The Successful Coin CollectorWritten by Jon Gammon
So you want to become a successful coin collector. Well you have some simple concepts that you must learn in order for you to become a good coin collector, and let’s face it, if you don't learn some key rules for collecting coins, you are not going to enjoy collecting coins. •Well I would say that EDUCATION would be most important factor for anyone to be a successful coin collector. Learn as much as you can about this wonderful hobby. Buy as many books and reading material on all aspects of coin collecting that you can get your hands on. This may even include subscribing to a few coin collecting magazines like Coin World. There are many online organizations, some listed on this site, and you can read about just about anything that there is to know about hobby of collecting coins. •Learn to be a coin collector. A true collector collects coins for right reasons. It is what he loves, it’s a true passion for him. It is what interests them most and they study market and learn what it is they are purchasing. Most collectors build collections for not only feel of hobby, but to make money as well. A true collector is building an investment and knows what he wants out of his collection. •Make sure you know where to get information you need to succeed in hobby. Coin magazines, brokers, and newsletters in hobby are a great way to keep up with what is going on in coin industry. In my opinion greatest place to find information on coins that you are looking to collect are from dealers and other collectors. Working with your local coin dealer, who is established and well informed would be one of your greatest relationships that you will have in your hobby.
| | Why Collect Coins?Written 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 hope that one day their collection will be worth a value. Some just do it for sure pleasure of having a hobby that is easy to do. Doing a little research and starting off small is 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 hear to teach you what you need to know about coin collecting. Coins have a history about them, when they were struck, why was design 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 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 denominations of coins, then do that, or you can just collect 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 coin was struck. Each of coins that you wish to collect will have different mint marks, to complete a set you will want to have each of 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 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 hobby more you can get some coin sleeves to house your collection and store them way you would want. The possibilities are endless with coin collecting, and learning coin collecting basics is first real step in progression of building a great coin collection.
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