s important that we consider everything when we appraise coins before we tell you a price. Also, if you are away from us, feel free to send us email pictures just in case. That way, we have time to research. Plus, you do not need to part with your pieces.

For the collectibles items that take time, it’s up to you how you are going to handle the situation. If it is going to take a while, take the object home with you. That way, we call on you to bring the object back if you approve of the price that we offer. The other option that you have is to leave it with us. The object gets locked up safe while we do our research. Our research occurs on a mix of Google links and databases to ensure that we have all the information we need. It takes some time, so it is important that we make sure all of our ducks are in a row.

Remember that getting a price from us on something that you wish to sell takes some time. We try to be quick, but it depends on the piece. If you have a rare piece, prepare to wait. The good thing is that there are plenty of places near our shop to grab a bite to eat. Or, find some fun distractions just by looking around the store. No matter what, keep in mind that appraisals aren’t always simple. A thorough research process trumps getting things done fast!