In the world of numismatic coins authenticity is key. As you would expect, verification is a very important aspect of coin trading, selling, buying, and collection. A buyer/seller/collector needs to make sure that the coin that they are dealing with is in fact the coin that they think it is, as well as get it graded for quality. One of the services that does that authentication is the PCGS (Professional Coin Grading Service). Founded in 1985, PCGS’s seven founding dealers sought to standardize coin grading.
In 1964, The United States of America ran out of silver dollars that were minted between 1878 and 1935. Most of the coins were from the Carson City Mint. Due to its decreasing supply, the government ceased the exchange of silver certificates for silver dollars. Silver dollar coins were then held by the government. Congress set up the General Services Administration, also known as the GSA, to distribute the hoard of silver dollar coins to the public in 1970. The coins were divided and organized by mint and condition. Over two million coins received an “uncirculated” rating. Others...
There are many coin shows across the United States of America. Coin shows, or coin expos, showcase many bullion and numismatic coins. Many numismatists, dealers, collectors, and those who have a common interest in coins attend these shows. Other than coins, some shows have jewelry, stamps, collectibles, and other forms of currency as well. Coin shows give people the opportunity to learn and take a look at bullion and numismatic coins. Dealers also have the opportunity to purchase coins from other dealers in the coin business.