Are you interested in starting a coin collection? Coin collecting is a great hobby as it can be very rewarding. It's also a lot easier than you think to get started. Here's everything that you need to know about coins to start off your coin collection right.

You Can Start Collecting Today

You don't have to go on a hunt or invest a bunch of money to start coin collecting. Instead, consider starting with the coins you have right now. Start your collection by inspecting the coins you get every day. There are a lot of valuable coins in circulation that never seem to leave circulation. Of course, it helps to know what to look for, so do some research! For instance, the Morgan Dollar was one of the most popular U.S. coins ever minted. It was made from 1878-1904 with one additional mint run in 1921. The Peace Dollar, which replaced it, was 90% silver according to the U.S. Mint. While you may not be lucky enough to cross paths with one of these beauties in your change from the gas station, you never know what you might find when you know what to look for.

Set Your Goals

When you do your research to decide which coins you want to collect, it can be worth considering your goals. Having a specific era or a specific type of coin in mind is a good way to focus your attention. Setting goals for your collection will give your collection a purpose.

Figure Out a Budget

Collecting coins can be fun, but without a budget in place, you may overspend. Set a budget that's comfortable and stick to it. Half the fun of coin collecting is doing it over time. Don't be in a rush to build your collection and spend more than you should, or you run the risk of turning your hobby into a source of stress.

Get Involved in the Community

Other coin collectors can be a great resource of information for the novice. They can provide you with valuable advice and share some of the steps they used when they first got started. You can very likely find a club in your own community. In the event that you can't, however, you'll absolutely be able to find a community of coin collectors in the online space.

Collecting coins is an ever-evolving hobby. Do your research and learn as much as you can about collecting coins, and before you know it, you'll be able to develop an eye for valuable coins and have a wonderful collection. Unsure where to start? Give us a call today at Hill Top Coins to learn more!