Top 5 Questions Every Beginner Coin Collector Should Ask

Are you looking for a fun hobby? Coin collecting might be an undiscovered interest that you find enjoyable. Collecting coins is not only fun, but it also gives you a glimpse of history. Coins can date back to several decades or even centuries ago. You get to see different historical figures on the faces and even national icons such as the Maple leaf and the eagle when beginning a new coin collection.

As a beginner, you might not have enough knowledge about coin values or if it is a good idea to clean a dirty coin in a collection. Its okay to make mistakes as a rookie, but it is necessary to ask important questions to help build a quality collection.

Where do I store my coins?

To maintain the value of your coin collection, you need to store them properly. Specialized coin folders, sleeves, holders and other containers will protect your collection from the elements. Placing your coins in such containers will ensure the quality as well as value. The way you hold a coin may also damage its surface; always hold your coins on the edges and not on its face. The oil on your hands may transfer to the surface, damaging it over time.

How do I determine coin value?

Determining coin values varies across the vatain coins stand out because of their rarity, mistakes on them or limited mintage. These are generally more valued compared to other coins on the market. Having a coin appraised by a professional is the best way to determine the real value.

Where do I find the best coins for my collection?           

Shops such as Colonial Acres have an extensive inventory of coins that you can add to your collection; from ancient to commemorative and other types. Choose a store that has a good record with previous customers to ensure the quality of coins you purchase.

Can I clean my coins?

In some cases, it is better not to clean a dirty coin, especially if it is decades old. Some coins lose their value after cleaning, and may even deteriorate their surface even more. Some cleaning solutions contain chemicals that may erode a coin. Experienced collectors will know that you cleaned a coin because of its unnatural sheen and glimmer. The most cleaning you can do on a coin is soaking it in water to remove some of the dirt and dabbing it gently to dry.

What do I do with error coins?

                                           

Some of the rarest and most valuable coins are the ones with errors on it. If you find an error coin, it is best to keep it as it will increase the value of your coin collection.

Consider asking yourself these questions as you begin your new coin collection. You will be able to learn more about the collection process and make smart decisions as you add to your coin collection.