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Thursday, August 15, 2013

Old Native Indian Coins Pt. 2

Hi There Again!

           This is part two of our two part blog on rare Native Indian coins that are available for digging. you can first read part one here

         
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                                1859-1909 Indian-Head Penny


                         Today I will be covering the rare The Indian Head one-cent coin, also known as an Native Indian. This coin was produced by the United States Mint from 1859 to 1909 at the Philadelphia Mint and in 1908 and 1909 at the San Francisco Mint. It was designed by James Barton Longacre, the engraver at the Philadelphia Mint 1844–1869, as well as typography design by Steven Chayt. Finding these are quite rare, but the best locations are listed below:
. Open fields
. Farmland
. Old Churches
. Mountains (trails)
. Deserts such as Las Vegas, NV
                     The Pricing is too broad to actually specify in one paragraph, but assuming that you have a water mark in bad/fair condition in 1895 (the median year), the price goes for about $1.00 and if it is in very good, it is estimated for $30.00 +. although this coin has not much value, there were quite a few made, so if you happen to run across 500 mint condition ones while metal detecting, that would be worth around $15,000.00! that's a lot of money for a digger.
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This is all we will covering of this coin in our 2 part blog. remember to +1, tweet, like, share, and/or pin this. Thanks for your support. Comment below your opinion on this and what coin you would like to have covered for future reference. :) As always, Keep Diggin'!

Old Native Indian Coins Pt. 1

Hi There Again!

                       This 2 part blog (This one being 1/2) will be covering some of the common and rare Native Indian coins that may come along on your journey while digging for coins and treasure. By now, you should have known some of the basics to metal detecting. If not, please refer to the first blog of this series.

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                                1913-1938 Indian Head (Buffalo) Nickel

   
                If you an experienced coin digger, than you should know that one of the most common (but still rare) set of Native Indian coins are the Indian Head sets. This set although seems like it would have been made by the Natives, where actually manufactured by The U.S., while the most common are between the timeline of 1913-1938, while others before or after this span are usually fakes, misprints, reruns, or just plain rare. These coins can be found mostly anywhere if you keep searching with any metal detector, but the location is still important. The best spots include:
. Open fields
. Farmland
. Old Churches
. Mountains (trails)
. Deserts such as Las Vegas, NV
              As far as pricing goes usually, the earlier the more worth. However, this is proven false when the "condition factor" comes into play. If it was made in 1913 and in still good condition and had a watermark of official mint by Denver or San Francisco, the price estimated would be around $22.00. Although, with no watermark, the price plummets down to around $3.00. If in bad or fair condition, the worth with a watermark would be around $6.00 if made in Denver, $3.00 in San Francisco, and with no watermark, estimated to be $1.00.

              Although these prices are not worth much, in best value the prices are ranging from estimates of $150.00 to $450.00. In addition, there have been several reports of finding several of these coins in the same area, and not buried very deep.the odds of finding these are fairly satisfactory if searching in the right place, about %0.0015 per dig according to the TreasureNet statistics.
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This is all we will covering of this coin in our 2 part blog. remember to +1, tweet, like, share, and/or pin this. Thanks for your support. Comment below your opinion on this and what coin you would like to have covered for future reference. :) As always, Keep Diggin'!

Wednesday, August 14, 2013

Metal Detecting Basics

Hi there!
       
             
  This article will review many of the basics for beginning coin collectors, as well as cover some
equipment necessary for your expedition on the great hobby of coin collecting. This will be split into three separate segments, each covering different subjects. These subjects include location, basics/equipment, and a guidebook for coins and locations.

------------------------------------------------------------------------------------------------                                               LOCATION

                 Okay, as many people have found out, location plays a critical role as to what coins you will find, and how much you will be able to find. whether you are a beginner or it is your profession, no doubt will you have a higher chance of finding coins in a farm prairie than looking for gold in your couch or inside of a tree.
the top locations include old schoolhouses, abandoned military bases, burned circus sites, and surprisingly, playgrounds made with grass. Of course, to dig in any of these sites, you will need to gain permission from whoever is in charge of the place. Search online for any sites near you that you are interested in going to, and have fun while you are at it.

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                                              Basics and equipment

                  While coin digging is a lot of fun and games, it only becomes exiting when you have the basic knowledge and gear to go into the field and start digging. The first rule of coin digging is "be patient and don't lose hope. If there is 1,000 locations, you need to dig each and every one of them because you never know what lies in the next one." like starting any other hobby, you should never buy the newest and best equipment in the market. You might not know if you like coin digging, so I suggest you buy a metal detector no more than $250. Odds are, if you buy a metal detector worth $1,000, you will break it, and find maybe a penny. $999 down the drain. Most metal detectors don't come with a pair of headphones (at that price), and i suggest using an old one that is already used in your household. If not, buy one for about $40 dollars if the only purpose is for the metal detecting. When in the "field", you should always move your metal detector slowly but efficiently. If you don't get any "beeping" in the first hour, try moving to a different location, but close to your other one. The sound of gold consists of a very strong ringing, while another material such as tin will sound a little more "dull". when you get a ringing sound, try digging a 5' x 5' circle about 4' deep. Then you can look around in the dirt for a coin or metal. Try looking for shiny objects, or sharp and round objects. Do this about 10 times before moving to a different area.

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                                                          Guidebook

                   There are many coins in this business, but I will list the top most common rare coins while digging. These are listed below:
                        . Silver dollars
                        . 1964 Kennedy half dollar
                        . 1915 Panama-Pacific $50 gold piece
                        . Building nails (yes i know it's not a coin)
                        . Indian head pennies
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Now that you have the basic knowledge on coin digging and metal detecting, go out there and find some coins! Leave a comment below for other tips for beginners and coins you have found. Please rebember to like, tweet, +1, or share! Thank you all for reading.