| 1. Coin Collection As A Hobby | | | | Another way that will enable you to build a |
| There are so many hobbies to choose from, and | | | | network is joining a coin club as this will help you |
| coin collection is no exception - there are people | | | | to exchange coins with other members. |
| who do this for enjoyment, but there are others | | | | Another important feature to bear in mind is that |
| who would like to get into it for profit. People with | | | | the older coins have more value because they |
| a long-term view know that although their coins | | | | were made of pure silver or gold, but with the |
| may not seem valuable, it could fetch them a | | | | increase in demand, they are now made of only |
| profit in time. | | | | 40% and 60% copper. |
| Some of the examples of profit making are | | | | Once your collection is complete, you will need to |
| stamps and baseball cards. Also, many people | | | | store your coins in either an album or a good |
| have made a vast amount of money on E-Bay | | | | folder. This will keep it dust free and portable. |
| where articles are auctioned and sold. Coin | | | | You will need to clean your coins carefully by |
| collecting is also an extremely profitable venture. | | | | using either rubbing alcohol, vinegar or even lemon |
| While starting out in your coin collection, you will | | | | juice. This will take away the dirt - after this you |
| need to decide the location and the period of the | | | | can use a soft cloth and dry them. Polishing the |
| coins, as there are new coins that come in every | | | | coins is not recommended as they may cause |
| year and also the older ones. | | | | scratches and bring down the value. |
| 2. Using Reference Books And The Web | | | | Apart from being a hobby that could be purely |
| It is important to make a thorough research on | | | | for enjoyment, coin collecting can also be a |
| the coins, as this will help the coin collector in | | | | lucrative business. The main thing is to choose the |
| deciding what he would like to buy. He will also be | | | | right period, make a study of coins on the Web |
| able to find out those who are in the business of | | | | or through magazines, join a club and maintain |
| selling coins. | | | | your coins by cleaning them and storing them so |
| A subscription to a Coinage Magazine or Coin | | | | that they are not damaged in any way. By |
| World will also be useful - a coin shop in the | | | | observing this, you are on your way to both |
| locality will be able to guide you on the availability | | | | enjoying your collection as well as making a profit |
| of antique coins away from your own State. | | | | out of them. |