Things You'll Need:
- White Gloves
- Magnifying Glasses
- Coin Collecting Magazines
- Coins
- Coin Album/folders
- Coins
-
Step 1
Decide what type of collection you'd like to build. Do you want coins from a particular location or time period, coins with stars on them, just dimes? You may just want to dig through your pockets and start with what you find there.
-
Step 2
Learn all you can about the particular coins you choose. Many books and Web sites are dedicated to coin collecting, and they can teach you all of the basics such as what the grades are and the appropriate prices for particular coins.
-
Step 3
Complete a set. Collect one of each year and mint mark of your coin of choice. (A mint mark tells you where the coin was made.)
-
Step 4
Start looking for discontinued coins. Dollars, half-dollars, dimes and quarters minted before 1965 were still made of silver. Pre-1970 silver dollars and half-dollars are also at least half silver. Today, only special collector's mintings contain silver (at a ratio of 40 percent silver and 60 percent copper).
-
Step 5
Subscribe to coin publications such as "Coin World" or "Coinage Magazine."
-
Step 6
Visit a local coin shop. Get to know the people who work there; they can help you expand your collection by explaining ways to find pieces you're missing.
-
Step 7
Pick up a collector's display album or folder to proudly show off your newfound hobby.
Comments
sunwukomk said
on 10/2/2009 www.petitioncrown.com
"I have a dream" said one man, one day I would walk in a coin shop and the owner would bring forth a HENRY VIII testoon. It is a shilling oh Henry VIII the British King that had many wives. [A coin that would have cost 1700gbp in 1974 today could cost u 75’000gbp]
British coins are so diverse and with over 1000 years of history opens the door to collect everything from a CELTIC coin to a farthing of ELIZABETH II.www.petitioncrown.com
Today the market is still continuing on an upward trend, start, enjoy, search you will be rewarded by an interesting hobby that also introduces u to many new friends. Coin collecting is first a hobby of Kings and today seen as an” investment tool for wealth protection” Such words we dare not have said a few years ago.
Avice only buy in these markets the finest you can afford. See the non commercial site of www.petitioncrown.com...
guest00 said
on 6/7/2007 Finding Coins- If you are really into finding coins you could purchase a metal detector, and go looking all around for them. The best place are spots where people either sit down a lot, or lay down there clothes, such as benches at beaches. Make sure you have permission at public places though!!!
guest00 said
on 6/7/2007 Storing Coins- If you have a lot of valuable coins that mean a lot to you, put them in a lockable safe. What I use is a fireproof safe that locks up. You can find these at Wal Mart, and other places like that!
Anonymous said
on 8/8/2006 A great way to start an inexpensive collection is to pay attention to the change in your pockets. I have found half dollars, old pennies, old silver dollars, and even one cent pieces from Canada, even though I live in the U.S.!
Anonymous said
on 2/1/2006 Begin by finding a series of coins that interest you. Find and buy a book on it. Read it, cover to cover. Learn the Numeric Grading Scale (1-70). Learn the basics of the grading of your coin series. Learn the major third-party grading services(PCGS, NGC, ANACS, ICG). When buying, don't start off expensive. Buy lightly circulated examples. Look at 100 examples of your coin before you buy one. With these tips, you should get of to a good start. Good luck!