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Collecting U. S. Coins

There are so many different kinds of U.S. Coins. How do I know which ones to collect? That’s a choice only you can determine. I always recommend to someone starting out in this wonderful hobby to buy a coin book such as the “Redbook: A Guide to U.S. Coins” or “The U.S. Coin Digest” published by Krause Publications and available on our numismatics books page.

Either of these books will be the best investment that you can make. Read through them and try to determine what you’d like to collect that also fits your budget. After this, attend some coin shows just to look around at different dealers inventories to get a feel for things. Don’t forget to ask questions! Once you’ve made up your mind on which type of coin you want to collect, start off by collecting the best grade you can afford. It might be best to start by getting coins that have been slabbed/certified by a reputable third party grading company such as PCGS, NGC, ANACS, etc. Since you may not be truly familiar with how to properly grade a coin it could cost you some serious money, and the coin may turn out to be a counterfeit.

I won’t go into all of the different types of coins that are available to collect in this column; remember too that you also have a choice of metals to pick from including gold, silver, copper, platinum, and other alloys. Or, who knows, you may wind up collecting them all!

Happy Collecting and remember to buy the book first.