How to Start Collecting Coin Collecting Nickels

Among other things, you may be interested in coin collecting nickels. These coins have a variety of historical and monetary values. As a hobby, you can collect them for fun with no expectation of profit. You might also want to collect them for patriotic reasons. The United Provinces of Rio de Plata, which was founded in 1813 after a successful revolution, minted a patriotic coin to replace its currency. Since then, countries around the world have issued their own coins to replace their foreign counterparts.

One great way to start your nickel collection is by buying small quantities of these coins at the local store. You can use a magnifying glass to examine the condition and mintmarks on your coins. If you know your way around a coin, you can even recognize rare varieties. A famous example is the Three-Legged Buffalo nickel, which sold for $660 in May 2011 through Jackson’s International. In addition to rare varieties, you can also start small by collecting the Westward Journey commemorative series. The Westward Journey series includes coins with new designs on five cents since Jefferson’s theme first appeared in 1938.

Another way to start a coin collection is by buying a year set. These year sets contain one coin from every year in a series. They are authentic souvenirs of a certain period in U.S. history. You can find these sets at yard sales, auctions, and antique stores. You can then determine their value based on the condition and price. There are many resources for the hobby, including videos and articles. In addition to these, you can also find online guides that can help you determine the worth of your collection.