There’s no denying the allure of rare coins. They’re worth more than their face value and come with a history you can trace back hundreds of years.
But while they may seem mysterious, there are plenty of ways to learn more about rare coins, so you can start collecting them today.
How To Learn More About Rare Coins:
Start with a Beginner’s Guide.
An excellent place to start is a beginner’s guide.
Many of these guides offer more information than you’ll need when you’re starting, but they’ll give you a solid foundation and help you decide what areas of the topic interest you most.
Here are some recommended books worth checking out:
- A Guide Book of Red Book US Coins covers all aspects of coin collecting for beginners, including the history and types of coins (i.e., bullion, proof, or mint state). It also includes tips on caring for your collection and explains how rare coin values have been determined in recent years.
- Coin Collecting For Dummies by Ron Guth & Neil S. Berman – this book focuses on U.S.-based coins only—so if that’s not what interests you (or if your collection includes foreign coins), then this may not be the right choice for getting started with collecting rare coins. However, if that sounds like something that interests you, read on! This resource contains everything from basic information about grading standards to advice on where one should buy their first set of coins from an online marketplace like eBay.”
Subscribe to Numismatic Magazines.
Several magazines sell coins and collectible items, many of which are available online.
These can be great resources if you’re interested in learning more about coins or getting advice from experienced collectors.
If you find one that could help, look into how much it costs and when it comes out before subscribing so that you can make sure the magazine’s content is worth your money and time.
Some good examples include Coin World (monthly), World Coin News (weekly), and Coins Magazine (bi-monthly).
Look for Articles at Your Local Public Library.
In addition to checking out the library, you can also use the Internet to research rare coins. Start by searching for “rare coin prices.”
You’ll find some websites that can help you determine the value of different coins.
You can also search for “rare coin” or “collectible coin” in your favorite search engine.
If you want more information on specific types of coins, try searching for the “commodity price guide.”
This will give you an idea of how much certain items are worth so that when someone offers them to you at a low price, they may not seem cheap.
Join a Local Coin Club.
If you’re new to coin collecting, joining a local coin club is one of the best ways to learn more about your hobby.
You’ll meet like-minded individuals who can help guide you through the world of rare coins and give you tips on how to get started in this exciting field.
To find a coin club in your area, ask at local libraries or check out websites that list clubs by state or region.
Look for clubs open to new members and offer beginner courses where you’ll learn different aspects of numismatics (the study of money) with guidance from veteran collectors and dealers.
Follow the News About Rare Coins.
If you want to learn more about rare or ancient coins, there are several ways to keep up with news and trends.
The most obvious place to begin is by reading the newspaper and magazines covering rare coins. You can also look for blogs and social media sites focusing on these items.
Different publications are suited for different types of readers; if you’re new to collecting coins, a magazine with beginner guides is better than a journal written exclusively for experts.
Once you’ve found some articles covering your area of interest, what should you do next?
Read them! Look out for any information that seems particularly interesting or relevant to your needs (such as particular topics), and make notes about it as necessary.
Go to Coin Shows and Auctions.
Coin shows are great places to meet people who know a lot about rare coins, see what rare coins sell for, and learn more about the hobby.
In addition, you can often find dealers who will allow you to look at their stock of coins before deciding whether or not they’re worth buying.
This is helpful if you’re looking for a specific coin or want an idea of what’s available on the market.
At coin shows and auctions, you’ll also have a chance to meet other collectors and dealers who love collecting rare coins as much as you do!
Takeaway:
There are so many ways to learn about rare coins. You have to start!
- Start with a beginner’s guide. An excellent place to start is with the Library of Congress’s online catalog, which has books on everything from coin collecting basics to advanced numismatics. The Beginners Guide To Coin Collecting by Q. David Bowers is an Amazon bestseller and includes information on how coins are made and what they’re worth today.
- Subscribe to numismatic magazines. Many magazines also specialize in rare coin collecting, including Coin World and Numismatic News (founded as a weekly newspaper in 1886). If you’re looking for local resources, check out your local public library or coin club for new publications about the hobby!
- Look for articles at your local public library. Another excellent resource for beginners is visiting your local public library—many libraries also offer special collections of coins or magazines about them! You may even find some older issues of Coin World there if you look hard enough!
- Join a local coin club (or start one). Joining any community group can help bring together people who share similar interests; if attending auctions or shows doesn’t interest them because they don’t have much money but still want
Before you go…
Learning about rare coins is just like learning about anything else. You have to do your research, and you have to get started. The first step is always the hardest, but it will be accessible once you start collecting and learning more about these coins!
Check out my next article: “How To Look At Rare Coins?“
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