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Steps to Start Your Own Coin CollectionSteps to Start Your Own Coin CollectionSteps to Start Your Own Coin Collection

4 Simple Steps To Start Your Own Coin Collection

August 22, 2018 by Colonial Acres Coins

Last updated on May 2nd, 2024 at 03:35 pm

Last Updated on May 2, 2024 Posted by Colonial Acres Coins

Whether you’ve made the decision to start a coin collection on a personal level or you believe that it can be a lucrative activity, one thing is certain – it is guaranteed to be fulfilling. There is so much history and beauty to be found behind every single coin series. It doesn’t matter where you start – trying to discern the legendary Canadian 50 cent coin value or taking up an interest in an old coin that’s been in your family for generations – there are easy steps you can take to start off on the right foot. These include:

  • Defining your passion
  • Set up a plan of action
  • Proper organization
  • Get in touch with the pros

Defining Your Passion

With so many mintages, designs, series, finishes and everything else coin-related to choose from, everything may sound overwhelming at first. You can start basically anywhere – world coins, paper money, precious gold or silver coins, classic coins or popular series. The most important thing to keep in mind here is that no matter where you start, you’re building your collection for you and you alone. That should be your guide and the only factor you need to abide by when building your collection.

Set up a Plan of Action

This represents a step that you should take after you’ve decided what it is exactly that you want to collect. You can start off by organizing either by type, series, design theme, or by a specific date span. Each of these criteria can serve as a guideline for you to organize your collection. Depending on what you prefer and what you want your collection to focus on, simply set it up to follow any of the previously mentioned criteria and you’ll be on your way to a pretty impressive collection in no time.

Proper Organization

Working out how you are going to store and organize your collection is probably among the most important steps. First and foremost, storing your coins in jars or boxes that are left sitting in damp basements filled with mildew or hot and dry attics is a big no-no. You have the option of choosing from tons of safe paper and coin money storage options such as folders, albums and so on.

Get in Touch with the Professionals

Connecting with more experienced collectors and numismatics authorities is always the proper way to go when setting up collection. Colonial Acres Coins has been in business for more than 25 years and have established ourselves as a trusted coin dealer and appraiser. In addition to being home to countless rare and valuable paper money and coin pieces, Colonial Acres is also where you’re able to find a experienced team of professional numismatists who are able to provide accurate and reliable information about pretty much any coin piece you can imagine, including the legendary Canadian 50 cent coin value. Get in touch with Colonial Acres today and benefit from our vast knowledge and experience.

Filed Under: Canadian Coins Tagged With: Canadian 50 Cent Coin Value

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