Coin collecting is a fascinating hobby that can be as accessible or as complicated as you want it to be. Whether you are interested in accumulating a full set of United States quarters or just pennies from each year, collecting coins is a rewarding and educational hobby that can last a lifetime.
However, before you jump in feet first and start buying thousands of dollars worth of coins, it’s important that you take the time to educate yourself on the market and what you are purchasing. This is a great way to avoid expensive mistakes and even more so, scams, as it’s well known that the internet can be a huge source of misinformation.
The best place to start is to find a few books on the subject and purchase a copy of the Guide Book of United States Coins, or “The Red Book.” This will help you learn about each coin type and denomination while also giving you a good idea of the value of each coin. This will give you the tools to confidently begin purchasing coins.
Once you are ready to start your collection, invest in a few coin folders and specialist coin albums. It is important to keep your coins in the best possible condition to ensure that they appreciate over time and are not damaged or worn. Using soft cotton gloves and coin holders will help to protect your coins while also keeping them looking beautiful.