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« Back to articles from category "Recreation"

The following article was published in our article directory on December 30, 2011.
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The Basics of Coin Collecting

Article Category: Recreation

Author Name: chickie maxwell

Coin collecting can be a worthwhile hobby since it gives you a deeper understanding of US history. And it is very easy to start since you can simply look at the change in your pocket and separate the ones that catch your attention. You can also ask friends and family for coins that are unusual or old. In the beginning, you ll start by collecting coins that you find interesting but eventually, you ll want to begin focusing on a particular organizing factor for your collection. Examples of these factors include collecting all the coins in a series, such as the Eisenhower dollars that were minted from 1971 to 1978, in which you'll get a dollar from every year they were issued as well as from each branch of the US Mint where they were made, such as San Francisco or Denver.

The next step in getting into coin collecting is to get the proper equipment. First, you will need an album in which to store your coins. These albums feature transparent polystyrene windows or slides which you ll use to keep your coins which also allow you to see the coin clearly without having to remove it. There are also albums that have pre-printed spaces for particular coins in which you simply slip the coin in the correct slot. Alternate storage options include envelopes, snap-lock plastic cases, cardboard coin holders and plastic tubes.

There are also some other pieces of equipment you may need, most notably a high-power magnifying glass so that you can inspect the coin more closely and look at particular details, but also a pair of white cotton gloves for handling particularly valuable coins, a plastic ruler for measuring your coins and a padded tray on which to set your coins while you're examining them. And you must have a good reference guide that will include information on various coin releases, mint marks, prices and grading guidelines.

One of the thrills of coin collecting is deciding how to add new coins to your collection. There are a variety of sources from which you can purchase coins, including buying from reputable coin dealers, either online or through coin shows and shop visits, trading with other collectors and looking at antique shows and flea markets. In addition, you can buy coins directly from the US Mint, which offers a variety of products, including individual coins as well as collectible sets that are made of all the coins in a series in uncirculated or proof variants.

When you have finally put together a collection, you ll also have to handle your coins carefully in order to ensure that they stay in good condition. Keep in mind that with poor handling, coins can be scratched, which can affect their value. When you re holding coins, always hold them by the edges to avoid smudging the surface with fingerprints, since the natural oils can cause corrosion in the coins.

Having the right equipment can make coin collecting more enjoyable as well as ensuring that the value of your collection is maintained.

About the Author: MyReviewsNow offers information regarding coin collecting. To learn more about coin collecting, visit our website at MyReviewsNow.net.

Keywords: coin collecting

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