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Showing posts from November, 2017

What type of coin collector are you?

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The industry of coin collecting is huge and dynamic, with an estimated net worth of $5 billion in the United States alone. While many people would like to get their hands onto as many types of coins as they want, some enthusiasts have categorized themselves as a certain type of coin collector to have a great knowledge on which clubs they should be part of and which kinds of coin dealers they should find.  Image source: coinsonline.com Type collectors are the ones who choose to collect one example of every coin, denomination, metal, or design from a certain period. These collectors may decide to collect one of each coin from his or her chosen century.  Error collectors look for coins that have minting errors. They keep an eye on coins that have been struck in parts, those that have not been struck at all, or coins that were clipped during the minting process. Many collectors and dealers focus their attention on coins with minting errors.  Novelt...