If you think that only adults can collect certain items like coins, you're very wrong. Attention to all kids out there - you too can collect the coins that you like. Kids always want to have fun and oftentimes, they find coins anywhere. If you have any coins, try to store them somewhere safe. It's easier for kids to collect coins because they can just ask from their parents, their aunt and uncles, grandparents, and other relatives.
Parents should also encourage their kids if they see that they are interested in coin collections. If your parents don't know your interest in coin collecting, this is the perfect time to tell them. Being involved in a good hobby is something that most parents encourage and they will be more wiling to help out. So, what coins can you find in your pocket? If you don't plan to spend those coins, you can keep them already. When your grandparents and other relatives give you money, check them out instantly. Try to give attention to the coin's design. Perhaps you already have a twenty five cent coin from the Canadian Mint or even a fifty cents commemorating Queen Elizabeth's Golden Jubilee.
If you parents give you an allowance, don't spend the money in unnecessary things. Try to save some for your coin collection. If you already have a considerable amount of savings, you can ask your parents to take you to the local bank and buy some coins that you can include in your collection. You can also check out online resources and know the coolest coins in the market today that is worth collecting.
You don't need a huge collection of coins because you're still a kid. You can ask your parents to provide you with a lid jar where you can keep your coin collections. You will notice that as you grow older, you will have more collections to show your family and friends. You see, the best collectors of coins started from a few coins.
From the very start, you should already list all the coins that you put inside the jar. That way, it will be easier to monitor which you coins you have. You can use graphing paper so that you can keep track of your collections in an organized manner. If you don't know how to do this, let your parents help. Don't forget to indicate the year the coin was issued.
Once the coins are compiled, it will be easier to classify them and later on, conserve the coins. You can take all the coins issued on the same year and keep it in a separate jar. You have to keep the coins somewhere safe so that they are in good condition.
You will know a lot of famous people as you collect coins. Aside from that, you can also discover other places where the coins came from. You see, all the coins are rich in history and stories. You will also discover unique symbols and strange geographies.
Kids can start coin collections even at a very early age. With the support of parents and family members, your collection can grow to be a worthy collection; one that you can cherish even when you're already old. Don't stop collecting coins even if you're already a grown up and try to find a more appropriate storage for them.
By: Jon Simms
Showing posts with label money. Show all posts
Showing posts with label money. Show all posts
Tuesday, May 26, 2009
Monday, May 25, 2009
How To Create Your Own Coin Collecting Kit
You can't say that collecting coins is only about coin-keeping. Numismatists or people enthusiastic about coins will tell you that it is much more -- a rather methodical and to some extent a complex hobby. You should follow some specific guidelines to make sure that you carry on this hobby with a disciplined approach while having fun and making money at the same time.
Below is the list of some necessary things that should be a part and parcel of your coin collecting activity.
1. Using guide books on coins
Both beginners and professional collectors of coins should use guide-books on coins.
Coin guides give tips on how to start, as well as special instructions on how to proceed with the hobby of coin collecting.
These books not only give start-up tips but also provide information regarding the procedure to walk the road of this hobby of coin-collection.
As coins differ in respect of their price, grade etc., these books also come handy by giving necessary information related to the same.
Reading these guide-books is strongly suggested before starting the hobby of coin-collection as it would be a safeguard against taking wrong decisions due to non-availability of proper information.
2. Record of the stock of coins
Proper stock-records for all the items that you have collected must be kept. Facts such as grade, year, cost, face value, remarks and trend should always be obtainable in case they are needed.
Stock records aid a lot in proper organization of the collection of coins. If any collector gives a brief look to these records, it can help by showing which coins have become useless or are required no more.
For keeping a record of information related to coins, numismatists have some alternatives as regards the method to be followed. They may utilize either the long established procedure of using paper and pen or use the software specifically prepared for coin-collection.
3. Coin Box
Coins should be kept in properly protected holders and boxes so that they don't get damaged.
Some chemical reactions often occur between the metals of which the coins are made and sulphur or PVC. So paper (in which sulphur is present) or plastic (consisting of PVC) shouldn't be used for coin-storage on a long-term basis.
4. Gel of Silica
For preserving the coins properly, packets of silica gel should be used as it helps to maintain correct temperature and low level of humidity in the atmosphere.
5. Glasses that magnify
To rank the coins, magnifying glasses offer a big helping hand. Though 7x magnification is the most recommended one by numismatists, but even magnification in the range of 4x to 10x will complete the job pretty well.
For examining the degree of excellence and the genuineness of coins, a magnifying glass is of great help. Defects which can't be seen by the naked eye like scratches or even hairlines can be brought to notice by magnifying glass. This is a good thing as such defects affect the coin-value in a negative way.
6. Light Source
A source of light should be kept at a distance of half a meter from the workstation. A 75-watt lamp that's incandescent or a halogen lamp is suggested for this purpose.
7. Tools for handling
The quality of the coins gets diminished by the marks of finger. So, coin-collectors who are serious about their hobby use gloves meant for surgical purposes and pads made of velvet for coin-handling.
Finally, the preliminary kit of coin-handling is ready. So, have a great time following your hobby!
by: Mohammed Shomam
Below is the list of some necessary things that should be a part and parcel of your coin collecting activity.
1. Using guide books on coins
Both beginners and professional collectors of coins should use guide-books on coins.
Coin guides give tips on how to start, as well as special instructions on how to proceed with the hobby of coin collecting.
These books not only give start-up tips but also provide information regarding the procedure to walk the road of this hobby of coin-collection.
As coins differ in respect of their price, grade etc., these books also come handy by giving necessary information related to the same.
Reading these guide-books is strongly suggested before starting the hobby of coin-collection as it would be a safeguard against taking wrong decisions due to non-availability of proper information.
2. Record of the stock of coins
Proper stock-records for all the items that you have collected must be kept. Facts such as grade, year, cost, face value, remarks and trend should always be obtainable in case they are needed.
Stock records aid a lot in proper organization of the collection of coins. If any collector gives a brief look to these records, it can help by showing which coins have become useless or are required no more.
For keeping a record of information related to coins, numismatists have some alternatives as regards the method to be followed. They may utilize either the long established procedure of using paper and pen or use the software specifically prepared for coin-collection.
3. Coin Box
Coins should be kept in properly protected holders and boxes so that they don't get damaged.
Some chemical reactions often occur between the metals of which the coins are made and sulphur or PVC. So paper (in which sulphur is present) or plastic (consisting of PVC) shouldn't be used for coin-storage on a long-term basis.
4. Gel of Silica
For preserving the coins properly, packets of silica gel should be used as it helps to maintain correct temperature and low level of humidity in the atmosphere.
5. Glasses that magnify
To rank the coins, magnifying glasses offer a big helping hand. Though 7x magnification is the most recommended one by numismatists, but even magnification in the range of 4x to 10x will complete the job pretty well.
For examining the degree of excellence and the genuineness of coins, a magnifying glass is of great help. Defects which can't be seen by the naked eye like scratches or even hairlines can be brought to notice by magnifying glass. This is a good thing as such defects affect the coin-value in a negative way.
6. Light Source
A source of light should be kept at a distance of half a meter from the workstation. A 75-watt lamp that's incandescent or a halogen lamp is suggested for this purpose.
7. Tools for handling
The quality of the coins gets diminished by the marks of finger. So, coin-collectors who are serious about their hobby use gloves meant for surgical purposes and pads made of velvet for coin-handling.
Finally, the preliminary kit of coin-handling is ready. So, have a great time following your hobby!
by: Mohammed Shomam
Friday, May 22, 2009
Starting a Coin Collection for Kids
The best time to mould a child (kid) is when he/she is still young. By getting the curious minds involved in something educational, there is a very good chance that they will become responsible adults.
Some parents can start by teaching how to cook or baking at a young age. If the child enjoys and does well with it, then perhaps in the future, this person could become a chef. Giving a child a hobby can also teach that child how to stay focused or to pay particular attention to a certain subject. A good example of this is starting a coin collection.
For most adults coins are just petty cash. They are used to buy a newspaper or used to pay for a ride on the subway etc. For children, coins are more than that. Some children save the coins placed in their piggy bank to make a special purchase or save them to use for their college tuition.
To start a coin collection the parent and child can start by opening the piggy bank and examining the coins together. Coins were manufactured during different years and each has its own history. By explaining the significance of each, the child’s interest will grow and this in turn will encourage growth of the coin collection.
Both the parent and child could get lucky if they should find that a coin has missing letters or numbers or a misprint is seen on the coin. Since such things don’t happen often, the value of the coin is much higher than the original face value.
Coins can that are to be part of a collection should be kept inside a small box separated from the coins used for savings. When this collection has grown larger, then it is time to buy a plastic folder in which to store the coins. There are two kinds or folders currently on the market: the first can hold the coins individually and the other is a sheet which can hold a number of coins per page.
By using folders the child and take the collection to school for “show and tell” and would improve the child’s self-confidence in achieving something on his own - without the help of the parents.
Coins can teach the child about saving for a special purchase or project and encourage the child to work hard to achieve that goal without always asking for money from mom or dad.
Coin collecting started in the early years will pay off later in life by teaching responsibility.
Some parents can start by teaching how to cook or baking at a young age. If the child enjoys and does well with it, then perhaps in the future, this person could become a chef. Giving a child a hobby can also teach that child how to stay focused or to pay particular attention to a certain subject. A good example of this is starting a coin collection.
For most adults coins are just petty cash. They are used to buy a newspaper or used to pay for a ride on the subway etc. For children, coins are more than that. Some children save the coins placed in their piggy bank to make a special purchase or save them to use for their college tuition.
To start a coin collection the parent and child can start by opening the piggy bank and examining the coins together. Coins were manufactured during different years and each has its own history. By explaining the significance of each, the child’s interest will grow and this in turn will encourage growth of the coin collection.
Both the parent and child could get lucky if they should find that a coin has missing letters or numbers or a misprint is seen on the coin. Since such things don’t happen often, the value of the coin is much higher than the original face value.
Coins can that are to be part of a collection should be kept inside a small box separated from the coins used for savings. When this collection has grown larger, then it is time to buy a plastic folder in which to store the coins. There are two kinds or folders currently on the market: the first can hold the coins individually and the other is a sheet which can hold a number of coins per page.
By using folders the child and take the collection to school for “show and tell” and would improve the child’s self-confidence in achieving something on his own - without the help of the parents.
Coins can teach the child about saving for a special purchase or project and encourage the child to work hard to achieve that goal without always asking for money from mom or dad.
Coin collecting started in the early years will pay off later in life by teaching responsibility.
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