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Start A Commemorative Coin CollectionStart A Commemorative Coin CollectionStart A Commemorative Coin Collection

How to Start a Commemorative Coin Collection

July 26, 2017 by Colonial Acres Coins

Last updated on April 14th, 2021 at 03:09 am

Last Updated on April 14, 2021 Posted by Colonial Acres Coins

Are you looking for a fun hobby to start? Coin collecting is a fun thing to do, whether you do it on your own or you do it with friends or family. Each minted coin has its own story, from establishing independence to a symbol of a country. Commemorative coins are a nice addition to any coin collection, because of the stories they tell and the value they bring. This type of coin was specifically made to commemorate a person, place, thing or animal.

When you plan to start collecting commemorative coins, there are certain things you can follow to make it easier.

Year

This theme focuses on the year when a commemorative coin was minted. There are different commemorative coins that come out by year in various parts of the world. You will get your hands full collecting coins from America, Canada, Australia and others. Coin values may differ depending on the year a certain coin came out.

Country

Each country has their own set of commemorative coins, whether it is the face of a former leader or animal that is significant to them. The one you add to your coin collection will depend on your preference.

Subject

Commemorative coins use various subjects, you can choose from koalas, a maple leaf, a former president, a particular animal of significance or a certain event. These coins are rare and sometimes are not legal tender or are in circulation. Chances are this type of coin is in short supply, making some of them valuable as the years go by. In coin collecting, the rarity and supply of a coin will have a direct effect on its value. Keeping commemorative coins in your coin collection may increase its value to other collectors.

Find a Coin Dealer

After settling on a theme to collect coins, finding the right dealer is a must. There are many stores out that have an extensive collection. Browse through these to determine, if they have the particular commemorative coin you want. The price of the coins may also change from one dealer to another as some of them place a different value on the items they offer.

Storing Coins

It is important to store coins properly because dust, water, heat and other elements may erode their value over time. The way you hold a coin may damage its surface, always hold it by the sides and not on the surface as the olds on your fingers may damage it. Store your commemorative coins in plastic, folders or other coin holders to preserve them.

Collecting commemorative coins no matter what the theme is; is a great hobby to do on your own or with others. Each coin is a piece of history and is significant to the country that minted them.

Filed Under: Canadian Coins Tagged With: coin collection, coin values

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