Are you someone for whom the Jingle of variant coins are no different sounding than the rhythm from a string of guitar? If yes, than numismatist thus is thy name! For numismatists, the coin values they hold are a prized possession which is purely for the rarity and value they own.
When it comes to the hobby of coin collection, there are different leagues of collectors who go beyond the realm of mere patrons. They keep a list of coins they possess and a list of those that they ought to own to complete the series, doing so they derive a level of satisfaction which is unfathomable for mere mortals.
It is as though they dream, talk and trade in an era which we call the historic past and the essence of it only they can feel. The coin values are for collectors what stocks are for stockbrokers. It is not just important to own them but also know the value, which is hinged on different factors, chiefly, its antiquity or the historic period it represents (the older ones will fetch more value), the quality or the condition of the coin (less damaged the better), and most important one, the value of the metals it is made of.
Know a bit more
While the ancient Indian historic coins such as Mauryan or Shaka era are very rare and may fetch a fortune, Kushan and Gupta era coins which are made of gold, thus are a value within themselves. Internationally, Barber Dimes are a hot cake with many coin collectors, Charles Barber, the chief engraver of the USA mints bureau designed these coins in vales of a dime, quarter and half a dollar in the late 19th century. These coins fetch higher value when traded in a set representing a chronological series.
In short, while antic coins made of different materials such as Gold, silver, bronze may fetch different values depending upon their pedigree, they also have an underlying value due to the material used or perhaps, even the political or historic era they were made in. this marks the compulsion to be aware of the coin values one holds and also to keep a tab on the market fluctuations of their value.