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How To Begin Numismatic Coin Collecting

Author : John E Stone

Submitted : 2010-03-08 08:34:07    Word Count : 581    Popularity:   42

Tags:   numis network, numismatic coin collecting, numismatic coins

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Numismatics, the study of money and the collection of coins, began hundreds of years ago. Numismatic coin collecting became known as the "hobby of kings" because typical coin collectors were royals, nobility and people of privileged backgrounds. Today anyone can enjoy the fascinating hobby of collecting coins.

One of the first mentions of coin collecting has to do with Augustus Caesar, Emperor of Rome. He became very well known for passing out coins of all kinds to rank-and-file Roman citizens during the festival of Saturnalia. The man considered the very first "official" coin collector was Petrarch. Petrarch was an Italian scholar who gave Charles IV, Holy Roman Emperor, a collection of coins.

The first book having to do with coins was written by Guillaume Bude in 1514, De Asse et Partibus. King Louis XIV of France, King Ferdinand I, Pope Boniface VIII and Maximillian, Holy Roman Emperor, were all avid collectors of coins.

In the early 19th century, coin collecting societies and associations began. The Royal Numismatic Society began in 1836. It still exists today and publishes the Numismatic Chronicle, a journal of coin collecting. The American Numismatic Society began in 1858. In 1866 it began publishing the American Journal of Numismatics. Today the largest coin collection in America is owned by the society.

Over time, more and more people discovered this fascinating hobby. Most are amateur collectors who simply enjoy the coins. Others are professional and grade coins according to the Sheldon Scale. Numismatics has room for every kind of coin collector.

Collecting coins is an easy hobby to begin and is enjoyed by people of all ages and walks of life. It does not cost a lot of money and most of the supplies to get started are already in most homes. If you are beginning a collection with little to no budget, all a person needs to start a coin collection is a box, coins and an interest in them.

If you have a bit more to spend on supplies you will want to purchase an album and/or small paper envelopes. These things are used to protect the coins. You will also need a magnifying glass between 5x and 8x and a book for identifying and pricing the different coins.

Advanced coin collectors can purchase as many supplies as their budgets allow. The sky is the limit. Advanced coin collectors may want to specialize in collecting coins from a specific era or part of the world. Some coin collectors may want to collect the same coins in each year they were minted. Others may decide to learn how to grade the coins.

Numismatic coin collecting is a fantastic hobby for children, teens and adults. It is one hobby that actually grows or deepens with the ability and interest level of the collector. It can be very complex or very simple, depending on the person; even intellectually disabled individuals can create their own coin collections with a bit of help. Coin collecting is a hobby that can easily be shared with friends and family and one that will bring years of enjoyment to all.


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