How to Start your Collection

collecting_jeansWhere to look for your coins, tokens and notes

  • Your wallet
  • Ask your family and friends
  • Your local bank
  • Collectors and coin clubs
  • Coin dealers
  • Coin shows
  • Mail order
  • Flea markets, antique shows, and craft fairs
  • Auctions (must be 18 years or older to buy)
  • Internet (must be 18 years or older to buy)

Investing in your collection

  • Collecting can be a long-term investment but it should be done primarily because you enjoy collecting.
  • Buy quality. It is better to buy one quality piece than many low-quality ones.

The basic tools you will need to start collecting

  • Envelopes, holders, or albums for storing your coins and notes.
  • A high-quality magnifying glass so you can look at a coin or note’s tiny details.
  • A good general numismatic reference book. It should include information on dates, mint marks, major varieties, grading guidelines, and prices.
  • Soft cotton or nitrile gloves.
  • A plastic ruler that measures in inches and millimetres. Avoid hard metal rulers that may scratch your coins.
  • A padded jeweller’s tray, plush towel, or some other soft cloth to set coins on when viewing them.
  • Good lighting, such as a halogen lamp.
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