While tough economic times are pushing people to cut back on entertainment and luxuries, you don’t have to give up coin collecting to make ends meet.
Try some of these budgeting tips:
- Go back to using pocket change as a means of collecting coins — all they cost is face value!
- Stretch coin collecting goals (like completing sets or albums) over a longer period of time.
- Save a small percentage of your discretionary income for coin collecting.
- Search the discount bin at your local coin dealer for specials.
- Try collecting cheaper coins — like Jefferson nickels, Roosevelt dimes, or foreign coins.
My love for coins began when I was 11 years old. I primarily collect and study U.S. coins produced during the 20th century. I'm a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. I'm also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). I've contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. I've also authored nearly 1,000 articles here at The Fun Times Guide to Coins — and I welcome your coin questions in the comments below!