| Coin collecting has become a
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| | organization encourages research and
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| multi-billion dollar industry across the
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| | collection of different types of
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| world. The earliest coin collecting
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| | currencies. The ANA brings out a monthly
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| hobby can be traced back to about 1300 AD
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| | magazine called the Numismatist that is a
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| when Francesco Petrarca, an Italian
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| | treasure trove of data for the avid
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| scholar and poet, started saving coins
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| | collector. The ANA also publishes a coin
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| and realized the growing value of his
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| | value determination guide that provides
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| collection over time. Coin collecting
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| | clarity around the complex subject of
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| differs from numismatics in that the
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| | coin valuation.
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| latter is focused on the study of
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| | The coin collection market, like the
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| different types of currency including
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| | stock and real estate market, has its ups
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| coins, notes and other monetary objects.
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| | and downs. The value of a coin is
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| Coin collectors specialize in different
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| | cyclical and can vary strongly based on
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| types of collections. Often this is
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| | demand or other current events. Often,
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| determined by the financial resources
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| | coin collectors will find that certain
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| that can be invested as well as ease of
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| | coins may never appreciate over time even
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| availability of the type of coins.
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| | though they may be from a unique era or
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| Collections vary from focusing on a
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| | period. Conversely, other commonly found
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| specific country (often the most common
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| | coins like the 1 cent from, say a Lincoln
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| form of coin collection since it's easier
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| | era, may appreciate in value. Many coins
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| to accumulate coins from one's own
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| | may also incur costs for storage since
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| country or a country that one frequently
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| | they may have to be kept in sterile
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| travels to) to a certain historic era
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| | conditions to prevent damage from
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| like the US Colonial Period, the Russian
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| | oxidation or general touch.
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| Revolution etc.
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| | For those interested in coin collecting,
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| Other obscure forms of collection include
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| | the easiest way to start is by collecting
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| focusing on collecting error coins or
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| | coins from their own country and then
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| exonumia where coins created due to die
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| | gradually focusing on a specialized area.
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| errors, uneven designs, double strikes,
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| | There are numerous stores (both physical
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| etc. are in great demand. A much more
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| | and online) that carry a large inventory
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| specialized but highly difficult form of
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| | of rare coins. Auction sites like eBay
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| collection is to focus on coins from a
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| | also have frequent listing of rare coins.
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| specific civilization in history, like
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| | Caution must be exercised when
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| the Roman, Celtic, Aryan or Goth eras.
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| | purchasing from online stores since
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| Those interested in coin collecting can
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| | certificates of authenticity can be
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| find hundreds of coin collecting clubs in
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| | tampered and fake photographs can also be
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| their areas where members gather to
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| | published. If possible, it is
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| discuss trends in numismatics as well as
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| | recommended to use online escrow services
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| to evaluate rare coins. In the US, the
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| | that will collect the payment on behalf
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| American Numismatic Association has a
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| | of the seller and subsequently pay the
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| large roster of coin collectors from
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| | seller only after the buyer receives and
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| around the country. Formed in 1891, this
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| | verifies the coin.
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