![]() The American Numismatic Association provides a database of clubs around the world. Numismatics (noo-miz-ma-ticks) is the study and collecting of things that are used as. There are many national and local clubs and numismatic organizations. A person who collects coins is called a numismatist (noo-miz-ma-tist). Coin ClubsĬoin clubs allow you to share your collection with others and learn more about coins. Use resources such as the Official ANA Grading Standards for United States Coins to learn more. As a collector, it’s important to understand coin grading to know the value of a coin and to verify grades given by others. There are professional coin grading services, but grading is subjective. The grade is listed as “MS-70” or “F-15”. A coin is assigned a number between 1 and 70, as well as an adjective such as poor, good, very fine, or mint state. The Sheldon coin grading scale is used to determine a coin’s value, based on factors such as how well the coin was made, how much wear it’s developed, and the luster. Tip: compare prices to avoid overpaying and verify a reasonable return policy before ordering.Ĭoins can be found at various events, but less competition can encourage inflated prices or selling “problem coins”. The rarest and most expensive coins are often available only through auctions. You may want to ask an experienced collector to suggest reputable dealers.īuy coins at national or local coin shows. Trade or buy coins privately or through coin clubs.Ĭoin dealers buy or trade coins. If you are unable to find what you’re looking for in our catalog or Coin Seller Database, you may also find coins through: How worn is it? Wear tends to be the biggest factor in determining a coin’s grade.Is it damaged? Scratches, bag marks, staple marks, and corrosion will decrease a coin’s value.How lustrous is it? There is no way to restore a coin’s shininess.Build Your CollectionĪ combination of finding and buying coins can be a good way to build your collection.īefore adding a coin to your collection, consider: You can learn more about errors through numismatic publications and organizations. Coins made before the invention of modern machinery show a variety of die, planchet, or striking errors. Although most error coins are recycled before they ever leave a Mint facility, the few that make it into circulation are often considered collectibles. The Mint makes yearly sets, such as uncirculated, proof, and quarter sets, that make it easier to collect based on some of these themes. There are many approaches to collecting coins. Get familiar with the parts of a coin and basic coin terms. You can begin with coins that you already have on hand.īecoming a coin collector involves a common vocabulary.
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