Information for the Beginner Coin Collector

At some point in life many people turn to a new hobby – sometimes because it is something they want to do for themselves or it is something they want to do with a family member such as a child or grandchild for the purpose of bonding or starting a family tradition. Some people start a hobby for reasons of nostalgia, while others start a collecting as a hope with hopes of higher monetary potential in the future. One such hobby is coin collecting. People’s fascination with coins and the hobby of coin collecting has been around – well, as long as there have been coins.

The motivation for starting coin collection can vary. Since coins tend to increase rather than decrease in value, many consider coin collecting not just a hobby but an investment as well. Many collectors frequently purchase coins with the expectation that the value of the coin will increase over time. Serious collectors are interested in coins that were minted with errors, coins that have historic significance, or coins that were only in circulation for a short period of time.

Others collect coins simply because they find enjoy collecting something as a hobby and find coins interesting. There are benefits to collecting coins in addition to monetary value. The collecting of coins has an educational value for children because they learn about finance. There is also an education value for children (and adults) when they study the coins and learn of their original and historical significance.

Common themes that often make up a coin collection includes: year collection, country collection, mint mark collection, subject collection, period collection, etc.

So where does the new coin collecting hobbyists’ quality information? There are several good website sources, including but not limited to, Coins of America, GovMint.com, and The Franklin Mint.

Coins of America are a trusted resource. This company offer products for both the new and the seasoned collectors. This company sells American Eagles, proof sets, coin sets, U.S. coins, and commemorative coins.

GovMint.com is a resource that can be trusted by the beginning coin collector – they sell coins from across the world. Whether you want to purchase a coin for your collection or just looking for information on coins, you will find both on this website. For the true beginning coin collector, you will find a glossy of terms that will are very helpful. GovMint has been in business for over 20 years and prides itself on its long-term customers. All purchases made from GovMint.com have a 30 day money back guarantee. For coin enthusiasts that live near Minneapolis, Minnesota, or those passing through, can also visit the 104,000 sq ft GovMint headquarters.

The Franklin Mint is another trusted resource. This company has been in business since 1964 and offers their customers quality collectible items. This company started with selling legal tender and commemorative medallions and still does. The business has expanded to include the selling of sculptures, collector dolls, and other items as well.

Along with collecting coins, the true collector also has coin books, displays, boxes to keep and protect their prize coin coins or their entire coin collection. These above mentioned companies sell these products as well.

This article discusses the hobby of coin collecting. Why people are interested in this hobby and some websites that provide valuable information on this hobby.


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