Coin Collecting 101

5 Cheap Coin Supplies You Need & Where To Find Them

cheap coin supplies

Cheap coin supplies are in high demand by collectors who want to take care of their coins but don’t have much… ahem… “coin” to spare (cue the joke punchline drum shot… ba dum sssssst).But, in all seriousness (OK, I’m not really going to get too serious – this is a blog post about a fun hobby after all), buying coin supplies can be a very expensive burden on coin collectors who have only a few bucks or so each week to spend on their passion.So how can coin collectors on a budget find … [Read more...]

How To Collect Short Sets: 5 Easy Coin Collections For Collectors On A Budget

short sets

Short sets – miniature date-and-mintmark coin collections for a given series – are highly popular for coin collectors on a shoestring budget.A short set of coins is less expensive because it contains fewer coins than a typical, complete date-and-mintmark run of coins for a series and usually avoids the expensive key-date coins.These budget coin collecting sets also provide you with a springboard to finish the rest of that series should your finances later permit.What follows below … [Read more...]

How Selling Old Coins Can Help You Afford To Buy New Coins For Your Coin Collection

sell-coins

I’ve been collecting coins for a long time – since I was the age of 11, to be exact.In that time, I’ve been buying and selling old coins and have spent an amount that’s easily into the thousands of dollars.I would have spent much more money than I have, though, if not for the fact that I’ve sold many of my old coins to buy new ones.In fact, looking back at my collection, which includes hundreds of coins, I probably have only a couple dozen or so of the coins that date back to the … [Read more...]

How To Collect The Kennedy Half Dollar

kennedy half dollar

The Kennedy half dollar is perhaps one of the most famous coins today, though its birth had a terribly unfortunate cause, and that was the assassination of President John F. Kennedy on November 22, 1963 in Dallas, Texas.Ever since the first Kennedy half dollars rolled off the United States Mint presses in 1964, the coin has been immensely popular.In fact, widespread hoarding of the coin in the mid-1960s by individuals who wanted a memento of the fallen president is believed by many … [Read more...]

What Are Super Grade Coins? Here’s The “Perfect” Answer For You!

super grade coins

With the plethora of comic book hero movies coming out on the big screen lately, you may think super grade coins would have something to do with heroic money that manages to save the universe from a rogue brand of currency. While money does make the world go ‘round, a super grade coin isn’t necessarily going to don a cape and swoop out of the sky to save you from a runaway train.However, like comic book heroes, super grade coins are pretty flashy…So, what exactly is a super grade coin? … [Read more...]

5 Coin Collecting Supplies Every Numismatist Must Have

coin collecting supplies

Every coin collector, early on in his or her ventures in the hobby, eventually gets to the point where they need to start investing a little money in coin collecting supplies to enjoy the pastime to its fullest.When I was 11 years old and first started collecting coins, buying supplies was not initially on the top of my to-do list.But, before long, I began setting aside a little bit of my coin collecting budget for items that would become important in my numismatic ventures.Below is … [Read more...]

Collecting Fake Coins – A New Facet Of Coin Collecting That’s Gaining Attention

fake-coins

It used to be that you never uttered the C word or the F word in coin collecting; of course, those words would be counterfeit and fake, as in counterfeit and fake coins. Nowadays, many coin collectors use another term for these less-than-real coins that is a little more... ahem... politically correct, and that is “replica coins.”Novelty coins, replica coins, copy coins... No matter what term you use, though (even if it is fake coins!), collecting coins that aren’t 100 percent mint made is … [Read more...]

What’s A Business Strike Coin?

business-strike-coins

If you have spent any time perusing coin listings on coin dealers’ websites or checking out online coin collecting forums, you have probably come across the term business strike. But what’s a business strike coin, and how does one differ from other types of coins, such as proof coins?Business strike coins are intended for the purpose of circulating in the channels of commerce, or, in other words, daily exchanges of money at the grocery store, the bank, and the mall.So, the coins you have … [Read more...]

What’s The Lifespan Of A Coin? Find Out How Long Coins Last

coin lifespan

Have you wondered what the lifespan of a coin is?When I started collecting coins at the age of 11, that was one of the first things I wondered – how long does a coin last before it is too worn to use?Not long after I started collecting coins in the early 1990s, my question was answered when I heard about a report that was conducted by the U.S. Government Accountability Office (GAO). This study concerned the average lifespan of coins and, more specifically, how much the United States … [Read more...]

Keep Your Pretty Pennies Safe in Coin Albums for Lincoln Cents

coin albums

If there is one coin that I and millions of other coin collectors love putting in coin albums, it has to be the Lincoln cent, and for good reason – it is one of the first coins we ever started collecting, most dates are pretty affordable, and these pennies are easy to find in pocket change.Besides, Lincoln cents have been with us for more than a century – since 1909, to be exact; so it is no wonder that this beloved little coin is found in millions of numismatists’ coin collections.My … [Read more...]