6 Easy Reasons on Why Do I Like to Collect Coins

I have a collection that I’m very proud of. It’s not the most impressive collection in the world, but it means a lot to me.

And it’s also something many people don’t understand—I got a lot of questions during holidays on why I decided to collect coins.

Well, there are plenty of reasons why I like to collect coins, and I will share some with you today!

Why Do I Like To Collect Coins?

1. It’s a Fun and Exciting Hobby

Collecting coins is a fun, exciting hobby. You can collect coins from all over the world and of all different sizes, shapes, and designs.

You can also collect coins that are old or new, as well as ones made for special occasions like anniversaries or birthdays.

The best part about collecting coins is that it doesn’t cost much to start doing it!

But first, you need to get a few coin albums and small tools for organizing your collection.

2. It’s a Great Way to Learn about History

You can learn a lot about history by collecting coins. Coins are often the only things that survive different periods, making them valuable sources of information.

A coin can tell you about how people lived in those times and what they valued.

Coin collecting also helps you learn about different countries, regions, cultures, and historical events.

3. It Can Be an Investment

The short answer to this question is “Because it can be an investment.” Coins can be a good investment because the value of coins can go up over time.

Therefore, you can make money from selling your coins or buying rare ones worth more than their face value.

The long answer is: if you buy a coin for $10 and 10 years later, it sells for $100, the coin has appreciated 100%. In other words, you made 100% of your investment!

If you had put that same amount in the stock market instead and received a similar return, it would have been much harder work than putting together a few hundred dollars and buying some old coins at auction.

4. It Teaches Me How to be Organized

There’s a lot of value in learning how to collect coins. It teaches budgeting and helps you learn how to be more organized. You can also save money by collecting coins.

The more organized you are with your collections, the less likely you will spend money on unnecessary things like impulse buys or unplanned purchases.

Organizing coins also teaches frugality – one of the most admirable traits in society today (or at least, it should be).

So even if we live in an age where people seem less concerned about saving money than ever, there are still plenty of opportunities for all of us to start doing so!

5. It Teaches Me About Patience

Patience is one of the most important lessons I have learned while collecting coins.

To become a coin collector, you must be willing to wait for the perfect coin at the right price.

You also must be patient when waiting for your coins to sell to use the money for future purchases.

Lastly, if you want a rare coin or one in fantastic condition but costs more than $100,000 (or whatever price tag might apply), don’t worry about getting it now!

I believe patience is critical in any hobby or business venture because its value can never be understated.

Being patient teaches us how much longer we need to put into something before seeing results— sometimes, those results are worth it!

6. It Can Be Passed On to Future Generations

One of the best things about coin collecting is that you can pass on your collection to future generations.

You may want to gift it to your children or grandchildren, who can do the same when they have kids.

You might even want to give it away as a wedding present—I’ve read that a man once gave his daughter $100 worth of coins from 1910 as her wedding gift!

You could also donate your collection to a museum so that others can enjoy it for years!

Related Articles:

• 5 Reasons Why You Should Collect Old Coins