Coin Collecting | Coin Collectors Dream



Coin Collections: Beginner's Guide To Coin Collecting


Coin collecting is a hobby that is extremely popular among a lot of people. Whatever the age of the person is, collecting coins has its benefits. In most cases, coin collections gravitate on two things. For children, they tend to collect coins that look pretty or unusual. However, for adults, their coin collections will tend to gravitate towards the value of it rather than the looks.

People have different ways to acquire their collection. Some will just collect any coin that they stumble upon, while there are people who buy in bulk and eagerly anticipate limited mint edition of coins. Whatever your methods are, there may be some questions that you may want to ask about this particular hobby.

The first would be about handling the coin collection. As a beginner, you must understand that you should handle the coins as little as possible. The fact that fingerprints on an uncirculated coin can dramatically cut the value of the coin, you must never handle the coin at all. However, if you do need to handle the coin, do so from the edge and never on the face of the coin.

If you need to lay the coin down, it is important to use a velvet pad if it is available. But, if none is available, a soft and clean cloth will do. If you are going to handle coins that are extremely high in value, you must do so with surgical gloves and protective face mask.

Most people will also tend to ask how to keep their coin collections clean.

Basically, you don’t really need to clean your coin collection. In fact, you shouldn’t even think about cleaning them at all. Most collectors look for the authenticity of the coin rather than its shiny newness. Even if you wipe the coin clean with clean, soft, and lint-free rag, it will leave hair line scratches on the coin which will greatly reduce its value. So, cleaning a coin collection is never really an option.

Storage is also another question that you may have about coin collecting. Basically, the goal in storing your coin collection is to protect it from temperature extremes and humidity. Also, you may want to protect your coin collection from dust, dirt, chemicals, and even fingerprints. So dehumidifying equipments will be needed as well as locking the storage as airtight as possible.

In most cases, low value coins are kept in almost any container and can be handled any way you like. However, when you are dealing with high value coins, you will need to give it extra attention. The goal here is to provide a container that will preserve the coin's condition. Make the container as airtight as possible, and the container should also be able to display the coin in order for you to never need to take out the coin from the container.

Uncirculated coins are very much valued by collectors. However, if you really want a valuable coin collection, go for rare ones if you can afford to have it. Learning about grading coins can also help you to determine the true value of a particular coin.

So, if you want to start your very own coin collections, you may want to keep these things in mind. With these tips, you can be sure that you will be able to know how to handle your collection and also help in appraising its value. Always remember that this hobby is not just fun, but is also a good investment.

Articles compliments of skaDoogle


Coins For Sale
Browse Our Information Mall

Other Interesting Articles

Guide For Rare Coin Collectors

Coin collecting is one hobby that is both fun and challenging. To help those who are looking for those rare coins, here is a list of hard to find ones that are worth moving “heaven and earth”... [Read more]

What Are Factors That Affect The Value Of Coins?

When one is just starting in coin collecting, often the first question is: “What is the value of the coin?: and the answer is that the coin will cost as much as you are willing to pay for it and the amount can vary considerably. For instance, a coin dealer’s offer can be much less than a coin collector that certainly wants your coin badly to add in his collec... [Read more]

Do's And Don’ts Of Coin Collecting

Coin collecting is something that takes time to learn. The most important thing to remember is that you are doing it for the right reason - if it is a passion, then it is something worth purs... [Read more]

Tips On How To Avoid Fraud On Collectible Coins

Many people enjoy shopping online where there are great buys of coins that can be found. A person may prefer do his shopping while he is at home because it is convenient and time-saving instead of going out looking for stores that sell collectible coins and other souve... [Read more]

How To Detect Counterfeit Coins

A special machine does the stamping of coins to make them genuine. People who counterfeit coins are well trained and have the capacity to manipulate their duplication - especially those rare coins which have high value among collectors. The most common procedure used in counterfeiting is that they pour a liquid metal into molds that will leave die marks with cracking on the counterfeit ... [Read more]

 Watch Videos on "Gold"

Coins - Google News


Bitcoin: To Infinity And Beyond?
Seeking Alpha
It starts out as just one company allowing acceptance of the coin. Then, others follow. Then, Bitcoin becomes a way of life as a form of payment. And, as the currency's demand increases so does its value. Keep in mind that there is a limited amount of ...

and more »


The Independent

This is how you could make 1000% profit on your old ÂŁ1 coins
The Independent
Traditional ÂŁ1 coins are due to be phased out by the end of the year, but yours could be far from worthless. It's time to dig under the sofa cushions and empty out your pockets, with collectors ready to pay far higher than face value if you can find ...

and more »


CoinWeek

World Coins – Hologram on New Coin Shows Melted Antarctic Ice Shelf
CoinWeek
To highlight the effect of global warming on the Antarctic this coin features an image of the Larsen B Ice Shelf with a hologram effect struck onto the coin. The hologram represents the part of the ice shelf that collapsed 15 years ago, which retreats ...

and more »


The Economist

Numismatics—acquiring old coins—outperforms other investments
The Economist
BEHIND the heavily fortified door of Stack's Bowers, a gallery of rare coins in New York, smiling salesmen show off their precious wares neatly displayed in pristine glass cabinets. To the untutored eye, it looks like pocket change. Numismatists, who ...