Coin Collecting Can be Fun, Lucrative and Educational

coin collecting

Coin Collecting Can be Fun, Lucrative and Educational

People engage in hobbies at all ages and some of those hobbies include collecting interesting and sometimes valuable objects such as rare or foreign coins or rocks or unusual looking junk that poses as interesting conversation

pieces and works of art. Some people are so passionate about their hobbies that they become experts and use their knowledge or talent to earn a living or simply share with others.

Coin collecting is a common hobby, especially among children, with some of them growing into coin dealers that cater to those who share their interest. Coin dealers spend a lot of time

searching and researching and attending coin

shows to find the collectable money with the most value and they use a method called coin grading to determine a coin’s value. The value of a state quarter can vary depending on it’s age, type and wear and tear such as nicks or grooves or if it is worn down around the edges.

Many coin dealers also buy coins, but you should be careful about who you sell them to. A local pawn shop is probably not a good idea, but attending a coin show is a great idea.

Coin grading is available and you can mingle and network with other dealers and collectors.

If you are interested in coin collecting, but not sure where to go or what to collect, quarters are a good start as well as foreign coins and reading publications such as CoinWorld.com will give you information and ideas. I collect mainly state

quarters, but I also hang on to anything I find that is really old, rare, foreign or all three combined.

You should note, if you do not already know, that any collectable money, coin or currency, is not worth more than it’s face value if it is not uncirculated with the exception that an uncirculated coin ends up in circulation and it does happen and a person with a good eye will catch it. I have received a few rare, collectable coins during money transactions while shopping. It’s rare that it happens, but it is very exciting when it does.

Coin collecting can be a lot of fun and lucrative.

In coin collecting, US gold coins include the 2006 buffalo gold piece which was made for purely public sales. Buy US gold coins while it’s a seller’s market with tips from the owner of an antique store in this free video on coin collecting. Expert: Rui Farius Bio: Rui Farias has over 20 years of experience in collecting antiques and coins, and 15 years of experience in buying and selling antiques. Filmmaker: Christopher Rokosz

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