Coin Collecting Book
Turning to a quality coin collecting book can help a budding collector become a knowledgeable numismatist through study and investigation. There are a variety of books available on this subject. Some resources might simply cover the issue of grading standards, a topic which can easily fill multiple publications. Since a great number of coins are available for collecting, the standards that apply to each one can be quite extensive. Within each category might be dozens of levels and grades. A quality coin collecting book will also include photographs of very high resolution and caliber that will allow collectors to see the aspects of each example of coinage for themselves. An explanation of mint state along with the many different levels that categorize this designation will also be included in books on the grading of coinage. Publications that deal with this topic may also cater to the specific needs of collectors at what ever stage of expertise the collector has attained. From expert to beginner, there are resources that can inform and instruct. Books for beginners can help new collectors avoid costly mistakes such as paying too much for coins or failing to seek the help of seasoned experts. It can take a while to become truly proficient in this particular area of interest. Thankfully, there are many available resources that can help individuals who are new to this arena to expand their knowledge and expertise.
The worth of a collection can be a difficult thing to ascertain. Most numismatists will have a favorite coin collecting book or series of publications that can help them to set a fair value of the coinage that they possess. There are several criteria on which the value of the coin is determined. Such criteria could include identification, authenticity, and grade. The elements of identification can include the country that issued the coin, along with the date, the face value, and the mint mark. Since counterfeits unfortunately abound, establishing the authenticity of the coin is paramount. Establishing this important criteria may, in some cases, require the help of an expert. Grade will, of course, deal with the basic condition of the coinage and can take a large amount of study to evaluate. Another helpful coin collecting book is the price guide. These guides can help an owner, broker or collector set a value on an item once the grade, identification, and authenticity has been established. Some of these guides will cover coins from all over the world while some will only include coinage that was issued in the United States. Since prices can change with the passage of time, it is important to continue to purchase updated versions of the guides in order to make sure that the values that are set are current and up to date. In addition to the many publications that are available, there are also multiple online resources that can be of great help to novices and established numismatists alike.
Practical aspects such as the handling and storage of a collection might also be covered in a coin collecting book. Rare coinage will require very special care and a collector will want to make sure to educate themselves on how to store these valuable assets. Most experts will instruct novices to pick up a coin by the edges. It can be harmful to the coinage to leave fingerprints behind. Doing so can decrease the value to a large degree. In addition, it is also advisable to keep coins away from any source of moisture. For this reason, most experts will not hold coinage near their mouths for fear of moisture that can cause spots over time. Special holders are also available and coinage should be kept in these holders except on the rare occasions when they are taken out for examination. When an item from a collection is taken from its holder, it should be placed gently on a surface that is clean and soft. Some collectors even advise the use of surgical gloves when coinage is being examined. A coin collecting book that is specifically geared toward how these valuable collections should be treated can help an individual learn to keep these coins in mint condition and maintain their worth. Long term storage conditions should be moderate in temperature with a low level of humidity. Some collectors will also make use of silica gel to insure that moisture in the atmosphere does not harm the collection.
Some books specialize in the area of buying and selling coins. If a collector is interested in a coin collecting book that will serve as a basic resource of information in this area, these are widely available. Other books may be a little more comprehensive. These may offer information on taxes, recognizing scams, and how to purchase items at auction. The guidance that is provided by experts in the field can be invaluable. The direction that is offered to believers in the Bible offers both guidance and hope. "My soul fainteth for thy salvation: but I hope in thy word." (Psalm 119:81)
The topic of cleaning a collection is an important one. Information regarding the hazards of improper cleaning can generally be found in a coin collecting book. Most experts will recommend that a collector never cleans coinage. Doing so can greatly reduce its value by as much as half or even more. Consulting experts or taking the time to research all areas of this rewarding hobby is part of becoming an experienced numismatist.
Coin Collecting SuppliesCoin collecting is a fascinating hobby and coin collection storage is no less interesting for the collector or investor. Just as knowing details about coins and their value is necessary for the full enjoyment of this pastime, being aware of proper handling and storage is crucial to the long term preservation of the collection. Many websites are available which offer coin collecting supplies; these may be accessed with a simple Internet search. Often these include articles about topics of numismatic interest, such as how to handle and store coins, or how to invest in coins or precious metals. Even before investing, a person would be wise to become familiar with various aspects of the hobby, so as to minimize 'beginner' mistakes and avoid becoming a victim of fraudulent practices. This may be especially true if one has recently inherited a collection, and wants to avoid unknowingly damaging the items and decreasing their value.
There are probably almost as many options for coin collection storage as there are collectors. Like selecting a particular type or aspect of collecting itself, the choice of how to display and preserve these treasures is a highly individualized process. One can invest large sums of money or begin with rather modest equipment. However, all collectors need to deal with certain inescapable elements. Coins need to be protected from unnecessary handling, and from environmental effects which could cause deterioration and loss in value, such as corrosion and oxidation.
The variation in coin collecting supplies can be one reason why coin collecting is such a popular hobby. The products for coin collection storage range from inexpensive paper envelopes to individually sealed slabs which enclose the coins and protect them from damage. Therefore, with minimal investment, a child can be encouraged to experiment with this activity. Novelty items are available for gifts and special occasions. Adult collectors can find additional equipment, like books, magnifying instruments and protective slabs and cases. Special staplers which flatten and secure staples not only hold the item firmly within its covering, but also minimize snags and scratches. Serious investors also will have little trouble locating products which will protect their investment.
A few of the items which are available for coin collection storage are made of simple materials. Paper envelopes are available in various sizes for both coins and paper bills. These envelopes are unique, though, in that unlike regular envelopes, they do not contain chemicals which may cause a change in an item's color (tone). Soft inserts or 'flips' made from polyvinyl chloride (PVC) are not recommended, as these may decay over time and damage the coins. Mylar and acetate flips do not contain PVC, yet these are harder and care must be taken not to scratch the coins as they are handled. However, these are popularly regarded as a useful storage item. At times, paper inserts are included to identify the item. Make sure that these, like the envelopes above, are of archival quality. Some companies which offer coin collecting supplies also sell computer programs for producing labels and storing extensive information about the collection.
Tubes are another option in the range of coin collecting supplies. Again, these should be constructed of materials which will not cause damage to the coins. One disadvantage is that it is not convenient to view the coins without removing them from the tube. Mylar and cardboard 2X2s are another popular choice. A coin is sandwiched between two windowed layers, and the layers are stapled or adhered together. This is a convenient option for easy viewing of both sides of a piece without actually touching it. These items are sold in various sizes, and usually purchased in quantity. Other items are PVC-free sleeves and folders to hold a number of coins in standard-sized notebooks. Special lined trays and even cases to store such trays are other options. Finally, some special coins are individually mounted in slabs which enclose the piece entirely.
Once one has determined which combination of coin collecting supplies to employ in housing a collection, a collector needs to decide where this 'house' will be located for safety, access and protection from environmental concerns. This, too, may vary depending upon the age and interest level of the collector, or whether the collection is viewed as an interesting pastime or an investment. A child's collection may be inexpensively housed, and should remain available for personal viewing and showing to friends and relatives. Even at a beginner's hobby level, take the time to instruct a child in general principles such as proper handling of coins. Important lessons about sorting and organizing may be taught in a painless way. Also, encourage reading and research skills by pursuing topics which are of special interest. Spiritual lessons may also be taught, such as keeping this hobby in its proper perspective, for ...the love of money is the root of all evil: which while some have coveted after, they have erred from the faith, and pierced themselves through with many sorrows. (I Timothy 6:10)
Investment-grade coins need to be kept in a secure and protected environment to minimize the threat of damage or theft. These items should not be removed from original cases, lest damage occur. Also, with such items, the original container is considered part of the set; lose it and a loss in value can be assumed. Even careful handling of mint or proof condition coins may result in deposits which will immediately lessen the coins' condition and value. Investors should have at least a basic familiarity with the things they wish to acquire. Books and magazines about coins and coin collection storage are easily obtained at stores, libraries and on line. These may include information about coin values and how to acquire relationships with coin dealers of integrity, while avoiding fraudulent offers. Collectors of all ages can certainly benefit from this readily available information.