Collectible coins encompass a wide range of items, including historical and regional pieces. In the context of the United States, collectible coins can include private and regional issues that predate the establishment of the country in 1776, such as those minted by colonial governments or private entities engaging in commerce. The year 1616 marks significant developments in coinage as various European powers began to issue currency in their American territories, establishing a precedent for later numismatic practices. Collectors often value these coins for their historical significance, rarity, and connection to early American history.