Begin Your Coin Collection With 4 Simple Tips

Author:

Hazel Blackthorne

Coin collecting can be a very interesting and rewarding hobby. It is interesting because you will learn the history about coins and its rewarding in the sense that rare pieces can be quite valuable. If you are interested in collecting coins as a hobby then the following tips will help you choose the coins to start your collection:

Tip 1: The best place to start is with the denomination of the coin. Begin by collecting each set of denominations of the country you are interested in. The easiest ones will obviously be the country that you reside in. The easiest way to begin is by collecting coins that have already being issued and are still in circulation. After you have collected the entire denominations move on to the coins that have been discontinued. These will be harder to find but, they are out there.

Tip 2: After collecting all the denominations you can create different categories within each denomination. For example, if you are collecting US coins this could include the classic head, the coronet, or the liberty cap. You could also categorise them by presidency such as Kennedy, Roosevelt or Lincoln. If you are collecting British coins then you could categorise these in to Queen Victoria, King Edward or Queen Elizabeth.

Tip 3: Collecting coins based on the date is one of most interesting and popular ways to increase your collection. You could begin by collecting a dollar or a 5 pence piece from each year to as far back to when they were originally minted. For the older minted coins you may have to buy these from another collector however, these are relatively cheap unless they are rare and have a limited mint mark. The mint mark indicates where the coin was produced. By collecting coins based on their date you will substantially increase your collection and it also shows a wonderful snap shot of coin history.

Tip 4: Another popular way to collect coins is based on the year of issue. For example, what many people do is collect every coin that was minted and issued in the year they were born. Depending on your age you may still be able to acquire all the coins by purchasing them as government issues or from the Royal Mint if you are collecting British coins. For example, if the year you were born included an historic date such as a Coronation or the landing on the moon then you can get commemorative coin sets that can become valuable especially, if they were limited editions. If you are looking for coins before 1960 then you may have to search and spend more to get what you want. What you will find is that the harder you have to search for a rarer coin or coin set the more joy and satisfaction you will get out of it and, that is what coin collecting is all about.

Article Source: http://www.articlesbase.com/collecting-articles/begin-your-coin-collection-with-4-simple-tips-2455264.html

About the Author

As a full time writer, Hazel Blackthorne researches and writes articles on subjects she is passionate about. You can visit her new website at http://www.mosesbasketcovers.net / which provides information relating to moses basket covers and accessories.

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