Monthly Archives: March 2014

Starting a Rare Coin Collection

Kenneth Goldman, coin dealer and expert appraiser, possesses experience with rare coins totaling more than 50 years. Kenneth Goldman continues to help collectors across the country begin and build collections of rare coins.

For the beginning coin collector, building a collection may seem like a daunting task. There are countless different kinds of coins available on the market, some rare and others quite common. Many collectors enter the hobby seeking to acquire rare coins, which they can later sell. A beginning collector can take his or her first steps by acquiring readily available yet older currency designs. A penny roll from a bank, for example, is likely to yield at least 15 “wheat pennies,” which were minted between 1909 and 1958.

Once a collector has begun to acquire these older coins, he or she can begin to shop for rare coins. Research is an important first step in this endeavor: a collector will need to be familiar with the value of rare coins in certain categories so as not to be overcharged. After perusing a few books and websites, the collector can begin to seek out rare coins at online or live shops or coin shows. The number of available coins may be overwhelming, so a collector may wish to limit himself or herself at first to a certain design type and seek out different design types within that denomination. Then, the collector can expand to different denominations and build a collection in an organized, yet goal-oriented manner.

Kenneth Goldman, president of Kenneth Goldman Inc. has been assisting collectors and investors for nearly 50 years in the orderly acquisition as well as dispersing of coin collections. We would be pleased to send you a brochure describing Mr. Goldman’s experience.

Mr. Goldman is a life member of the ANA and has been a member for over 35 years of the Professional Numismatics Guild (PNG).

In addition, Mr. Goldman has been a qualified expert witness for the Federal Trade Commission and can help with any and all problems that may come up regarding rare coins.

We welcome inquiries at or by phone at (781) 449-0058.

Kenneth Goldman, Inc. P. O. Box 920404 Needham, MA. 02492

Lifetime ANA  member in the Boston area.
Rare coin appraisal near Boston
Assistance with rare coin legal issues.


Types of Fake Coins

Kenneth Goldman has over 50 years of experience in collecting rare coins. As president of Kenneth Goldman Inc,  Mr. Goldman has seen nearly all types of coins that exist.  Mr. Goldman began his career in the late 1960’s and has been a full time rare coin dealer for well over 50 years.

In terms of rare coins, there are oftentimes more counterfeits than legitimate pieces. Here are a few commonly found types of fakes according to the Professional Coin Grading Service:

Cast Counterfeits: Identified by a visible seam found on the edge of the coin, these basic copies are often underweight and use base metals in place of precious metals.

Electrotypes: Electrotypes are made by impressing a real coin in a soft substance to create a positive shell.

Transfer Dies: The most commonly used technique for counterfeiters, transfer dies are created by impressing a coin into a steel die. These can then be copied using a base metal such as steel.

For nearly five decades, Mr. Goldman has attended over 95% of every major coin convention and coin auction held in the USA—something that very few, if any, professional rare coin dealers can claim. All of the major coin auction companies in business today acknowledge that Mr. Goldman is one of, if not THE, longest continuous client that they have.

With Mr. Goldman’s vast experience, he is well aware of what is rare, what has great potential, how things should be sold, and can relate his experiences with rare coins at a time when most of today’s coin dealers were still in grammar school !!,

For any questions regarding rare coins, Kenneth Goldman can be reached at:
Address: PO Box 920404 | Needham, MA 02492
Phone number: (781) 449-0058

Full time Rare Coin Appraiser in the Newton, Needham, Wellesley & Dedham area
Currency appraisal