| ny coin gets the collectors' attention; there are | | | | collect only coins to commemorate leaders) or |
| certain features that makes one coin collectable | | | | one can focus one a particular year. |
| and another not so much. Coins that are no longer | | | | It is not difficult to start this hobby. If you travel |
| in circulation and therefore rare gain value over | | | | you can keep all the coins in your change form |
| time, coins that are minted to commemorate | | | | your travel. The expensive part comes when you |
| certain events or persons are also very valuable | | | | try to compete and try to complete the collection |
| and more so if they are old and no longer in | | | | as much as possible. If you cannot get the coins |
| general circulation. Also coins that may have | | | | you needed yourself then you will have to buy |
| minting errors on them or any other special | | | | from another collector who might have extra or |
| appearance are valuable. | | | | is just willing to part with it. |
| Commemorative coins are especially important | | | | It is possible to make money from a coin |
| for gaining value. Others reasons may include | | | | collection but just like any other business venture |
| condition of the coin, beauty of design and need | | | | collectors need to study the market well and not |
| by other collectors. For example the new | | | | be too excited. All the factors that normally |
| Canadian silver coins to mark the 2010 Olympics | | | | affect a business will affect the coin market too. |
| in Canada will cost a lot for collectors say in 10 to | | | | There are things to look out for; for example |
| 20 years. There are many coin dealers groups | | | | marks and any damage on the coins could reduce |
| and clubs that pass information to each other as | | | | their value although sometimes it may actually be |
| well as trade between each other. The internet | | | | what makes them get collected. |
| has also been instrumental in helping in the forming | | | | There several groups bringing together the coin |
| of groups and the selling and exchange of coins | | | | collecting population and offering services such as |
| and information between collectors. It is much | | | | grading of coins and encapsulation of coins. It is |
| easier to source coins that one desires. | | | | hard to say if the grading is based on any science |
| Just like stamp collecting coin collecting offers the | | | | at all and is can best be said to be subjective. |
| collector a wide choice just that it would be quite | | | | Collectors need to know that fraudsters can also |
| expensive and exhausting to collect everything. | | | | create counterfeit coins and try to pass them for |
| Therefore most collectors would rather focus on | | | | rare coins so they will be better off trusting a |
| a particular area only. One can focus on a | | | | grader than buying blindly. |
| country, or an era, or certain themes only (e.g. | | | | |