There are many reasons to start a coin collection ... as to which one is best, that has to be determined on a personal basis : 1) as a hobby 2) to learn about coins and history 3) as an investment 4) something to get you out of the house once in a while (like some wives suggest) 5) boy scout project 6) a shared interest activity with a loved one or any combination of the above.
yes a coin collection is personal property.
See the link below.
Collection of coins is called collection of cons only n there is no specific word for it. It is different from numismatics as numismatics is the systematic study of coins. Mere collection of coins cannot be called as numismatics.
A coin collection is called, well, a coin collection. The hobby of collecting coins is called numismatics.
If the coin is .999 silver value is about $27.00.
Grandparents, antique auctions, even pocket change are all different ways that a collection of coins can be started. Some coin collectors purchase coin albums, others use items on hand to store their collected coins in.
To start a new coin collection it will be important to have the proper storage folders and albums based on the types of coins being collected. Additionally it will be important to have a magnifier, light, gloves and a soft cloth.
There are some good ways to manage a coin collection. I seem to be no good at any of them. :) The best way, in my opinion, is to photograph each coin, and purchase a coin collecting program online where it keeps track of current prices, what you paid, name, mintage, rairty, and photos. Very handy because everything is in one place.
Numismatics is the study or collection of currency.
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If you don't know anything about coins, then the first step should be to take the collection to a coin dealer to get an appraisal.