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Coin Collecting Introduction - What's the Best Way to Get Started?

Buy the book before you buy the coin is frequently offered and sage advice.

If you make the effort to study the hobby and the market you will be rewarded. Someone who does not make that effort is more likely to waste money on overgraded, problem or counterfeit coins. Before spending a lot of money on coins, you should invest in your knowledge of the hobby. For your own protection you should have at least one reference book covering your area(s) of interest. Reading a few issues of periodicals is another good idea.

A great place to start collecting coins is from circulation. The risk is negligible (you can always spend the coins), examining your coins carefully and see what your reference book says about them, will teach you a lot.

Join a club!

Local coin clubs are usually great for learning more about the hobby, getting material for your collection, and you just might make some good friends, too.

Often new collectors aren't sure where to begin, and they may have many questions. Do I start with one type of coin, or should I collect a variety? Should I stick to easy-to-find coins, or should I try to collect rarer ones? How much money do I want to spend? Coin collecting doesn't have to be an expensive hobby. In fact, it is probably one of the easiest objects to collect. You also don't have to be very knowledgeable to start a coin collection.

If you are considering beginning a coin collection, you have probably asked yourself one or more of these questions. The answers really depend on your own personal preferences, and you may not discover what those preferences are until you begin. The most important step you can take when beginning, however, is to invest in a good coin collecting book. Once you've bought the book, take some time to read at least excerpts from it concerning different coins. You may discover that certain coins interest you more than others.

Sort your coin collection!

The next step you might take is to buy a few coin folders. You can buy coin folders that have dates under each slot, or you can buy folders that are blank. The coin folders that have dates will help you determine what coins you need to complete your collection. Often these folders will cover a specific number of years and will be designed for specific coins.

Keep in mind, however, it is not easy to completely fill up a folder. If the folder covers older coins, many of those coins are considered quite valuable. You will have to be willing to invest a significant amount of money to complete a folder for older coins. If you are not trying to complete a set, but you do want to keep up with the dates that you find, you might enjoy using a blank coin folder. This way you don't have to leave any of the slots empty.

Internet provides many opportunities!

The Internet provides many opportunities for coin collectors to enlarge their collections, once they have decided what type of coin or coins they want to collect. Of course, you may be able to get some of your coins simply by checking your spare change. If you are going to build your collection, however, you will need to expand your search. There are online auction sites that give collectors just like you an opportunity to buy and sell. Most neophyte coin collectors begin collecting coins that are already in circulation, and usually these coins that are in circulation are more likely to get damaged, and only would be worth whenever you hold onto them for a long period of time. Once you go up the coin-collecting ladder, you move on by collecting coins from other sources, such as antique coin shops, coin shows, internet auctions, flea markets, and from other collectors as well. The art of coin collecting can also be seen as an investment, as the prices of the coins you store and preserve may rise should they become rare, or drop when these coins are in surplus supply.

You will need to consult your coin collecting book to understand the different values and grades of coins. Once you have become more familiar with the specific terms, you will probably want to start off buying inexpensive coins. As you become more experienced in judging the value of coins yourself, you can start to purchase more expensive coins.

Save money, buy sets!

As you continue to buy coins, you may find that you get more for your money if you buy sets of coins. This doesn't mean the sets will be complete. You would likely spend an exorbitant amount of money for a complete set. Instead, the sets you buy will probably be close to complete, but they won't have the most expensive and rarer coins. As you buy sets, you can keep the coins you need, and then you can put duplicates back up for auction. This is an excellent way to build your collections.

Coin collectors have different themes and goals in mind, with some trying to obtain generally rare coins, whilst others seek samples of coins that were issued from every country or 'world coins.' Some collectors also opt to collect coins that were only issued from one country, most likely their own. There are other coin collectors who also store coins that were issued during historically-important periods, such as the Roman, Greek, and Byzantine or the Middle Ages as well as of the Indian, Celtic and Persian empires, and the 18th or 19th centuries. The purpose of collecting coins from different periods may vary, depending on whether the collector wants these coins to serve as a mirror or reflection of the events that happened during the era in which they were produced, or for some other purpose as well.

How much you money and time you spend on your coin collections is completely up to you. The beauty of collecting coins, however, is that you are also investing your money. Coin collecting is a great hobby for any age, and the art of coin collecting will never die.

Herman Klein is a coin collecting expert. For more great information on collecting coins be sure to visit http://www.coincollectingstartshere.com.

About the Author

 

Copper Penny Coins: 2LBS $23.45 Copper Penny Coins: 2 LBSAre you a penny collector? You will have a lot more with these copper penny coins! If you get hungry, have a bite! Just don't get it mixed up with real pennies...Approximately 65 pieces per pound. 1 1/2 Inch diameter. All of Madelaine???s products are Certified Kosher by the Orthodox Union (OU)FLAVOR: Milk Chocolate

Copper Penny Coins: 10 LBS $154.86 Copper Penny Coins: 10 LBSAre you a penny collector? You will have a lot more with these copper penny coins! If you get hungry, have a bite! Just don't get it mixed up with real pennies...Approximately 65 pieces per pound. 1 1/2 Inch diameter. All of Madelaine???s products are Certified Kosher by the Orthodox Union (OU)FLAVOR: Milk Chocolate

It's A Lot $6 It's A Lot - The 88

Coins $22.98 Coins is a magazine for coin collectors. Each issue has a full-color exploration of coin history, pricing guides for coin and paper money, and industry news. Special features of this magazine subscription include helpful guides for the beginner and serious collectors, coin bargains, inspiring letters from collectors, market analysis, and tips from the pros.

State of Israel Coins Jonah In The Whale Set 2 Silver Coins $610.53 Jonah the Prophet was commanded by the Lord to go from the Land of Israel to the city of Nineveh (thought to be Mosul in Iraq today) to warn its people to repent for their evil ways lest their city be destroyed. Jonah however chose to flee from his mission by boarding a ship bound for Tarshish (thought to be Spain today). When a violent storm arose the ship s crew believed that one of the passengers was responsible and cast lots to determine who it could be. The lot fell on Jonah who admitted his guilt and was cast into the sea which then calmed down. Meanwhile a big fish thought to be a whale swallowed up Jonah into its belly where he remained for three days and three nights. From the belly of the fish Jonah prayed to the Lord and was saved when the fish spat him out on the shore. He then understood he was destined to go to Nineveh as he had been commanded. The King and the people of Nineveh repented and were subsequently saved. The coin design of Jonah in the whale is inspired by the Chinese Yin Yang philosophy. Obverse:. The face value in Hebrew and English the Israel State Emblem Israel in Hebrew English and Arabic the mint year inscription Jonah in the belly of the fish Jonah 2:1 in the 3 languages Jonah in prayer. Reverse:. The coin depicts Jonah praying from the belly of the whale thy billows and thy waves passed over me.....yet I will look again towards thy Holy Temple.... . Edge:. B.U. coin: Smooth. Silver and gold proof coins: Milled. Mint Marks:. B.U. coin Star of David. Silver and gold proof coins Hebrew letter mem below the face value. Designer:. Obverse: Gideon Keich. Reverse: Aharon Shevo. Details: 71889222 Set of the 2 silver coins

Coins And Crosses $9.99 Coins And Crosses

Standard Catalog of World Gold Coins: With Platinum and Palldium Issues, 1601-Present $99.79 This new edition of the ultimate gold coins book gives you facts, photos and prices you can use to make solid investments and accurate assessment of coins. In today's volatile gold coins market there's a lot of opportunities to take advantage of, and equally as many chances where you can be taken advantage of. Make your mark in the market with this gold guide. With four centuries of gold, platinum and palladium coins this book is: An essential reference for the collector of world gold coins A premium source for the gold coin investor With values for more than four hundred years of gold coins All the types, all their dates of issue, full weights and measures, with valuations true to today's record high gold market ? this is a catalog you cannot afford to be without.

The Coins $18.8 Toby Franks as a young boy confronts his fear of the unknown and while doing this discovers a magical treasure that only he can unlock its secrets. He now possesses the power to choose his own destiny, but does it come with a price? Author: The Jajliardo Family/ The Jajliardo Family, Jajliardo Family Binding Type: Paperback Number of Pages: 72 Publication Date: 2004/08/01 Language: English Dimensions: 7.92 x 5.00 x 0.21 inches

Medals and Coins $49.99 Medals and Coins - Giclee Print

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Chinese coins $19.99 Astock Chinese coins - Photographic Print

State of Israel Coins Jonah In The Whale Gold Coin $4591.93 Jonah the Prophet was commanded by the Lord to go from the Land of Israel to the city of Nineveh (thought to be Mosul in Iraq today) to warn its people to repent for their evil ways lest their city be destroyed. Jonah however chose to flee from his mission by boarding a ship bound for Tarshish (thought to be Spain today). When a violent storm arose the ship s crew believed that one of the passengers was responsible and cast lots to determine who it could be. The lot fell on Jonah who admitted his guilt and was cast into the sea which then calmed down. Meanwhile a big fish thought to be a whale swallowed up Jonah into its belly where he remained for three days and three nights. From the belly of the fish Jonah prayed to the Lord and was saved when the fish spat him out on the shore. He then understood he was destined to go to Nineveh as he had been commanded. The King and the people of Nineveh repented and were subsequently saved. The coin design of Jonah in the whale is inspired by the Chinese Yin Yang philosophy. Obverse:. The face value in Hebrew and English the Israel State Emblem Israel in Hebrew English and Arabic the mint year inscription Jonah in the belly of the fish Jonah 2:1 in the 3 languages Jonah in prayer. Reverse:. The coin depicts Jonah praying from the belly of the whale thy billows and thy waves passed over me.....yet I will look again towards thy Holy Temple.... . Edge:. B.U. coin: Smooth. Silver and gold proof coins: Milled. Mint Marks:. B.U. coin Star of David. Silver and gold proof coins Hebrew letter mem below the face value. Designer:. Obverse: Gideon Keich. Reverse: Aharon Shevo. Details: 31889300 Gold/917 22k Proof NIS 10 30.0 Diameter mm. 16.96 Weight gm.

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State of Israel Coins Purim Bronze Medal $181.09 The name Purim is derived from the Persian word pur meaning lot . Haman cast lots in order to determine the day for the mass destruction of all the Jews. However with the help of Mordechai and his niece Esther the events took a miraculous turn and the Jews were saved. The wicked decree was canceled and Haman and his ten sons were hanged on a tree. On Purim celebrated on the 14th of Adar the Scroll of Esther a book of the Bible is read twice: once on the eve of the holiday and once the morning of Purim. In Jerusalem and walled cities Purim is celebrated a day later. Purim is a day of joy with feasting drinking and costumes. People send gifts of food to one another and especially to the poor. Obverse:. The Scroll of Esther. On the opened part appears the nscription PURIM in Hebrew and English. Upon the rolled part of the scroll the words Scroll of Esther in Hebrew. Reverse:. To the right a bottle of wine and a goblet. Below Mishloah Manot (gifts of food) and Purim coins (signifying the Purim Half Sheqel customarily given to the synagogue during the holiday). In the upper portion a Hebrew inscription from the book of Esther ...feasting and joy and of sending choice portions to one another and gifts to the poor). Edge:. State emblem with the words STATE OF ISRAEL in Hebrew on the right and in English on the left and serial number. Bronze/tombac medal BRONZE in Hebrew and English; Silver medal Silver 935 in Hebrew and English; gold medal milled. Serialization:. Bronze/tombac and silver medals are numbered. Designer:. Avraham Part. Bronze/tombac Kremnica Mint . Slovakia. Silver The Government Mint. Gold Kretschmer. Details: 15240592 1995 Bronze/tombac 59.0 Diameter mm. 85.0 Weight gm.

Necklace with Gold Coins $8.97 Features a gold coins necklace.

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Three Coins In The Fountain $6.99 Three Coins In The Fountain

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A Guide Book of United States Type Coins $18.53 This book begins with an overview and history of United States paper money by Q. David Bowers, who continues with information about grading, the market, and other aspects of collecting, all in fascinating detail, written to be a "good read" in addition to imparting a lot of useful information. All varieties of federal notes from 1861 to date are illustrated and described in this 440-page book, which includes an eight-page portfolio of full-color photos. Current market prices, in multiple grades, were compiled from leading currency specialists.

Worldwide Coins $21.95 WorldWide Coins will provide timely updates about newly released coins, historical overviews of past coinages, where to find desirable coins and strategies for different approaches to collecting - whether by specific country, various topics depicted on coins, or by metallic content. <br />

Licorice Coins $29.95 Licorice Coins and in a very nice plastic container. Cash in your these tasty licorice coins into your taste buds. If you love licorice than this is the treat for you!

State of Israel Coins Jonah In The Whale 3 Coin Set $5166.24 Jonah the Prophet was commanded by the Lord to go from the Land of Israel to the city of Nineveh (thought to be Mosul in Iraq today) to warn its people to repent for their evil ways lest their city be destroyed. Jonah however chose to flee from his mission by boarding a ship bound for Tarshish (thought to be Spain today). When a violent storm arose the ship s crew believed that one of the passengers was responsible and cast lots to determine who it could be. The lot fell on Jonah who admitted his guilt and was cast into the sea which then calmed down. Meanwhile a big fish thought to be a whale swallowed up Jonah into its belly where he remained for three days and three nights. From the belly of the fish Jonah prayed to the Lord and was saved when the fish spat him out on the shore. He then understood he was destined to go to Nineveh as he had been commanded. The King and the people of Nineveh repented and were subsequently saved. The coin design of Jonah in the whale is inspired by the Chinese Yin Yang philosophy. Obverse:. The face value in Hebrew and English the Israel State Emblem Israel in Hebrew English and Arabic the mint year inscription Jonah in the belly of the fish Jonah 2:1 in the 3 languages Jonah in prayer. Reverse:. The coin depicts Jonah praying from the belly of the whale thy billows and thy waves passed over me.....yet I will look again towards thy Holy Temple.... . Edge:. B.U. coin: Smooth. Silver and gold proof coins: Milled. Mint Marks:. B.U. coin Star of David. Silver and gold proof coins Hebrew letter mem below the face value. Designer:. Obverse: Gideon Keich. Reverse: Aharon Shevo. Details: 71889331 Set of the 3 coins above

Lot $21.4 No Synopsis Available

Eight Carolingian Coins $49.99 Eight Carolingian Coins - Giclee Print

Tarot: The Queen of Coins $49.99 Tarot: The Queen of Coins - Giclee Print

Tarot: The Page of Coins $49.99 Tarot: The Page of Coins - Giclee Print

Tarot: The Knight of Coins $49.99 Tarot: The Knight of Coins - Giclee Print