Coin collectors show coming to Niles

Published 10:48 pm Wednesday, April 6, 2011

Ever wondered what those old silver coins are worth? Well, now is the time to begin the hunt, because the International Coin Collectors Association is coming to Niles April 12-16 in search of the most rare coins in world.
The ICCA has recently uncovered some rare coins that might have been hiding in a closet or attic. An 1894 S Barber dime sold for $1.9 million. A gold coin collection was uncovered in a small North Carolina town for $120,000. A penny was even recently sold for more than $300 at a show in Georgia.
During this event at the Niles Inn & Conference Center, collectors are hoping to see items such as coins and paper currency issued prior to 1965 and gold items including class rings, mismatched earrings, broken necklaces, gold coins and bullion. Coin collectors are very serious about their hobby — so serious that they will pay a lot of money for the items that they are looking for. Nearly all coins, vintage jewelry, bullion, Krugerrands and paper currency from the early 20th century and later are sought after by collectors. Experts make offers based on what collectors are willing to pay. Then, when one decides to sell, they get paid on the spot and the ICCA sends the item to the collector at their expense.