Coin collecting is a fun hobby that can teach kids about the value of money. It can also teach children how to organize their collections. The key to successful organizing is having a place to catalog your collection and a way to keep track of the value of each coin. These free printable coin inventory sheets are a great tool to use when organizing your collection.
Collect a set of currently circulating U.S. coins, including one of each denomination (cent, nickel, dime, quarter, half dollar and dollar). Include a few different dates for each coin type to see how the design changes over time. Explain the significance of each change and how the coin’s grading helps determine its value.
For older collectors, try to complete a type or date set of each coin that has been minted. For a more involved challenge, collect five different coins of the same type and grade. Explain how a coin’s grading helps determine its market value and that the condition of a coin is important to collectors.
To gain a more global perspective, try to collect currency from a few different countries. This will allow you to learn about the different types of money used in other parts of the world and how they compare to our own currency. You can also learn about the history of each country’s currency and its monetary system. You can find additional information on these subjects by visiting the websites of the Federal Reserve and the World Bank.