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Rare coins offer the opportunity for developing a truly unique hobby. They're a tangible part of American history, serving as relics from past wars, presidents, and icons of our national heritage.  

The expert staff at Coins & Carats in Kalispell, MT, understands what drives people to become coin collectors. Having been in the business since 1991, they know what it takes to start building an impressive inventory of your own. Below, they offer a few tips for those just starting out in the fascinating world of rare coin collecting: 

  • coin collectorDo Your Research: Before acquiring coins and beginning to amass your collection, do as much research as you can on what the rare coins you're after are worth. You can start by sifting through books, studying guides, and doing some online research. 
  • Remember That It’s a Hobby, Not an Investment: People go into coin collecting because they’re passionate about the way rare coins offer a window into American history. If your primary motivation is to grow your wealth, this may not be the pastime for you. While coins generally hold their value well, and sometimes even see a nice bump in the market, you shouldn’t expect to become rich off of them. 
  • Try to Avoid Bargains: Be vigilant about the businesses you work with. With so many different marketplaces available to choose from, it may be hard to know who’s trustworthy. If you come across an offering online that looks too good to be true, it probably is. Most seasoned coin collectors in the business know what they're doing, so opt to work with a shop that has years of experience. 

If you want to get started on your journey toward becoming a coin collector, the staff at Coins & Carats would be happy to help. Visit their website to see their extensive collection of coins and silver and gold bullion. To speak with a member of their helpful team, give them a call at (406) 752-2646. 

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