The hobby of coin collecting can be both educational and fun. It is also a way to build a valuable collection. A collector’s coins are valued based on their condition, or grade. A grading system recognizes five levels of condition: Poor, Good, Very Fine, Fine and Uncirculated. This workbook includes a glossary of coin terms and explains the grading process. It also discusses the various ways that coins can be stored. It is important to store coins properly because improper storage can cause dents, scratches and oxidation. The workbook encourages the scout to take an active role in his or her collecting.
The scout should display his or her collected coins. The scout should also organize the collection. To do this, the scout may want to start a circulating date set (a set of coins collected from circulating change). A scout can also collect by type set; this is more difficult for a young collector but allows the scout to see how coins are made and their design features.
A scout should also learn about the history of coins and paper money. To do this, the scout can read one or more books about coins or paper money. The scout should also talk with his or her counselor about this.