Coin collecting is perhaps the most popular part of the hobby of numismatics (the study of money and its history).
Among the most popular types of collections are world coins (coins from several countries), ancient coins, and coins of a particular country.
Coins can be obtained from coin shops and show, antique and collectors fairs, mail order, on the web, flea markets and car boot sales and other collectors. There are many collectors clubs too.
Collectors can be of all ages and you are never too young or old to start a collection.
In general, collectible coins should be handled carefully to avoid the possibility of causing wear or introducing substances that may lead to spots or color changes. Handling on the edge is recommended and coin holders can offer protection.
The most common type of coin collector is the casual collector. Casual collectors can be both children and adults who tend to collect random coins, because they like it, and because it's fun. When a collector goes beyond circulation finds and develops more of an interest in coins, he often graduates to being a curious collector. The curious collector will buy coins which seem interesting. Advanced coin collectors tend to specialise and may pay a lot of money for just a single coin.
Coins can be rewarding for the collector who makes the effort to study the hobby and the market. Someone who does not make that effort is more likely to waste money on over-graded, problem or counterfeit coins. Before spending a lot of money on coins, invest in your knowledge of the hobby. Collecting coins from circulation is a great place to start. The risk is negligible and you can learn a lot examining your coins carefully and seeing what your reference book says about them.
The collecting of coins is known as Numismatics, and is closely associated with Treasure Hunting 617.
Coins do not need to cost anything, you can find them in your change (circulation). When your interest goes beyond coins in circulation, visit coin shops and fairs where they can be picked up from a few pence to many pounds.
Level of Demand
The table below shows the maximum levels of demand that this activity requires. NOTE: These are not entry levels or levels of requirement and has nothing to do with ability.
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