Coin Tools

Coin Tools latest news, images, analysis about Adding coins to your portfolio manually, you can decide how much information you enter …

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Is coin collecting a good hobby?

Why Coin Collecting is a Great Hobby. The benefits above should sound familiar, although we all find additional ones along the way. Without a doubt, it’s a great time to be a numismatist. Today, opportunities to buy, sell and examine coins are everywhere. Make the most of them and enjoy this hobby as much as you can.

What is the best coin to collect?

  • Liberty Head “Barber” (1892–1915): 90 percent silver
  • Walking Liberty (1916–1947): 90 percent silver
  • Franklin (1948–1963): 90 percent silver
  • Kennedy (1964): 90 percent silver
  • Kennedy (1965–1970): 40 percent silver

How to safely store your coin collection?

Tools to help you organize and care for your collection include:

  • A high-quality magnifying glass for coin inspection
  • A soft cloth or pad to hold coins over when viewing them
  • A plastic ruler (metal rulers may scratch coins)
  • A general coin reference book that includes information on dates, mint marks, major varieties, grading guidelines, and prices
  • Good lighting
  • Soft cotton gloves

More items...

How to authenticate coins in your coin collection?

  • Coins made in the US from 1965-1967 don’t have mint marks.
  • For example, coins made in Philadelphia will often have a “P,” while coins minted in Mexico under the Spanish will have an “M.”
  • Avoid touching your coins to keep the value high. ...
  • It’s best to keep your coins in a plastic coin holder to keep them safe.

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