Coin Collecting

Coin Buying 101


There are various sources where those ďspecial coinsĒ can be purchased. The following are the basic methods and starting places to obtain the coin(s) you have long wanted.

Go local

Coin shops are plentiful in most states. Generally your local area or city will have coin shops which you can visit to see if they have the coins available that you want to add to your collection. Most of these coin shops are located in the larger town or cities. Better yet, use your local phone book and start walking those fingers through the pages to find out where the nearest coin shop(s) is located...

These shops provide coin collectors the opportunity to actually examine or scrutinize the coins that interest you. Fortunately, these coin shops are also replete with experts and coin lovers who share your passion and can offer their valid judgment on a particular coinís grade or value. They can also offer helpful tips as well as advice.

Local coin shops may sometimes have a limited stock or collection of coins and the price they offer them for may be a little bit higher than usual. This scenario usually applies to collectors.

Auctions for coins

There are also auctions specifically for coins. This method is a very effective Ė if not excellent Ė way to purchase coins. It is extremely important that prior to attending an auction you know the procedures and rules that apply.

There are various types of auctions; bidding auctions via mail, internet, as well as auctions conducted by phone. Always be aware and wary! It is important to make sure that you set a fixed price on the coin you are about to bid on. Auctions can turn very emotional and aggressive. Practice discipline and try not to bid more than the ceiling price you have set for yourself.

Buying coins by mail

This method is a very convenient and inexpensive way to purchase coins. Most dealers that transact via mail usually have overhead costs that are low so they are able to offer similarly low prices on coins they sell.

Do not forget to thoroughly inspect a particular dealerís policies before returning an item. Make sure that once you receive your coin, immediately inspect it for authenticity or damage. The coin you must have must be just as you ordered and what you expected.

In summary, coin buying is not difficult. All you need is to research and look for the best product available.

Articles compliments of skaDoogle

Browse Our Information Mall

Coin Collecting


Other Interesting Articles

The Perfect Time To Sell Coins

When is the perfect time to sell coins? This may be a dumb question if asked of a coin collector however timing really does make a difference. There are times when a collector wakes up in the morning and suddenly makes a decision to sell his precious collection of coins. There are also times that a collector needs to give up his coin collections due for personal reasons and the idea of selling his precious coins may be the most difficult part. No matter what the reasons are, it is a fact that this does occur in the life of a coin colle... [Read more]

What Are Factors That Affect The Value Of Coins?

When one is just starting in coin collecting, often the first question is: ďWhat is the value of the coin?: and the answer is that the coin will cost as much as you are willing to pay for it and the amount can vary considerably. For instance, a coin dealerís offer can be much less than a coin collector that certainly wants your coin badly to add in his collec... [Read more]

Collecting Coins

How do people start collecting coins? Do they just wake up one morning and say "hmm, I think Iíll start a coin collection"? Well, maybe, but for most collectors, it starts with a ... [Read more]

Coin Collections For All Ages

People of all ages are getting hooked with their coin collections. As a matter of fact, even the children are participating actively in colleting every dime and nickel they can get their hands on. There are a lot of reasons why people collect coins. Among the many reasons... [Read more]

The Coinage History Of U.K. Coin Collecting

Money was never been quite so valuable until coin collecting entered the world of the hobby... [Read more]


 Watch Videos on "Hobby"


Telegraph.co.uk

New £1 coin rollout could push up parking charges, experts warn
Telegraph.co.uk
Parking charges may rise due to the soaring costs of the new ¬£1 coin rollout, experts have warned. The round ¬£1 coin ceased to be legal tender at midnight, meaning vending machines, parking meters, self-service checkouts and shopping trolleys will now¬...



FIFA 18 Coins Guide - How to Earn FIFA Coins in FIFA 18 Ultimate Team - Best way to Farm FIFA Coins Quickly and ...
USgamer
How to build an Ultimate Team in FIFA 18, achieve great chemistry, earn FIFA 18 Coins quickly and stand the best chance of success when playing online. Get the best cheap players for Ultimate Team and learn about OTW cards. Squad Building Challenges¬...



BBC News

Where can you spend your old pound coins?
BBC News
... with the Royal Mint estimating there are £500m of old-style coins still in circulation. The bad news is that after Sunday, the old pound coins can't be spent any more because they've been replaced with shinier, newer ones, which are harder to copy ...
Old £1 coins: don't get short-changed after Sunday's switchover ...The Guardian
Old £1 coin deadline arrives on Sunday despite hundreds of millions remaining in circulationThe Independent
Thousands of shops to let customers pay using old £1 coin until Christmas - as midnight deadline loomsTelegraph.co.uk
Metro¬-This is Money¬-Mirror.co.uk
all 128 news articles¬¬...


The Guardian

New quid's in, but not everyone is ready to accept the 12-sided coin
The Guardian
Southern rail has been struck by delays again, but this time it is in adapting to the new pound coin. An unknown number of the operator's ticket machines will not be ready to accept the new coin on Monday when the old round pound is phased out.


Coin Collecting