Starting Your Collection

Collecting coins as a hobby is fun and easy. You just
look through your change everyday and pick out the
ones that interest you. Or the ones that are different
or unique.

Everyone knows wheat pennies are old and so are
buffalo head nickels. And if you look closely, you can
still find them being spent everyday.

But, if you’re interested in coin collecting for
profit or as an investment, there’s more to it than
just looking through your pocket change.

Coin collecting is a very serious business for a lot
of people. People all over the world make their living
with it. Coin collecting has been a business for
generations. And there’s the very real chance of
losing a good chunk of money if you just jump in with
both feet without knowing what you’re doing.

When you’re first starting out, take it slow. Do your
homework. There’re many different areas of coin
collecting to get into.

Look around and find a specific niche that interests
you. If you just jump in and start buying everything
that catches your interest, your collection will have
no order or consistency.

Then later on when you do began to concentrate on one
particular area, you’ll just have to sell the other
coins to make room for what you’re really interested
in. And this could result in financial losses.

You could start by visiting a local coin shop or
attending a coin show. That’ll give you an idea of
what’s out there.