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Coin Collecting Tips for Beginners

Many people begin their coin-collecting journey by finding an interesting coin in their pocket change, inheriting a coin collection or acquiring a few coins by some other means. Other people think they have found a rare and valuable coin and are looking to get rich quick. Regardless of where you start, here are some tips that will ensure you have a long and profitable coin collecting journey.

Start simple and small - unless you are a millionaire and a thousand dollar mistake won't bother you, you'll want to ease into the hobby and learn the ropes before you make any major purchases. Start with smaller coin purchases and coin sets that are easy to assemble. Take the time to learn about the coins, their history, how to grade them and coin pricing.

Many great coin collectors have started by assembling a set of Lincoln pennies. They are still found in circulation and most can be purchased for a moderate price at a local coin show, coin shop or online. If your budget is a little larger, you may want to start with building a collection of Indian Head pennies or collecting a type set of United States coins. Continue reading from The Spruce Crafts

From the Collection

Link to The World Encyclopedia of Coins & Coin Collecting by James Mackay in the catalog
Link to Standard catalog of world paper money edited by George Cuhaj in the catalog
Link to Coin Collecting for Dummies by Neil Berman in the catalog
Link to The Cinderella coin : a beginner's guide for treasure hunting on the internet by Kin Carmody in the catalog
Link to The Ascent of Money by Niall Ferguson in the catalog

Link to Need a Hobby Resource Guide Series