Tuesday, November 24, 2015

Make Money With Coins

Coin collecting is a hobby that's been around for many years. People often collect coins for fun, but it can also be very profitable. Many people, from other collectors to coin dealers, are always interested in buying.


Instructions


1. Get a basic knowledge of the coin collection you have by reviewing a guide book. This will help you familiarize yourself with the coins and their possible worth. One good book to get started with is United States Coinage: A study By Type. This book will help with imagery and information. You can also purchase Coin Collecting For Dummies. It may sound a bit strange, but it offers first rate information in understandable terms, which is helpful if you're a novice.


2. Get online and retrieve a list of coin dealers in your area. You can also look up any coin and/or antique shows coming to your area. Sometimes antique shows have a coin dealer present.


3. Have your coins appraised by a professional dealer. Make sure your coin dealer is PNG certified. PNG is the Professional Numismatists Guild, which is an organization of coin dealers who must meet a number of strict standards in order to join.