Starter's Guide to Coin Collecting


Perhaps you just inherited bags full of coins or maybe you are at that stage in life where you are looking for a new hobby to take up. Coin collecting is a great hobby that can be exciting for people of all ages and from all socioeconomic backgrounds. Numismatists, or those that collect coins, continue to grow in numbers as it is not only a fun hobby but can also reap tangible financial rewards as shown in the coin dollar value chart. In January 2013, the 1794 Flowing Hair Dollar sold for over ten million dollars. To start collecting, first decide on the type of coins you want to collect, learn what makes them valuable, know where to find them and understand the different materials they are made from.