Monday, 11 January 2010

Coin Collecting - A General Idea For Beginners

Coin collecting is one activity that has actually kindled the interest of many people of all age groups. Coin collecting is not seen just as an activity that is done for fun, but is also take seriously as a hobby by many people. Make sure that you go through this general overview about coin collecting, and the various nuances in doing it.

Ever since the coins came into existence, a few people who were genuinely interested in knowing about the currencies of other regions started trading coins, and they started collecting coins from various places. Most of the people who first started collecting coins were members of the royal family that was ruling the region. The modern coin collecting has evolved a lot ever since it got kick started in the early 1900s in the US. Not that the habit did not exist till then, but then, it was dormant, and ever since the modern version of coin collection started, the fame drastically shot up.

Coin collecting is for the elite. It is seen as a very useful hobby by most of the people who are into it, and they enjoy collecting coins from the various regions. This is a hobby that most of the parents and even the professionals encourage. Coin collecting can be seen as a form of educating the young blood about the coins from other places.

The increase in popularity for coin collecting is another reason that has led many people to resort to coin collecting. There are many people who have invested a lot in this hobby, and there are dealers too. Even though there are people who want to collect the coins for pride, there are many others that collect the coins for the sake of business. There are others who have inherited the coins, and the hobby from their predecessors.

There are many supplies that are required to go ahead with this coin collecting process. For people who have taken this as a hobby, there is almost no need for any sort of supply, but for people who are looking to do this in a more professional way, will require a lot of supplies. The supplies are not in the form of money, they are in the form of accessories like magnifying glasses, folders, boxes, and albums. Most of the accessories that are used by the professional coin collectors are very much affordable, and are aplenty in the market.

The other reason for the coin collectors to be looking for coins that are known to be rare is popularity. The coin collectors have many options that can help them extend their collection. Most of the people who take this as a hobby are looking to find coins that are of the limited edition kind, and they are the ones who manage to find the best of coins. There are many people who look for the rare antique type of coins, and the best place for them to find what they want is the internet, or other professional dealers.

The coin collectors who are looking to make a lot of profit from this coin collection are known as investors? These are the people who look to find coins that are limited editions, outdated, or, rare. There are kids who do this as a hobby, and the interest that they develop early in their life gets magnified when they grow up, and they sure rock the field with their collections.

Abhishek is an avid Coin Collecting enthusiast and he has got some great Coin Collecting Secrets up his sleeve! Download his FREE 58 Pages Ebook, "Understanding And Mastering The Art Of Coin Collecting!" from his website http://www.Fun-Galore.com/92/index.htm. Only limited Free Copies available.

Article Source: http://EzineArticles.com/?expert=Abhishek_Agarwal

Coin Collecting - Tips For Beginners

Are you interested in pursuing the hobby of coin collecting? If so, then you are not the only one. There are many reasons as to why coin collecting is such a popular hobby and one is because it is not a very easy task. So, if you wish to make your own collection of coins as a hobby or if you wish to do so in order to reap profits at a later date, there are many factors that you must keep in mind.

Research is the foremost factor that you should take into consideration while coin collecting. There is no end to the amount of research you can do and you can never do enough research. The most successful collectors of coins in the world are the people who took the time out to research and explore the entire arena of coin collection. The different subjects related to coin collecting that you should research on include types of coins, history of coins, recommended supplies for coin collection, coin values and more.

If you are a beginner, the best thing for you to do is collect as many coins as you possibly can. Try saving all the coins that you come across so that you can examine them in detail later on. This approach works for most beginners as many of them are not aware of the value of their coins, especially if the coin has not been examined thoroughly. While following this method, it will not take a long time to develop a rather large collection of such coins. At this point, all coin collectors should conduct an examination of their coins and separate out the valuable ones from the others. From this point, with some experience, coin collectors should slowly change their collecting habits.

Once a sufficiently large collection has been gathered, with the first set of coins closely examined and sorted, the important thing to consider is storage. Unfortunately, there are many beginners who commit big mistakes while storing their coins. Many collectors simply put their coins into a box or jar. Although such a casing is enough for storage of coins, it can also result in irreparable damage. If you own coins that are rare or high in value, chances are their value will increase with time, and so it is important to take proper care of them. Normally, it is not recommended to store coins in coin holders for a long time. They are alright for display but should not be used for storing. For storage, it is best to use a coin album or a coin folder.

Another important factor for developing a coin collection is knowing what you are buying. Whether you are collecting as a hobbyists for as an investment, it is always good to have enough information regarding your purchase. All coin collectors wish to gather valuable or rare coins and the only way to get your hands on such coins is through purchase. Almost all professional coin dealers will have a good understanding and view of the worth of their coins. Therefore, there is not much danger of scamming, although it is always better to examine the value and condition of a coin before making any decision. If a coin costs more than twenty dollars, research it.

Apart from coin dealers, the internet is a viable source from which to purchase coins, especially through auction websites. If you are a beginner, you could not ask for a better facility. You will be surprised by what you find. There are a number of renowned coin collectors who sold their entire collection online. As stated before, caution is of utmost necessity while purchasing. There are many people who, unlike dealers, do not know the full value of the coin they are selling. This could result in the over estimation of the worth of a coin. If you have not done enough research and do not have sufficient information, you could end up paying more than you should.

Abhishek is an avid Coin Collecting enthusiast and he has got some great Coin Collecting Secrets up his sleeve! Download his FREE 58 Pages Ebook, "Understanding And Mastering The Art Of Coin Collecting!" from his website http://www.Fun-Galore.com/92/index.htm. Only limited Free Copies available.

Article Source: http://EzineArticles.com/?expert=Abhishek_Agarwal

Coin Collecting Themes - How To Identify Your Own Theme

Collecting coins is a hobby that is enjoyed by people of all ages around the world. Though many of these collectors of coins have themes which they choose to stick to, there is no necessity to follow any particular themes for coin collecting. You could just start off by collecting random coins if you are new to the hobby, however you will find it much more intriguing if you do select a series to work with.

Though professional collectors collect all kinds of coin they can get their hands on, many do choose a theme for the coins they collect. So many of these collectors say it's fun to hunt rare and valuable coins they always prefer to go with it. We've listed a few examples for you.

Collecting coins on a country based theme is popular. In this theme there are two choices. That is to collect different coins which were currencies of one particular country over a long period of time or may be decades together. Some coin collectors collect coins from different countries in the world. You could narrow it down further by collecting coins from a particular country during a particular decade.

There are others who build their theme of coin collection based on the inscription on the coin.There are many variations in inscription based on different countries around the world and coins collected based on this theme helps us to learn the history. This is also a great way to get your child interested in history education, if the conventional approaches seem a bit too clichéd.

Themes based on different years are another common theme for coin collection. Usually beginners concentrate on this theme as well as the country theme as themes based on year and country are the easiest themes for coin collection. It is significant to know that coins from 1800s and medieval period come under this category.

Some collectors concentrate on themes based on their interests. This is known as theme based on collectors edition coins. If a numismatist has interesting hobbies, he collects coins that have themes in scripted on them based on his hobbies. This approach is interesting, but there are only limited collections available on this theme. It is usually the more experienced collectors who resort to this sort of series to concentrate on.

Numismatists also choose themes based on valuable, rare and limited edition coins. Beginners often choose themes based on countries or years. Some start their collections with coins from what their interest is based on.

As a numismatist, one can collect any amount of coins they want. But if a theme is developed, it increases one's interest in collecting coins and a complete goal and a theme is accomplished.

The themes mentioned above are a few examples for you to choose to start your own coin collection theme.

Abhishek is an avid Coin Collecting enthusiast and he has got some great Coin Collecting Secrets up his sleeve! Download his FREE 58 Page Ebook, "Understanding And Mastering The Art Of Coin Collecting!" from his website http://www.Fun-Galore.com/92/index.htm. Only limited Free Copies available.

Article Source: http://EzineArticles.com/?expert=Abhishek_Agarwal

Facts on Coin Collecting and Collection Themes That You Can Choose

According to history, Egyptian King Farouk and Roman emperors were among the first coin collectors. They collected a large number of coins in their palaces and castles. Over the years, the concept of coin collecting has changed and common people have become coin collectors. In fact, the competition between these collectors is quite fierce and this makes the price of rare coins always increase. A single coin can hundreds of thousand and even millions of dollar, which shows that coin collectors will do anything necessary to get the coin that they want.

Coin collecting themes

Some coin collectors are generalists, which mean that they collect bits of everything, but others are very specific and this creates coin collecting themes. The country theme is one of the common ones. The purpose of this theme usually is to collect coins from as many countries as possible. Traveling has become easier nowadays and thus it is easier to collect coins from different countries. Internet and online friend network can also be used to get foreign coins.

A year theme is fairly common as well where coin collectors used the year when the coin was minted as the basis of their collection theme. A variation of this theme is to collect a coin denomination from the first to the last model. When collectors complete all models from a coin denomination, they will continue with other denominations. This theme is closely related with period theme where the basis of the collection is the period when the coin was minted. Common period collections are collecting coins from Victorian era and Greek period.

Prior to the 19th century, coins were hand minted and it was pretty common for coins to have errors. Today, these errors have become one of coin collecting themes as well. Another coin collection theme is mintmark differences between coins. Mintmarks that are rare and difficult to produce will have higher value than the common ones.

Subject, for example like a figure of animals on the coin, can become a coin collecting theme as well. Composition or the type of metals that a coin was made from is another common theme. You will find that it is common for a coin to have two or even three metals combined.

Whatever the theme is, many coin collectors like to compete between each other because they want to outdo their compatriots. They brag when they have completed a rare set of coins that is available nowhere. This situation has made coin collecting a fascinating and an expensive hobby.

Cindy Heller is a professional writer. To learn more about antique silver coin locket, please visit famous coin collections.

Article Source: http://EzineArticles.com/?expert=Cindy_Heller

Start Your Child on A Coin Collecting Hobby

Wondering what to give your child on his next birthday? Give him a gatefold spread that can accommodate up to 50 coins. He may not appreciate the coins, but telling him stories about the coin and how it was made can spark his interest. For each birthday give him the coins minted that year. His collection will grow and so will his interest and by that time, he will be an accomplished numismatist.

History Lessons and Saving Money

The ideal age to start a child on a coin collecting hobby is at six years old. Imagine the number of coins he can amass when he reaches adulthood! But there's more than just introducing him to coin collecting. You can use this exercise to teach him how to save his pennies in a coin bank plus pique his interest in the country's history when you start with local coins.

Since you may not have those very old and valuable coins dating back to the 1800s, get a book on coin collecting and show him the pictures of the coins. Add a story or two depicting the era that'll make any child sit up and listen. Stories add value to the coin collecting hobby and expect your child to be an expert in historical epochs.

If someone gives your child a bag of coins, take out each coin and sort them. Teach your child how to do the sorting. As you go along, tell him a little history on each coin. Probably the bag of coins will yield recent mints so it won't be hard for you to tell the coin's story.

If you have saved all the coins circulating in the year of your child's birth, that would be the best introduction to a lifelong of coin collecting for your child. Help him along with the collection. Learn the tricks yourself so you can teach your child how to collect, clean, and store the coins.

Starting the Hobby

For starters, get magazines on coin collecting, a pair of white gloves, magnifying glasses, and coin albums or folders. Start scouting for coins and learn all about the discontinued coins like the 1965 quarters, dimes, and half-dollars. Subscribe to coin collecting magazines and check out the websites on coin collecting. You'll be amazed at the wealth of information you can collect and pass on to your child.

Using a magnifying glass to see the fine lines and the details of a coin is an exciting experience for a child. Make sure you are ready to give the information your child may need. Or if you don't know the answer, you can make it your project to find out online.

Because this is just a starting point for you and your child, don't buy expensive coins and if you find some dirty old coins, don't attempt to clean it. Find out its composition and the appropriate way to clean it. You can get help from several websites specializing in coin collection.

Tips for Coin Hunting

This is not referring to a treasure hunt. You can do your hunting online. However, coin collecting is an expensive hobby if you want the rarer and more prized coins. In the meantime, make do with what is available and always get your hands on new mints. Tell your friends you're helping your child start a coin collecting hobby but be prepared for the avalanche of coins that will start pouring in.

In the future, when he coin collecting bug bites you real hard, you'll be running after a metal detector to clean out your yard and your grandfather's house. The hobby meant for your child will be yours too.

It's never too early or too late to start a new hobby. Consider crafting unique gift baskets or groomsmen gifts, or restoring and designing Zippo lighters. Visit http://www.ExecutiveGiftShoppe.com today.

Article Source: http://EzineArticles.com/?expert=Bradlley_Mckoy

Coin Collecting - Still Very Popular Hobby

Coin collecting has been one hobby that has stood the test of time. People from all walks of life and ages enjoy collecting their favorite coins. From displaying to talking about their coin collection numismatics love their hobby. Numismatics is the name given to people who talk about and collect currency. Coin collecting dates back to the Roman Empire as gold coins had special meaning and that continues today. Coin Collecting means many things to many different people. Coins can trace a country's history or even learn about people that you have never met. This is just one of the things that coins do for people. Others collect coins as investments for their future or their children's future. Coin investments in recent years have seen a big growth with the price of silver and gold increasing.

Coin collecting can be broken down into several different arenas. Most people collect coins two ways. One is a series. This means they try to get every coin that was minted in a series. One of the most collected series is the Morgan Dollar. These coins were issued in the 1800's and are still highly prized today and sought after the world over. The other big collecting arena is collecting a president or a certain denomination. Collecting coins have lasted through the years for many reasons, but the thrill of the hunt is always mentioned. Coin holders are still given as gifts for kids which let them put coins in a holder and see what they need yet to finish their collection. Just like a long time ago when they viewed coin collecting as a part of our American history

The Internet has been a real boon for coin collecting. Where it used to be hard to find information about coins and coin collecting the Internet has changed all that. From price guides to forums the Internet has made collecting coins a lot easier. If you have a coin collecting question the odds of you getting an answer has increased a lot and you don't get so discouraged about it. Many times when people can't find an answer, they give up. Since we have the Internet these questions now can be answered and keep more people in the hobby. This helps coin collecting grow even more. With limited edition coins and collectors series being introduced now more often it's a great time to be a coin collector. The future looks bright and coin collecting looks to grow at an even faster rate thanks to the Internet and collectors.

Jeffrey Meier at Jam727 Enterprises at http://www.thearticlehome.com blog offers even more detailed information on a wide variety of topics.

Article Source: http://EzineArticles.com/?expert=Jeffrey_Meier

Coin Collecting - Get to Know the Coin Collectors!

Coin collecting is one of the activities currently being favored by a lot of people worldwide. Wondering how coin collecting obtained this immense popularity? Well, it may be due to the fact that this hobby can be relatively easy especially when you know the basics and you are in the company of people who can guide you in your endeavor!

At present, there are many different kinds of coin collectors. Some do it for fun while others treat it with much more respect. Among the many kinds of coin collectors out there are the informal coin collectors, the inquisitive coin collectors and the advanced coin collectors.

The Informal or Casual Coin Collector

These are the people who do not have any specific goals in mind in going about their coin collecting expeditions. They may keep coins for a lot of varied reasons, but they are not very serious in building their collection around a more specific theme. They just add any coin that strikes their fancy straight into their collection!

Another distinguishing feature of informal coin collectors is that they do not shell out a hefty sum of money to acquire or preserve coins for their collections. However, informal coin collectors are not at all a hopeless bunch. In fact, most coin collectors started out as informal coin collectors - so do not worry if you belong to this group!

The Inquisitive or Curious Coin Collector

As soon as the informal coin collector starts to notice and appreciate the beauty and the details of the coins in his or her collection, he or she may transform into an inquisitive coin collector. He or she may start surfing the net and browsing the displays in coin shops to learn more about coin collecting.

However, the inquisitive coin collector still would not spend large sums of money in coin collecting. What he or she may want, for the mean time, is to simply appreciate and enjoy the beauty of the coins. However, the inquisitive coin collector is simply a step away from being a full-fledged coin collector!

The Advanced Coin Collector

The advanced coin collector is one who have gotten past through the informal and inquisitive coin collecting stages. He or she knows the value of the coins and will start his or her collection with a specific target in mind. Whether the advanced coin collector will build his or her collection around coins of a certain nation or a certain time period, he or she will definitely do it right!

The advanced coin collector may build his or her collection in a number of different themes. Some may be interested in building a coin collection from a certain nation during a certain period of time. Others may want to collect coins from countries they have been to. Still others would prefer to build a coin collection that represents a certain historical or commemorative events. For some, being perfect may be the standard but some collectors relish the thrill of finding and collecting “error coins”.

Undoubtedly, coin collecting can be a lot of fun. Just the thrill of finding that elusive coin that will make your collection more unique can be enough to make you crave for more!

Michael Russell
Your Independent guide to Coin Collecting

Article Source: http://EzineArticles.com/?expert=Michael_Russell