Starting A Coin Collection Especially For Yourchildren Can Be Fun And Exciting. More Than That, Itcan Be Profitable Too. A Lot Of Parents Start Agallery Of Their Coin Collection For The Sake Of Theirchildren And The Generation After. It Is Quite Athrill To Fancy Old Coins And Show Your Kids How Themode Of Currency Looks Like, Way Back.Collecting Coins Can Also Be A Sort Of Investmentbecause Sometimes, Coins That Were Inherited Or Passedon From Generation To Generation Are More Valuablethan A Hundred Dollar Bill. Now, Collecting Coins Canbe Cool But There Are A Couple Of Pointers That Youhave To Take Note Of Like: Determine The Amount Of Money That You Are Willingto Spend For The Sake Of Buying Old Coins. Remember, Acoin Collection Is Not Just A Collection Of Oldpennies But An Array Of Very, Very, Very Old Currencyused Even During Ancient Times Which Means, They Arequite Expensive And Relatively Centuries Old. What Is Your Goal In Collecting Coins? For Gifts?Investment? Hobby? You Have To Decide Whether Or Notthis Collection Will Go On For Years Or It Will Stopat Some Point In Your Childs Life.Collection BudgetFor The Sake Of Discussion, Well Tackle Aboutstarting On A Very Tiny Budget, Much Like 50-100dollars A Year. With This Kind Of Budget, You Couldbuy Several Kinds Of Coins Namely The Mint Sets Whichwould Not Be More Than 100. Fancy Silver Proof Costsabout 40 Same As With Uncirculated Set Which Wouldjust Amount At 25. You Can Go Through The Internetand Search For Probable Coin Prices Which Are Not Thatexpensive And Would Definitely Reach Your Budget.Child MotivationEncouraging Your Child To See Coin Collecting As Ahobby Is Thin, But Very Much Possible. All You Have Todo Is Motivate Them To Like Coin Collecting By Makingthem Realize The Importance And Benefit They Can Getfrom It. There Are Several Coin Types That Your Childcan Appreciate Namely Buffalo And Jefferson Nickels,Mercury Dimes, Wheat Cents, Roosevelt Dimes And IndianHead Pennies. Start With These And Then Show It Yourchild. Sit Down With Him And Tell Short Stories Aboutthe Coins. This Will Somehow Build A Certain Kind Ofinterest In Him.Safe Coin CollectionHowever You Decide Your Coin Collection May Be Heirloom Or Investment Reasons, Or Just For Fun, Makesure That It Is Safe, Both For You And Your Child. Ifyoure Planning To Stash Your Heirloom And Investmentcoins At Home, Bad Idea. You Just Gave Yourself Apretty Good Reason To Be Robbed. Best Thing To Do Isget A Safety Deposit Box And Keep Them Safe In A Placewhere You Only Know Or If You Really Treasure Yourcoins, Put It In The Bank. If Your Kids Are Activelycollecting Coins, Make Sure That It Is Kept In A Safeplace Where Visitors Or Strangers Will See. If Yourchild Shows No More Interest In His Collection, Justdeposit His Coin Album In Your Bank. Never Leave Ithanging On A Drawer Because Burglars Will Definitelytake It For They Are Very Easy To Sell. Always Teachyour Child The Importance Of His Coin Collections Andtell Him To Keep The Folders Out Of Sight Especiallywhen People Are Around.
