In this episode of Spare Change we look at collecting Franklin half Dollar coins (50 cents). We discuss the history of the Franklin half dollar along with what to collect in the series.
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Duration : 0:12:10
If you have kids who are into coin collecting, you can help them realize the full potential of their interest by teaching them more about the matter and explaining to them the implications, as well as the many wonders, of coin collecting both as an art and a possible money-making hobby. Coin collecting for kids should be fun and exciting – a learning experience that your kid could enjoy in many ways.
Like adults that are new at coin collecting, kids should be taught some of the basic FAQs and their corresponding answers. This way, they’ll have at least a relatively solid idea about what coin collecting is all about. A kid who embarks on coin collecting without spending any time or effort to study the hobby and the market is just like any other lazy and ignorant coin collector who is sure to end up wasting precious money on problem, counterfeit, or overly graded coins. Of course, you’d want to spare your kid from that kind of heartbreak, so pile up the questions and explain on the answers well.
Perhaps one of the first things your kid will ask you regarding his newfound hobby – coin collecting for kids – is where to start. These days, you can find several coin clubs that have kids as members. You can have your kid join one coin club where he can learn about Coin collecting and where to get material for his own coin collection. The great thing about it is, your kid is sure to make new friends who will share his interest and with whom he can develop his hobby.
The first coins your kid can have for his coin collection are those in circulation. This will make getting started easier; however, you should remind him to avoid spending his coins. The next coins he can collect may come from a variety of sources, including coin shops, coin shows, flea markets, bazaars, craft fairs, mail order, and from sites on the Internet. If your kid’s coin collection is growing steadily and impressively, you could take him to auctions – the most elite source of collectible coins even to this day.
Major specialty auction firms put the rarest and most expensive coins up for grabs. You can even find some auctions being conducted online, making attendance easier and more convenient. Before placing your bid, you should make sure that the auction you’re joining is credible and that you check first the record of the seller. Bids can be pretty steep in auctions, so don’t join them if you don’t have the budget, your kid’s coin collection is not yet that noteworthy, or your kid has not yet shown his commitment to the hobby. Furthermore, once your kid shows genuine interest in the hobby, you can encourage him to trade or buy coins from other coin collectors. From the start, coin collecting for kids can be an adventure you and your kid can go through together.
Naturally, in coin collecting for kids, the proper handling of coins should be taught.
Gareth Bray
Challenge Coin collecting is a new and hot hobby for military and civilian alike. This is a glimpse into basics of a challenge coin.
Duration : 0:10:49
Some Basic Necessities For Your Coin collecting Kit
Coin collecting involves a whole lot more than just possessing coins as a hobby. It is a more elaborate process and you will need a good kit for developing this hobby in order to make it profitable and organized.
Essential Tools For Your Kit
Professional coin collectors need to make use of Coin Guides, which are not only for beginners, but need to be used by experienced coin collectors as well.
These Guides inform you of the procedure in starting your collection and how to continue it.
It will also give you all the necessary information on coins as each coin is different in regard to pricing and value.
It is always best to glean as much information as you can from the Guide, otherwise you may not make correct decisions due to lack of knowledge.
It is absolutely necessary to record and list everything in your collection. This way you have a record of each item and its worth in terms of value, cost and the year. That is why a Coin Inventory Record is a must as it organizes the collection and you can get all the information at once.
Here again there are options to choose from while recording – you could do it manually on paper or use a software.
Another important tool to invest in is a Coin Container. This will protect your coins. Chemicals like sulfur in paper and PVC in plastic are not good in the long run for storing purposes.
In order to keep the temperature at an even keel you could use Silica Gel packets.
While grading coins, Magnifying Glasses are essential – a 7x magnification is right, but you could also use anything between 4x to10x. The Magnifying glass helps in detecting flaws and scratches, which cannot be seen ordinarily, but for coin collectors it is absolutely essential to determine the authenticity and value of the coins.
A good lamp is essential and needs to be kept about half a meter from your working area. A halogen lamp would fit the bill or a 75 watt light would also do, but lighting is extremely essential when you are spending time with your coin collection.
A professional coin collector knows that his coins need to be handled with care with no finger marks on them. For this purpose, he will get either velvet pads or surgical gloves to prevent marks on the coins, as he knows that the coins value will depreciate.
These are the basics for your coin collecting kit – you may want to take it further and get some more things to keep your coins in top condition, but with these basics, you are on your way to taking care of and enjoying your collection.
Abhishek Agarwal
http://www.articlesbase.com/collecting-articles/coin-collecting-kits-tips-to-obtain-a-good-kit-739718.html
Coin collection was started initially simply for the purpose of preserving valuable ones. It is a respectable hobby in today’s world. There are thousands of collectors trying to get their hands on the rare coins that everyone’s looking for. Although some of the collectors are in it just for the money, many still appreciate this as an art oriented past time. Whatever the reasons you want to get into this hobby for, it is worth reading up a bit on how you could get started off on your collection. We have just done that, and this article is intended for those of you who wish to start off from scratch.
1. Keep your ears and eyes open
Any collector would tell you that this is how you can best get your hands on valuable coins wherever you may live. Coins have an uncanny habit of turning up in the most unexpected of places, and that is why keeping your senses can get you some fine coins for your collection. Look hard at the change people give you when you shop – very often collectors have been handed valuable coins this way, by mistake. Do ask friends and family if they have any coins lying around the house. At times you may find a piggy bank filled with ancient coins that are not in circulation any more, and that would be a collectors’ dream come true. If you do not have the patience to wait for the coins to come to you (as will happen eventually), you could always start your collection off by buying a few coins from dealers who specialize in that sort of thing. Getting a good coin collection kit from a hobby store is another good way to start off. You could also meet professional collectors – they are usually very inviting to someone new to the hobby, and may even give you some coins that are a not fitting in their collection, to help you start off. Needless to say, these coins would probably not be the rare variety – but hey it’s a start anyway.
2. The Internet
The Internet has changed a lot in our day to day life, and yes you can definitely buy coins on the net. You could buy coins online on auction sites such as e-bay. At times a collector needs to sell out his or her coins for financial reasons, and you could get your hands on an entire collection this way. You could read about the coins on the Internet and then decide on how much you can afford to pay for them. Usually you can get pretty good bargains on e-bay. Another reason why it is good to start off by buying a collection off the net is, people feel awkward talking face o face to professional when they are new to the hobby. So the internet can save you time, money as well as a bit of self respect, if you are the sort who is aware of things like that.
3. Supplies
Lastly you will need supplies such as a good magnifying glass to examine your coins, and a Coin collecting album.
Abhishek Agarwal
http://www.articlesbase.com/collecting-articles/coin-collection-for-beginners-3-valuable-tips-739670.html
Childhood is the ideal time to shape the mind, when it is highly mouldable. Young mind is curious and learns fast. By engaging the young mind with something educational and creative, you direct it to develop in healthy directions. It sure transforms the young kid into a responsible adult years later.
Parents can teach their kid to cook or to bake, and if the child likes it then quite likely he or she will become a good chef as an adult. By involving a child in hobby, we can teach how to concentrate on a particular subject and how to maintain focused on it. Coin collection is one such activity to engage kids (and adults too, for that matter).
Coins are just a form of currency for adults. They are commonly used to buy, say a newspaper or to make a local phone call. However, for children the coins are much more uyility than that. They can put coins in their piggy bank and later on use the collected coins to buy something special, Or for paying for expenses later in the college.
Piggy bank is the best way to get into coin collection. The parents can join the child in this activity and study the coins together. The year of manufacture of the coin can tells its own history. When the child learns about these details behind the coins, his interest grows. And this, further motivates him to grow his coin collection.
Finding a faulty coin — a coin with some missing letter, number or some type of misprint on it — can be very rewarding for the coin collectors. Because such things are not common, such faults greatly magnify the coin’s value disregarding what the face value is.
It is best to keep coins separately based on the purpose — coins that are for the purpose of collection and those meant for savings should be kept separately. When the later collection has grown up, this money can be used to buy plastic folders which are designed for storing coins. These folders are of two kinds — in one type you put just one coin in each folder and the other type holds several coins.
These folders are useful because the child can carry his preciouscollection, neatly organized in these folders, to his school and show to his friends there. This helps develop his self confidence when he talks about his “achievements” and his newly developed knowledge through the newly acquired hobby.
Through this hobby, the child learns the importance of savings — may be to buy some special item, gift or for a cherished project. Thus he learns to achieve his goals without always depending on the parents’ support. This is self reliance. Hence, this hobby of coin collection, if inculcated in the early childhood, will certainly develop the child into a responsible adult later.
Abhishek Agarwal
http://www.articlesbase.com/collecting-articles/coin-collection-reasons-it-makes-a-wonderful-hobby-for-kids-739666.html
The right time to cast children is when they are young. By getting their curious minds engaged in something informative, there’s an awesome chance that they may become very responsible grownups.
A few parents can begin by instructing how to bake or cook at a very younger age. If the kid enjoys and acts well with these, then maybe in the near future, this individual might become a good chef. Affording a child and hobby can also educate the kid how to be focused or to give specific attention to a particular subject. A very good example of these is by starting numismatology.
For most grownups coins are merely petty cash. They’re accustomed to buy newsprint or use to pay up for a ride along the subway and so on. For Kids, coins are just more than petty cash. Some children may save the pennies in their own penny bank to make an exceptional purchase or may save them for their college.
To begin a coin collection the kid and parent shall begin by opening the penny bank and analyzing the coins collectively. Coins were fabricated during different periods and all have their own history. By explicating the importance of each, the child’s interest grows and this will in turn encourage the development of the numismatics.
Both the kid and parent can get really lucky if they can find a coin with a misprint or missing numbers or letters is viewed over the coin. As these kinds of things do not happen frequently, the price of the coin will be very much larger than their original nominal value.
Coins which are to be the part of the collection ought to be held inside a minuscule box assorted from the other coins used for saving. When this kind of collection grows bigger, then it’s time to purchase a plastic pamphlet to store them. There are two varieties of pamphlets presently on the marketplace: the 1st will hold the coins one by one and another is a sheet which will accommodate several coins each page.
By using these folders the kid shall take his/her collection to the school to “tell and show ” and this might improve the self-confidence of the kid in achieving on his/her own – without any help from the parents.
Coins will educate the kid about how to save for a particular buy or project and will promote the kid to work really hard to accomplish the destination without asking money from parents.
Coin collection started in the young age will give benefits by teaching responsibility, in their life.
Abhishek Agarwal
http://www.articlesbase.com/collecting-articles/coin-collection-for-children-tips-to-guide-your-child-739686.html
When starting a coin collection, choose the type of coins desired, do research on coins and complete a series of coins before moving on to the next series. Start a coin collection and stay organized with tips from the owner of an antique store in this free video on Coin collecting.
Expert: Rui Farius
Bio: Rui Farias has over 20 years of experience in collecting antiques and coins, and 15 years of experience in buying and selling antiques.
Filmmaker: Christopher Rokosz
Duration : 0:2:40
In Coin collecting, U.S. gold coins include the 2006 buffalo $50 gold piece which was made for purely public sales. Buy U.S. gold coins while it’s a seller’s market with tips from the owner of an antique store in this free video on coin collecting.
Expert: Rui Farius
Bio: Rui Farias has over 20 years of experience in collecting antiques and coins, and 15 years of experience in buying and selling antiques.
Filmmaker: Christopher Rokosz
Duration : 0:1:56
Whether you’re an experience coin collector or you are just starting you already know that there is nothing more exciting than finding an extremely valuable coin to add to your collection. Of course if you are just starting you may not be aware that there are different values to be found in coins. That’s why there are some guidelines to determine the value of a coin. Following these guidelines will help you evaluate the coin collecting value of your coins or collection.
Of course each type of coins is different so it is only normal that they have different value. The first thing to do would be to have an expert evaluating your coin collecting value. I would even go further by having multiple expert conducting coin appraisals on your collection. The expert or coin dealers have the knowledge to help you find you coin collecting value. The value of your coin should be approximately what you expect to pay when you sell your collection.
Before seeing any expert you might want to gather information about the various coins that can be added to your collection. There are many places to gather such information, for starter there is always the internet which is very rich in information, just make sure you are reading from a reliable source. There is also the reference section in your local library that should contain quality information about coin collecting value and the coin grading process.
As I said the internet is probably the biggest library of all to gather quality information on the subject. You can even buy some eBooks that explain in detail the process of coin grading and Coin collecting value. The most important part however is to fully assimilate this knowledge so that you can understand the technical information you will be given by most of the experts who will conduct coin appraisals on your collection. You may even get lucky and find an expert who is more than willing to share is knowledge with you to further you education on the various coin collecting value grades and prices.
Most of the exert are more than willing to share their knowledge and expertise just make sure you listen and don’t be afraid to ask as mush questions as you can. An important point you need to be aware of in the world of coin collecting is that the value of your coins is always changing. So the nest time you come across a book or an article that can help you understand further the process of coin grading and evaluating your coin collecting value don’t hesitate to read it and learn more.
At the end of the day learning everything you can about the coin collecting value of different coins will help you understand and most of all determine what is considered a valuable coin. There are many places like coin shops you can find to buy coins or just examine them to improve your coin grading skills. By mastering the art of coin grading you will soon enjoy this hobby even more.
Frederic Madore
http://www.articlesbase.com/hobbies-articles/discover-the-coin-collecting-value-of-your-coins-132088.html
