How to Start your Collection
Where 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.