| Coin collecting was started only as a hobby for | | | | Flea Markets: |
| most people, however you can hear what other | | | | It would be surprising place to find rare coins at a |
| people say (or you probably have heard yourself) | | | | flea market, but stranger things have happened. |
| about news of people cashing in on their old coin; | | | | These places have different ideas about pricing |
| and that encouraged more people to go on a | | | | which is due to their lack of understanding of how |
| coin-collecting streak. If you are one of those | | | | a coin should be priced. You will find overpriced |
| people who want to invest in coins, here are | | | | coins but if you are lucky you might find a rare |
| several places to start your collection. | | | | coin somewhere in those stacks of coins that will |
| Coin Shops: | | | | make it worth your while. |
| Many shop owners are dealers that know a lot of | | | | Flea markets sellers are usually looking for a quick |
| information about coins and are selling coins too. | | | | sell and would probably give you discounts when |
| These coin shops are a valuable place to find and | | | | you buy their items in bulk. Try to buy other |
| gain more information about coins and coin | | | | items and get your coins added as a bonus. |
| collecting. These coin shops can be costly, though, | | | | Auctions: |
| as they are anticipating selling their coins for a | | | | If you are looking to invest in really, really rare |
| profit. With enough knowledge and/or having | | | | coins, the best place to go would be an auction. |
| someone who know a great deal about coin | | | | Auctions are the only place where you can find |
| collecting at your side, you can get great prices | | | | people selling their rarest and most expensive |
| for your coins. | | | | coins. Several of these auctions are happening |
| Coin Shows: | | | | online at the same time and most of the sellers |
| There are times when your local mall will have an | | | | are looking for the highest bidders. You must be |
| exhibit from several coin dealers and that will let | | | | aware and warned that some of these sellers are |
| you see all of the collections and allow you to buy | | | | frauds and will not make the price you pay |
| some coins for a lower price due to the | | | | worthwhile. You should try to learn more about |
| competition. You will probably also see several | | | | these coins and their worth before trying to buy |
| new coins that are available and suitable for your | | | | one from an online auction. |
| collection. | | | | Other Coin Collectors: |
| These coins shows are great not only for sellers | | | | Coin collectors usually have duplicate coins that |
| and buyers but also for coin enthusiasts who | | | | they are willing to sell for a price lower than its |
| want to see rare and hard to find coins. | | | | market value. The only problem is it is hard to |
| Mail Orders/Web Sites: | | | | find another coin collector that collects the same |
| There are thousands of dealers worldwide and | | | | coins as you. The best places to look are online |
| most of them have websites that allow buy coins | | | | groups, forums and (if you have one) local groups. |
| and pay for them through mail order or through | | | | Other coin collectors are the best people to turn |
| any online payment system such as Paypal. You | | | | into when you want to start your own collection. |
| should do your research on these companies and | | | | They can offer you tips, discounts and some |
| read their terms carefully to make sure that you | | | | might even be tempted to give you some of |
| can get your money back when you have a | | | | their coins to kick-start your collection. |
| problem with the coin you purchased and/or | | | | Coin collecting is like any other investment the |
| received. | | | | value will fluctuate: they may depreciate in value |
| For every legitimate web site, there are may be | | | | and/or gain value at any time. The best way to |
| hundreds of fake web sites that are just | | | | profit in coin collecting is keep updated with the |
| attempting to get your money. You should always | | | | news and the prices of the coins. This will not only |
| ask for feedback from previous customers | | | | help you in not being fooled by merchants but by |
| before paying anybody online and remember not | | | | learning how to price a coin even without a price |
| to give out any password or pin numbers. | | | | list. |