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The following article was published in our article directory on September 19, 2010.
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Reasons Why People Collect Rare Coins

Article Category: Recreation

Author Name: Kellie

Collecting coins, just like any other hobby that involves collecting objects gives something back to the collector whether that something is monetary or non-monetary or both. People collect rare coins for numerous reasons. Some just for the fun of it, some for the financial rewards that it brings and some as a business on its own. Although collecting coins isn't among the most popular hobbies out there, the community around it is very wide in scope and nature. In fact, coin enthusiasts span the globe. Almost every country in the world has its own official organization where coin collectors, coin buyers and sellers convene to discuss and regulate matters concerning the art and hobby of coin collecting.

A lot of coin enthusiasts are willing to search the ends of the earth just to find a single piece of those coveted rare coins. An ordinary person, someone who isn't interested in coin collecting nor knows anything about it will probably ask why are collectors so excited about getting their hands on old, time-battered coins. The reasons are many but the following are the most common.

1.) Collectors enjoy the fun of hunting for rare coins and the rush of excitement after actually finding them. A lot of collectors find the extensive coin hunts as their main driving force on being in the hobby. The fun is in the hunt itself and the find is simply the icing on the cake. Collecting coins to the most adamant enthusiast is like treasure hunting, which it basically is. The rarest of coins are the ultimate rewards for these unique treasure hunters. Coin collectors are probably the most passionate hobbyists around. They are willing to take month-long vacations from work, jump planes, and fly country to country - all for a single piece of coin.

2.) Collectors want to have a piece of what a coin represents whether it's a person, a thing, a date in history, a national hero or the remembrance of an important historical event. They want a part of these representations to belong them. To be close to them. People are attracted to the figures and details a coin contains for a number of reasons. Maybe the person featured on the coin is someone they respect and are obsessed with; maybe the mintage date reminds them of something or an experience; or maybe the event that a certain limited edition of coins commemorates is an event where the collector was a participant.

3.) Collectors want to make money by buying, dealing and selling coins. Collecting coins is a healthy global business worth millions of dollars. The rarer a coin is, the more valuable it is. When a rare coin is deemed valuable, it's not just expensive, it's worth a fortune.

The reasons why individuals engage in collecting rare coins are as varied as the coins they are collecting but generally they fall under one of the three reasons we just discussed.

Keywords: rare coins, coin collecting tips, coin collecting, coin collecting hobby

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