Coin Collection For Beginners – 3 Valuable Tips

Coin collection was started initially simply for the purpose of preserving valuable ones. It is a respectable hobby in today’s world. There are thousands of collectors trying to get their hands on the rare coins that everyone’s looking for. Although some of the collectors are in it just for the money, many still appreciate this as an art oriented past time. Whatever the reasons you want to get into this hobby for, it is worth reading up a bit on how you could get started off on your collection. We have just done that, and this article is intended for those of you who wish to start off from scratch.
1. Keep your ears and eyes open
Any collector would tell you that this is how you can best get your hands on valuable coins wherever you may live. Coins have an uncanny habit of turning up in the most unexpected of places, and that is why keeping your senses can get you some fine coins for your collection. Look hard at the change people give you when you shop – very often collectors have been handed valuable coins this way, by mistake. Do ask friends and family if they have any coins lying around the house. At times you may find a piggy bank filled with ancient coins that are not in circulation any more, and that would be a collectors’ dream come true. If you do not have the patience to wait for the coins to come to you (as will happen eventually), you could always start your collection off by buying a few coins from dealers who specialize in that sort of thing. Getting a good coin collection kit from a hobby store is another good way to start off. You could also meet professional collectors – they are usually very inviting to someone new to the hobby, and may even give you some coins that are a not fitting in their collection, to help you start off. Needless to say, these coins would probably not be the rare variety – but hey it’s a start anyway.

2. The Internet
The Internet has changed a lot in our day to day life, and yes you can definitely buy coins on the net. You could buy coins online on auction sites such as e-bay. At times a collector needs to sell out his or her coins for financial reasons, and you could get your hands on an entire collection this way. You could read about the coins on the Internet and then decide on how much you can afford to pay for them. Usually you can get pretty good bargains on e-bay. Another reason why it is good to start off by buying a collection off the net is, people feel awkward talking face o face to professional when they are new to the hobby. So the internet can save you time, money as well as a bit of self respect, if you are the sort who is aware of things like that.
3. Supplies
Lastly you will need supplies such as a good magnifying glass to examine your coins, and a coin collecting album.