subject: Why Persons Are Interested In Coin Collecting [print this page] Nowadays, you can find thousands and thousands of people who are enjoying coin collecting and these numbers are always growing, which is a welcome change from the condition which existed prior to the year 1999. Actually ever since the mid sixties, coin collecting as an activity and hobby had been showing signs of decline due to the change in material that US coins were being produced.
Base Metals Replace Silver
If silver was replaced with base metals, it was much harder to find perfect old coins and thus the interest in coin collecting is declined. Nevertheless, the year 1999 saw the appearance of the 50 State Quarters Program when the first State Quarters were issued which honored the US state of Delaware.
This 50 State Quarters Program reignited interest in coin collecting and it led lots more people to take up coin collections as a significant activity. Persons might want to collect coins on account of the fact that those coins were minted in the year that their kids were born or they might begin collecting coins with a view to sell them off later when their value appreciates.
The right example of how coin collecting can end up being a good exercise is shown in the case of one Louis E. Eliasberg Sr. in whose collection of coins, after his death, fetched his heirs a huge forty-four million dollars.
The best way to start the coin collecting activity is by making a beginning with date-and-mint coin collections. The Lincoln cent that is issued every year is an example of how to start adding coins to the collection. Or you might need to collect coins based on certain coin types and instead of collecting coins from every year and according to mink-marks it may be a better idea to collect coins from a particular series and also from a certain mint.
Mint error coins too make great coins that each one that is considering coin collecting has to think about including in their coin collections. To make coin collecting easier why not also take advantage of coin collecting software which you will find different types though each can help you with various factors of coin collecting.
With a little bit of luck, you may even succeed in adding some really valuable and maybe even rare coins to your collection and then you can enjoy a tidy profit by selling them off later when they are much in demand and when their value appreciates sufficiently to warrant selling them off.
