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The following article was published in our article directory on January 2, 2012.
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Tips on Coin Collecting Foreign Coins

Article Category: Recreation

Author Name: chickie maxwell

If you want to broaden the scope of your numismatics hobby, why not go into foreign coin collecting? Collecting world coins offers you a range of opportunities on how to organize your collection, ranging from collecting a coin from every country in the world or collecting coins featuring world leaders or national flowers. You can also focus on collecting coins from only one country. But it can be very difficult to start since you don t normally encounter foreign coins in your pocket change and you generally will have to buy them from a dealer.

If you want to get into coin collecting world coins, you should start by educating yourself as to the types of coins that are available. You can do this by buying a good guide book to world coins. These books will not only list all the coins that have been issued all over the world to date but will also give you projected values for them based on condition. Many of these guides are also available in DVD format so that you can read them on your computer.

After looking through a guide you can start deciding on the kind of foreign coins that you want to collect. Make a list of the coins that you would like to collect so that you can start looking for them. A good source is online dealers since you can buy from sources all over the world, making it more likely that you ll find the coin that you want. But you should make sure that they are trustworthy by checking them out with the Better Business Bureau or recognized numismatic organizations. The dealer should also have a good return policy so that you can get your money back in case you're not happy with your purchase.

One simple way to start your world coin collection is by buying coin lots. These are groups of unsorted coins which are sold at a relatively low price. While the chances of finding a valuable coin in these lots is very small, these lots are still a great way of getting a lot of foreign coins at one time that you can use as the foundation for a collection. And you can trade the coins that you don t want with other collectors who may be looking for them to fill holes in their collection.

If you are interested in collecting new coins from a particular country you can visit the websites of their official mints. Just like the US Mint, these mints sell coin sets and individual commemorative coins and are happy to deal with overseas buyers. It is also safe to deal with them since it is a given that they are a reputable source of foreign currency.

If you are looking for rare or antique foreign coins, you can visit auction sites such as eBay or more specialized numismatic sites. But if you are planning to start coin collecting these valuable coins you should do your homework and be very careful who you deal with in order to avoid being cheated.

Keywords: coin collecting

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