Coin Collecting Tips For Beginners

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.

A. 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.

B. 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.

C. Supplies
Lastly you will need supplies such as a good magnifying glass to examine your coins, and a coin collecting album.

Collecting Those Quarters

Collecting coins is something that anybody can start. Collecting waters is something that we believe over 6 million people in our country are into. Adults and children alike are into this hobby.

So what exactly is it that attracts people to this hobby of collecting coins? It is easy to start off collecting your quarters since you can find them almost anywhere. The coins themselves will probably not cost you anymore than their value, that is - a quarter each. Charter start collecting these special in demand coins?

A. If you are working on a budget

If you are among those who is concerned about budgets start your collection with the change you get from shopping. That is probably the simplest way you can start of on any going collection. If you want to take it one step further you can get the whole bunch of coins from dealers who specialize in this sort of thing. Try and get your hands on coins that have never actually been circulated. That is what you call a mint condition coin.

B. Storing the coins in your collection

Many people choose to store their coins inside glass bowls and containers. There is nothing wrong with that. However professionally collectors prefer to use coin albums and other ways to display their coins and keep them protected at the same time. You could get these from coin dealers as well as from hobby stores.

C. Concentrating on collecting quarters

Children love to collect coins and why not get your child started off collecting quarters? Children love the idea of a brand new quarter in their pockets. This is a fun way to get a child interested in the history of a country. When a child of finds a new coin you could dictate a short story about its history and this way you get the child to learn some history in an unconventional manner. If you can combine education with fun why not do so?

D. The history of coins

When Koreans are first minted they are minted based on an order of the different states of the country. American history tells us that the state of Delaware was the first one. So, the first quarter which was ever minted in the United States was of Delaware State. If you're interested in finding out the order of other states you could check out the schedule after 1999.

As you must have understood from this article, Collecting Collins is a great new way to enjoy your free time as well as to get your child interested into some American history. Once you have started on your collection it is only going to get bigger with time. So make sure you have a means of storing them so they do not get scratched and damaged over a period of time.

Coin Collecting Auctions: Bane or Boon?

Maybe you are a coin collector wishing to trade in some of your double coins. That is in fact the joy of such a hobby. On the other hand you could also buy or sell your coins rather than to exchange those with another connector like yourself. In such case options are a great idea to look out for. If you are willing to pay good money you can get some fascinating and the rare coins on options. In fact it is a known fact that you get the rarest of coins only through auctions from our other collectors looking to sell their coins for the highest possible sum of money.

Any auction would have a set of rules that the buyer as well as the seller need to adhere to. This is unlike exchanging your coins with other collectors, where there are no rules except those that you and the other collector decide upon. There are three categories of coin auctions -

1. Coin Auctions using mail bidding
This category involves placing bids through the postal service, after the seller advertises his ware to prospective buyers through the same system. This system obviously works well for those collectors who have busy schedules and are unable to visit auction houses. In most cases sellers keep a mailing list and they use this to advertise their goods by sending catalogs that contain ordered pictures and descriptions. This mail would probably also specify the minimum bid starting amount. The mailing list is generally made up of other collectors and people who have purchased from the seller in the past.

2. Auctions over Telephone
As one could well imagine these auctions take place over the telephone. As with any other form of auctions that daily former options need to adhere to certain specified rules and conditions, and like any other auction - the highest bidder wins the product. In some cases a prospective buyer could request the seller for an approximate selling amount to buy the item online, but that is rare. However the seller is not allowed to disclose the last highest paid to any of the buyers.

3. Coin Auctions over the Internet
This is one of the most popular forms of coin auction simply because the buyer can see a clear close up photograph of the coin while placing the bid. Communication is simple and clear and both the buyer and the seller can exchange useful information that could lead to a sale or a non-sale. In any case there is a greater degree of control in this form of coin auction than in any other form. The one negative point is that a scammer could show the image of a different product to what he or she actually intends to send.

Use of any and all of the above mentioned forms of coin auction to improve the quality of your collection.

The Basics Of Coin Collecting

Coin collection is told to be the "King's Hobby “. Coin collection is dissimilar from money accumulating. Accumulating coins as an artwork form may be taken back to the fourteenth century. Nowadays, people all around the Earth are accumulating coins. Some accumulate it for their rate, some like the fun that they obtain from keeping their hands on various coins.

If one's concerned in making coin collection a hobby, he could do it. It's a hobby that doesn'trequire a destined skill and it could be performed by almost all.

There are many various types of numismatologists. There are people doing it just for fun, and people who do in a very serious manner.

Casual coin collecting

Almost all numismatologists, particularly the kids, begin as informal numismatologists. They are relaxed collectors who don't have a particular destination in accumulating coins. They may accumulate coins from various countries or from various periods with no aim of being so serious about them.

Speculative numismatology

Once the casual coin collector begins noticing the particulars of the various coins, he turns into a curious numismatologist. This sort of numismatologist won't fuss much about paying money to get some coins. He just wants to treasure the coins as such. Soon, he may start to keep them inside containers or in albums.

Advanced coin collection
An advanced numismatologist will accumulate coins with a particular aim in mind. He might want to accumulate coins of a particular nation, or a particular period of time. There are more tracks that numismatologists follow while engaging in their spare-time activity. Present are a few of the techniques one may use in accumulating coins:

Coin collecting according to different nations

Many numismatologists would prefer to accumulate coins from a particular nation during a definite time period. This sort of numismatology lets the accumulator travel the Earth by the coins. Many of them might want to accumulate coins from nations that they had traveled to.

Historical numismatology
A different way of accumulating coins is by adopting history in mind. Many numismatologists engage in accumulating coins during a definite period in history as wars or independence declarations.

Faulty coins
There are many people who find accumulating coins with errors thrilling as these forms of coins are uncommon these days.
There are a lot of ways to accumulate coins and every way is as enjoyable as the. One should feel the hobby before he chooses whether to follow them or not. Coin collection can demand certain amounts and the accumulator must be diplomatic in taking a hobby of this kind.