Coin collecting has become a popular hobby for many people, most especially today. With the rise of the Internet, many collectors already have access to loads of information about the coins that they are collecting and there to purchase, trade or sell them.

There are many factors that one should consider when determining your coin value. On top of our list are the following: mintage, survival rate, grade, melt value, and of course, demand.

For today, let us talk a little about survival rate or the surviving population of coins.

The total base number for a certain coin population is its mintage, which is also known as the quantity produced for that particular type of coin. After these coins are produced, they are released to circulation.  There are some instances, though, that these coins become outdated and are pulled out from circulation because of wear and tear. Some survive the test of time and these coins that are still circulating today is known to be its surviving population or survival rate.

Many numismatists would converse on actual survival percentages of coins but there seems to be no precise computation. Initially, the base supply would always go back to its mintage. However, there will be many factors that come into play and research will be your best friend. For example, there might be low mintage for a certain kind of coin. Following this train of thought, you would assume that survival rate will also be lower than the most and will technically be rarer that the rest. However, this does not mean that you have in your hands a high-value coin because other factors such as eye appeal, historical value or melt value may not be attractive to other collectors.

Research is of utmost importance when you are a coin collector because there are many factors that can come into play. While surviving rate can determine the rarity of your coin and its maximum supply, you also need to consider its intrinsic and face value because this will affect demand. It is important to note that despite limited supply, a coin will not have that much value if there is no apparent demand for it.

Numismatic firms like Colonial Acres Coins provide a facility wherein you can purchase coins that can complete your collection. Not only that, they also provide resources and lots of information in their website so you can make an educated guess as to which coin would serve its purpose in your collection. 

Colonial Acres Coins is one of the leading numismatic firms in all of Canada and prides itself by giving collectors the chance to safely purchase coins online. With more than twenty years of dealing with coins, you can rest assured that you have an expert in your hands when you deal with Colonial Acres.