| Some people are born to love money; whether | | | | prompted the start of "rare coin collection." |
| they spend it or just collect it, they are simply | | | | To know more about U.S. coin collecting, here are |
| born to love the way money provides them the | | | | some of the basic facts that you must know: |
| kind of gratification that they need. | | | | 1. It was on 1787 that the primary "federally" |
| For example those people who are coin collectors | | | | approved coin of the U.S. was first made. It was |
| simply love the sight of coins and many wish to | | | | in New Haven, Connecticut where the "Fugio |
| display their collections as art. | | | | Cent," the name of the coin, was secretly |
| In the United States, coin collecting started as | | | | manufactured. |
| early as 1652. During this period, business people | | | | 2. The U.S. Mint is responsible for manufacturing |
| and individuals alike, were known to engrave and | | | | the U.S. coins. The agency uses bands of metal |
| distribute their personal coins. | | | | that are rolled into loops, with the right breadth |
| Some people are so interested in coin collecting | | | | and measurements. Each kind of coin uses a |
| that they are more willing to combine various | | | | particular kind of metal. For instance, metal strips |
| forms and categories. The reason for this | | | | that are made of zinc are used to manufacture |
| fascination for these coins is the very nature of | | | | pennies, while nickels are made of a 25% "nickel |
| U.S. coins. | | | | metal alloy" and 75% copper. |
| The U.S. Mint carefully crafts U.S coins and over | | | | For this reason, U.S. coin collecting is further |
| the past 30 years it has minted nearly 300 billion | | | | subdivided into categories such as the U.S cent, |
| coins. | | | | U.S. nickel, U.S. dime, etc. |
| When the Articles of Confederation gave consent | | | | People who would like to start collecting U.S. coins, |
| for the different states to create or manufacture | | | | should learn the intricacies or the hobby and find |
| their own coins, the U.S. coin collections grew at | | | | ways to acquire their first coins. |
| an unparalleled rate. That is why in the middle of | | | | The hobby of U.S. coin collecting is not just a |
| 1780's, states like Connecticut, Vermont, New | | | | wonderful hobby but also a great way to |
| Jersey, New York, and Massachusetts started | | | | preserve the nation's culture and history. |
| creating various coins unique to their states. This | | | | |