Thursday, October 11, 2012

Tips for Starting a Coin Collecton

Coin collecting seems like it can be a relatively simple process but there are a lot of details that can go into it especially if you are looking to collect for a profit. Many people are not sure what to actually do when they want to turn their past time into something more substantial.  Here are a few tips on how to get started with some coin collecting that can make an impression in later years.

Decide on What to Collect
Since there are thousands of different coins circulating and un-circulated, it can be hard to decide on what coins to actually start collecting.  Much of it will mostly like be determined on how much you want to spend on your collection.

If you are a casual collector, starting with circulated coins could be the easiest.  For instance, in the US, many people collect the Wheat pennies that you can still find in circulation somewhat today.  Steel pennies are also a great find and looking for ones in good condition can get a bit tough.  Nickels have a lot of interest for collectors as do the Half Dollars. Once you decide what your interest is, move on to the next section.

Storing or Displaying Your Coin Collection
If you are going to be a serious coin collector, there are some supplies that you will need to decide on depending on how you want to display your pieces.  Many collectors that are just starting use coin books.

These are leather bound or fabric bound books with slots for specific coins.  These books will protect your coins and let you know what is still needed for your collection.

There are also many other different ways to protect your coins such as tubes, sleeves, 3 ring binders, plastic cases for individual coins. Mint cases and many more.  Once your collection grows, then it is time to look at display cases, wall mounting options and other ways to share your treasured coins.

Collecting coins is a pleasure for so many people and it is a great hobby to share with your children too. Find a favorite coin you want to work with and get started today.

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