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A coin collection is a rewarding hobby that can teach you a lot about history and other cultures while making a valuable investment. If you’re interested in acquiring a collection of rare coins, you’ll need to know where to start. Thinking through some of the following suggestions will help you begin your collection process.

How to Start Collecting Coins

1. Choose a Theme

Because there are so many different coins out there, collectors usually choose a specialty. Choose what interests you — you may want coins from a certain time period, from a particular country, or that have another common theme. Some people choose to collect rare coins, such as those with limited mintage or coins with mistakes.

2. Gather Your Supplies

rare coinFind a storage holder to keep your collection safe and dry. If you are collecting valuable or rare coins, you’ll want a storage container with a lock. Buy cotton gloves and a magnifying glass for handling your coins. Buy a notebook or index cards to keep track of your collection, including the details of each coin, along with when and where you acquired it.

3. Visit a Coin Dealer

Some people manufacture inauthentic rare coins and sell them for a steep profit. Avoid getting pulled into a scam by starting your collection with a reputable dealer. They’ll carry authentic coins at fair prices, so you feel confident about your purchase.

 

You can start your coin collection at Coins & Stuff in High Point, NC. Since opening in 1980, this dealer has built a reputation as the premier coin resource in the Piedmont Triad region. They carry an expansive selection of gold and silver coins, as well as other rare coins. To help you jump start your collection, they offer five-year layaway plans with no interest. Learn more online and call (336) 885-5323 with any questions.

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