Coin collecting is an excellent way to satisfy the urge to explore, collect, and learn without the danger or expense of traveling the globe and digging through ancient graves!
One key to coin collecting is to choose a theme to base your collection on. You may choose to collect coins from around the world—or develop a collection of coins from a particular country. You may also collect ancient coins. Any of these collections can be started with little or no investment.
Once you have chosen a theme you should start researching the coins and their history with a book. Learn as much as possible about your chosen coins. This will not only help you to become knowledgeable about your collection, but it will help protect you from unscrupulous sellers who may inflate the value of their coins. Absorb your topic and you may even find there are specific time periods or more specific themes or series within a group that you may want to focus on.
You can find sources for buying coins almost everywhere; however you can be easily taken advantage of because of a lack of knowledge about the value of a coin.
You can find coins in common currency. This is an easy way to begin and you do not risk any investment. The U.S Mint currently has several new coin designs out suitable for the beginning collector. Investing in a basic collection gets you started for a relatively low investment and gives you uncirculated coins, it also serves as the basis for further collecting.
There are coin shops and shows where you can find knowledgeable collectors who can help you find what you need and can give you advice on furthering your collection. Be wary of sellers at flea markets, antique shops, or other on-targeted markets where the seller may inflate their prices or sell problem coins to unknowledgeable customers. Many of these sellers are even less knowledgeable about coins than the beginning collectors they sell to. The same risk can come from mail order or online purchases. Knowledge is your best insurance when dealing with these dealers. Use businesses referenced in coin collecting publications or from other collectors who you trust.
My name is Gary; I am the new editor for the coin collecting site. I live in Mid-Missouri with my wife of 26 years. I am still working on some ideas for this site. I am always open to suggestions from you the readers, so please send me your comments. If they are good ones they will be incorporated into the content. My goal is to offer information that collectors of all experience can use. So send me your suggestions, comments, or whatever. Together we can build a great site.
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