6 Coin Collecting Tips To Help Preserve Your Collection For Future Generations

Wednesday, September 30th, 2009

If you are new to the coin colleting business – we’d like to welcome you onboard. You’ll soon discover that coin collecting is unlike any other hobby. Coins will tell you stories, take you to special places and ancient times and if you want your coin collection to last generations to come, there are a few things you should know, because coins can be delicate and keeping your collection in good shape is not as easy as it looks.

  1. Although coins are basically made to be used and exchanged, proof coins don’t really like to be out in the open, exposed to different elements and conditions that hasten their deterioration. Coins don’t like damp places, liquids, acids, and even bare human skin. Yep, coins generally don’t like you. Or anybody.
  2. First of all you should get a protective, acid-free, album or book where you can safely store your coin collection. These albums are great when you want to display your collection and they also keep the coins protected. But don’t use any album and don’t be tempted to put your coins in that old baseball cards album. Buy the protective case from a coin dealer because a chemical element found in PVC and some types of plastic can damage your coins overtime. You should also store your coins in a dry and dark place, where the temperature is comfortable and mild.
  3. Now this one is a little tough. We know that you got a collection running and like any collector you want to see and feel your precious exhibit. But you shouldn’t really touch coins with your hands. Our body and finger oil is harmful to proof coins and can cause scratches and discoloration. Even when you use gloves, try to hold the coin by its edges. And don’t sneeze!
  4. No matter what happens, you should never clean your coin collection! No kidding! Cleaning will only damage the coin and its value. If, for some reason, you must clean a coin, do us a favor and let a professional asses its value first. If it turns out that your silver dollar worth less than a nickel - go ahead and clean like there’s no tomorrow. But know that once a coin is cleaned, there is no turning back. It will loose the coating and toning and be more vulnerable. As a rule, you should never clean proof coins or uncirculated coins. If you really must, clean only circulated coins and let a professional do the job for you.
  5. Remember to check your coins regularly. See if anything changed, any discoloration or aging signs. Sometimes you can find a coat of green substance on your coins which probably means that there is a reaction with the protective cover or with the storing conditions and you should consider other storage possibilities.

If you are looking for more information about coins and coin collections, head on to www.ContinentalMint.com were we help Coin Collectors start and expand their collection with a wide selection of coin sets and collectors’ supplies, at the best prices available. At www.ContinentalMint.com we are dedicated to bring you a memorable piece of U.S. history, a professional, knowledgeable Customer Service and discounted prices and shipping rates.

Continental Mint helps Coin Collectors to expand their collection with a wide selection of coin sets and collectors’ supplies, at the best prices available.

Mark Etinger is a business strategist at Ajax Union Marketing Ajax Union specializes in Business Development and Internet Marketing

Article Source:http://www.articlesbase.com/collecting-articles/how-to-maintain-coin-collection-and-keep-coins-for-generations-to-come-6-essential-coin-collection-tips-1274246.html

Book of the Day: The Instant Coin Collector

Tuesday, May 12th, 2009

If you're looking for a book chock-full of quick and clear answers to basic coin questions such as how coins are made, which coins are best to collect and why, and the best way to organize a collection, it's all delivered in this innovative and simply savvy guide. Written in a friendly, supportive tone using 300 color photos to clearly illustrate and instruct, this book also offers a primer on properly handling coins and a historical overview of recommended series of coins for beginning collectors.

The Instant Coin Collector bookThis useful book contains all the crucial info needed to start your coin collection right now, including:

  • An overview of how coins are actually made
  • Definitions for the different parts of a coin
  • Oft-used coin terminology
  • Strategies for organizing your collection
  • Tips for the proper handling of coins
  • Which coins are the best to collect and why

Check it out here: The Instant Coin Collector

Selling Your Coin Collection

Tuesday, April 14th, 2009

There are so many people who pursue the hobby of collecting currency – coins & money. They do is out of different reasons. Some just do it for fun; some do it very seriously, as they expect to make money out of it. When people are very clear about why they are collecting money or coins the things are relatively simpler.

May be one is just born in an environment where information regarding the sales and purchase of the coin & money collection is available. On the contrary there are people who just collect coins & money for pure fun, its noting more then a hobby. However, at any point in case they want to sell off their coin & money collection they just don’t know where to go. Their collection may be worth many folds as compared to the prices they could manage by themselves because of the limited information available.

To start with lets understand what is that would fetch you bugs against your coin and money collection. If you collection includes-
•    Paper money & coins circulation of which is ceased
•    Prized collector’s paper money & coins
•    Coins & paper money that is graded and authenticated
•    Old & antique coins
•    Coins from round the world
•    Minting errors that are uniquely found on the coins

Your coin & money collection could be sold all by yourself by using any of the various ways listed below: –

1.    Local Coin Club could be visited. American Numismatic Association provided a list of local coin clubs that could be approached for the purpose. They would charge a nominal fee in lieu of the services that they provide. Depending upon the rules of the local coin club, they would have weekly or month meetings. In such meetings the coin & money collectors not only show off their collection but could exchange or sell the coins & money collect that one has.

2.    Coins Shows should be attended. The schedule of such coins shows are easily available over the internet, one needs to get online and hunt for them. Some of the coins shows would have a nominal fee and the others might not charge any thing. You must know the worth your coin & money collection and must have an idea of the price tag that you would like on your collection.

3.    List the details of your coin & money collection on the websites that offer selling services. Ensure for the best prices put a picture to attract customers.

4.    Auction Houses is another option. However this option could be explore only when you sure about the coin & money collection that you have. Only when you have one of its kind coins or money notes and you are very sure of its authentication you should go for this option. But one thing is for sure, if the collection that you have is worth - auction houses are the best place to cash your coin & money treasure.

Depending upon the collection explore any of the options stated above.

Learn more about Collecting Coins and Vintage Bank Notes

Article Source:http://www.articlesbase.com/collecting-articles/selling-your-own-coin-or-money-collections-864235.html