Why Collect Coins? by Jon Gammon
So why collect coins? Answer is simple really. Coin Collectors,
sometimes called Numismatists, enjoy collecting coins on various
levels. Some collect coins for their rarity, some collect coins
in the hope that one day their collection will be worth a value.
Some just do it for the sure pleasure of having a hobby that is
easy to do.
Doing a little research and starting off small is the greatest
way to get started in this hobby. Learn all you can about coin
collecting basics. There are many coin
collecting books and websites (like this one) out there, that
will try to put a clearer understanding of what coin collecting
is all about, and we are here to teach you what you need to know
about coin collecting.
Coins have a history about them, when they were struck, why the
design was chosen for that time period. There are no reasons etched
in stone that says you have to collect coins in any particular
way. You collect the way you want to, if you want to only collect
pennies, then only collect pennies, if you want to collect complete
sets of each of the denominations of coins, then do that, or you
can just collect the coins that interest you. You decide what,
when, and how to collect.
Coin collecting basics is this, start small. Decide what types
of coins you would like to collect. What would you like your collection
to consist of? Pennies, Nickels, Dimes, Quarters, Half-Dollars,
Dollars, Gold, Silver, Paper Money. It doesn't matter.
Maybe you want to just collect coins from a certain time period
that interest you. Whatever your decision, stick with it and work
to completing your collection. Also remember that coins that were
struck at different places have different mint marks. A mint mark
is a letter that tells us where the coin was struck. Each of the
coins that you wish to collect will have different mint marks,
to complete a set you will want to have each of the mint marks
for that coin.
Subscribe to a coin magazine, Coin World is a good one. They
have a wealth of knowledge pertaining to collecting coins. Also
visit a local coin dealer, not only will you be able to look at
a variety of coins that the dealer will be selling, they also
can answer questions that you may have, they are there to help
you build and understand coin collecting basics. Use that to your
advantage.
I guess you will need a nice place to put your newly acquired
coins. Find yourself a coin folder to display your coins. And
once you get into the hobby more you can get some coin sleeves
to house your collection and store them the way you would want.
The possibilities are endless with coin collecting, and learning
coin collecting basics is the first real step in the progression
of building a great coin collection. Building a coin collection,
is a long process. It doesn't happen over night, it doesn't happen
in a week, and unless you are filthy rich, it won't happen in
a year. Collecting takes time, effort, and persistence, and the
fact of the matter is, there are so many different types of coins
to collect that it takes time to study and learn about each of
the prospects.
The United States have produced many different varieties of coins
from the penny to the gold dollar. They have produced commemorative
coins celebrating a historic event or an anniversary. Whatever
you chose to collect I am sure that with a little effort on your
part, that your collection will be something that you can pass
on to your children, or build a small nest egg for your retirement,
or whatever you choose to start coin collecting for. Learning
coin collecting basics is a healthy start to building a wonderful
coin collection.
About the author:
Jon Gammon is the author and webmaster at http://www.thecoinalley.com.
Visit http://www.thecoinalley.com to view other related information
on the wonder Hobby of Kings.
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| What are Commemorative Coins? (BellaOnline) Sat, 22 Nov 2008 14:36:01 GMT Commemorative coins have become very popular. Many people want to have different kinds of coins in their collections or for souvenirs. Many times they are used as traditional gifts for special occasions. These coins are not considered to be practical gifts, bur are commemorative items that can be ke
| | | Some coins in circulation worth more than face value (WVLT-TV Knoxville) Sat, 22 Nov 2008 07:49:09 GMT It might be worth the time to start taking a look at all the loose change you come across because believe it or not, some coins are worth several times more than their face value.
| | | Stamps & Coins: Take it to the bank: 'America's Money' is a great gift (The Sacramento Bee) Sat, 22 Nov 2008 08:15:01 GMT When I was growing up, I knew Christmas was close when TV ads for Norelco shavers showed Santa sledding down a hill on a razor. Now I know the yuletide is near when I go into a Walgreens and see displays of candy canes, garland and wrapping paper. That happened the day after Halloween. So it's time to start thinking about holiday gifts for collectors. Given the economic climate, most might ...
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