| So you want to become a successful coin | | | | your greatest relationships that you will have in |
| collector. Well you have some simple concepts | | | | your hobby. |
| that you must learn in order for you to become a | | | | -Another asset in coin collecting is learning to |
| good coin collector, and let's face it, if you don't | | | | grade your coins. Knowing how to grade coins will |
| learn some key rules for collecting coins, you are | | | | not only help you purchase your coins more |
| not going to enjoy collecting coins. | | | | accurately, but it will help you to identify with your |
| -Well I would say that EDUCATION would be the | | | | coins to know their true grade and getting a |
| most important factor for anyone to be a | | | | better understanding of what your coins are |
| successful coin collector. Learn as much as you | | | | worth. Lots of money is spent on purchasing |
| can about this wonderful hobby. Buy as many | | | | coins without the knowledge of knowing what the |
| books and reading material on all aspects of coin | | | | true grade of the coin is. The coin collector |
| collecting that you can get your hands on. This | | | | assumes the person or dealer that he is buying |
| may even include subscribing to a few coin | | | | the coin from is knowledgeable himself and trust |
| collecting magazines like Coin World. There are | | | | him. This is not a very trusting practice, and in the |
| many online organizations, some listed on this site, | | | | end it could result in your spending lots of money |
| and you can read about just about anything that | | | | on your coin collection. |
| there is to know about the hobby of collecting | | | | -In the hobby of coin collecting, you will learn |
| coins. | | | | patience. Coin collections are built over many |
| -Learn to be a coin collector. A true collector | | | | years, and beginner collectors will most often rush |
| collects coins for the right reasons. It is what he | | | | into collecting coins, with out learning the hobby |
| loves, it's a true passion for him. It is what | | | | first. This is a long term hobby, and some of the |
| interests them the most and they study the | | | | best and successful coin collectors are collectors |
| market and learn what it is they are purchasing. | | | | having 10+ years under them. If you are planning |
| Most collectors build collections for not only the | | | | on collecting coins for profit. It is advisable to buy |
| feel of the hobby, but to make money as well. A | | | | your coins with the intention that you are going to |
| true collector is building an investment and knows | | | | keep them for at least 10 years. This will insure |
| what he wants out of his collection. | | | | that you will get a reasonable return on your |
| -Make sure you know where to get the | | | | coins. |
| information you need to succeed in hobby. Coin | | | | -Having long and short term goals is the key to |
| magazines, brokers, and newsletters in the hobby | | | | being successful in anything that you do. Well this |
| are a great way to keep up with what is going on | | | | holds true with coin collecting. Make sure you |
| in the coin industry. In my opinion the greatest | | | | know what, where, how, and when, when it |
| place to find information on the coins that you are | | | | comes to coin collecting. Knowing your goals will |
| looking to collect are from dealers and other | | | | help you become a successful coin collector and |
| collectors. Working with your local coin dealer, who | | | | make your hobby more enjoyable. |
| is established and well informed would be one of | | | | |